Are you looking for Forex robot test results of the latest currency trading robot called FAP Turbo? I was quite reluctant to try out this new robot at first given the amount of money I have lost previously with bad Forex automated robots in the past.
However, the live testing results that the owners show on its main site made me really interested to find out more about it. Finally, I made up my mind to take up the money back guarantee of the robot and purchased it to test on my demo Metatrader 4 account to simulate live trading. After trying out FAP Turbo for many days now, I will explain some of the mechanics of this robot and the test results achieved with it.
What is FAP Turbo Robot, and How Does It Work?
It is actually a robot that can be integrated into the Forex trading platform Metatrader which can be downloaded for free. This type of software robot is also known as an Expert Advisor in the foreign exchange industry. Basically, this robot will trade by itself because it has a set of internally programmed rules that dictates the way it trades. Some of these automatic robots have proven to be very profitable, however you should also be aware that more than 80% robots are useless when traded on a live account, therefore you should research carefully before making any purchases.
How Did The FAP Turbo Robot Come to Exist?
This automated robot is developed by 3 IT programmers who are also knowledgeable in currency trading. It is a much more profitable version of the previous most powerful robot Forex Autopilot (by Marcus Leary). This new FAPTurbo uses much tighter risk controls and its internal trading system is able to find more profit opportunities than FX Autopilot.
FAP Turbo Forex Robot Test Results
In the space of one week of testing on my demo account, the robots made 28 trades and 27 of those trades ended up in profit (96% accuracy rate). I simulated with a starting capital of $1,000 and it ended the week on $1,175. Immediately I attached the robot to one of live accounts and today it is generating returns similar to that of my demo account.