A common question from new investors interested in trading forex is: What is Forex Made Easy? This post will attempt to give a basic answer to this question.

Forex Made Easy is a book written by James Dicks, the full title of the book is Forex Made Easy : 6 Ways to Trade the Dollar and was published in 2004. The book contains a lot of useful information for beginner traders, including basic information on setting up a workstation for trading, technical analysis, advanced indicators, Fibonacci sequences, Elliot Wave, money management and how to place trades. At Amazon the book achieves an average rating of 2 1/2 stars, but this ranking seems to be split between very high ratings and very low ratings. In fact 25% of customers to date have given the book a rating of 5 stars, the highest rating possible. The most satisfied customers appear to be beginners who appreciate the basics the book goes through without being overwhelmed with information.

Forex Made Easy is also a software program for trading forex. The title of the software is 4X Made Easy, the 4X being a play on the word forex. The software is produced by GlobalTec Solutions, LLP and is available through the website 4x.wizetrade.com. The company frequently attends forex trading expo’s and conducts free workshops, if you are interested in this software attending one of these is a good way to see the software in action.

The company claims that the software offers; research, a trading platform and a training system. The software provides green and red lights to help determine potential entry/exit signals for any currency pair.

Bad reviews for the software seem to outnumber good ones 10 to 1 on any review site. Many users complain that obtaining a refund was difficult, or impossible due to some fine print they hadn’t read. Others complain about the additional monthly costs you are forced to pay in order for the software to function. Satisfied users seem to point out that it isn’t really forex made easy, it can take a long time to learn to use the system and if you’re looking for an easy way to make money this isn’t it.

The best advise I can give on this software is to read the reviews. If you decide to purchase, make sure you read the fine print so you can claim a refund if you’re not happy. Remember Forex Made Easy stands for 4X Made Easy.