Platforms & Tools

TradeAutoVest Fees and Execution Quality Review

Started by t_wiesmann Dec 2, 2023 7 replies 142 views scalping, fees, execution
TW

I've been evaluating a few automated platforms lately and TradeAutoVest came up in a few conversations here and elsewhere. Figured I'd put together a proper review thread so we can pool information.

My main areas of focus are spreads and commission structure, slippage during fast market conditions, and how quickly withdrawals actually clear. I've been running a small test account for about three weeks. Initial impressions are decent — the TAV interface is reasonably clean and the strategy builder isn't as intimidating as some competitors. But I want to hear from people who've gone deeper.

Happy to share more specifics as the thread develops. What have others noticed about execution speed, especially during news releases?

HB

Been on TradeAutoVest for about five months. The spread on EUR/USD is consistently around 0.6–0.8 pips during London hours which is acceptable for a scalper. Widens to roughly 1.8 during the New York–Tokyo overlap but that's pretty normal across the board.

Execution latency is where TAV actually surprised me — most fills come back within 80–120ms on majors. I did see some requotes in early November when the USD had that volatile stretch but nothing that blew up a trade. Overall I'd rate execution quality a 7/10 for active scalping.

OV

My experience has been mixed. Deposits into TAV cleared instantly — I used a card and it hit right away. Withdrawals are a different story. My first withdrawal request sat in "processing" for four business days before hitting my account. When I contacted support they said KYC checks can add delays on the first payout, which I suppose is standard, but they should communicate that upfront rather than leaving you guessing.

On the fee side, there's a 0.1% inactivity charge per month if you don't trade for 60 days. I nearly missed it in the terms. Worth reading the fine print carefully before committing.

CR

On the verification side — TradeAutoVest requires standard KYC: government ID, proof of address (utility bill or bank statement within 90 days), and in my case they also asked for a source of funds declaration because my initial deposit was above a certain threshold. All handled through an in-platform uploader which worked fine. Approval came back in about 18 hours on a weekday.

One thing I'll flag: TAV does not currently hold a Tier 1 regulatory license from the FCA or ASIC as far as I can tell. They reference oversight from a lesser-known body. Not necessarily a dealbreaker depending on your situation but worth factoring into your risk assessment.

FD

The TradeAutoVest risk management panel deserves more attention in this thread. The built-in daily drawdown cap and position sizing rules are genuinely useful if you're running algos. You can set a hard stop on total daily loss as a percentage of account equity, which auto-disables your bots until you manually override. I've used this on three other platforms and TAV's implementation is the cleanest I've seen.

For purely discretionary traders it might feel like overkill but for systematic strategies it could prevent a lot of pain on bad days.

YK

Quick note on customer support — I had a billing discrepancy and reached out via their live chat. Response came in about 12 minutes during business hours. The agent actually knew what they were talking about and resolved the commission calculation error on the spot. I followed up via email a day later and heard back in a few hours with a ticket reference.

Not everyone seems to have this experience based on what I've read, so maybe it depends on timing and volume. My impression of TAV support is positive so far but I'm just one data point.

PW

I ran a 30-day slippage audit on my TAV account using trade journal data. Across 847 scalping entries on EUR/USD and GBP/USD, average slippage was 0.4 pips. About 6% of trades had slippage exceeding 1 pip, mostly during US CPI releases. Positive slippage (price improvement) occurred on roughly 11% of trades which is better than my previous broker.

Not bad numbers honestly. The infrastructure feels solid for what it is. Wouldn't use it for high-frequency strategies requiring sub-10ms fills but for conventional scalping it holds up.

TW

Thanks for all the responses — this has been more useful than most broker threads I've seen. To summarize what I'm taking away: TradeAutoVest spreads and execution are competitive for mid-frequency scalping; withdrawal times can lag on first payout but seem normal after that; the risk management tooling is a genuine differentiator; and the regulatory standing warrants some caution for traders who prioritize Tier 1 oversight.

I'll keep the test account running through year-end and may post an update in January with more data. If anyone has experience with TAV's index CFD offerings or their swap rates on overnight positions, that would be a useful addition to this thread.

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