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Friday 6 March 2009

Forex Autopilot (F.A.P.S) Review

Marcus Leary's Forex Autopilot System is my highest rated forex trading system, mainly because it works reliably and consistently, as well as being very easy to use. These aren't the only reasons it's my #1 product choice, however.

Although the design of their website may seem a bit unprofessional, the undeniably consistent trading profits you will earn after using this system, as well as the large number of unbiased user reviews, more than make up for it.

Despite being relatively new to the forex industry, they've managed to turn a lot of heads in a market that's just about as skeptical as they come; especially when one considers the overly promotional and gimmicky website!


So, let's find out exactly why Forex Autopilot (FAPS) is, due to my research, the best choice for a profitable and winning forex trading system...

Forex Autopilot System Rating:

My Rating Methodology Overall Rating

How I Conduct My Research

I determine my rating score by gathering and comparing at least 10 unbiased and unsolicited customer reviews of the product. These reviews are also supplemented with posts on message boards, blog comments and related social media sites. Opinions are only analyzed if the author is unbiased and was not influenced by a monetary incentive.


ForexVerse Rates FAPS:

9.0 out of 10

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Go to the Official FAPS Site

Continue reading my full review below...



What FAPS Claims To Do:

The FAPS system can be thought of as a product that offers an easy to follow trading plan designed to remove all the emotion, human error, and guesswork involved with forex trading. The software can recognize trends during real time, through the use of a money management system that will create profits, even if the market conditions are unfavorable.

As with any other product on the market, this software doesn't have a 100% success rate. But nothing is ever perfect. It has helped many people take their trading skills and income to new heights. If you treat the software as a means to augment your decision making processes, it will help you achieve the same results.

The website claims that FAPS literally runs on autopilot. To be more specific, as one can see from the Forex Autopilot video demonstration, FAPS works as an expert advisor scripting tool (or EA), together with MetaTrader 4 for directing trades.

The system determines the most profitable time to enter and exit a trade. It essentially calculates the most profitable entry point, and then determines the point at which your risk becomes too great.

The documentation that comes with FAPS describes exactly how you can configure the advisor script for optimal performance, no matter what style of trading you use, nor which currency pairs you use, etc.

Forex Autopilot is a tool that you need to know how to use. Make sure to study the detailed instructions that come with the software. Even if this means that you have to start using it a week later, it will be well worth your time.

Their site also claims that the system has over a 96% success rate (winning and profitable trades) according to historical tests that analyzed live trading results from 1999 to 2008. The website encourages users to verify this information for themselves.

This software can work for you even if you have little to no prior experience with forex trading. But just like any other endeavor, you will have a much better chance of succeeding if you have a solid understanding of the forex market and this software.

The Forex Autopilot System is also packaged with:

A Non-Farm Payroll Robot (this automates risky trading based on government releases; you can read a full description if you scroll about 3/4th of the way down their site)
Ultra Trend Robot (a tool for proprietary analysis that can detect a given trend's strength, as well as support and resistance levels; this can be used with Elliot waves and Fibonacci levels)
A $50 Bonus Deposit for your initial deposit
Basically, FAPS makes the same promises as its competitors, yet it does have a little more functionality, as well as a fully automated foreign currency trading system.

But how does the system measure up to the hype?

What FAPS Actually Does:

As you've already seen from my high rating for FAPS, this trading system can be relied upon for consistent profits. Furthermore, its successful trading performance is backed up by a decade of profitable historical testing.

My market research suggests that the general consensus of consumer opinion is overwhelmingly positive. According to an analysis of blog and forum posts, along with various social media sites, FAPS can be seen to consistently work for both the beginner and advanced forex trader.

The forex trading system market relies upon happy customers for continued success. As a result, the company does its utmost to offer personal assistance and support for customers. This is another reason why the system is able to remain so popular.

There are even several instances of satisfied customers posting transcripts of their email exchanges with Mr. Leary (the developer of Forex Autopilot) on forums, in order to prove to any forum members that are skeptical that the Forex Autopilot trading system is not only a legitimate business, but a legitimate EA script as well.

To put it simply, the FAPS EA script works like it says it will. And its user friendly interface, along with an easy to follow manual, makes it simple to use for traders of all experience levels.

I won't go so far as to say that a bunch of trained chimpanzees could use this system to make a healthy profit, but the average user will be able to tell, after just a few demo account trades, that the Forex Autopilot System is well worth its full weight in gold.

Or Dollars, or Euros, or Yen!

Conclusion:

Marcus Leary's Forex Autopilot (FAPS) is one of the few trading systems that truly lives up to all the hype.

The system still requires some configuration and a proper setup, but if you're willing to take the time to get used to the system with a demo account, you'll be well on your way to some automated, real life profits.

And who wouldn't like that?

You can obtain your own copy of the FAPS system by going here - or by clicking the link below...

Note: Forex trading can involve a risk of substantial loss, and is not suitable for everyone. Be sure to only trade with money you can afford to lose.

All information contained in this website is for educational purposes only and should not be considered financial advice. By using this site, you agree to my terms of use and disclaimer.


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