MY REVIEW OF INSTANT FX PROFITS

Product Name: Instant FX Profits
Category: Business - Forex Trading
Delivery: Instant Download
Price: $998
Official website: www.ifxprofits.com

PRODUCT DESCRIPTIONDEVELOPERREAL OR SCAM?USER FEEDBACKBONUSESMONEY BACK GUARANTEEVERDICTEXECUTIVE SUMMARY

WHAT EXACTLY IS THIS?

Instant FX Profits is a complete Forex trading home study course covering the essentials of Forex trading from the very basics such as setup conditions, entry rules, initial stop rules, exit strategy rules, risk management and money management guidelines to the more advanced strategies and techniques. The Forex strategies taught in the course have been back-tested with 100% accuracy for the past 8 years. In addition, Instant FX Profits is the only Forex trading course in the world to be certified by a tertiary institution, in this case by the Metropolitan Business School in UK. The course is divided into seven modules, each with detailed explanation of the intended subjects. A highlight of some of the topics taught in each module is as follows:

Module 1: Forex Trading Power Jumpstart

• How to develop an expert trading mindset even if you have zero experience
• How to calculate profits for every single trade
• Learn the special characteristics of every major currencies in order to decide on which currency pair to trade
• How to profit in an uptrend as well as downtrend market

Module 2: Simple Step-by-Step Videos on Opening and Operating Your Trading Account

• How to identify Forex brokers that are honest and reliable
• How to get your account opening application approved instantly
• How to operate the trading platform efficiently and effectively including account automation

Module 3: Instant Profits Trading Strategies

• How to determine the market trend at any particular point in time
• How to use different time frames to confirm your trades
• Understanding support and resistance and how to use them to improve your trades
• How to determine whether a market is being overbought or oversold before making your trading decision
• How to define your winning entry and exit targets, and trade profitably at exact entry and exit points

Module 4: Instant Profits Advanced Trading Strategies

• How to trade Forex with 100% accuracy for every single month
• Find out what the big players are trading
• The step-by-step guide in making profitable trades
• Learn Kishore M's proprietary strategy combining futures trading and spot Forex

Module 5: Profit from Global Data and Economics Calendar

• How to forecast economic conditions and profit from it
• Learn when the bank of each major currencies will announce news that will shake the Forex market & explode your income
• Learn the economics indicators that have strong influence on price movement and how you can capitalize it
• Learn how each economics indicator affects the currencies and when you should pay attention to it

Module 6: Money and Equity Management

• How much you should invest in each trade
• Find out the most important thing in trading that 90% of the traders ignore
• Learn the essential money management rules used by professionals and fund managers to ensure the odds are firmly in your favour
• Learn the 10 irrefutable traits that all traders must develop and attain in order to make over $100,000 in a single year
• Discover the step-by-step plan in generating $2,000 a week consistently

Module 7: Trade Live with Kishore M

• Watch step-by-step videos on how Kishore researches a currency on a live Forex market before placing an order
• See how Kishore actually applies the Forex profit strategies taught in the course in live Forex markets
• See how Kishore operates his personal trading account placing orders and making profits

WHO DEVELOPED THIS?

Instant FX Profits was developed by Kishore M who has over a decade of experience in the stock , Forex, commodities and derivatives markets. Kishore is a highly qualified professional with a Master in Business Administration from Southern New Hampshire University USA, an Advanced Diploma in Computer Systems Management from NIIT and a certificate in Computer Network and Internet Applications from IIT Kharagpur.

He is now a certified Investment Representative, ETS Derivatives Qualified Trader and was also trained by the Chicago Board of Exchange and Pacific Stock Exchange Members in Derivatives Instruments on options and Futures Trading.

Kishore started his career with a securities broking firm on the OTCEI exchange as a Private Fund and Equity Manager, managing portfolio for high net worth individuals and subsequently headed several startups in Asia and in the US ( Silicon Valley ). He has conducted stock and derivatives seminars for international brokers such as REFCO based in Singapore and regional brokers such as CIMB based in Malaysia.

