FapTurbo.com Review

I have a separate computer that runs 24/7. Although it shut down 4 months ago and I forgot to restart it, but until then my $2000 USD on FXChoice 4, running the standard parameters in the instructions is now $3346. That is over 150% return in 18 months. Now I did adjust to lower the leverage. Hope this helps. The lesson I learned is have enough capital, don't go over on leverage and give the software 6-9 months.

Hey, I use this robot 7 weeks. The main thing which I like it's trading activity. I used several robots before and with some of them I wait few days to see at least one trade but with fapturbo I got 2-8 trades per day. Almost all of them profitable. I don't like that profits are too small but they close fast. At the beginning I got loss trade after one week and have sent them a message. After two days I finally got response but their answer was helpful. Also I got bonus their robot with ichimoku filter. Now I use it also. In general I can say that robot good and profitable but you always should be in contact with their support because they can recommend to change settings. I like their member area it's quite not modern but there a lot of useful things like videos, pdf and other. Hope they will improve their software to make updates with settings automatically and it will be not necessary to ask them about settings every month.

Don't waste your time on this robot..
You will never win. Big loosing stop loss knocks down all your small wins. Strategy behind it sucks.

Weird to see such bad reviews here, because Fapturbo 2 is excellent. I have used it since Jan-2014, so 8 months already. I'm using FX Choice as a broker. Fapturbo 2 is constantly making money for me. Every month since beginning.

For configuration I have used always the default settings and lately the pair specific tweaks that can be downloaded from Fapturbo 2 website.

For lot size I use the calculation that is explained in the documentation: 0.01 lot per 200$ account size.

I wrote this review just to give respect to the developers. The EA works like a charm and keep up the good work fellows! Sunny salute from Finland!

Not tried FT2 but FT 1(V56) does work but is very erratic. I tested v 57 and that was awful so went back to 56 on a live account with initial $100 deposit and in 3 months I doubled my money but since I put more money in ($1000) performance has been shocking although I have had winning trades there are far too many losers. I will probably ditch it as it's never gonna make any serious money.

You need to run FT2 on myfxchoice to have same results as they claim.
I am running it live on myfxchoice and so far so good! I am up 23% since july 1. I was running it on older account too since february, that one won every month except bad May month! That acc is up 49 after it was up 67% earlier but now recovering back again.

enough for this robot.! i keep losing money in this 2 months not including VPS service 40EUR per month. All new open trade look very stupid, winning ratio very very terrible.!! and different from the fabtubo 2 website. i stop use it today and sure ask them to refund my money. disappointed and wasting my time..!!

Using FT2 from last 3 months by default setting, My account is down by 25%. Bitcoin with huge losses and stop trading it.

Guys,

Here is my advise after using FAPTurbo57 for a few weeks (real money).

DO NOT use the long term strategy.

The scalper strategy is working for me on all pairs with the DEFAULT settings, 5% risk reductior (default).

From what I can see - where people are going wrong is using the long term strategy (which has a ridiculous 500 pip stop loss from what I can see in the settings) or they are attempting to change the scalper strategy with back testing.

I really don't think this EA is a scam, I just think they like to walk away from people who have used the EA incorrectly and blow their accounts up, which isn't good either. At the end of the day they are trying to run a business and probably find it frustrating when people want their money back after making some mistakes and changing settings, this still doesn't excuse them here however.

At the moment I'm happy with this EA and would give it 5 stars if it remains profitable for months.

Hope I've helped here. Good luck.

FapTurbo makes money everyday for me :)
The thing is, DO NOT mess with the settings. If You do, its not the robot thats losing money, You !! The worst and most common mistake is setting the robot to trade 24hours a day, when its designed to trade the low volume times. I have a 600usd account that I am about to up to a 1k account that I use 0.1 lotsize on. This is safe enough because of the 85% plus hit rate and generates 20 - 50usd for me every night mon - thu. Very happy and please do not mess with the settings. They update the settings and release a new version every six months and they test the new settings themselves so please please please, use default and make money.
Like always in trading ( not a noob, been actively trading for years ) over thinking and panicking and messing around with Your strategies and ea settings after one bad day or week even will wipe out Your account. Do less, make more money !!
So set the robot up, set a preferred lot size or LRR and after that, just let the other settings be. Kick back, make money :)
Hugs and happy trading !!!

