The Biggest of All of the Forex Trading Scams of Today?
A lot of critics have been labeling FAP Turbo as one of the major forex trading scams of the day. At the same time others have hailed it as a money making automated program. I decided to try this program firsthand so here is my take on what could be the biggest of all forex trading scams.
FAP Turbo is easily the most controversial automated trade program available and advertised to give you a leg up in your trading these days. Eventually I just got sick of hearing about how it was a money machine from one side and the biggest one all the forex trading scams from others, so after hearing that the publishers offered a full money back trial period I decided to test it first hand for myself to draw my own conclusions about it and share them with you good people here.
FAP Turbo is enigmatic in that some critics pan it as the biggest of all forex trading scams whereas others hail it as an automated money maker. Unable to tell the truth for myself, I decided to try this program out firsthand after hearing about their money back guarantee, figuring I could test it and return it if I was dissatisfied in the least. This article documents my findings and whether or not this really is a reliable money earning tool or the largest of all forex trading scams.
For those who don't know anything about FAP Turbo or even automated trade programs in general, I don't want to leave anyone behind. This being an automated trade program, it does just that, or trades automatically without your intervention or input required. It reacts to changes in the market quickly and works to correct or put you on the winning/earning sides of all of your trades. For example, if you're involved in a profitable trend but suddenly that trend reverses out of your favor, the program trades away the now bad investment on your behalf immediately whenever it happens. This is a major advantage to have in your corner when you consider the 24/5 nature of the market throughout the week.
Well readers, in the first week I invested $500 (of virtual currency) for the program to do with as it pleased. Yes, this was in the confines of a practice demo account, because I was extremely skeptical at this program's ability to do anything but blow all my fake money down the drain. I logged out of my account and put it in the back of my mind. This was on a Monday. On Friday I thought to check, logged into my account and found that FAP Turbo had made me an extra $400 throughout the week on some EUR investing. Amazed, I logged out and back in again to make sure this wasn't a fluke. There it was, $900. The following week I let it ride and it came back with $1400. It was at about this time that I began trusting it with real money.
My success with FAP Turbo pressed me to learn more about this system as I didn't know much about it when I got it beyond that it promised to turn whoever uses it a profit. What I've subsequently learned about FAP Turbo and what is importantly THE inherent difference between it and every one of the forex trading scams out there today is that this system focuses on low risk/reward trades. It doesn't go for the big payout and consequently boasts a ridiculous 90% winning rate on all of its trades.
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ABOUT THE AUTHOR
If you'd like to learn more about this automated trade program and how it compares to others, I've tested a few other systems since then and compiled my findings all together at http://www.forexautotradingreviewed.com.