Automated forex trading software, low investment.
Difficult to verify FAP Turbo’s high profitability claims.
FAP Turbo appears to be a fair and straightforward automated forex trading software program. Make this selection if you are keen on making automated forex trades, but start cautiously with a minimum investment.
FAP Turbo (Forex Trading Robot) Review - What are actual customers saying?
FAP Turbo Forex Trading Robot is a unique software program that performs automated forex trading transactions on your behalf. The company FAP Turbo is a one-man-show established by Steve Carletti who is a professional software programmer, who developed this software program along with two friends from college.
The program is designed to determine the winning trade rates so that an investor can make money automatically, even without having any knowledge of the forex trading market. The program is sold at a price of $149, and Steve Carletti claims to have sold more than 55,000 copies till date.
FAP Turbo claims that the program’s back test results are validated through actual live forward trading. This essentially means that if the software robot is back-tested for a period of 10 years, the results will reveal a profit of 48 percent per month. When the program is forward tested, the live profit trades get doubled. Going by these rates of return, FAP Turbo forex trading robot claims to earn about $42,000 on an investment of $5,100.
How to Run the Program
FAP Turbo can be used by anyone with a basic knowledge of computer and software. Knowledge of forex trading is not necessary because the program performs the trades on its own. The program needs to be downloaded to your computer, and installed. Thereafter, you can invest as little as $50 to get started and see the results for yourself. The program starts trading immediately once you have invested the money.
You do not need to be personally present in front of the computer. All you need to do is deposit the money, and the program continues to run on its own and makes trades, as long as the computer and the program remain on. In other words, FAP Turbo promises you a passive income generation 24 hours a day, while you concentrate on other activities of your life. That just sounds a little hard to believe.
FAP Turbo forex trading robot allows you to trade in multiple currencies to spread the risk. This means that it can continue to trade round the clock in various currencies. The program also continues to work irrespective of the prevailing market conditions. One of the key features of the program is its built-in loss prevention system to preserve your investments. However, the company does not explain how exactly the program functions to protect your money, except that it includes a tight stop loss. Possessing company secrets is nothing new though. Most forex products have similar types of secrets.
What Others are Saying
User reviews about FAP Turbo are mixed. Some customers are happy with the program because it made money for them. It is fully automated and simple to operate, which most customers appreciate about this program. One of the limitations expressed by some customers is that you are not allowed to change your broker once you have activated the program. If you wish to change your broker platform, you will have to purchase a fresh copy of the program.
Several customers call FAP Turbo a scam simply because its claim of turning $5,100 into $42,500 in a month appears too much to digest. Such customers may not have actually used the program, but they make their comments simply on the common logic that, “Anything that appears too good to be true, usually is.” Therefore, such customers call the program a gimmick even without having actually used it. FAP Turbo’s absurdly high profit claims raise doubts in the minds of such customers. This seems like something someone should investigate. Why is there not more known about this? This seems like something 60 Minutes would investigate.
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Company and Product Information
Reviewer has not owned or tested this product, all information contained in this review is based of research the feedback of others that may or may not have owned the product.
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