Fraudulent project “Automatex”: a dangerous network for traders
The Automatex scheme is a trap for gullible investors. Under the guise of investments, the use of robots for trading on exchanges is proposed, however, the result will only be an empty wallet. Here work scammers aiming to deceive trusting traders.
The “Automatex” platform presents itself as a young project with promises for the future. Fake license and profit promises attract clients with its attractiveness. What is hidden behind the glossy website and why are there no reviews about the automatex.org project? Let’s take a closer look.
Analysis of the official “Automatex” website
Visually, the Automatex site is attractive: high-quality design and structured content. It is difficult to guess that this is a scam engaged in deception. The impression is deceptive.
The site lacks specifics. Information about the company’s foundation, creators, and documents is concealed.
The main drawback is the platform’s availability only in English. A translation into Japanese is expected, but it is not very believable. The site lacks educational materials, but there is a news section.
Analysis of Automatex Platform Data
There is a video review on the site, where a character named Alex talks about the platform. The company “Automatex” has only recently started its activities.
The domain was registered on May 6, 2020. The lack of reviews can be explained by the project’s youth. Statistics show daily visits by thousands of users, mostly from Russia.
Automatex acquired a British certificate, which does not give the company legal significance.
Contact details of the Automatex hype project
There are no reviews on the quality of Automatex technical support. The office location indicated on the site is fake.
Round-the-clock support is offered, but contact numbers are absent. The feedback form and email look dubious.
Tariff Plan Varieties
Automatex offers 4 tariff plans:
- Light – $10, deposit term 10 days, daily profit 1%,
- Standard – $50, profit 6.5% per day, term 20 working days,
- Professional – $50, profit 5%, term 30 days,
- Premium – $500, profit 8% per day, term 15 working days.
Deposits and withdrawals are made through Bitcoin, Litecoin, Ethereum, PerfectMoney.
Registration Procedure on the Automatex Site
Registration requires basic data: login, name, email, password, phone, payment details.
Reviews of the “Automatex” Platform
No reviews are available. Either scammers delete comments, or the platform has not reached a wide range of clients.
Fraudulent Plan of Automatex
Scammers offer unrealistic percentages and promise huge profits. The scam scheme: clients invest money, withdraw a part as proof, but in the end, the money disappears.
Summary of Automatex Review
Automatex is a typical hype offering profitable tariffs, concealing a fraudulent scheme. It is not worth risking cooperation with this platform.
I found my experience with the Automatex Investment Project to be unsatisfying. The platform claims to offer easy trading solutions, but instead, I found it complicated and hard to navigate. The customer service was overall poor with delayed responses, making solving issues a prolonged process. There were also hidden fees which were not made clear in the initial agreement, making me question their transparency. The returns on my investment were also far lower than I was led to believe initially. To top it off, the withdrawal process was quite vexing with unnecessary delays. I would not recommend Automatex to anyone as I believe there are far better options available in the market.