Broker Review

Unauthorised Platform Details

Name: Tradespenseaiapp
Website: tradespenseaiapp.net

TradeSpense AI (tradespenseaiapp.net) has recently raised red flags due to warnings issued by FCA and recent scam reports. On 24th July of 2025, The FCA (Financial Conduct Authority) in a warning article on their website clearly mentioned “This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.” These warnings raise serious concerns about the TradeSpense AI’s regulation status.

TradeSpense AI doesn’t provide any Address or Phone Number. TradeSpense AI is running huge quantity of ads targeting the people of UNITED KINGDOM, but all firms operating in the UK must get authorization from FCA. Which is raise huge suspicion and means TradeSpense AI operating as an unauthorized financial entity.

Upon further investigation we also found that the domain tradespenseaiapp.net registered on 2nd May of 2025 only for a year. Also noticeable fact is that the company is using masked information for the Domain Registration. A valid company shouldn’t have any issue posting their genuine information. We also got several reports of fraudulent activities throughout our investigation and there are also reports about their scam on verified reviews websites.