AlphaSoft.ai is an online trading broker owned by AlphaSoft.Ai and located at Brandschenkestrasse 5, 8001, Zurich, Switzerland.
They can be contacted by phone number at +41225087771 or by email at [email protected]
Their website can be found at : alphasoft.ai
The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums.
After conducting some research on various social media platforms (Facebook, Twitter, Instagram), as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with AlphaSoft.ai. Based on this user feedback, it appears that AlphaSoft.ai is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform.
There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances.
Is AlphaSoft.ai Legit or a Scam?
When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if AlphaSoft.ai is an offshore and/or unregulated entity.
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction. Some examples of regulatory authorities that issue brokerage licenses are:
- The Cyprus Securities and Exchange Commission (CySEC)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
How Online Trading Scams Work?
One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.
Once the brokerage believes that they have extracted all available funds from an investor and his/her network, they will then proceed to suspend the account, and the investor will no longer be able to access the funds put in.
Many fraudulent firms will even claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online.
More info about trading scams:
Got Scammed by AlphaSoft.ai?
If you have lost money with AlphaSoft.ai, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
Chargeback Is Your Solution!
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars.
Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
After filling out the form above, and validating your eligibility for their programs, MyChargeBack will help you build a solid case to regain your funds as soon as possible.
Approx. 6 weeks ago I invested 250 euros with Alphasoft.ai. With the assistance of their account manager Benjamin Ross, after approx. 4 weeks I decided to test them and with the account managers help was able to withdraw 50 euros (profit) . maximum back to my bank via COINBASE.COM. Money was in my bank account next day. Coinbases fee is 4%
At that time my a/c manager suggested that I should be looking at investing 5000 or even 1000O so that I can enjoy a higher level of income.
Trades to date have been set up by Benjamin. ratio is 1/10. ie 25 per trade. Max. profit 250. with a stop loss of 25.
I advised him that I would not be investing any more until I reached a profit level of 250 euros.
Between yesterday and today ( after 6 weeks trading ) my account showed a profit of 120. Once again I was able to make a withdrawal via coinbase. In this case 100 euros. Coinbase paid £83 into my bank account today 7th March.
Alphasoft ai has an intrinsic method of withdrawal on their website that should allow me to withdraw sums directly to my bank but having attempted this they advise that my card is not recognized which is surprising since my 250 euro deposit was made with my debit card
I have asked Benjamin to sort this out. He says he will contact the finance dept. and get it sorted. He advises that this direct method could take up 14 days for a withdrawal to arrive in my bank account. He has another scheduled tele. appointment with me at 7 pm this evening.
Your response to the above would be greatly appreciated . My gut feeling is that the ‘JURY HERE IS STILL OUT’