I rented FAP Turbo 3 for a month, but I stopped my EA after almost 3 weeks. I used a small account (around 300 Euro) and after those weeks I lost around 99 Euro which is not good at all. I wrote them and they said they would adjust the parameters next month... but I didn't want to risk another month and pay for it again.
Flipping a coin is probably a lot better than paying for their EA.

When I was stupid enough to sign up to the FAPTurbo experience, I used a unique email address for the outfit.

I now know how to get an enlargement of my personal equipment, and what pills to take to lose pounds of body weight, as my inbox is now littered with emails sent to that unique address, fapturbo.test.check@mydomain.xxx

FAPTurbo is obviously not making money so they have sold their user database.

It seems that FapTurbo has joined the list of other dodgy gurus and Forex trading "scams" They've flogged their email database! I received three phishing emails today, purporting to be from an American retailer - all addressed to the same unique inbox [fapturbo.xxxxx.xxx@my domain.net] created exclusively for when I was naive enough to believe that a $100 would make me money.
Keep away from them.

i´m running FAPTurbo2 since 6 month on both recommend brokers Tallinex and FX Choice with unchanged parameters and with recommended lot size.
At the beginniung FAPTurbo was using much too big Take profit targets which were never reached and very big stop losses at the same time which were oftenreached. That was leading to very big losses even when the trade was running into profits at first. The Robot often did not reach the profit targets and then markets turned around to end in a final huge loss.

Meanwhile with FAPTurbo Rel 2.2. they reduced both target and stoploss distance and introduced trailing stops loss to avoid loosers that where winners before.

The result is even worse: Now i still get about 50% loosers which reach the stop loss with big losses but on the other side the winners are not as big as the loosers because using trailing stops means often to take wins which are smaller then the original profit target.

So if you have about 50% loosers and the loosers are mostly bigger than the winners, it is clear what results: i lost 10% of my portfolio last week alone with a row of 6 loosers.

I really give Fapturbo2.2 a chance to do things right, always use latest paramet sets and so on, but beside what the team is telling you about great performance which they reached (in Simulation mode) i cannot confirm that The brokers are no excuse for the bad overall performance, because they are the recommended ones.

Summary after 6 month of trading:
Tallinex account: loss of 34%
FX Coice account: loss of 8% (i was winning 20% after some weeks)

FAP Turbo2 will probably never make any serious money, because the lossers are to big compared to the winners. With that ratio you would nead nearly 90% winners, which is simply not realistic on an Meduim Term trading system (NON scalper mode)
BR Robert

Dear FAPT2 users/reviewers here on FPA,

We understand some of you are concerned with the way our FapTurbo2 Premium robots trade. The first thing you must keep in mind is that our FapTurbo robots have always been counter-trend traders, which is why the positions taken by the robot may seem counter-intuitive to you. However, you are not helpless in the matter; we have provided all the possible parameters that you could use to either refine the robot's trading and to filter out bad trades as well. If you are not content with the way our robot chooses trade directions, simply set the ReverseTrading parameter to 1 (which will force the robot to trade WITH the trend instead of against it). Furthermore, you should use the robot's filters such as the FilterMA and TrendFilter to filter out trades that could go bad with a strong intermediate trend.

Many thanks to those who have given positive reviews, your words are encouraging and it inspires us to strive for better results. We are always aiming to improve our robots and their performance. With FAPT2, our goal is to do so on the medium-term level which is different from the scalping approach that we used with the earlier FAPT1 (when brokers' spreads were much more conducive to scalping back in the day than they are now)

If you have any technical issues or concerns, please feel free to email our support team at premium (at) fapturbo2.com . We do respond to emails usually within 24 hours, and upto 48 hours (over weekends), so please do keep this mind and be patient with us, we will get back to you asap!

I have been running FapTurbo 2 with the recommended Broker since its release. Running with the recommended settings. It has been nothing but a looser! Started with an account of $1500, now down to $611. Has never been in the Black. A worthless piece of junk!

2014-01-02 2Star I have been running FT2, on a real account, since it has been released. You have to use it on one of the sites they recommend, not made very clear until you buy it.

So far it is a very mixed bag. Win ratio about 50%. Running with EURUSD, GBPCHF, and BTC. Does not work very well with BTC, seems to place orders just at the wrong time. Right now after one months running my account is a break even, I will add to this review as things progress.

