Fapturbo forex currency trading robot review

On this Fapturbo forex currency trading robot review, you’ll be able to learn more about this robot. You know that Fapturbo can be a forex currency trading software which is designed to automatically trade on your behalf. It works on the Metatrader4 platform. Besides, this robot is extremely simple to operate. You are able to effectively employ this program even you cannot know anything about using any trading robot. What you should do is simply to set up the robot and hang up the approval to the correct setting. That’s about that to perform because, after that, your robot can be left running by itself. Fapturbo forex currency trading robot has two strategies, which are short term strategy and lasting strategy. You should use either one of the strategy, or a mix of both by adjusting the setting as previously mentioned. However, this robot cannot make trades for you personally if the market is not predicted which has a high accuracy rate. It really waits for better opportunities. This is why why no trade is made during that day. This problem is known as safe since there is no need to risk your cash inside the situation that way. Furthermore, Fapturbo forex currency trading robot now offers the two of you options. Online software and desktop based software. Online software will be better for many who travel a lot Instant Forex Robot simply because they can access their accounts anytime and anywhere. For desktop based software, the robot will run on your own computer to make the trade for you personally while you’re sleeping or doing anything at home. If you are not sure about trading with real money, it is possible to set up the Demo account on the Fapturbo forex currency trading robot as well. You don’t have to worry about this since you will be given the step-by-step guide on the way to set up your own personal robot, in addition to a large amount of video tutorials that you can watch and follow. First thing you should do would be to install Metatrader Client from the broker. And then, you merely install Fapturbo forex currency trading robot to the Metatrader. No problem. It isn’t as difficult since it sounds. Your robot can be set up easily as you have the recording tutorials to walk you through everything, including how to put together your broker, your software, and the short term or lasting strategy. However, simply uses effective use your Fapturbo forex currency trading robot, you may want to make sure tweak the setting until you find your very best self strategy. Many individuals think that many robot can be a scam simply because they rush to produce their trades immediately right after installing the application without testing their strategies first. That’s why they end up losing their. However, if your robot gets the right setting, you will don’t have any problem seeing the amazing results alone.

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Hello everyone. A while back I purchased the FapTurbo forex trading robot and made a few posts with preliminary performance results. After a period of testing I am confident that I have enough performance data to share with you all and to put together a review. As usual this review will be a zero bullshit review with actual forward testing performance results – we don’t need no stinkin backtests!

I am going to write this review keeping in mind forex newbies as well, so my apologies to those of you who are more advanced if some of the items I will discuss will strike you as one of those “whatever, I already know that” type of things.

Alright, so let’s get started with the review!

What is FapTurbo?

FAPTurbo is a forex trading robot (most commonly referred to by traders as an “Expert Advisor” or “EA”) for the popular MetaTrader 4 trading platform. Essentially fapturbo is a program that automatically trades for you – simple enough, no? OK, let’s move on.

Who created FapTurbo and how did it get started?

From my knowledge FapTurbo system was developed and is being maintained by a trio of traders – Mike, Ulrich, and Steve. FapTurbo has it’s roots in another trading system called “Forex Autopilot.” The FapTurbo developers essentially took the Forex Autopilot robot, made numerous improvements and branded the resulting product as FapTurbo. I will get into what improvements FapTurbo brings later on in the review.

Important things you should know about FapTurbo:

1 – FapTurbo uses 2 trading strategies, a long term strategy that runs on the EUR/USD pair and a short term strategy (scalper) on 4 other pairs. You can run both strategies on the same account.

2 – FapTurbo long term strategy runs on the EUR/USD currency pair on the M1 time frame.

3 – FapTurbo scalper runs on: EUR/GBP, EUR/CHF, GBP/CHF & USD/CAD on the M15 time frame.

4 – FapTurbo scalper trades during the briefly low volatility night European session (in EST that would be from 4 pm to 9pm roughly) Thus the scalper is not a frequent trader.

5 – Both FapTurbo strategies implement special filters to prevent trading in dangerous market conditions.

6 – FapTurbo scalper will NOT trade if the spread exceeds its reprogrammed value.

7 – Both FapTurbo strategies implement a stealth mechanism that hides the true stop loss and take profit levels from your broker, thus reducing the likelihood of stop loss hunting (yeah I know it’s sad but you’d be surprised how many brokers do this)

8 – FapTurbo can be used on an unlimited number of demo accounts but can run live on only ONE account at once. If you decide to switch to a different broker you have to e-mail FapTurbo support with proof that you’ve closed your previous account before they reset your activation key. Please keep this in mind! So choose live brokers wisely!

I think that pretty much covers all the important details. I may have forgotten a few items so I will add items later on if need be.

Now let’s talk performance! I know you skipped directly straight to this section ;) !

Performance Results:

As I said previously FapTurbo uses two trading strategies, thus there are three possible combinations you can use – scalper strategy alone, long term strategy alone, or scalper & long term strategy running at the same time. In the interest of thoroughness I have tested all three possible combinations. Here they are:

Long term strategy alone (EUR/USD M1):

Using a Lot Risk Reductor setting of 1.0 (1% of account balance – very low risk)
Scalper strategy alone:

With the scalper I am using a Lot Risk Reductor setting of 1.5 (1.5% of account balance)

Both scalper & long term strategy:

Lot Risk Reductor setting for EUR/USD is set at 1.0 and for the scalper pair it’s set to 1.5 for all pairs

There you have it folks, verifiable third part performance results. As you probably have noticed the scalper had a rough time the last week or so, but in the end it still netted me some nice profit. The long term strategy is also quite profitable but I’d say also more risky because the stop loss it uses is higher when compared to the scalper AND it also opens multiple positions at once. By default the long term strategy has a setting of 5 max open trades but if you want to trade a bit more conservative you can lower this setting. I would not suggest you do this for the reason that having more then one position can act as a protective hedge. FapTurbo long term opens BOTH short and long positions (buy & sell for the newbies) so having it trade with 5+ positions at once not only means more profit in the end but also greater protection from price spikes and strong trends. So like I said I suggest you leave the setting alone unless you really know what you are doing.

As for the scalper, it trades with only one open position per pair. It’s only protection from the market is a filter known as the “MaxHeightFilter” which uses candlestick analysis to dictate whether to open a position. There is also the spread filter I mentioned earlier in this review, but that’s more or less a “common sense” type of filter if you may. The scalper does NOT trade on Friday & Monday (European session time!) as these two days are generally considered “risky” by traders. Thus it leaves NO open trades over the weekend. The long term strategy on the other hand DOES. But you can turn this off if it makes you uncomfortable. The long term strategy also has a NFP (non-farm payroll news release) filter which can be set to either on or off – by default it is on so it WILL trade the NFP release.

Looking at the 3 performance statements you can see that the most profitable combination is using both the long term and short term scalper strategy. Personally I prefer the scalper strategy best because it seems to me the “safest” trading method. If you are going to use both strategies on the same account I HIGHLY recommend you double your starting account balance. Adjust your risk setting (LotRiskReductor) setting accordingly and do NOT exceed 10% of your account.

Ok, let’s move on to the final section section of this review and talk about this forex robot’s pros and cons:

What I like:

1) It’s profitable so far!
2) Easy to use and setup
3) Excellent filters that prevent the robot from trading in risky market conditions
4) Fairly inexpensive considering its profitability level

What I don’t like:

1) FapTurbo support can be slow at times
2) Being limited to only 1 live account per license
3) Expert advisor has an expiration date so you have to download a new copy every month – even if you don’t want to.

As for the support being slow, well, one way that you can get around this is to seek the help of other FapTurbo traders such as myself and others. I’ve put together a forum for all Forex Autopilot and FapTurbo traders and I recommend you come and join us. The forum has over 2000 fapturbo traders already so it’s definitely THE place to discuss all things FapTurbo related. Also the FapTurbo developers post regular updates on the forum as well. The link is:

http://www.forexautopilotforum.com

In conclusion, the FapTurbo expert advisor is a profitable forex robot that does exactly what it claims – make money. However please be realistic about this and don’t expect it to make you a millionaire overnight or to not have losing trades once in a while. The FapTurbo developers so far have been keen on releasing regular updates so as long as they keep at it this product should continue to remain profitable into the foreseeable future.

