Forex expert advisors are big business they all claim gains but the fact is most lose money so if you want to find a winner follow the 4 tips enclosed...

Let's start with the most obvious question to ask of any Forex Expert Advisor.

1. Is the Track Record Real or a Back Test Simulation?

Most Forex Expert Advisors have never made any money and rely on back tested, simulations on paper and of course this is easy! Others present what they claim are real track records but these track records are not independently verified, so discount them.

Only go with a real track record and it must be an independent audit. If you do this check first, you will have already discounted of over 90% of the systems sold online.

2. What is the Background of the Programmer?

This is always a good clue to how the system will perform.

Beware most Forex robots are actually NOT designed by traders! Someone did a test on the net of some of the most popular robots and the trader that was supposedly the developer, was actually an actor! Try and find out some background of the prgrammer you can verify before buying.

3. Are the Rules Disclosed to You?

If it's a black box system don't bother with it. You need to know the rules and the logic, to follow any system with discipline. You need confidence in the system to make money or you won't follow the system through periods of losses.

4. Technical Support

Before buying any system I always check the support by asking a few technical questions.

I can see how keen they are to respond and how quick they do it. In my experience most don't bother or take days, so I pass them by. Always look for unlimited, quick, professional support.

If you follow the above checklist, you will find one of the minority of Forex Expert Advisors that gives you the potential to make big long term gains and enjoy currency trading success.