Does This Constitute a Forex Autopilot System Scam?

Feb 20
23:52

2010

Toby Litrell

Toby Litrell

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Forex Autopilot is arguably the most popular automated forex trade program a trader can use today in the forex market. With so many conflicting reviews as to its effectiveness, I decided to use their money back guarantee and test it first hand, so here is what to know about this program.

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Forex Autopilot is one of the most popular of all of the forex auto trading programs designed to place and end trades for you in the currency market automatically so that you don't have to lift a finger. I tested this program myself taking their full money back guarantee into account sometime back. Recently someone asked me my thoughts on this particular forex program,Does This Constitute a Forex Autopilot System Scam? Articles so I decided to put together this review for all of those who have been anticipating a Forex Autopilot system scam.


This Forex Autopilot is by no means the latest in forex auto trading programs around these days, but it is one of the original best sellers and one of the first trading programs which put this technology on the map in general. How this program works primarily to trade for you is by analyzing/following real time market data around the clock. It uses algorithms which anticipate trends and trades accordingly.


Conversely, when you are invested in a profitable trade and suddenly the market fluctuates out of your favor, the program recognizes this and trades away the now bad investment as quickly as possible.

Overall, I think Forex Autopilot is a great system and certainly an innovator which continues to pave the way for future forex systems such as its own next in line from the same publishers, "FAP Turbo".


For around $100 you get a sophisticated forex auto trading program/safety net for your campaign which trades effectively for you without emotions or guesswork and around the clock which is great given the 24/5 schedule of the market. And you get all of this for that one time fee as opposed to paying out large commissions or monthly fees to an expensive broker to get the same services.


If pressed, my only complaint about Forex Autopilot is that at times it trades too riskily. For example, I've made a great deal of money from some of the trades which it has jumped in on, but by the same token I've lost money on some of its trades as at times it can be a bit too aggressive. Obviously the publishers recognized this because they designed FAP Turbo to focus on lower risk/reward trades exclusively, so in the long run I've made more money with that system.


So there really is no Forex Autopilot system scam to speak of, and if you're new to the forex market or simply don't have the time to devote to it, this is one of the better forex auto trading programs to have in your corner.