About ForexAutopro
Company Overview
ForexAutopro is an investment platform registered in the United Kingdom under the name of the domain codemasterweb.com. The company was founded on 14 February 2023 and lists its registered address at 35 Tadcaster Rd, Pilling, Lancashire, United Kingdom, PR3 7PW. According to its official registration, the broker holds no regulatory licences from any recognised financial authority.
The firm's website presents itself as a managed investment service, claiming to use expert trading strategies to generate returns for clients. However, the publicly available information about the company's operations and ownership is limited.
Regulatory Status
FXCanary has verified that ForexAutopro is not regulated by any major financial regulator such as the Financial Conduct Authority (FCA) in the UK, despite being registered as a company there. This lack of regulatory oversight means that clients do not benefit from protections such as negative balance protection, compensation schemes, or dispute resolution services.
The absence of a licence is a significant factor for traders to consider, as regulated brokers are required to adhere to strict standards regarding client fund segregation, reporting, and transparency. Unregulated entities like ForexAutopro may operate with fewer constraints.
Website and Platform
The broker's website (codemasterweb.com) appears to be a simple landing page with subdomains for different investment programmes. The platform does not offer typical forex trading or CFD features such as live charts, trading platforms (MT4/MT5), or account types common in retail forex brokerage.
Instead, the interface is focused on a fixed investment calculator, displaying potential earnings for plans labelled '1% Daily For Ever', '2% Daily For Ever', and '3% Daily For Ever'. The site also provides a referral commission structure and lists deposit methods including cryptocurrencies and credit cards.
Target Audience
ForexAutopro appears to target individuals seeking passive investment opportunities with high, daily returns. The marketing language on its website emphasises ease of use ("You don't require any skill") and the promise of fast growth compared to traditional banking.
This positioning is typical of high-yield investment programmes (HYIPs) rather than regulated brokerage services. The affiliate referral programme further suggests a focus on attracting new investors through word-of-mouth rather than institutional clients.
Deposits and Withdrawals
The broker advertises support for multiple funding methods including credit cards, PayPal, and major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. It claims unlimited maximum withdrawal amounts and processing within 24 hours.
However, specific details about minimum deposits, fees, or withdrawal conditions are not clearly disclosed. The payment methods listed are commonly used by HYIPs, which often face challenges with payment processor reliability and may impose restrictions.
Risk Considerations
ForexAutopro's business model and website presentation are characteristic of high-yield investment programmes (HYIPs), which carry a high risk of being unsustainable ponzi-like schemes. The promised returns (up to 180% in 5 days, or 3% daily perpetually) are unusually high and not typical of legitimate investment or trading services.
Combined with its unregulated status and lack of public information, this presents a significant risk for potential investors. FXCanary's scam risk score of 49/100 (Guarded) reflects these concerns, indicating that caution is warranted.
Overview compiled by FXCanary from regulatory records and public data. full ForexAutopro review