Tired of Waiting for Autopilot in the EU? We’re Building the Alternative
Clément DREISKI6 min read·Just now--
We wanted to use Autopilot. Like a lot of people in Europe, we’d seen the TikToks, scrolled through the viral Pelosi Tracker posts, and thought: finally, someone made this simple. Pick a politician’s portfolio. Put in some money. The app copies their trades into your brokerage account. Done.
So we downloaded the app, got excited, started signing up. And then we hit the wall. US brokerage required. US Social Security number. US address. No workaround, no timeline for international support. Just a polite “email us and we’ll add you to a waitlist.”
If you’re reading this from France, Germany, Spain, the Netherlands, or anywhere else in the EU, you already know the feeling. You’ve probably left a 1-star review on the App Store. You’re not alone. The Belgian App Store rates Autopilot 2.0 out of 5. Germany? Same. The reviews all say the same thing: “Not supported in Europe.”
We looked at Dub, the other US copy-trading platform. Same story. “Currently tailored for US permanent residents.” They’ll “eventually” work on international access once they’ve “established a foothold in the US market.” Translation: don’t hold your breath.
So rather than wait for someone else to solve this, we decided to build it ourselves. We called it TrueWallet.
The gap is absurd when you think about it
The thing is, the data that powers these apps is public by law. The STOCK Act forces every member of the US Congress to disclose their trades within 45 days. These filings are published on the House and Senate websites. Anyone in the world can read them. The 13F filings that reveal hedge fund positions? Also public. Filed with the SEC every quarter. Freely available on EDGAR.
So the data is global. The interest is global. Autopilot has proven the demand is massive: over $1 billion in assets under management, 3 million downloads. But the execution layer? US-only.
There are a dozen websites that let you look at politician trades from Europe. Capitol Trades, Quiver Quantitative, Unusual Whales. But looking at data and actually doing something with it are very different things. You can spend hours browsing Nancy Pelosi’s trades on your phone. You just can’t copy them.
The only option for EU users today is eToro’s “Congress Smart Portfolios.” Three pre-built portfolios based on political activity, rebalanced once a month. Only one of them actually copies congressional trades directly. You can’t pick individual politicians. You can’t set your own allocation. You can’t follow a specific senator whose strategy matches yours. It’s a blunt instrument.
That’s the gap. And it’s massive.
What we’re building
TrueWallet is a copy-trading platform designed from day one to work outside the United States. The core concept is the same as Autopilot: you browse tracked portfolios (politicians, hedge funds), pick the ones you like, allocate an amount, and the app automatically mirrors their trades in your brokerage account. No finance degree required. No manual order placing. You choose a wallet, and the app does the rest. But the infrastructure underneath is completely different.
You open the app and browse. We track politicians and hedge funds. Congressional members, institutional investors filing 13Fs with the SEC. The list keeps growing, but we started with the ones that actually matter: the most active traders, the best performers, the names people search for. Each one has a detailed profile with historical performance, risk score, current positions, and full trade history. You compare and pick.
You follow a portfolio. Set an amount, say €500, and TrueWallet starts tracking that wallet for you. When a new trade is disclosed, you get notified. For politicians, that’s when the filing drops (the STOCK Act gives them up to 45 days to report). For hedge funds, it’s when the quarterly 13F is published. You can approve each trade individually, approve them all at once, or blacklist specific stocks. Don’t want Tesla no matter what? Done. Once approved, the trade is sent to your brokerage account and executed on the real market. Your portfolio updates in real time.
Every user gets their own regulated brokerage sub-account. Your money is held by a regulated broker, not by us. We never touch it. Full KYC, full compliance, adapted for international identity documents.
What we do differently
On paper, TrueWallet does the same thing as Autopilot. You browse portfolios, pick the ones you like, and the app copies their trades. We track the same public data: congressional disclosures, 13F filings, hedge fund positions.
The biggest difference is simple: TrueWallet works in Europe. Same concept, built from scratch for international users.
Where we took a different approach is AI. Autopilot offers AI-managed portfolios where an AI picks stocks on its own. TrueWallet’s AI wallets work differently. Each one is a real AI agent built around a specific theme: nuclear energy, semiconductor supply chains, critical mining resources. The agent pulls macro data from the Fed, screens company fundamentals, runs backtests, checks correlations, and builds a portfolio with a written investment thesis. Every quarter, it re-analyzes everything, challenges its own assumptions, and rebalances if the fundamentals have shifted. You can read the reasoning behind every position.
It’s not “AI picks stocks.” It’s a structured research process that happens to be run by an AI. The same kind of analysis a portfolio manager would do, with the same data sources, just automated and transparent.
We’re not claiming to be better than Autopilot. They’ve proven the model works, with over $1 billion in AUM and 3 million downloads. We just built the version that works where we live.
Why this matters beyond convenience
There’s a philosophical thing here that we care about. The STOCK Act exists because the public has a right to know what their elected officials are doing with their money. These disclosures are supposed to create accountability. But in practice, the data is scattered across government websites, published in inconsistent formats, and arrives with enough delay to make it useless for most people.
Apps like Autopilot made that data actionable, but only for Americans. Which creates an ironic situation: the transparency is global, but the ability to act on it is locked behind a geographic paywall.
We think that if this data is public, the tools to use it should be accessible to everyone. Not just people with a US Social Security number.
We never touch your money
One question we get a lot: “Where does my money go?”
Your money goes to Alpaca, a US-regulated brokerage (FINRA member, SIPC-insured). Every user gets their own Alpaca brokerage account in their name. TrueWallet sends trade instructions through Alpaca’s API, but we never hold, access, or move your funds. Alpaca does.
If TrueWallet disappeared tomorrow, your Alpaca account and every position in it would still be yours. We designed it that way on purpose.
The honest startup part
So where are we? TrueWallet isn’t live yet. We’re launching in beta this summer. The nightly data pipeline is operational: it collects trades, runs backtests, and updates portfolio metrics every night. The iOS app is functional. The brokerage integration is built and tested. The AI wallets are generating real allocations.
We’re a small team. Two developers who built this because we wanted it for ourselves, and realized thousands of other Europeans wanted the same thing. We’re not backed by venture capital. We’re building in the open, iterating fast, and being honest about the state of things. If you’re into that, come along for the ride.
Join the waitlist
We’re opening the beta this summer, starting with the waitlist. truewalletapp.com
Know someone in Europe who’s been frustrated by the Autopilot situation? Share this with them.
