Forex Automoney monitors the financial markets and provides trade signals 6 times a day, daily, or weekly.
The requirements are minimal - of course you need a computer and Internet access but very little in terms of funds. I have not tried this for myself but some users I know have reported that, through this program, they have found brokers who will allow you to start trading with just one dollar!
Forex Automoney does require a $99.90 monthly membership fee, which may seem a little steep, but believe me it is peanuts compared to the potential earnings. Also you can get access to the program's unlimited 3-days trial membership for only $4.95. So you can soon find out if the system is for you.
One thing that you do need to understand is that his program is not a totally "hands-off" trading system but its technology does take the decision making right out of your hands thus removing the need to decide when to enter and exit trades.
Forex Automoney gives you entry and exit points and a stop-loss amount with each currency pair, but of course you have to be there to make the trades.
Without doubt Forex Automoney is a very simple when compared to some of the systems on the market. All you need to do is log on, check the signals and trade. It is a real cinch for the beginner. In fact if you are a student, stay-at-home-mom or retired you can earn yourself a very useful income with this program.
Forex AutoMoney is it a scam ?
It is easy for anyone to get tempted by the promise of quick and easy profits by such companies, but it is highly advised that you research the companies before joining. I knew that there were Forex signal providers out there that are indeed very profitable, but there are also many that fail to produce a profit.
Here the reasons why Forex Automoney is not a scam:
According to the general online consensus (where research is based on unbiased, non-vested comments & articles), Forex Automoney offers both a strong signal service as well as an even stronger customer support.
As you evaluate their service and signals, you should also look at your results and compare them with the claims they make regarding their performance and past records. Worthwhile and legit signal providers will gladly show you their track records.
In Forex Automoney's case, they offer you a $4.95 trial for three days to test out their signals. Based on experience, I can tell you that you should always look for signal providers that offer you a low cost trial offer. Testing their signals before risking your hard earned money is a good way to tell whether a service is really profitable or not.
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