Warning: Is Trade101 a Scam?

Investigation: Trade101 (trade101.ai)

Our experts urge you to steer clear of Trade101 (trade101.ai).

We found that the support email is support@trade101.ai.

Trade101 claims to be a trading provider, but it appears currently illegal by any credible authority, like the ASIC or CySEC.

Victim of Trade101?

Are you struggling to withdraw your funds from Trade101? Submit the form below to speak with our investigative team for a free assessment.

Is Trade101 Legit?

The biggest red flag is that Trade101 (trade101.ai) is unauthorized from a credible authority.

Investing with unregulated entities is extremely dangerous. Trusted firms are always authorized with bodies like the SEC, ASIC, or FCA for your protection.

Trade101 lacks this supervision. As a result, there is no legal recourse if they withhold your money. Many online scams use unregulated actors, and getting back funds from them is difficult without expert help.

For example, in Europe, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not members of SIPC, meaning your capital is at risk.

Common Scam Tactics

Online trading fraud is evolving. Scammers use manipulation to take wealth. Here are common methods seen in brokers like Trade101 (trade101.ai).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They build a romance on social media. Once trust is built, they mention a special investment. It is a lie to lure you onto a scam site .

The "Bonus" Trap

Fraudsters build websites that look exactly like legit trading apps. You see graphs and profits that increase. But it is a fake. The scammer controls the numbers to make you feel rich to deposit more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• No License: The firm has no authorization.
• Guaranteed Profits: They promise huge profits or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" first.
• Aggressive Sales: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Scammers often write their own positive reviews to appear real.

Final Thoughts

We advise against Trade101. It appears to be a fraud. Save your funds and find a regulated broker. Avoid trade101.ai at all costs.