The Forex Market attracts a considerable amount of interest from small investors, it is probably the hottest ‘get rich’ system around and as is human nature, there a lot of people, some might call them con artists, jumping on this band wagon and selling automated Forex systems, ‘Expert Advisers’ (EAs) to the unsuspecting investor. Some even take free EAs, re-name them and sell them for exorbitant sums to newcomers, leaving a trail of financial devastation.
The dream of a profit pulling, automatic Forex trading system is the Holy Grail and in reality, if someone was to create such a Robot, they would be an instant millionaire and would dominate the markets to the extent that they would probably be frozen out by all the brokers.
But some people might be considered to have come close.
I trade Forex both manually and with Robots. It is challenging and not for the faint of heart. It is not easy watching $thousands go down the drain when one has picked signals incorrectly, but it happens and it happens to absolutely everyone who trades Forex. Anyone who says it doesn’t is quite simply lying!
I have tested a number of Forex Robots on real time demo accounts and most fail dismally, sending theoretical accounts spiraling into oblivion. So far FapTurbo is one of three that over time has consistently returned more than it looses.
By now, more than 40,000 traders are using FapTurbo, so I think that says something about the power of this piece of software. It has even been banned by some Brokers.
Unlike many EAs FapTurbo is constantly evolving, the developers are constantly improving its functionality to suite the ever changing dynamics of the market, so once it’s installed you will be receiving perodic updates to make sure it keeps operating to its maximum ability.
FapTurbo only works with a limited range of currency pairs. These have been selected by the creators for their small pip spread and the predictability of the currency. I have found the best of the three to be the two European currencies. Once FapTurbo was set up with these and allowed time to establish the way the signals were moving, it consistently grabbed a large number of small profits.
So what do you need to use FapTurbo, experience?… No, just a willingness to learn. You will need a reliable internet connection or a VPS (Virtual Private Server) if you wish to trade remotely. If you have regular internet interruptions, then a VPS is the solution.
The trading platform is MetaTrader 4 which is readily available as a free download from most Brokers. The best Brokers are those who use ECN as their spreads are lower and this can make a significant difference to this Robot’s frequency of trade. Check my article on Brokers for a more detailed explanation of Broking structures.
Another very important consideration is your Broker Account Currency. There is a tendancy for those not living in the US to set up their account in their home currence. In the UK; GBP or Australia $AUS and so on. DON”T! Set up your Broker Account in $US nothing else. If you do use a different currency, it has to be converted to $US for FapTurbo to work and this takes time and will significantly reduce the number of trades FapTurbo makes. We learnt this one the hard way!!!
The FapTurbo creators provide a comprehensive FAQ section which will answer most of your queries, there is a very active Forum with many thousands of topics and probably even more users, plus there are 8 instructional videos to get you started correctly, so the support is comprehensive.
To put it simply FapTurbo works and is backed up by a very good Forum so there is a large supportive community of traders using this Robot, that will help you develop your skills. Plus there is an excellent publication covering more advanced trading with FapTurbo
To find out more information on FapTurbo, view the official website, if you like what you see and purchase we will receive a commission.
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