Honest Review of AppleAiBot:Making Clients Go Bankrupt!!!

AppleAIBot claims to be a marketplace for cryptocurrencies, forex, indices, and other financial services. Scamadviser shows that the www.appleaibot.com domain was only registered in November 2023, hence no track record yet. Welcome to my honest review of the broker!

An image for honest review of AppleAiBot.

Before diving into my honest review of AppleAiBot, here’s the company summary according to www.appleaibot.com:

Honest Review of AppleAiBot: Why It’s a Scam

1. Website Contains False Information

First and foremost, the AppleAIBot website(www.happleaibot.com) contains false information. The lies include copy trading availability, negative balance protection, savings account availability, leverages, and spreads as shown in the table above. 

As a self-taught cyber crime investigator, I discovered that the above features do not exist on the AppleAIBot platform. It’s safe to say this whole thing is a scam.

2. Company Has a Misleading Name

There’s a difference between Apple Bot and Apple AI Bot. Apple Bot is Apple’s web crawler. AppleAiBot, on the other hand, is a supposed financial services broker. As I mentioned in my “Argus Capital Review: Every Forex God Will Warn You To Avoid It,” scammers may sometimes copy or coin names similar to those of existing legitimate companies. The plan is to make you think that AppleAIBot is associated with Apple Inc., one of the most successful companies in the world.

3. High Minimum Deposit

Another surefire sign that AppleAIBot is a scam is the high minimum deposit that ranges between $5000 and $250,000, depending on the account type. As I mentioned in the blog post titled ”Forex Factory and Other Strategies To Defeat FX Scammers,” under “Know a Few Things Before You Jump Into Trade”, real brokers will not impose a high minimum deposit. Unlike scam brokers such as Blue Stars FX, they will require you to pay a reasonable amount(e.g. 250 dollars or so). 

4. No Demo Trading

Like SwiftTrading, AppleAIBot does not feature Demo Trading. As a self-taught cyber crime investigator, I’ve established that SwiftTrading is a scam broker. This means AppleAIBot is also a scam broker because both brokers use a common tactic—not allowing for demo trading. 

By the way, many such brokers avoid offering this type of trading where you simulate real-time trading without using real money because;

• Their exchanges may not reflect market conditions accurately. What’s more, demo trading may reveal inconsistencies, fraudulent practices, and a lack of authenticity. This can cause clients to lose trust and back away. 

5. No License Or Regulation

The FCA is in charge of all brokers within the United Kingdom. Since AppleAIBot claims London as its registered address, I expected it to show up on the FCA website, under “Regulated Firms,” upon search. But it did not, meaning it wasn’t registered with the regulator at the time of writing this blog post. It doesn’t even appear on FCA’s list of unregistered brokers. This means AppleAIBot is not even an entity with a physical address somewhere in the UK. Instead, it’s just a website that someone created to con investors in the name of a broker. 

6. Honest Review Or Dishonest Review On Trustpilot?

Trustpilot rated AppleAIBot with an average of 4.2 stars from 8 customer reviews. Strangely enough, of these 8 reviews, only one gives AppleAIBot 4 stars. The remaining AppleAIBot reviews give it 5 stars. Honest reviews or paid reviews? An article on LinkedIn, talked about how Trustpilot runs fake reviews. 

7. Honest Review and Warnings On Scamadviser

Unlike Trustpilot, Scamadviser has given this broker the lowest trust rating(1/100), warning clients to be careful. Furthermore, it points out, under “Negative Highlights,” that the registrar of this website is popular amongst scammers, and so on. It also warns that this website seems to be hosted by a shady service provider. It also points out that the server of the site has several low-reviewed other websites and that the website seems for sale at this time.

8. Suspicious Facebook Pages

Notably, AppleAIBot has 2 Facebook pages; one with 1.1k followers and the other one, with 0 followers. It appears that the broker created these pages just recently as none of them has a significant number of posts. The one with 1.1k followers has only 4 posts none of which has a single comment. The second page, on the other hand, has just 1 post, again, with 0 comments. It leaves you wondering as to why the followers aren’t active. Or maybe it’s a case of having false followers, which is typical with many scam brokers including Imtoken. 

9. No Reddit Mentions

I could not find AppleAiBot on Reddit. What does that mean? It means the platform is still new to the market, and not so many people, including Reddit users, have tried it. If not, it could also mean that the company has blocked mentions on the social media platform. Don’t forget that sometimes a company may choose to block mentions on social media to avoid negative customer feedback, which may ruin its reputation. This is especially true for scammers. 

10. Zero LinkedIn Mentions

Similarly, AppleAiBot does not appear on LinkedIn for the same reasons above. For this and other like-minded scammers, it is all about minimizing their social media presence and digital footprints in general to avoid scrutiny, which could expose them to unsuspecting customers. 

Honest Review of AppleAiBot: My Final Verdict

Though it might look like a legitimate company, thanks to its well-designed landing page characterized by high-quality information, the reality is that AppleAiBot is a scam. The website is full of non–factual information. Apart from that, this broker claims to be operating in London, UK. Yet they aren’t registered or regulated by the FCA. All that can only mean one thing: scam! These plus all the other evidence I tabled above suggest beyond any reasonable doubt that AppleAiBot is a fraudulent scheme designed to steal your money in the name of forex, crypto, stock, commodity, or indices trading. Please stay away from this platform to protect your hard-earned money.  Thank you for reading this honest review of AppleAiBot. Keep staying informed.

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