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FAP Turbo Review

FAP Turbo is all about expert advisor forex trading robots. It's designed to work with the free Metatrader 4 platform.

Comes with a decent guide plus video training.  Support is provided via email, telephone and forum. 

Created by advocates of the Forex Auto Pilot (fap auto) who improved several features to include a fixed stop loss value.

Software is easy to download.

Functionability: 5

Nothing special about the download capability.  Make sure your broker is compatible with whatever EA you decide to use.  One particular broker denied (at least temporarily) the use of this forex trading software because it was too successful; thereby, limiting its profit.
 
It's best that you use the demo mode with your broker before you use real money.  FAP Turbo claims 9 years of backtesting of online forex trading plus the opportunity to see live action with both small and large accounts.
 
Even though you set your own strategic parameters you need to leave your computer on 24 hours 5 days each week.  They offer an upgrade (monthly fee) called VPS that can host your trading on a remote server.  Certainly worth considering. 

This robot combines 2 strategies: Short Term Scalping and Long Term Advanced FAP. Both are built inside one FAP Turbo expert advisor and can be switched on and off easily.

FAP Turbo Home Page

Ease of Use: 5

The training videos do a good job of explaining how to set up and use the EA.  Just make sure you are happy with your broker arrangement, which is totally independent from FAP Turbo.

Because the software provides two trading strategies be sure you use the proper currency pair and timeframe.  Each strategy is designed for its own timeframe & currency pairs. For example the long term strategy works only on EURUSD, M1. The scalping short term strategy works on 4 pairs: EURGBP, GBPCHF, EURCHF & USDCAD, M15. 

Spreads can make or break your profit potential.  You should utilize the built in money management feature and be VERY careful about your broker's ability to adapt to all features.

Customer Support: 4

No complaints with customer support although at times the response via telephone could be better.  Members only forum is starting to develop nicely and provides a good opportunity to communicate with one of the program developers named Mike.

Should point out that as an owner you will receive frequent updates to the software.  Make sure you immediately upgrade by carefully following the instructions provided.

 


FAP Turbo Overall: 5

(Overall Score - Not an Average)

FAP Turbo provides an automated forex trading opportunity that is fairly priced. Forex robots are especially useful for those who are new to FX.

Get FAP Turbo Here >>

 

Risk Warning:

Even using robotic forex trading strategies involves
substantial
risk of loss and may not be suitable for everyone.