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Saturday, September 27th, 2008

Forex Autopilot Review - Must Read Before You Invest

Forex Autopilot, a new forex automated trading system, appeared in the marketplace earlier this year, put up by Marcus Leary. At once, Forex Autopilot reviews started appearing all over the internet. Most of them said it was great - but like all of us, they are on commission. So what is the truth?

The Forex Autopilot robot may raise suspicions because it is marketed as a total solution for the lazy ordinary person who wants to make a lot of money without doing any serious work or training. All he needs to do is put in a couple of clicks of his mouse every now and again while he sips at brightly colored cocktails on a tropical beach. We have all heard this before and it makes us wonder if this is a Forex scam.

However, you can be reassured on this point because Forex Autopilot is sold by the reputable online marketplace Clickbank. You are not buying from Marcus Leary but from Clickbank, and they have a money-back guarantee policy which is not dependent on the product owner. What this means is that if you have a complaint within the guarantee period, Clickbank will refund you and recover the money from the product owner themselves. So they would not keep selling a product that was a scam - way too much hassle! - and the Forex Autopilot robot software has been in their marketplace for several months. This is a very good sign of its integrity.

So how skilled do you need to be to make money with the Forex Autopilot robot, and how much time does it take?

It is true that theoretically this Forex automated trading system could easily be managed by someone new to Forex trading. Anyone with basic computer skills should be able to set it up. You don’t have to do any programming and the instructions are clear.

For beginners there is a demo mode but even so, experience in some kind of trading (or even professional gambling) is best, so that you can keep a cool head when dealing with risk. The Forex Autopilot robot reports 93% to 96% profitable trades which is great, but because of this, when a loss does happen it can be substantial.

Obviously you are advised never to risk more than say 20% of your available fund at one time, so that even a wipe-out would not break the bank. However, when you buy the Forex Autopilot software I recommend starting in demo mode to get used to the ups and downs of trading before risking real money.

The winning point for me, what makes me come down in its favor in this Forex Autopilot review, even for a complete beginner, is the combination of the demo mode and the no-questions guarantee. This means that you can use the Forex Autopilot robot with no risk at all. Simply run it in demo mode on the real life market and if it fails to impress, ask for your money back within the 8 week guarantee period. Of course if it does great (which I think it will) you will be kicking yourself!

In case you cannot find it on the page, here is the coupon code that you will need to earn yourself a 75% discount: 75off

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