I had FT 1 running on InvesttechFX which turned out to be a fraud company as the emails for withdrawal went unanswered, but with their low spreads and closing out early I made over $10K on $1.5K deposit in 3 months. After the drop in market activity FT made no profit at all. FT2 has made no profit at all. This high level marketing they do seems to be grossly over exageratedin its description.

Warning for everyone. Please do not buy fapturbo 2.0/2.1 you will not make money. You will only lose your money. Do not waste your time.

FAP Turbo 2
Purchased through clickbank having considered buying some years ago and thinking as its been around for so long it may be worth giving ver 2 go. The software never came close to producing a profit loosing £6 over 2 months. After contacting them I was told to wait for a modified version which turned out to be a Bit Coin mod which needed an account deposit of about $2000 to make it work. Seemingly the guys at FAP Turbo are spending most of their time emailing their customer base trying to earn money through affiliate marking to other Forex Based suppliers. Don't waste your time and money like most of the others it does not work and I have the statements to prove it.

Disappointed to see Fapturbo2v Premium has miserably failed 4 consecutive months since launch Dec.3rd week 2013.
They say would reply in 24-48 hrs in their FAQ section, but when you write to them on urgent setting issues, auto-reply say would reply in 24-72 hrs. Lacking sincerity, but they need to rework both indicators and strategy, if it has to deliver. I do not know what went wrong in this version, earlier scalper is believed to be successful. I wish them a better succes in their revised version, if any one comes out...

I had tried on demo to see the settings. Not doing well, even on real ac after 3 1/2 months, even they changed the settings, against my apprehension with 0.05 lot size on 7 currency pairs, dangerous. Still not generated anything to mention.I wish they undertake some better homework to improve it and keep their name clean. Trust they will not be sued by disappointed clients, I wish them all success for a revised version.

I have Purchased FAPTurbo2 believing their great, promises. After 3 months on a VPS, it is disturbingly disappointing and even the team has done some settings on my account with 0.05 lot which I cautioned and requested to use Money Management True, but they mailed me, do not change setting and promised me if you are unsatisfied, go for a refund, After that letter, I am seeing stupid trades by the Robot and I have lost my precious 3 months waiting and $54pm loss only for VPS.
This time Fapturbo team has not done their home-work, did it well for an over-hyped promo video , that is it. Unless they overhaul the system, indicator and the strategy, people will not take them for granted.

old version of fapturbo1 did not work so well for me and i requested refund!

however new fapturbo2 version is completely different . I am using MTS fapturbo 2 premium and BTC premium 1.1 on live Myfxchoice 3000 account. so far so good. with the last update this thing finally started taking right trades.

i think they completely reword old non working algorithm into something new here, hope it continues for 2014.

last update addresed the 610 build as well.

Fapturbo 2 performance was ok. for me better on myfxchoice than on tallinex. spreads are better and i am having more trades
Not all pairs are good!

Most profitable pairs folowing:

BITCOIN, EURUSD or GBPUSD, USDCAD, GBPCHF or USDCHF + EURGBP since it has been doing well recently

Hi i have run Fapturbo2 for a couple weeks starting with USD500 real account with FXChoice, yes you can only use the EA on one of their 2 recommended brokers and knowing this fact after you have purchased it.
However, my bitcoin and Fx results are way different than the results posted on Fapturbo site. I understand it may be due to different spreads (though we are all using FXChoice???), but what i wonder is that the results on Fapturbo2 site tends to get away from huge market fluctuation while mine just stupidly get into losses from the same fluctuation. The Site claim to have 90% winning percentage but mine is stuck with not even 50% (I use default setting). My balance is now USD340 (about USD100 suffered by the loss of bitcoin and USD40 from other 8 pairs stated in Fapturbo2). I am very curious about the results of others.

