Is FAP Turbo The Latest Forex Trading Robot Scam?

When looking at potential Forex trading software programs online, many people fall prey to clever little tricks and tactics employed by the program owners to inflate or distort the program’s effectiveness.

One such tactic is by displaying the “back test” results.

The back test results represent the results of the software running in demo mode and although they can give a decent representation of how well the software can perform, they also can be doctored to fit the bill.

The thing you need to pay attention to is the equity curve (showing your potential rise in earnings each day/week/month).

Ok, so we went and checked out the FAP Turbo website and sure enough, the first thing we saw was the back test equity curve. So immediately our guard was up as here was the exact thing we have just warned you about…it showed great back test results, a little too great for our liking.

So, in order to establish whether the FAP Turbo system is legit or not, we need to consider the following factors:

1. Longterm Winning Percentage Must Be Proven

The number 1 tell tell sign that a forex trading robot produces genuine results is proof of long term winning percentages. Most trading robots out there just show winning percentages over a few weeks.

It’s worth knowing that the average Forex trading software can have drawdowns of around 10 or even 20 %.

Just this proof alone was enough to tell us that this software will make you money.

2. Drawdown

Drawdown is also an important consideration when choosing Forex trading software because it measures the maximum percentage of capital that the software has lost you.

We’ve reviewed hundreds of forex trading robots so it is worth mentioning that we rarely see any drawdown percentage lower than about 10 to 15%…but we were joyed to see proof that FAP Turbo has a tiny drawdown percentage of only 0.35% – these are crazy numbers, but the proof is there.

What we found out during our extensive review (see bottom of article) is that the FAP Turbo software seems to trade for long term rather than short term, and makes you money from trends that are more stable as a result (probably why the success rate is more predictable for so many people).

We also noticed even before trying out the software that the videos, screenshots and other elements of proof on their website are pretty consistent…because the back test results and the live results share a similar pattern of equity growth, whereas many bogus schemes will show inconsistencies in their results because their back tests are falsified to inflate the true performance (using different rules in demo mode compared to real live trading).

When you have a forex trading robot that consistently produces results like these over a 9 year period it is difficult to find a reason not to at least try it out. For details on our first trade and what we made / loss, check out the link below:

Twitter This

Usuario: Password: