FAP Turbo Review
12.08.09 Update - We are now testing FAP Turbo on a live real-money trading account with FXCM.
View Live FAP Turbo Results Now
In today’s day and age, automated Forex trading robots are a dime a dozen, with everyone and their uncle Harry seemingly wanting to get a piece of the currency market pie. And for good reason, as that pie is now valued at around $4 trillion daily, in global market turnover. Despite the market being saturated with these types of programs, one particular trading robot has stood out from the crowd, and continues to make headlines in the market. It’s name is FAP (Forex Auto-Pilot) Turbo. This FAP Turbo review will take a closer look at the system that has caused more stir in amongst traders than any other system before it.
So why has the FAP Turbo forex trading system caught the attention of literally tens of thousands of people, traders and non-traders alike? Simply because this little program has been the cause of some life-changing profits being experienced by many its users. Or so these users claim.
The fact is, FAP Turbo is one of the few auto-trading programs that shows real-money live trading results, posted on their website. As opposed to back-tested results, which have proven to be very unreliable due to the fact that they are not produced in a real-time trading environment, but are determined through a fair amount of speculation and hindsight, live trading results are real trades placed in a real brokerage during live market hours. Simply put, live results cannot be refuted, as long as those trading statements are truly legitimate. Considering that it would be difficult to fake live trading statements, and the fact that many independent users of the system have produced similar live trading statements for verification of profits, evidence tends to point to FAP Turbo’s claims being legitimate, but ultimately the potential buyer of the system will need to be judge of that. Here is their up-to-date live account statement:
Here is a short video where you can here some user experiences and get a better understanding of what FAP Turbo is claiming their program can do for traders. You can continue to read our FAP Turbo review below the video.
The fact is, Mark B. Learly, FAP Turbos founder, has made some pretty wide claims about his trading robot, including the potential to double your money every single month. While such claims may cause many to quickly throw the system into the “too good to be true” pile, it is truly worth taking a closer look at, considering they also explain that they can back up what they say.
The first thing you will notice when you visit the FAP Turbo website, is the large bold title exclaiming “This is the only Forex robot with live proof of a $5100 real money deposit turning into $40,000, without lifting a finger!”. Certainly this is a very intriguing statement meant to capture the readers attention, and obviously peak their interest to check out these live statement.
After looking at the live results, you will notice that they are updated on a daily basis, providing up-to-date live verification of the actual performance of the system. Since these results are posted directly from the MetaTrader software daily, it would be extremely difficult to fake such results. These results may just be the proof needed to give the potential buyer that much needed assurance, that FAP Turbo is indeed able to achieve the claimed performance, in a real-money live trading environment. Traders who are undergoing a FAP Turbo review are encouraged to come back frequently to view the up-to-date results, and decide for themselves if these “proof factors” are enough to offer the validation they need to make a purchase.
When looking at the results posted on the site, it is immediately obvious that the best results are found by trading the EUR/CHF and EUR/GPB pairs. The main strategy of FAP Turbo is to be in and out of a trade a quickly as possible, while maximizing the amount of profit in that trade. This type of strategy is also known as scalping. Because scalping can be very risky if trade go you, it is important that proper money management is used with such a system. Fortunately FAP Turbo provides all the settings you need to set stop losses, lot sizes, and other essential money management parameters. Since protecting and preserving trading capital is one of the most important elements to successful trading, it is crucial that all users of this system setup these parameters in accordance with their tolerance for risk.
Almost everything with the robot is customizable, allowing traders to cater the system to fit their personal trading styles, and account sizes. The FAP Turbo trading system is designed to be ready to use out-of-the-box, but it is always good to know that the parameters can be changed at will. In fact, many people are finding that custom settings are proving to be even more profitable than the default settings.
FAPWinner.com, for example, offers a service that helps users setup FAP Turbo for maximum profit, while offering top-notch support and training. It is highly recommended that anyone using FAP Turbo also take a look at FAPWinner.com if they are serious about making long-term profits with this system.
FAPTurbo is a fully-automated system, which means that once your setup the system on the MetaTrader 4 software, you literally don’t have to do anything else, as the system will automatically open/close trades for you, without your need to be there. As long as you keep the software open and running, the trading robot will take care of all the trade execution on your behalf.
Since it isn’t recommended that traders use their own computers to run the software, you will want to sign up for a Virtual Private Server (VPS), that will host your account on a private and secure remote desktop. The server recommended by FAP Turbo is a little costly in our opinion and traders should consider signing up with our recommend VPS, where you will save 50% on the service. You can read more about this VPS service here.
In summary, the FAP Turbo forex trading system is an intriguing product that offers traders something truly unique when it comes to automated trading robots. It has been extremely well-designed, with the ability for the user to change a plethora of settings quickly and easily if they desire. However, this is not required as the robot has be designed to be ready to use with the default settings. The potential that FAP turbo offers traders is quite remarkable, and with the amount of positive reviews that have already been written by existing users, it may just be worth checking out. We certainly will be keeping a close eye on this one in the months to come, and will be expecting great results from our own live tests.
For information about FAP Turbo click the link below to visit their website:
