Does FAP TURBO Really Makes Money?
- Friday, December 12, 2008, 23:23
- Featured, Forex Trading
- 4,041 views
- 1 comment
While waiting for my FAP TURBO autopilot robot activation, I decided to search for opinions of my mind mates (those, who bought FAP TURBO too). I must say I was surprised by the numbers of users who can not load FAP TURBO automated trading machine, because of various errors. Most of problems were the same – activation problems, but after solving them, robot started to trade.
And then – second wave of unhappy people. Why?
They were unhappy, because autopilot robot wasn’t generating such amount of money as it was declared at FAP TURBO site.
Get A Forex Robot That Is Capable Of Doubling Your Money Every Single Month…
Yes, authors of this profit making machine are using very risky strategy having set big lots with high LotsRiskReductor value. Therefore, they made such results. But as I said before – it is very risky and you can burn all your money.
Therefore, you should give it a try on DEMO accounts first!
And I gave it! I opened 3 DEMO accounts on different brokers. I configured FAP TURBO 23 and applied to all currency pairs on all accounts.
My configuration changes from default configuration only with these variables:
- GMT offset – set by broker’s GMT offset
- ScalperLots – 0.1
You think, they all generated the same trades?
No! They all went in different ways. So here are the results of the first day:
- InterBank FX – Demo account with $3000 (started on 11 of December, 2008).
- Admiral Markets - Demo account with $3000 (started on 11 of December, 2008).
- Fibo-Forex – Demo account with $3000 (started on 11 of December, 2008).
Here is the spreads of all currency pairs FAP TURBO recommends to trade:
| InterBank FX | Admiral Markets | Fibo-Forex | |
| EURCHF | 4 | 3 | 3 |
| EURGBP | 3 | 5 | 2 |
| EURUSD | 2 | 2 | 2 |
| GBPCHF | 12 | 7 | 7 |
| USDCAD | 5 | 3 | 4 |
And trading statistics:
| InterBank FX | Admiral Markets | Fibo-Forex | |
| Trades | 5 | 7 | 11 |
| Win | 4 | 6 | 10 |
| Loss | 0 | 1 | 1 |
| Draw | 1 | 0 | 0 |
| Total profit | $27,74 | $44,66 | $84,53 |
| Profit % | 0,925% | 1,489% | 2,818% |
It is funny, because Interbank DEMO account make most of the trades with GBPCHF pair which has the highest spread…
Admiral Markets DEMO account made the most with USDCAD pair – 4 trades winning $40.
And Fibo-Forex DEMO account made trades with all scalping pairs, except EURCHF made a little loss of $3,38.
In overall, scalping strategy worked and drove about 1,5% of gross within one day. If it would work so all month, at the end it will be accounted in 32,7% of gross. But it is only a theory. Let’s wait for the real results!
P.s. the contest I joined in the beginning of FAP TURBO testing does not allow to use EA (Expert Advisors), therefore my testing began only on Thursday.
Related posts:
- Experience with FAP TURBO Expert Advisor – 1 week
- FAP Turbo – Forex Trading Autopilot Robot Doubles Your Money
- FAP TURBO Real Money Accounts’ analysis
- Selecting Right Broker for FAP TURBO
- Will NordMarkets be the First ECN Broker for Fap Turbo?
- Best Settings for FAP TURBO to Run Twin Chart Strategy
- You Can Activate Unlimited Number of DEMO Accounts on FAP TURBO
- My FAP TURBO moved to Alpari UK
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