Hahah, FapTurbo.. Hoping that they allow me to reactivate my live account because when u buy fapturbo they give you two brokers they Recommend and the one I chose was FxChoice(their top pick) and after a few backtests to find out what the settings do(no explaination anywhere) i was atleast familiar with settings so I went live with 100 bucks(they want u to do this to give u fapt premium-why is there more than One ea?) so i get the live account going and after two weeks trading with default settings(their reduktor setting on 40 and not 10) i see commissions and swap fees from FxChoice is more than profit and I have lost 2% of my account.
So I then know what I have to do and thats to research brokers because every trade the fapturbo is making is scalping for little profits that are eaten up by the brokers commissions and swap fees.
Then i get an email that Fapturbo2 is coming out and I watch the video and they bash the product that I just paid for with how many people bought it and how its gotten a bad effect going for it but that it should still work but fapturbo2 is where the action is at.
So Yea, I decided to try a non ecn account with no commissions with FxChoice and the spread is just a little bit higher(like 1.9 compared to 2.9) but what else choice do I have?
Fapturbo just simply doesnt give u confidence in replying to your emails.
Fapturbo forums are dead as of 2009 and 2010, What happened to all the people?
I've emailed fapturbo to see what im doing and to tell me how to get performance but I think this company isn't taking care of their ability to give its customers quality service.

I HAVE HAD A HORRIBLE EXPERIENCE WITH FAPTURBO EMPLOYEES.

They dont even think for a second before drafting an email, all the guys, Alex, Jacob are very very rude with the customers.

I'm not sure what gives them the right to be rude... they forget that they are in business because we purchased it.

Please find the email thread with fapturbo guys:

ISSUE : I have asked them to change my live account no associated with the EA and they refused it saying they have changed it too many times.

They lost temper much faster than me and was rude all the time.

Their terms and conditions in the PDF says i can change live no any time but still they refused to change it.

----------------------------------
we will not allow any more changes on your FapTurbo license. You have already sent us multiple requests for the same before. If you wish to activate FapTurbo on your new account#, please purchase a new FapTurbo license!

***
You never mentioned this.. the fxopen account which I have recently changed has issues im unable to deposit money due to restrictions by my bank...

So I have to go back to same broker...why did 'nt mention this before.... im not gaining anything here by changing brokers

I have already deposited money in new account with lot if transaction costs and currency conversion fee...

I will be forced to escalate this if it cannot be changed... you should always inform such conditions or told me atleast last time I asked you to change it

Please forward this to your ops manager...meanwhile I will write to steve

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do NOT make any veiled threats about having to escalate this issue to our superiors; they will tell you EXACTLY the same thing that we informed you! Since April, you have made SEVERAL requests for change in your live account# and that is something we will NOT encourage any further, is that clear?! Our response to you remains the same: you will have to purchase a new license, there will be NO compromise on this matter!

-------------------------------------------------------

so for you me escalating to your supervisor is a threat to you...?

you did not answer my question, since when did you decide not to
change live account number and since when is it considered i have
changed too many accounts... if there is a limit in changing in
number of live accounts why is that you have not informed your
customers about this limit ? i dont work in fap company so please dont
expect me to know all of this.

I would have always limited myself changing live accounts if i had
know that there are such limits exists...why is that you suddenly come
u with such conditions... i changed so many live accounts because i do
live testing with brokers, i do not demo it, coz demo varies greatly
with live.

Now, the issue is not just changing account no, whoso ever you are the
way you are reacting and responding is not acceptable in the customer
service industry anywhere...

This is not the first time, but you seem to loose your temper must
faster than the customer, capitalizing the words, giving it blunt to
the customers etc ..you forget that the job your required to do does
require patience and a specific set of skills which you do not have
it..

Just because you are working in a company which has great product does
not give you a right to react this way with your customers..

i 'm taking the pain contacting your supervisors myself and rest in
peace..please do not get stressed to respond to this, i dont need a
reply , chillax.

-----------------------------------------------------------------------------------

As we had informed you earlier, you are already aware of our requirements and rules regarding a SINGLE Live account# per License, and it is also mentioned on our Members Area. You should've checked with FxOpen first about being able to fund your account before you asked us to update your license. No more account changes will be entertained to your current license! You are also not eligible for a refund. You may purchase a new license from our Members Area at a slightly discounted rate and then add a new live account# if you wish. Thank you!

---------------------------------------------------------------------------------

Hello Alex,

Would you please take a look at the screen shot attached in this email.

Its the screen shot of the lines from the fapturbo 57 PDF guide.

As per the lines in that i can always change the broker by proving proof...

Infact you did change the broker like 10 times now and all the time
you approved my change of account number.. then why all of a sudden
you are denying it ? even though if you have mentioned somewhere in
the web that account is tied to only account and stuff you changed
accounts all the time ...if you have told me that you are doing it
only on exception basis or something i would have understood.... All
this time im demo testing live accounts, yes, i dont do demo , i
directly deposit small amounts and test it on live....

