Score

1.30 /10
Danger

AutoPay Ltd

New Zealand

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.35

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

AutoPay Ltd · Company summary
Broker Name

AutoPay

Founded in 2022
Registered in United Kingdom
Regulated by Not regulated
Account Types STARTER, SILVER, GOLD, PLATINUM
Minimum Deposit US $500
Maximum Leverage Not Specified
Spreads Not Specified
Customer Support support@autopayltd.com, +447451281950

Overview of AutoPay

AutoPay, founded in 2022 and registered in the United Kingdom, operates as a brokerage offering a range of account types tailored to investors' needs, including STARTER, SILVER, GOLD, and PLATINUM accounts. The minimum deposit required to start trading with AutoPay is US $500, with maximum leverage and spreads not specified. AutoPay's customer support can be reached via email at support@autopayltd.comor by phone at +447451281950. It's important to note that AutoPay is not regulated, which may influence investors' considerations when choosing a trading platform.

Overview of AutoPay

Regulation

AutoPay operates without regulatory oversight, indicating that it may not be subject to any specific financial regulations. This lack of regulation can impact factors such as investor protection, transparency, and accountability. Traders should exercise caution and conduct thorough research before engaging with AutoPay or any unregulated trading platform to ensure they understand the potential risks involved.

Regulation

Pros & Cons

AutoPay offers many trading instruments and provides real-time market data sourced from top analytical agencies, enhancing traders' decision-making processes. Its platform accessibility across all devices ensures convenience and flexibility for users. However, AutoPay has drawbacks, including a lack of educational resources and transparency regarding company policies, which may hinder traders from seeking comprehensive guidance. Moreover, its operation without regulatory oversight poses potential risks to traders, and the limited customer support options primarily through email may impact timely assistance and support accessibility.

Pros Cons
• Various trading instruments to trade • Operates without regulatory oversight, potentially exposing traders to risks
• Real-time market data provided by leading analytical agencies • Limited customer support options, primarily through email
• The platform is available on all devices • Lack of educational resources or transparency regarding company policies and procedures

Market Instruments

AutoPay's Market Instrument provides traders with a comprehensive platform to access a diverse range of assets including cryptocurrencies, stock indices, commodities, and forex, including popular pairs like EURUSD. With over 30 assets available, traders can enjoy immediate access to multiple markets, making it a convenient and efficient choice for trading various financial instruments.

Market Instruments

Account Types

AutoPay provides a variety of account types designed to suit different investment preferences. The STARTER account, offering a daily return rate of 45%, targets investors with an investment range from $500 to $8000. For higher returns, the SILVER account provides a daily return of 60% and requires an investment between $1000 and $15000. The GOLD account, with a daily return of 75%, caters to mid-range investors with an investment range of $2500 to $5000. Lastly, the PLATINUM account, offering a daily return of 90%, is the most exclusive option for investors willing to invest between $10000 and $100000. Each account type presents an attractive opportunity for investors to leverage AutoPay's innovative auto-payment system for capital growth.

Account Types

How to Operate

To operate with AutoPay, start by depositing funds into a real account using one of over 20 supported payment systems. Then, trade a wide range of assets and stocks from their selection of 100 options, utilizing technical analysis and staying updated with market news. When it's time to withdraw, funds can be easily transferred to your bank card or e-wallet with no commission charges, ensuring seamless transactions for traders.

How to Operate

Customer Support

AutoPay provides customer support primarily through email at support@autopayltd.com and also offers assistance via phone at +447451281950. This approach allows traders to reach out for help or inquiries regarding their accounts, transactions, or platform functionalities. However, it's important to note that the availability and responsiveness of customer support channels may vary, so users should consider this when seeking assistance from AutoPay.

Customer Support

Conclusion

AutoPay presents a versatile trading platform with a range of account types and trading instruments, supported by real-time market data for informed decision-making. Its accessibility across devices adds convenience, although the lack of educational resources and regulatory oversight, along with limited customer support options, are areas of concern for traders. Balancing its strengths and weaknesses, AutoPay can be considered by investors seeking diverse trading options, but caution is advised due to the potential risks associated with its operational and support aspects.

FAQs

What are the risks and guarantees for your customers?

There are risks in Trading all assets, that is exactly why there is AutoPay Ltd , all trade risk are borne by us, if there is any loss that stalls the trading,the Investor will be Refunded his Capital.

What is the minimum and the maximum amounts that I can invest?

The minimum deposit is only 500 USD, the maximum deposit is not limited.

What is the schedule for my profit accrual?

Profit is returned to investments at every 24 hours from their time of activation.

What are the payment systems you operates with?

Deposits and Withdrawals to and from AutoPay Ltd are processed through Bitcoin & Ethereum.

Risk Warning

Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

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