Is Forex Autopilot System a Scam?

The Forex Autopilot trading software (FAPS) was created about two years ago by Marcus Leary and is currently used widely among foreign market traders as a way to make more money in the Forex market. He developed it with the help of Steven Strauss, a programmer with “an unbelievable head for figures”. Basically, this EA robot apes the actions of a trader and then works automatically to recognize optimal entry and exit points using superb mathematical modeling.

Leary claims that in order to use FAPS and begin reaping benefits immediately, you don’t need any previous FX experience. He also maintains that taking human emotion out of trading is best because the robot will never be greedy (or sleep) therefore always operating at 100% efficiency.

If you are looking for an unbiased, honest review of the Forex Autopilot trading software, you’ve come to the right place. When purchasing any automated expert advisor robot, you need to ensure you are buying from a reputable vendor. There are three main criteria that each vendor should posses. Below is each criterion and how ForexAutopilot stands up:

? Tweaking Ability of the Robot

The robot must be customizable. With any EA, there will be a learning curve involved. You should be able to tweak your robot to mesh with your own personal trading strategy. Forex Autopilot is fairly easy to set-up as it comes with step-by-step instructions and is able to be tweaked. Because it is so easy to configure, you can start trading within minutes of your purchase. Unfortunately, there is a lack of tutorials, which make the learning curve pretty steep. However, it does offer the ability to run more than one robot in an account simultaneously and they do cover numerous currency pairs.

? Customer Service

Before you complete the purchase, you should be able to contact the vendor with any question you might have about their product. You shouldn’t be given their sales pitch when you call. Additionally, after you make the purchase, should you run into any problems, technical or user-specific, you should be able to contact a knowledgeable representative and be given support in a timely manner. With lots of features and options available to suit your trading needs, you might be able to look past the fact that Forex Autopilot does not offer 24/7 server service, so you must have your computer on at all times.

? Money-back Guarantee

If it isn’t specifically noted on their site that you are entitled to a no questions asked, money-back guarantee, then their product is either ineffective or a scam. Another steep aspect of Forex Autopilot is the price, currently marked at just under $400.00 - but, it does have
an 8-week money-back guarantee.

While the product ForexAutopilot is a solid robot, there are better products out there that have all these features. Make sure to properly review other automated robots before you make your purchase.

Want to unlock the secret to automated Forex profits? At Forex Autopilot Review, I have cut through the hype to tell you which robots are real money makers and which are complete scams. Don’t spend a dime until you have gotten the REAL truth about Forex robots.

Jonathan Ryerson has been making a full time living trading the Forex for several years. Over this time he has tested and reviewed many of the top automated Forex trading systems.