If you're actively looking for automatic Forex trading software, you might be about to give up. With so much crap out there, it can be downright discouraging. If you're the resilient type, and you like to bounce back up again after you fall down (do you see where I'm going with this?) you might want to consider the Kangaroo EA from Tulip FX. It is a relatively unknown entry into the forex software game, but sometimes that is a good thing. Here are are a few things to consider about this piece of foreign exchange software.
Ease of Use: 10/10
Customer Service: 10/10
Price: $239 + $48 per month
The Kangaroo EA is a piece of Forex software that trades the AUD/USD pair 24 hours per day. How appropriate! An EA called Kangaroo trades the Australian dollar. Who would have thought? One of the nice things about this EA is that it seems to be sold by an honest group of sellers for once. They look at other EA's and say in Crocodile Dundee voice, "You call that an EA? This is an EA."
When you go to their website, you will not notice any of the traditional type of marketing that comes with selling automatic Forex trading software.
This EA also has been viewed as very favorably in the Forex trading community. You can check on many of the various forums out there and most people think that it is a good program to use.
One of the great features that comes with this particular program is that it keeps track of news announcements. If you have ever traded with this type of Forex software before, you know how big of a pain it can be to have to continually monitor the Forex news and then turn off the robot in advance. This program keeps track of the news and stops trading in plenty of time to avoid blowing out your account.
Both back tests and forward tests look profitable on this EA and for the short time that it has been out, it has performed well on live accounts.
The one potential drawback of this particular piece of software is the price. They're selling it for 149 pounds, which as of the time of this writing, works out to about $239. In addition to the one-time fee of $239, you also have to pay 30 pounds or $48 per month as an ongoing subscription fee.
Of course, for a profitable EA, that is still a reasonable price and they could charge much more for it if it continues to work as it is currently doing.
With this piece of currency trading software, you also get a 60 day moneyback guarantee. This means that if you're not happy for any reason, you can turn it back in and get your entire purchase price back. So really, you've got nothing to lose except a little bit of time. If this thing works, which it very well could for you, you will be glad that you invested a few minutes of your time.