FX Monetizer is a new Forex product that we are really trying to get down to the bottom of here. The website provides us with very little information, just a my FX book account and a short little video.
Today I’ll be trying to dig deeper and review this software so the Forex robot nation readers know whether this is worthwhile or not.
FX Monetizer Review
In looking at the video, the FX Monetizer developers claim that they don’t have to work anymore. I find this very hard to believe considering they show us that it account that is been alive for two years and has made $3300 and profit. Now I don’t know about you, but I need more than $3300 in two years as income. The guy in the video claims that he has enough money incoming daily to fund his lifestyle but I just don’t see how that’s possible when I match it up with the my FX book account.
In the video the developer goes on to say that it is possible to make up to $20,000 per month on autopilot. This means to me that the FX Monetizer software is indeed a Forex robot. This robot is not overly active, it trades approximately 3 times per month and over a two-year period has totaled 177 trades. The average wind is 46 pips in the average losses is 23, which is a good risk to reward ratio.
Is the FX Monetizer this million-dollar making system that can give you the freedom and Tahiti vacations the developer claims? I find this to be hard to believe in a little bit of a stretch. By that same token, I believe this software is being marketed incorrectly. If this system truly is a low risk software that takes very few trades but is profitable in the long term then they should market it that way. There is nothing wrong with having new tools in your trading Arsenal that give you pips in the long run.
Sadly, I’m not going to be able to recommend the FX Monetizer because I’m scared of this elaborate sales pitch. I find it hard to trust the results because of the claims the developer is making in the video. It all seems too good to be true. This is a system I would like to test because it looks like it could be a long-term winner but before you get involved I think it’s important that we have more information here.
If you would like to leave your opinion please leave your comment now below the article. I look forward to hearing your thoughts on the FX Monetizer.