automatedfxtrading-system.com has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The hidden fees at automatedfxtrading-system.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Market news feed|Professional team|Low minimum deposit
Cons: Wait times can be long during peak hours
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that automatedfxtrading-system.com has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I invested $2,000 with automatedfxtrading-system.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I was contacted by automatedfxtrading-system.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The so-called education at automatedfxtrading-system.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Risk management tools|Fast support response|Multi-currency support
Cons: Inactivity fee applies after 12 months|Withdrawal takes 1-2 business days
KYC with automatedfxtrading-system.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Stable platform|Dividend tracking|Copy trading available|Clear documentation
Cons: Desktop app not available on Linux|Would like more payment methods
After using automatedfxtrading-system.com for about eight months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Competitive fees|Good analytical tools|Detailed reporting
Cons: Research section could be deeper|Limited ETF selection
I experienced a security concern with my automatedfxtrading-system.com account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Social trading features|Wide product range|Multi-device support
Cons: Limited cryptocurrency options|Email notifications too frequent