FapTurbo Review

By Hugh Scarlett

With ever increasing demands on peoples time, those who wish to explore the Foreign Currency Market and develop alternate streams of income, without giving up their job, are turning to Automated Forex Trading Systems.

These allow the trader to set up an account with a Broker and add software to the platform that will trade automatically with minimal input. There have been many systems developed to achieve this, and most have failed under the test of time. Usually because once developed, they were forgotten about and stagnated.

Late 2008 a new Forex Robot was released based on an already operational robot, but the difference was significant. The FapTurbo creators had used the Auto Pilot robot and developed it to a whole new level. Not only that, but unlike most other robot creators, they keep developing it, so when you install this robot, you receive regular updates which keep it operating at peak performance.

FapTurbo operates under very stringent guidelines, because it is a Scalper. Scalping is a trading system which involves grabbing small profits over short time frames, and not holding trades open for extended periods. This it will do time and time again, so you will have any number of trades, provided the indicators are on the money.

Scalping can pose problems for some brokers as they don’t have the financial structure or funding to hedge scalping trades. The creators of FapTurbo have overcome this hurdle by having recommended brokers which support their trading system.

Because I had tested a large number of Forex robots and many had failed dismally, FapTurbo was not going to escape the same strategy testing. The developers claims were pretty over the top, so there was no way I was going to commit real money and see it go up in smoke.

The results were impressive, no they were not the same as the developers, but that is understandable as different Brokers provide slightly different historical data and their Demo accounts do not operate the same. This is normal even though it might leave you scratching your head as to why, just accept it. The Demo platforms and servers are where Brokers also test, and since they are not used for live trading, there is no requirement for 100% accurate data.

We went live and soon started seeing the pips roll in. This was impressive, then we hit a snag, not because of FapTurbo, we received an email from our broker, stating they were unable to obtain hedge funding for scalping trades.

Our automated Forex trading ground to a halt for 4 months until our Broker had set up hedge funding. We were not the only ones caught by this and it hurt, but with our account structures it was unfeasible to change brokers.

So take good note of my comment about Brokers, and make absolutely sure they are both reputable, and can hedge scalping trades. Also FapTurbo must have low spreads, 2-3 pips up to 5 max, otherwise it will not trade.

We are now back trading once more and FapTurbo is turning up trumps. Yes, the claims made by the developers do stack up and this Scalping Robot will make you some very good money.

Another advantage when using FapTurbo as a scalper, is that it trades different currencies to Forex Megadroid so we and you can use both Forex robots on the same account.