WestiQuant AI Scam Warning: AI Signal Platform, BCSC Alert

WestiQuant AI presents itself as market intelligence "built with Canadian investors in mind": the system watches the markets around the clock, produces signals and opens trades itself according to account settings. At the centre of the promise is that the investor earns without doing anything.
🔍 What the Website Says
westiquant.com was registered in June 2026 and is still online. The page lists headings such as "continuous monitoring", "multi-market analysis" and "risk-aware signal"; every section leads the visitor to an account-opening form. Automated trading is said to run through "supported account providers", but who these providers are is not stated; there is also no operating company, licence number or address.
🚩 Why Is the Automated Signal a Trap?
In schemes of this kind an adviser calls the person who opened an account, asks for an initial deposit so that the system can run, and enlarges the amount by showing gains on the panel. When a withdrawal is requested, a new payment appears under the name of a "signal licence" or an "account upgrade". SPK Decision No. 5/173 warns investors against unauthorised investment guidance over the internet.
🔗 Schemes Using the Same Promise
- Cyber Smart Solutions: CFDs with AI signalsTR
- Ultrabrokers: an AI bot and forexTR
- BotProfitAI: a share-trading bot schemeTR
- Faena Fondorio: AI trading
🧭 The Legal Process
A victim may take part in the criminal case as an intervening partyTR, while the chain of accounts the money was transferred to is examined for a money-laundering linkTR. For detailed information and legal support, you can contact Savun Law & Consultancy.
❓ Frequently Asked Questions
Does WestiQuant AI operate only in Canada?
What does the absence of company details on the site mean?
Does switching off the automated trading setting protect the money?
I invested with WestiQuant AI. What can be done?

Questions & answers · Istanbul Bar Association 75235
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This page is an English adaptation of our Turkish article WestiQuant AI (westiquant.com) Kanada Odaklı Yapay Zekâ Sinyal Dolandırıcılığı.
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