FOREX SYSTEMS/SIGNALS
COLLECTIVE2
Over 8000 different TRADIING STRATEGIES covering stocks, forex, futures and options. Subscribe to as many as you want and receive signals instantly, or trade them automatically. Free trial available for many systems.
CLICK HERE TO FIND OUT MORE
Tools and Tips for Forex Trading
Sign up to my newsletter and get a copy of the best selling ‘Insider Secrets Of Online Currency Trading‘ eBook.
FAP Turbo Review
This is my review of the FAP Turbo software which I had tested.
It is a robot that trade forex and runs on your computer. Alternatively, if you want to run the software 24×7 and do not intend to do it with your own PC then you can also get it hosted on their server for a fee. Personally I always prefers to trade when I am around, especially where the forex market is so volatile.
If you are not sure how to set up the software, there a videos which duration range from 3 to 7 minutes which will guide you through the process. The installation is simple and the information from the video would be sufficient to help you through. However, if you do need help, you can always send them a support ticket.
Before you start trading you will need a broker account with a MetaTrader 4 broker. The one recommended by them is ForexMeta.com.
Always try out the system with a demo trading account first to make sure that you have things set up right and are sure that the system works according to your intention. Since you own the software it is definitely better to make sure things are working fine before you start live trading.
The software offers 2 method of trading – scalper system and a long term trading system. You will be able to get more information from the videos.
What I Like
The high quality video tutorial that come with it and the detail that offers – it shows you exactly how to set up the system.
The reasonable price, at $149 the FAP Turbo robot will automatically help you to place trades without you having to search for it all day.
The money back guarantee with no questions asked.
My Dislike
Being a robot it will only run when you are online, thus if you logout or shutdown your PC FAP Turbo will not be able to enter any trades for you. However, they have a hosting service where you can host your robot with them. In this case there is no worries if you are online or not.
Conclusion
I find that FAP Turbo is a solid system to use for forex trading but I do recommend a demo trading first to make sure that you are comfortable with it before trading with your money.
In conclusion, given the quality video guide and the 60 days money back guarantee, FAP Turbo is a forex robot that is worth a try. If you test trade with a demo account and find that it is not for you, you can simply get your money back and lost nothing but a little of your time.
FAP Turbo a Scam?
You may have done much research on the Internet about FAP Turbo before finally arriving at my site. There have been so much talk and hype about this software, so is it a scam?
Many had sold Forex trading robots that claims to be able to produce outstanding back test results but in many occasion such software would lose money when they are live trading and if you are not careful you could also lose big! the reason this happens is that most of these programs are programmed to fit past results thus they are able to produce excellent results on back testing. However, such program will definitely not make it possible to work in a live environment where situation are fluid and changes can happen anytime.
Actually, when I first chance upon FAP Turbo, I am also skeptical – the back test result looks to good, and I had, like you, done much research about this software before deciding to buy it. Of course, the other factor that gave me the confidence to buy this software to try is the refund policy that the creator is offering. I have 60 days to test it to make sure that it works.
So What Caught Me?
The Winning Percentage
(This refers to the percentage of winning trades.) FAP Turbo has an average winning rate of 95.9% in the past 9 years and a even higher rate during live test.
The Low Drawdown
(This is the maximum percentage of capital that FAPTurbo has lost.) A typical Forex trading software has a drawdown of 10% to 20% but FAPTurbo has a drawdown of 0.35%. (The reason why it gives a smooth equity graph in the statement page of the FAP Turbo website.)
Rules used to Run the Trade
Both the back test results and the live trading performance reflected on the FAP Turbo website are similar, and the software seems to have been configured to trade in long term. Thus I can see that the software is running with the same rules for both the live trading and back test – which means that the results can be taken as reliable.
CLICK HERE for FAP Turbo
So if you have also bought the software do leave a comment here to tell me what you think of the robot.
Finally, An Automated Forex Software That Delivers Consistent Profits At 95% Accuracy!
Want To Know How To Turn $370 into $3100 in only 1 month?