We all know that theres a LOT of money to be made in the forex trading market. The newest and easiest was it by using a robot that trades for you 24/7. I’ve purchased the top two rated robots and have been keeping tabs on their progress.
MegaDroid:
Although MegaDroid was recently released to the public on March 28th it has actually been running since 2004. I have great respect for the creators for testing and perfecting the robot for so long. MegaDroid is the first to use RCTPA technology and is considered to be capable of making very fast trades with 95.82% accuracy. One of the leading problems with the older robots was the inability to open and close the trades fast enough. Since megadroid has only been available to the public for 1 month, there is not a lot of feedback as to how the robot is doing for the general public. For myself, I can say that it is making a steady profit day after day.
MegaDroid is my number one choice for beginners who have little to invest and need a place to start. For those with a larger investment see my review on Fap Turbo.
Forex MegaDroid also offers easy installation, an introductory low price at $97 (soon to be $399), 24/7 support, instructions, member-only access, 1 trading license, very fast trading capabilities, and an outstanding robot that will trade for you 24/7. Its never been easier to make money while you sleep!
Summary: MegaDroid is my number 1 choice for beginners, those with a small investment amount, and those that already have Fap Turbo and want to run more than one trading account.
Get MegaDroid Now….CLICK HERE
Fap Turbo:
Fap Turbo is my favorite choice when it comes to those with larger investments and those with experience in the forex market. Its been around since 2007 and it immediately blew all of the other robots out of the water within a week of test time. My one rejection to fap turbo is that the installation process could be difficult for beginners. I myself had to use customer support a few times before I got everything set up. If you’re familiar with the installation process, you’ll be fine. Since Fap Turbo has been out for quite some time, there is a large amount of information out there from the general public about its successes. You’ll also have access to the Fap Turbo Forum after purchasing. This is very helpful if you’re curious to see how others are doing.
Fap Turbo offers an average installation experience, a decent price at $140 (sale price), 24/7 support, member-only access, 1 trading license, super fast trading capabilities, tons of proof of success, a 60 day money-back guarantee, dual download options (You can chose the beginner or pro version of the robot)
Summary: Fap Turbo is my number 1 choice for those with larger amounts to invest, those upgrading from MegaDroid, and of course those who just want to have multiple robots working for them. I myself have fap turbo and megadroid running 24/7 for me.
TIP: Fap Turbo is going to recommend using FXDD as your metatrader broker. I do not recommend them. Their spreads are far too high for Fap Turbo to trade well. My fap turbo has been most successful with my Alpari US account.
Get Fap Turbo Now…CLICK HERE
Here are the two top rated forex trading robots!
The Forex MegaDroid
(best for beginners or those with abate accumulated to arrangement with)
The Forex Fap Turbo
(best for experts or those with aloft trading accounts)
Fap Turbo VS Mega Droid: Which Forex Bot is better?
Posted by Hot Forex Reviews | 9:54 AM | 0 comments »Forex alerts are a handy way of staying on top of the market
Posted by Hot Forex Reviews | 1:01 AM | 0 comments »
Because currency exchange covers the entire world and all 24 time zones, forex is a 24-hour-a-day market. This is good in that it results in billions upon billions of dollars of transactions per day. But it also means that forex traders have a constant influx of information to keep track of, unlike the stock market, where once trading closes at 5 p.m., that’s it. So how do forex traders stay on top of things? Most of them use forex alerts of some kind.
Forex alerts are available from many online forex brokers and other companies. A forex alert is simply a message sent to the user informing him of the latest developments in the forex market, often recommending action of some kind. These alerts can be sent via e-mail or cell phone text message.
The idea behind them is that no one can follow all the markets all the time. Even if you limit yourself to just the “majors” -- U.S., Eurozone, Great Britain, Australia, Japan and Switzerland -- that’s still 15 currency pairs to keep an eye on. What’s more, sometimes things are steady for long periods of time, while other periods are marked by great activity.
The sites that offer forex alerts go about it in one of two ways. Some simply send out alerts every 24 hours, offering the latest info on the forex market. Others send alerts only when something crucial happens. These systems use formulas of their own to determine what constitutes “something crucial,” and they may charge a lot more for their more specific alerts. And of course it’s still up to the individual trader to act on or disregard the information send to him in the alerts.
Some brokers include forex alerts as part of their service, while others charge for them. Some are part of a wider alert program that also handles your stocks and bonds. You can tailor the type of alerts you get based on whether you’re a conservative or aggressive trader, and how actively you plan to trade.
Serious traders who use forex alerts swear by them. No system is perfect, of course, and a smart trader will always do a little browsing on his own to make sure his latest alert didn’t miss anything. But alerts are an invaluable way for busy investors to go about their daily lives without having to constantly watch the forex rates.
Let Your Money Work for You with Automated FOREX Trading
Posted by Hot Forex Reviews | 10:39 AM | 0 comments »
Automated FOREX trading is exactly what it sounds like. A highly sophisticated and complicated computer program uses mathematical algorithms to determine when to buy and sell currency, and it makes the trades for you. You put an initial investment into the account, and then let the system do all the work for you.
It may sound risky to let a computer program choose when to buy and sell currency, but automated trading can often be safer than doing it yourself. Humans are subject to error, to misreading charts, and to overlooking data. Humans can also let their emotions get in the way of making smart decisions, like the gambler who loses everything because he just can’t tear himself away from the blackjack table.
An automated trading program has none of those flaws. With the software doing it for you, it’s as if you were always watching every market, noticing every trend, instantly analyzing all available data, and making the smartest decisions.
There is a cost for this, of course. Most brokers that offer it require a minimum investment of several thousand dollars or more, and they may charge a fee on top of that.
But the benefits of automated FOREX trading can be great. Whereas manual trading requires an investor to study the market intensely before jumping in to it, automated trading requires no training at all. Learn the very basics of how the market works so you can tell what your automated system is doing for you, and that’s it. Sit back and let it make your money work for you.
Automated trading is also useful for companies and other institutions that want to diversify their assets but don’t have the time or resources to devote to FOREX trading. If a computer program can do it for you, there’s no need to have one of your employees handle it, right?
It goes without saying that automated trading systems rely on technical analysis rather than fundamental analysis. That is, the algorithms examine past market performance and general trends and base their trading decisions on that, not on external factors such as politics and environmental concerns, which may affect a nation’s currency. Nonetheless, automated trading has proven to be highly effective and accurate for many investors, freeing up their schedules to focus on other things.
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