NOTE: Several reviews have been subitted containing contents of emails from other forex product sellers. These emails claim that the results from the 5 year live forward test of AutomatedPips is from an MB Trading Account. If this is true, the results would obviously be fake, since MBT has not offered MT4 for that long. We have checked the Automated Pips website. The results we see do not have the broker name attached.
If anyone has evidence that the trading results shown are fake, the FPA would like to see it. If Automated Pips would like to provide the FPA with investor access to one of the accounts to prove they are real, we would appreciate it. There is a Contact Us link at the bottom of this page if anyone has evidence either way.
At this point, the FPA doesn't have any way to tell if the allegations are true or not.
NOTE 2: The FPA has recieved a link to an analysis of the trades displayed on the Automated Pips home page.
Based on this, we find the claims on the Automated Pips website to be extremely suspicious and recommend a high level of caution dealing with this company.