Best Forex Software Review
No. 1 – FAP Turbo
FAP Turbo deserves to be rated the No.1 automated forex trading software. This is the only software
that shows you their live trading report which is updated every 15 minutes. Go and have a look at it and you will understand what I mean. No other software vendor has been daring enough to do this which further instills user confidence.
This automated expert advisor has been setting new records worldwide with more than 18,000 traders currently in its clientele.
Backtestings Results From 1999 – 2008
9645 Total Trades
95.9% Winning Trades (9250 Profitable Trades)
5000% Net Profit
0.35% Drawdown
There are 2 trading strategies built into FAP Turbo:
1. Short Term Scalping Strategy
2. Long Term Trading Strategy
Each strategy is designed for its own currency pairs and timeframe. For instance, long term strategy works only for EUR/USD M1. Short term strategy works on the M15 timeframe for EUR/GBP, EUR/CHF, USD/CAD and GBP/CHF currency pairs.
These 2 strategies can be switched on and off so make sure that you use the strategy on appropriate currency pairs and timeframes. These details are readily available and clearly explained in the guide and video tutorials of the FAP Turbo package. So be sure to read them.
Both the short and long term strategies of FAP Turbo are tested and found to be more profitable than average expert advisors. In fact, we realized that the profits from the long term trading strategy work out to be more than what other competitor software can achieve. In fact, I used this on a real $3000 account and it profited $2617 within 21 days. The pre-determined fixed stop loss and take profit filters are also better in terms of maximizing profits while limiting losses.
No 2 – Forex Automoney
Forex Automoney is a renowned Forex trading signal provider. But is Forex Automoney a scam or does it
forexautomoney really work and provides true results for its users? This article will review ForexAutomoney and explains what this service does. Make sure to read it all the way through without skipping a word.
ForexAutoMoney is a membership club which provides its members with Forex trading signals. The way this works is very simple. You login to the Forex AutoMoney membership area and you select the time frame you wish to trade in. You get 3 kinds of signal services:
1. Intraday – this gives you 6 signals a day in which to trade in.
2. Daily – One trade each day.
3. Weekly – One trade each week.
But because ForexAutoMoney works with 18 currency pairs, you can get a large number of trading signals from this service.
The Trading signal includes a time, forex pair, a Take Profit price, and a Stop Loss price. You need to be able to make a trade at the appointed time. If not, then simply skip this signal and use the next one. When you make the trade follow the Take Profit and Stop Loss guidelines to the letter so that you increase your chances for maximum profits.
That is the entire process. It shouldn’t take you more than a few minutes of your time, it saves you hours in senseless monitoring of the market, and provides you with an algorithm based analysis which will vastly enhance your chances of making a profit.
Forex Automoney works with any trading platform and as it is entirely online, doesn’t require a special or complicated installation like other systems.
The Forex AutoMoney club has highly positive reviews. Of course, it doesn’t have a 100% winning track record, but it statistically improves your results over time.