Forex Automoney is a subscription-based program that provides you with information on when you buy and sell on the forex (foreign exchange) market. The Forex Automoney program is broken down into three systems, so you can choose from intraday, daily, weekly, or all three, whatever you are most comfortable with for your investment.
Forex Automoney is one of many programs designed to do the work for you, sending you updates that provide you with information on when to buy or sell based on intraday, daily, or weekly statistical analysis. Forex Automoney requires a monthly subscription price of $99.90, which entitles you to access their members-only section to help guide your moves on the forex market. Although a great deal of background information is not necessary to use Forex Automoney, it is important that you understand the calculated risks you take when you use a subscription-based program to determine your trades.
Forex Automoney offers a 3-day trial membership for just $4.95 so that you can determine if this program will work for you, but according to their FAQ, you must request cancellation a full 24 hours before your membership is set to expire at any point. We have a feeling that this means most people end up paying for a month’s worth of membership even if they’re not interested, since there’s a good chance most users wait until the third day to try and cancel their subscription.
Overall, we believe that Forex Automoney is a sound service that can provide an inexperienced trader with the information necessary to complete trades on an on-going basis. There is no question, though, that you will need to invest on a regular basis in order to justify the monthly expense required to keep up your subscription to Forex Automoney. So, this service is not likely to be useful for someone who will quickly burn out selling forex.