TheAuroraTrade Compliant Review
GET A FREE CONSULTATION
TheAuroraTrade calls itself an AI trading application that offers portfolio management services. On paper, the narratives are enticing and the terminologies appear to appeal to the crowd. However, once you start following the details, the entire perception changes. For starters, their regulatory stance is weak. Australian authorities have issued a warning about them.
Plus, the social proof is beyond weak. Domain age is also not reassuring. All in all, it is difficult to even consider them as a trading platform. Read till the end to find out other aspects we found during our research.
TheAuroraTrade Overview
As we mentioned before, TheAuroraTrade poses like a trading platform that is powered by AI and offers portfolio management services as well. Narratives are too basic and vague. The exact parameters they use or the win rate they have achieved so far is never mentioned.
There are a lot of explanations regarding a few trading aspects. However, they are also basic in nature and do not provide any valuable or actionable insights. In short, nothing featured by them screams legitimacy.
Contact Details
Apart from a single email address, this platform hasn’t featured any other contact details. Usually, legitimate platforms provide telephone, chat and phone support to attend to the needs of the clients.
Email – contact@theauroratrade.com
Is TheAuroraTrade Scam or Not?
TheAuroraTrade is most probably a scam. The kind of services they are providing requires them to be registered. Australian authorities warning about them clearly shows that they are operating illegally.
Owing to the facts, it is a no brainer that we should stay away from them. After all, if they had the intention of catering to the retail crowd, why would they start the operation in this manner? Moreover, even the social proof is missing.
Bottom Line
Every day hundreds of new platforms emerge in the financial realm. While every one of them claims to offer few unique advantages, it is not worth it to roll the dice without checking the license and verifying the operations.
After all, if it is not safe, then what’s the point of depositing on a particular platform, right?