FAPTURBO FAP TURBO FOREX ROBOT Automated Trading System Comparison & REVIEW

Update:

As with all new FOREX Trading Systems, or Robots, as they are referred to, we all need to do our own due diligence and evaluate them personally. FAPTurbo is new, so given the stock market has crashed, many new investors are looking at FOREX markets, hence, it is good to see a low cost entry level program like FAPTurbo come to market.

I had been evaluating IntelaTrader up to this point having dumped FreedomRocks last year given changes in interest and negating the spread play they has used effectively when it started. I did well in 2007, but backed out in early 2008, so I thought it would be interesting to see a thread with comparisons and reviews being posted so we can all learn more about this exploding FOREX market.

Having been involved in FOREX off and on for many years, I was always looking for an automated trader for I do not have the time to devote to chart watching like I started with. The learning curve is ongoing, and for newbies to FOREX can be overwhelming, hence, I started looking at all the robot automated trading systems, so given the price point with FAP being so low, this one has a lot of potential if it works as promoted.

Like all trading systems, it takes time to evaluate, and although my results have been good to date, I am comparing to IntelaTrader which I am also running to compare results. Let the fun begin. With FOREX, there is no up or down market the same as we have seen with stock market or commodities, so this is the place to be in a recession or depression, we can still make money in FOREX.

Sucess to all, Mike

FAPturbo just works - See my thread where you can follow my account:
Watch it from the start - My FAPturbo account

Why not make that a sticky? I am not affiliating FAPturbo, so its really completely unbiased (most other threads about FAPTurbo here just try to sell it.. I don't do that.. maybe later when I can really show its a profitmaker)

I wonder where you have been, since FAPTurbo started back in November 2008.

Beside the excellent robot they have created, they are also very diligent to educate us about the ins en outs of forex. The forum is wonderfull, and the moderators there very patient and explaining everything. News and warnings are posted there as well to warn us not to trade because of holidays or wild markets.

Since a few weeks they also have started weekly metoring sessions, for a small fee, and now and then also free mentoring sessions.

All I can say is that I am very pleased to have started this (however my account is at about 10% loss right now, but I have just started, I am sure it will recover soon)

Note that Forex IS a high risk investing opportunity, do not invest all your retirement savings in it, because even with FAPTurbo it can happen you loose everything.. That is not FAPturbo's fault, that is just what forex is.

Lots

Hi,

Make sure you find a good borker.. low spreads are essential!! As I discovered today

I ran a backtest with ForexMeta (FXDD) and Alpari UK, with the same settings:

EURCHF M15 Scalper
LRR: 25
MaxSpread: 7
everything else default
Start balance $5000
Time frame: April 1, 2008 to April 3, 2009

Result ForexMeta: $13026 (+160%)

Result Alpari UK: $33246 (+568% !!)

As a matter of fact I have a live account with ForexMeta, as this was the advised broker at the time I signed up with FapTurbo (Now it is FXCBS or something).. Alpari is the broker most of the FATurbo members use.

I hope this might help you and others that are just starting Forex trading with FAPturbo.

Lots

FAP Turbo is an influential blend of 2 strategies: Short Term Scalping Strategy and Long Term superior FAP strategy. Both strategies are built within one FAPTURBO expert advisor and can be turn on and off with no trouble using Scalper Strategy parameter in FAPTURBO settings.

There are so many good reviews of Fap turbo but there are few bad reviews also, so what is the truth? Is it really that good?

Quote:

---

Originally Posted by gutomme

There are so many good reviews of Fap turbo but there are few bad reviews also, so what is the truth? Is it really that good?

---

Bad reviews come from people that do not take the time to learn the program properly and do not follow the advise clearly stated in the manual

Mistake #1: people join a bad broker!, with too high spreads and then start to complain Fapturbo does not trade.. if they had read the manual they should know why.

Mistake #2: people trade the long term strategy with small accounts and then complain their account was wiped because of one stop loss... If they had read the manual, they should have known that they should have an account of at least $10.000 to use the long term strategy.

Mistake #3:People do not give it the time to prove itself, start complaining it doesnt work after using it for 3 days and have a stop loss during that time.

