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How would you like to pay a LOT of money for an EA and find it's just another EA with some of the settings changed? How would you like to pay for an EA and find it's just an overpriced clone of another EA?
We've seen solid evidence that 2 more commercial EAs are just illegal copies..
The EA sold by Forex Turbo Profits seems to be just a very expensive repackaged version of FAPS (Forex AutoPilot). The price was $750 as opposed to 99.50 for a copy of FAPS. A few of the settings have been changed. To sell custom settings for FAPS or another configurable EA is legal. To sell a cloned copy of the code is not. If you have a copy of FAPS, you can get the altered settings for free from our friends at 4xProject.com. The good news is that this company now claims to be “sold out”, but you can still get your refund from ClickBank.
The RemExpert EA sold by Buy Expert Advisor is evidently ea slightly altered clone of FapTurbo. Taking an idea and reverse engineering it from scratch may be legal. In this case, significant portions of the code appear to be illegally copied, even though one additional currency pair was added to the bot. For this small change, the price was bumped up from the FapTurbo price of $149 to an astounding $950 to use it on two accounts for 1 year. We recommend filing a PayPal dispute if you have any trouble getting your money back.
We wish to thank FPA's AsstModerator, FapTurbo's Abuse Team, 4xProject, and BestForexEA for their contributions to this case.
Official Scam Finding
BestForexEA analysis of RemExpert Code
Backtest of ForexTurboProfits by 4xProject
Identical results in a backtest of FAPS by 4xProject
We've seen solid evidence that 2 more commercial EAs are just illegal copies..
The EA sold by Forex Turbo Profits seems to be just a very expensive repackaged version of FAPS (Forex AutoPilot). The price was $750 as opposed to 99.50 for a copy of FAPS. A few of the settings have been changed. To sell custom settings for FAPS or another configurable EA is legal. To sell a cloned copy of the code is not. If you have a copy of FAPS, you can get the altered settings for free from our friends at 4xProject.com. The good news is that this company now claims to be “sold out”, but you can still get your refund from ClickBank.
The RemExpert EA sold by Buy Expert Advisor is evidently ea slightly altered clone of FapTurbo. Taking an idea and reverse engineering it from scratch may be legal. In this case, significant portions of the code appear to be illegally copied, even though one additional currency pair was added to the bot. For this small change, the price was bumped up from the FapTurbo price of $149 to an astounding $950 to use it on two accounts for 1 year. We recommend filing a PayPal dispute if you have any trouble getting your money back.
We wish to thank FPA's AsstModerator, FapTurbo's Abuse Team, 4xProject, and BestForexEA for their contributions to this case.
Official Scam Finding
BestForexEA analysis of RemExpert Code
Backtest of ForexTurboProfits by 4xProject
Identical results in a backtest of FAPS by 4xProject