Sunday, August 23, 2009

FAP Turbo Forex Review - Is It Just Hype?

By Michael Torc

The automated Forex robot industry has grown dramatically in just a few short years. There are a lot of Forex trading robots on the market. They are designed to diagnose market conditions and carry out trades robotically without human intervention. Automated trading robots eliminate the emotional element. Greed and anxiety cause even experienced traders to make awful decisions.

All robot manufacturers claim that their Forex trading robots will help you make millions. When you download their product and test it on a demo account, it works like magic. You always see great results in back tests. But when you go ahead and let it operate with real money, you get wiped out in a couple of days.

The problem with many a Forex trading robot is that they use shoddy algorithms. They can only respond to patterns that have occurred in the past. But are not designed to handle abrupt, unique or unpredictable conditions. When an unforeseen market even occurs, they become unstable and stop functioning. Not few Forex traders have lost $10,000 using these badly designed robots. Naturally, there is a lot of resentment about Forex trading robots.

FAP Turbo is on a category of its own.

Unlike most robots, FAP Turbo refreshes its results every 15 minutes. Thus, FAP Turbo gives you almost real-time trading reports of its performance.

One other great characteristic of this software is that it can work with any size account. It conducts trades without human intervention and its expert adviser runs on a metal trader 4 platform. The advantages of the FAP Turbo Forex trading robot are not limited to:

1) Downloading, installing and setting up the product is a piece of cake. 2) It has a 95.9% winning rate. 3) The start up investment is as low as $50. 4) Its draw down is only 0.35% compared to most robots that have a draw down of 10% - 20%. 5) The robot can be hosted on a server meaning that your computer does not have to be turned on 24/7 and tied up. 6) Customer support is outstanding. 7) The video tutorials are concise, professional and each takes about 5 minutes to watch. 8) The software screens and features are intuitive and user friendly. 9) Not least importantly, this Forex trading robot does all the work for you.

Customers have lifetime access to the membership area. That is the area where you can access the latest updates, video tutorials, form and other success tools. FAP Turbo is one of a few winners among hundreds of Forex trading robots out there. It is not pure hype. It is for real.

As with all other investments, currency trading involves some risk. It is highly recommended that you test FAP Turbo on a demo account first until you become familiar with the system. If you are an unsatisfied customer you can return the product within 60 days and get a full refund.

Personally, I have been a user since 2008. Like most traders, I experimented with a demo account and then moved to live trading. The results have been very good and I look forward to the time when I will be doing online trading full time. - 23210

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