This is my second posting on this product. I have been using it on demo for a couple of weeks. Here are some results. I had one account running both strategies, and one just running the scalper.

My results with the long term strategy were disastrous. I was admittedly risking far greater than I would have with real money. 5 open trades (4 sell 1 buy) of one lot each on a $10,000 account. They all hit their stop loss, leaving about $2500 in the account. I would say to use this with extreme caution, if at all.

I would just like to reply to the FAP Turbo teams' latest submission regarding the single live account. I have no problem with that per se as if you want to run it on more live accounts then it may not be unreasonable to expect to pay for additional licenses, however I JUST WANT IT TO WORK ON THE ACCOUNT I ACTIVATED IT FOR AND PAID FOR IN THE FIRST PLACE!

Your customer service sucks, your activation sequence is seriously flawed and, having now lodged a PayPal dispute and complaint with Clickbank as a direct result of non-perfomance on your part regarding my difficulties, I can only warn those currently considering purchasing this EA to think twice before committing hard-earned money to this. It is increasingly looking like a rip-off to me.

I disagree 100% Alex. It is a big scam. The product does not work. It makes NO money - end of story. The only thing that sucks Worse is the support is reeeeaaly slow. But there are other methods of getting help. You ca either visit an interdependent support forum at:

The Forex Autopilot & FapTurbo Forum - Powered by vBulletin

OR you can use the "members only" forum on the fapturbo website.

Either way you CAN'T get the product to work, and when it trades it makes No money on both demo and live accounts. Here is my account's performance so far:

FapTurbo Price Will Increase Again | Alan's Forex Blog
ignore that stuff about price increase and scroll down to the bottom of the post.

Anyways, I for one am NOT happy with my fapturbo purchase and I hope To get my click bank refund least the next 6-1 year. As well know eventually all automated trading systems stop working, but by then I hope to have made a nice chunk of cash trading on my own.

Happy trading!

i bought it this is crap it does not work. a bunch of lies and fake stories! i'm sure you will be a sucker and still buy this crap, this fapturbo guy owns about 17 other sites selling the same EA under different names!. EA's just don't work. they are blaming the broker for its bad performance! its not the broker its just the dam system does not work end of story!

I own FAP turbo & runs fine on demo with a number wins as per backtesting but unable to activate on real account due to terrible licencing programming.

Key does not work after changing broker MT4 account login and leverage. This issue was not known until many users have problems & is now acknowledged on members forum. Support response is terrible & get canned responses after making the issue very clear with evidence of purchase.

I am posting a negative review as support has refused to reset key after 5 requests. While product might work on demo, support is terrible & licencing problems are just woeful.

I may review rating when & if real account is successfully activated & traded.

In my opinion it is a scam. Why?
1. I can't get Fapturbo to work when going live
2. I can't get any support..answering machine is full all the time.I have been trying for over 2 weeks.
3. It seems to good to be true.
Tip to those who, like me, have purchase it....wanna make 97 bucks real fast??? Get your money back while you can.

Just a quick update.
I saw a negative performance of 2 of the trades opened by Fapturbo on 23/12..At first,i thought that its bcoz of the new version 23(replaced the older v.22),But on the very next day,i got an email from the Forum that we should not trade these days bcoz of larger spreads during festive season/holidays..so i stopped using it on my Live account.
I'll post the result as soon as i restart my EA..
Till Then,Happy X-Mas And New Year.

I have FXDD, Interbank, ForexMeta, and Alpari, MT4 running, and on all with FAPturbo and Steinitz, and having bought both I must say FAPT sucks. It is a retard purchase, for what ever its worth it cant keep up. Its not a performance robot. For the amounts made from both, Steinitz is better.

Faps is a total waste of time, when you need support from them they suggest you join a forum (at an additional cost of $200) They are so pathetic that they cannot even do their own support. No wonder my $700 live account got wiped out in 2 weeks time despite the fact that I executed very tight money management. I would seriously advise anyone to stay away from it. Faps turbo will probably only wipe out your account even quicker than faps. Running Faps turbo live has been even a bigger disappointment for me. Funny how the makers of e.a.'s always achieve incredible results and never inform you on how they really got those results.

I purchased this program over a month ago. To date I have made numerous calls, and I cannot get the program to run on the MT4 platform. At this point I'm trying to get a refund, but no such luck. Seems like a scam to me. I really can not understand the resellers of Fap Turbo claiming how well the EA works and the "raving reviews" some traders send to them. I personally am quite disappointed with FapTurbo performance. Since the first day of release when I bought the EA til today January 6, the Ea made some money but certainly not the amount it should as the authors claim. The first day it lost me $30-00. Problem is the wins are very low but the losses are gigantic in comparison to wins, $50-34 was the biggest loss, which is 25% of my all winners. There are more losses: $34-00, $17& $6 last December. Today, January 6 the EA lost two big trades with sum of $26-00 loss. Yesterday it lost $18-00 all on mini account. I have noticed that if the EA bought where it is selling and vice versa, it could performance much better. I advise the traders to notice this problem. Another problem is that every time the EA is updated the first few trades are losers. Traders must pay close attention to settings every time the new upgrade is attached to the chart. Also the monthly upgrades is quite tedious and I believe unnecessary being at the mercy of the Authors of this EA.
Bi monthly or even quarterly should be sufficient.
To conclude, my live trading account is up $300-00 for the last 6 weeks with starting acc $1850-00 not much to rave about. Certainly the EA does not doubles the account every week as the authors claim. Those claims on their web page should be immediately corrected.
Hopefully January will be more profitable.
Cheers,
Ferdinand