IF the PDF has lines saying it cannot be changed or atleast if you had
told me somthing about it i would have always restricted myself
opening new accounts and stuff around only with one account....

I also request you to update the PDF with your clear terms so that
other customers wont be effected by such misguidance.

Please understand , im not trying to use EA on two accounts , im sure
at any point of time works only on one live account .... I did not
know till not that there are bank restrictions for specific brokers...
it is so surprising to me.

considering the fact that , i followed the info given in you own PDF
that broker can be changed , please change my account no...

----------------------------------------------------------------------------------------+

This is not Alex. My name is Jacob and i am part of the FapTurbo Support Team. We do not encourage several multiple changes in Live Account numbers on our Customer's Licenses. We have already informed you before and our response remains the same. For now, send us the proofs of closure as required and we will forward your case to the higher management for consideration. This is the last time we will tolerate any further requests on your current license.

-----------------------------------------------------------------------------------------

We have not received a response from our management regarding your case yet. When we do, we shall reply to you. Until then, please wait or you can purchase a new license.

-------------------------------------------------------------------------------------------

do NOT accuse us of 'misguiding' our members, especially when it comes to customers such as yourself who attempt to abuse our system and generosity. We gave you sufficient warning the last time that we would not entertain any more changes on your FapTurbo license. We have not received any favourable response from our management regarding your request; so you may consider unapproved. Nevertheless, I shall update your license one LAST time, provided you agree not to send us any more requests of this kind from now on. If you want to trade on any other live account, you WILL have to purchase a new license irrespective. There will be NO further compromises when it comes to your account. And be very careful with your choice of words.. if you wish to expedite this request of yours, dont point your finger anymore at us. Is that understood?
---------------------------

Absolute rubbish claims !!!

They make ridiculous commission by getting you to sign up as premium members and you end up making nothing.

Don't go even close to these c*** bots ...

I traded FAP Revolution GBPUSD using VPS live with $3,000 in April 2013. On May 30 I was up $2,850. 95%. By June 6, 2013 was I down -$5,803.14.
My account is now $67.15. I have emailed Support, no reply as of June 12, 2013.

Never buy FAP Turbo. I tried it with several demo accounts and it finished them all. When I asked them about their performance result and the result from peaceforex; they never reply me. And they sell my email to other people, so I received thousand spams from them and from third party. They're suck

It has been 2 days since I purchased this EA. I'm using my demo account to observe it's performance and results. My profit up to now is $318. (Keep in mind that this is a $50,000 practice account. Profit may vary depending on the amount that you deposit).

You need to do exactly what they tell you to do. The most important thing is choosing the right broker. They ask their users to use MyFXChoice. I am going to test this for 7 more trading days. If it still turns profit, I am gonna go ahead and start trading with real money.

Good luck,

If you'd like your emailbox to fill with spam, sign up with FapTurbo!

The address I used, when I made the mistake of giving them money, was unique to Fapturbo...

******************************

Hello fapturbo.clickbank.net@........, updated prices

--> Propecia - 0.35$
--> Levitra - 1.91$
--> Ciails - 1.73$
--> Viarga - 0.67$

We ship worldwide! 1-3 days delivery!

We accept: USD, EUR,CAD,GBP,CHF,AUD,JPY,BRL,MXN,NZD

******************************
also... FapTurbo doesn't work.

I purchased FapTurbo in its first days and I was told by Fap's to pay for a space on a server, believe it was called VPS if I am not wrong...
That was in order to keep the account ran the VPS 24/5..
I gave up the whole thing after complaining to these people after lost a bit of money. The FapTurbo had hardly made any money at all for me but losses and VPS server kept stalling... Quit in the end after writing to them many time for no response...
I can see that it is still alive but really wondering if it is worth the bother now or NOT!!!

FAPTurbo does not work at all. I have read and understood its manuals, FAQ, videos, and forums, and then I asked for support via emails but no answer. They lie about support the promised. They did not return my money. They are bad experience.

Notes:
- I purchased Fapturbo with Paypal and ran Fapturbo on TadawulFx account (GBP/USD) on November 23, 2012.

