Forex Crystal analyses Forex markets in real time to predict market movements with an alleged accuracy of over 90%.
What is the product?
Forex Crystal is essentially a piece of software that the creators claim works by analysing the foreign exchange in real time, using specially developed code that predicts market trends that produce an alleged accuracy rate of 90%. The system is designed to be user friendly with the creators claiming that the system tells users when to buy and sell as well as when to remain neutral. This is the part of the system that Forex Crystal say is different to any other system, in so much as Forex Crystal monitors when the market is flat.
The creators say that it is when the market is flat it provides false indicators that other robots will trade on, Forex Crystal allegedly is able to see that these are false indicators and won’t advise users to trade. This in turn helps to minimise losses.
What is the investment vs. the rate of return?
Forex Crystal is available for $49.95 for a lifetime license. On top of this would be the cost of setting up a trading bank. Unfortunately there is no indication that there is any form of guarantee on Forex Crystal. In terms of the rate of return on the product there is no monetary claims, instead the creators claim a profit of up to 300 pips per day. Because of the nature of Forex trading this can be a massive variation in terms of actual profit depending on what commodity you are trading and your initial investment.
Does the product provide value for money?
The system is fairly priced and is competitive with its rival Forex trading bots, and that is sort of where the problem lies. Forex Crystal doesn’t do anything significantly different to its various competitors. The lack of details on how much money is there to be made is rather frustrating, this is something that Forex Crystal’s rivals do include and this is information that potential purchasers want to see. Without that information it is just too difficult to call the product value for money.
Conclusion
Whilst there are a few things to like, the bottom line is that Forex Crystal is just another tree in the forest. The claim that the software can pick up false indicators is an interesting one and it is definitely something I’d have liked to have seen in action but unfortunately there is nothing like this. Without the evidence of the system demonstrating its ability to remain neutral and the lack of monetary profits shown, it is difficult to recommend Forex Crystal, especially when you can get something similar for less with a bit of searching.
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