The ten questions
Tick a box only when you have checked the answer yourself. Nothing you tick leaves this page.
0/10Nothing ticked yet.
Stop if you see these
- Promises of fixed returnsNo honest seller can promise what a market will pay.
- A record with no bad daysPerfect win rates belong to sales pages, not to markets.
- "No experience needed"Said to bring you in quickly, not because trading got simple.
- A bonus for bringing friendsWhen recruiting pays, ask where the money is really coming from.
- A fee to get your own money outStop paying. A new "release" fee is often the last step of a scam.
- A stranger who wants to helpBe wary of people you met online and influencers with a link.
- A request for your recovery phraseNobody needs it. Whoever has it has your coins.
What the regulator says
The US Commodity Futures Trading Commission (CFTC) has published a customer advisory on exactly this. In our own words:
- Fraudsters use the public's interest in AI to sell trading bots and signal services on claims of very high returns.
- AI cannot predict the future or a sudden change in a market.
- Before you trust a platform, look into who is behind it and how old its website is, get a second opinion, and think through the risks and what fees and spreads would do.
Read it at the source: "AI Won't Turn Trading Bots into Money Machines", CFTC.
If you already paid
- Stop sending money, whatever fee you are told is the last one.
- Delete any exchange keys you gave it.
- Keep everything: messages, addresses, screenshots, dates.
- Report it. In the US, the CFTC takes reports of fraud. Elsewhere, start with your own financial regulator.