Monday, 6 April 2009

FAP Turbo Scam

My Experiences and the Truth Behind This Controversial System

I've had varying levels of success since I first started using forex trading robots a few years ago. I'm always game to try something new though, because I know that as this technology continues to improve, more responsive systems are going to continue to come out on the market until everyone is trading with these things, but I'm getting way ahead of myself and that's still many years off. When I heard that the makers of Forex Autopilot were coming out with a new system, I figured I'd test it first hand so I picked up a copy of FAP Turbo. Scam or no scam? Here we go.

Well the first thing to mention is that when you get this system, you have to decide whether you're comfortable or not with leaving your computer on around the clock. See this is because FAP Turbo needs to stay connected to real time market data around the clock in order to automatically trade for you whenever it deems appropriate.

If you're not comfortable with this then the publishers offer to run the system on their servers on your behalf for a slight up charge, I'm not sure how much as I opted to run it at home just so that I can feel better in control, which is a silly sentiment I suppose considering it's nearly entirely automated.

What I've come to recognize in FAP Turbo is that it works well simply because it focuses on low risk/reward/more reliable trades. If you're curious as to whether or not this is worth it, run it through a demo account and see for yourself how profitable it is and you'll see that it enters and exits at peak times, effectively maximizing your gains and minimizing your losses, and goes on to repeat this practice again and again around the market.

Beginners will like the simplicity of the whole thing as roughly no previous forex knowledge is necessary to bring in some reliable and earnest profits as you can even learn from watching it trade. More experienced traders will undoubtedly like the ease of use and like myself will enjoy leaving this system in control of some trades so that they can focus on other areas of the market to trade personally.

For what it's worth, they even have very responsive both email AND phone support so that if you have any concerns or questions they will be dealt with very quickly. Customer service is very important to me and I believe a very important metric by which to measure both the reputability of a publisher as well as the effectiveness of their product.

Best of all is you can put the FAP Turbo scam accusations to rest yourself first hand as the system comes with a 60 day full money back guarantee, so if you feel like it's not earning you enough money you can get your money back within those 60 days. Fortunately, you probably won't feel pressed to do this because this system gets set up and running so quickly that you'll likely have made that money back in your first day, assuming you're trading with real money of course.

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