Forensic FX is a Forex trading system developed by Alex Williams and published by Agora Lifestyles Limited that claims to generate an average of £1,240 per month.
What does the product offer?
Forensic FX claims that it can provide its users with a system that is guaranteed to be profitable by trading on Forex. Mr. Williams makes the claim that he can provide a weekly strike rate of 87.88% for only 10 minutes of your time each morning. The secrets to Forensic FX are laid out in a manual that is sent out by publisher Agora Lifestyles that provides information of a secret website and instructions on how to use this website to look for certain “signals” that indicate you should trade on that day.
How does the product work?
Forensic FX is based around trading the pound against the dollar. This trading is carried out early in the morning based around “significant movement between about 7am and 9am”. This will presumably take advantage of speculative purchasing on the European market that will in turn be based around the close of the American market.
What is the initial investment?
The system retails for £247 with a 60 day money back guarantee should you not have made back the cost of Forensic FX in that time period.
What is the rate of return?
This becomes a point of contention with Forensic FX with the figures varying from the oft repeated “£40, £210 or £370” tax free pay out (note the lack of mention as to the frequency of these seemingly random numbers) up to the much clearer £1,235 per month. This is the biggest problem in terms of placing your faith in Forensic FX. There is no clear pattern as to how much can be earned with numbers changing and swapping constantly.
Sketchy profit details aside trading on the difference between the pound and the dollar is a method that has some potential to make money. Both are stable currencies and do not generally have erratic fluctuations in price. That having been said because of this the scope for profiting on the trades seems negligible at best. Unless that is you are putting down huge initial stakes. The strategy certainly has its foundations somewhere in solid ground but those profits seem rather vastly inflated. This is a system that may be worth consideration, especially with the 60 day money back guarantee but I do not see it ever making you wealthy to the extent claimed.