Hello fellow traders, my name is Richard and I welcome you to this page. I am convinced you are here after trying out many scams forex programs, or you are just starting out.This was my reason for building this review page so as to share my various experience with traders who are thinking of buying automated forex system in order to improve their trading. Unlike before, my trading has improved significantly, and I am making a couple of grand monthly trading forex full time. but not without a cost. I am trading quite successfully in the forex market although I am not a professional trader. I now know something which I didn't know before, most of the automated forex software out there are scam. But the truth is that as a beginning or intermediate traders, we need proven systems that will consistently make us money, while we gradually sharpen our skills to become professional forex traders. But before then, how do we know scam products from genuine ones? That is why I set up this site to prevent innocent traders loosing their hard earned cash not only on these scam products alone, but also prevent situations where traders get their trading accounts blown in their faces using these scam systems. The programs listed below are the only ones that seem to work for me in order of profitability . Should you have different experience do not forget to let me know so that I can review your experience, make necessary comparisons with my own results and effect necessary updates here. Happy trading |
PipMax! Expert Advisor Review This is one product that really surprised me. The owner of this software, Michael Miller never made outrageous claims that his product will make you rich overnight. This really impressed me as most of those scam forex software claim they will turn you to millionaire overnight. Professionally packaged site and all, that of course wasn't what I was looking for . PipMax! is a relatively new products and not yet overhyped like some other products.The present cost of PipMax! is 119.00 USD,since traders are just getting to discover this EA, I suspect the price may soon go up.After downloading the program and the bonuses,the bonus pdf file in my opinion is not what I will hold in high esteem. The content though informative is what one can get free online doing some smart google search. The program itself, is quite small and at first glance very simplistic. However, the results is what really got me interested I netted 60 pips in my first trade. My second trade made me 25 pips. At the end of that first trading day, I ended up with 115 pips, winning 3 trades and losing 1 trade. One other thing that I noticed is the risk/reward ratio used by the Advisor. For every pip you risk you stand to gain 2 pips, this is good for my account.The 2nd day I made 40 pips profit after I shut down my system after the New york session. See Below my Live trading with PipMax! Expert Advisor Click here to see more results from PipMax! After purchasing and testing this robot, the following are my overall rating of PipMax! EA Updated: May -2009 Profitable: 9/10, the best for me so far Easy To Follow: 7/10 Honest Result: 9/10 Support: replies under 24 hours (tested via 4 emails) Results: 5/5 The Good:This software simply work The Bad:Nothing at the moment Recommendation:It is safe to purchase this EA |
FapTurbo Expert Advisor Review
You have probably found your way to this review site because you heard about FAPTURBOsome crazy Forex robot that supposedly is making people cash hand over fist with very little effort on their part. But is this really the case? I know what this feels like! Cos at some point I've also spent years exploring the deepest confines of the Internet desperately trying to find a way to make money from Forex trading. Hype seems to rule the ‘internet world’ at the moment and if you’re anything like me you are probably receiving at least four - five emails every day from different "Gurus" with promises of some "New Revolutionary Make Money Fast System", that will change your life overnight. Everyone is saying how great the product is, but how many of them actually tried it? Think about it…. Does It Work for Me? Without mincing words, Fapturbo is one of the most hyped EA on the internet. Most traders make the mistake of going for products with a lot of hype. I wont write much on FapTurbo but this is what i have to say; FapTurbo seriously fall sort of its bogus claims. I know i am hard to please but this one does not come near pleasing me. After 3 months of trial in futility luckily on demo, I stopped using it. Don't know how FapTurbo will work for you, but that was my experience and I've heard others report similar experiences. You may go here to see more of FAPTURBO performances. After purchasing and testing this robot, the following are my overall rating of FapTurbo EA Updated: May -2009 Profitable: 6/10 Easy To Follow: 9/10 Honest Result: 5/10 Support: replies more than 72 hours (tested via 2 emails l) Results: 3/5 The Good:For me a piece of software that does not increase my bank account is not good! The Bad: The support team not good enough Recommendation:Well, you heard me |