He is the author of the best selling book "Retire Rich In 30 Days" and his articles have appeared several times in Singapore Stock Exchange Magazine. He has been featured several times in Indonesia (Jawa Pos) and Middle East Newspaper (Khaleej Times) as well as in Bloomberg TV, BBC, Malaysia Business TV Channel and Singapore Channel NewsAsia, News Radio 93.8 FM, Asian Banker Journal, and on Global Hedge Fund websites such as Hedge fund Center, HedgeWeek, HedgeFund Research and Hedge Funds World.

Kishore also provides derivatives workshop to senior corporate management teams, broking houses and Derivative Exchanges Members and conducts stock market seminars to public audiences across Asia and Middle East. He has trained over 50,000 participants in 10 countries (such as Hongkong, Malaysia, Singapore, Indonesia, Middle East, Phillipines , London, etc.) in the area of alternative investments. Some of his participants include professionals from ABN AMRO Bank, RHB Securities, AMEX, Deutsche Bank, HSBC, Citibank, Doha Bank, CIMB Securities, Manfinancial, REFCO, DBSVICKERS, CSFB and UOB Bank. He was also a CNBC-TV18 markets Anchor for a brief period. He also publishes an investment newsletter - Traders Alert, every week and trades his own account under his proprietary trading company - Futures Capital Holdings which has a performance of 99.05% return (2003-2004) and 233.13% return (2003-2005) as attested & certified by auditors Ernst & Young.

WILL THIS REALLY WORK?

The ability to trade Forex profitably is a skill that cannot be acquired overnight. It is absolutely critical for anyone who are serious about Forex trading to acknowledge that investment in sound Forex education and real life experiences will be the key to success in this business. There are tons of online Forex courses out there, each with their own selling points. Most of them are of great educational value, but whether they can really help aspiring traders to make profits will depend on how consistently and 'religiously' those traders can stick to the intended plan.

In choosing between these online courses, we would like to see reliability in the course contents. This can be evidenced by the reputation of the provider, its track record and preferably some general recognition of the course. With Instant FX Profits, we are glad to say that these qualities are found. The provider, Kishore M and PowerUp Capital has staged various seminars around the world providing Forex education to thousands of people. The course has a proven track record to be profitable and the certification by a business school provides assurance that the course contents are of decent quality.

Another important criteria to consider is the ease of understanding of the lessons being taught. Instant FX Profits has been known for its layman and easy to understand approach so that even a person without any trading experience could easily grasp the concepts and apply them quickly. Many of Kishore's students who have attended his live seminars have claimed that the contents of Instant FX Profits are very similar to those being taught in the seminars. Therefore, this course can be looked at as an alternative to attending Kishore's seminars which are much more expensive and not readily accessible by everyone.

There will be pros and cons in any trading system. While we are on the subject of education, it will always be subjective. The system and contents may suit one but not the other. There are always other systems out there that can provide the knowledge and advice to the community of traders. Just be sure to invest in a system that you feel comfortable with.

WHAT HAVE OTHERS BEEN SAYING?

There are tons of testimonials from Kishore's students who have attended his live seminars as well as users of Instant FX Profits that can be found on the PowerUp Capital website. However, we would like to see more independent user feedback. Here are a few that I managed to find:

"I purchased the course and it really delivers what it promised."

-Actual user feedback (Andreas Juskowitz from PowerUpCapitalOnline.blogspot.com)

" In fact, I even purchased his online course, Instant FX Profits, the contents of which are very similar to those in the live seminar. I wanted a Forex guidance that I can refer to as and when I desire because I may start to forget some of the principles taught in the seminar. On top of that, the course gives me online support so that I can ask any questions or doubts for a year."

-Actual user feedback (Ian Chiam from PowerUpCapitalOnline.blogspot.com)

"I have to give credit to Kishore for his teachings in this online course. Everything is clearly explained from A-Z. I have currently profited over USD3,000 from the Forex market. The price of USD998 for the course is really worth every single dollar spent. In fact, I treat it as an initial investment in starting out Forex trading. It's a system that works IF you strictly follow all the principles taught."

