AUTOSTOCKS TRADES 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. Website domain: autostockstrades.com.
Opened my account with AUTOSTOCKS TRADES after attending a webinar they hosted and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Multi-device support|Good mobile app
Cons: Search feature is basic|Limited ETF selection
Do not be fooled by the professional-looking website. Behind the scenes, AUTOSTOCKS TRADES is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Personal attention|Educational resources|Tax reports included
Cons: Inactivity fee applies after 12 months|Would like more payment methods
AUTOSTOCKS TRADES changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Smooth onboarding|Fast deposits|Responsive team|Competitive fees
Cons: Nothing significant
After doing some research AFTER the fact (I know, I should have done this first), I discovered that AUTOSTOCKS TRADES is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The mobile app from AUTOSTOCKS TRADES is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Fast support response|Segregated accounts
Cons: Limited ETF selection|No crypto staking
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: Appears in regulatory warnings database|Uncertain regulatory status
Several red flags with AUTOSTOCKS TRADES: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
I lost a significant amount because AUTOSTOCKS TRADES did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Intuitive for beginners|High security standards|Detailed reporting|Tax reports included
Cons: Wait times can be long during peak hours|Charting tools need more indicators
I was contacted by AUTOSTOCKS TRADES 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: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The so-called education at AUTOSTOCKS TRADES 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 a couple of months now thinking they would help me learn.
Pros: Low minimum deposit|Helpful community forum|Comprehensive tools|Personal attention
Cons: Help articles are sometimes vague|Email notifications too frequent