- 1 About Trade ATS
- 2 Features found on TradeATS
- 3 License and Registration details of Trade ATS
- 4 Limitations of Trade ATS
- 5 Security of funds with Trade ATS
- 6 Scam or Legit Trade ATS
Trade ATS (Tradeats.com) is another scam indicator not worth your money or time. They are claiming that you must have trading knowledge to get the full benefits of the indicator. And this is where we have a huge issue with the platform. The indicator is flagged by a number of investors as a scam due to its heavy losses. Investors have been up in arms after losing their investments immediately they used the signals. What is happening with the indicator?
About Trade ATS
The platform is selling itself as an Action Threshold Software capable of offering 100 percent accuracy. They go ahead and claim that Trade ATS is the original advanced chart mapping software. These are empty and over the moon, claims meant to drive in signups. After receiving a number of complaints from investors, we decided to investigate. This scam indicator offers nothing but terrible trading signals. And the fact of the matter is that this indicator is not one to be trusted.
Trade ATS is claiming to have worked with hundreds of traders to come up with the platform. They fail to give an example of these traders as it would have easily cleared some issues. The information on their platform claims the platform is able to enter the market in a trend. This is their main selling point and urges all investors to take advantage of their indicators. These are the over the moon claims we state as there is no proof of anyone winning with the indicator. And below are the reasons why you should stay away from TradeATS.
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They are providing two services to investors; one is educational material and the other indicator services. The educational service is 100 percent free according to their homepage. What we have a problem with is how they represent their strategy to investors. Tradeats is claiming to be able to give strategies on all assets. Most of the assets include Forex products but the platform remains unclear on Crypto. And this is where we delved deeper to find out more on the platform.
Trade ATS is operated by a company referring to itself as the Black Box Trading Software Company. A look at the company register shows no such platform exists in most jurisdictions. Another shocker relating to this indicator is the fact that they don’t name the people behind the platform. Who are the founding member and staff members behind the platform? It would be best if investors knew who they trust with their funds. And this is another reason to stay away from this indicator.
Customer Feedback and Reviews
Scam software developers will create a cloned indicator and insist it works. They will in most cases fail to provide a demo or test to investors. What they normally do is post a video tutorial on how the indicator works. After a couple of sessions, investors get to purchase the indicator and try it out. Most of the comments we’ve seen so far are negative concerning the indicator. And this is proof we are dealing with a poor indicator. None of the strategies work or even offer an advantage to investors.
Domain Register Details
They claim to have a number of trading experience behind them. These are false claims coming from a platform that is barely 1000 days old. As of publishing this post, we can confirm the date on which the site went live. Records do show that the platform went live on 11th April 2018. They have made 7 unique changes to their IP address over 15 years. And this is an indication that the indicator went with another name before changing to the current one. These are scam artists who change product names to throw off anyone with deposits pending.
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Features found on TradeATS
The platform claims to have advanced charting platforms and is compatible with MT4 trader. Their main reason for going with MT4 is that they know this is a reputable trading terminal. Investors will want to gain an advantage when using the best trading platform the industry has to offer. Sadly, these scam artists will take advantage of this need by creating a false platform. Stay away from this platform or else become another of their victim. The list of victims who have fallen is endless.
License and Registration details of Trade ATS
Trade ATS is not licensed or registered by any regulatory body anywhere on the face of the planet. The indicator has no valid reason to operate as it is not fully compliant with trading rules, Investors who deposit funds with the indicator are partnering with a false platform. Any funds deposited will not be insured as dictated by trading regulations. What this means is that a money-back guarantee is not possible with the platform. Once you deposit funds, it is the last you will see of the deposit made.
The entire platform has no evidence of ever having a license. They don’t show a license number anywhere on their planet which is odd. And this is another reason to stay away from the platform. They intentionally refuse to let investors know that this is not a regulated platform. Investors are signing up blindly hoping that authorities have given the product the green light. After signing up, this is the time they know that the robot is nothing but a shoddy platform. It is best to stay away from it.
Limitations of Trade ATS
Cost of Trade ATS
The cost of purchasing Trade ATS is $150 per month according to the FAQ page. They insist that the plan comes with ATS chart mapping software and online courses. Other features that they claim to poses include expert assistance and webinars. What is clear is that the robot does not offer any free or trials. There is no demo account and investors have to trust the word of the creators. And this is a risky venture as all indicators should give investors the option of testing them first.
The indicator is asking for a high depository amount which is off. According to their FAQ page, the platform is asking for over $2,000. They claim that this is the most realistic amount to earn profit with the indicator. And this is where the holes start showing as this is a ridiculous amount. The claim that a high amount is legit to make decent claims is unfounded. These are scam artists who only want a piece of your pie. And this is another reason to stay away from their platform. The depository amount is too high.
Trading ATS is claiming to have a unique strategy based on ‘belief analyses’. They claim that the strategy works well by understanding and tracking the beliefs of the mass price effect. What does this mean to you? Does the indicator show negative results if the masses belief is wrong? The strategy used is not enough to convince us to open an account with the platform. These strategies are unfounded and will lead most to financial ruin. Stay away from the platform and ensure you don’t sign up with their affiliate programs.
It is clear that the support team only responds to emails after a while. The indicator only gives an email address as a point of access. There is no phone number that members can use to talk directly to an agent or representative. And this is proof we are dealing with a rogue online trading platform. These irregular indicator developers don’t want any communication with their would-be victims. That’s why they choose emails as they can easily decide which one to respond to and which one to ignore.
Security of funds with Trade ATS
The safety of funds will not be guaranteed by a platform with no license. Investors who earlier signed up are already up in arms over losing funds with the indicator. Stay away from the platform or else become another victim who loses money in excess of $2,000.
Scam or Legit Trade ATS
Trade ATS is a scam indicator with no credibility. Stay away from the platform or else risk becoming another victim of this atrocious scam.
The indicator is a scam and we have to add it to our blacklist. This will help to expose the platform to our esteemed readers.
There are valid trading robots with a clear sense of professionalism. Try them out as they are credited with offering a safe trading environment.