-Actual user feedback (Mohd Faiz from PowerUpCapitalOnline.blogspot.com)

"It helped me a lot, it really made me dedicated to what I'm doing. I would even dare to consider myself to be a successful trader already. I have been trading Forex for 2 years now with steady profits. I am spending aproximately 2 hours per day in front of the computer doing simple and effective analysis and making profitable trades. Sometimes, I spend even less time."

-Actual user feedback (Mandy Kaur from PowerUpCapitalOnline.blogspot.com)

"All traders know that there is no holy grail to Forex trading. But I must tell you, Kishore M's online Forex course is the closest one to it. I was given the opportunity to attend Kishore's online course for free because I won a scholarship from his website. It's been one full year and I must say, I have made USD2,565 from my trading efforts using his MRCI report technique. There are other techniques that are profitable too especially the Non Farm payroll technique"

- Actual user feedback (Kenny Lim from PowerUpCapitalReview.blogspot.com)

"Kishore’s Instant FX Profits course is everything people say it is. This course taught me about the basics of Forex trading all the way to real profitable strategies like the Instant Pip technique and the Pip Maximizer technique. These strategies are what professional traders in banks use in their everyday trades.

What I value most about this course is that Kishore stressed a lot about money management in our Forex trading account. For example, he advised me to only risk 2% the most in a day in my trades so that I do not wipe out my account very fast. One of the keys to becoming profitable in Forex trading is money management besides having good reward to risk ratio in the strategies"

- Actual user feedback (Nadira from PowerUpCapitalReview.blogspot.com)

"How I wish I discovered this course earlier. I had spent thousands of dollars in Forex courses over the years and none have produced good results. They are either too difficult to understand or bored me down, demotivating my interest in trading. Instant FX Profits is the'holy grail' for me. It's straight to the point, easy to understand, interesting and more importantly, effective. This is the first time I make serious profits from Forex trading thanks to Kishore. I never thought Forex trading can be so simple. Try it out, guys. You won't regret it."

- Actual user feedback (Lenny Williams from PowerUpProducts.blogspot.com)

" Instant FX Profits have done marvels to my life. I can now make consistent profits every month from Forex trading. This is a skill that will be with you for the rest of your life. I do not have to worry about recession or losing my job. In fact, I believe I can quit my job someday and be a full-time trader. For those who wants to retire early or quit your job in the future, don't hesitate to invest in Instant FX Profits, for the returns will be huge."

- Actual user feedback (Russell Tallman from PowerUpProducts.blogspot.com)

ANY BONUSES OFFERED?

Yes. In addition to the 7 modules as described above, Instant FX Profits comes with 7 bonus items as follows:

• Instant FX Profits Auto Trend Forecast - An indicator that works on the Metatrader 4 platform providing signals for potential trade entries with high winning chances.
• Instant FX Profits Complete Manual - A manual used in conjunction with the accompanying video tutorials enabling access to all the screenshots, detailed explanations, indicators and online resources easily.
• Instant FX Profits Daily Alerts - Receive free alerts on the exact currencies to buy or sell, exact entry and exit points everyday for a year
• Charting Online Website - A tool that can be used to find the exact entry and exit points for all of your trades.
• Instant FX Profits VIP Lifetime Membership - Get email and chat support and updates to the online course materials for a lifetime.
• Exclusive Access to Weekly Trading Room - Discover the latest trading methods and polish up your Forex trading technicals and learn fundamental and news based trading.
• Graduate Gathering 2009 Private Recording - A video recording of a special graduate gathering session with Kishore's top performing students showing how they trade live using the strategies learned.

IS THERE A MONEY BACK GUARANTEE?

