Forex Products

By Carlo S

Canada-based FxReports.net is one of the new players in the forex trading scene having been established only recently in July 2007.

The site offers a trial subscription $4.95 for 15 days and provides a demo account. The demo account is at no cost to subscriber but provides firsthand experience on professional trades. A demo account works the same way a real account does except that no real money is involved. The subscriber gets a feel of the transactions in the forex market.

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

However, FxReports main product is a forex trading software " Excalibur V 2.25. Its main claim is that it has a constant profit factor of 100 plus pips in a month. FxReports call it The Automated Managed Account Trading System.

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. - 23162

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