Is Forex Trading a Scam?

This is a question many people are asking. Forex is often over-hyped, promising huge investment returns. The truth is many people do lose money trading Forex. However, this does not have to be the case. With the right tools, training, and understanding of the risks, Forex trading can be very profitable.

Whether your looking to trade Forex or stocks you need to be ready for losses. The good news is you can open practice accounts where you trade "play money", also there are programs which help you learn and make profitable trades so you're not entirely on your own.

Trading Forex can be hugely profitable! It is not a scam, you just need to have the right assistance.

I highly reccommend Forex AutoMoney. This program uses the latest technology to assist you in making trades and teaches you all you need to know about the Forex market.

Don't go in unprepared.

Good Luck and Happy Trading!

Sunday, May 17, 2009

Let's Compare FAP Turbo With Forex Boomerang....

Fap Turbo Vs Forex Boomerang - Forex Turbo Vs Forex Autopilot
By Arinze Chukwu

I was lucky to try out the Fap Turbo, Forex Autopilot and Forex Boomerang. I am going to compare and contrast both of them and tell you the one that is more better. Now it is one vs the other.

Features: Fap Turbo has many features which you can adjust to suit your trading pattern. Though its default setting is still profitable but you would get better results if you alternate it with the knowledge you have gained from trading the forex. But as for Forex Boomerang, it doesn't have as much settings as Fap Turbo has. This doesn't imply that Forex Boomerang doesn't have its own setting, but that of Forex Boomerang is less. Talking about that of autopilot, it stands in the middle between the first and second.

Fap Turbo has the latest in forex mathematical algorithms. Algorithms are essential in getting profitable trades from forex due to it react to market conditions. It came out ending last year, which makes it up-to-date with the latest foreign exchange strategies. Forex Boomerang was released in 2007. It has outdated foreign exchange mathematical algorithms. It works based on the way it was designed to trade based on foreign exchange 2007 market reaction and it would interest you to know that it has been outdated. To be frank, I don't know the way Forex Autopilot algorithms work.

Customer Care: The customer care offered by Fap Turbo is good. I rate it 4 stars. It has a listening customer care. It can take about 30 minutes to get your reply for the questions you asked. Forex Boomerang customer is also efficient but not quick when compared to Fap Turbo.

Profitability: Fap Turbo has a winning rate of 95.43% with a draw down of 0.35% but Forex Boomerang has a winning rate of 60% with a draw down of 5%. This makes Fap Turbo better than it in terms of finding profitable trades.

Duration: Fap Turbo can trade for you even when your PC is not turned on, meaning you won't miss any profitable trade. It requires hosting it on their server while it trades for you when your pc takes a break. Forex Boomerang isn't made to work this way. Once you turn off your PC, trading is over for you till you turn it back on, meaning if a profitable trade comes you are going to miss it.

You can find more info about FapTurbo and the ways to get the best out of it at http://modospot.com/review/fapturbo.html

Article Source: http://EzineArticles.com/?expert=Arinze_Chukwu http://EzineArticles.com/?Fap-Turbo-Vs-Forex-Boomerang---Forex-Turbo-Vs-Forex-Autopilot&id=2303813
Posted by SHD at 6:04 PM

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1) Forex Auto Pilot

We back-tested this robot! Our overall results averaged about 47% profit every month (5,000% divided by 102 months which is 9 years)...

In live trading, you can see the proof this program offers(watch the video here) Since the video has been made, results have actually improved

This is definitley not a scam product. It does work, and has clearly been shown to allow you to make massive profits when used correctly.

If you're thinking about starting to trade Forex for yourself, and do not want a phony product, I seriously think you should consider FapTurbo.

4.5/5 Stars!

2) Forex MegaDroid Robot

This is simillar to FapTurbo. While not quite as popular, the MegaDroid Robot trades with deadly accuracy.
Building a robot to trade automatically is not very difficult, however it only works if it make profitable trade reliably. This is where MegaDroid Robot shine. It has proven itself over many years to be realiable, profitiable, and easy to use.
4/5 Stars
3) Forex Ambush

The Reviews are in on Forex Ambush. I have not personally reviewed it, but based on what I have heard and the cost I would recommend one of the other products. However, your experience may differ, you should at least check it out.

3/5 Stars
4)Forex Killer
Forex made easy. This sums up Forex Killer.

A scam? Definitley not! This might be the best program for a newbie who is trying to trade forex! I highly reccommend this one, however, I do suggest you look at these top 5 Programs and see which one best suits you and your budget.
4/5 stars

5) Forex Automoney
I quite like this program, as you can get started for as little as $4.95!
This might be worth your while for acess to the information you need before you spend a fortune on a robot or system that your not entirely comfortable purchasing.

5/5 start(it's cheap to get started!)