FAP Turbo 2 – Forex Currency Trading Robot Software Reviews 2014

FAP Turbo 2 Forex Trading ROBOT Software REVIEW: Beware of Forex Robot Scams! FREE – Read this shocking truth & brutally honest review of a fraud investigator to save your hard earned cash from Forex Robot scams.I’ve been in Forex Trading for over five years and literally spent over ten thousands buying various Forex systems.Forex Robot is a big trend these days among the Forex community.The robot presents a HUGE opportunity to make money and capitalize on the failing economy. Whether you have a large amount of money or not,it has emerged as a major revenue stream for tens of thousands of people!

What is Forex Robot?

Forex Robot, also known as Expert Advisors (EA), is a piece of simple software run on any computer. The program is coded with the strategy and integrated with MetaTrader trading platform which is connected to your Forex broker. With this, you can place trade manually, see live feeds of currency prices, demo trade & perform other trading activities.

Since Forex robot has built-in strategy, you do not have to learn the strategies the hard way. This ruled based strategy have been backtested for a specific period of time to verify that they would produce profit. Such a mechanical system can be either indicator based, price based or both of them. In short, all Forex robots are 100% mechanical system integrated with MetaTrader. MetaTrader read the rules and automatically and place trade for you.

That’s mean anyone with a Internet connection and a computer can use the robot. Any Forex broker that supports MetaTrader 4 charting software is all that is needed. No formal training or knowledge of the Forex market is needed or required.

What you need to do is install the Forex Robot on your computer and hook up to the Internet. This is like the Forex master doing your trading for you.

But beware of how you approach this opportunity…

There are plenty of robots available in the market… plenty of hype too, influenced demo testing and promises have been made by the developers…

Selecting the quality robot can be a daunting task. There are many popular ones, but there is only 1 that works perfectly 100% of the Time, and it is called FAPTurbo.

All of them claim that you just need to push a button and cash automatically filled your trading account.

Come On… Nothing Can be that Easy and Make Money, Right?
Well, Yes and no. You can make a lot of money but you can also lose a lot of money as well. It’s all depend on how you trade them and the rules coded into the robot.

As I said previously, proceed with caution. You have to choose the right software to use. And I’ve tested most of them!

When I first started researching and using these different software programs, I noticed something startling. ONLY FEW SHOWED ME PROOF THAT IT WAS EASY AND MORE IMPORTANTLY, THAT THEY WORK!

Don’t buy any Forex Robot unless it meets these 4 criteria…

There are 4 main criteria that make the robot a good robot:

1. Backtested

Most vendors will sell you their Forex robot based on successful backtesting. Backtesting is important as it shows us that the robot can potentially profit on live trading. However, you shouldn’t just focus on backtested result and it does not guarantee a successful forward trading.

Why? Because the backtester can ignore market conditions. In live trading, you might see the gap in price during a news announcement and market spikes. You may also see the big spread between bid and ask prices of the currency pairs which may affect your trade due to excess slippage.

2. Forward Live Trading

The obsolute best proof is live trading. Not many robot vendor use live trading to support their claim that their robot is the real thing. By looking at the live trading account, you can see how accurately is the backtested report of that robot.

3. Money Management

No matter how well a Forex robot seems to be live trading or backtesting, we can never know what the future result will be. Hence, we must employ adequate safeguards – sound money management rules. This is the KEY to successful LONG TERM wealth building via Forex trading.

4. Low Drawdown

Drawdown represents the total percentage loss experienced by a strategy before it starts winning again… and drives the investment balance back up.

Taking drawdown into consideration, you can judge just how risky these automated strategies are. You will see some out there that have a 40% or even higher drawdown in their reports. With those kinds of odds, you better have one heck of a strategy to back up that high of a risk level.

A good robot should be below 15% drawdown, which means you have an expert advisor backed by a rock solid strategy that would take an absolute miracle to bankrupt an account.

These are the 4 important criteria you should focus on when making your decision for the Forex robot.

Besides, a reliable internet connection is another important factor you should take note for the robot to work properly. If you are having many trades, you may want to consider to host your robot on Virtual Dedicated Server. This means that the robot is trading from a hosted service instead of your computer.

In overall, here are the Forex Robots or Expert Advisors you may want to consider…

#1 FAPTURBO

FAPTURBO is one of the few robot that meet the above stated criteria. They even show you their live trading result that updated every 15min!

