Automated Easy Forex System .com

Marcus Leary’s Forex Autopilot software hit the market earlier this year to rave reviews. It is billed as the perfect solution for lazy people wanting to make tons of money on the internet without doing any more than clicking a mouse once or twice a day between cocktails or surfing on the beach.

But what’s the truth? We reveal the results of our investigations in this Forex Autopilot review – and it’s not what you might expect.

The advertisement claims that you need:

* no knowledge of Forex trading
* no skills
* very little start up capital
* no website
* no long hours slaving over your laptop

So, the big question: is it true?

Firstly, I want to be completely open with you here so I will declare an interest. I do earn a commission if you buy Forex Autopilot through my recommendation. This is normal business practice and it will be true of every Forex Autopilot review that you read and also all reviews that you see for anything else on the internet. In some cases, it leads the reviewer to be ‘economical with the truth’. I prefer to tell you upfront and let you decide for yourself.

Forex Autopilot is an automatic currency trading bot that makes trades on your behalf working from a fund which you set up to start. So it is quite true that once you have it set up, you can leave it to run. You do need to set some parameters in the first place and if you haven’t yet worked out what Forex even stands for, you will have a little learning to do.

However, anyone with trading history should have no problem with this. The system is certainly simple to set up, even for a beginner.

There is also a demonstration mode so that if you want, you can run a dummy account for a few days, weeks or even months to check how it works in practice before using any real money. This is highly recommended, especially for beginners – though it is tough to watch patiently while the system makes a lot of profitable trades that you didn’t have any real money on!

Forex Autopilot review – what to watch out for:

The system runs on the Meta Trader 4 API platform which you can download for free. You don’t need to do any programming, that’s all been done for you, but you will need a fast and reliable internet connection to make sure the robot advisers act for you at the right moments. They will work any time that your computer is connected to the internet. Of course you can close off trades if you need to switch off your computer, but you may have to take a loss if you close out at a bad time. So while you have open trades, you will want to leave your computer connected 24/7.

Stop loss settings in the software can be an issue. Forex Autopilot has been set up to make many small profitable trades (figures quoted are between 93% and 96% profitable trades). Losses are rare but to give this percentage of winning trades, when a loss occurs it is likely to be considerable. This means that there is a risk of losing the bank if you are unlucky enough to hit a loss in your first few trades.

However, all the tests that I have seen show profits in the long term, so the answer here is to divide your bank. Certainly never have more than 50% of your total capital at risk at one time, and I would recommend around 20%. This will of course mean that you make less on each successful trade, but it should protect you from the risk of going bust before you have a chance to build up a good stack of profits.

With that said, I would say if you want to get into forex trading without doing so much training that you could practically become a broker yourself, this is the way to go. You can even do it risk free. Here’s how:

Forex Autopilot offers an 8 week guarantee with no questions asked so why not grab the software now, run it in demo mode for a few weeks and see how you feel. If you don’t like it, you can get a refund and you have lost nothing. If on the other hand it turns out to be all you hoped (which I think is very likely) you can fund a real account and start making money.

Click here to read more about Forex Autopilot and use the coupon code 75off to get a 75% discount on the first advertised price.

Forex Autopilot review by Malcolm Davies & Jason Cline

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