No. Instant FX Profits does not come with a money back guarantee. Kishore's reason for this is that he only wants serious students and that they would surely make trading as a profitable career under his guidance. In line with this philosophy, Kishore offers a '2nd Income Guarantee' instead, under which you will be given another year of free access to his daily alerts if you do not make money within the first year of purchasing the course. The goal is ensure that second income is generated as fast as possible.

IS THIS A BANG FOR YOUR BUCK?

At a price of $998, Instant FX Profits seems to be an expensive course at first sight. However, considering the certified course contents and bonus items, it deserves a second thought. What I really like about them are the daily alerts and lifetime online chat and email support, as these are crucial in complimenting the topics and subjects that are being taught. It's just like having a teacher at your side guiding you that you can ask anytime you want about things you don't understand.

The unavailability of a money back guarantee may lower the ratings but this is an educational course that we are talking about. As with any education, not everyone will be suited to the techniques and principles being taught. But we have to admit that Kishore really does a great job in making his lessons as simple as possible.

Overall, Instant FX Profits is a course targeted at individuals who are really serious about learning to profit from the Forex market, and thus willing to invest in sound Forex education. It is not some magic formula or secrets that can help you earn your first million dollars in a few days. It can also be looked at as an alternative to attending live seminars which are much more costly and time constrained. My final words: This is for serious traders only.

EXECUTIVE SUMMARY

What exactly is this?	A complete Forex trading course covering the essentials of Forex trading from the very basics to the more advanced strategies and techniques. It is the only Forex trading course in the world to be certified by a tertiary institution and the Forex strategies are claimed to have been back-tested with 100% accuracy for the past 8 years.
Who developed this?	Kishore M, a professional trader who has over a decade of experience in the stock , Forex, commodities and derivatives markets. Kishore also provides derivatives workshop and conducts stock market seminars in many countries around the world.
Will this really work?	Being an educational course, the most important factors to be considered are the quality of the course contents and how easily they can be understood. Instant FX Profits has done a great job in making the learning process easy ans enjoyable. It should be noted that all trading systems have their individual selling points as well as their pros and cons. The ability to follow a trading system consistently is key to achieving success in this business.
What others have been saying?	There hasn't been many independent user feedback available. However, those available seems to be in favor of the product with record of decent results being achieved.
Any bonuses offered?	Yes. The course comes with 7 bonus items including lifetime chat and email support and daily alerts which we find to be the most useful.
Is there a 'Money Back Guarantee'?	No. There is no money back guarantee being offered. Instead, a '2nd Income Guarantee' is given, which includes free access to Kishore's daily alerts for another year if you do not make money within the first year of purchasing the course.
Is this a bang for your buck?	The pricetag of $998 may be high but could be justified by the certified course contents and great bonus items. All in all, this is a Forex trading education course that is for serious aspiring traders only, who really treat Forex trading as a business instead of just a hobby.

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AUTO FORECAST EXPERT

Kishore has recently launched a new Forex signal indicator software called Auto Forecast Expert. This indicator works on the MetaTrader 4 platform giving buy and sell signals and also automatically calculates a stop loss for every trade.

I have tried this indicator for over two weeks now and have found the signals to be quite accurate. Out of the 25 trades entered into, 19 were winning trades while the other 6 were stopped out. However, despite 6 losing trades, the win-lose ratio remains very much positive.

Unlike Instant FX Profits, Auto Forecast Expert has a 30 day money back guarantee, probably because it is not an educational course, but a software product.

I suggest trying this out on a demo account before going live. Also, don't over-rely on this indicator. I found that it is most effective when used as a tool to confirm a trade decision.

For instance, if the indicator gives a buy signal on the EUR/JPY, don't enter into it immediately. Instead, conduct a simple technical analysis such as finding support and resistance, determining market flow or check what the technical indicators (such as RSI, MACD, etc.) are showing. By doing this, we are using our own knowledge to enter into a trade, while being complemented by a signal indicator. In other words, treat Auto Forecast Expert as a virtual partner in your trading activities.

Find out more about Auto Forecast Expert and its full features here.

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