Finovative AI Review – AI Trading

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Finovative AI is trying its best to pretend to be an all in one trading platform. Apparently, they use AI to enhance the user experience and provide high leverage to the retail crowd. Most of their statements and claims create confusion and their FAQ section is not comprehensive.

In other words, the amount of missing details are overwhelming and it certainly doesn’t paint them in a good way. If you are considering using their services, the following content is something you should certainly be aware about.

Continue reading and feel free to share your thoughts in the comments section.

What is Finovative AI?

 

Finovative AI is an investment portal that aims to give a broad range of trading instruments to the retail traders and investors. Depending upon your needs, capital required might range anywhere between $5000 to over 1 million USD. To unlock all of their offerings, investors are forced to commit over a million dollars in capital.

Clearly the amount of capital needed is far beyond the industry standard and the risk clearly outweighs the rewards. On the education side, the materials shared with the public are basic, by itself it certainly isn’t a noteworthy feature.

To know whether they really deliver value, a third party audit of the active accounts would have been nice. Sadly, nothing is provided that can back up the ability of their AI infused interface.

 

Contact Details and Legality

 

As this platform raises money from the public across many regions, they need to be regulated and ensure compliance. Sadly, the details about the licenses or compliance is not shared on their platform. In a few countries, operating in this manner might be tolerated.

However, in the US, Australia and UK, this scheme would be considered on the other side of the law. Contact details shared by them consist of a phone number and an email address which are as follows.

Phone – +14388193040
Email – Support@finovative-ai.com

 

Finovative AI: Scam or Legit

 

This platform is a shady organization that has hid a lot of information from the public about their whereabouts. FAQ section answers only the basic questions, but fails to provide utmost clarity.

Also, there are warnings issued against them by Australian authorities. User testimonies are not significant and the sample size is less than 100. Also, the domain age and website authority does not change their image.

So, one needs to be careful while interacting with them and hands down, the wise choice is not to proceed with them.

 

Bottom Line

 

In the online investment era, the main thing that needs to be present is regulation. We are not saying that regulated exchanges will never go down, but the kind of protection they provide and the standard they uphold, make them a reliable choice.

Also, regulated exchanges provide users with insurance of the funds too in most cases. As far as Finovative AI goes, the facts suggest that they are nothing but trouble.