Having considered all pros and cons carefully I give FapTurbo a rating of 9.0 our of 10.

Rating: 9.0/10



This concludes my FapTurbo review. Thank you for your attention and for visiting my blog. I hope you come back again.

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    THE FAP 

Metatrader

Steve Carletti is a professional IT programmer and is the head developer of the Forex robot, FAP Turbo. Along with two friends from college, they have developed the program to determine the winning rates of trading  forex, in order to make money with small investments. To date, fap has sold over 55,000 copies.
FAP Turbo Overview
Ever found yourself getting up in the morning to go to a dead end job that you didn’t want to go to? Wonder why you are working ten to fifteen hour days, between five and seven days a week, simply to make ends meet? Shouldn’t life be easier, shouldn’t you be able to go on vacation, have the luxury items you want, and travel without having to worry about money?
The software for trading provides this solution to people. The goal is to work smarter, not harder. This software program works because the back-test results of the program are validated through the live forward trading. This means that if the fap robot is back-tested for a period of ten years, the results show a 48% profit per month. When forward testing the program, the live profit trades are doubled. Depending on the amount of money invested, people are making up to $40,000 in a month or so with a $5,000 investment.
Want to see how this trading forex can work for you? The inventor has made it easy to get started. Simply download the fap program, install on your computer, and start seeing the money rolling in. Income has never been as easy.
Forex fx trading

Maybe you are thinking this is a gimmick, nobody ever makes money on these types of things. With a little investment, in fact as low as $50, you can start making money today. Once invested, the results are seen in minutes of starting, because the program begins trading right away. Carletti uses his program to make his money, and is living proof of what this program can do for you.
There is no time commitment. Simply make the investment through currency trading  program. Leave the computer on and leave. The program continues to make the trades and provide you income. There is 24 hour income. That’s right; you make money when you are golfing, vacationing, traveling, and even sleeping. Begin enjoying life while making money with fap. This program is great for someone trying to make a secondary income, but truly does not have time to have a second job. It is also great as a primary job with a large enough investment.
The program shows on profits are made on back-tests. As important as this is, the program shows that this effort is also proven in live forward testing. The program automatically completes all the trades. This leaves you hand free to do other things. There is no need to sit at the computer all day making sure the computer is doing the work. The program automatically sends the income to your account as the trades provide you profit.
The program has the ability to provide high results because it yields high trading activities. The program has a high-spread protection system so you never pay high-spread costs. It also has a custom click installation. This takes the guess work out of installing the program for those less technical savvy people. Simply click install and the program does the rest of the work.
Due to the program you can now trade in multiple currencies. This allows for trading to occur 24 hours a day. This means constant income for you. You will never find a job that you will make money without working. The  program even works throughout any market conditions so you never have to worry that a environmental event or economic crisis will not yield results for you. There is a built-in loss prevention within the system to help you protect your investment. There is a low drawdown period and there are profits with real monetary deposits. That’s right your money is protected, you can make money constantly, and you receive real money in your account.

Pro Points for FAP Turbo

• Low startup costs of $50, of course you can invest as much as you want
• Huge market, there are over $3 trillion traded around the world everyday
• 24/5 – non-stop trading action 24 hours a day, 5 days a week (Monday through Friday)
• Volatile – huge opportunity every moment of the day
• Low cost – only pay the spread costs
• No cornering – impossible to corner the FAP Turbo in the Forex market, the number of people trading with the robot does not chance the efficiency and profitability of the program
• Up & down – you profit from the markets rising and falling in price
• No size limit – trade as big and small as you want

Negative Points for FAP Turbo

• Need a minimum investment, although this investment is not large, you need money to make money
• After the launch period the program is a month subscription fee
• Limited number of download copies available

Overall Conclusion for FAP Turbo
This program is the money maker people have been trying to find for centuries. It provides an easy way for individuals to live the lifestyle they have always wanted without the extra work.
The program is easy to install and easy to use. The cost is minimal since you are only paying a spread fee. The risks are also minimal as there are percentage risks taking to be set with the program. If you set the risk percentage to a lower number, the profit yielded is lower, but you are less likely to lose a portion of your profits in the next trade.