Mistake #4: People start trading all pairs. while you can read everywhere which pairs to avoid at this time (USDCAD and GBPCHF allmost never used, Eurgbp has a difficult time right now.. more and more people are dropping that one due to the many stop losses it had the last few weeks. Eurgbp used to be the best performer)

Mistake #5: However it is advertised as a set and forget system, when using default settings, performance can be greatly improved by monitoring it on a daily basis and adjust the settings according market conditions.

Right now I am using eurchf only and was in profit with that pair, what reduced the week to a not so good week was I traded usdcad with another EA. Fapturbo was very profittable last week if traded eurchf only!!

So YES fapturbo works! If used with care, trade the pairs that are showing the right conditions, drop the ones that are looking bad.. if you are nor sure, lower the LRR note this can change on a day to day basis.

I have joined an IB that tells me these kinda things every day. If I had followed his advise (which I did not with usdcad) I would have been in profit this week with about 20% or something. See my Watch it from the start.. thread :-)

take care,

Lots

Hey guys...

For those who think FAPTurbo doesn't work, you are completely wrong! Dude, this is the real deal..I was really skeptical as there is a lot of BS Forex Products in the market..But so far FAPTurbo has lived up to its hype...yea I don't make what it claims to make on the sales page, but nonetheless I make enough to be really happy...

But one thing I have learned is that tweaked settings are better than default settings...I have been tweaking the settings and I think now they are optimum.

I also made a guide that I am just going to give out for free to help fellow FAPTurbo members.

Just download the guide from my site : http://www.FAPTurboToday.com

For now, I am just giving it out free because FAPTurbo has helped me earn a decent return and with this you can probably do same. I'd appreciate some thanks if it helps ! Let me know if you have any questions.

Regards
Albert

Quote:

---

Originally Posted by AlbertChai

Hey guys...

For those who think FAPTurbo doesn't work, you are completely wrong! Dude, this is the real deal..I was really skeptical as there is a lot of BS Forex Products in the market..But so far FAPTurbo has lived up to its hype...yea I don't make what it claims to make on the sales page, but nonetheless I make enough to be really happy...

But one thing I have learned is that tweaked settings are better than default settings...I have been tweaking the settings and I think now they are optimum.

I also made a guide that I am just going to give out for free to help fellow FAPTurbo members.

Just download the guide from my site : http://www.FAPTurboToday.com

For now, I am just giving it out free because FAPTurbo has helped me earn a decent return and with this you can probably do same. I'd appreciate some thanks if it helps ! Let me know if you have any questions.

Regards
Albert

---

After conformation of my email address I did not get the link to the document. Also not another email.

Lots

I have read a lot of positive reviews for fapturbo can someboy share your expierence how much money you made with this robot?
http://www.learnbreakdance.org/image6.jpg

I have dropped Fapturbo, as it was less performing and made me loose money september and oktober. I still have to sort out activation issues with the the latest revision (49) which seems to work a little better, it has also a new pair added USDCHF, which seems to work pretty well on default settings. But.. I found out I can make a lot more with manual trading, so I do not really bother to have it working again.

As far as EA's goes, I am using Lexus only at the moment (however it has performed misserable lately) The owner developper is devoted to make us succeed.. ever heard of a EA provider that offered a deal to aliviate a week of bad trades due to his EA? Well, Lexus has done just an hour ago! He felt so bad for his members he offered us the use of a normally very expensive EA, low risk but 10-15% profittable per month, currently allready 25% profittable for November.. How about that!

Lots

People daily come with new experiences....all EA's sucks....I have a WHOLE LOT of all ****ing shits which are in....FAP is gud but the whole thing matters if u set it in a way...someone said fap is gud now changed his statement :) i am not pointing anyone...but just wanted to say that FOREX is not for all...I have been in this business for almost 6 years...and only been profiting since 2007, when I became Money Manager...now having almost 51 accounts worldwide...making 25% every month even more with my own hard work which I learned in last 6 years :) EA is all about making more money and to let the BUYERS know that they are the only fools who purchased our product :)

I am interested in finding one good to make profit. But no idea which one is better.

And one problem is that many brokera are banning scalping less than 2 minutes. How about this robot's trading? less in two minutes?

