About AutoBaseTrade
Company Background
AutoBaseTrade is a relatively new broker, registered in the United Kingdom as of February 3, 2026. The firm operates through its official website, autobasetrade.live. Based on available records, the company does not hold any regulatory licences from recognised financial authorities. This absence of regulation is a significant factor for traders to consider, as it means there is no independent oversight of the broker's operations or client fund protection.
Trading Products and Platforms
According to the broker's website, AutoBaseTrade offers trading in multiple asset classes: Forex, Cryptocurrencies, Stock Indices, Commodities, and Energies. The platform boasts access to over 500 trading instruments. A notable feature is Covesting, a copy-trading service that allows clients to automatically follow and replicate the trades of top-performing traders. The site does not specify the trading platform (e.g., MetaTrader 4/5 or proprietary) used for executing trades.
Account Types and Minimum Deposits
Our records show three account tiers at AutoBaseTrade. The STARTER account requires a minimum deposit of £500 and is likely aimed at new or smaller-scale traders. The CLASSIC account has a £5,000 minimum deposit, and the top-tier PLATINUM account starts at £10,000. No information on maximum leverage or spreads was disclosed in the known facts or from the website. The deposit requirements are relatively high compared to many retail brokers, which may limit accessibility for less capitalised traders.
Risk Considerations
AutoBaseTrade's own website acknowledges the high risk associated with trading Forex and CFDs, stating that it is 'highly speculative and carries a high level of risk.' The broker's FXCanary Scam Risk Score is 59 out of 100, indicating an elevated level of concern. Key risk factors include the lack of regulatory oversight, the very recent founding date (2026), and the high minimum deposit thresholds. Traders should exercise caution and conduct thorough due diligence before committing funds.
Target Audience
The broker appears to target both novice and experienced traders through its copy-trading feature and multi-asset offering. However, the high minimum deposits suggest that AutoBaseTrade is more suited to traders with substantial capital. The lack of regulation may be less of a concern for traders in jurisdictions with limited enforcement, but for most retail clients, especially those in regulated markets, it represents a material risk factor.
Overview compiled by FXCanary from regulatory records and public data. full AutoBaseTrade review