What is the product about?
Created by Ed Crivello, EFX Forex Robot is software that automatically trades on the Foreign Exchange using Classical Pivot Points.
What is the product?
EFX Forex Robot is an automated Forex robot that makes its trades based around classical pivot points. This differs from many Forex robots as it is not reliant on lagging indicators. Because it uses classical pivot points Ed Crivello claims that his system is able to trade in any market conditions, even changing market conditions. This is a result of so many financial institutions using classical pivot points as the foundation of Forex trading.
The software itself is designed to work with Meta Trader 4 which also makes it compatible with any broker that also uses this system. EFX Forex Robot is also customisable allowing you to disable certain pivot lines, select days to trade on and even set a profit limit.
What is the investment vs. the rate of return?
EFX Forex Robot comes with a free 30 day demo version. The product itself costs $99 for a license for the year. If you so wish the license can be upgraded to a lifetime one for an additional $10. This upgrade can be bought any time after purchasing the annual license. In the event you are unhappy with the product there is a 60 day money back guarantee provided by Ed Crivello. In terms of rate of return there aren’t any specifics mentioned but it is suggested that this isn’t a high return product with the focus instead being on a small but sustainable profit.
Does the product provide value for money?
The sale price is about right for a Forex Robot and the product itself looks very promising. Without figures showing the return on investment it is hard to say whether or not EFX Forex Robot really does provide value for money. I suppose with the 60 day money back guarantee in place though, there is plenty of time to try it and make a decision based on your results.
Conclusion
EFX Forex Robot makes an effort to distance itself from many Forex robots in so much that it shies away from big money talk. Ed Crivello seems to have been careful to not oversell his product or exaggerate and inflate any results. This creates a sense of security and makes EFX Forex Robot look like a much safer, more stable and prudent investment. To some people these are perhaps negative words, but for those who like to look after their money this may be the Forex robot that you’ve been looking for.