- Get error message [Invalid Real Money Account] [Trades are not available]

- Sent email to Fapturbo support several times, no answer at all but the always sent ads like Fapwinner, RapidWinners, 100percentwinners, et cetera.

Conclusion: I can never see Fapturbo run, never use the application. Money for nothing.

I downloaded Fapt v56 about a month ago using Iamfx.com as a broker. At first, it performed well on the demo account, according to the settings recommended by the people at Fapt, but later in the month, it had large losses of $150.00 approx. each . When I first purchased it a few years ago, it was at v.22. One would think that, after a few years, that they would have the bugs worked out. Evidently not.
I used this on a demo account and am only ahead about $100 for the month. I'd never use Fapt on a live account.

Fairly new to the forex game, did some research on some robots and found CrapTurbo...I mean FAP Turbo! used it on a live account on about $1000 and am already down almost $300! Not sure where they are getting the double your money garbage, because it aint working! I'm planning on giving it another month and if it doesn't work then I'm going to stop using it. The only positive I can take out of this is, that all this is a good learning experience!

I use Fap for 1month and i never lose a trade.I trade only Gbp-Usd and each time he win!Fap trade 1-3 time per day.I use the expert guide setting.His ea very stable EA.

FAP Turbo is a useless robots. It does give you a few winning trades as promised but when price moves against you then you hav serious problems. It just diminishes all those profits gained.
The Flash and Ichimoku variants are just a marketing strategy to hype their scam system.
With so many negative comments. I wonder if any of you have real results with the Trade Reverse set to true. I'm going to try this now for a week just before going for a refund.

This product is rubbish. Support is non existent. Don't waste your money

2011-10-072StarTerrible ea. No wonder MT4 brokers offer fapturbo for free. They know they're gonna take your money

In reply to the last negative posters:

1. Fapturbo is not out of business. We are one of the rare vendors who really support their product and released over 50 updates since release 2 years ago. We also reply all support tickets on a timely basis.

2. Fapturbo is not offered for free by any MT4 broker. We have Fapturbo preinstalled on Iamfx.com VPS but only for those who have a legal license

3. Fapturbo works. You can post any crap that it is "terrible" but let the numbers talk for themselves. Here is the latest LIVE verified test by MyFxBook:
http://www.myfxbook.com/members/FAPTURBO/fapturbo54/161062
It has some drawdowns but in a long term the EA is proven and profitable.

hi,

I bought this product back in june, after testing it fortunately only on demo accounts which of course were completely wiped out, I requested the refund of what I paid as I was within the 60 days "risk-free" timeframe, after writing several e-mails I was never contacted back by them, as a result I was never refunded.

In addition, they promote scam brokers like IamFX, FXCM and FXCBS.

be careful.

regards,

Very disappointed with FAP Turbo. I could never get the EA to take a trade. After being proactive and sending screen shots of the settings, journals, and experts pages, they suggested a back test. A back test took no trades either. Evidently, I offended them because I complained about the time between emails as well as their back test explanation. I was told if I really wanted FAP Turbo to work, that I should should take it upon myself to find a way to make it work. Gee, I wonder if they pull their own teeth too?

I think FapTurbo is out of business. They never respond to "support" emails and the phone numbers listed in the members area only ring busy.
No trades for several days. Small pip winners 3 - 5, then large pip losers 40+.

Very happy with Fapturbo. After reading the forum posts I knew not to change any of the settings and is going well.

For those who aren't sure about spending the money, MT4-brokers offers Fapturbo and other EA's for free.

I tried to use very large Lot Risk Reductor like 50%. Right now my balance is around $6500 (demo). But I am unable to have lot sizes similar to those of Fapturbo's chart with deposit of $5100 (2-4 when their balance was only around $6200). I can have lot sizes of only 1-2. My leverage is 1:100. My broker is also FXCBS. I suspect that FXCBS allows Fapturbo to have a leverage of 1:200 or more, even though FXCBS denies it. There is just no way to have such large lot sizes with such a small balance and a leverage of only 1:100!!

2011-05-01 4StarI purchased Fapturbo long ago, and their most updated version looks very promising. But there is one issue that is quite suspicious. See the email exchange between myself and FXCBS below:

Dear Mr. Thomas,

Please note that the following account that is put on the website of Fapturbo is not a live account.

