Are You in search of the best forex trading system do you want more information on fapturbo, are you concerned about what they are promoting and marketing at fapturbo.com and you’re not sure if its honest and not a potential scam, read or post a truthful and unedited review below, about fap turbo here so other members can make better more informed decisions about which forex trading systems should be taken seriously and which forex systems should be ignored.
Official web site which contains more forex system related information. FAPTURBO First Real Money Forex Trading Robot | Automated Forex Trading on AutoPilot

Hey, just bought it yesterday. using a demo account in Alpari UK. I downloaded the history of EURGBP and ran the EA in the strategey tester. Using scalper and setting my max risk to 10% from november 2007 until now my $1000 pot becaume $110000. So dont have any live data but a test run over the live data looks good. Interestingly I then ran from Nov. 2006 until now and it reached $124K. There was a big loss july 2007. Just for cautions I owned the autopilot EA with same company as fapturbo. I put in $1500 that thing was gone in matter of a week after few good trade. No refund after screen shot send and never pick up the phone. I just what you guy to wait and not rush to buy what might be a highly scam. Get some more review form real people. Google review seem like they are way too positive about it, watch out review might be from scamer them self. just my 2 cent. I bought the EA 2 days ago. can't rate it yet but here is my experience with it.

the short term strategy works great in - no trend - market. less profits but safe for small accounts .

the long term strategy is the same old FAP EA strategy , just added fixed stoploss and targets. but still , it suffers from the same mistake of keeping a loosing trade open for a too long time. "CUT YOUR LOSES SHORT" .. surprised they never heard of it ! the EA simply cut the profits short and let the losing trades run .

another thing, the EA gives different orders in two different accounts on the same platform for the same broker at the same time. and for some reason, it needs to be refreshed or reloaded to the chart or it won't work. ( my metatrader is updated and settings are correct ). this is not to be thought of as negative review or bad rate at all. the results are fine by me but I just expected more. for any trader to get results like the one on their website, he must work with maximum risk settings. not recommended but can be done.

it's very too early to say anything about the results of this EA. 2 days are not enough. need more time to give it a chance and test it under all possible market conditions. the support team done a good job with me , answered all my e-mails. the members area is great, the user guide is full of detailed information about almost all that you need to know to start using the product in minutes. well, that's all for now.

we are all looking for a better way to trade. in the back of our minds we all know auto trading systems dont work but we want to believe that cheap click bank system just might work! so we buy it the lose our money then complain its the system designers fault! its my fault for believing this garbage would make me money! i bought fapturbo.com i saw great reviews but i guess they where all fake reviews , i was suckered and told what i wanted to hear! now it has lost all of my money! don't buy fapturbo.com it does not work.

FAP Turbo development has decided to limit all demo and real accounts. 1 demo and 1 live account per license, no transfers.

If you already set this up on a trial account, like I have, you are stuck there.

There has been no word of this from the development or marketing departments. It was not mentioned in the original sales agreement. This has all been done behind our backs and raises some exteme questions about the integrity of this company!!!

I first heard about this on the FPA forum link directly above these reviews, and followed it back to the FAPS Forum where it originated. This seems to be accurate as I (and others) have been having trouble activating it on my new demo account, and was about to write to the company.

So far I have had great results with the FAP Scalper and poor results with the FAP Turbo EUR/USD trader. I think there is potential here but only time will tell.

I bought the EA the first day it was on sale. I demo'd for 2 weeks, then went live with 500$ acct. Demo acct was very good, live is going well too, but it's still way to early to draw any strong conclusion.

What I realy need to let everyone know is some of the schenanegins that are going on right now for those who bought the EA.

When we first purchased, we were not told that we had any restrictions on how we opened an account or how we used the EA, now we are being told that we can only use it on one account... actualy, not even just use on one account, but have it activated for one account. If we switch brokers or accounts or change from mini to standard (thus changing our acct #) we have to purchase a NEW license from them at the current cost (which has gone up 50% from when I purchased 2 weeks ago), which is being threatened to turn into a monthly billing model. We were told none of this when we purchased, and are being forced into this now. Also, you should know, that the EA needs to be redownloaded every month, because it stops working every month, so you have to follow their rules or you won't be able to keep using the EA - in other words, if they change their mind and say it's now monthly, you either have to pay, or stop using the EA because your copy will terminate within a month.

