2009-05-08T02:56:00.000-07:00

Looking for an automated forex trading system that does what it claims? Then..

FAP Turbo the Best Profitable Robot!

FAP Turbo was launched on 25 November 2008 and there was so much buzz around this product launch that thousands of copies were sold on the very first day. Why all the hype ? Because Fap Turbo is different to all other Forex robots available on the market today, it’s as simple as that. Does Fap Turbo really work ? The short answer to this is yes, it does work and it can be very profitable, if you use it correctly. See the full review below for more details.

Before it was even released I was getting a ton of questions about it. Well, I was fortunate to get a review copy, and was anxious to test this bad boy out. A big claim in saying that it will double your account each and every month...

Ok so for my tests. I test on the EURUSD, GBPCHF, and EURCHF. I first started FAP Turbo on a $5,000 demo account. After the first two weeks of trading, with an average of 3-5 trades per day(less on fridays which is a good thing) the demo account was well on it's way to being doubled up 57% to 7850. 26 total trades, just 5 losses. Ok I was satisfied and was willing to go live with it.

I opened an account at fxOpen because of their low spreads back in the beginning of November. Well by the end of november, my $1,000 initial capital got up to $1890.34. So not quite doubled, but come on, pretty close!

I am very satisfied with both the performance and support of FAP Turbo.

To whom it is suitable for?

Clearly, this is an automated system that is aimed directly at beginners who either don’t know or care to learn the complexities of Forex trading. Whilst anyone can effectively take advantage, this is perfect for beginners who just want somebody else to trade their money for them and get results.

Furthermore, if your time is limited (like most of us) then this service is really an ideal solution as the whole point is not only to remove the complications of Forex trading, but to completely automate your trading so that you don’t need to spend much more than 15 minutes per week checking your stats and earnings. Nice.

What does FAP Turbo consist of?

After purchasing the FAP Turbo product, you are immediately taken to their member zone where you can download the trading robot with manuals and also watch a number of training videos. The product includes the following main components:

The Short Term Trading Strategy: The short term trading strategy of FAP Turbo uses a very profitable scalping technique that trades 4 of the main currency pairs in the 15 minute time frame. It is important to note that this is not the type of scalping technique that brokers hate..it performs only 1 to 5 trades every day with very strict money management. The short term strategy really has a lot of intelligence built in and various filters are used to ensure that only the best trades are taken. One of the best features of this system is the so called “Stealth Mode”, which introduces fake stop loss and take profit targets in order to hide the real values from brokers..a great way to prevent becoming a victim of things like stop hunting and other shady broker practices.
The Long Term Trading Strategy: The long term trading strategy is basically a modified and improved version of Forex AutoPilot. There is a long story behind this that is explained on the Fap Turbo homepage, but to summarize - the Fap Turbo developers were given permission by Marcus Leary to modify the Forex Autopilot code to see if they could address the shortcomings and then sell it as a separate product. What they ended up with is a system that is much safer and more profitable than the original Forex Autopilot. A fixed stop loss strategy was implemented to limit drawdowns, bigger profits are taken from winning trades and a variety of filters and indicators were added to avoid trading during risky and volatile periods.
Documentation and Training: One thing I noticed immediately is that the FAP Turbo documentation and training material are much more detailed than the ones you receive with other Forex robots like Forex Autopilot. All setting are explained in some detail in the manuals, even the ones you don’t need to change and there are videos in the member area to show you exactly how to set up the Fap Turbo robots on your pc.
Member Forum: Another thing that FAP Turbo has that you won’t find with many Forex robots is a member forum (mainly because most Forex robots don’t work and the creators don’t want people to discuss the product). As part of your purchase you also receive full access to the exclusive Fap Turbo member forum, as well as the popular monthly mentoring sessions.

What's good in it for you?

FAP Turbo has some high quality video tutorials that show you exactly how to set up all your screens. Very professional well done.
FAP Turbo is a robot so you don't have to search all day for your trades it automatically places them for you. The course is reasonable priced at just $149. So it won't break the bank.
FAP Turbo offers a 60 day money back guarantee. Which is always nice and the only type of products that I will purchase have a guarantee. (And actually a nice trick for this is whenever you order thru clickbank the product ALWAYS has to offer at least a 8 week guarantee on it. And if you aren't getting a response from the product provider contact clickbank at refunds@clickbank.com and include your clickbank receipt # and clickbank will provide you a refund no questions asked!)

What's Bad In It for you?

FAP Turbo is a robot which is great but the robot will only run when you are on-line. So if you are off-line or turn off your computer the robot will not enter trades for you. Will you miss the big trades?
They have solved that problem via a forex hosting service where it will host your robot on a server so it doesn't matter if you are online or not. The problem with it is $70 a month. Which is no big deal if you are making money with the program. But if you are newbie and money is tight that may be a problem. I do recommend getting the monthly service as it is refundable thru clickbank so if it doesn't work get a refund.
UPDATE: I have found a $35 a month option that works very well and we have used it for a couple of months.

FAP Turbo Summary - Overall Rating!

Ease Of Use - 8/10

Quality Of Info - 9/10

Value For Money - 9/10

Money Back Guarantee - YES

Visit FAP Turbo Site Here

FAP-Turbo Review