Thanks,

Best Regards,

FXCBS Customer Care
support@fxcbs.com
FXCBS|Fienex Group

This electronic communication and its contents are intended for the recipient only and may contain confidential, non-public and/or privileged information. If you have received this electronic communication in error, please advise the sender immediately, and delete it from your system (if permitted by law).

Disclaimer: Foreign Exchange is a leveraged product and carries a high degree of risk to your capital and can result in losses that exceed your initial deposit Forex may not be suitable for all investors, so please ensure that you fully understand the risks involved. Only speculate with money you can afford to lose.
Original Message
----------------
Subject: Strange lot sizes
From: t.cheng3@verizon.net
To: "FXCBS Information Desk"
Date: 2011-04-30 19:31:45

I am enclosing a portion of the trading chart from the Fapturbo website below. They refused to answer my question related to this issue, so I hope that you can answer my question instead.

5621655 2011.01.11 23:26 buy 3.60 eurusd 1.29689 1.28180 1.30270 2011.01.12 01:00 1.29733 -28.80 0.00 -5.40 158.40
5622186 2011.01.11 23:30 buy 2.80 gbpusd 1.56050 1.54390 1.56500 2011.01.11 23:48 1.56129 -22.40 0.00 0.00 221.20
5622860 2011.01.11 23:34 buy 2.60 gbpchf 1.51921 1.50370 1.52440 2011.01.11 23:43 1.52023 -21.42 0.00 0.00 272.34
5623688 2011.01.11 23:56 buy 2.60 gbpchf 1.51901 1.50240 1.52300 2011.01.12 01:03 1.52012 -21.22 0.00 1.87 296.34
5623392 2011.01.11 23:56 buy 2.70 gbpusd 1.56058 1.54390 1.56510 2011.01.12 01:22 1.56119 -21.60 0.00 -2.43 164.70
5624175 2011.01.12 00:23 sell 2.90 eurchf 1.26327 1.27850 1.25850 2011.01.12 12:45 1.26304 -23.90 0.00 0.00 68.58

At this particular time, the balance of the account was only around $6200. If you look at the EURCHF trade that started at 1.12 00:23, you will note that there were 3 other opened trades at this time, namely the EURUSD, GBPCHF and the GBPUSD trades. Altogether, the total lot size for these 4 trades is 11.8! Even if I assume the standard 1 lot = $100,000, and a leverage of 1:100 (what you allow), the required margin is already $11,800! The actual number must be higher, since 1 lot=$100,000 is true for only the EURUSD pair. From the above argument, it is obvious that you must have allowed a leverage of 1:200 or more for Fapturbo, which is not available for the general public.

PLEASE RESPOND ASAP.

Thomas [End of quote]

Is Fapturbo hiding something?

I bought FAPTurbo the first day it was released. i thought it was a "not bad" EA but not good enough to use with real money because of the huge stoploss ( for early versions ).. and since then I was testing it and updating. even purchased fapturbo expert guide! .. anyways, the lat update - V 52 - is in my opinion, what they should have released from the start. it's the best yet and my results - demo - are more than amazing. however, I must note here that whatever you are doing with this robot, stay away from the long term strategy. I have no idea why they are not updating it or improving it. and why they even including it in the robot. it's like a death trap for any account. in my opinion, they are really doing great job with the updates for the scalper system. and with the last V52 you can trade safely and make really good money. and if you are experienced with robots then Fapturbo would be your personal Gold mine. I recommend that you play with the settings on backtest and forwad test with all pairs. until you get the best results possible. then move to a small live account. if you are not experienced with robots then just use the default settings for V52 with all pairs. again, stay away from the long term strategy! or just use it on demo if you have to. thanks and good luck

I purchased FapTurbo in 2010 affter reading some good reviews so I thought. My first was the Fapturbo 50, which didn't work bad, but I thought maybe it was my settings. I purchased Rob Casey;s guide thinking it would help. Seems like his information is better at selling than actual instructions. Now he is pushing the Rover North system. Now I'm a life time member to two programs that to me turned out to be a waste of time and money. I updated to Fap 51 and adjusted settings like Casey said, not too much profit in the demo's.and not much improvement. Fap 51 is a dog. Small profits and wipe out lost. Sorry I can't find someone who can really fix the settings to follow some of the trends I see Fap just sit and watch.
Could write a small book.