There are so much hype about this robot but it does really work! More than 17,000 people worldwide trade with fapturbo and make millions in combined earnings every day…

FAPTURBO has 2 built-in strategies:

1. Short Term Scalping Strategy

2. Long Term Advanced FAP strategy

Each strategy is designed for its own timeframe & currency pairs. For example Long term strategy works only on EURUSD M1. The scalping short term strategy works on 4 pairs: EURGBP, GBPCHF, EURCHF & USDCAD, M15 Timeframe.

Both strategies are built inside one FAPTURBO expert advisor and can be switched on and off easily. Each strategy uses its own designed timeframe and currencies so be sure you use the strategy on proper currency pair and timeframe. You will find full details on each strategy and its parameters in the FAPTURBO Guide and Video Tutorials.

According to history backtests from 1999-2008:

9,645 Total Trades
95.9% Winners
5,000% Net Profit
0.35% Drawdown
You can always perform backtest yourself to check that. The most important is the live trading results show 96% of winning traders!

Click here to read more about FAPTURBO!

#2 PipZu

PipZu is the first Forex robot to use state of the art built-in Trend Adapting Technology as well as a next generation Market Timing Algorithm.

New Trend Adapting Technology will allow Pipzu to alter its trading strategy on its own to be profitable during any market conditions. This is the first robot to successfully accomplish something like this.

The Market Timing Algorithm is to pick trades like it has a brain. Most robots’ fail because they trade at random, there is no logic as to why they open some trades which inevitably make for big losses. Well, Pipzu brings a whole new aspect to automated trading with its market timing algorithm. Not only does it follow a rock solid core strategy, it won’t open a trade unless the timing algorithm thinks it’s safe to do so.

With these two features, combined with a rock solid core strategy, Pipzu has brought a whole new level of reliability and low risk to Forex robot.

To top all that off, they even offer their new Extrapolated bonus version at a discounted price. This is a very interesting bonus. The Extrapolated version doesn’t feature the low drawdowns like the original version does, but it’s long term earnings potential is just amazing. It’s extrapolation feature allows the robot to increase its trade size the more it wins, and decrease the trade size substantially the more funds start to diminish. Over time this creates an extrapolation feature as your account equity grows and multiplies.

Click here for more details.

#3 Forex Auto Pilot (FAP)

Forex Autopilot is proven auto-pilot software with an in-built advisory system, developed by a professional team who have combined expertise in forex trading, mathematical logarithms and programming.

Forex Auto Pilot is an effective instruments of technical analysis. It detects trend, strength of the trend, finds support and resistance levels. It can be used for Elliot waves and Fibonachi levels! This indicator surpasses all well-known indicators like ADX, Stohastic, MovingAverage.You can develop your own low risk and profitable system based on Ultra-Trend.

Forex Auto Pilot is equiped with the state-of-the-art money management programming that allows the individual trader to turn a profit even under unfavorable conditions on the market.

The system was optimized for best performance on euro/usd M1. We recommend to use it on euro/usd m1 with default setting to get maximum profit. The strategy has been designed to be useful for trading any major currency pair such as EUR/USD, GBP/USD, USD/JPY, USD/CHF etc… The examples are mostly in EUR/USD. However, our Forex system can be easily applied to any other currency pair.

According to history backtests from 1999-2008 and live trading results FAPS EA makes 96% of winning trades. You can always perform backtest yourself to check that.

Click here to find out more details.

What is the difference between FAPTURBO and FAP?

FAPTURBO is built on the FAP (Forex Autopilot) engine but it is whole new generation product. FAPTURBO developers have added great number of new features to FAP algorithm to make it more safe & more profitable.

Now FAP TURBO 2.0 – FAP strategy uses fixed stop loss value so your possible losses will be small and limited. A great number of additional safe filters and indicators were added to prevent trading in risky conditions. Advanced filters and indicators that were added to the system make sure FAP avoids risky periods with unstable market and makes most of the profitable trades with high accuracy. Plus a new short term scalper strategy is introduced in FAP TURBO 2.0 that works on 4 pairs and showed great results in live real money trading.

Your Trusted Forex Trading Robots Advice

VISIT the FAP Turbo 2.0 Website For Full Information and/or Purchase FAP Turbo 2.0 Forex Trading ROBOT Software, by CLICKING On the Link, Below:

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CLICK HERE to Visit: FAP Turbo 2.0 – Website

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