Senin, 16 Februari 2009

A Forex Brotherhood Review - 6 Months on - Is it a Scam?

By Rob R Carmichael

The Forex Brotherhood was released in September 2008 and it is now possible to gauge some user reviews and feedback on how this automated software now performs.

If you're not familiar with the FB, the guys who set this up are a group of elite traders, with 10 years plus experience that allows membership for a monthly fee. Here you get an inside view on their "private society" as they call it, which consists of archived content, daily webinar information and an online chat system with expert advisers who conduct daily trading coaching.

Author of FB:

Jason Jankovsky, author and publisher on Forex issues with 20 years of experience believes that the society he's set up is a good solid deal that very few teacher trading systems online can match.

He advises the use of his alternative systems as well, the Forex Tracer and the Forex Tunnel. These run on two different currency pairs, the FT is set against the EUR/USD and the FF against the USD/JPY. These therefore offer you a variety of options.

So far, user's performance over the last couple of months has been mixed. Before you sign up there marketing promises you profit with "TEETH", but every new system will undergo teething problems and inevitably wont hit the road running.

Initial forex brotherhood reviews suggested this guy had taken on too much and their ticket support system was slow. Since November he's taken on more staff to help cope with the increase in subscribers and complaints seem to have leveled off.

Regarding the most important question as to whether this is making anyone any money, newbie traders first stated that the profit to loss ratio was about 2:1, 2 gains against one loss. Traders felt this like taking two steps forward one step back.

Now traders on their forum see it as 3:1, stating that when he wins, he wins big.

If you are interested in trading on the Forex Brotherhood platform, bear in mind that you are entitled to a "Full 60 Day Refund" should your chips not role your way.

Do not expect to win outright though, and in some cases you will take some losses before you progressively start to hit big.

What traders do appreciate however is that you are trading with him, an experienced trader which some find invaluable.

That's why Forex Brotherhood Reviews suggest it would be well worth your money as you will learn the ropes faster and make good solid trade decisions with the help of you Expert Authors.

If you would like to try trading with the Forex Brotherhood, you can set up a demo-account to test the water. Remember you are entitled to a full refund which they are proud to brand on their website so this offers some clarity as to how they value themselves and their autopilot trading product.

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