My personal experience with Forex Autopilot will not be complete if i fail to let you know how I heard about this EA. A friend of mine actually informed me about this software. He wanted to get my approval before buying this software. As I had not heard about the software before then, naturally I purchased it and set to work.Below are my findings and my advice to him: Forex Auto Pilot is equiped with some money management feature that allows the individual trader to turn a profit even under unfavorable conditions on the market. The system is said to be optimized for best performance on euro/usd M1 but my backtest on M1 timeframe did not return profit. However, the forward test is where I need to comment. The forward test also did not return consistent results. Although there were many profitable trades, the number of unprofitable trades outnumber profitable ones. I have been taken for a ride enough in this game for me to be perpetually wary of fraudsters that peddle craps online. But sincerely, this one isn't a scam but you are safe stating away from it. Click here to find out more details about Forex Autopilot After purchasing and testing this robot, the following are my overall rating of Forex Autopilot EA Updated: May -2009 Profitable: 5/10 Easy To Follow: 8/10 Honest Result: 5/10 Support: replies under 24 hours (tested via 4 emails) Results: 2/5 The Good:The software does not profit consistently The Bad: Low profit Recommendation:It is safe to stay away from this EA |
These days it's really very difficult to find a good working EA among tons of crap that the forex market is filled with. When I decided to review BankingFx and surf to their simple website,I noticed strange results with straight line to high profits, I must confess it looked weird to me at first. So I decided to purchase the software after I made few enquiries from the author of the software. In all fairness to the author, he made a prompt reply to my enquiry and that was under 12 hour, the quickest i must confess. I verified the backtest and was really suprised. This scalper worked fine. But I was really worried because Take Profit is so small (TP=5) and I guess not all brokers allow scalping systems to trade on real account. So before posting positive feedback based only on my backtest I decided to place it to trade on my real account. I was really afraid that the system was optimized to work well on history but would fail in real trading. Please note that there was no forward test results on their website and no reference was made to any. However, I will recommend not running the system during high volatility days when the currency makes huge moves during the day to avoid losses. Even the new release by the vendor does not nullify my earlier warning of not using the software during high volatility market. I also noted the use of the product during high spread can be perilious. My overall suggestion: Stay away from products that has none or little assurance of increasing your account. This is however not saying this EA is a scam, it isn't but its results for me has not been consistent enough. After purchasing and testing this robot, the following are my overall rating of Bankingfx EA Updated: Feb -2009 Profitable: 4/10 Easy To Follow: 7/10 Honest Result: 3/10 Support: replies under 72 hours (tested via 1 emails) Results: 3/5 The Good:The software , though promising is not stable enough for me The Bad:The EA is too pricey Recommendation:Dont buy this product |
Forex AutoPilot EA Review
ForexAutoPilot EA was developed by Mark Copeland. Please note that Forex Autopilot is not the same as FAPS system by Marcus Leary, the similarities end with the name. Apart from the site which looks really cool : chic graphics and some noise about unbeatable profits potential of ForexAutopilot...Again nice backyard and luxury Bentley (that became a tradition on forex websites... So I got really excited about it and decided to buy the system. Instructions were pretty nice too. But whast a shame, I was really taken aback with results. Results were so bad I would not take the pain of wasting my webspace posting it.Please for the love of Mike, run and stay far away from this product until you are short of breath. I would not recommend it to my worst enemy. After purchasing and testing this robot, the following are my overall rating of ForexAutopilot EA Updated: Feb -2009 Profitable: 1/10 Easy To Follow: 6/10 Honest Result: 1/10 Support: replies under 72 hours (tested via 1 emails) Results: 1/5 The Good:The software simply a piece of crap The Bad:Everything about this EA Recommendation:Dont touch this product, stay away! Click here to see more performance of Forex Autopilot System |
I decided to buy and test this software out of sheer curiousity. The salesletteron their homepage reminds me of fapturbo website, obviously they copied many marketing ideas. However there is big difference here - no live results are published on the home page which is clear red sign for me: do they really trade their system? Updated: Feb -2009 Profitable: 1/10 Easy To Follow: 6/10 Honest Result: 3/10 Support: I didnt bother with their support, results pissed me off outrightly Results: 1/5 The Good:The software simply a piece of crap The Bad:Everything about this EA Recommendation:Dont touch this product, stay away |
