Do you Need More Information on the forex software package you saw at fapturbo also called fap turbo Software? Well you have just located the Official Evaluation thread that there subscribers and members are using to leave there testimonials for fapturbo.com. Investors Like you and other online traders are using this forum for research, and evaluating potential reviews and comments about Performance and trading profitability and similar related questions that only real fap turbo
Official web site which contains more forex system related information. www.fapturbo.com

Just for cautions I owned the autopilot EA with same company as fapturbo. I put in $1500 that thing was gone in matter of a week after few good trade. No refund after screen shot send and never pick up the phone. I just what you guy to wait and not rush to buy what might be a highly scam. Get some more review form real people. Google review seem like they are way too positive about it, watch out review might be from scammed them self. just my 2 cent. Hey, just bought it yesterday. using a demo account in Alpari UK.
I downloaded the history of EURGBP and ran the EA in the strategy tester. Using scalper and setting my max risk to 10% from November 2007 until now my $1000 pot became $110000. So i dont have any live data but a test run over the live data looks good. Interestingly I then ran from Nov. 2006 until now and it reached $124K. There was a big loss july 2007.

I purchased a copy of this EA on 25th of November and ran it on a small mini account with less than $250 account from IBFX.. this crap does not work , m account is almost gone. i left a negative review on another site and the moderators is a scammer he changed my words to make it seemed like i made a lot of money when i did not make ANY PROFITS!

FAP Turbo development has decided to limit all demo and real accounts. 1 demo and 1 live account per license, no transfers.

If you already set this up on a trial account, like I have, you are stuck there.

There has been no word of this from the development or marketing departments. It was not mentioned in the original sales agreement. This has all been done behind our backs and raises some exteme questions about the integrity of this company!!!

I first heard about this on the FPA forum link directly above these reviews, and followed it back to the FAPS Forum where it originated. This seems to be accurate as I (and others) have been having trouble activating it on my new demo account, and was about to write to the company.

So far I have had very bad results with the FAP Scalper and poor results with the FAP Turbo EUR/USD trader. I think there is potential here but only time will tell.

I bought the EA the first day it was on sale. I demo'd for 2 weeks, then went live with 500$ acct. Demo acct was very good, live is going well too, but it's still way to early to draw any strong conclusion.

What I realy need to let everyone know is some of the schenanegins that are going on right now for those who bought the EA.

When we first purchased, we were not told that we had any restrictions on how we opened an account or how we used the EA, now we are being told that we can only use it on one account... actualy, not even just use on one account, but have it activated for one account. If we switch brokers or accounts or change from mini to standard (thus changing our acct #) we have to purchase a NEW license from them at the current cost (which has gone up 50% from when I purchased 2 weeks ago), which is being threatened to turn into a monthly billing model. We were told none of this when we purchased, and are being forced into this now. Also, you should know, that the EA needs to be redownloaded every month, because it stops working every month, so you have to follow their rules or you won't be able to keep using the EA - in other words, if they change their mind and say it's now monthly, you either have to pay, or stop using the EA because your copy will terminate within a month.

People are now buying extra licenses for future use because they are afraid of price hikes. They are scaring custumers who already bought the EA to repurchase the EA "just in case". This seems very shady to me, and had I known this before I bought, I would have simply STAYED AWAY from this thing.

Also, you should know, there are two strategies that come with the EA using differnt currencies and risk profiles, which, in my opinion, should be traded on 2 different accounts for optimal use - but now we're being told that we can only have one account, which means you only get to use half of your EA on one purchase. You need to buy it twice to use the whole EA package. Pretty silly.

All of this in the first two weeks, before anyone can actually judge how this thing works in live trading.

I bought this pretty early on. Running it on their "recommended broker" ForexMeta I think was a mistake. Scalping was mediocre, at best, and long term is a bit volatile. This is on default settings. I compared my results to their "live acount" and couldn't match them up.

When I wrote to them to query this, I eventually got a response that they use very high lot sizes and don't recommend them. Then why use that to demonstrate your product?? Also, they noted that broker spreads can really affect trading - even if it's 1 pip above 'recommended'. Well, Forex Meta is above those specifications.

Lastly, I ran backtesting on the pairs and couldn't replicate the smooth equity curves they demonstrate in their ads. When I queried that, I was told it could be 'timing differences" for GMT. So, I shortened it over a period I know hasn't changed and it was still eradic in comparison to their advertisements. The long term backtest made an obscene growth in equity, but it's drawdown (even in backtesting) was phenomenally high -- hardly the 'safe' trading they infer.

I was really hoping for much better than it's demonstrated so far given the hype, but I'm disappointed and the VERY suspicious. Be careful. And test this quite a bit longer as short term gains are irrelevant vs. the ability to risk manage your capital.

