While the visitors of this site are looking for binary options products, but we also believe that they might want to look for ways to make money with other methods, such as forex trading as well. Therefore, today, we take a look at one forex expert advisor (EA) called Forex Real Profit EA.

You will get a discount here
One main advantage of this product is the fact you will get a discount at Forex Real Profit EA website, that is $199 for this trading robot. This is somewhat different compared to tons of binary options products, which is priced at $250.

In case you are not familiar with forex trading, expert advisor (EA) is also similar to tons of binary trading robots, like being reviewed on this site. You don’t need to learn any technical analysis, although it is recommended that you know one thing or two about trading in order to get things done with this software.

A little bit about forex trading and expert advisor (EA)
Forex trading is basically about making money by buying and selling currency pairs. For example, let say you think that EURUSD is going up, based on indicators and news, then you simply choose to buy. Otherwise, if you think that this pair is going down, then choose to sell. Unlike binary trading, where you will be paid 85% of profit, depending on your risk, with forex, you will gain even more, depending on the number of pips that you gain.

An expert advisor is basically one trading software/robot that you can utilize to automate the buying and selling process. This is somewhat different compared to trading manually where you need to place orders and wait in front of your PC all day to trade. 99% of expert advisors are programmed to run on meta trader 4 (MT4) platform.

This is based on scalping strategy
Forex Real Profit EA is using the scalping strategy. In case you are not familiar with scalping, this is actually one trading process which is based on lower time frames, such as M15 or lower. Which means, the buying and selling process will be done once every 15 minutes, which makes the process of making money faster than before.

You can trade using currency pairs such as AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY.

Test on demo account first before putting real money on the line
We always believe that users should test whatever trading strategies, whether using robots or manually on a demo account first. You can use whatever broker that you like, as long as it supports an expert advisor (some brokers prohibit this). We highly recommend IC Markets.

It comes with a real support forum
One big difference between a real product that works and another one that doesn’t is the fact that real product that works comes with the support forum. In other words, in case you have problems, you can use the search function of the forum or ask questions directly in there and someone, probably the developer of Forex Real Profit EA himself will come and answer.

This is system is proven to work on Myfxbook
Myfxbook is one of the largest community and testing sites for trading systems like these and we are glad that this EA was tested and proven to make money. On average, this system is proven to make around 300% per year, which is very good.

This software works on Windows only
Forex robots and custom indicators work like a charm on any Windows platform and the same goes for Forex Real Profit EA. You can turn on your computer during the trading hours or you can also rent a VPS to run this software.

In case you are not familiar with VPS, it is actually a virtual machine, where you can log in and then places your MT4 software, together with an expert advisor and then this software will run 24/7/, just like a website. You can turn off your PC all day if you want, since the VPS company, will take care of the rest.

How to get Forex Real Profit EA (and make the money)
1. Click here to visit the Forex Real Profit EA website and join the program.

2. Click here to download a meta trader 4 software from forex broker. Again, MT4 is actually an independent trading software which is used by all forex brokers. We highly recommend that you choose IC Markets.

3. Test this robot on a demo account first. Never deposited real money on the line until you are comfortable with it.

4. In case you need help, the support forum is there for you right on the Forex Real Profit EA website.

That’s all you need to do to make this software runs. You don’t need to do anything else. Overall, we are impressed with this software and highly recommend this EA robot to our readers. Log on to Forex Real Profit EA website for more details, such as stats, FAQs and support forum.

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After looking into the sales video, we don’t recommend Penny Millionaire to our readers. This product is obviously a binary options trap for newbies. There is no way you can become a millionaire by just depositing $250 into the broker account. Let us dive further into this system and see how this product works.

Penny Millionaire is actually not for people who are into trading. It is actually for gamblers
You might already know this, but Penny Millionaire is actually about binary options trading. While some people claim that binary options are not gambling, Penny Millionaire system is very close to gambling. Why? Because this is actually a lottery ticket and not another trading software. 

It is actually not free like being advertised
While you can enter your name and email on the website for free, actually you need to deposit money into the broker account. The minimum amount is $250. 

Not all people are qualified into this system (Too bad)
We entered our email into the website, as well as a UK phone number and too bad, we are not qualified into this system. The website rejected our applications since there are no more brokers available in our country. However, even if you are qualified, you still need to pay $250 to the recommended broker, which is not recommended by the way. 

They didn’t mention how this software works and we doubt that whoever behind this product is a real trader
The video doesn’t even present the facts on how this software works. In other words, we doubt that whoever created this software is a real trader.

All they mentioned is the fact that this software works based on compound interest theory. Yes, compound interest is actually one powerful method for some investors to grow their wealth (More information here). However, this is actually not the case if you are into binary options trading. Binary options trading is not a system where you can earn money based on interest or something like that. 

You cannot test this product on a demo account first
You might not know this, but a good binary options or forex broker will always provide a working demo account first before you can put a real money on the line and test their system. Binary options had been around for years and some regulated binary brokers already provide demo accounts, first, before their traders put money on the line.

The same goes for forex trading. There are tons of regulated forex brokers all over the web and all of them provide a demo account where you can practice and test the water first, before putting real money on the line. 

A little bit about binary options, in case you are new
We have seen tons of binary options related products since 2013, and there is no sign of these scams are going to stop. In case you are new, binary options is actually a simple trading system where you can choose call or put. 

For instance, if you think that one particular asset is going up, then choose the amount that you want to invest and then choose call or put. Let say you want to bet $10 per trade. If you think that the asset, let say EURUSD is going up after one hour, then simply choose call. If your prediction is correct, then you will gain $18. In other words, the binary broker will pay you $8. Otherwise, if your prediction is wrong, then the broker will take away all $10. 

There is no stop loss, take profit or trading software that you can utilize. You simply trade based on time. This is actually somewhat different compared to forex or stock market trading, where you can buy when you think the asset is going up, or sell when the asset is going down. 

The creator of Penny Millionaire, David Forrester is obviously an actor

Just like similar binary options scams before, Penny Millionaire used a fake actor to represent their products. We don’t have any proof that mister David Forrester really exists or not. The same goes for testimonials presented on the website.

Binary options trading is for people with gambler’s mindset
Unlike forex trading, with binary options, you will trade against time. So, it is closer to gambling because there is no way you can guarantee that your predictions are correct after one minute or one hour. 

Alternative to Penny Millionaire and what we recommend
We highly recommend that you are into forex trading. Forex trading had been around for years and there are tons of trading systems or software which are scam free and rated highly on forex forums and trusted review sites. 

If you are into trading software, we highly recommend Adaptive Trader Pro. This is actually a forex trading robot. Unlike other binary options systems, Adaptive Trader Pro can be tested on a demo account first, before you even put the real money on the line. No, this is not a get rich quick scheme. It is a real, profitable software that can make you real money over time. 

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