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FAP TURBO Assessment

FAP TURBO Assessment – The Greatest Forex Trading Robot

Posted on September 29, 2011 | Comments Off

Forex brokers were the one method for any foreign exchange user to manage or replace his account. There have been mounted numbers of steps that every foreign exchange player should go through it to buy or promote something from his account. Step one is to decide what he’ll promote or purchase then he call his broker to take his recommendation and then he asks his broker to confirm the deal or not.At this time foreign exchange players can manage and decide all the things via the new smart foreign exchange software program which known as foreign currency trading robot. This type of software program permits you to control your account via online forms utilizing only internet connection and laptop or via desktop software and usually it assist totally different operation system platform. You can view real-time analysis of the current market condition or you possibly can select which forex you might be only attention-grabbing in and the software program will generates real-time analysis for under the selected forex and then you possibly can go head and begin trading.
The best function of the foreign exchange robots software program you can make the software program works when you are off-line. All what you want is to supply set of variables and guidelines to the software program and then the software program will takes the choices relying on your entered variables.That is not imply that each one the foreign exchange players can go ahead and uses this new know-how because you possibly can only use this software program if you’re effectively educated about foreign exchange game. If you still have no idea the basics of foreign exchange game then it is best to all the time ask your broker for recommendation fap turbo review until you develop into professional foreign exchange player. If you are provisional or superior foreign exchange player and wish to use this method then it is best to take a look about FapTurbo which is one of the best foreign exchange robots accessible today on the foreign exchange market.Fap Turbo gives for the customers a web based platform where you possibly can trade at foreign exchange world without the wants in your borker. You should use FapTurbo at any laptop because it is working system independent, and all what you want an internet connection.
His software program not just provide real-time analysis and automatic decision making but it’s also give you some advices before you take your decision based on up-dated data from foreign exchange market. The software program designed utilizing the most recent complex mathematical algorithms which designed particularly for foreign exchange and Inventory Exchange world. An important function of this software program is that the software program can robotically manage your account. You just want to tell the software program what’s the risk stage you might be willing to take, what’s the minimum amount of profit you might be in search of, and what’s the stage of loss you aren’t willing to increase it. After that the software program robotically taking the decision every day or at schedule time relying on your needs.Lastly, Forex Robotic software program likes Fap Turbo can double your foreign exchange revenue but provided that you effectively educated about foreign exchange game. The best part of this sort of software program you can automate all the things when you are risk free.

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All About Forex Robots

Close to the conclude of December 2009 a mob known as the Forex trading Robot Globe Cup determined to begin a competitors to discover the greatest performing specialist adviser in the world. Their standards was quite straightforward. Anybody could enter but the robot should not have been commercially employed or offered just before. So essentially it had to be brand name new.

This Forex robot can be traded with ANY account size….Huge or Tiny.

Undeniable proof of entirely automated cash flow that absolutely everyone can place his palms on! See undeniable evidence.. >> operates completely automated while you sleep! >> Click on here now >>

Foreign exchange automated software program offers declare they will make huge gains for end users with no work but these Forex trading robots all drop funds. The reason why consumers shed is enclosed in this report.

If you are new to currency investing you would have probably heard about foreign exchange robots and the numerous reasons why you need to use them.

A single of these robots or investing assistants as they are often called is the FAP turbo. The makers of these robots say that these will make a difference in your forex trading buying and selling benefits due to the faster evaluation and simpler buying and selling knowledge which will result in greater revenue.

In spite of the huge amount of craps amongst the fx robot available in the market place a handful of great ones have been ready to make good on their claims. One of this kind of robot is FAP Turbo Forex Robot. FAP Turbo has not only produced excellent on it claims of doubling your forex trading deposits but it has also simplified the use of forex trading automating technique. So what can make FAP Turbo so stunning?

