Recession-Proof Yourself With The 5 Best Forex Trading Systems

Updated: October 2008
Profitable: 8.5
Ease: 10
Support: 9
Price: 8
Website: www.forexautomoney.com

Forex Automoney uses a web-based program to analyze trends for entry and exit points, making it very easy (almost a little two easy). This is my favorite software, because it can generate signals on three different strategies: daily, weekly, and intraday. So far, I have split my investment across all 3 methods of trading and found all of them to be very profitable.

The reason it is my favorite is because the interface is very easy to use, providing seriously, a buy and a sell button. All you have to do it buy and sell when it recommends. This makes it incredibly easy to use, even for someone with zero forex knowledge, however, it does make it discouraging for someone wanting to learn.

I have found this program to be a steady performer, with an average return of 48% using a combination of all three of the strategies.

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While this software is not cheap, they offer a 3 day trial for an incredibly low price, so it's good way to test the waters.

The support has been fantastic monthly subscription-based model makes sure you're up to date with the latest signals.

If you know nothing about forex, and don't really want to learn, just create a nice little cash flow, Forex Automoney is the solution.

Updated: October 2008
Profitable: 9
Ease: 8
Support: 7
Price: 9
Website: www.forexautopilot.com

ForexAutopilot, it is new forex trading system developed by Marcus Leary. The system is a nice set of expert advisors that trade currency pairs on your account. When I first purchased this software, I didn't expect it to perform as there are many "expert advisers" that use data that is either outdated, finicky, or only work with certain trading patterns.

However, when I started to backtest Forex Autopilot on historical data I was amazed with results. The Advisor made over 250% in 2007 trading over 1 lot!

Most importantly - it never lost the deposit even when I back tested it over the past six years. It is a very stable trader and Marcus and his team have done a really great job optimizing the program.

After trading with it on my live account, I am really excited about the results. To get a more indepth look into the program, Mark Larsen has done a great job providing a video review below.

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This site hosts a huge community of forex traders of all levels. As a result support can be a bit difficult to obtain. However, there are a handful of Forex Autopilot User Groups (FAPUGs) that have popped up, and always someone available to lend a hand in helping out the newer members.

Forex Autopilot is a consistent expert advisor with a great back end and a strong community.

Updated: October 2008
Profitable: 9
Ease: 8
Support: 7
Price: 9
Website: www.fap-winner.com

Let me make this perfectly clear: Forex Autopilot is huge. There are so many options when it comes to Forex Autopilot, it is difficult to field them all.

A few years ago, Charles A. Foyd, an experienced FAP trader, decided to open FAPUG (Forex Autopilot User Group), developed his own settings and trading plan (FAPTS) to help all FAP clients. The group quickly grew to over 1,700 members in only a few months!

Charles' efforts were soon noticed by FAP creator Marcus Leary, and they made Charles master FAP trader to unite the two efforts.

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Now, Charles hosts Fap Winner, a perfect follow up to the Forex Autopilot. Fap Winner provides you with automatic trading with an over 98% success rate, personalized trading strategies, online seminars, news and updates, exceptional live support, a strong and thriving community, and 1-on-1 personal coaching.

Yes, this service is expensive, however you will get unparalleled support, and by combining Fap Winner with Forex Autopilot, you get best investment for your money.

Updated: October 2008
Profitable: 8
Ease: 5
Support: 9
Price: 8
Website: www.forex-killer.com

Developed by veteran forex trader Andreas Kirchberger, Forex Killer is another expert adviser generating forex signals.

Upon first impression, the interface is certainly not as advanced, or easy to use as the other programs, and at first is a bit disappointing as a package.

However, the returns on this program are quite adequate, delivering on average, a 200 pip gain over 12 trades. The system, while not as intuitive as the others, grows on you, as you begin to pick up on the learning curve.

The support with this product is also top notch, with new versions being developed almost constantly, hosting major improvements with each one.

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However, the included bonus, "The Forex Ammo Pack" ebook, is a bit basic when it comes to a forex trading primer, and you could do better spending a few hours reading on the internet.

That being said, I am still impressed the amount of effort that has been put in developing the product, as I am constantly updated on new advancements that are being added. I think in time Forex Killer might be the next great trading system, but for right now, it has a little growing to do.

Updated: October 2008
Profitable: 4
Ease: 8
Support: 6
Price: 6
Website: www.forexfunnel.com

Forex Funnel was never my first choice, however there is so much demand around this product, I thought I would review it here. With it's impressive website design and features, it is a hard program to pass up.

Diving in, Forex Funnel follows a very simple Martingale strategy to trading. Taking its influence from roulette, a martingale strategy basically doubling every losing bet until you win or run out of money. For example, if you first bet was $1 and lost, your next bet would be $2, followed by $4, then $8, then $16, and so forth. The bonus to this strategy, as it has been proven in roulette, is that statistically you will win in most cases, unfortunately, for this technique to be truly successful, you need a lot of capital.

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The system will work, however it's not disclosed up front and you'll need at least 100K to see any decent return. For the type of trading most people are looking for (making a small stream of additional income) the investment required is just too great.

Compared to other Expert Advisers, Forex Funnel has one of the lowest returns, and by historical tests, was only substantially profitable in 2007 and only had a return of 340% over the past 8 years.

For the casual or beginner trader, this is not a good system to follow and more experienced traders will be able to get a better ROI via their own analysis.

With the global economy, forex trading has been a fantastic way to make a solid income working from home with little investment and little knowledge of the market IF you use a reputable signal adviser to guide you along the way. Remember, trading on ANY open market can be risky, so you should should start small with one of the programs listed above to get started and scale your efforts once you get the hang of it.

With that said, I look forward to your feedback. Till then, good luck and happy trading!