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Forex Power Review

forex powerWow, a great looking website, I hope that this new automated trading system Forex Power is as good as it’s website is impressive.

I can’t lie, I do like shiny things and this website sure is shiny. So, what about that product, what is it? So, Forex Power is another automated Forex robot. It is developed by Javier Perez, 2 other trades and 2 mathematicians. The software looks to trade the EUR/USD and the USD/JPY pairs and on average makes 5-10 trades every day.

What else do we know? Well, I know the software is expensive at $260 and that it is being sold on the ClickBank payment processor.

Forex Power Review Video

Here I will discuss the product, take you through the web site and hopefully provide a better understand of what this trading software has to offer.

So I mentioned already the site looks good, now let me go into the strategy and the results portion of the review. Starting with strategy, sadly there is very little information provided here. Often strategy is not discussed because it would make it easier for competitors to reproduce their system but I would like them to at least throw us some sort of a bone here.

It looks like the only way we can judge this system is by the results that are provided. As I mentioned before it trades two pairs exclusively and the money management doesn’t seem to increase the size of the trades over time. The majority of the trades are taken at 0.03 -0.06 lots. I usually prefer the statement being hosted on some sort of site so that it can be verified so that’s one knock against as well.

Forex Power Conclusion

My final thoughts are simple. Not enough, too expensive. If I elaborate on that it means not enough information on the strategy, not enough transparency with the results and a price tag of $280 that leaves me without much breath.

What do you guys think? Leave a comment for me below.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

3 comments

  1. Sorry. Just let’s try it and get a refund mentality in itself is a waste of time and money. It really is. Just attach a darn publisher EA from mt4i or myfxbook and put it on your account. Let it publish every 12 hours even if you wanna protect your order listings. But it is easy to just attach a publisher EA on your account. It verifies that the account is real and is temper proof. I must see it in order to even contemplate trying it out. Everyone should think this way as well these days.

  2. I just came across your video. I agree with you about no strategy description, but I see that the price dropped to 150. If they offer 60 day money back guarantee why not buy it and after a week or 2 if it doesnt work return it? Thats what i did with like 4 robots that i bought before.
    What do you think?

    • This is certainly an option Steven. We prefer not to waste our time. Usually if there is a strategy description then I know what to expect and don’t have to lean on a refund policy.

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