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.

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.

Subscription also provides access to training and video libraries to the user.

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. - 23212

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