This FAPTurbo review looks at the expert advisor that burst onto the market late in 2008 and has been taking the forex scene by storm. Is it really as excellent as the sales page makes out? Here are the excellent and terrible points of FAPTurbo in our humble opinion.
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User Results And Feedback
This is always the most valuable consideration for any forex robot. The results that the manufactured goods developers claim on the sales page are incredible of course, but what happens when you get it home? How does it in fact perform for people like you?
FAPTurbo does pretty well here. It beats most of the other automated systems on the market. Like all robots it has its terrible moments when the market does not behave in the way it is set up to expect, and (again like all robots) some people just have a terrible time with it for one wits or another, often because they lose interest while trying to set it up.
Do not expect to double your money in a week. The risk you would have to take to do that would be huge. If you discount complete beginners who were hoping to become rich overnight, the unbiased feedback in the forums is generally positive. Most people are reporting around 10% to 30% profit per month which is a excellent steady upshot.
You can choose either scalping/day trading or longer term trading settings. Be prepared for the occasional large loss among many smaller gains and do not let this unsettle you. It is part of the process.
Results from different currency pairs can vary widely. We recommend you start with EUR/CHF.
We spotted some users who were so lucky with their results that they have bought up to 5 licenses to use on different accounts!
Level Of Experience
For beginners, there is quite a bit to know. Do not try to cut corners and rush the setup. The video tutorials are fantastic and if you work your way through all of the points as shown in the videos you must be fine.
Most of the unenthusiastic feedback comes from beginners who either could not figure out the set up or tried it with real money before they knew what they were dependability. So get it running on a demo account to start, and be prepared to tweak your settings. Patience will be rewarded.
Technical Requirements
FAP Turbo will run on most modern PCs with Windows 2000, XP and Outlook. A high speed (broadband) internet connection is essential.
You will need to leave the PC on and connected to the internet any time that you want it to trade for you, unless you have the the software hosted on a remote server. This is offered by the developers as an upgrade and if you want to trade seriously with it, it may be worth taking up when you are ready to trade for real.
Brokers
You will need a broker that will accept robots and the Metatrader 4 platform. FAPTurbo recommend one in the manual but shop around for excellent spreads. Alpari seems to have high recommendations from FAPTurbo users.
Support And Guarantee
You have the right to claim a refund any time up to 8 weeks from buy if not satisfied. Note that the software is sold by Clickbank who have a fantastic reputation for their no questions guarantees. The developers’ support is there for technical questions so it is best to seek a key with them first. Clickbank will refund you, but don’t give up without giving it a honest trial.
Summary: A Top Grade Robot
This is beyond doubt one of the best and most flexible forex robots available to us today. If you know that the forex market is really about making steady profits, not million bread trades, you are likely to be very satisfied with FAPTurbo. So the final advice in our FAPTurbo review is to give it a try.
Check out the Official FAP Turbo Site Here>>