What a joke fapturbo have turned out to be, why should this ea get preferential treatment in not being allowed to post any ratings when all other systems dont get the same opportunity? Anyone can see who has an ounce of intellignece that this ea is a complete joke and is just being made big by the companies huge list and jvs. felix the scammer who runs forex peace army is behind this scam!

Im starting to agree with the poster who said felx may have a stake in this in some way why else would you not be able to leave a rating?

Im dont know why im even writing this becasue im sure it will be cencored or not even posted!!

Had several emails from the usual crowd of system sellers, "Mark McRae," "Adam Burgoyne", "John Burroughs" and "Dean Saunders" (I think they may all be the same person as they normally email within 15 minutes of each other and always about the same products, hmmm). Anyway I decided to have a punt while the EA was $95...

This "system" is a joke - it runs a take profit of 140 pips with stops of 500! 5 losing trades in a row and I'm down $500 real money. Even the scalper uses ridiculous R/R (see above) and often exits at break even. It has pretty obviously been curve fitted to give a high "win" % - despite a "win" being 14 pips on the scalper (stop is 140 so 0.1:1 R/R (!))

AVOID this EA as a monkey could trade better. Utterly woeful risk management - when you hit a losing streak you will lose BIG. You have been warned!

I've been interested to see that the FAP TURBO team (from Germany) has been responding to comments posted here, so I have a few additional comments for those of you reading these reviews as you try to decide whether or not to purchase and then a few comments for the TURBO team.

There are two "strategies" - a scalper (takes small profits) and a "long term" approach which has bigger potential profits because it expects 140 pips before taking profit. I have discarded the "long term strategy" and am only using the scalper on a live account. So far, I have 40 good trades, multiple small losses (0.00 or -0.50 which is GOOD, it means that there is an underlying strategy for managing risk) and one big loss last night which wiped out 2 days of small wins.

If you expect ANY robot to be all wins, you don't understand the market. FOREX WILL EAT YOU ALIVE if you don't know what you are doing or as soon as you get greedy. So, I agree with a previous comment that the R/R (risk vs reward) strategy on the scalper seems to work but it has it's issues. There is no perfect system but I am about to recommend this one to some friends, which is saying a lot.

HOWEVER - and this is directed at the TURBO team - after 25 years in senior IT and business positions, I have to tell you that your business practices focused around your customers make it seem as though you are a credit card company out to screw with your customers at will.

Let me explain what I mean:
1. You mention to Ken Long that his comment about restricting the number of accounts to 1 demo and 1 live is incorrect. Weird. I just logged into the member area and sure enough, you now have 2 boxes for account activation. (forex signal reviews folks, how do I post a screen shot?) Screen shots can be uploaded as an attachment with your post. You NEVER at any time told us before we bought that this was going to be your practice. And it makes no sense, especially with the demo accounts. For those of us who know this market, we try a lot of approaches with different account sizes. I personally have NINE demo accounts between 3 brokers. Because I take trading SERIOUSLY.

You MUST undo this restriction.

2. I'm sorry that you are so overloaded with customers that you cannot respond to emails from your customers. But that really isn't the fault of your customers, is it? Why, just this morning I opened my email and found an email from you asking us not to email you because you are swamped. This is shoddy business practice. Frankly, it sucks and indicates that while you thought of a lot of things leading up to your product launch, what you were not thinking about was product support. Shame on you. Your bad. Not ours. Fix this.

3. I personally haven't needed to email you. But I do have a question. Your live accounts that you use to sell the robot are doing very well. But my live account, with somewhat aggressive settings, is doing 9% per week. In other words, using IBFX as well, with BIGGER lot sizes than yours, I am nowhere near doubling my account every month. Now, I was far more realistic than many of your buyers and was sceptical to start as well. Now, I kinda like your scalper. Give us your presets. (For those of you who don't know what a preset is, when you set up a robot you can export or import the settings, which are called presets.)
If TURBO has so much faith in this EA, give us the presets.

If you are confused about how I feel about this robot, here is my synopsis:

Like many traders, I have seen a lot of robots. I actually feel this one is a good one, and if things go on as they are now and I continue to make about 10% per week, i may give this one 4 stars. If you are not willing to share your presets, that's fine. But take down the big, bold language pumping up that kind of possibility. I didn't really expect it. But there are plenty of newbies who will fall for what I think is deceptive advertising.

BUT - this group of people don't have a clue about how to support their customers. Sure, they are in it for the money only. But so are we traders. HOWEVER (gosh, I have used that word twice in this post) when you take money from someone for a product or service, you have an obligation to effectively support those customers.

STOP TELLING US THAT YOU ARE SO BUSY THAT YOU NEED TO RAISE THE PRICE TO LIMIT CUSTOMERS. JUST STOP TAKING MONEY FROM NEW CUSTOMERS UNTIL YOU CAN EFFECTIVELY SUPPORT EXISTING CUSTOMERS WHO NEED YOUR SUPPORT. - this is actually called good business practice.