Forex Arbitrage

[johnr59]

Hi,
Just wondering if you could give this a review, Forex Arbitrage | Official Site Seems to be software which picks up the difference in prices between different brokers. I thought if you bought of one broker you had to sell back to the same broker so don't quite get how this can work although the software is meant to spot the arbs and place the trades for you automatically when you press the appropriate buttons. Seems quite interesting and different from the normal courses etc.

Thanks

John

[Reviewteam]

Hi John,

Agreed it does sound interesting and is something completely new to us. We have added this to our Request list and would much appreciate any feedback from any members with previous and/or current exposure.

[Fatchance]

Sounds interesting but I doubt whether it could work. Sports arbitrage opportunities are usually only around briefly and given the speed at which the Forex market moves I doubt if there would be enough time to place trade,with spread and slippage added to the equation?

[zorba_g]

I'm interested to see how this will work. To my simple brain, it could only work with huge stakes.

<small pause whilst I check the site out>

Hmmm. Makes me wonder if it's based on the Sunday night open, taking the widest gap between brokers and setting the narrowest open as the target? But, $1997? Not cheap!

Still interested though!

Z

[fiscelan]

Agree with you guys. It's a nice concept but I doubt it would work with the Forex given its move speed. Also I'm almost sure you'll need to bet huge stake to have a decent profit.
I did a bit of sport arbs but I gave up because of the time you have to spend is too much relative to the profit you make.
Let's see how this software places trades, that could be interesting!