The AutomataFX.com website
If you’re thinking about signing up for AutomataFX.com, you may want to read this review first. We’ll be taking a close look at the website and its features to see if it’s a legitimate way to make money or if it’s a scam.
AutomataFX.com is a website that promises to help you make money by trading in the foreign exchange market. The website is very user-friendly and has a lot of features that can help you in your trading journey. However, we could not find any information on the owner of the website or any contact information.
The website has a demo account that you can use to test out the platform and its features. We did not encounter any problems with the demo account and it seemed to work well. However, we cannot confirm if the live account will work as smoothly as the demo account since we do not have a live account to test out.
The biggest red flag for us is that there is no information on the owner of AutomataFX.com or how to contact them. We would be very careful about giving our personal information or money to a website like this without knowing who is behind it.
The AutomataFX.com trading software
The AutomataFX.com trading software is a web-based application that allows users to trade in the foreign exchange market. The software provides users with real-time market data, charts, and analysis tools. The software also includes a demo account so that users can practice trading before risking real money.
The AutomataFX.com auto-trading robot
The AutomataFX.com auto-trading robot is a software that was designed to trade automatically on your behalf, in order to make you money. The company behind the software is based in Bulgaria and their website claims that the robot has a success rate of 95%.
We did some research on the company and the people behind it, and we have to say that we were not able to find much information. The website does not provide any contact information other than an email address, and there is no physical address or phone number listed anywhere.
When we emailed the company, they responded within 24 hours which is good, but they did not answer our specific questions about their service.
The bottom line is, we are not sure if AutomataFX.com is a legitimate company or not. If you are considering using their auto-trading robot, we would recommend that you proceed with caution and do more research before investing any money.
The pros and cons of AutomataFX.com
AutomataFX.com is an automated forex trading platform that has been around for a few years. The company behind the platform is Automata Ltd, which is a UK-based company. The platform is available to anyone with an internet connection and a computer. The minimum deposit to open an account with AutomataFX.com is $500, and the minimum trade size is 0.01 lots.
The main advantage of using AutomataFX.com is that it takes the emotions out of trading, as all trades are executed automatically based on pre-determined rules set by the user. This means that users do not have to worry about making impulsive decisions that could lead to losses. Another benefit of using AutomataFX.com is that it can be used 24 hours a day, 5 days a week, as it runs on a secure server even when the user’s computer is turned off.
However, there are some disadvantages to using AutomataFX.com that should be considered before signing up for an account. One disadvantage is that because all trades are executed automatically, users cannot make any adjustments to their positions once they have been entered into the market. This means that if the market moves against the position taken by the user, they will experience losses without any way to stop them from occurring. Another disadvantage of using AutomataFX.com is that it can be difficult to understand how the platform works if you are new to forex trading or automated trading
Is AutomataFX.com a legit or scam?
When it comes to online trading platforms, there are a lot of scams out there. So, is AutomataFX.com a legit or scam?
We did some research on the company and its platform to find out. Here’s what we found:
The company is based in Cyprus and is registered with the Cyprus Securities and Exchange Commission (CySEC). This means that it is subject to strict financial regulations.
The platform uses the latest technologies to keep your funds safe and secure. It also uses SSL encryption to protect your personal and financial information.
All in all, we believe that AutomataFX.com is a legitimate trading platform that you can trust.
Conclusion
After reading this AutomataFX.com review, it is clear that this website is a scam. They do not have a valid license to operate as a financial institution, they do not disclose their whereabouts, and they have been known to engage in fraudulent activities. If you are considering investing with them, we would advise you to look elsewhere.