Cgnu Fellowship Blog

News and Announcements from Cgnufellowship.org

Cgnu Fellowship Blog header image 2

Is The Latest Forex Trading Software “FAP Turbo” A Scam?

November 27th, 2008 · No Comments · Internet Marketing News

Is the latest Forex Auto Pilot “FAP Turbo” A Scam? I take a look at it’s claims and deliverable proof.

Is FAP Turbo the Best Forex Trading Robot out there? or is it just another means of putting huge holes in you pockets. I personally use the Meta Trader platform in conjunction with various Expert Advisors (EAs) and wondered if this was just a re-hash of and old script.

The ultimate goal of FAP Turbo forex software is to provide a tried and tested method for ordinary people who want to trade the global forex market without having to understand all the charting / technicalities of the market. The robot operates automatically, the user just needs to have their computer turned on.

The designed is such that the trader need no previous knowledge of forex trading – a simple installation process is all that is required. The 3 “nerd” programmers have made FAP Turbo forex trading software really easy to setup just a simple file download is required – then the host trading platform Meta Trader (provides by several brokers) takes over the trading activities.

Seems simple heh, you just leave your PC switched on and the robot software, in conjunction makes you a boatload of cash!

BUT HOLD on! there are several trading robots available for sale on the internet and depending on the configuration of these trading robots it is VERY easy to lose a lot of money too!

FAP Turbo is different, it shows the forward live trading. This is conclusive evidence as the accuracy can be proved by the software’s back test report.

Programmed by 3 IT geeks, Ulrich Mike and Steve, they took Marcus B. Leary’s original forex software FAP (Forex Auto-Pilot) coding and totally re-engineered it to create a much more stable solution with a built-in anti loss mechanism – a unique feature when compared to legacy forex trading software robots.

The new self contained rules have been fully tested using back test data to ensure profitability over a given time period. Further proof is demonstrated by the geeks by testing forward live trading.

Take a look at their cash multiplication report:

* 838% in just one month

* 268% profit in just 32 Days

* 329% profit in 90 Days

With Meta Trader you can open a demo account with dummy cash (eg $5000 or $10,000) in order to test you various robot’s performance, but with FAP, the above figures were obtained using a LIVE account with REAL money, they have certainly put their money where their mouths are.

YES! this is live data you can check out the live trading account statement – results are displayed on-screen and are refreshed every 15 minutes;
see the FAP Turbo Auto Forex Trading Software Videos at:http://www.moneymakingwebsites.co.uk/recommends/Forex_robot.html)
This will show video evidence of both back testing and live trading.

But always remember regardless of a robot’s previous success there is no guarantee of future success and bearing this in mind ALWAYS use a good money management strategy, this is essential to ensure that you “live to fight another day” and no blow all your hard earner cash.

A clever addition is the “stealth” option that can be switched on or off, it hides all your “stop losses” and “take profits” form the broker so that they will never know when you plan to enter or exit a trade thereby ruling out any underhand tactics used by cheating brokers. FAP can also fake the actual stops and TP values visible to the broker – a cool safety valve heh?

To conclude, this is the only robot I know of trading real-time REAL money so therefore is the the best forex trading robot, how many other trading robot vendors are willing to show you their bank balance, you might see some fake Photoshop’d screen shots – but how many live?

If you want to get this forex auto trading robot you will need to get in quickly before the price increases or the 3 nerds actually realize the true value of this software and start charging an on-going membership fee. In fact when I logged into the member’s area last night, this is exactly what they were proposing.

Happy trading!

www.moneymakingwebsites.co.uk/recommends/Forex_robot.html

UPDATE: Since writing this article yesterday 26 Nov 2008 the robot had made $370 with 8 winning trades out of 9 OVERNIGHT!, verifiable by viewing the on-line results. With a 60 day money-back guarantee I’ve got nothing to lose, I’m off to put it to the test on my own account and I will let you know how I do. Watch out for my follow up article with my own results to prove this thing once for all.

For more money making ideas and work from home opportunities, visit www.moneymakingwebsites.co.uk

Tags:

No Comments so far ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment