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Reviewer: John
Chapman
Rating:

Website
Reviewed: FAP
Turbo
FAP Turbo is an
automated expert advisor 'EA', more commonly known as a
Forex robot.
Fap Turbo is the brainchild of IT whiz kid Steve Carletti
and a group of Forex and IT professionals. Their Fap
Turbo robot was developed after they, according to their
website, tried and tested most of the existing Forex
robots and were disappointed with the results. The
group then decided to contact another Forex Guru, Marcus
B. Leary, to develop a joint venture project to create the
best and most profitable Forex robot ever made.
That's their story at least. Did they succeed?
Is Fap Turbo really this amazing and profitable Forex
robot?
Read on, in this review we are going to put
Fap Turbo to the test.
Click
Here to Listen to FAP Turbo
Testimonials
First the basics, Fap Turbo is an 'EA' Forex Robot that
trades on the MetaTrader 4 platform. MT4 is the most
common and probably the best trading platform for Forex
brokers and most Forex robots trade on this platform as well,
so nothing new here. A Forex robot is essentially just a
piece of calculation software, though not your run of the mill
calculator. Forex robots used to be the property of big
banks and hedge funds only, but with the rapid growth in
cable/broadband and processing power of home computers, now
small investors can finally get in on the fun.
Forex robots make money by trading
automatically, 24/7. The reason that they are successful
is because they can analyze data and historical data thousands
of times faster than the most experienced human trader.
Basically they can find a profitable pattern and trade on it,
before you would otherwise even consider doing so. This
feature, combined with the fact that computers never get
emotional and trade on greed, is the secret to the success of
modern Forex robots.
I recently had the good luck to test the Fap
Turbo robot. I am a rather conservative person and even
more so when it comes to my business and livelihood, which is
Forex trading, I tend to stick to my own systems that I have
developed over a decade of Forex trading. There is always
a lot of hype surrounding Forex robots, so I usually go into
these tests with a sound portion of skepticism. I am also
very focused on how easy to use these robots are. Many of
them claim to be 'turnkey', that is' push a button and go'
robots, but most require at least some tweaking to work
optimally.
Fap Turbo is a truly automated Forex robot that can and will
trade entirely on it's own without you having to lift a finger
AND more importantly, does so PROFITABLY more often than not,
which I will show later in this review.
But first, let's have a look at what sets
Fap Turbo apart from its competitors.
If you have read just one sales letter for a
Forex robot then I am sure you have heard about 'back
testing'. Back testing is the process of testing a Forex
robot on historical data to determine if it makes money or
not. Most robots make money trading on historical data,
simply because the programmers of the robot continue to tweak
the code until it does so, but that is in no way a guarantee
for real future profits. Fap Turbo though, does not make
any claims on back testing alone, but shows proof of real time
trading profits.
Fap Turbo has a history of making its users
profit as you can tell from the customer testimonials on their
website. Fap Turbo has been around for quite a while and
as far as I can tell, there are a lot of satisfied customers
out there.
Fap Turbo has received some criticism about
being too advanced for beginners to use. I don't agree
with this, but I do recognize that you will get better results
if you take some time to read all the material in their VIP
section and watch the tutorial videos. I think the
complexity of this robot is what sets it apart from the
rest. If you are new to Forex trading, I suggest you take
your time and ask questions on the forum. It might be a
good idea to start with a demo account as well. I also
suggest you go with the forex
auto scalper strategy and not the long term position
strategy. I have found the scalping system to be very
profitable straight out of the box, while the long term
strategy requires a fair bit of tweaking in my opinion.
OK, enough of the facts, let us get down to business! Did
the Fap Turbo robot actually deliver? Did I make money with
it?
Click
Here to Listen to FAP Turbo
Testimonials
I was cautious in the beginning and chose
only to deposit USD 1000 as a test. I did this for two
reasons, I didn't want to risk too much on an unknown and I
wanted to see if Fap Turbo was able to make money even
with smaller deposits.
The results after 1 month of 24/7
trading..? 2355 USD. So Fap Turbo more than doubled
my deposit after a month of trading. I have to say, I
have been very impressed with this robot and I am more than a
little jealous of the guys that have created this great
bot!
Seriously though, I have had good results
with Fap Turbo, which is really not surprising, because so have
many other traders. I suggest you check out their site and make
up your own mind!
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