People are now buying extra licenses for future use because they are afraid of price hikes. They are scaring custumers who already bought the EA to repurchase the EA "just in case". This seems very shady to me, and had I known this before I bought, I would have simply STAYED AWAY from this thing.

Also, you should know, there are two strategies that come with the EA using differnt currencies and risk profiles, which, in my opinion, should be traded on 2 different accounts for optimal use - but now we're being told that we can only have one account, which means you only get to use half of your EA on one purchase. You need to buy it twice to use the whole EA package. Pretty silly.

All of this in the first two weeks, before anyone can actually judge how this thing works in live trading.

I bought this pretty early on. Running it on their "recommended broker" ForexMeta I think was a mistake. Scalping was mediocre, at best, and long term is a bit volatile. This is on default settings. I compared my results to their "live account" and couldn't match them up.

When I wrote to them to query this, I eventually got a response that they use very high lot sizes and don't recommend them. Then why use that to demonstrate your product?? Also, they noted that broker spreads can really affect trading - even if it's 1 pip above 'recommended'. Well, Forex Meta is above those specifications.

Lastly, I ran backtesting on the pairs and couldn't replicate the smooth equity curves they demonstrate in their ads. When I queried that, I was told it could be 'timing differences" for GMT. So, I shortened it over a period I know hasn't changed and it was still eradic in comparison to their advertisements. The long term backtest made an obscene growth in equity, but it's drawdown (even in backtesting) was phenomenally high -- hardly the 'safe' trading they infer.

I was really hoping for much better than it's demonstrated so far given the hype, but I'm disappointed and the VERY suspicious. Be careful. And test this quite a bit longer as short term gains are irrelevant vs. the ability to risk manage your capital.

What a joke fapturbo has turned out to be, why should this ea get preferential treatment in not being allowed to post any ratings when all other systems don't get the same opportunity? Anyone can see who has an ounce of intelligence that this ea is a complete joke and is just being made big by the companies huge list and jvs.

Im starting to agree with the poster who said felix the scammer who runs forex peace army may have a stake in this in some way why else would you not be able to leave a rating?

I'm don't know why im even writing this because im sure it will be censored or not even posted!!

Had several emails from the usual crowd of system sellers, "Mark McRae," "Adam Burgoyne", "John Burroughs" and "Dean Saunders" (I think they may all be the same person as they normally email within 15 minutes of each other and always about the same products, hmmm). Anyway I decided to have a punt while the EA was $95...

This "system" is a joke - it runs a take profit of 140 pips with stops of 500! 5 losing trades in a row and I'm down $500 real money. Even the scalper uses ridiculous R/R (see above) and often exits at break even. It has pretty obviously been curve fitted to give a high "win" % - despite a "win" being 14 pips on the scalper (stop is 140 so 0.1:1 R/R (!))

AVOID this EA as a monkey could trade better. Utterly woeful risk management - when you hit a losing streak you will lose BIG. You have been warned!

I've been interested to see that the FAP TURBO team (from Germany) has been responding to comments posted here, so I have a few additional comments for those of you reading these reviews as you try to decide whether or not to purchase and then a few comments for the TURBO team.

There are two "strategies" - a scalper (takes small profits) and a "long term" approach which has bigger potential profits because it expects 140 pips before taking profit. I have discarded the "long term strategy" and am only using the scalper on a live account. So far, I have 40 good trades, multiple small losses (0.00 or -0.50 which is GOOD, it means that there is an underlying strategy for managing risk) and one big loss last night which wiped out 2 days of small wins.

If you expect ANY robot to be all wins, you don't understand the market. FOREX WILL EAT YOU ALIVE if you don't know what you are doing or as soon as you get greedy. So, I agree with a previous comment that the R/R (risk vs reward) strategy on the scalper seems to work but it has it's issues. There is no perfect system but I am about to recommend this one to some friends, which is saying a lot.

HOWEVER - and this is directed at the TURBO team - after 25 years in senior IT and business positions, I have to tell you that your business practices focused around your customers make it seem as though you are a credit card company out to screw with your customers at will.

