FXCruisecontrol is one of the many competing robots which claim to make big gains for users but unlike many others the copy seems to be a little more realistic in terms of telling traders that they won't win every trade and you won't make a million on a few hundred dollars which we all know is true. So let's look at and review Forex Cruise Control.

The system is a product of Forex ammo and the copy claims, the developers are from a trading background while most robots are simply from programmers and the marketing copy states:

“FXCruiseControl is built and maintained by a group of professional traders out of Chicago, IL. This group of individuals has extensive knowledge in the Forex market, with experience trading at the Chicago Board of Trade. They have actively participated in global markets including equities, futures, and bonds. They have experience managing money and working at a number of prestigious trading firms and brokerages”

The performance figures also seem more realistic than the usual ones we see which show gains that are far to big in relation to draw down to be true - but the problem is we don't get any figures that are independently audited, we just get the usual CFTC disclosure document which is re printed below:

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Simulating profits in hindsight is easy, making money going forward of course without this key data is far harder!

To me the copy of this Forex trading robot seems a bit more honest than most we see and review but it would be really good, if a Forex robot would simply hand over there signals to an independent ratings agency or audit a real money account, to give users confidence in the software.

FXCruiseControl seems to offer an honest message but the real proof of a systems profit power, is in the money it makes in the market and this Forex trading system has no real figures to back up its claims which is a feature of most retail Forex robots.