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FAP Turbo Review
Top Rated Trading System 

FAP Turbo was launched on November 25, 2008 with a lot of buzz and fanfare. Thousands of copies were sold on the very first day of launch. Why all the hype? The answer to this is simple - FAP Turbo is different than all the other forex robots available on the market. But the most important question is, "Does it work?"

You bet it does.

Its objective is to provide a solution for people who want to trade the forex market with no human intervention, i.e. using software to automate the task. It’s extremely simple as well; all you need to be able to do is  download a simple file.

It was designed so for users that have absolutely no experience or knowledge of forex trading. The developer has made sure that the only thing the user needs to know is how to download a file, and from that point on, everything is automatic.

So let's take a closer look at why FAP Turbo is, in our opinion, the best choice this year for a profitable forex trading system...

FAP Turbo Rating:

FAP Turbo Review 

Our Rating Methodology
Overall Rating

How We Conduct Our Research

We determine our rating score by gathering and comparing at least 10 unbiased and unsolicited customer reviews of the product. These reviews are also supplemented with posts on message boards, blog comments and related social media sites. Opinions are only analyzed if the author is unbiased and was not influenced by a monetary incentive.

ForexVerse Rates FAP Turbo:

9.1

Out of 10

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Go to the Official FAP Turbo Site

Continue reading our full review below...




What FAP Turbo Claims To Do:

FAP Turbo was created by 3 extremely talented IT students named Steve, Mike and Ulrich. The developer took Marcus B. Leary’s initial advice and software code, and reworked it into a totally different and much more powerful profit creating product, with a PERFECT anti-loss mechanic that has never before been seen in another forex robot.


FAP Turbo has two built-in strategies:

  1. A Short Term Scalping Strategy
  2. A Long Term Advanced FAP Strategy

Each strategy is designed for its own timeframe and currency pair. For example, the long term strategy works only with EUR/USD M1. The scalping short term strategy works with 4 pairs – EUR/GBP, GBP/CHF, EUR/CHF, and USD/CAD, in a M15 timeframe.


You can find the full details of each strategy and their parameters in the FAP Turbo guide and the video tutorials (the videos are actually very well done). The built in strategies are based 100% on mechanical rules. The rules are also 100% objective and have been backtested to verify they produce a profit for a specific period of time. Furthermore, the developer provides proof that it works during live trading.


Best of all, it is designed for everyone, including beginners and intermediate forex traders, so you won't need to be a technical expert to figure things out. You will also need a MetaTrader 4 broker and they recommend ForexMeta.com.


As for results you are supposed to expect, this video will explain:

  

But how does the system measure up to the hype?

What FAP Turbo Actually Does:

I tested FAP Turbo for a week, and I am convinced that this system is better than the Forex Autopilot System (FAPS). The product makes trading safer and in the long run will be more profitable.

Both the short and long term strategies of FAP Turbo were very successful. The short term strategy hardly ever makes a losing trade, and when it does the losses are very small. The long term strategy creates much larger profits than the original Forex Autopilot, but is also safer because of the fixed stop-loss parameter and improved trade filters.

In the first 24 hours of trading in my demo account, the FAP Turbo system made more than 500 pips of profit, and increased my $5000 demo account to $6077. This is an unbelievable result for the first day and I am looking forward to seeing how it will perform over the next month or so.

So, it looks like people actually can and do make money with FAP Turbo. However, there are also people (like myself) who have lost money with it on certain trades. The best ways to minimize your losses are the following:

  • Make Sure You Choose The Right Broker

    It is absolutely imperative that you choose a broker that offers a spread of 5 or less on EUR/GBP between the hours of 21:00 and 01:00 GMT. This is critical to the success of FAP Turbo and the main reason why some of my trades lost money. Interbank FX has a spread of 7-12 on EUR/GBP at the moment, and since I grew impatient, I allowed the system to automatically trade under these conditions, which resulted in unnecessary losses. A few brokers that are FAP Turbo friendly at the moment are Easy Forex, etc.
  • Use a VPS

    Even though a VPS (Virtual Private Server) costs money, it is an important thing to consider when trading forex with a live account. I have lost quite a bit of money due to random power failures and reboots, and I now firmly believe that a VPS is a key component when it comes to minimizing one’s risk, especially if you live in a country that has unreliable power and internet infrastructure.
  • Evaluate Market Sentiment

    FAP Turbo is an automated system that you can run 24/7, but sometimes it’s just better to turn it off under certain trading conditions. The system performs extremely well under narrow, ranging type conditions, so if the markets are highly volatile with large price fluctuations, it’s safer to put everything on hold and wait until the next day. I would also recommend not to trade during days when big news announcements come out. Properly judging market sentiment is discussed in great detail on the FAP Turbo member forums.

Conclusion: 

Overall, FAP Turbo is the best forex trading system available, and when used properly, the most profitable. I’m not sure if the current price of FAP Turbo will increase or if they will only sell limited copies, so if you’re interested in getting started I suggest checking it out as soon as possible.

With a 60 day money back guarantee and all of the instructional videos that FAP Turbo offers, this is a product you should try.

You can get your own copy of FAP Turbo by going here - or by clicking the picture below...
 

FAP Turbo Review