Vantapeak is some sort of AI based trading signal generator. The exact way they work is not explained in detail on their platform. Clearly, they provide services that require financial regulation, but as expected, they haven’t showcased any.
Australian authorities have issued a warning against them and that is not something anyone should take lightly. Even their official website lacks information and transparency is scarce. Continue reading to know more about other alarming concerns we found.
Vantapeak Explained
We live in an era wherein AI is the buzz word and it is getting integrated with finance in an aggressive manner. This platform claims to give actionable analysis by analysing the markets to the investors depending upon few custom parameters. While their explanation sounds like a dream come true situation, the lack of clarity is overwhelming.
For starters, we don’t know how it functions or which indicators mainly drive the decision making process. Moreover, there is no audited track record published by them.
Support
For a platform that talks a lot about AI, we expected them to give top notch customer support. Sadly, we were disappointed to find out that they interact with people via email and telegram. Isn’t it a concerning point?
Email – support@vantapeak.net
Address – 27/150 Dean Street Strath field South NSW 2136 Australia
Is Vantapeak Scam or Trustworthy?
Vantapeak appears to be a scam. They are unregulated and possibly operating illegally as well. Payment options are not shared, terms and conditions are vague.
Plus, social proof is missing as well. Slapping the AI label or creating narratives using it to entice the people appears to be a common tactic employed by a lot of firms. However, without adequate verifiable data, we shouldn’t stray away from the path of making rational decisions.
Conclusion
Trading or investing in any asset is a risky venture by nature. So, any auxiliary service you can employ to enhance your odds has to be thoroughly vetted or else it will end badly. Lastly, never shy away from taking help from licensed financial advisers.
