Forex Automoney ? Anyone knows is it a reliable service or Scam ?

Posted by newforex | Best Forex Signals | Thursday 11 March 2010 9:50 am

I am very interested in joining the forex automoney signal service.

But everywhere I read regarding forex automoney review…..everyone is saying only good things about forex automoney.

I am a very skeptical person and I usually smelly something fishy if it’s too good to be true.

Can anyone provide me with own experience after having tested out forex automoney ?

5 Comments »

  1. Comment by Jane — March 11, 2010 @ 10:38 am

    I have joined the forex automoney as member about 3 months back…

    Have been testing their signals for a few months since..

    Rather satisfied with the results I must say…

    Some would say forex automoney is nothing but a Scam..

    On the other hand….some would boldly claim that it works very well for them…

    It depends on individual I suppose..

    I have just created a forex automoney review blog sharing all of my in-depth findings here :

    => http://www.forexautomoneytruth.info

    Feel free to read about the details and hopefully it would help you better decide whether to join forex automoney ornot …

    Cheers to you !

  2. Comment by chris h — March 11, 2010 @ 11:23 am

    dont trust anyone

  3. Comment by Joe — March 11, 2010 @ 11:57 am

    The Federal government warns there are a lot of Forex frauds out there, and these Forex robots such as Forex Automoney appear to be one of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.

    There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. You might meet a person called “Zboy227″ who says “I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227.” The “/Zboy227″ tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.

    There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner’s luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.

    I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy’s robot is a scam, but their robot works. If you do a web search on the words “forex robot” and “scam” you will find a lot of sites saying their competitors are scams.

    I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.

  4. Comment by Bob J — March 11, 2010 @ 12:18 pm

    scam it does not work…….

  5. Comment by Scott — March 11, 2010 @ 1:07 pm

    if you are a skeptic, you should use google trend to do your research. If a indicator, software, service is selling very good for very good long period of time, it probably tells you that people use their product/service and start to recommend them their friends and they started buying it because it probably works for them. I use the same process to find a robot that would trade automatically when I am out having my life. This robot made me $7,100 while I am out having fun last month. Send me an email if you want to know this software

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