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Website URL:
Domain Registrant:
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Domain Age:
Registered on February 19, 2008
Forex Automoney Overview:
Forex Automoney has been around for quite a while, and it is a service aimed at providing signals to trade the currency exchange market (or Forex). This basically means they will tell you when to buy or sell a particular currency.
The service works with three different strategies, intraday, daily and weekly, and signals will be delivered on several currency pairs. The number of signals received vary depending on market conditions and you must be available to place and close trades as the signals come in. That is, you must be in front of your trading platform in order to open each trade based on the signal.
Now, although this service claims it is easy to make money using their signals, you have to be aware of the fact that Forex just does not work that way. What you will see in their so called demo is not really what you should expect once you are faced with the markets. Making money with Forex is far from being easy and although tools like these can make a difference for the better, they have to be actually very good in order for that to be the case.
Forex Automoney shows a button in their website >>show the system past performance<< that is supposed to display the service’s performance over a certain period of time, however, once you click on it you do not actually get a backtest or a detailed list of trades along with their results. Nowadays it is advisable to look at backtesting or live trading results before buying into a tool like this, because this is the only thing that can actually give you an idea of what to expect in terms of performance.
Forex Automoney Reputation:
Regarding the Forex Automoney reputation, it is safe to say that people all around the web just does not seem to be happy with this service. Comments usually include the word “scam” along with angry remarks of various kinds.
The truth is that the overall opinion of this system around the internet is mostly negative. From inaccurate signals or losing trades, to terrible costumer service and billing problems, people seem to have nothing but complaints about Forex Automoney.
The only positive opinions or reviews seem to be that of certain affiliate websites which are blatantly biased and not really aimed at providing a genuine insight into what you can really expect from this service.
Forex Automoney Guarantees:
This service does not provide a money back guarantee, because it is a subscription. However, in case you decide to try this service, you must be aware of how the billing works so you do not end up entangled in a cycle of undesired recurring charges.
When you sign up for the service, you pay $4.95 for a 3 day trial, and then you are billed $99.90 per month. This means that once you sign up you need to place your request for cancellation before the end of the third day.
Also, you must be aware of the fact that according to some costumers, weekends count toward the 3 day trial, which means that if you signed up on Friday, you are likely to be billed again by Monday, which would basically leave you impeded to ask for a cancellation of the service until that day (when it would be too late). Therefore, if you are thinking of putting this service to the test, you best bet is to sign up on a Monday or a Tuesday at the latest so you can avoid any billing problems.
Forex Automoney Support:
The support does exist in the form of a live chat service as well as email, however, the representatives do not go into many specifics when dealing with support issues because the answers you get are somewhat template style and if you are not a costumer yet, they are constantly pushing you to sign up, so they seem to be more sales representatives than anything else.