Monday, November 2, 2009

Forex Cyclone Review - Can the Average Joe Really Profit With It?

Important Note: This is a review, No fluff, No filler just what you want and NEED to know before purchasing.

It seems like everytime I check my emails, another forex trading robot is being released. I have reviewed more then my fair share forex robots, courses, and guides in the past and have a pretty good idea of what to look for right off the bat to determine if a robot will be profitable or not. So what is the Forex Cyclone? And can anyone really profit with it? In this Forex Cyclone review I will look at the factors that I use to determine whether or not Forex Cyclone is worth your money or not.

Forex Cyclone was created by David Pew. So who is David Pew? No one really knows as this guy literally came out of nowhere. According to the website, he was broke as a joke just 7 years ago, but now has amassed over $900,000 in profits in just 2 short years using his automated forex trading robot. He indicates that he never even knew s*** about forex, stocks, trading or anything else of that nature. But seeing the video on the website of his trading account that made over $100,000 in the last 2 weeks was very impressive.

CLICK HERE TO SEE the 100K in 2 WEEKS VIDEO

Is Forex Cyclone Legit?

In reviewing the proof of profits and account statements, it appears that David Pew has actually made this money with his forex trading robot. However, I have noticed something that may be of concern with this robot. Nowhere on the website does it mention what kind of settings were used to amass these large profits. He could possibly be using very agressive settings with no stop losses, which is a big problem as beginner forex traders should not do this since one bad trade can wipe out your entire account balance.

Another thing that caught my eye is this; David does not mention if he created this robot himself or if he had a team of computer programmers create this robot. This is a very important piece of information because if he did not create the software, there is really no telling how fast bugs or defects will be resolved (or upgrades for that matter).

One last thing, is we can only assume David Pew is a one man operation. He does not mention anything about having a support team to take care of any customer service issues. And with technology, there is always going to be issues. If David can handle the volume, that’s great, but this would be an area of concern that should be considered.

What I will say about this Forex trading robot though, is that the Forex Cyclone appears to have amassed some great profits and the testimonials submitted by beta testers (especially the video testimonial of the person who has almost made $1 Million dollars using this robot) are very impressive and worth a look. However, it may be too early to tell if this forex robot can generate these kind of returns for customers of this product. I will say that if returns like this are seen, you will be hearing about it and you may be too late to get in on the action if that happens. So for $97 is the Forex Cyclone worth your money?

I would say, Yes. Even though I have reservations about this product on the surface, this product is competitively priced as most robots cost between $77 to $400. In addition, since it is being sold through clickbank, you will have 60 days to test out the product risk free.

What you can do with this 60 days, is this. You purchase the Forex Cyclone, open a demo account and test out the cyclone for yourself to determine if its profitable for you. This is really the only way to see if the robot is going to work for you. If you find its not profitable, you simply request a refund and no harm is done. You got your money back and you never even invested/lost a single penny on the forex market because you practiced using a demo account (which uses "play money").

However, if you find out the Forex Cyclone is everything that David Pew claims it to be, you can up open a live trading account and start making some real money, and you will have locked in your robot at $97 as this is the introductory price. Usually after these products have sold quite a few, they jack up the price on the consumers to make them more limited.

Click Here to Claim Your Forex Cyclone Robot today at just $97

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