FX Reports

By Carlo S

Fx Reports is one of the new players in the trading scene. This Canada-based outfit was established only in July 2007.

At a trial cost of $4.95 for period of 15 days, a subscriber gets access to a demo forex trading account. The account is similar to a real one except that no real money involved. A guide helps the user in the opening and managing of the demo. The purpose of the demo is to give the subscriber a feel of how it is do forex trading via Fxreports. If the user likes what he sees he can order an actual account.

A paying user is also granted access to the sites training resources and video vault.

FxReports main product is its forex trading software - Excalibur V 2.25. Touted by the site as The Automated Managed Account Trading System, Excalibur claims a constant profit factor of100 plus pips in a month.

Excaliburs features include the ability to run on accounts with as little as $1,000. It does trades on its own and even adjusts trades to maximize profits. The software trades in the American and European markets and trades on all currencies. Its strength lies on 40,000 hours of testing and a regularly updated database. - 23229

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