Technologies is eventually altering the evolution of Foreign exchange trade.

Most traders are turning to robotic trades for far more precise final results during trade.

The Foreign exchange Megadroid is the 1st automated software package system in the world of forex trade which is developed with an synthetic intelligence system. When it encounters shedding a trade its AI instantly seems to be for the causes why it missing and analyzes these knowledge.

When you are searching for the very best Forex trading investing options there are a lot of programs out there to aid you with the Forex investing method but Forex trading robots may be the program you have been hunting for to discover the most results with this form of trading. When you have the understanding about Fx you will be in a position to make considerably far better decisions about what you want to do with your money.
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FX MEGADROID

In the modern time, foreign exchange trading spiders have taken within the FX industry whilst Fx Megadroid automatic robot along with the Fap turbo have absorbed the lead of Fx bots. If you have any doubt around the popularity and interest in the two of these Fx automotive applications go to Bing and investigate offer these two robot words are being looked for each day, the actual result would seriously surprise you! Nice of these two automotive Foreign exchange programs is lightweight about the unparallel qualities which might be regarding them.
Benefits on the Fx Megadroid and Fapturbo
i The two Foreign exchange spiders are quite an easy task to get a hold of, add and rehearse they can be fully automated with no human ingredient. Many of them feature powerpoints in method of video lessons to help you uncomplicated and rehearse.
e The two of these Forex currency automobile software programs give higher perfection and accuracy and reliability in forecasting the market industry ailment. Even though the Foreign exchange megadriod was reportedly perfect for couples industry problem with 95.82Pct exactness whenever they have astonishingly surpassed this specified fraction and it has almost arrived at 100%! The Fapturbo on the other hand has climbed 99Per-cent, and thus exceeding the primary report that was given because of the software engineers from the software package.
o The Foreign currency Megadroid robotic predicts industry pattern by 50 % — 4 hours span and quickly changes to your applicable current market circumstance to complete commerce profitably when preventing trade gets hotter thinks a high prospect of reduction. This is the special feature on this money software which is unusual in a other Forex method which includes been around before now all of those other car systems use recent or stipulated market info for making prophecies and execute trade, which is not too safe for your market place setting that may be really unpredictable.
i The cabability to hide deal facts from brokerages is a impressive excellence of the Fap Turbo some stockbrokers may be unscrupulous and for this sort of brokerages, many is the greatest make use of and face shield your industry particulars. This high quality is termed Turn invisible method.
u The RCPTA (Reversed Correlated Cost and Time Examination) is actually a powerful man made thinking ability that abilities the Forex trading Megadroid. Right here is the very first time inside reputation spiders that the software for stock trading money is bundled with such incredible technological innovation that conjectures long run sector development in very quick time intervals sufficient reason for substantial correctness
Also? The Currency trading Megadroid and Fap Turbo are methods worthy of having within the Forex broker toolbox.

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FAPTURBO

Why am I reviewing Fap Turbo

Frankly speaking, I never like automated forex trading robots or any expert advisors. They have busted a few of my accounts in the earlier days.

Then one of my friend recommended me Fap Turbo, an improvement over Forex Autopilot => Compare FapTurbo with Forex Autopilot .

He told me that one of his "play" account was multiplying 30%-200% every week consistently. What he did was to let FapTurbo trade half of his play money ($250) at IBFX every time. Very risky in my opinion but this robot just kept multiplying his account week after week.

That interested me to try Fap Turbo since I could use it to trade a small portion of my capital. Better to leave it lying there.

True enough, it works reasonably well but my risk-lot setting is rather conservative at 10%. I am only averaging 5%-20% growth on my 5% capital allocated .
=> One of my live statement result with FapTurbo

So after 3 months testing, I am recommending Fap Turbo here. You can start with the FapTurbo Factsheet for more details



2. The Uniqueness

Unique Short-Term Scalping strategy

This is the main difference why this software has become the top selling forex trading robot recently. FapTurbo has a high trading frequency through scalping for quick pips whenever it can. Combined with a tight stop loss, your account can be multiplied faster over time.

