Forex Decimator Review

ByWilliam Barnes

The Forex Decimator was released in August of 2009 by Ian Ross and has since received many rave reviews from its users. I have decided to write this review after concluding my testing results with it. If you too are interested in making money from trading currencies, you should first have a clear system in mind or software before you even start. This highly leveraged financial market can cause significant losses for traders who are not sure of what they are doing.

1. Does Forex Decimator Really Work?

Having used this software on my demo and live accounts over the past couple of weeks, I am pleased that both have ended up in profit. Beta users who have tried it have reported to have been able to fully replace their day job incomes, or providing a sizeable addition to their income. Using this software means that the user will need to have the MetaTrader 4 platform that it runs on. This platform can be downloaded for free over the Internet and is supported by many brokers online.

2. Do You Need to Have any Prior Trading Experience Before You Use Forex Decimator?

The owner of this software explains in the first PDF manual of his package that even though his advanced trading algorithm cannot be easily understood by beginner traders, he has created his user manual guides with novices in mind so that all his clients can benefit without requiring to have any prior experience. Once it is set up properly, it can be made to run almost hands free and there is no need to manually enter and exit trades. There is still a need to monitor the robot to ensure that it is working properly and that all of its settings are working correctly.

Personally, I would still recommend novice users to have a basic understanding of the terms in Foreign exchange trading before using Forex Decimator. This would help greatly in understanding the manuals and dealing with any issues with brokers when necessary.

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