FAP Turbo Review -
Is it a Scam?
Forex Trade is a currency exchange money market of trading with any and all currency, stocks and bonds from around the world. It is much the same as the New York Trade centers that trade with stocks and bonds.
The difference with Forex Trade is that anyone can get into this world currency exchange and make profitable income with their investments. Yes, Forex Trade is a risk taker business, there will be some loss, but there is also great profit when an individual takes the time to learn the Forex Trade and use a good solid head towards business decisions, and of course a good solid Forex Trade program.
FAP Turbo (www. fapturbo.com) can indeed help in gaining more pips (a pip is the smallest increment invested in Forex Trade currency). In fact most Forex Trade computer programs can assist in gaining some pips.
However, it is the way the program is built whether it is a good program or not that makes each program different. In the case of the FAP Turbo
, this program runs from 11 years of testing, to achieve this - according to Steve Carletti a professional I.T. programmer and the "head developer of the most accurate and profitable Forex robot in today's market - FAP Turbo." 11 Years Back-test
* 14,088 Total Trades
* 99.66% Winners
* 10,607% NET Profit
* 0.32% Draw down!
However it took about a third of the way on the main website of FAP Turbo to finally find this guy's name and his "credentials" backing his own product. The website looked a bit on the busy side but it did have an excellent Forex program shot of actual money that was profitable.
As seen below in the picture, it shows the whole trade trend and amounts, not a cut out or torn up piece that other sites tend to use when they are trying to prove their products. This picture even showed the total loss and total profit gained...not just the profits, but also the losses as well. Every Forex Trade business individual comes across a few losses and a few profitable gains.
What is nice is that Steve Carletti showed the whole process from beginning to end, to verify his program. Although the website itself is a bit on the messy and jumbled side, at least it shows various working videos and explains the program just as much as he is selling - advertizing the product.
Further down the website, there comes the torn out looking pieces of papers showing amounts made in profitable gains in Forex Trade using the FAP Turbo. It looks as if anyone could type up those numbers! It is so fake, looks and smells like a scam when Steve Carletti used the age old tear-off look of his "paychecks", profitable investments.
| *Low Startup - You can start with as LOW as $50! |
*Huge Market - $3 TRILLION traded around the world every day (Actually, the Forex market is bigger than ALL the world stock, bonds, and futures markets combined!)
*24/5 - Non stop action, 24 hours a day 5 days per week (Monday through Friday)
*Volatile - The most volatile market in the world...what does that mean? HUGE opportunity every moment of the day
*Low Cost - While with stock trading, futures and options you pay spread plus commission, with Forex your only "cost of trade" is spread (that can add up to ALOT!)
*No Cornering - Unlike any other markets, it is IMPOSSIBLE to corner the Forex market....and, no matter how many people trade with the same robot its efficiency and profitability will remain intact (HUGE plus)!
*Up & Down - Profit from rising and falling prices...you don't care which way the market goes. Ohhh...and, unlike with the US stock market, you don't have to wait for an up-tick for shorting!
*No Size Limit - Trade as BIG or as SMALL as you want! This is something that ONLY the Forex market allows you."
I give Steve Carletti some credit for at least getting the Forex Trade currency exchange amount for 2010 correct, it is $3.98 Trillion, rather than saying it was in the Trillions like other Forex Trade robot program sites claimed.
Interestingly it is also the only
site that I have seen that included their reviews right on their page! So that was nice to see included on a main selling website, compared to other Forex sites. In the end the product is recommended, because it shows integrity and many customers that were happy with the FAP Turbo Forex product ON the main website.
Even the reviews were included right on their site, which other sites for other Forex products, did not include any real customer reviews. However there are other sites that show disappointing reviews. Here are those reviews; IT is up to the individual to buy FAP Turbo Forex Trade, as dealing with Forex deals with risks.
| Keith Kunzler Says: |
I purchased Fapturbo several months ago and after trading it for a couple of weeks on a demo account (with less than spectacular results, I began trading it on a live account.
| April 29th, 2009 at 3:36 pm |
I have several weeks experience with it on their default settings. Bottom line, it does not work. If you run the EA on their default settings, you WILL lose money.
Obviously, the "results" they show on their web site are falsified.
By the way, you CANNOT get anyone in the organization to tell you what settings they use on the accounts shown on their site.
| June 29th, 2009 at 12:09 am |
Stay away from this product! Check the picture of Marcus Leary on their website and check the picture of a male actor named Doug on http://www.livefaceonweb.com site. Marcus Leary is a paid actor named Doug! Total BS scam. Performance results on their website are also made up BS! Ask anyone who bought and used the robot and they will tell you their results do not match the results claimed on their website. In fact most have consistently lost money. Do yourself a favor and DO not USE REAL money with this robot. ASK for your money back now from Clickbank. (Clikbank gives you 60 days and they are usually very good with refunds). Don't go thru Fapturbo's customer service - you will get nothing but delays and excuses to try to delay your refund past 60 days. Once past 60 days you can lose your refund with Clickbank. You have been warned.
Bought Fapturbo a couple of months ago and have traded on demo - the losses far exceed the profits! It does not work; do not be fooled by their sales gimmicks. You will get very small winning trades and huge losses. What they claim on their website and what actually happens in the real trading world are two different things. In my opinion forget trading robots, it's a waste of time and money.
| October 13th, 2009 at 6:01 pm |