FAP Turbo Reviewed
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FAP Turbo Review
Forex robot that doubles your money every month ? Can this really be true?
A computer program that automatically earns you money , is that just a dream?
FAP Turbo is meant to be just that.
You install it on your computer and let it run on your forex account, and the account just
grows. To good to be true?
Well as usual in life, yes and no.
FAP Turbo does really work, I’ve tried FAP Turbo on 2 accounts since January 2009 and here are
my results.
In January I opened a FXDD demo account of $5000 and let FAP Turbo run with default configuration.
After about 1 week of no trades FAP Turbo made consistent winning trades and finished the month with $1500 profits.
I then opened a live account of $1000 and let FAP T run with the same parameters.
In February FXDD increased their spreads. Now FAP Turbo is very spread sensitive, and there is a spread parameter that can be adjusted. FAP Turbo support (which by the way is excellent) suggests that you ajust the maximum spread parameter to only allow trading at spreads lower than 5 for EURGBP and no higher than 7 for EURCHF, GBPCHF, USDCAD. As the spreads at FXDD were between 6 and 11 I upped the maxi spread for the last 3 pairs and let the program run.
At the end of the month the account was loosing consistently 2 or 3 dollars.
I then opened a $5000 demo account at ALPARI UK where the spreads were much lower, 2 to 5 pips.
Within one month the account was up $1200.
Mostly winning trades on USDCAD and EURCHF.
A few losing trades on EURGBP.
No trades on the GBPCHF, where the spreads were again too high.
So Yes FAP Turbo does make money automatically on your forex account, the difficulty is to get the right broker with the right spreads. Although FAP Turbo does run by itself you have to keep an eye on it and monitor the trade results on the different pairs. During some periods, due to market conditions, FAP Turbo can lose constantly on one pair while winning on others, and you’ll have to adjust your FAP Turbo settings
accordingly.
So fully automatic money machine?
Yes, but as with any machine you have to look after it.
To get detailed reports on live FAP turbo account take a look at these 2 excellent sites :
http://www.fapturboreview.net/
and
Click on the image to go to the FAP Turbo site
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