Silicon Forex Trading System Review

A relative newcomer to the Forex systems market, Silicon Forex has definitely been "dressed to impress" with a classy website and even more elaborate set of product imagery (see below).

However, as the old adage goes, "you should never judge a book by its cover" and so we need to delve deeper into whether this quality is replicated throughout the product.

An apparent joint-venture between a "computer expert" and "professional trader", the homepage of this product definitely knows how to push our buttons... giving us the classic "trade automatically 24h/day" as well as "plug and play in 5 quick minutes".

What you're looking at is the classic "hands-in-pockets" wealth builder... but does it really live up to the initial feelings or is this just another "mutton dressed as lamb" forex software?

Let's see:

Silicon Forex Overview

ForexFromScratch awards this product: 4.5 / 5

It may be seen as "over-designed" to some, but we now know that the quality of Silicon Forex's presentation is a direct correlation with its earning potential.

It pulls consistent pips with minimal work (if you set it up right) and can do this time and time again.

The only bad thing is setting up the software because there's so many little options which you have to find and adjust to suit your requirements. Although the bundles videos & documents tell you exactly how to do this, it does take a bit of time... time which we understand some traders don't have.

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Click Here For Silicon Forex's Website

...Or continue reading for our full review
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What Silicon Forex Claims To Do

The Silicon Forex website claims the software package can generate consistently profitable signals for "any currency pair" at "any time of the day"...

Like most of its competitors, it promises to help forex traders of all levels of experience to make substantial gains each trade by doing the work for them. Essentially, all the user has to do is type in a few "input values" and Silicon Forex calculates when the best time will be to trade.

In essence, due to the software's alleged "smart" algorithmic market-analyzing abilities and it's behavioral evaluation features - it's supposed to be like letting a super computer work out signals and trades to help you earn more and more...

Along with the actual software, you also receive:

Dedicated customer support - help and advice via email and telephone (we're lead to believe).
Video & Documented tutorials & instructions - No matter how much experience you've had with forex software before, you can be sure that this documentation will have you up and running in no time

But in an industry rife with over-inflated offers, claims and promises - Can we really believe everything this software is meant to be?

What Silicon Forex Actually Does

Surprisingly enough - Silicon Forex actually does deliver profitable signals consistently... so it lives up to the hype in that respect.

However, to qualify that statement - it only lives up to the hype for users who can handle Silicon Forex's steep technical learning curve.

It was obvious from our research that the actual quality of the software application from a technical standpoint was, to us, pretty low.

The user interface, which we are used to being pretty basic from other systems, tried to be over flamboyant and elaborate when in reality - it just slowed the software down and the time it took for us to get comfortable with the system was one of the longest times we've had...

Just to be clear - the user interface was O. K but it was just the small settings (which it has millions of) that needed to be altered. These settings were all in different tabs at the top and it just made navigating them all one big headache. Even with the tutorial material - it was a challenge.

However, where it counts - in the pips - this software definitely has it. It creates consistent signals on "autopilot", fulfilling the claims on the homepage.

Conclusion

If you've got the time to sit down and work out how to use Silicon Forex, then you're going to be laughing all the way to the bank.

It's profit-pulling potential is very good. It's just at the learning curve you need to go through in order to properly get the system working at optimum performance that's slightly painful.