Forex System Report

I ran this expert advisor on a demo account for a full 12 months. During that time, it took only 23 trades which is consistent with its' claim to take low risks, though it is much fewer than the sales pitch would lead you to expect. Of those 23 trades, only 7 were profitable. Over the year, when trading 0.1 lots, this expert advisor made a loss of £67.19.

Backtesting over 18 months showed a consistent profit with very few losses.

The overall losses in forward testing on the demo account means that the likelihood of profit on a live account is extremely slim.

I don't like one time offers that appear just after you have made your initial purchase. In this case, there is an offer for the Forex Espionage Advanced System for a further $77. The sales page tells you very little about this, but the affiliates page says "an advanced 2009 forex trading workbook, including highly detailed examples and presented in a fantastic format".

Forward testing on a demo account for a full year showed that this expert advisor is most likely to lose you money.

I recieved a bonus expert advisor a few days after purchase (though I don't know if all purchasers will). This is called Forex Espionage TURBO and is designed for trading on the 30 minute timeframe. However, when I backtested this, the trading losses consistently exceed the trading profits.

   Strong avoid