What's the best broker to trade with this EA?









http://www.do8.me/l.jpghttp://www.do8.me/in.jpghttp://www.do8.me/a.jpghttp://www.do8.me/ms.jpg

Quote:

---

Originally Posted by aliceyaya

I am interested in finding one good to make profit. But no idea which one is better.

---

Hey guys,
I've been reviewing Forex trading software for quite some time too,
nevertheless, I didn't found many forex robots that were adecuate for
me.
Eventually, I started to run out of money to throw to the different
forex robots and see which one was for real (in order to give it
serious
money to manage). Nevertheless, a year ago or so I found this site
http://www.forex-robots.com; they were doing forex robots test on
Real Money accounts and sharing their results for free.
Since then, I don't have to try every EA with my money to see which
one is worth something, I just follow their results and settings
without
paying for anything.
I would definetely recommend you to check it guys, I've been doing
quite
well on Forex since.
Rgds

Sam

Quote:

---

Originally Posted by rcfx

What's the best broker to trade with this EA?

---

Hello rcfx,

I have gone through the new versatile alternative of Finexo MT 4 and found it very amazing to trade with and like the presentation of the data releases and information available at the site.
The economic information part of the Finexo MT 4 delivers really a good stock of data release and I like that because of ease to locate and the date-wise presentation of event to be happen helps a lot to get quick access to the desired information rather than searching all of the releases.
The philosophy of Finexo MT 4 including commitment to customers, multi-level support and assistance to the customers at each step of their trade making decision to make good returns through their excellent trade offers and making trade through automated trade services is one of the finest method to analyze the trends and the price action of the currencies at the Forex trading platform.
I am fond of their warmth and supportive live chat for assisting clients 24-hours for clarifying the issues and providing clients full-time assistance to understand the activity of the driving forces of the forex trading and thereby enabling the traders to make trade moves according to the price action of the various currency pairs that Finexo MT 4 used to put forth daily through the bid/ask prices displayed regularly.

Hi guys!

Fapturbo50 with a new currency pair was released in march 2010! It is the GBPUSD (UK Pound vs US Dollar). Besides, developers of it changed a defaults settings.
The backtests of the new version of FapTurbo really impressive!
FapTurbo50 EURCHF backtest and graph:
http://forex-tester.com/backtests/fa...URCHF_2005.gif
FapTurbo50 GBRCHF backtest and graph:
http://forex-tester.com/backtests/fa...BPCHF_2005.gif

Backtests for the other currency pairs and full information about new version you can see in my review.

This robot shows stable enough results with small drawdowns during five years. I have set this new version of FapTurbo on the demo test on my VPS server. It looks really powerful. I already started the test. Take care!

Best regards, Mark.

Hi!

Now you can see my new forwardtest with all statistic and graph of FapTurbo50 from my VPS server.
Till now it have really great results! More than fifteen profit orders already closed in succession. During two days FapTurbo50 have more than 5percent clear profit.
http://forex-tester.com/images/fapturbo50.jpg

Not bad! Also, after my detailed tests, I should say, that now fapturbo50 is very careful and I think, if it will continue, I'll put it on my real account.. but before that, let's look what will in the future!

Regards, Mark.

Quote:

---

Originally Posted by forex-tester.com

Hi guys!

Fapturbo50 with a new currency pair was released in march 2010! It is the GBPUSD (UK Pound vs US Dollar). Besides, developers of it changed a defaults settings.
The backtests of the new version of FapTurbo really impressive!


This robot shows stable enough results with small drawdowns during five years. I have set this new version of FapTurbo on the demo test on my VPS server. It looks really powerful. I already started the test. Take care!

Best regards, Mark.

---

Hi Mark,

I got the Fapturbo 50 now, i was thinking of using it on eur/usd, what setting have you used on this, any info you can send me?
kind regards
Tomwa.

Hi guys!

Quote:

---

Originally Posted by tomwa461

Hi Mark,
I got the Fapturbo 50 now, i was thinking of using it on eur/usd, what setting have you used on this, any info you can send me?
kind regards
Tomwa.

---

All my settings you can download from my review about this expert. Also, I can sometimes disable few pairs for more profitable trading. Good luck!


