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Welcome to this review on AutoPilotTrades.
It claims to be a fully registered and regulated company, a fact that is so hard to ascertain. Legit brokers always avail their credentials and certifications easily for scrutiny by investors. This broker is a scam.
We will highlight all the red flags in this broker to enable you make an informed decision.
AutoPilotTrades is a scam that you should avoid by all means just like TutorCare Limited.
Are you a victim? CLICK HERE to recover your money.
Who is AutoPilotTrades?
AutoPilotTrades is an HYIP.
These schemes have specialized the art of luring customers with extremely high rates of return on investment.
Theirs is just a matter of time and not if they are a scam. What they do is pretend to be paying the first few customers so as to get referrals.
Once they hit their target they just disappear with your money.
AutoPilotTrades has four investment plans both for the ordinary investors and for the business class. They re both very lucrative, a red flag that you should always check out. This is a scam.
How does this Scam work?
Scammers present many fraudulent ads on the Internet and social media. Their aim is to lure as many people as possible to steal from.
Once you click and provide them with your e-mail and contact number they will ring you immediately and would promise you anything to make you deposit money with them as quickly as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t ever provide this information unless you want to get in trouble. There is also a chance to become a victim of Identity Theft, experiencing many more problems consequently.
Gradually they would ask for more money from you no matter the results. If you lost on the market, they’d persuade you to put more money and recover the losses. If you traded well, they’d convince you to put more money and increase the profits.
The troubles start when you ask for a withdrawal. The scammers would do anything to discourage you and even ask you to pay them if you want to withdraw. The scammers’ mantra is “give me your money”, they’d insist every day you should deposit again and again, for no obvious reason. Legit companies do not bother you over the phone to deposit with them, so if someone pushes you to invest, it’s most probably a scam.
Is it safe to invest with this broker?
It is definitely not safe to invest in this illegitimate broker.
HYIP schemes cannot be trusted. They often lure investors to put in their money then vanish with it once their target has been reached.
here is no evidence of regulation for this broker. Unregulated brokers can never be trusted as they are fond of breaking regulations. They always disappear to thin air since they are not answerable to any watchdog.
For legitimate brokers please click here.
AutoPilotTrades is a scam.
They are using a cheap trick of luring investors with crazy profits. Whenever a broker is not regulated do not be tempted to put in your money however lucrative the deal may seem to be.
Unregulated brokers are high risk ventures to even think of investing your money in. They are not answerable to any watchdog incase of any misappropriation of investors’ money. All financial services providers must be regulated by the regulator in which they are operating in.
This is a newly registered broker in this industry, be wary with the kind of promise they are making on crazy profits. This is a con.
We cannot recommend this broker for now, this is a time bomb and for sure they will scam you!
Have you been scammed by this broker? CLICK HERE to recover your money.