FAP Turbo – A Quick Look

by Allison on May 4, 2010

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NOTE: We no longer trade FAPTurbo on our real cash accounts and we do not recommend it. Forex Crescendo is now our top robot that we are using on our large account. We terminated using FAPTurbo before we experienced any severe drawdown, but the trading became so volatile that most people did not trust it anymore. This post has been left as reference material only.
FAP Turbo is a Forex Robot that promises to double your investment every single month.

FAP Turbo was created by Steve Carletti, along with two other programmers, Mike and Ulrich. The decision that led to the creation of this Forex robot came to Carletti when he decided that he wanted to be rich without being tied down to a monotonous job. He didn’t want the rigidity of 8-hour jobs. He then decided to recruit Mike and Ulrich, and together, they were able to create FAP Turbo. They released FAP Turbo on November 25, 2008 and currently, it is at its 50th update.

FAP Turbo was designed to trade on all major currencies. It employs a scalping algorithm, which the creators claim makes it possible to multiply your money at a faster rate. It also comes with safety features, preventing you from blowing up your account in just a short amount of time. And because some brokers really hate to see you win in trades, they try to crack down on who is using Forex Robots and close their accounts. FAP Turbo is equipped with what they call Stealth Mode Operation that makes your profits and stoploss values invisible from the brokers.

While a discussion on its safety features is great, the real question is that whether this EA works or is it a waste of time and money. Users who posted in BabyPips.com seem to be happy with the way FAP Turbo has been performing with their respective brokers. They made mention that while it did have some losing trades, the winning trades make up for it. However, some traders who posted in Forex Peace Army seem to be having troubles with the most recent update.  One user even mentioned that the FAP Turbo blew 6 of his accounts in rapid succession. Another problem with FAP Turbo is licensing. Some have users claim that they cannot change their brokers, especially when they are banned, because FAP Turbo is limited only to 1 Live account and 1 demo account. However, the user guide that comes with FAP Turbo outlines the steps needed in order to change brokers.

Overall, despite the flaws mentioned by some of the users, you might want to give FAP Turbo a try. After all, with a 60 day money back guarantee, that’s enough time for you to set up FAP Turbo and give it a shot – risk free.

Format Digital Software
Delivery Instant delivery OR Install on FAP Turbo Server
Price $149.00
Warranty Information 60 Days 100% Money Back Guarantee
Created By Steve Carletti – Mike and Ulrich (Last names unknown)
Customer Support E-mail and Phone Support
Official Site http://www.fapturbo.com/
WHOIS Information Visit AboutUs.org for more information about fapturbo.com
AboutUs: fapturbo.com

Registrant:
WhoisGuard
WhoisGuard  Protected
8939 S. Sepulveda Blvd. #110 – 732

Westchester  CA  90045  US

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Anne May 14, 2010 at 3:23 am

Thanks for this article. It was written well. I now have more idea about FAP turbo for my research.

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