FAP Turbo 2 Forex Robot

Top Automated Forex Trading Robot

Robot trading can be an effective way to trade in the Forex markets, taking your earnings from “profit” to “mass explosion” without very much effort on your part. However, before embarking into the world of automated forex trading, there are a few things you need to know.

What is robot trading?

A robot is basically, a piece of software that installs on your computer and trades automatically for you. Normally, the robots are add-ons to the popular Metatrader softwares, which is provided free by most brokers, and require you to leave your computer running 24/7 to trade effectively. Since the robot analyzes the market constantly, it automatically finds market opportunities and opens trades to seize them. In case a profit will not be made by the trade, it automatically closes it in a small loss, essentially it is the perfect trader as no emotions are involved in a trade, only statistical analysis. The goal is, after a repeated number of trades your account will be in profit, with profitable trades exceeding the value of small mini loses.

Who should use a robot?

A trader that wishes to make a profit as fast as possible. A trader that is willing to let his computer running 24/7, or hire a VPS service (VPS service is a virtual computer where you can install your Metatrader software and the robot and leave them running. The computer is allocated in a remote physical server and the robot will work perfectly there).

Who shouldn’t use a robot?

To be honest, I cannot think of a reason for not using it, except you are strongly unable/unwilling to leave your computer running 24/7, which leads us to the next issue…

Are all robots profitable?

To expect all robots to be profitable would be like expecting all traders in the world to make a 1000% profit per day. It’s just not going to happen. Many traders fail in the Forex market because they fail to follow the required learning process, or fall into the trap of making too many freckin trades! In a world where 90% of traders make a loss, you want to find the best possible tools to improve your odds of succeeding.

This leads us to the review of one of the most effective robots in the Forex market: FAP Turbo 2.

A few years ago, I read several articles and reviews about a robot named FAP Turbo. It had some great reviews but I didn’t really buy into the hype and never ended up signing up with that. I recently read on several trader forums about their newer version, FAP Turbo 2 and decided to conduct my own analysis of its performance. I also wanted to know what they could have done to improve this piece of software from the 1st version, as it did have some solid results so was it the same tool just re-branded? Or was their something new? And of course, I wanted to see if I could use this robot to improve my own monthly profit without putting in as many hours of research.

My analysis of Fap Turbo 2 [reviewed]

Back test VS real market results

Okay first of all – What is a back-test result? On the sales page or video of forex trading robots you will see a number of charts with a strong profit line aka backtest results. This means the robot was installed on a metatrader platform, such as Avatrade, and used for 1 year. Be careful when a company or product says “back test” “model” or “ticks modelled” all of these expressions mean the results were conducted on a simulation and not real profit earned by the trader or robot.

FAP Turbo 2 luckily does not show back tested results, but real account results.  On the FAP Turbo 2 website, you have easy access to the real results the robot has produced when actually trading in the Forex market. In general, I advise you to never hire a Forex service that offers profitability but shows simulated results. Look for transparent, real results.

Profitability Potential

Personally, I consider myself a very serious trader but owning this blog I enjoy testing softwares and not taking things (overly) seriously in the process. For the review I decided to compare FAP Turbo to my own trading. After analyzing the real results of two real FAP Turbo 2 accounts during a 4 year history, let’s break down the results:

My own trading:

Monthly profit: 19.7%

One year’s profit: 236.4%

FAP Turbo 2 real results:

4 year reported and verified profit: 4242%

Converted to one year’s profit: 1060%

To compare a 4 year chart of Fap Turbo with a 3 month chart of my own I had to break it down but this should show you what I’m talking about.

Results conclusion: 236.4% Vs. 1060%. It shows the robot at 4 times my profit. I was quite shocked with the sheer profitability of this, because to be honest, trying to make more profit on my manual trading is time consuming and tedious at times.

FAP Turbo 2 real results

My personal real results

Risk?

In Forex jargon, risk is the amount of money you are willing to invest. If you make many trades using a tiny portion of your capital, you would be a low-risk trader (leverage included). If you make a lot of trades using large portions of your capital, you are a high-risk trader. Being a high-risk trader you could earn explosive profits for one year, or two as a maximum but again obviously the risk is a lot higher. I almost feel like a Forex cemetery worker by saying this, but bottom line is high-risk traders, no matter what their profit is, never survive two+ years of trading (I’m talking about their accounts here, you got that, right?). I’ve seen traders make a yearly profit of over 2000% and then lose everything in a few week, including their initial deposits. So let’s take a look at how does this robot do in risk management.

Very safe trading: One trade = 1% of your capital

Safe trading: One trade = 2% of your capital

Mildly safe trading. One trade = 3% of your capital

FAP Turbo allows you to set the lot size on your own, however their instruction are the same as my recommendations: 0.01 lot size for every $200 on your account. This keeps all trades at 1% of your capital and allow a large profit to accumulate on your account while providing a safety net for loses. Make sure to use the recommended lot size, don’t try to get rich quick here, trading is an investment not gambling!

Robot capability compared to human capability: Very positive

The worse thing about cheap robots is they never actually open trades. Some robots only open 17 trades in a year, and run on your computer 24/7, so barely end up covering the electricity bill! This means, you could wait more than 2/3 months to see any profits. FAP Turbo’s analysis tools are very capable, opening trades very frequently, ranging from several trades a day to several a week, with about 96% of them being in profit (of course usually a aiming for the tiny margin profits).

If I could stay awake 24/7, perhaps I could equal the results; this robot’s profitability comes from the fact that it does very good predictions all day, every day, which is something no one could possibly do. As a human trader, I see a number of missed opportunities daily so this does help solve that issue. To get more information on the FAP Turbo software, click the image below:

Independent trader reviews

Sadly, many software products are advertised with a lot of hype and usually made up reviews too,and hence once you purchase, don’t offer the promised results. Once you become a forex expert, however, you normally find some time to keep in touch with other traders through specialized trader networks or forums. This allows you to share your experiences and learn from others. During our research with FAP turbo2 we found most experts liked it, some didn’t see the same scale of results, but the majority said they would “Recommend the robot”.

Pricing

Pricing for forex trading robots varies from free to millions! Some robots require special servers and are generally sold to large investment banks, where a ROI of 50% can mean hundreds of millions and not just a few thousand. Cheaper robots that sell for anything between $0-$20 are generally hyped up and designed to force-convince you into a purchase and usually (although might be good) don’t have the interface or support to help you integrate into a forex platform of your choice.

In general, it’s a good idea to make use of the best tools available to trade, whether it’s a good technical, fundamental or technological tool. In this case, to put it mildly, FAP Turbo 2 is a high value software in the Forex market. Click here to visit their website.