Fap Turbo Robot Review

Important Note: This is a review, No fluff, No filler just what you want and NEED to know before purchasing.

Fap Turbo Is A Very Profitable Forex Robot, If You Use It Correctly.

Fap Turbo was launched on 25 November 2008 and there was so much buzz around this product launch that thousands of copies were sold on the very first day. Why all the hype ? Because Fap Turbo is different to all other Forex robots available on the market today, it’s as simple as that. Does Fap Turbo really work ? The short answer to this is yes, it does work and it can be very profitable, if you use it correctly. See the full review below for more details.

What is different about Fap Turbo? Firstly, the Fap Turbo creators use real live trading to proof that their system works and you can see the system trade in real time on their website. Most other products use backtesting reports, which could be faked and can be very different to live trading results, but the Fap Turbo creators have so much faith in their product, that they publish their own live accounts directly on the Fap Turbo homepage for everyone to see.

Important: Live trading is performed on the Fap Turbo Homepage in a small ($370), medium ($2500) and large ($10,000) live account.

Secondly, Fap Turbo offers solutions to problems that exist with other Forex robots on the market. The most common problems are that no stop losses are implemented and that risky trading strategies like Martingale are used to produce high success rates. Both of these strategies result in high drawdowns that could eventually wipe out your entire account during a big losing streak. In contrast, Fap Turbo offers lower drawdowns, a fixed stop loss strategy for safer trading and many new features that haven’t been seen before in the Forex robot industry.

What Does Fap Turbo Consist Off?

After purchasing the Fap Turbo product, you are immediately taken to their member zone where you can download the trading robot with manuals and also watch a number of training videos. The product includes the following main components:

The Short Term Trading Strategy: The short term trading strategy of Fap Turbo uses a very profitable scalping technique that trades 4 of the main currency pairs in the 15 minute time frame. It is important to note that this is not the type of scalping technique that brokers hate..it performs only 1 to 5 trades every day with very strict money management. The short term strategy really has a lot of intelligence built in and various filters are used to ensure that only the best trades are taken. One of the best features of this system is the so called “Stealth Mode”, which introduces fake stop loss and take profit targets in order to hide the real values from brokers..a great way to prevent becoming a victim of things like stop hunting and other shady broker practices.

The Long Term Trading Strategy: The long term trading strategy is basically a modified and improved version of Forex Autopilot. There is a long story behind this that is explained on the Fap Turbo homepage, but to summarize - the Fap Turbo developers were given permission by Marcus Leary to modify the Forex Autopilot code to see if they could address the shortcomings and then sell it as a separate product. What they ended up with is a system that is much safer and more profitable than the original Forex Autopilot. A fixed stop loss strategy was implemented to limit drawdowns, bigger profits are taken from winning trades and a variety of filters and indicators were added to avoid trading during risky and volatile periods.

Documentation and Training: One thing I noticed immediately is that the Fap Turbo documentation and training material are much more detailed than the ones you receive with other Forex robots like Forex Autopilot. All setting are explained in some detail in the manuals, even the ones you don’t need to change and there are videos in the member area to show you exactly how to set up the Fap Turbo robots on your pc.

Member Forum: Another thing that Fap Turbo has that you won’t find with many Forex robots is a member forum (mainly because most Forex robots don’t work and the creators don’t want people to discuss the product). As part of your purchase you also receive full access to the exclusive Fap Turbo member forum, as well as the popular monthly mentoring sessions.

Is Fap Turbo Profitable?

Both the short and long term strategies of Fap Turbo have been very successful so far. The short term strategy hardly ever makes a losing trade and when it does the losses are small. The long term strategy makes much bigger profits than the original Forex Autopilot, but is also safer because of the fixed stop loss parameter and improved trade filters. I tested Fap Turbo in a demo account for 2 weeks and the results were as follows. My $5000 demo account has almost doubled to $9466 over the 2 week test period. A net profit of +1818 pips were achieved, consisting of +1468 pips from the long term strategy and +350 pips from the short term strategy. At first glance the long term strategy of Fap Turbo seems a lot more profitable, but it is important to note that the short term strategy is incredibly safe and has a very high success rate, so it’s a much more conservative strategy. The long term strategy of Fap Turbo has bigger profits, but also bigger drawdowns and ultimately presents more risk. Both strategies have a success rate of roughly 92% so far and there has only been 7 losing trades out of a total of 91.

Customer Support and Future Development

Another thing that is very unique about Fap Turbo is the long term commitment of the developers and owners of the system. They have a very active member forum and email support system where they answer hundreds of questions every week, they frequently release new versions of the software to cater for changing market conditions and user requests and they are constantly in contact with various Forex brokers to negotiate better deals and spreads for their customers. Fap Turbo is definitely not a product that will just disappear.. it is here for the long run and the creators are very committed to help every one of their users make a lot of money in the future.

Conclusions and Recommendations

By January 2009, the Fap Turbo creators already had more than 20,000 customers trading with their system on a daily basis and it has definitely taken over the number 1 spot in the list of top Forex robots from Forex Autopilot. There have been rumours of a price increase to $399 for a while, so I’m not sure for how long the special launch price will still be available. Click Here to Visit Fap Turbo

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