Forex Reviews Rated

Verified FX

Cam Forex — Mon, 14 May 2012 10:56:06 +0000

After seeing a few good reviews of Verified FX, James Stapleton’s signalling system that runs via a trade copying EA, I decided to give it a try.

It’s no surprize the results on their site are “verified” by the likes of MyFXBook using a live account (not demo). And on further investigation I pulled together some highlights from this promising looking service…

Verified FX Essentials:

Signals sent via a trade copier EA
Ability to scale your lot size inline with their master account
Enough “Inputs” to manage your level of risk, e.g. Max. open trades
Est. 6-9% gain per month using conservative settings
Expect a 77% win rate
Trades EURUSD currency pair only
Up to 10 open trades (but very rare this should happen)
SL and TP are hidden from brokers
Not a “spread sensitive” system
SL varies depending on market volatility
Averages about 1-2 trades per day
Maximum draw down will be less than 35% of your deposit
Trades Friday’s and other news days without worry
Strategy is based on price averaging, hedging and advanced money management

So, on paper everything looks solid. The results match up with the promises and system specs. It could do with a little more history, but when you’re running live accounts that are used for marketing purposes, this is often a luxury. So I’ll forgive them for this

Without further ado, let’s see how it goes in the lab… I’ve got a good feeling about Mr Stapleton’ system!

Test 1: Vendor Live Account

2009 to June 2011 Strategy Test results.

Test 2: Demo Test

Currently running Verified FX on Alpari UK, testing started on 14th May 2012. Default settings used. Current results are as follows:

Current Floating Profit ($)	Total Balance ($)
0.00	5003.04
View our Verified FX Demo Test Statement

Lab Result:

Live Trader EA

Cam Forex — Wed, 02 May 2012 20:11:42 +0000

Live Trader EA is a middle term fully automated Meta Trader 4 expert advisor. This expert advisor is developed to open trades on many market conditions and uses dynamic stop loss and take profit levels depending on market position. This product can be used on any account size, however we recommend no lower than $100 US. This EA is used on GBP/USD and USD/CAD currency pairs on an H1 timeframe. It is a simple to install product and runs on any broker (4 digits and 5 digit brokers). It has a built in money management which assists and protects your account. As it is not a forex scalping robot, it is not heavily influenced by the spread. It also does not use a martingale or grid strategy. Unfortunately, there no refund policy for this EA.

Live Trader EA has the following features:

Currency pair GBP/USD and USD/CAD on H1 timeframe
Can be used on any size of account
Runs on any brokers (4 digits and 5 digit brokers)
Built in money management
It is not a scalping robot
No martingale or grid strategy
No refund

FX Profiler GBP

Cam Forex — Thu, 26 Apr 2012 18:55:02 +0000

After a trader friend of mine put me onto this service I have to admit I’ve been impressed with the professionalism and high levels of service and thought they have put into providing high quality automated trading signals.

FX Profiler GBP is run by a team of traders who started in stocks, derivatives and gold. The head trader started trading in 1997 and professionally for a living since 2007.

The team have spent considerable hours working out the best way to send their signals to an MT4 platform via a trade copier EA. This is not as simple as it sounds and has resulted in them choosing to partner with Hot Forex as their preferred client broker.

FX Profiler GBP review essentials:

Team of 3 professional traders manage the signals
Team worked on high profile commercial EA’s and systems
77% winning trades
20 pips ave. win
17 pips ave. loss
Ave trade length 14.5 hours
Hedge – Grid – Scalping base strategy
Other GBP pairs and strategies can run on top of base strategy
$500 starting capital minimum
$1,000 starting capital recommended for maximum growth
Non FIFO/Hedging Allowed brokers with 500:1 leverage work best
Hot Forex recommended for best performance and pricing

Pricing:

Hot Forex Broker Option (recommended for best performance & price)

Step 1. Open Hot Forex micro account with 500:1 Leverage
Note: You must use the link above to open your account or reference Introducing Broker ID “12518″ to receive this price
Step 2. Pay $169 USD annual fee to activate signals ($5/mth VPS option available)

Other Broker Option

Step 1. Pay $349 USD annual fee to activate signals (no VPS option)

For further assistance in opening your account please post your comment/questions below.

I’m running FX Profiler GBP in the lab, so let’s see how it goes…

Test 1: Vendor Live Account

Myfxbook.com results from March 2012. Updated ongoing.

View Vendors Live Account results

Test 2: Independent Demo Test

Currently running FX Profiler GBP on Hot Forex demo account, testing started on 25 April 2012. Current results are as follows:

Current Floating Profit ($)	Total Balance ($)
0.00	4522.37
View our FX Profiler GBP Demo Test Statement

Lab Result:

Please note: use the google translator tool to translate the German page after clicking the Visit Site link. Also note, the information above has been reviewed by the FX Profiler GBP team and covers the detail you’ll find on their landing page.

Forex News Trader

Cam Forex — Sun, 22 Apr 2012 09:06:40 +0000

Forex News Trader is a trading system. Default currency pair EUR/USD. It is a automated software. There are SMA and MACD filter for overall trend. In this software, it is easy to GMT off setting. It has maximum spread/slippage filter. Expert name can be changed for comments/broker. Comments are displayed on the chart to show all the process properly. Trailing can be stopped using true/false switch. It is tested with 99% modelling quality using tick data from Dukascopy. It uses non martingale strategy which incorporates a stop loss. This software works on any broker with no hedging required. There is no minimum deposit. It is capable of MT4. It has got life time support and update. This system is tested and updated on a regular basis and any personal modification is accepted and free. 60 days money back guarantee.

