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Forex Software Review: Forex Neutrino

With the start of 2010, many forex traders who were new to the markets in 2009 (or those who have heard horror stories) are coming to the realization that forex trading robots are not what they were hyped up to be.  Yes, they have gotten more sophisticated and more complex, but the results for the users has not changed much. This is why many forex traders, beginners and seasoned traders (who were once burned on forex robots), are looking to forex signals software like the Forex Neutrino Signals System. 

But why are forex signals better than forex trading robots and how much more will this type of system cost compared to your standard robot?  In this Forex Neutrino Review, we will take a look at these questions to determine if using signals software is truly better for users than robots and if the Forex Neutrino is really worth the money.

First, lets take a look at how forex robots work.  Users simply install the robot onto their MT4 trading platform, adjust a few settings (if needed), and then turn the robot on and let the robot go to work for them.  In theory, this sounds great from a users perspective, until it comes to the point where the robot is making bad trades consistently. 

Now lets take a look at how forex signals software like the Forex Neutrino work.  Users simply install the software, adjust a few settings (if it calls for it in the instructions), and then let the software run and monitor the market.  When the software finds a potentially profitable trade, it will alert the user of the trade, including, entry and exit points for the trade.  However, in this case, the user must place the trade manually. 

I know for some new traders, this may seem daunting, but its really not.  Once you have placed one trade, you will know how to place a trade in a split second the next time.  This is why its always suggested to use a demo account to practice on until you get the hang of it.

So why is it advantageous to be able to place your own trade?  The most obvious benefit to most traders is that you have the "Option" to place the trade or not.  Unlike robots where it automatically places every trade.  Secondly, you can put different amounts of risk on each trade placed according to your comfort level.  Unlike robots where you have a constant risk amount that can’t be adjusted on the fly. 

The most beneficial aspect of signals software however, that most people don’t think about when they first get into forex trading is "learning".  Simply put, using a forex trading robot does not provide any knowledge to its user.  The user just sits there and watches the robot and in most cases doesn’t even watch it.  However with a signals system, the user is placing their own trades, learning from one trade to the next and can improve when bad trades or mistakes are made.  On the other hand, robots can’t improve over time, if they start making bad trades, they will continue to make bad trades.

The last benefit of using a system like Forex Neutrino, that goes hand in hand with the above, is that you will have ultimate control over your money.  You don’t want to have to place your trust in a robot that you aren’t even sure how it works or if it will profit.  You can put your trust in yourself, evolve, learn, and become a profitable trader which you can benefit from for the rest of your life.  If forex robots ever work, they usually work at the beginning, but end up losing in the long run because of changing market conditions.  But you won’t have to worry about this with a signals software system.

So How Much Does the Forex Neutrino Signals System Cost?

Forex Neutrino is being release on January 19th with a price tag of $97.  Now to some new forex traders, this may seem on the high end, but I can assure you this is almost right in line with every other forex robot or other software out there and could be considered on the low end. 

For example, in 2009 we saw forex robots being sold for up to $497 but only as low as $77.  The normal price for a forex trading robot ranges from $97 to $197.  In addition, other signals systems have been released for similar prices ranging from $97 to $147.  So the Forex Neutrino system seems to be priced very competitively compared to what others systems have sold for in the past and what is currently being sold. 

Get it here if you interested : http://snipr.com/forexneutrino

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Broker Reviews

These are the forex brokers so far that got reviewed, If you have any suggestion for a broker review, dont be shy and hit the Contact Button. To go to each broker reviews page, just click the text or the image below.Cheers.

                                 FOREX YARD

    

                     E-TORO

                             AVA FOREX

                      EASY-FOREX

                            DUKASCOPY

Forex Broker Review: AVAFOREX

AVAFOREX COMPANY PROFILE  Ava group is one of the world’s leading on-line forex trading brokers, with over 100,000 registered customers worldwide and volumes of more than $20 billion a month. Founded in 2006 by a team of financial professionals and experts in Internet technology, Ava is dedicated to creating the ultimate on-line trading experience. What makes Ava unique in the world of on-line trading is its user-oriented perspective. While many other trading sites are merely on-line extensions of banking institutions, Ava FX was designed by retail traders who understand the needs of this new and growing market sector. From our multi-lingual, 24-hour support center to our advanced interface design, Ava FX is built around the user. Our proprietary software includes Metatrader 4 platform, and leverages the power of the world’s leading banks and financial institutions while providing consumers with an easy-to-use yet functionally rich trading environment. Ava FX is backed by a major financial institution with over $17 billion in assets under management and is rated “A+” by an S&P affiliated rating agency. Our company is dedicated to the highest standards of integrity and security and we spare no effort in protecting our customers’ funds, using a thorough understanding of Internet banking technology to do so. The Ava Group ‘s 100% owned subsidiary, Ava Capital Markets Ltd located in the EU services EU customers .It is regulated to the highest and exacting standards of the EU by the Financial Regulator of Ireland.

