There are plenty of forex trading software out there in the market that help you make your trading easier and better. As an average trader, you may find it to choose the best appropriate trading software that serves your needs.
There are plenty of forex scam software that claims to make you money but are in fact bogus software. Hence it is important to do some research before buying.
Forex AutoPilot and Forex Killer are two of the most popular software packages used in the Forex trading systems. Both software are quite similar in that they are automated forex trading software designed to help traders monitor and placed automated trades as well as generate forex signals.
There are however some differences in terms of functuality and interface.
Andreas Kirchberger Forex Killer
Forex Killer is basically an advisory software. It advises the trader by making use of the trading signals. This doesn´t make the trades automatically. The software just makes an analysis of the market data and runs several calculations using its mathematical algorithms and then presents you with the recommended strategy for trading.
As already said, it only advises you of the marketing strategy. The decision is left up to the trader. He can accept the advice or he can reject it as well. But the forex signals generated by Forex Killer are pretty accurate.
Macus Leary Forex AutoPilot
Unlike the Forex Killer, Forex AutoPilot is Forex trading software that does all the work for you. It does the trading all by its own automatically with having you to take part in the process. All that you need to is to check the software configuration frequently. But the disadvantage is that you have a very less control on the trading process.
Of the above two, choosing the best software for your needs depends on how you want to make the trade. If you want a forex signal generator software, then go with Forex Killer. You still have to place and stop trade yourself either with forex broker or an online forex trading platform.
But if you don´t want to involve in any of the trading process, you can opt for Forex AutoPilot software. Both have their own set of advantages and disadvantages.
If you are looking for the best forex trading software, check out my detailed Forex Killer review and Forex Autopilot review.
Monday, December 29, 2008
Comparison Of Andreas Kirchberger Forex Killer and Marcus Leary Forex AutoPilot
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