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1. Why am I reviewing Fap Turbo
Frankly speaking, I never like automated forex trading robots or any expert advisors. They have busted a few of my accounts in the earlier days.
Then one of my friend recommended me Fap Turbo, an improvement over Forex Autopilot
He told me that one of his "play" account was multiplying 30%-200% every week consistently. What he did was to let FapTurbo trade half of his play money ($250) at IBFX every time. Very risky in my opinion but this robot just kept multiplying his account week after week.
So after 3 months testing, I am recommending Fap Turbo here. You can start with the FapTurbo Factsheet for more details
2. The Uniqueness
Unique Short-Term Scalping strategy
This is the main difference why this software has become the top selling forex trading robot recently. FapTurbo has a high trading frequency through scalping for quick pips whenever it can. Combined with a tight stop loss, your account can be multiplied faster over time.
That is why some of the users' account can multiply 2-3x in a week. It does depend on favorable trend though.
Scalping Multiple Currencies
Fap Turbo monitors 5 currencies and uses the scalping method to trade all of them simultaneously. They are EURCHF, GBPCHF, EURGBP, USDCAD, EURUSD.
Safe Filters to Restrict Big Losses
Have your account being burned out by a forex robot before? The reasons were the big stoploss parameters. All of them have around 300-500 pips for stoploss !
No wonder most of them were found out after the trend changes. The earlier profits were wiped out and those who compounded lost everything.
This is one of the most important parameter any automated forex trading software must have. A stoploss that aligns with the risk/reward ratio and winning rate.
FapTurbo has this built in safe-filters to take small fixed losses compared to most system that uses huge stoplosses
A Stealth Mode Operation
Brokers like to increase spreads and hunt stops on accounts using forex trading robots. And it doesn't help when most forex robots trade like one. Fap Turbo uses a stealth mode operation that hide the profit and stoploss values from the brokers
Most favorable comments from the users
Up to date, FapTurbo is the most popular forex robot with the users. It is able to multiply account faster and take in smaller losses that don't wipe out your account in 1 day!
3. Benefits with FapTurbo
You can multiply your account faster with short term scalping
This was the main reason why I tried out Fap Turbo. I always thought forex robots should be doing scalping and multiplying small accounts during favorable trends.
Note that I say that small accounts not your main trading capital. With compounding, you could really rake up some decent thousand% gains with only your risk money at 100% max.
Not to mention that it can trade 5 currencies at a single time!
Your trading capital is always protected with small fixed stoploss
This feature is massive and what makes Fap Turbo works for long term. Lets face it, a software cannot cope with all kinds of market conditions. Therefore, it must take losses whenever it is wrong. That will help to preserve our earlier profits.
This is one area that the predecessor , Forex Autopilot failed to obey.
You have an trading strategy that is working for 9 years
Ok , backtest do not mean everything but at least you have a clue on the profitability and winning rate. FapTurbo scores a 5000%+ net profit with 96% winning rate. If the trading strategies inside this expert advisor is no good, it won't even be profitable
Your account is least likely to be flag by brokers
You should realised now that shady brokers do not like automated trading softwares. So there is every chance that they will sabotage your trading results with stoploss hunting and even banning your account. Thats why Fap Turbo employs a stealth mode operation to escape detection by most brokers.
You are getting a upgraded version over Forex AutoPilot
Forex AutoPilot made a lot of money in the early days when market was trending big. It then came down crashing with its big stoploss when the currency turn its trend. Forex Autopilot wipe away all the earlier profits with a single 500 pips stoploss.
(those who compounded everything)
The goal of Fap Turbo was to improve the weaknesses of its predecessor.
4. What I don't like ? (The Cons)
Each copy license is fixed to 1 broker
As each copy is tagged to your metatrader ID, you cannot change your broker once you have activated your copy. It will only work with 1 broker platform. This means that you have to buy a new copy if you wish to use the software with another broker.
FapTurbo does not trade on Friday
It is true that Friday can be a strange and slow day occassionally. That is why most traders would advise you to stay away. I personally feel you can be missing a lot of good trades.
There are certain session you can trade with high probability. This is due to profit-taking and indecisive nature near the end of the week. This is especially true at the end of US trading session.
5. Users' comments on Fap Turbo
The users are quite excited over the quick profits that this robot is good at. Well, the typical trader love to see many trades opening in a single day. So Fap Turbo kinda scatched the itch of most people gambling mentality.
The general complaints or feedbacks are the licensing policy mentioned above. Some of the users are using shady brokers who banned accounts or try to sabotage the trades made with FapTurbo. Brokers generally do not like popular automated forex trading softwares as they get profitable!
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