Deposited $1000, made one withdrawl, which was successful, built the pot to $10k and it disappeared. Bunch of crooks and should be in jail.
Vi bekrefter ikke spesifikke uttalelser siden en forfatters mening er hens egen, men vi kan merke en anmeldelse som "bekreftet" når vi kan bekrefte at det har vært kontakt med virksomheten. Mer informasjon
For å beskytte plattformens integritet vil alle anmeldelser på plattformen—bekreftet eller ikke—bli undersøkt av vår automatiserte programvare (tilgjengelig hele døgnet). Denne teknologien er designet til å identifisere og fjerne innhold som bryter med retningslinjene våre, deriblant anmeldelser som ikke er basert på en faktisk erfaring. Vi vet at vi ikke kan fange opp alt. Hvis du tror at vi har gått glipp av noe, kan du rapportere det. Mer informasjon
Se hva andre synes
RiotXAI has truly impressed me with its advanced AI and seamless trading experience. I’ve seen steady profits, and the platform is very easy to use. Special shoutout to Nicole from customer support—sh... Vis mer
Wasted loads of time looking at this company. They purport to be featured in Forbes - but its just a PR piece that Forbes has published. The UK entity has only been formed 2 months ago, has on... Vis mer
Selskapet har svart
This may change. After making a couple of successful withdrawals I encountered issues. Now, after suspension, I'm just waiting for my third withdrawal. I'm going by their withdrawal plan to the te... Vis mer
1,7
Dårlig
139 anmeldelser
Ingen tidligere historie av å be om anmeldelser
Denne virksomheten har ikke oppfordret kundene i det siste, og anmeldelser er derfor kanskje ikke representative
Har ikke svart på negative anmeldelser
Slik bruker virksomheten Trustpilot
Se hvordan anmeldelsene og vurderingene deres innhentes, vurderes og modereres.
Platform Overview and Concerns
Platform Overview and Concerns
RIOTXAI presents itself as a promising trading platform with advanced AI-driven algorithms, offering users the ability to trade cryptocurrencies, Forex, and stocks with speed and efficiency. While the platform’s user interface and features appear robust and sophisticated, several underlying concerns warrant careful consideration before investing.
Harsh Terms and Conditions
One of the first red flags is RIOTXAI's Terms and Conditions, which explicitly state that the platform does not take responsibility for any trading losses. While this is common in trading platforms, it could also be a way to disclaim liability in case of significant user losses. RIOTXAI claims that they do not hold customer funds because the money is directly on the exchanges. However, for an algorithm to execute trades, access to actual funds in various cryptocurrencies and fiat is necessary. The question arises: Will RIOTXAI show users the specific wallets they use upon request?
Potential for Fraudulent Practices
Although RIOTXAI claims not to hold customer funds directly, the reliance on a plugin for trading introduces a potential risk. If the platform or plugin were to shut down unexpectedly, users might find themselves unable to access their funds. This structure bears resemblance to past trading platforms that operated similarly, allowing deposits and withdrawals to build trust until a critical mass of users and funds was reached. At that point, they disappeared with millions of dollars, leaving investors with no recourse. The transparency RIOTXAI claims, such as showing trades with unique reference numbers, needs to extend further. Providing unique reference numbers for each trade on every exchange and currency pair would allow users to verify that trades are genuinely taking place.
Transparency and Verification
A key aspect that would help RIOTXAI prove its legitimacy is transparency. The platform should be willing to provide verifiable information about wallet addresses used for trading and transaction IDs for each trade. This would allow users to independently verify that trades are occurring on real exchanges and not just simulated on a web interface. Without such transparency, simply reflecting current market prices through an API connection does not confirm that actual trades are being executed. Many pyramid schemes have used this method to give the illusion of trading activity without real transactions taking place.
Regulatory Position and User Responsibility
RIOTXAI claims that it merely provides a tool for trading and, therefore, does not need to be regulated as a financial entity. While this could be technically accurate, it raises concerns about the level of security and oversight in place. Regulation is crucial because it ensures that platforms adhere to financial standards, protect user funds, and operate with accountability. The lack of regulation does not necessarily mean the platform is a scam, but it places a greater responsibility on users to conduct thorough due diligence. Given RIOTXAI’s recent registration and claims of affiliation with RIOT Capital in Singapore, users should take steps to verify these associations. Contacting RIOT Capital directly and checking with the exchanges RIOTXAI claims to use could provide clarity.
