What is happening
On 12 October 2026 the FCA added Pilotrade AI, using the website pilottradeai.com, to its warning list. It says the firm may be offering or promoting financial services without permission. If you deal with it, you cannot complain to the Financial Ombudsman Service and you are not covered by the Financial Services Compensation Scheme.
The warning signs
- An investment firm you have never heard of contacts you out of the blue
- The firm is not listed on the FCA Firm Checker
- Contact details that change, or that seem to belong to another business
What to do
- Check the firm on the FCA Firm Checker and the FCA Warning List before you invest
- If you are contacted unexpectedly, reply only using the contact details shown on the Firm Checker
- If you think you have been approached, call the FCA on 0800 111 6768
- If you have sent money, tell your bank straight away
Already paid or shared your details?
- Call your bank straight away, using the number on your card.
- Change any passwords you shared, starting with your email.
- Report it (see below).
- Tell someone you trust. Scams catch careful people too.
United Kingdom
Report fraud at reportfraud.police.uk or call 0300 123 2040. In Scotland, call Police Scotland on 101. Forward scam texts to 7726 and scam emails to report@phishing.gov.uk. Call 159 to reach most UK banks.
United States
Report it at ReportFraud.ftc.gov. Forward scam texts to 7726.
Canada
Report it to the Canadian Anti-Fraud Centre on 1-888-495-8501. Forward scam texts to 7726.
Australia
Report it at scamwatch.gov.au. If you lost money, report it to the police at cyber.gov.au and call IDCARE on 1800 595 160 for free help.
Anywhere else
Report it to your local police or your national fraud reporting service.
Sources
- Pilotrade AI
Financial Conduct Authority · 2026-10-12
We summarise warnings published by the organisations above. If something here is wrong, tell us and we will correct it.