Forex News Trader has the following features:

Default currency pair EUR/USD
MT4 capable
Maximum spread/slippage filter
Trailing can be stopped using true/false switch
Works on any broker
Non martingale strategy
Easy to GMT off setting
Profit trade 100%
Loss trade 0%
60 days money back guarantee

Fore Sight FX

Cam Forex — Sun, 22 Apr 2012 09:05:15 +0000

Fore Sight FX is trading system developed by Carlos Diaz. Currency pairs EUR/USD and GBP/USD. The trader himself will explain the trading strategy via video 24/7. One of the key indicators of the trader came up with using MACD. He will give you exact time of Entry/Exit point of the market. The trader will show a thorough walkthrough on, how to Plan – Draw – Execute the daily forecast. Precise placement of their highly calculated stop loss, 3 most probable profit target objectives and the position where the trades should be placed. 30 days money back guarantee.

Fore Sight FX has the following features:

Currency pairs EUR/USD and GBP/USD
600-800 pips
Explanation of the trading strategy via video
MACD
30 days money back guarantee

Logical Forex System

Cam Forex — Sun, 22 Apr 2012 08:29:42 +0000

Logical Forex System is trading system develop by Thomas Heist. Its currency pairs are GBP/USD and EUR/USD. It is 100% mechanical, rule-based system. This system does not require any judgment or huge capital. It just needs a 5 minutes setup to start the system. This system can be used anywhere and anytime. It does not have any complicated charts, fancy terms or anything to interpret. The rules of the essential money management are set by the professionals. The trader is given “Trading Psychology Training video” and “Money Management Science Training Video” as bonus.

Fx Green dragon has the following features:

Currency pairs are GBP/USD and EUR/USD
100% Mechanical
5 minutes setup
Up to 509 pips

Forex Breakthrough Formula

Cam Forex — Sun, 22 Apr 2012 08:26:04 +0000

Forex Breakthrough Formula is a manual trading system developed by Harry Broderrick. It is a very easy trading system. This system generates buy and sell signals with laser-precision. First you have to copy and paste them into your trading platform. In this trading system no trades is executed without your permission. To get started with this system, you just need “three click install”. There is minimum trading amount. The main system is priceless and bonus system (Magic Scalping System) worth $499. The trader is offering 100% money back guarantee for this system. This system has a trade alert software which provides all the profitable signals (entry/exit/SL/TP) on autopilot. It is one time investment only. It works both day and night on different market sessions. It is best used during the first 5 hours of market opening for any currency pairs you select for your trading. You can start with $100 with a demo account. In each and every single trade, you can use Stop Loss.

Forex Breakthrough Formula has the following features:

Any currency pair can be used
Generates buy and sell signals with laser-precision
Three Click Install
Main system is priceless
Anytime Stop Loss
Profitable signals (entry/exit/SL/TP) on autopilot

Auto Signals Pro

Cam Forex — Sun, 22 Apr 2012 08:24:18 +0000

Auto Signals Pro is signals developed by team of seven traders. Currency pairs EUR/USD and GBP/USD. This software uses MT4i live platform. This software has 7.82 profit factor. The team says that if you become apart of Elite Inner Circle,it will make 28.8% total return per month. It is 100% auto-pilot 24/5. It has adjustable settings that allow you to trade conservative or aggressively. According to trader 353.93% return in just 177 days. They have dedicated on-call support team 24/7.

Auto Signals Pro has the following features:

Currency pairs EUR/USD and GBP/USD
Uses MT4i live platform
416 Pips
Profit Factor 7.82
100% auto-pilot 24/5
Meta Trader 4
on-call support team 24/7
60 days money back guarantee

Auto Pip Predator

Cam Forex — Sun, 22 Apr 2012 06:56:45 +0000

Auto Pip Predator is a trading system developed by Lukas Murray. Currency pairs GBP/USD and EUR/USD. Trader says it has a flawless risk management strategy.

Auto Pip Predator has the following features:

Currency pairs GBP/USD and EUR/USD
Profit Trades 99.56%
Loss Trades 0.44%
Long positions 100%
Modelling Quality 90%
60 days money back guarantee

Trade Vantage

Cam Forex — Sun, 22 Apr 2012 06:51:18 +0000

Trade Vantage is a Forex signal develop by Dustin Pass. Trader says that it is an excellent software but without proper money management it will destroy you. No analysis or monitoring is need for this software. In this software, you can use any currency pair. It uses MT4 platform. It is said as Neural Network software and has accuracy up to 87%. Trade Vantage is not for sale yet. It does not trade for you. There are five possible recommendations for this software. You can Buy : enter a new trade, Sell : enter shorting the market, Close : close out an active trade, Hold : hold an open trade and No Trade : No current position, stay out of market. The trader says that the software is very powerful, so it might make a major difference in your trading. It will help you to avoid bad trades.

Trade Vantage has the following features:

Any Currency Pair can be used
Uses MT4 platform
Accuracy up to 87%
In some stage 2000 pis draw down