Comparison with Past Scams
Several past examples, such as Bitconnect and PlusToken, followed a similar pattern: they offered high returns, allowed deposits and withdrawals initially, and then shut down, taking user funds with them. The pattern of claiming to be transparent while providing limited verifiable information is a known strategy to build trust before a scam is executed.
Conclusion and Caution
While RIOTXAI may offer sophisticated trading tools and AI-driven strategies, potential users should approach with caution. The platform should be more transparent about its operations, provide verifiable trading information, and adhere to regulatory standards. Users are advised to start with small investments, test withdrawal processes early, and avoid depositing more than they can afford to lose. Ultimately, the burden of proof lies with RIOTXAI to demonstrate that it is not operating as a pyramid scheme, and prospective investors should exercise due diligence before committing funds.
1. september 2024
Anmeldelse skrevet uten oppfordring
Svar fra riotxai.com
Dear Jake,
Thank you for your feedback. We appreciate your concerns and would like to address them directly.
Transparency & Security:
RiotXAI does not hold customer funds directly; instead, funds remain on exchanges to enhance security. Every trade is verifiable with unique reference numbers and trade IDs. We’re also working on additional features to provide even more visibility into trades.
Regulation:
RiotXAI operates as a software company, and current regulations do not require us to hold a financial license. We comply fully with legal requirements in the UK and Singapore, ensuring our operations are both legitimate and secure.
User Support:
While trading carries risks, we provide tools and support to help users make informed decisions. Our customer support team is available 24/7 to assist with any questions.
RiotXAI is dedicated to building trust through transparency and compliance. We’re here to provide any additional information you may need.
Best regards,
The RiotXAI Team
Good Experience So Far
RiotXAI has a lot to offer, especially for someone like me who’s new to trading. The $250 voucher was a great start, and I appreciated that I could trade without any deposit. My only gripe is that I wish the interface was a bit more intuitive. Other than that, it's been a good experience.
8. august 2024
RiotXAI has been a game-changer for me
RiotXAI has been a game-changer for me. The AI is incredibly accurate, and the returns are great. I had a few concerns initially, but Nicole was so patient and helpful in guiding me through everything. Fantastic support and a solid platform!
30. juli 2024
RiotXAI is the real deal
RiotXAI is the real deal. The AI does all the heavy lifting, and I’m seeing daily returns without much effort on my part. Jackson from customer service went above and beyond to assist me with setting up my account. Excellent platform and support!
23. juli 2024
RiotXAI has truly impressed me with its…
RiotXAI has truly impressed me with its advanced AI and seamless trading experience. I’ve seen steady profits, and the platform is very easy to use. Special shoutout to Nicole from customer support—she was incredibly helpful and made the whole process smooth. Highly recommended!
18. juli 2024
They are not certified or approved to…
They are not certified or approved to trade in the UK by FCA, not on their website register. No one can make money in seconds by pressing "Trade" button, they do not use any proper system. AI can noot open and close trading in minutes! SCAM ALERT!
15. august 2024
Anmeldelse skrevet uten oppfordring
Svar fra riotxai.com
Hey Liana,
Thank you for your feedback. We take all concerns seriously and would like to clarify a few points:
RiotXAI operates under the legal frameworks of the regions where we are established. As we do not hold user funds directly—these go straight into the exchanges—we do not require an FCA license. We are a software company providing advanced AI-driven trading tools to our users. Rest assured, we adhere to strict compliance standards and are committed to transparency in all our operations.
Our AI-driven platform is designed to execute trades efficiently by identifying arbitrage opportunities across multiple exchanges. The process is automated, allowing trades to be completed quickly, often within seconds, depending on market conditions. All prices on our platform are fully transparent and can be matched with real-time market prices. Our AI technology is advanced and operates on a next level, enabling it to make swift, accurate decisions that benefit our users. We understand that this approach may seem unconventional, but it is rooted in cutting-edge technology developed in collaboration with leading research institutions.
We strive to provide a reliable and effective platform for our users. Our system has been tested and refined to ensure it operates as intended, and many of our users have reported positive experiences and consistent returns.
