subject: Forex Autopilot Scam - BEWARE Novice Forex Traders! [print this page] It's true that some savvy internet marketers have made some great profit with Forex Autopilot Scam software packages, affiliates and publishers, but hopefully wannabe traders have woken up to the fact that these autopilot systems simply won't cut the mustard.
If you're going to trade forex pairs using an online currency trading system then better do you're homework first to make sure that its regulated by a governing body such as the SEC, FSA or Safecom etc.
Autoplilot systems work by you inputting your Stop/Loss and Limit orders and then use it to scalp chosen online currency pairs for pips.
Sounds like a doddle but knowing how to input your margins takes years of experience of fundamental and technical analysis training, which is what novices believe they can do without when they use these systems.
If you are serious about forex trading then the following information and material should be included in your chosen online currency trading platform, which obviously wouldn't be included in some simple downloadable software..
1) Free information from support 24/7 which will help ease you into to currency trading.
2) Ways to evaluate a number of trading strategies with no risk.
3) Free access to a team of seasoned professionals 24/7.
4) Free practice account for at least 30 days.
5) Free Demo account.
6) Affordable Power courses, i.e actual forex trading courses.
Therefore, if you are looking for potentially the Top 5 Online Forex Trading Systems which are obviously regulated by the FSA, SEC, Safecom etc and have outstanding relationships with the multi-national banks, for serious traders -
