I haven't come across many sites with integrity and honesty like you have Jim. I've been researching forex robots for the past few months, and to find a site like yours is rare - with video of your own accounts and real results of the robots you recommend pushed me to order FAP Turbo. The settings you sent me really helps and made setup alot easier!... I'm proud to say my trading account has grown from $3,000 deposit to $5,670 in just 18 days! I thought these kind of results were possible only for experts!
- Ray Heydrich
Jim, I've put your advice on FAP Turbo, along with your personal settings to the test! It's been 2 weeks and my accounts has grown a whopping 75%! $500 deposit is now at $878 with some more profitable trades still open, so should be ticking over $1000 any day now! I couldn't have come up with settings like yours on my own and I thank you for your generosity and help setting up the system!
- Rachael Cummings
This testimony is for Mr. Phillips. I am a complete newbie to forex trading, and don't even know how to use computers very well (I'm 60 years old). Mr. Phillips has been extremely kind and has helped me to set up both FAP Turbo and Forex MegaDroid on my computer, and both systems are running profitably with special tweaked settings. I'm hopeful for the future and my superannuation fund is creeping back up faster than I could have hoped for. God bless.
- Bill Harris
The settings are working great! Initial depost - $5,000 - Current balance - $9,754. This is after just over 2 weeks of live trading. Very impressed and I've been recommending it to friends like crazy.
- Mike Henderson
Profits in my demo account are going wild. It's made around 165% ROI in 4 weeks and continues to climb. I'm so confident now that I'm starting my live trading account today and adding FAP Turbo on Monday - Extremely gobsmacked with the profits, considering I didn't know what forex was 6 weeks ago! Thanks for your help Jim.
- Danny Miso
I've been using FAP Turbo on my live account for 3 months, thanks to the recommendations from Jim. In that time it's made 248 trades and 203 have been winners - I'm averaging 72% profit per month, and with the new settings that Jim just released, I've made 149% this month alone!
Very happy with FAP Turbo and my new automated income stream :D
- Sam Keller
I wasn't a newbie when starting out with forex robots, but had my speculation as to how they worked in the long run. I've heard about the good results other people have had, but didn't really believe something automated could work so well.
I ordered FAP Turbo after coming across forexcritic.com and Jim had the settings he uses as a bonus, so I decided to order the system and upload it to my account for a trial in demo mode.
After just 3 weeks the robot had made dozens of trades, and only a few were losers. It's consistency and gains were far better than what I averaged even with my experience. I decided to run it live for a couple weeks and see if the results continued... and they did.
Now after 7 weeks live trading, I've made $6,800 from an initial deposit of $2,000. Quite impressive, so I'd like to give Jim and FAP Turbo the recognition they deserve.
All the best,
- Linda Harrington
Depending on the broker, FAP Turbo can be great, or mediocre. My initial broker was I believe changing quotes and therefore reducing profitablility of the robot, because they knew of its profitablity and were taking a piece of the pie.
I've switched for ForexMeta and haven't had any problems so far, and the profits have returned to normal.
- Josh Hynze
I was very skeptical about FAP Turbo, but after using it for two months I have done very well so far. The settings have been very helpful and the FAP Turbo video's were unexpected but a real bonus, they gave me some very helpful advice.
I think for $149 you get real value for money, it is not expensive at all and very easy to win back your money through trading. I am not sure why people report problems, because I have not had any, but it is a bit confusing at first and takes a while to read all the information and set it up correctly - however the settings by ForexCritic.com really made it much easier.
Once set up correctly, it works like a dream!
- George Tremblin
When I see bad feedback about FAP Turbo, it makes me wonder why... Maybe people are using the wrong settings, or a bad broker? I am extremely happy with the FAP Turbo performance so far.
This is the first time when I got even more then I expected. I'm not a newbie, I have good results with my manual trading. FAP Turbo increased my live deposit from 2200 pounds to 3100 in just 2 months!
My broker is Alpari UK. Spreads are reasonable and the support is great.
- Kumar Dekar
I've been using FAP turbo since it came out and was getting good results with my initial deposit of $2000. Since ordering another license through your site and getting your settings, I've boosted my profits up even further and now make over 100% Return on investment each month (double my money or better).
My results do not match their claims on the FAP Turbo site, but when hasn't the marketing of a product exaggerated the benefits of the product?
Bottom line, if used correctly the robot can consistently make a profit, and so far for me, and very reasonable one :)
- Robert J Patrick
I traded for quite a while with a demo account with good results, and have recently transferred my knowledge over to a live account. I don't have much money, so I'm starting very slow and safe.
I decided to remove all but the EUR / GBP pair. This appears to be the most reliable pair to trade with this EA. I set the LRR (Lots Risk Reducter) to 10.0 which is considered medium risk on the amount of money the Fabturbo will risk (10%). I monitor the trades and have closed a few trades manually when they seemed to stall. The scalper is designed to grab about 6-7 pips, so I don't have a problem closing a trade with 4-5 pips profit. I nervously let a couple big drawdowns run without intervening and they came back with a very small loss or breakeven. I won't be trading any other pairs with this EA. Trading the other pairs is what melted down my demo account. I think the key to any EA is to monitor it.
My account is growing and soon I'll start trading different currency pairs with the robot as my funds and income become more stable and reliable.
