Beware of the unauthorized financial services promoted by TRADE AIDE LTD (tradeaide.org). Financial regulatory authorities do not authorize them and target individuals in the UK. Victims have reported losing significant amounts of money to this scam.

Unauthorized firm details:

• Address: 291 Brighton Road, South Croydon, United Kingdom, CR2 6EQ
• Telephone: +15027915719
• Email: info@tradeaide.org

If you have been scammed by tradeaide.org, please share your experience to help others avoid this fraud.

[caption id="attachment_2104" align="alignnone" width="1200"] Tradeaide.org[/caption]

Domain Analysis

TRADE AIDE LTD, operating under the domain tradeaide.org, is a deceptive entity posing as a legitimate financial service provider. Registered on December 10, 2023, through HOSTINGER operations, UAB, this domain uses privacy protection services from Privacy Protect, LLC, obscuring its registrants’ identities and contact details. The website is hosted on servers in Phoenix, United States, operated by Hostinger International Limited.

Despite its sophisticated presentation, TRADE AIDE LTD lacks authorization from financial regulatory authorities, rendering its services unauthorized and illegal. They have been targeting UK residents, misleading them into believing they are engaging with a legitimate investment firm. The provided contact information, including a South Croydon address and a US-based telephone number, enhances the façade of credibility. However, these details are likely fabricated or misappropriated to enhance their deception.

TRADE AIDE LTD has garnered a few backlinks from various sites but lacks significant organic search traffic or keyword rankings, indicating a relatively new or low-traffic website. This aligns with the modus operandi of many scam sites, which often remain under the radar to avoid detection for as long as possible.

Tradeaide.org Review

TRADE AIDE LTD presents itself as a professional cryptocurrency investment platform that promises lucrative returns through advanced artificial intelligence technology. The company claims to offer a range of investment plans with daily returns varying from 45% to 75%, depending on the investment amount. The website emphasizes its global reach, asserting that it adheres to the strictest regulatory standards and is fully licensed and regulated across Europe, the Middle East, and Asia. They claim to provide high liquidity and secure investment opportunities through a sophisticated AI trading system.

TRADE AIDE LTD’s website details various aspects of its services, including crypto trading, forex trading, stock market investments, and municipal bonds. The company boasts of its experience and professional approach to diversified portfolio management, highlighting discipline, quality focus, and conservative risk management. They also offer a referral program with a 5% reward for every referral deposit, indicating an attempt to build a network of investors through incentivized recommendations.

The company lists its headquarters at 291 Brighton Road, South Croydon, United Kingdom, CR2 6EQ, and provides a US-based phone number, +1 (502) 791‑5719, and an email address info@tradeaide.org. Their management team includes individuals like Aundre Mc Ward, the chairman and CEO, who purportedly holds impressive qualifications from Harvard University and a wealth of experience in investment management. Other team members listed hold high-profile positions and advanced degrees, further aiming to establish credibility.

Red Flags

Several red flags indicate that TRADE AIDE LTD might be a scam:

1. Excessive Promises of High Returns: The daily return rates promised (45% to 75%) are unusually high and unrealistic, a common characteristic of fraudulent investment schemes.
2. Lack of Verifiable Regulatory Information: Despite claims of being fully regulated and licensed, TRADE AIDE LTD has no verifiable information or official documentation to confirm its regulatory status. The UK’s Financial Conduct Authority (FCA) has flagged TRADE AIDE LTD as unauthorized, warning potential investors against dealing with them.
3. Anonymous Registration and Privacy Protection: The domain tradeaide.org was registered using privacy protection services from Privacy Protect, LLC, obscuring the registrant’s identity and contact details. This lack of transparency is typical of scam operations to avoid accountability.
4. Contradictory and Inconsistent Information: The website’s claims about regulatory compliance and security measures are vague and inconsistent with verified financial regulatory standards. The absence of concrete details about their licensing and regulatory oversight further exacerbates doubts about their legitimacy.
5. Generic and Fabricated Credentials: The profiles of the management team, including Aundre Mc Ward and others, appear highly fabricated. Any external sources do not corroborate their educational and professional backgrounds, and the profiles seem designed to impress rather than inform.

Tradeaide.org Reviews

TRADE AIDE LTD, operating under tradeaide.org, has garnered significant attention and scrutiny due to numerous reports and reviews indicating fraudulent activity. The company claims to offer high investment returns through advanced AI technology, presenting itself as a sophisticated and regulated financial service provider. However, multiple sources have flagged this entity as suspicious and potentially fraudulent.

According to reviews on Trustpilot, TRADE AIDE LTD has a low trust score of 3.0 out of 5, with 75% of the reviews being 1-star ratings. One user, Zheyeng Cendol, mentioned being “completely tricked through the Discord application inviting me to trade and couldn’t withdraw my profits because there was a withdrawal fee”. Another user, Ruly, labeled the website a “classic scam,” explaining that they were promised multiplied returns on their initial investment but could not withdraw even a small amount of money. Al G. shared a similar experience, describing the situation as “highway robbery” and expressing frustration over the inability to withdraw funds.

ScamAdviser rated app.tradeaide.org with a very low trust score, indicating a high risk of fraud. The website’s algorithm identified several indicators of potential scam activity, reinforcing the concerns raised by individual reviewers. Furthermore, Cybertrace, a cyber investigation firm, listed tradeaide.org in their scam website alert for December 2023, highlighting the platform’s involvement in dubious activities.

The UK’s Financial Conduct Authority (FCA) has explicitly warned against TRADE AIDE LTD, stating that the firm “may be providing or promoting financial services or products without our permission” and advising people to avoid dealing with this company. This lack of authorization from a reputable financial regulatory body is a significant red flag, undermining the firm’s claims of being fully regulated and legitimate.

The Bottom Line Regarding Tradeaide.org

Given the overwhelming evidence and consistent reports of fraudulent activities, it becomes clear that TRADE AIDE LTD, operating under tradeaide.org, is a highly suspicious entity. The numerous accounts of investors’ inability to withdraw their funds and the unrealistic promises of exorbitant returns strongly suggest a well-orchestrated scam. Additionally, the firm’s lack of regulatory authorization and its efforts to obscure the identities of its operators further undermine its credibility.

While TRADE AIDE LTD’s website presents a veneer of professionalism and sophistication, its users’ experiences tell a different story—deceit and financial loss. Repeated warnings from credible sources such as the Financial Conduct Authority and low trust scores from review platforms like Trustpilot and ScamAdviser should not be ignored.

Engaging with TRADE AIDE LTD poses significant risks, and potential investors are strongly advised to avoid this platform. Instead, seeking out well-regulated and transparent investment opportunities is paramount to safeguarding one’s financial well-being. The evidence points decisively towards TRADE AIDE LTD being a scam, and exercising due diligence and caution is the best defense against falling victim to such fraudulent schemes.