We invite you to reach out to our support team for any further questions or concerns. We're here to help and provide any additional information you may need.
Best regards,
The RiotXAI Team
The platform is easy to use
The platform is easy to use, and the AI does a good job. I started with the $250 voucher, and everything went smoothly. I’ve seen good returns so far. The only downside is the withdrawal fee, but it’s manageable.
24. juli 2024
Wasted loads of time looking at this…
Wasted loads of time looking at this company.
They purport to be featured in Forbes - but its just a PR piece that Forbes has published.
The UK entity has only been formed 2 months ago, has only a single share issued, a single director, and is registered at a room in student apartments - hardly the professional outfit they appear to be.
The 5* reviews on here for a company and website which have only been running for a couple of months should fool nobody. Scam-Detector is high!
12. august 2024
Anmeldelse skrevet uten oppfordring
Svar fra riotxai.com
Hey James,
Thank you for your feedback. We’d like to clarify a few points:
1. Forbes Feature: Our feature on Forbes is indeed a PR piece, but it reflects the progress and innovations we’ve made in AI-driven trading. We’re proud of the recognition, and it’s just one step in our journey as a growing company.
2. UK Entity: Our UK entity was recently established as part of our expansion into new markets. Like many startups, we are beginning small but have big ambitions. The registration details you mentioned are standard for companies at our stage, and we’re working to build a strong presence in the UK.
3. 5-Star Reviews: We value the trust our users have placed in us and appreciate their feedback. Our platform is designed to offer value from day one, and we’re thrilled that many users are already seeing the benefits. However, we understand the importance of transparency and encourage potential users to research and reach out with any questions.
4. Scam Concerns: We take these concerns very seriously. RiotXAI is committed to operating with integrity and transparency. We invite you to explore our Privacy Policy and Terms and Conditions to better understand our operations.
We’re here to answer any questions you may have and appreciate your input as we continue to grow and improve.
Best regards,
The RiotXAI Team
No GDPR regulations
No GDPR regulations, cookies or info about how they will handle our info. They are not regulated by anyone in UK, EU nor Singapore.
No right to delete the account at anytime, and what type of support by Whatsapp or Telegram a serious company does?
No contact email or ticketing service anywhere.
No financial institution gave them any authorization to perform crypto trading or anything like that.
12. august 2024
Anmeldelse skrevet uten oppfordring
Svar fra riotxai.com
Hey Sebastian,
Thank you for your feedback. We want to address the concerns you’ve raised.
RiotXAI is committed to protecting user data and fully complies with GDPR and other privacy regulations. You can review our Privacy Policy for detailed information. https://www.riotxai.com/privacy-policy
We respect our users’ rights to manage their accounts, including the option to delete them at any time. If you need assistance with this, our support team is ready to help.
We offer support through WhatsApp and Telegram to provide quick, real-time assistance. Additionally, we have email and ticketing services available for more detailed inquiries.
For more details, please refer to our Terms and Conditions here - https://www.riotxai.com/terms-and-conditions. We appreciate your feedback and are here to help with any further questions.
Best regards,
The RiotXAI Team
RiotXAI is a game-changer in the crypto…
RiotXAI is a game-changer in the crypto trading world. The AI trading system is efficient and accurate, helping me capitalize on arbitrage opportunities. The support team is always available and helpful. I’m thrilled with the results.
10. juli 2024
Svar fra riotxai.com
Hey Benjamin,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
RiotXAI offers an innovative trading…
RiotXAI offers an innovative trading platform that delivers results. The AI does a superb job identifying profitable trades. The onboarding process was smooth, and the free $250 voucher was a nice bonus. I’m very satisfied with my experience so far.
18. juli 2024
Svar fra riotxai.com
Hey Emma,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
RiotXAI has completely changed my…
RiotXAI has completely changed my trading game. The AI-driven platform is incredibly user-friendly, and I saw significant profits within my first week. The customer support is also top-notch, always ready to help with any queries. Highly recommend!
12. juli 2024
Svar fra riotxai.com
Hey Lucas,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
I have been using RiotXAI's trading…
I have been using RiotXAI's trading platform for about two to three weeks and am incredibly impressed with both the returns it provides and the exceptional customer service. I have tried several similar services online with mixed results. What really sets RiotXAI apart is its open, honest, and inclusive style that makes me feel comfortable using their services. They always take the time to answer questions.