Today I have first 10 percent with FapTurbo50 on my forwardtest! During last ten days, this expert take profit in 1 thousand dollars! By the way, during last five days I got new record from FapTurbo50 - more than twenty profit orders already closed in succession. In my statement you can see all information about trading of FapTurbo50!

http://forex-tester.com/images/faptu...oodresults.jpg

Till this moment, expert shows impressive results. Stable and really not bad trading. Sometimes every robot have drawdowns, but in that case very important profit factor.
Regards, Mark.

Hi guys!

At the beginning of the last week FapTurbo50 on my forwardtests shows not so great results like usual.. but it was lull before a storm, during last 2 trading days FapTurbo50 took a clear profit in more than one thousand dollars and now on my account I have 21% of clear gain!

This is really impressive results and now, I recommend my members and friends to try FapTurbo50 with new pair and settings. I expected, that new version of it will have not bad results of trading, but I really not thought, that it will so stable and profitable. Now, this expert most of orders close in profit more than $100 and you can see it in my statement.

http://forex-tester.com/images/fapturbo50_orders.jpg

If FapTurbo50 will trade with that way in the future, it will one of the reasons to always use it with real money account.
Detailed results of FapTurbo50 trading, you can see in my review.

Best regards, Mark.

Hi folks!

Now I have some news for you guys.. On the current moment on my statement with FapTurbo50 I have almost 60 percent of clear profit without any critical drawdowns. For today, this expert shows good results of trading. Besides, now fapturbo have more stable result on the risky currency pairs, every day on my forwardtest I have trades and closed profit.

I can say, that, on my account now I have almost $6000 with start deposit in $10000, and this profit I got during five weeks, this is really impressive results. Maybe I will try correct my settings of FapTurbo50 for getting better results and have clear profit in 100 percent to the end of the eight week. Full information you can see in my review.

Regards, Forex-Tester.com Team!

What time do u trade this EA?









http://www.do8.me/c.jpghttp://www.do8.me/mr.jpghttp://www.do8.me/a.jpghttp://www.do8.me/e.jpg

Hi guys!

During last two months FapTurbo take almost 160 percent of clear profit. This expert have a lot of consecutive profit trades and great trading activity! Now, with the confidence can say, that FapTurbo have good period on the market with all currency pairs, which this robot use.

http://www.forex-tester.com/images/p...pturbojuly.jpg

By the way, FapTurbo have a impressive result of trading already during more than four months. The statement of my forward test with the result of trading you can find here.

Regards, Mark.

Hi Guys!

As you may know FapTurboTeam are continually improving and developing FAPTurbo behind the scenes to make their flagship increasingly better, more profitable and up-to-date with modern market conditions. They listen to your suggestions and try to implement most of them! Fapturbo has been going strong for a long time, so you can get the most out of your membership!

What is new with FAPTURBO52? Why the buzz??

Meet the FAPT NEW currency pair! Finally after 1 year of live testing FapTurbo team can to introduce a new scalping currency pair to the Fapturbo scalping system. Welcome the EURUSD scalper on M15!

It works really well on both backtest and forward tests!

Below you can see the EURUSD Backtesting for 2009-2010 with the default settings:
http://forex-tester.com/backtests/fa..._2009-2010.gif

Now, lets go back in history to 2001-2010. Here you see full EURUSD Backtesting from 2001 with the same settings:
http://forex-tester.com/backtests/fa..._2001-2010.gif

Additionally Fapturbo52 includes new and improved default settings for other scalping pairs to improve your trading performance.

Check out the details and tests here: Read full report!

While FapTurbo's a good trading system, I think there are better systems out there!

The Forex Robots Comparison chart is for those people who are considering launching into the Forex market to make some money. The Forex market is fickle and full of traps for young players, but it is also a great way to make some money if you’re committed to learning the trade. Forex Robots can improve your profitability if you use them properly, or not do anything at all if you don’t! So it’s important to understand what they do and which one is the best one for you.

Well I'd rather take the good reviews of this, and take bad ones only for precautions. It seems a good system, nonetheless.









http://www.do8.me/l.jpghttp://www.do8.me/in.jpghttp://www.do8.me/e.jpghttp://www.do8.me/a.jpghttp://www.do8.me/mr.jpghttp://www.do8.me/c.jpghttp://www.do8.me/ms.jpg http://www.do8.me/om.jpg

does anyone still trade on fap turbo ?
and is there some new version ?