Let me explain what I mean:
1. You mention to Ken Long that his comment about restricting the number of accounts to 1 demo and 1 live is incorrect. Weird. I just logged into the member area and sure enough, you now have 2 boxes for account activation. (Forex Signals Forum folks, how do I post a screen shot?) Screen shots can be uploaded as an attachment file, You NEVER at any time told us before we bought that this was going to be your practice. And it makes no sense, especially with the demo accounts. For those of us who know this market, we try a lot of approaches with different account sizes. I personally have NINE demo accounts between 3 brokers. Because I take trading SERIOUSLY.

You MUST undo this restriction.

2. I'm sorry that you are so overloaded with customers that you cannot respond to emails from your customers. But that really isn't the fault of your customers, is it? Why, just this morning I opened my email and found an email from you asking us not to email you because you are swamped. This is shoddy business practice. Frankly, it sucks and indicates that while you thought of a lot of things leading up to your product launch, what you were not thinking about was product support. Shame on you. Your bad. Not ours. Fix this.

3. I personally haven't needed to email you. But I do have a question. Your live accounts that you use to sell the robot are doing very well. But my live account, with somewhat aggressive settings, is doing 9% per week. In other words, using IBFX as well, with BIGGER lot sizes than yours, I am nowhere near doubling my account every month. Now, I was far more realistic than many of your buyers and was sceptical to start as well. Now, I kinda like your scalper. Give us your presets. (For those of you who don't know what a preset is, when you set up a robot you can export or import the settings, which are called presets.)
If TURBO has so much faith in this EA, give us the presets.

If you are confused about how I feel about this robot, here is my synopsis:

Like many traders, I have seen a lot of robots. I actually feel this one is a good one, and if things go on as they are now and I continue to make about 10% per week, i may give this one 4 stars. If you are not willing to share your presets, that's fine. But take down the big, bold language pumping up that kind of possibility. I didn't really expect it. But there are plenty of newbies who will fall for what I think is deceptive advertising.

BUT - this group of people don't have a clue about how to support their customers. Sure, they are in it for the money only. But so are we traders. HOWEVER (gosh, I have used that word twice in this post) when you take money from someone for a product or service, you have an obligation to effectively support those customers.

STOP TELLING US THAT YOU ARE SO BUSY THAT YOU NEED TO RAISE THE PRICE TO LIMIT CUSTOMERS. JUST STOP TAKING MONEY FROM NEW CUSTOMERS UNTIL YOU CAN EFFECTIVELY SUPPORT EXISTING CUSTOMERS WHO NEED YOUR SUPPORT. - this is actually called good business practice.

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.

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

I have had the Fapturbo on a live account for two days. The first day I had three losing trades amounting to a $98.00 loss. The second day I had a $22.00 profit. I have a $1,000.00 account. If I can make an avg of $20 per day, 5 days a week on this account I will be extremely happy. I think everyone needs to use common sense when looking at their profit expectations. If you think you are going to retire to a million dollar estate in north Scottsdale on a $500 or $1,000 account using a $97.00 software program you are setting yourself up for a huge disappointment.

Be careful. This fapturbo robot makes money for a few days and then loses everything it had made. Do not risk your money

Forex robots can double your money. Before using this I didn’t believe it. But now I can say this software is just what I wanted to perk up my Forex profit. I am in this trading for 3 years. Earlier I used to spend all day at my computer and not making a single trade. After I bought Ivybot my life changed. Now I am tension free and I can leave it running and go away to for other works. I even left it for a week while I went on leave. I made over $2000 while on vacation! It is so easy to set up and configure with my existing MT4 trading policy.

Real Money Doubling Forex Robot Fap Turbo Review! Forex Trading Robots - FapTurbo.name

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hi traders,

my name is Marco Pierre. i been trading for several years using brokers such as TDFX and, Alpari fxcm and signal firms such as FxPremiere. I was wondering if anyone can tell me which broker has the best spreads or fixed spreads??

Look forward to your replies traders

Marco

hi traders,

my name is Marco Pierre. i been trading for several years using brokers such as TDFX and, Alpari fxcm and the best signals signal firms i have used after using many others is FxPremiere. Fx Premiere Group SMS Signals firm are actually a legitimate Signals firm. Everytime i email them a question they respond almost instantly. I managed to speak to an individual who manages the Group Called Justin and i had a great conversation with him bout his technical analysts and how they predicted trades. it all made sense.

Look forward to your replies traders

ps does anyone know a fixed spreads broker??

Marco Pierre22