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Forex Autopilot System Review

 

Is forex autopilot system a scam?

This is a review of Marcus Leary's Forex Autopilot System and not of forex-autopilot-system.com by Mark Copeland.

Forex autopilot system by Marcus Leary is similar to other software robots that analyze the forex market in order to detect trends. But nobody can predict the Forex market conditions with certainty. You should not depend 100% on forex autopilot software alone. Note that forex auto pilot system (FAPS) works with MetaTrader4 platform only.

Forex autopilot may help you buy and sell at the right opportunity. The FAPS Expert Advisor relies on internal indicators to decide when to close trades and has no default fixed 'stop loss'. The EA will continue to carry a loss until it eventually hits the 'take profit' target or finds a signal to close a losing trade. Also, FAPS EA will automatically close all open trades at the beginning of a new month (based on your broker's MetaTrader server timing). So you may want to manually close your open trades before you reach the end of the month.

Update: With the newer version of forex-autopilot, you can now set it to open only one trade during the session.

Fap Turbo, which was initially a modified version of FAPS, seems to be giving better results than forex autopilot and has huge number of users. Even Marcus Leary is promoting Fap turbo.

Marcus Leary may claim his product will let you quit your day job and work from home, but if you are looking for work at home jobs, then you should learn about currency trading first before purchasing such forex-related software. However, if you are already into forex trading then you may certainly give "forex autopilot" a try.

My personal opinion is that Forex Autopilot system by Marcus Leary is not a scam. There has also been a lot of positive reviews of this product by other websites and traders. If you do not like the product, just ask for a refund. Forex autopilot customer support might ask for screenshots of your trading to get a refund.

Other products included in the package include Non farm payroll robot add-on for MetaTrader4 and a technical analysis robot. Refunds are available for 60 days.

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Forex autopilot system scam free review. Last updated: Sep 2009.