Score

1.53 /10
Danger

Automata FX

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-12
  • 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!

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Automata FX · Company summary

Basic Information & Regulators of Automata FX

Automata FX is the world's first fully automated Forex broker with a trading platform powered by 4X-DAT™, offering only straight-through processing and institutional liquidity. No regulatory information is shown on the Automata FX website.

Safety Analysis of Automata FX

The most pivotal factor in measuring a forex trading platform's safety is whether it is formally regulated. Automata FX is an unregulated forex broker, which means that investors' trading activities and funds are not protected, making it a risky trading platform. Investors should be careful to avoid Automata FX as a trader.

Account & Commission Rewards of Automata FX

Automata FX's GCU Guaranteed Account is divided into GCU Execution Account (GE) with a minimum deposit of 50,000 GCU/$2,500, 60% of GCU commissions on the first two referrals will be paid into the trader's GCU account, and 30% of USD cash commissions will be paid to the partner's cash bonus account. GCU Advanced Accounts come with a minimum deposit of 250,000GCU/$10,000, 80% of the GCU commission on the first two referrals will be paid to the trader's GCU account, and 40% of the USD cash commission will be paid to the Partner Cash Rewards account. GCU VIP account with a minimum deposit of 1,000,000 GCU/$30,000, 100% of the GCU commission on the first two referrals will be sent to the trader's GCU account, and 50% of the USD cash commission will be paid to the Partner Cash Rewards account. Automata FX's Fast-Track Managed Accounts are divided into Executive Accounts ($10,000 minimum deposit), Advanced Accounts ($50,000 minimum deposit), and VIP Accounts ($250,000 minimum deposit) with a 40% performance fee.

Spreads & Commissions of Automata FX

Automata FX has entered into a strategic partnership and unique licensing agreement with Global Profit Technologies Inc. to provide its clients with the world's first fully automated forex trading platform (powered by 4X-DAT™) at no upfront cost to the trader, in addition to charging spreads, Automata FX also charges one pip per trade for trade automation.

Trading Platforms Available of Automata FX

Automata FX offers a state-of-the-art automated trading platform for individual retail traders. The platform (powered by the 4X-DAT™ software) can trade an unlimited number of currency pairs simultaneously and manage and monitor many trades in an unlimited number of separate trading strategies pre-set. It provides money management by closing all trades with predetermined profits and closes and closes trades in both directions with unprecedented accuracy. After the initial trade setup, it performs this operation automatically 24 hours a day, every day, for weeks, or even months - without manual input.

Deposit and Withdrawal

Automata FX supports traders to deposit funds to their investment accounts via wire transfer, GCU tokens, and venture capital fundings.


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,24239
more than one year
After all, stay away from Automata FX as a broker. The spreads are a bit too steep for my liking, and the platform is super unreliable - I've lost count of how many times it's crashed on me. It's been a major letdown, and I wouldn't recommend it to anyone. There are plenty of better brokers out there with more reasonable spreads and platforms that don't constantly glitch out on you.
After all, stay away from Automata FX as a broker. The spreads are a bit too steep for my liking, and the platform is super unreliable - I've lost count of how many times it's crashed on me. It's been a major letdown, and I wouldn't recommend it to anyone. There are plenty of better brokers out there with more reasonable spreads and platforms that don't constantly glitch out on you.
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2023-03-29 09:44
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真理永恒
more than one year
The Automata FX website seems to take forever to load. I didn't wait for that moment. I haven't seen anyone online saying they've been scammed, and I think that can be a good thing.
The Automata FX website seems to take forever to load. I didn't wait for that moment. I haven't seen anyone online saying they've been scammed, and I think that can be a good thing.
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2023-03-07 15:11
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