FX Online Trading - We evaluated the top money making trading systems
59FX Online Trading - Which systems did we like?
The FAP Turbo trading robot has been the most popular automated FX online trading system so far in 2009. Is this popularity justified? The purpose of our FX online trading system review process was to answer this question. Over the past 6 months there have been a number of these automated trading robots to hit the market so we did an investigation and comparison to see which (if any) FX online trading systems actually worked, and then ranked our top choices. (more on our top picks later)
What did we discover from our FX online trading system review?
A lot of the automated systems or "robots" that we evaluated during the FX online trading system review were nothing more than over priced junk. It's not that they were a rip off or anything like that, but rather they just never lived up to the potential of what an automated trading system should be able to do in theory. It seemed as if the algorithms used in their software were not able to consistantly calculate market moves. The good news is that we found some trading robots that actually lived up to their claims, some of which were quite boastful.
All of the top trading robots in our review had certain common traits. They had to be able to run on complete autopilot, that included the actual trade executions. The reason this is important is that the fundamental purpose of an FX online trading robot is to take all emotion or decision making out of the trading process (in other words, let the predictive capabilities of the technical analysis do it's job). They also had to be able to execute trades quickly and with high activity, 10-20 trades per week. This is where the profits start to accumulate. And lastly they had to withstand back testing to prove that they will produce profits under any condition. In this test, the FAPTurbo automated trading robot actually tested back 9 years, with impressive results
How did the automated FX online trading robots do in our comparison?
Of the many FX online trading robots we evaluated, we found 3 that we could recommend and have them ranked as follows:
1. FAP Turbo - The FAP Turbo trading robot was our top pick as it gave the most accurate trading signals (and successfully executed the trades) resulting in the largest profits. It had great customer support which was important to us. Another attribute that was extremely impressive was that it had the highest customer satisfaction. This is measured as a function of refund rates which was near zero. Amazing!
2. Forex MegaDroid Robot - The Forex MegaDroid trading robot came in second as it also did quite well in our evaluation. It gave accurate signals (and trades) and was extremely good at handling different market conditions. Their customer support was also great.
3. Forex Ambush 2.0 - It rounded out our top 3 as it also impressed us with it's ability to make extremely accurate and profitable trades. They also impressed us with their product support.
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