Bridgerock AI Review 2024 – Is This Broker Trustworthy?

Bridgerock AI purports to be a cutting-edge trading platform with top analytical tools, best trading conditions, and a transparent business model. However, there are no arguments to support these bold claims. 

With virtually no relevant legal information available, we have strong reason to believe that we are dealing with an anonymous scammer, as was the case with Starlight Capital. Our Bridgerock AI Review has all the answers you need.

Legal Info: Is Bridgerock AI Regulated?

Bridgerock AI is a virtually anonymous website with no information regarding the firm’s legal background and regulatory status. The suspicious Terms and Conditions suggest this business was founded in Belize. Yet, the IFSC authority does not have any data on the broker. 

Operating without a trading license is an alarming breach of laws due to the lack of regulatory oversight. Anybody who decides to invest in such a platform will face the risk of losing their funds under unexplainable circumstances. 

Finding a regulated financial service provider is crucial to protect your funds. We advise you to choose companies that are supervised by top-tier financial authorities, including the FCA (UK), ESMA (Europe), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), JFSA (Japan), MAS (Singapore), and others.

Regulated brokers follow strict guidelines and provide safeguards such as negative balance protection, segregation of client funds in top-tier banks, and compensation plans to mitigate potential losses.

Who Are Bridgerock AI’s Targets?

The creation date of the bridgerock.ai website domain is unknown. We have found out in which areas the broker has been active though. According to our research, the financial swindler has been targeting mainly unwary traders and investors who reside in the following countries:

• United Kingdom;
• Australia;
• Spain.

All three are tightly regulated jurisdictions, known for stern laws and meticulous monitoring of the financial market. Their respective regulators make sure to prevent unauthorized entities from running fraudulent schemes.

One common rule they all have in force is that each financial market participant must obtain the necessary license or permit to operate. Bridgerock AI, as mentioned, has no authorization whatsoever. The broker directly violates regulations by offering leverage higher than allowed in these states (1:30).

Trader Reviews – Sharing Experiences

We found mixed Bridgerock AI reviews on Trustpilot and Sitejabber. Several users claimed they were defrauded by the illicit brokerage firm. All the feedback appeared recently so we suppose the website was created in the last two to three months.

Some of the traders pointed out how they experienced Bridgerock AI withdrawal issues. Digital con artists behind the platform are likely searching for potential victims through various social media platforms and by running shady marketing campaigns. 

Therefore, we strongly advise our readers not to share personal information with anonymous accounts and websites. It is crucial to analyze what users say about a certain provider before rushing in and investing considerable money.

Which Trading Platforms Are Available?

Bridgerock AI, like Invest Ehub, offers a polished yet ineffective web trading platform that supports popular instruments such as Forex currency pairs, indices, commodities, stocks, and cryptocurrencies. Although we managed to access the terminal, we couldn’t trade because there was no demo account option, raising concerns. 

Given the provider’s questionable background, it’s likely that the platform is being manipulated to deceive users by displaying fake profits.

For a more comprehensive and transparent trading experience, we urge you to choose a licensed provider that supports reliable third-party software such as MetaTrader 4, MetaTrader 5, or cTrader.

Bridgerock AI account types

Leverage, Spreads, Commissions, Bonuses

Bridgerock AI’s maximum leverage is limited at 1:200, significantly exceeding the European and Australian cap of 1:30. Trading with such high leverage entails enormous risk, as it may amplify both potential profits and losses, thus increasing the chances of terrible financial setbacks.

The platform displayed a competitive spread for the benchmark EUR/USD currency pair, but we find it suspicious. For such a tight spread, the broker surely charges commissions, which were not disclosed. Fraudulent providers often include hidden fees. 

There is a welcome bonus as well. However, it comes with strings attached; the bonus policy stipulates that the “required volume to be reached in order to withdraw a bonus is calculated by using the bonus amount multiplied times at a rate between 40-50,” which is not a desirable clause.

Deposit and Withdrawal Process

The website listed three payment methods that can be used to fund live trading accounts and withdraw generated profits:

• Credit/debit cards;
• Wire transfers;
• E-wallets.

There is a discrepancy regarding the Bridgerock AI minimum deposit; the Home page says you need only 250 USD to start trading but the lowest account tier costs a whopping 5,000 USD! Given the fraudulent aspects of this platform we have outlined thus far, withdrawal issues seem inevitable, meaning victims should consider potential fund recovery methods.

For funds deposited through MasterCard or VISA credit/debit cards, users have the option to request a refund through a chargeback at the issuing bank within 540 days. For wires, initiating a recall is a potential solution, but its success depends on whether the transaction is complete.

Key Facts To Consider About Bridgerock AI

Bridgerock AI is an anonymous website pretending to be a legitimate Forex trading platform. The main targets of this scheme are British, Australian, and Spanish traders. We do not recommend this platform mainly because it is not regulated or authorized by a financial authority. 

In case you have lost money to the Bridgerock AI scam, you must seek our professional help to recover your funds! A chargeback is your best option.

Use the form below to book your free consultation with Scam Brokers Reviews and tell us more about your case. Our team will gladly guide you through the fund recovery process and assist you every step of the way.

Book your free consultation here and start the chargeback process.

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