Does FAP Turbo Result in Bigger Forex Profits?
Recently a new trading robot called FAP Turbo has been released. There have been a lot of talk in the Forex trading community about this robot, but what’s the verdict on it? Does it actually help you discover profitable trades and is it worth the investment? In this article, I’ll answer these questions and talk about how trading robots work.
First, who’s behind this software? This robot was created by an I.T. programmer named Steve Carletti. In the website, he shows a lot of proof that show the gained profits as a result of using the robot. According to Steve, the robot has been back-tested for 9 years, had been used for 9,465 trades, resulted in 95.9% winners and 5,000% net profit.
These kinds of results are impressive but when it comes down to it, the live results are what matters as many robots have impressive back-tested statistics. But what caught my attention was their live case study in which they turned $5100 into over $30,000 within 90 days. Remember, this is not a demo or back-tests but an actual live account with real money.
As you know, Forex trading has been growing by leaps and bounds over the last few years. There are so many advantages: using only a small investment of a few thousand dollars you can open an account and get started, the market is huge with $3 trillion dollars being traded every day, the market is open 24 hours a day 5 days per week, you can actually use the volatility of the market to make profits, you can make profits in a down or up market, and you can make big or small trades.
But most people will realize that having some capital and general knowledge is not good enough. You need to know how the market works, have a good trading strategy, be able to adapt to market changes, and be efficient with your time and energy.
Because there is a need of being efficient with your time and energy, automated Forex robots have been very popular in the industry. There are constantly new robots and software promising to help the everyday trader reap bigger profits. But most people are skeptical whether the robots are effective in such an unstable trading market. Can you really bet your money on these trading robots?
FAP Turbo is one of these trading robots that I’m going to review. This software is an automated trading robot that trades for you. You can start running the software and plug it on your broker. The robot is run under a certain preset rules that indicate when and how to trade without you doing anything.
The reason why FAP Turbo is so effective is because it aims to complete small trades at regular intervals. This strategy ensures that your loss is minimized and your profits are consistent. You can make great returns whether the market is down or up as the robot is designed to have a set of rules to help profit from falling markets. To minimize losses, the robot also places “sell” order when a currency you are investing in has fallen too low.
One of the most helpful things for beginners and for skeptics alike is the ability to trade with FAP Turbo with a demo account. This is especially important if you want to get a feel of how the robot works and if it’s something you want to depend on for your Forex trades. When you feel comfortable, you can open an account and start trading live.
FAP Turbo has an algorithm that determines when the market is hot and when is the best time to get involved with a trade. In my opinion, you have to make sure you get the settings right to make it work for you. It’s important to go through the strategy videos in the member’s area if you’re serious about getting this robot to work for you.
The first video you’re presented with is how to get set up with a broker (you just have to make sure the broker uses a metatrader4 platform to use the robot). The other videos walk you through an explanation through their strategies. One video explains the scalper strategy and how to set up the robot for it. The other video explains the long term strategy and how to set up FAP Turbo for it.
From my experience I’ve had the best results from the Scalper strategy and settings. I’ve had little to no results using the long term strategy and settings. To be fair, the creators have mentioned that the aim of this software is to rely on small quick trades to maximize profits and minimize losses. Maybe the long term settings were there to give alternative trading methods for more experienced traders.
There is a huge FAQ page in the member’s area that covers almost every question you can think of. You’ll also be given a phone number you can call to get live support if you have problems setting up the robot. To get a better idea of how the FAP Turbo robot works, be sure that you view the video demonstrations thoroughly.
I do want to say that I do have a gripe about trading robots (in general). Many of these robots are effective but only under certain market conditions. Also many robots may initially help you make a profit but may stop working after a while, until the market returns to a condition that the robot works well under. It’d be nice to have a robot that allows you to customize the rules for making trades, but you’d need to be an experienced trader with solid trading strategies. So far, I’ve seen great results in the two months I’ve been using this robot.
The positives of FAP Turbo
Unlike other complicated robots, the installation was simple and took less than 4 minutes. I love the fact that you can run it in a demo account before you start using your real money. I tried testing everything out in a demo account and so far I’ve seen some great profits. This is one of the best results I’ve had from using a trading robot.
When you purchase the robot, you’re given access to a private area where you’ll learn a great deal about Forex and be given a video tutorial of how to get started using the robot. Everything you need to learn about how to trade with this robot and install it is given to you.
I also like that their customer support is reliable. This is important if you need additional support for the software and need to troubleshoot a couple of things. You should understand that you cannot expect any kind of trading advice or strategies by contacting the creator. This goes for every Forex trading robot that you may purchase in the future. It’s just not time efficient for the creators to have a drawn out discussion about trading with you.
A few negatives about FAP Turbo
There are a few things that I didn’t like about FAP Turbo. First, the program will only run while your computer is turned on and connected to the Internet. That means if something happens to your computer (like a crash) or your ISP has disconnected service in your area, FAP Turbo will cease to work. This can result in your missing on some trades with great potential.
This is a common problem that man Forex trading robots have. To solve this problem, the creators offer a service to host your robot so it’s running almost all the time. You won’t have to miss out on any trades. The service costs $70 a month which is a hefty fee if you’re a beginner Forex trader. On the flip side, if you are making profits with the help of this robot, then $70 is simply a drop in the bucket.
So what should you do? First see, if FAP Turbo is right for you. Use it to find some trades and try it out for a month or so. If it works for you, then it’s time to invest in their hosting service. Using their hosting service will also take the load off your computer so it’s not running all the time.
The verdict
The desktop version of FAP Turbo costs $149 for a lifetime license. I would say it’s worth the investment for beginners as well as for experts. This is a great robot to automate your trading. However, not everybody is a fan of using robots to trade so you should probably use the demo function to see how it fares for you before you start using your own hard-earned money.
If you think it’s not for you, don’t worry. The FAP Turbo robot comes with a 60-day money back guarantee so you can return it for a full refund. After payment, you’ll be sent to a private area to download the robot and get license code to activate it. You can get FAP Turbo by clicking here: www.Fapturbo.com