He just giving info but not answering any questions.









http://www.do8.me/l.jpghttp://www.do8.me/in.jpghttp://www.do8.me/e.jpghttp://www.do8.me/a.jpghttp://www.do8.me/mr.jpghttp://www.do8.me/c.jpghttp://www.do8.me/ms.jpg http://www.do8.me/om.jpg

Quote:

---

Originally Posted by stephen567

The Forex Robots Comparison chart is for those people who are considering launching into the Forex market to make some money. The Forex market is fickle and full of traps for young players, but it is also a great way to make some money if you’re committed to learning the trade. Forex Robots can improve your profitability if you use them properly, or not do anything at all if you don’t! So it’s important to understand what they do and which one is the best one for you.

---

Hi, everybody. I agree with you stephen567. As a newbie I want to avoid some traps. Could you say what is better to use Forex Robots or ea trading. And what reliable and good robots you can recommend? Thanks in advance.

This is a good information for many traders. There are many ways for having profit, trading manually or using automatic trading system, robot for trading. I prefer to trade manually, but later I believe my trading to the experienced traders by joining and investing my trading fund with some good PAMM traders and till now I feel convenience and satisfy with their performance. Maybe they trade by using any robot?

Yes I do know that FAP Turbo works too, but as one of the previous posters mentioned, following the account size and other rules in the PDF manual is absolutely critical. I still have a small amount in my Forex brokerage trading wtih FAP Turbo, it is a robot I have been using for years now, though I am only letting it trade a smaller fixed sum of money as I've started my own business with the rest of my money.

Quote:

---

Originally Posted by candle7779

Hi, everybody. I agree with you stephen567. As a newbie I want to avoid some traps. Could you say what is better to use Forex Robots or ea trading. And what reliable and good robots you can recommend? Thanks in advance.

---

actually suggested for a beginner can be first to know about forex trading and can learn to use a demo account first, see the fund that is in use on a demo account is a virtual form that can minimize the risks that could occur

Quote:

---

Originally Posted by Uncle Gober

actually suggested for a beginner can be first to know about forex trading and can learn to use a demo account first, see the fund that is in use on a demo account is a virtual form that can minimize the risks that could occur

---

novice traders so shall certainly account using a demo account to be exploited and learning, forex man who warned of the risk and should be thinking of a place to be able to have things minimal well, and when it has knowledge that the maximum could try to test in science to trade in instaforex standard account with discipline

because if used seriously a lot of knowledge or knowledge that we can get from a demo account. besides the benefit itself is trading demo account using virtual money, in other words it can minimize the risks that exist when we practice or strategy using a demo account.

Quote:

---

Originally Posted by Uncle Gober

because if used seriously a lot of knowledge or knowledge that we can get from a demo account. besides the benefit itself is trading demo account using virtual money, in other words it can minimize the risks that exist when we practice or strategy using a demo account.

---

the use of a demo account we certainly need to do as good as possible, so that the knowledge we have can rise well, one of the forex business investment risks are high, so it should be a maximum of science in order to manage its risks well

agree, because if used seriously a lot of knowledge or knowledge that we can get from a demo account. besides the benefit itself is trading demo account using virtual money, in other words it can minimize the risks that exist when we practice or strategy using a demo account.

Quote:

---

Originally Posted by Uncle Gober

agree, because if used seriously a lot of knowledge or knowledge that we can get from a demo account. besides the benefit itself is trading demo account using virtual money, in other words it can minimize the risks that exist when we practice or strategy using a demo account.

---

indeed in using a demo account is very important especially in the novice trader will greatly assist in optimizing the skill and experience. with the wealth of experience certainly a lot of knowledge that we have, with it can to try to make trades using small capital in advance to train the mental burden and also test the knowledge we have to be able to grow better

The demo account does have enormous benefits for traders since the demo account it will make our skills honed well so we should be able to utilize a demo account with a well, so it will make us survive in forex if skill we always honed with less good , Moreover, only a demo account using virtual money so it is suitable to exercise properly without risk.