FAP Turbo Reviews - Forex Automated - Forex Systems

Average Customer Rating: (based on 28 reviews)

(2.0 stars vs. 3.1 category average)

(4)

(0)

(2)

(8)

(14)

MontyJB

Casual Trader

Not worth it

3/14/2012

0 of 0 customers found this helpful (0%)

Pros:: Easy setup, Easy-to-download
Cons:: Slow, Poor support
Bottom Line:: No, I would not recommend this to a friend
Quote:: used this for a couple of months, not one long term strategy it did. With the other trades, it was ok for a week, but then it went all down hill and all i got was losses. Not worth buying

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riffraff

Casual Trader

Seems ok till now

5/19/2011

0 of 0 customers found this helpful (0%)

Pros:: Easy setup
Cons:: Slow
Bottom Line:: Yes, I would recommend this to a friend
Quote:: Seems to be working fine for the moment. I will continue experimenting with it over a few months

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WastedKire

Intermediate Trader

Im Impressed

3/6/2011

0 of 0 customers found this helpful (0%)

Pros:: Easy-to-download
Cons:: Complicated setup
Bottom Line:: Yes, I would recommend this to a friend
Quote:: I have traded on virtual accounts on my own for about a year, then bought FAP Turbo and let it run for a little over a month on my $50,000 USD demo account. In that month this EA has gained me $14,500. I can do well on my own without a robot, but the 'human factor' comes in, I get excited about my wins then make some dumb decisions and lose it all. I had to do some lengthy research and tweak the settings (which is a bit complicated) before I set it on my practice account, but the bot runs nicely. The tech support replies back to me within one business day and I haven't had any problems. I'm going live with a $250,000 ($5,000 @ 50:1) dedicated ECN Brokerage account in a couple weeks and will let the bot run it. I'm not going to lie, I'm nervous, but I think the risk is worth it. Do your research and know your stuff before you run this bot. Continually update and educate yourself or you'll lose it all.

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baherhosni

Intermediate Trader

Not worth it

11/6/2010

0 of 0 customers found this helpful (0%)

Pros:: Easy setup
Cons:: Poor support
Bottom Line:: No, I would not recommend this to a friend
Quote:: Well I used this robot for two months and it did not win a single long term trade. Well if you think two months is not enough for a long term trade then what about the scalping function. This thing scalps in losses. I did set the GMT offset correctly by the way.
This robot is not worth the time nor the money

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davepips

Intermediate Trader

not for me

10/30/2010

0 of 0 customers found this helpful (0%)

Pros:: Easy-to-download
Cons:: Excess updates, Complicated, Poor support
Bottom Line:: No, I would not recommend this to a friend
Quote:: was not happy and thought it was good anyway i had a negative performance from this bot after 3 weeks of use so i stopped using it.

Dave

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MooPipsAlot

Intermediate Trader

Please dont do it

10/5/2010

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: None
Bottom Line:: No, I would not recommend this to a friend
Quote:: I fell prey to the EA promise of wealth and riches when I first began trading. I quickly realized that knowledge and analysis is the way to be successful. The setup was easy as they say but it wiped my account out 3 times! I am now doing my own trading, mixing fundamentals and technical analysis and currently back in the +.

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joebutters

Casual Trader

Just Your Typical Scam...

7/8/2010

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: Complicated, Poor support, Complicated setup
Bottom Line:: No, I would not recommend this to a friend
Quote:: So, I finally had the chance to test out the so called "pinnacle" of trading robots, FAPTurbo. Let me say from the beginning that I know robots are scams, but I allowed myself to believe the hype. YEA! FAPTurbo ROCKS my SOCKS off! PLEASE, by NO means take this as my support of this product. I have kept MT4 running for about a month now with FAPTurbo on. Let me say I was pretty impressed with the first couple hundred dollar wins. BUT, I was even more UNimpressed by the even bigger losses, ($500+ losses). Luckily, I don't test robots on live accounts. I started with a 50k demo account. Today on July 8, 2010, I currently have $43,611.93. That is exactly a $6388.07 LOSS! Horrible! !Que horrible! To sum it all up, robots will never work. There is no way to accurate predict the future based on history. Especially in dealing with the currency market, the only constant is change. FAPTurbo was no difference. There goes my hundred something bucks gone!

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traderDan

Casual Trader

FAP Turbo is like a flat tyre

4/27/2010

0 of 0 customers found this helpful (0%)

Pros:: Easy setup, Great price, Easy-to-download
Cons:: None
Bottom Line:: No, I would not recommend this to a friend
Quote:: I don't really like it, because the results are rubbish! It will make consistent gains and then wipe out 10% of my account in one week.

There was extreme hype around this product before I signed up in the beginning of 2009 and it performed really well for three months. After that my account literally lost 40%! Apparently its because my broker decided that it was too profitable... RUBBISH! I have tried it on several brokers and the fact of the matter is that there was a change in market condition.

Waste of time, hype and money.

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faloon

Intermediate Trader

No Way

11/30/2009

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: Poor support
Bottom Line:: No, I would not recommend this to a friend
Quote:: Makes a small profit that gets completely wiped out in one day... happened a half-dozen times.

IMHO, it is all hype, no substance.

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marktrader

Intermediate Trader

very good results

11/17/2009

0 of 0 customers found this helpful (0%)

Pros:: Easy setup, Great price, Easy-to-download
Cons:: Poor support
Bottom Line:: Yes, I would recommend this to a friend
Quote:: Hi. I have been trading with fapturbo for last 4 months. 1.5 months ago I went live (broker iamfx.com) and so far results are really great. I already made withdrawal of 2000 usd.
Here are my recent trading results:
http://img692.imageshack.us/img692/5003/fapturboresults.jpg

fapturbo guys stand for this product and continue the development. I don't see a reason for complain here. Recently they have released a great update with USDCHF that is working like a charm!

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