BrokersView has Reviewed that ​AE Trade is an Unregulated Broker According to its website, AE Trade claims to provide trading services such as foreign exchange, stock indexes, precious metals, and cryptocurrencies. It claims to be headquartered in Australia and regulated by National Futures Association (NFA) (license number 0559483), Financial Crimes Enforcement Network (FinCEN) (license number 31000256114249), Australian Securities & Investment Commission (ASIC) (license number 488828). Upon investigation, we found a company AE Trade in the NFA BASIC, but the ID is inconsistent with its claim. Furthermore, it is not a member of NFA and its NFA ID is only for tracking purposes. This cannot be used as effective evidence for regulating foreign exchange, and we found that the ASIC license number 488828 doesn't belong to it, in addition, we didn't find any matching information in the FinCEN. The truth is that AE Trade is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. AE Trade is a scam.
AE Trade
VisitRisk Level - High
AE Trade
Risk Level - High
Scam Evidence & Warnings
BrokersView has identified that AE Trade's website is currently offline BrokersView found that the domain "https://aetradeltd.com/en/index" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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