- Ed Kusiak
I have been trading FAPTurbo on two live accounts with Alpari UK since the beginning of December. One small account with aggressive settings and a larger account with moderate settings. I only use the scalper on EURGBP, EURCHF and GBPCHF.
On average the small, aggressive settings, account grew at a rate of 40% a week (multiplication by 1,40 each week!) and the account with the moderate settings at a rate of 18% per week!
Only once a trade did hit stoploss. 90% of the trades have been closed profitable sofar.
I'm very happy with FAPTurbo and hope to be able to sustain the growth rate I'm encountering at the moment. As the money management makes sure the growth is compounding the increase of the account is quite staggering. I still can't believe it.
I am aware that due to the aggressive settings on one of the accounts I'm risking a drawdown of about 55% overnight. As long as these possible drawdowns do not happen in sequence too often the result will still be profitable.
- Dave Nottingham
I installed FAP Turbo on my laptop using the live account with $300 on 16th January 2009 and in just 2 weeks the program made a profit of $300 or 10% without any human intervention! This is using just the scalping strategy and not the long term FAP strategy. That is outstanding considering there was no human intervention the entire time!! Even at these returns with conservative settings it will give me at least 120% per year!
I can see the genius of using small increments of profits, or micro profits, as opposed to longer term profits! Indeed, because the economy became more global which is introducing more external events directly affecting the financial markets, the principals on which FAP Turbo is built can only shine brighter as time goes by.
I like this program which gives me great joy!
- Mike P.
FAP Turbo is an automated trading product comprising 2 strategies - short term scalping (taking small profits on lots of trades) and long term. It delivers consistent scalping performance. I can only comment on the scalping strategy as I have not used long term.
After 2 weeks' successful demo testing I went live with real money at FXPro at the beginning of February 2009. In 16 Trades over 1 week (scalping only with conservative settings) EUR/GBP and EUR/CHF I had the following results:
14 winning trades - made 9% gain
2 losing trades - made 1% loss
net: 8% gain in 3 trading days. (FAP Turbo avoided a risky day automatically and never trades on a Friday as standard)
At this rate my account will double in just over 2 months and beat the hell out of Warren Buffett and George Soros in terms of annualised return.
I have read every single review here and would like to say that FAP Turbo Mike (one of the developers) and the moderators were very active on the private members' forum warning newbies to NOT trade over xmas and new year when the market is thin and unstable. Some people ignored their advice and this led to losses and complaints.
The second issue is that January 2009 has seen some extreme volatility and widening of broker spreads. This has caused a few more losses to be registered than in December 2008. FAP Turbo has a protective "maximum height" setting which is triggered on volatile days and this stops it trading when the currency pairs are likely to spike and trigger their stop loss. This protects people but some members on the forum complain that FAP Turbo doesn't trade enough !!!
I look forward to seeing FAP Turbo become the best FX robot in the marketplace!
- Joe Whitlock
I have been using FAPTurbo for a couple of months now. I am just using the scalping strategy on 4 currency pairs, EURCHF, EURGBP, USDCAD and GBPCHF. It is making money. Their technical support has also responded in a timely fashion and their website contains a very good members forum.
- Jesse Norman
Hi guys! I am still impressed by the performance of Fapturbo robot. I got few losses during the bad week in the middle of january however my final result is +453 pips after 7 weeks of live trading with Fapturbo.
My broker is FX Pro.
Go robot, go!
- Kristov P.
I trade this EA since November very successful. I think the negative experiences on this site depend very much on thee brokers. Many brokers have widened spreads and this may lead to problems. I compared a number of brokers. The best results I get with Alpari follwed by Activtrades and Forex.com. last weeks I had vor instance 28 trades with a total win of 155 pips. All trades were winners. I use ths scalpers only and do not trade USDCAD.
Update - 2009-01-14 This EA really worrks. But the results depend very much on the broker you use. I had 5 live account parallel. I-trade FX was terrible, but Forex.com, ODL and Alpari delivered about 30-100 pips per night. The best results I got with ActivTrades. After some time ODL stopped me from trading. They called this EA a scalping system, which they do not allow to use. I would use only the scalping settings for EURGBP, EURCHF and GBPCHF. The USDCAD delivers more often losses. The percentage of winning trades with GBPCHF at ActivTrades is 100 % and I use it live since mid of November.
- Carol Washington
I'm writing to let everyone know that so far I'm very astounded by this EA. I have traded the market since 2003 (6 years) manually and also with robots... I have purchased every course, every EA, every software program... and spent thousands.... I don't care that I've spent thousands because the Forex market is worth it..... I bought fapturbo EA the other day and put it to work..... Over 900+ pips in two days.... 900 PIPS IN TWO DAYS!!! Once again 900 PIPS in 2 days.
- Rodney C.
I've been trading Forex for 5 years and have never seen anything work like this ea does. Sure it has a few losing trades, but most of the trades are winners and my account just keeps increasing. Your brokers spread definitely does affect the way this ea will perform. The tighter the spread the better it works. I Love this thing! Worth every penny.
The settings from Jim at ForexCritic.com have been a tremendous help too - Couldn't have set it up so quick, or with so much profit without his settings that he says took months of testing. Very helpful!
- Pete Shah
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