Company: Forex Autopilot (click to visit company site)
Cost: $99
Guarantee: 100% Money Back
Bonus: +$500 on new broker account open!
Description: Being the precursor to FAP Turbo, the system which we review above, this robot is very similar to it in many aspects e.g. installation procedure, requirements, etc. As a matter of fact FAP stands for Forex Auto Pilot. Both software were developed by the same development team and have some similar characteristics!
Like FAP Turbo, Forex Autopilot is completely automated and makes all trading transparent to the customer, opening and closing trades, non-stop, day and night, 24/7 (well, actually 24/6 as the Forex Market is closed on Sunday).
The Forex Autopilot only works with those brokers who use the MetaTrader 4 platform (most do). Check with your broker or consult the list of Meta Trader brokers at FX Software Solutions, in the Traders Resources section.
One more disadvantage of Forex Autopilot is that it relies on internal (algorithmic) stop-loss levels which makes it not as safe as FAP-Turbo or even FX-Tracer.
Nevertheless, Forex Autopilot is a very profitable trading software. Although not as sophisticated as its high-end successor (FAP Turbo), the Forex Autopilot software is ranked #2 by this review because it remains the most popular Forex robot on the market, having sold the most copies to date. When used correctly the Forex Autopilot robot is more than capable of delivering those so desired profits into your account!