WHY AVA FX? Integrity, service and functionality. By simply opening up a forex account the whole brokerage package is automatically given to the trader, irrespective of the trading size or activity of the client. Click here for more details on why to choose Ava FX as your personal FX broker Company's Headquarters Ava Financial Ltd Euro American Trust Building POB 3161 Road Town, Tortola BVI EU Headquarters Ava Capital Markets Ltd. Harcourt Center Harcourt road Dublin 2 Ireland For other ways to contact us click here

COMPANY STATEMENT It is our pleasure to welcome you to Ava FX. In today's turbulent global financial markets, investors are looking for innovative ways to generate returns. FX trading offers investors exciting opportunities and the market for private FX trading is growing by more than 500% annually. In the past, private traders were at a disadvantage in relation to banks and other large financial institutions who were armed with powerful trading tools that the private investor had no access to. Thanks to Ava FX this is no longer the case. At Ava FX you will find an online trading platform that's easy enough to be used by novice traders while providing even the most sophisticated trader with all the necessary tools. Sincerely, Ava FX Customer Service Team customer@avafx.com

VISIT AVAFOREX WEBSITE

SOME REVIEWS

Reuben, Germany Rating: Date of Post: 2009-11-26 Review: I think all negative review about this broker is untrue. If truly one's profits were canceled, that person would report to the Irish Regulatory Agency, and/or Cyprus Central Bank. I've been trading with this broker for appx 2 years and never had any problem whatsoever. Withdrawals were processed between 3 - 5 working days. They never canceled any of my profits, never!. To FPA: I think you guys shouldn't just allow any comment fly over your website. If you knew how much negative comments have made traders miss the good brokers, you'd be careful about approving comments anyhow. Review Moderation Team Note: We do the best job possible screening reviews. Individual trader experiences with a broker will vary. Some fake negative reviews may be from competitors. Some fake positive reviews come from the brokers themselves. Filtering out the fake ones is a challenge.

John, Sydney Rating: Date of Post: 2009-11-24 Review: Scam broker. They delete my winning trades and pay only my deposit. Don't waste your time with this broker.

Chepe, colombia Rating: Date of Post: 2009-11-10 Review: AVAFX is a SCAM my account was totally wiped out in one minute margin and all. It seems they switch an order of .02 lots for one of 2.0 lots and all of the sudden even the MARGIN was gone. When I called I spoke with a Mr Mariano who refused to give his last name a total jerk. They have ignored my emails the address they gave me in cypres do not exist.The names they used are phony made up names such as Natalia del prado, estrella demonte .?????? PHONY PHONY I found out the are an argentine "family" running a VIRTUAL platfom.the owner appears to be man by the alias "Mariano" a well known SCAM artist from argentina located in Cypre hiding from the argentine authorities. Im warning you all AVA FX runs a virtual platform nobody makes money with them and they become the rudest people when you have a problem. Everybody I know is taking their money out before they disapear all together. They are not regulated by anyone is all a SCAM. I will be filing fraud charges with my local interpol office. THEY TOTALLY SUCK SCAM SCAM SCAM SCAM

tomasz salamon, usa Rating: Date of Post: 2009-10-23 Review: I've been scammed by Avafx. Everything is ok until you want to withdrawal money ! They canceled all my profits don't waste your time and money !

Peter Anderson, Australia Rating: Date of Post: 2009-10-19 Review: All I can say is DO NOT use this broker. Poor Customer Service, You won't be able to withdraw your money. It will take ages or forever. They service you well when you have a lot of capital but once your account is low and they don't want to know you. Don't disappointed yourself. Use somebody else, trust me.

victor, Malaysia Rating: Date of Post: 2009-06-26 Review: Heya guys, i have been with AVAFX for quite some time..about 1 year... The pros of this software is the simplicity and easy to use features. However their cons are their unclear guidelines over withdrawal of funds. There are rules which said " u cant withdraw ur initial capital or something like that". Another cons is that their summary news don't make sense to me, They have improved from the time i started off with them.

Evgeniy , Russia Rating: Date of Post: 2009-06-07 Review: I with avafx 8 months. Platform excellent, deals are performed clearly. Entering /conclusion of the deposit according to rules company. Arising problems out of area of the carelessnesses traders and technical troubles from which not who is not insured.Advise to work with them, but AVA further development.

Jorge, Portugal Rating: Date of Post: 2009-06-05 Review: I work wit avafx since one year and no problems, very good broker. Excellent support and payouts

Ranzuko, Costa Rica Rating: Date of Post: 2009-05-06 Review: I have been with AVAFX for 3months now, I have always received a very good service and have had no issues at all, so far, so good