Forex Autopilot
Forex Autopilot (also known as FAPS) by industry insider and mathematician Marcus Leary is Forex trading robot expert advisor software. It's developed for the industry standard Meta Trader4 platform and concentrates on the EURO/USD currency pair (although it can be used on other currency pairs).
Unlike many of his competitors, Leary concentrates on teaching users how to turn currency trading into a viable stay at home business rather than using it as side income.
With that in mind, the Forex Autopilot website devotes a lot of time to presenting that lifestyle while he tells the story of what prompted him to design the software and, compared to competitors, relatively little on the theory behind the FAPS methodology.
That said, Leary claims that Forex Autopilot created 8 millionaires plus an additional 3,000 clients earning in excess of $100,000 per year. Although he offers no proof of these results he does provide a video showing FAPS in action along with a huge detailed statement of the trades the robot executed during the video and the profits those trades produced.
In addition to the robot software, Leary also includes a Non-Farm Payroll (NFP) Robot Addon designed to profit from the announcement of the monthly NFP numbers and the Ultra Trend Robot advisor that can be used for Elliot waves and Fibonachi levels in technical analysis. The Ultra Trend Robot is designed, in particular, for those who want to get involved in investing arenas outside those of traditional Forex trading.
A $500 bonus is also offered for customers that need a Forex brokerage account and who open their account with the Forex Autopilot sponsor broker. The $500 bonus is added to any initial customer deposit and is subject to the completion of 40 full lot closed tades within the first 60 days of account approval.
The Forex Autopilot package includes the FRAPS robot software, a detailed installation manual, and the two additional products mentioned above. Customer support is provided via telephone (a rarity in this industry) and the product is backed by a full eight week money back guarantee.
Forex Autopilot Official Website
Features
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Start trading with as little as $500.
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$500 brokerage account bonus.
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100% automated software.
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Bonus add-ons for the FAPS Robot Software.
Package Contents
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Forex Autopilot Robotic Software
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Manuals and Installation Instructions
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Non-Farm Payroll Robot Addon
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Ultra Trend Advisor
Consumer Comments & Complaints
FX Autopilot has adjustable stop loss and profit parameters as usual and the settings are easily followed. Over the last 6 weeks it has shown about 35% return on EURGBP pairs which is respectable and is partly due to the in-built money management settings that keep risks down and is good in unfavourable market conditions which, overall we found Forex Autopilot to be consistent during various different market conditions. In addition the software includes a unique 'Fibonacci' formula to increase the number of trades during overlapping market hours. We have had a higher number of losing trades with FX Autopilot compared to some other robots but to counter this we have also had larger winning trades. Comment from www.forex-trading-master.com
It will obviously be better if you have some background in either Forex or other types of trading so that you understand the risk taking mindset. The number of losses is kept to a minimum in the Forex Autopilot trading system, with 93% to 96% profitable trades reported by different sources. This is great, but of course it means that when a loss does happen, it is bigger than if you were accepting small losses more frequently. Comment from www.squidoo.com
As a relative newcomer, they've sure managed to make a splash in a marketplace that's as jaded and skeptical as they come - especially considering the initial "turn off" that some of us might have regarding the 'infomercial-style' website... Comment from www.forexshortcuts.com
I bought Forex Autopilot months ago. On the test run I had mostly wins. When I went live I had a few small losses and was concerned, but I stuck at. Since then I have made $7000 profit Comment from www.forexforum.net
I purchased the EA on 12/26 and was completely horrified when I saw the number of posts in the member forum about activation problems with the new version. I was able to access the forum and for some reason (s) something went wrong and I am unable to login. Four emails to support have bounced and the phone help is almost none existent. As a new customer, I am not happy with the service so far and wonder how long it will take them to fix the problem. Comment from www.forexpeacearmy.com
More Information
Visit the publisher's site for more information including a complete feature list, proof of income, and customer testimonials.
Forex Autopilot Official Website
Product Data
| Product Name | Forex Autopilot |
| Product Type | FOREX Trading Robot / Expert Advisor |
| Author | Marcus Leary |
| Website | Forex Autopilot |
| Return Policy | 8 week full refund guarantee |
| Format |
Software
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| Delivery | Instant download |
| Currency Coverage | Multiple |
| Price | $99.50 |
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