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 Any hidden fees with Tradeautovest? 
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Joined: Thu Aug 20, 2022 3:02 pm
Posts: 70
Post Any hidden fees with Tradeautovest?
Anyone dealt with Tradeautovest? I've started using their algo-trading bot with <$1k to test but worried about hidden fees or excessive withdrawal fees.

If anyone has any personal experience with the company please enlighten me.

Thanks


Thu Mar 24, 2022 11:39 am
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Joined: Mon Aug 06, 2007 3:18 pm
Posts: 2139
Location: Albany Creek Qld
Post Re: Any hidden fees with Tradeautovest?
No experience with Tradeautovest myself but they've been around for at least the last two years now and I've not heard anyone complain about fees. Still always proceed with caution and test withdrawals first before investing heavily!!

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Thu Mar 23, 2022 2:43 pm
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Joined: Sat Apr 23, 2010 10:50 am
Posts: 325
Location: Fraser Coast Qld
Post Re: Any hidden fees with Tradeautovest?
Just remember, if they ask you to pay some kind of government tax that cannot be taken out of the existing balance it is a SCAM.

Personally not dealt with Tradeautovest before either but stay cautious and make sure you can withdraw your full amount. I would advise you test this now while your balance is still low as glanyard said.

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Neil


Fri Mar 24, 2022 12:21 pm
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Joined: Mon Feb 04, 2012 6:12 pm
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Location: Tuggeranong
Post Re: Any hidden fees with Tradeautovest?
I dealt with Tradeautovest a few months ago but unfortunately had to exit early to fund my mortgage deposit. There is withdrawal fees but they are unnoticeable, I think it's capped at $10 or something.

The majority of funds they make comes from the profit share of your trades, which is automatically taken out so you don't need to pay it, what you see in your account is what you actually have and can withdraw.


Fri Mar 24, 2022 2:32 pm
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Joined: Mon Aug 06, 2007 3:18 pm
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Location: Tuggeranong
Post Re: Any hidden fees with Tradeautovest?
glanyard wrote:
"No experience with Tradeautovest myself but they've been around for at least the last two years now and I've not heard anyone complain about fees. Still always proceed with caution and test withdrawals first before investing heavily!!"
I don't think it's even been 2 years

Fri Mar 25, 2022 1:19 pm
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Joined: Sat Sep 25, 2016 10:36 pm
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Location: Woodcroft, SA
Post Re: Any hidden fees with Tradeautovest?
I can vouch that there are no hidden fees,

At least in my experience.

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Fri Mar 25, 2022 2:00 pm
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Joined: Sat Apr 03, 2014 2:52 pm
Posts: 153
Post Re: Any hidden fees with Tradeautovest?
Tradeautovest was profit share only last time I heard? I dont even think there is a withdrawal fee. But the profit share is around 15% so they definitely make their money. Honestly would be nice if we could lower that amount somehow, maybe copying their trades on an external brokerage? Lol


Fri Mar 24, 2022 1:37 pm
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Joined: Mon Dec 23, 2016 3:15 pm
Posts: 312
Location: Melbourne
Post Re: Any hidden fees with Tradeautovest?
Idk who Tradeautovest is but as previous members have already explained never pay any up front fees. Let us know how it goes I'm intrigued


Fri Mar 24, 2022 11:55 pm
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Joined: Thu Aug 20, 2022 3:02 pm
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Post Re: Any hidden fees with Tradeautovest?
Thanks for all the answers, took your advice and went through with a withdrawal for my current balance and it was all smooth, withdrawal cost me about $7 in fees so no complaints there. Feeling a lot more confident now that I've tested the process out myself.

Thanks again for everyone's help!


Sun Apr 11, 2022 5:25 pm
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Joined: Mon Aug 06, 2007 3:18 pm
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Location: Albany Creek Qld
Post Re: Any hidden fees with Tradeautovest?
Thanks for the update. Glad my advice worked out for you

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Sun Apr 10, 2022 6:46 pm
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Joined: Thu Aug 20, 2022 3:02 pm
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Post Any hidden fees with Tradeautovest?
Yes thank you glenyard, testing the withdrawals was very important.


Thu May 15, 2022 11:39 am
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