23. juli 2024
Svar fra riotxai.com
Hey Maeve,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
Excellent platform to trade
Excellent platform to trade, so easy it almost doesn't seem real. The proof is the withdrawal of funds, this was straight forward, not instantly but 2-3 days (as advertised) very happy when it arrived in crypto wallet. As for customer care, can't thank Charles enough, very professional, great advice, always helpful and supportive. I wish this technology had been invented yrs ago.
4. august 2024
Anmeldelse skrevet uten oppfordring
Svar fra riotxai.com
Hey Andy,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
They said 250 voucher on the advert…
They said 250 voucher on the advert when registered they gave me 50$ which they took away after 3 days and expecting me to deposit money. When we don't even know if they will allow withdrawals once we put money in. Sounds like the ITP APP. NEED MORE CLARITY. And who regulates Riotxai?! The advert is misleading.
3. august 2024
Anmeldelse skrevet uten oppfordring
Svar fra riotxai.com
Dear Mohammed Farok,
Thank you for bringing this to our attention. We sincerely apologize for any confusion or frustration you experienced with our $250 voucher offer. We value transparency and customer satisfaction, and your feedback is essential in helping us improve.
To clarify, the $250 voucher is designed to be used in increments of $50 over several trades within a 3-day period. This approach ensures that our users can experience multiple trading opportunities. We understand this may not have been clearly communicated, and we will work on making this information more explicit in our advertisements and sign-up process.
Regarding your concern about withdrawals, we want to assure you that RiotXAI is committed to providing a reliable and trustworthy trading platform. Our company is regulated and adheres to strict compliance standards to ensure the safety and security of our users’ funds. We are licensed and registered under the regulatory authorities in Singapore, and our UK company number is 15795451.
We understand the importance of trust, especially when it comes to financial transactions. If you have any further concerns or need assistance with your account, please do not hesitate to contact our customer service team. We are here to help and ensure you have a positive experience with RiotXAI.
Thank you for giving us the opportunity to address your concerns. We appreciate your patience and hope to regain your trust.
I’ve been using RiotXAI for a few…
I’ve been using RiotXAI for a few months now, and the returns have been consistently good. The platform is user-friendly, and the customer service is excellent. Definitely worth trying!
11. juli 2024
Svar fra riotxai.com
Hey Eliana,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
Wow....
Wow! RiotXAI rocks! Super easy to use and the support team is the best. Definitely recommend!
19. juni 2024
Svar fra riotxai.com
Hey Michael,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
Wasn’t sure at first
Wasn’t sure at first, but RiotXAI is great. Easy to use and the team is super helpful
4. juli 2024
Svar fra riotxai.com
Hey Ethan,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
Loving RiotXAI
Loving RiotXAI. The platform is super simple and the support team is quick to help out
11. juni 2024
Svar fra riotxai.com
Hey William,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
I’ve been using RiotXAI for a couple of…
I’ve been using RiotXAI for a couple of months now, and I’m really impressed. Their support team is always on point.
4. juli 2024
Svar fra riotxai.com
Hey Janice,
Thank you so much for your kind words and positive review! We’re thrilled to hear that you had a great experience with RiotXAI. Your satisfaction is our top priority, and we’re glad to know our efforts are making a difference. If you have any further questions or need assistance, please don’t hesitate to reach out.
Dette er Trustpilot
Alle kan gi tilbakemelding på Trustpilot. De som skriver en anmeldelse, har rett til når som helst å redigere og slette den. Enhver publiserte anmeldelse er synlig så lenge en tilknyttet konto er aktiv.
Vi har et eget team og smart teknologi som beskytter plattformen vår. Finn ut hvordan vi motvirker falske anmeldelser.
Lær om anmeldelsesprosessen på Trustpilot.
Verifisering kan bidra til å sørge for at anmeldelsene du leser på Trustpilot, er skrevet av faktiske personer.
Det kan gi en skjev TrustScore å tilby belønning for eller be bare enkelte kunder om å skrive en anmeldelse, og dette går imot retningslinjene våre.