Passive Automated Trading System has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I want to warn everyone about Passive Automated Trading System. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
The platform at Passive Automated Trading System is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since last summer of dealing with this, I have had enough.
Pros: Regular platform improvements|Reliable uptime|Low minimum deposit
Cons: Inactivity fee applies after 12 months
The mobile app from Passive Automated Trading System 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: Professional team|Good mobile app|Reliable uptime|Customizable dashboard
Cons: Inactivity fee applies after 12 months|Email notifications too frequent
The reporting at Passive Automated Trading System is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Copy trading available|Competitive fees
Cons: Wait times can be long during peak hours|No dark mode on mobile
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Passive Automated Trading System said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Tax reports included|Automated trading options
Cons: Help articles are sometimes vague
The platform itself is okay, but the customer service at Passive Automated Trading System is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Low minimum deposit|Good analytical tools
Cons: Spreads widen during volatile periods
Do not believe the bonus offer from Passive Automated Trading System. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Transparent fees|Dedicated account manager|Low minimum deposit
Cons: Cannot customize dashboard fully
I closed a profitable position at Passive Automated Trading System and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Multi-currency support|Economic calendar
Cons: No dark mode on mobile|Wish they had more educational resources
Several red flags with Passive Automated Trading System: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets 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.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Passive Automated Trading System has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Easy to use platform|Economic calendar
Cons: Research section could be deeper|Minor UI glitches occasionally