About me

Forex Tester is new independent and unbiased forex testing service. Main goal of the website is to provide independent investigation and review of all top forex systems and expert advisors available on the market.
Check out fresh reviews and video reviews at our main website Forex-Tester.com

Saturday, November 29, 2008

Forex Hitter Review


Update November: Peter Larsen released new expert advisor called Forex Hitter. Results look promising so far!

A recent major upgrade of Forex Beater (now marketed under the new name "Forex Hitter" has contributed to the software's rapidly growing popularity through enhancing its scripts and making them flexibly adjustable to the current volatile situation on financial markets. While similar products show mostly negative trading results under the present conditions of a global economic crisis, Forex Hitter continues to secure profits for its users. It is by far the only automated robot which demonstrated that profitable trading is possible regardless of the market's general tendencies. Forex Hitter sure is the number one choice for those willing to always stay on the safe side, no matter which way the market turns.

Check the updates of review on Forex-Tester.com

Wednesday, November 26, 2008

FAP Turbo Review


REVIEW:
Hi guys! I Think everyone heard about it. Fapturbo was released 25th November and made a huge buzz over the internet. No wonder it seems it is a really first money trading robot , the product we all so expected for a long time among all the crap that is popping up on the market every single day...
I will reveal my secret - I was invited to the betatester group and results are great so far! I still can`t believe it is possible. I will share more results and updates soon! Take care!

Check out my video review about Fap Turbo

Wednesday, November 5, 2008

BankingFx Review


REVIEW:
Nowadays it's really hard to find a good working EA among tons of crap that the forex market is filled with. When someone asked me to review this BankingFx and I got to their simple website and saw strange results with strait line to high profits it looked weird to me at first. So I decided to contact the vendor. I was suprised this time that vender Higino not only replied me but also was so kind and honest that provided a copy of his system to me for my investigation. I must admit not many vendors act so straight-forward to me. Most of them ignore or try to take money from me :) Here is what Higino wrote to me:

"My system is very safe, works with fixed lots, or money management. Does NOT use Martingale, or there is no danger of losing any money in the account suddenly. The Expert Advisor BankingFx Diamond EUR-GBP is profitable in all market conditions, it has high profit factor, and the losses are very small.
The great advantage of the Expert Advisor BankingFx Diamond EUR-GBP is the PROFIT FACTOR obtained, is extremely high, on average 4.0, so it is possible to use larger lots, getting more profits."


I verified the backtest and was really suprised. This scalper worked fine. But I was really worried because Take Profit is so small (TP=5) and I guess not all brokers allow scalping systems to trade on real account. So before posting positive feedback based only on my backtest I decided to place it to trade on my real account. I was really afraid that the system was optimized to work well on history (so called only-history holy grail) but would fail in real trading.


The bottom line is that BankingFx is a good choice.

Check the updates of review on Forex-Tester.com

Saturday, November 1, 2008

Forex Auto Trader Review


REVIEW:
Forex Auto Trader is a new system by Craig Reynolds, professional forex trader. The system showed great results as on backtest and on the live trading. Craig published his live trading statement here: http://forex-auto-trader.com/DetailedStatement.htm



You know nowadays it's hard to find the vendors who really trust and trade the system they created not just make money on selling their product. So Craig is a nice exception here and that is very important that he trades using his own system on his real money.

The only bad thing I can say about FAT is that it works only on one currency pair, EURUSD. So be careful and don't use it on other currency pairs, guys!

Read the updates on Forex-Tester.com