Best FX Tools is the vendor of automated trading solutions – indicators and Forex robots/expert advisors. They have both free and paid trading tools in total of 16 trading systems – 8 indicators and 8 forex robots. There are some features that make them think they are representing their brand name. The purport Full technical surport, Solutions for monitoring Forex, Professional help to use the tools, etc.
The trading strategy is multiple depending on the system. Price varies from $39-$229 on various system.
What is Best FX Tools? Either is Best FX Tools scam or legit?
Best FX Tools Review
- Best FX Tools is a program that claim to automate Forex trades. It’s like putting a plane on auto pilot. Traders can sleep through the night calmly knowing that their trades will be placed exactly at the times they designated. Sounds easy, right?
- Forex robots like Best FX Tools are getting a lot of hype of late and Forex robot scams are not far behind.
- Most Forex robot scams are easy to pinpoint and would seem obvious to any investor. But even with blatant false promises of huge profits “while you sleep” millions of dollars are dropped into these Forex robot scams every day.
About Best FX Tools
Best FX Tools has been in existence since 2014 yet it is unknown who and where these tools are being operated from. Nobody knows about their trading history and experience in the market place. They can be contacted via [email protected] on trading days (Mon-Fri).
Best FX Tools Strategy
There are 16 tools in total. Each tool comes with its settings and strategy.
During our review of the Best FX Tools, we saw that they did not provide in depth details on their system methodology. We saw that they provide short description of each of their products which is not enough.
If trading Forex is your preference, we recommend these highly effective trading systems.
Best FX Tools Result
Best FX Tools provided screenshot of myfxbook result but none of the products are actively running on myfxbook.
For the best Forex trading tools with proof of performance in a live account, visit this page.
Conclusion
Because Forex trading is still relatively unregulated, the number of scams seem to be ever-increasing. One area in which this happens on a regular basis is with automated Forex trading bots. Many of the systems make some pretty unrealistic claims, and promise a successful trading career, even when you’re asleep. They even seem to be able to publish positive results on their sites. However, a word of warning: These amazing results are often the result of back-testing, or based on hypothetical results.