- Limited to a few currencies only.
- Unverified testimonials.
- Uses a risky grid trading strategy.
84.97% of retail CFD accounts lose money
Perceptrader AI Review 2024
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In This Guide
Perceptrader AI EA Review: Why You Should Avoid This Auto-Trading Bot
Perceptrader AI EA claims to be an advanced AI-driven trading robot for the MetaTrader 4 and MetaTrader 5 platforms. It promotes itself as a tool that uses artificial intelligence, machine learning, and neural networks to provide profitable trades. However, despite these enticing features, there are serious concerns surrounding the legitimacy of the platform. Below, we’ll dive into why Perceptrader AI EA is not a safe choice for traders and why it should be avoided.
Why Perceptrader AI Is Not Genuine
Here’s why Perceptrader AI EA raises several red flags:
Unverified Success Claims: Like many other scam platforms, Perceptrader AI claims to have impressive performance results and high profitability, but there is no independent verification of these claims. While it showcases backtested results, these tests can easily be manipulated or over-optimized to create the illusion of profitability.
Unregulated Brokers: Users who sign up for Perceptrader AI are often connected to unregulated brokers, which means their funds are not protected. These brokers may operate in jurisdictions with little oversight, and users risk losing their deposits without any legal recourse.
Aggressive Sales Tactics: Many users report being pressured to invest more money after registering on the platform. This is a classic scam technique, where users are encouraged to continue depositing funds under the false promise of increased profits.
No Transparent Trading Strategy: Perceptrader AI claims to use AI and neural networks for trading, but it doesn’t provide any verifiable information about the algorithms or trading strategies it employs. This lack of transparency is a common trait of scam platforms that rely on sophisticated jargon to confuse potential investors.
Perceptrader AI Scam: Warning Signs
Perceptrader AI displays several warning signs typical of scam platforms:
Misleading Marketing: The platform makes bold promises of consistent profits and low risk, but real users often experience significant losses. Legitimate trading platforms are transparent about their risks, but Perceptrader AI glosses over them.
Withdrawal Issues: Like many other fraudulent bots, users report difficulty withdrawing their funds from Perceptrader AI. Scam platforms often make it easy to deposit money but create numerous hurdles when users try to withdraw profits, keeping them trapped in the system.
High License Fees: The platform charges a one-time fee of $1440, which is significantly higher than most legitimate trading bots. Scam platforms often charge high fees upfront to make as much money as possible before users realize they are being deceived.
Perceptrader AI Myfxbook Results: Are They Trustworthy?
Perceptrader AI showcases supposed verified results through Myfxbook, but these results should be approached with skepticism. Scam platforms frequently manipulate or fabricate data to present a misleading picture of their performance. The success shown on Myfxbook does not necessarily reflect real-world trading conditions, and users have reported significant differences between the platform’s claimed success and actual performance.
How Does Perceptrader AI Work?
Perceptrader AI claims to automate the trading process by analyzing market data using neural networks and machine learning to identify profitable trades. However, there is no clear explanation of how its algorithms function, and the platform offers little in terms of transparency. Legitimate platforms usually provide detailed information on how their algorithms work, but Perceptrader AI keeps this information vague, making it difficult to verify its performance.
Perceptrader AI Fees and Costs
Perceptrader AI charges a one-time license fee of $1440, which is considerably higher than other platforms. While it claims there are no monthly fees, the high upfront cost raises concerns. Legitimate platforms typically offer free trials or more affordable pricing options, while scam platforms aim to extract as much money as possible from users before they realize they’ve been deceived.
Perceptrader AI Demo Account: Is It Reliable?
The platform offers a demo account to test its trading capabilities. However, it’s important to note that demo results may not reflect real-world trading conditions. Scammers often design demo accounts to show unrealistic gains, luring users into thinking the platform is more profitable than it actually is when using real money.
Perceptrader AI vs. Legitimate Trading Bots
When comparing Perceptrader AI to legitimate trading platforms like eToro or Plus500, it becomes clear that Perceptrader AI lacks the transparency and regulation needed for a trustworthy platform. Legitimate platforms operate under strict regulations, provide detailed information about their trading strategies, and offer customer support that scam platforms like Perceptrader AI simply cannot match.
Perceptrader AI Withdrawal Problems
One of the most common complaints about Perceptrader AI is the difficulty users face when trying to withdraw their funds. The platform often delays or ignores withdrawal requests, leaving users unable to recover their investments. This is a hallmark of scam platforms, and traders should be extremely cautious about depositing money into such systems.
FAQs
No, Perceptrader AI raises significant concerns about its legitimacy. It uses misleading marketing, unregulated brokers, and users frequently report difficulties in withdrawing funds.
The platform charges a one-time license fee of $1440, which is significantly higher than many other trading bots. This high fee, combined with the lack of transparency, makes the platform suspicious.
Many users have reported difficulties in withdrawing their funds. The platform often delays or ignores withdrawal requests, which is a major red flag.
Yes, users can adjust various settings such as risk parameters, trading hours, and filters for trends or volatility.
While the platform offers a demo account, users should be cautious as demo results often do not reflect real-world trading conditions. Scam platforms use demo accounts to give a false sense of profitability.
No, Perceptrader AI is not considered safe due to its lack of transparency, unverified success claims, and association with unregulated brokers.
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