billmon77

Just want to post an update to my previous comments about version 52 from two months ago.
This version continues to perform well for me. I have had a couple large losses, though. I've noticed that these are trades that start late in the time window in which Fapturbo trades. Then they hang on for hours, eventually closing with a big loss. My thoughts on this are that if there are any open trades two or three hours after Fapturbo stops trading for the day, just close them and take the loss because it usually just gets worse. I have also shortened the trading time by 1 hour. If this strategy works at preventing the big losses, I may consider using this on a live account. I will post again if the shortened trading time works for me

2010-12-08 No Rating I bought this EA when it first came out, and have used different versions off and on with different demo accounts over the past two years. My experience has been the same as most of the other reviewers, with lots of small wins that get wiped out by one or two big losses.
Last week I downloaded the new version 52 and set it up on an account with FXCBS, using the settings given for the example accounts shown on their website, which have slightly different stop loss and take profit settings from the defaults on most of the pairs. New for this version is the addition of the EUR/USD on the scalper. So far so good. Lots of small wins and a few small losses. Account is up about 5% for the week. Could it be that they have finally got it right? We'll see...


2008-12-11 No Rating This is my second posting on this product. I have been using it on demo for a couple of weeks. Here are some results. I had one account running both strategies, and one just running the scalper.

My results with the long term strategy were disastrous. I was admittedly risking far greater than I would have with real money. 5 open trades (4 sell 1 buy) of one lot each on a $10,000 account. They all hit their stop loss, leaving about $2500 in the account. I would say to use this with extreme caution, if at all.

The scalper strategy, on the other hand, is quite impressive. My results from Dec. 1st thru 11th are:
56 trades of which 53 were positive.
1 lost 4 pips
2 broke even
for a net profit of 426 pips.
With results like this, if you had a $10,000 account and traded 1 lot minimum, you could conceivably double your account size in a month's time.

2008-11-26 No Rating I purchased this product today, and set it up on a demo account. I figured I have nothing to lose since Clickbank is so great about giving refunds if you don't like a product.
I noticed the same things as the previous posters did on the sales page. Not sure what to think about that
I must say I am impressed with the support documentation and video tutorials that you get. If you are new to forex, these will help you understand the basics, and get set up easily.
How does it work? Well before I even had all the pairs set up, it had completed a trade for +10 pips and entered two more trades.
The affiliate I bought through is sending out updates of his results. Today was his first day using it, and it did 7 positive trade and one negative for a total of +37 pips for him.
I'm not rating this yet, as I have tried other robot traders before including the original FAP. They would do well at first, but the have disastrous results when things would go against you. It appears that the guys who made this program have tried to put some protection in against big drawdowns etc. Well see. I will update and give a rating after using it for a while

Fapturbo will never work like what you think ever, The big main reason is that it trys to scalp EURGBP, EURCHF and other European pairs during the period when the european sessions are closed, Its quite convinient for westerner in North/South american continents as its daytime..

It trys to scalp 5-10pips with 100's of pip in invisible stoploss. What happens is it wont accept a loss, mainly due to it needs to show 100% statistics.

So when it runs into a loss and it goes on and on into the European session, if luckily european session goes into the EA direction you might profit after the long wait... But if european continues to go against the EA trade's direction ,, that trade will never return into profit and hence go into loss till it hits the 100 or 100's of pip stoploss. Wiping out alll the 100's of 5-10pip scalp winners it made all those days.

I dont like a EA that says it scalps and wont use a small stoploss.

Better to have 70% winners rather than 100% but with a small 20-30 stoploss so we dont lose days of time and hundreds of winners to a few bad days...

I also bought FAP Turbo (the newest version v52 I think) and I bought the Expert Guide. I have it setup on live acc and so far it is doing good for me. My acc is only small so I use it more for testing. And I pay less than $77 for BOTH :) :) :). I only pay $29 for EA so if it doesn't work it won't be to big loss

I purchased FAP Turbo in Summer of '10 based on the amount of praise this 'bot had heaped on it. My experience with it has been that it accumulates numerous small and medium profits only to have these wiped out by one or two big loses. It seemed that everyone was making money with this product but me. I subscribed to ExpertGuide for $77 and used their settings, to no avail. FAO Turbo has wiped out 2 accounts for me and I no longer use it. I'm investigating other robots, but doing a more thorough job.