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Automated Forex Cash

Editor rating

3.5

User rating

0.0 (0)

Created by John Chen, Automated Forex Cash is a program designed to do the work for you. Although Automated Forex Cash comes with the e-book manual Forex Essentials, it is advertised as a stand-alone program that requires only 10 minutes per week to establish cash-flow from the forex market.

Disclosure: If you proceed to the Product Website and purchase this product from the manufacturer, they will pay us a fee. The opinions offered here are our own and all information is verified as accurate at the time of review.

Editor review

Automated Forex Cash

Overall rating		3.5
Features		4.0
Quality		3.0

Product Type

Downloadable

Support Types

Email
FAQ

2008-08-24 13:43:52 ReviewMOZ Editor

Reviewed by ReviewMOZ Editor

Automated Forex Cash

According to their website, Automated Forex Cash can be used by someone just getting started on the forex market or someone who has a great deal of experience trading forex. The beauty of this product is that it is designed for easy install on your computer. After inputting your information and setting up your forex account, Automated Forex Cash requires no more than 10 minutes per week of your time.

While Automated Forex Cash doesn’t require in-depth forex market knowledge, this program does come with the e-book Forex Essentials, which can provide more information regarding the intricacies of forex. For $97, it does seem as though Automated Forex Cash is a no-brainer for someone wishing to trade forex, but as we pointed out, guaranteeing that Automated Forex Cash can generate “up to” $1200 per transaction hardly guarantees a substantial sum for your investment.

As Automated Forex Cash is a relatively new computer program, reviews have noted a number of bugs trading with the system, from troubled set-ups, failed transactions, and delayed refunds. There’s no question that program creator John Chen is working to correct these problems, but since Automated Forex Cash is designed for small-time traders who are not well-versed in the forex market, program issues are definitely a concern. However, if you are interested in supplementing your regular income by trading forex and you’re not interested in learning about the forex market, Automated Forex Cash can provide a boost.

Detailed Ratings

Pros

• The Automated Forex Cash website suggests that you only need to input 10 minutes per week in order to be successful with this system.
• Automated Forex Cash is supposed to be user-friendly, taking only 5 minutes to install and 15 minutes to set up an account and have the program up and running.
• Automated Forex Cash allows for flexibility as well, so you are able to choose the specific forex market and forex broker that you use.
• Most importantly, for someone who doesn’t want to take the time to learn the forex trading system, Automated Forex Cash is a “set and forget” program, where you simply input your information and have zero decisions to make as far as wehen to buy and sell on the market.
• If you do want to learn a bit more about the forex market, Automated Forex Cash comes with the e-book Forex Essentials.
• You only need $250 to begin with Automated Forex Cash, although different brokers require different start prices.
• If you are unsatisfied with the Automated Forex Cash software, you do have a 56-day money-back guarantee.

Cons

• Although Automated Forex Cash is supposed to generate “up to” $1200 per transaction, the “up to” means that it could generate substantially less.
• The Automated Forex Cash website claims that the “low price” of will “shoot up” after the first 500 customers have purchased it, which can sometimes be a red flag that the author is trying to convince you to purchase the product quickly.

Recommend?

Yes

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Disclosure: If you proceed to the Product Website and purchase this product from the manufacturer, they will pay us a fee. The opinions offered here are our own and all information is verified as accurate at the time of review.