Product: FAP Turbo

Product review:

In the recent times, there have been quite a few forex auto trading systems that have created a lot of hullabaloo. However, several of them have turned out to be damp squibs, and have helped their patrons lose a big bunch of money.

But one of the most reliable stars in the new crop of forex auto traders has to be Fap Turbo.

When you log onto the Fap Turbo website, you will see that the system is not based on pure speculation, but is in effect a ‘forex trading robot’. By a robot, the founders – Steve, Mike, and Ulrich – mean a wholly stand-alone system which is capable of calculating possible profits based on past and present data; and buys and sells forex based on the amount of freedom the user gives to the robot.

One thing that seems too good to be true on the site’s homepage is the amounts that have purportedly been made by Fap Turbo. There are screen captures that show about $ 2000 made in under ten days – and that too in the same week in which Lehmann Brothers shut shop! There are quite a few more – like $ 300 becoming over $ 1000 in under a week, and so on. But the thousands of people who’ve vouched by Fap Turbo cannot be wrong too!

The surprising thing about the system is the price at which it is being offered. According to the founders, the price for using the robot is $ 399 per month; but in the launch offer, they are giving it away at a one time payment of just $ 149, without any subscription costs or recurring charges – and that is great!

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. 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.

Along with this, there is also a 60 day money-back guarantee if you are not happy. If you are serious about forex trading, this seems like a good bet.

Conclusions and Recommendations

By September 2009, the Fap Turbo creators already had more than 27,000 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.

The surprising thing about the system is the price at which it is being offered. According to the founders, the price for using the robot is $ 399 per month; but in the launch offer, they are giving it away at a one time payment of just $ 149, without any subscription costs or recurring charges – and that is great!

Rating: (4 votes, average: 4.00 out of 5)
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