Fap Turbo Review

Although fap turbo expert advisor (EA) is said to have been developed by 3 guys named Mike, Steve Carletti and Ulrich, I was informed about this product by Marcus B Leary (forex autopilot) and Andreas Kirchberger (forex-killer) through e-mail. I am sure a lot of others have received such promotional mails as well. Fap-turbo is similar to forex-autopilot, but with several modifications such as fixed stop loss and use of scalper strategy to make it better than forex-autopilot. The updated trading account statements on the sales page seem quite interesting.

In the member's area, you will find your license key to activate the robot, video tutorials explaining the account set-up process using Metatrader 4. Also included are videos to use fap turbo in a scalper strategy and long term strategy. FAQ section and support section are also available here. Fapturbo now works with the following currency pairs: EUR-GBP, GBP-CHF, EUR-CHF, EUR-USD, USD-CAD and GBP-USD.

I do not think fap turbo is a scam. It seems to be more useful when used as scalper rather than going long term. Scalper closes position swiftly and trades only within a certain time frame and only for a few hours (PM - GMT). The short term strategy is designed to trade 1 to 5 times a day with a profit target of 6 to 15 pips. This is unlike most other scalper based system. It is a good idea to avoid using the system on a highly fluctuating trading session.

Fapturbo Updates:

• On May 14, 2009, Fap turbo version 47 was released with several new features such as automated GMT offset by comparing your broker time with the Global GMT server time. The main algorithm was not changed, but several new settings were modified or added. These include addition of StartSessionMinute and EndSessionMinute, Scalper_EURGBP_StopLoss was changed to 35 instead of 112. The full list of modifications is available at the fapturbo members' forum. Also, the long term strategy can now be applied for any time frame.

• On September 1, 2009, version 48 was released to comply with the no-hedging NFA rule. Fapturbo does not hedge on the scalping strategy at all. On the long term strategy it does not hedge if you use default MaxOrders=1.

• On November 3, 2009, version 49 was made available and it can now trade USD-CHF as well.

• On March 19, 2010, Fapturbo version 50 was released. With this update, fapturbo can now trade GBP-USD, and it also comes with new default settings for EUR-CHF and USD-CAD.

Other traders are also seeing winning trades for the most part. Some traders had to wait for quite some time before the EA actually started live trading. Its when the conditions are met that fap-turbo starts working. But if it does not start a trade in more than 2 days (except fridays and weekends), then you may contact their support or visit the members-only forum.

Fapturbo is a well known robot, but do not depend solely on reviews, neither mine nor others. Test it yourself. You can try fap turbo risk-free since it comes with 60 days full money back guarantee (you may contact clickbank directly for refunds).

Download here | Go to Fap Turbo home-page