To use chat, please login.
Back to contacts

Fap Turbo Review Scores


Overall score: 1.9 / 5

Total votes: 121
Profitability
1
Ease of use
1
Pricing
1
Customer service
1
1 - Worst 5 - Best

Fap Turbo Discussion

2 posts
After 6 years trading I understand that when 85,000 (Like FAP Turbo owners) all take trades at the same time the same way more or less... Banks sees 85,000 same trades... What do you think they do... Look at those amazing both ways very long candles that are made to open your pending trades then get all your stop losses... DO NOT use robots.

May i suggest you get a real trader's course such as Forex Mentor, learn how to do it right and pay $1 for a 7 day trial... They are worth the dollar.

I also have discovered long time ago that demo accounts and live accounts at the same broker does noty have the same spreads... Look closely... THIS can make a good difference for day traders.
Trade long terms... You trade less and gain more.

Thanks
18 posts

   sdrobot posted:
   

   axel85 posted:
   I agree its very broker dependent. Choose the right broker! I have 2 MT4 account, Go Markets and IamFX.

  Mak Fang posted:
  

It works very good on Iamfx live,
Run on other brokers?
you will keep lossing trades day by day...

Are you trading just the long term EURUSD &/or the Scalpers?
Regards,
  DougRH
(8 >) Live Long and Prosper (< 8)
Tate
32 posts
I have not had any good experiences from this EA, I have created a demo and I am logging the results on here for others to see.
3 posts

   axel85 posted:
   I agree its very broker dependent. Choose the right broker! I have 2 MT4 account, Go Markets and IamFX.


It works very good on Iamfx live,
Run on other brokers?
you will keep lossing trades day by day...
Damien
3 posts
I don't agree with choosing the right broker, I run this ea with 5 different brokers on demo, all gave profit but different amounts due to the spreds. When I ran it live I lost on all accounts!
23 posts
I agree its very broker dependent. Choose the right broker! I have 2 MT4 account, Go Markets and IamFX.
Always trade with confident!
2 posts
Wow Bayarea - you got $40 on $400 dollar account. That's 10%.

Just illustrates a gripe I have. $ profit or pips mean nothing. % account profit on balance is the only thing that means something when dealing with EAs. Go to www.forexdecoder.com and Mike Swanson will show you that you can make a good profit with even negative pips.

Just loaded up FAP TURBO EAs ON Jan 18, 2012.
Result so far each on $10,000 FXDD demos:
FAP TURBO on trend setting - up 4.7%
FAP TURBO on scalp - down - 15.6% (BTW Swanson's DDSMMauto money manager follower limited this to only a 0.3% loss)
FLASH - UP 13.1% (will go live as soon as DDSMM is working well on this - that will keep me from any big drawdowns)
ICHIMOKU - down o.6% (first trade on 1/26)

These guys do seem to now be actively tweaking this.
For FAP TURBO I use setting from independent advisory : www.fapturboexpertguide.com
FXDD handles both hedging and fifo legally
48 posts

   BayareaCAtrader posted:
   My experince with the Faptubro 5.2 is that it produced just $40 more in profit than losses. I dont know if anybody else experineced this issue?

Wow - you got it to be profitable - you are a very lucky person :)
1 posts
My experince with the Faptubro 5.2 is that it produced just $40 more in profit than losses. I dont know if anybody else experineced this issue?
Benjamin Nathan
59 posts
My experience with Fab (v.52) started great, i.e demos were great, a small $10 acct made great profits (at BIG risk) then it kind of turned around for the worse i.e account was blown in 1 day (only $50)and demo lost 2 months profit in a few days and gradually blew.

So my review would be if you dont mind VERY VERY high DD and large leverage usage and have enough cash to have a large account with smaller risk, give it a go... but small traders, i.e $1000 accounts, avoid this
2 posts
Have FAP TURBO 54 running on FXDD demo . trending eurusd up 2.5% , scalping 7.3% and FLASH 7.3%. Long way to go but not bad so far since first trade was on 1/18. Ichimoku just started. FAP T is running on Fap Turbo Expert Guide settings, Others on recommended. We shall see in 60 days.
34 posts
Currently I'm using ibfx. I should make a correction. the daily % rate is with the 2 robots Fap provides. With this robot I focus more on money management as opposed to profit. I does profit but we all know if we get greedy.... well the account goes bust. Cam to be honest I see why Fap is not necessarily working for you. It's the brokers you are using. FXCM is wack because they rig their mt4 against Robots, Iamfx spreads are way too large and go markets, eh, don't know too much about them. try Forex.com and IBFX. I believe on the demo and live that you'll have success. I recommend going with a broker that provides micro lots.


Regards,
#BaseHits Lead to Runs!!!
48 posts
That's great if you are having success Sean
Just be careful is all people here are saying as long term there has not been any 'real' success reported other than the fake reports they had on their sales page.
I haven't logged into the member's area in probably a year but thought at that time it was dead/no activity and there was a number of unanswered messages so assumed that the trio had gone to ground.
Good to hear there is updates - maybe they've got it working now?
What broker are you using?
Cheers
:)
34 posts
Why would they shut it down? Members area is still running. I'm not biased by any means and I understand that some folks have lost money to it, however i've done my research into it and I'm making money. Their team is constantly updating the software. Most companies don't and if they do they usually wanna charge you for it. If it's a time bomb then so be it. But it's not the time bomb you so speak of. I think bad experiences do put a sour taste in ones mouth. I know one EA did. Passive Income Profits did the souring. Man did I lose a lot of money on that one. Lesson learned. Fapturbo on the other hand, with the right broker, has made me money. After I tweaked the settings I've gotten it to produce +1.25% daily- 4 days a week- 20% Monthly.
#BaseHits Lead to Runs!!!
48 posts
Sean - be warned - this EA is a time bomb - it will eventually destroy your account balance.
How is it you have only been trading the last six months - I thought they had shut it down?
I don't think the member's site is active anymore????? I haven't looked in eons.
34 posts
It's funny how everyone is giving mixed reviews on this robot. On my end I've been using fapturbo for about 6 or so months and it's been turning a small profit. I've realized that certain pairs work with certain brokers. Also I stay away from USD/CAD pair. Most of the trades with this pair turned losses in. I use IBFX. It's all about the broker you are using. Also to hedge any losses I had signed up under forex cash rebate site that pays me back a portion of the spread. At the end of the day it's all about strategy and money management. I do agree that their claims are a bit off but if you at the core of it you can see you have plenty of options to play with, especially with Ichimoku. Does anyone have any settings for the Blessing EA?
#BaseHits Lead to Runs!!!
Matthew L. Binns
2 posts
Have tried this on live accounts with FxPro and Alpari UK, unable to make any kind of profit with either. Tried using default settings and settings recomemnded in FAPTurbo forum both won't make a profit

On the other hand the FAPTurbo Ichimoku EA which is included for free is making a profit on my live Alpari UK account, which in turn for me made this a good investment
5 posts

   phoenicis posted:
   https://www.myfxbook.com/portfolio/phoenicis-plan/161537

Started Sep 01, 2011 with newest version of Fapturbo.

It's not good :(

P.S Using VPS all the time.

It's default setting.
Now i refunded(sep 21). i think Fapturbo is poor ea(low TP, Height SL).
I'm Grown as man.
48 posts
chromeie - if you read this forum you would know the answer is that there is no way to make this EA work

If you can't get it to place trades you are lucky as if it does it will just blow up your account given time.
Gary Sharp myfxpt com
345 posts
Try placing it in the rubbish bin!
Please login to comment .