To be honest, I was really reluctant to have a go at this new trading tool called Forex FapTurbo. Nevertheless, the live testing results that the owners demonstrate on program’s main site made me very intrigued to learn more about the software. At the end, I made up my mind to accept the money back guarantee of the robot and ordered it. After giving FAP Turbo a try for many days now, I would like to review some of the mechanics of this software and the test results achieved with it.
It is actually a special program that can be installed into the Forex trading platform Metatrader which you can get for free. This kind of software robot is also known as an Expert Advisor in the foreign exchange business. Primarily, the robot will trade by itself since it has a set of internally programmed rules that dictate the way it makes trades. There are several automatic robots that have proven to be very profitable, though you should also realize that more than 80% of robots are a piece of crap when traded on a live account, this is the reason you should research carefully before making any purchases.
This automated software is written by 3 IT specialists who are also knowledgeable in currency trading. It is a much more useful version of the previous most powerful robot Forex Autopilot created by Marcus Leary. The new FAPTurbo uses much more lower risk controls.
During a week of testing on my demo account, the program made 28 trades and 27 of these trades ended up in profit (96% accuracy rate). I used a not significant capital of $1,000 and it ended the week on $1,175. Right away I started using the software to one of real account and today it is generating income similar to that of my demonstration account.
FAP Turbo has not been around for several years, and yet there are already plenty of reviews that you can find in the World Wide Web. Some are written by professional forex experts, others by beginners. You can also find a review of FAP Turbo by skeptics.
Indeed, FAP Turbo reviews come in all shapes and sizes. Unfortunately, not all of them are true. Some were created to discredit what could be the most effective forex product in the market these days.
Today, you will get to read a sincere review of FAP Turbo.
The Good Points
Everything will always have two sides of the coin. You can’t expect something to be perfect, only the best. FAP Turbo belongs to the latter category. There are a lot of things to love about this product. First, this is a robot that you can easily install into your PC. Since it runs through the use of a script, you can practically leave this alone and do your own stuff. It trades for you, so even if you’re not doing anything at all, you are earning something out of your investment.
Now, this sounds too good to be true, as forex requires effort and techniques. Based on a research, Turbo has a success rate of 95 percent. It also offers back tests of real accounts-there are no simulations. This will help you clearly see that the product does work. You can also update the results every 15 minutes.
Second, FAP Turbo has an excellent support system to its members. Besides the message board and the FAQ section, it also offers countless video tutorials. Each video lasts for only 5 to 7 minutes to make sure that you can definitely absorb all information. They are also divided into different chapters and are properly labeled. Most of all, since they are stored in your profile you can always watch them anytime.
Third, Turbo gives you an opportunity to earn more. Its affiliate program guarantees you conversion rate as high as 30 percent. You can also earn if you sign up in its brokerage account called MetaTrader. The bonus can be as much as $500.
The Bad Point
Because the product is so good, it’s very hard to pinpoint its defect. But since we’re trying to come up with a real review of FAP Turbo, it’s very important for you to know its possible flaw. It will not run unless you have an Internet connection and your computer is on. Nevertheless, this already has a solution. The VPS server allows remote access of your account. Thus, even if your computer is not running, the robot will still be able to do its job.
Does the FAP Turbo Forex trade robot really work? This currency trading robot is an improvement of the previous best selling Forex robot, the Forex Autopilot software. FAP Turbo is made by 3 expert programmers and traders Steve, Mike and Ulrich along with the assistance of Marcus Leary.
Performance of the FAP Turbo Robot Live Testing So Far
This Expert Advisor has been working very well for me ever since it was first released. I have achieved similar results to those of the live trading accounts shown on the FAP Turbo Website. You can visit the site to see live trading accounts used by the robot which is updated at every 15 minutes.
Account 1 : Starting Capital – $370, Final Balance – $3,100, Duration – 30 Days Account 2: Starting Capital – $2,500, Final Balance – $6,700, Duration – 32 Days Account 3: Starting Capital – $10,000, Final Balance – $32,900, Duration – 90 days
FAPTurbo Backtest Results
This Forex trade robot managed to turn a starting account of $10,000 into $499,785 during its 9 year backtest. Although it really seems too good to be true, I have compared the report with historical currency charts and their price movements and specific timings, and have found the report to be 100% accurate.
Features of the FAP Turbo Forex Trade Robot
This new and improved version of the robot has many features that enhance the risk protection of your capital. These features include the High Spread Protection System, Automatic Risk Scaling and Build-In Loss Prevention System.
FAP Turbo works 100% on automation, and all you have to do as a user of the robot is to update your account capital size when necessary. So far it has been making money regularly for me and promises to be the safest and most consistent Forex trade robot.