That is why some of the users' account can multiply 2-3x in a week. It does depend on favorable trend though.

Scalping Multiple Currencies

Fap Turbo monitors 5 currencies and uses the scalping method to trade all of them simultaneously. They are EURCHF, GBPCHF, EURGBP, USDCAD, EURUSD.

Safe Filters to Restrict Big Losses

Have your account being burned out by a forex robot before? The reasons were the big stoploss parameters. All of them have around 300-500 pips for stoploss !

No wonder most of them were found out after the trend changes. The earlier profits were wiped out and those who compounded lost everything.

This is one of the most important parameter any automated forex trading software must have. A stoploss that aligns with the risk/reward ratio and winning rate.

FapTurbo has this built in safe-filters to take small fixed losses compared to most system that uses huge stoplosses

A Stealth Mode Operation

Brokers like to increase spreads and hunt stops on accounts using forex trading robots. And it doesn't help when most forex robots trade like one. Fap Turbo uses a stealth mode operation that hide the profit and stoploss values from the brokers

Most favorable comments from the users

Up to date, FapTurbo is the most popular forex robot with the users. It is able to multiply account faster and take in smaller losses that don't wipe out your account in 1 day! => Reviews from Users on Fap Turbo .


3. Benefits with FapTurbo

You can multiply your account faster with short term scalping

This was the main reason why I tried out Fap Turbo. I always thought forex robots should be doing scalping and multiplying small accounts during favorable trends.

Note that I say that small accounts not your main trading capital. With compounding, you could really rake up some decent thousand% gains with only your risk money at 100% max.

Not to mention that it can trade 5 currencies at a single time!

Your trading capital is always protected with small fixed stoploss

This feature is massive and what makes Fap Turbo works for long term. Lets face it, a software cannot cope with all kinds of market conditions. Therefore, it must take losses whenever it is wrong. That will help to preserve our earlier profits.

This is one area that the predecessor , Forex Autopilot failed to obey.

You have an trading strategy that is working for 9 years

Ok , backtest do not mean everything but at least you have a clue on the profitability and winning rate. FapTurbo scores a 5000%+ net profit with 96% winning rate. If the trading strategies inside this expert advisor is no good, it won't even be profitable

Your account is least likely to be flag by brokers

You should realised now that shady brokers do not like automated trading softwares. So there is every chance that they will sabotage your trading results with stoploss hunting and even banning your account. Thats why Fap Turbo employs a stealth mode operation to escape detection by most brokers.

You are getting a upgraded version over Forex AutoPilot

Forex AutoPilot made a lot of money in the early days when market was trending big. It then came down crashing with its big stoploss when the currency turn its trend. Forex Autopilot wipe away all the earlier profits with a single 500 pips stoploss.
(those who compounded everything)

The goal of Fap Turbo was to improve the weaknesses of its predecessor.


4. What I don't like ? (The Cons)

Each copy license is fixed to 1 broker

As each copy is tagged to your metatrader ID, you cannot change your broker once you have activated your copy. It will only work with 1 broker platform. This means that you have to buy a new copy if you wish to use the software with another broker.

FapTurbo does not trade on Friday

It is true that Friday can be a strange and slow day occassionally. That is why most traders would advise you to stay away. I personally feel you can be missing a lot of good trades.

There are certain session you can trade with high probability. This is due to profit-taking and indecisive nature near the end of the week. This is especially true at the end of US trading session. => FAQ User Guide on Fap Turbo .


5. Users' comments on Fap Turbo

The users are quite excited over the quick profits that this robot is good at. Well, the typical trader love to see many trades opening in a single day. So Fap Turbo kinda scatched the itch of most people gambling mentality.

The general complaints or feedbacks are the licensing policy mentioned above. Some of the users are using shady brokers who banned accounts or try to sabotage the trades made with FapTurbo. Brokers generally do not like popular automated forex trading softwares as they get profitable!

Therefore, y ou must open accounts with the reputable brokers like InterbankFX, Alpari, FXDD, FXCM, Forexmeta to avoid these problems.

FOREXFAPTURBO