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FAP Turbo Review

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Posted by forexmaster On August - 24 - 2010

FAP Turbo Review

You’ve heard the buzz surrounding FAP Turbo Automated Forex Trading Robot and it’s ability to turn $5,100 into $25,100 – In 30 Days – Is FAP Turbo A Scam? I take a look at the software’s claims and it’s deliverable proof.

Forex Robot
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What is an Automated Forex Robot? Basically it is an “Expert Advisor” or EA that plugs into the MetaTrader 4 platform run by most online forex brokers. The EA controls the market analysis and buying and selling of foreign currencies also known as currency pairs eg GBP USD (British Pound/US dollar, GBP CHF (British Pound / Swiss Franc).

There are several Forex Robots for sale on the internet but Is FAP Turbo the Best Forex Trading Robot out there? or is it just another means of putting huge holes in you pockets. I personally use the software with the Metatrader platform and wondered if this was just a re-hash of the old Forex Auto Pilot (FAP) script.

The ultimate goal of FAP Turbo forex software is to provide a tried and tested method for ordinary people who want to trade the global forex markets without having to understand all the charting and technicalities of the market. The robot operates automatically, the investor just needs to leave their computer turned on 24 / 7. If leaving you PC switched on permanently is not possible, a remotely hosted VPS Server solution is recommended.

The design is such that the trader needs no previous knowledge of forex trading – a simple installation process is all that is required. The 3 “nerd” programmers have made FAP Turbo forex trading software really easy to setup just a simple single file download is required – then the EA is “plugged-in” to the host trading platform Metatrader (provided free by several brokers) takes over all the trading activities, all automatically controlled by the FAP Turbo EA.

You can use this software simply to get real-time forex prices and place manual trades or, to automate all your trading activity simply “plug in” your copy of FAP Turbo forex robot then active “Auto Trading”. Once you are happy with the performance of the robot trading your dummy cash account and your balance is looking healthy, it’s time to open a live account.

Seems simple heh, you just leave your PC switched on and the robot software, in conjunction makes you a boatload of cash! as they say “BIG Money Is Made NOT By Working Hard But By Working SMART!”

BUT HOLD on! as I mentioned earlier, there are several trading robots available for sale on the internet and depending on the configuration of these trading robots it is VERY easy to lose a lot of money too!
I have tested many and lost entire deposits – don’t worry these were just dummy cash deposits which you can easily set up inside Meta Trader’s Control panel.

FAP Turbo is different, it shows the forward live trading. This is conclusive evidence as the accuracy can be proved by the software’s back test report. The makers are so confident of the profit pulling power of this EA that they provide a LIVE! trading account statement showing all of their FAP Turbo trades on their website.

Programmed by 3 IT geeks, Ulrich Mike and Steve, they took Marcus B. Leary’s original FAP (Forex Auto-Pilot) coding and totally re-engineered it to create a much more stable solution with a built-in anti loss mechanism – a unique feature when compared to legacy forex trading robots.

The new self contained rules have been fully tested using back test data to ensure profitability over a given time period. Further proof is demonstrated by the geeks by testing forward live trading.

Take a look at their cash multiplication report:

* $370 Turning Into $7,300- In 2 Short Months
* $2,500 Turning Into $8,700 – In 45 Days
* $10,000 Turning Into $31,400 – In 90 Days

Once you have installed the downloaded package you can open a demo account with dummy cash, (eg $5000 or $10,000 – all deposits are in dollars) in order to test your various robot’s performance with various foreign currency pairs before risking real cash, BUT with FAP Turbo, the above figures were obtained using a LIVE account with REAL money, they have certainly put their money where their mouths are. YES! this is LIVE data and you can check out the live online trading account statement . The results refreshed every 15 minutes, see FAP Turbo Forex Robot in action, this will show live proof of both back testing and live trading.

But always remember regardless of a robot’s previous success there is no guarantee of future success and bearing this in mind ALWAYS use a good money management strategy, this is essential to ensure that you “live to fight another day” and not blow all your hard earned cash. FAP Turbo authors recommend that you test the EA on a dummy account as results differ from borker to broker. Once you have proved for yourself which currency pairs work best with your broker, it’s time to go live.

A clever addition is the “stealth” option that can be switched on or off, it hides all your “stop losses” and “take profits” form the broker so that they will never know when you plan to enter or exit a trade thereby ruling out any underhand tactics used by cheating brokers. FAP Turbo can also fake the actual stops and TP values visible to the broker again providing another level of safety to the trader – a nice safety valve.

To conclude, this is the only robot I know of, trading and displaying live real-time proof of the EA making REAL money, so therefore in my opinion this is the best forex trading robot, how many other trading robot vendors are willing to show you their bank balance, you might see some fake Photoshop’d screen shots – but how many live?

In the membership area, the authors are planning to change FAP Turbo from purchased software to a monthly membership model, it has already gone up $50 in price and is still fantastic value – I got in early and paid the launch price which includes lifetime updates and support. Remember when you buy FAP Turbo you can evaluate it risk-free for 60 days. If you are not happy for any reason you can request a no-questions refund so you are not risking any money just for trying it out. Once a refund has been issued your activation code will become invalid and your forex robot will stop working – so you really have nothing to lose.

Happy trading!

Get FAP Turbo here.

Readers who are searching the Internet for more information about the topic of forex trading, check out the page that is quoted in this paragraph.

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