You've probably heard all about it by now - how a couple of forex traders got lucky and made millions. You've also no doubt heard about hundreds of dirrent types of "automatic Forex trading" software, all of which promised to make you rich too. They can't all be telling the truth and with so many different ones out there, how can you make a good decision? To help you out, we've taken a look at three of the most popular choices for automated Forex trading software and rated them by their reliability, ease of use and set of features.
The first consideration for any software is usability. In this department, Forex Autopilot and Forex Killer both leave something to be desired. Forex Pilot has an unintuitive interface, just the opposite of what you want for a complex financial application. Forex Killer's interface is to put it mildly, a mess. With data scattered all over the screen, it is intimidating even for the experienced Forex trader to use. After a few days of testing these two packages, Forex Tracer came as a welcome change of pace. With controls lined up neatly in its simple, intuitive interface, this was far easier to use than were the other two. Another rproblem which cropped up with Forex Killer were the frequent misspellings and grammatical errors (the program was developed in Germany), making it even more of a hassle to figure out. Forex Tracer, on the other hand had simple explanations of all of the frequently used Forex terms.
Forex Autopilot touts itself as "proven, no-guesswork software". In our testing, however, Forex Autopilot made some trades which according to our resident Forex expert, were counter all known Forex logic. Forex Killer, on the other hand uses "complex mathematical algorithms" and performed only slightly better than did Forex Autopilot; our Forex expert wasn't enthralled with this software either. The automatic trading used by Forex Autopilot as discussed above does not always make the wisest decisions. This can result in big losses, so beware… Out of the three reviewed, Forex Tracer came out ahead in terms of its decision making. 19 out of 20 times, our Forex expert agreed with the decisions made by the software. So for reliability, Forex Tracer again comes out ahead.
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Out of the three reviewed, Forex Tracer was the easiest to install and configure as well. Especially helpful is that Forex Tracer can also be used on demo accounts so a newly minted Forex Trader can get a feel for the software before using it with real accounts (and real money). On the basis of the important factors of usability, features and reliability, Forex Tracer is the clear winner here.
Bottom Line Verdict: If you are looking for a reliable Automated Foreign Exchange Trading Forex Tracer is definitaly for you. It is reliable and produces the best results in the shortest period of time possible.
--> Price: $97 (introductory price)
--> How It's Delivered: Instant electronic download delivery.
--> What You Get: Compressed (zipped) file contain forex tracer expert advisor and a document explaining how to load Forex Tracer in minutes + Free Bonuses
--> Bonuses: series of well done videos explaining step by step how to install Forex Tracer and start trading + "The Cherry Picker" Custom Indicator +$100 Free Bonus in live trading account.
--> Value of Bonuses ---> $529
Forex Tracer Value for Investment: Extremely High
Money Back Guarantee: Full 100% 60 days money-back guarantee
Forex Tracer is still the best Forex Trading Software in 2008. Experience the full power of Forex Tracer even if you are complete beginner.
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