In this post I will be reviewing Fap Turbo 3. Following hot on the heels from the huge success of Fap Turbo 1 & 2 this is a fully automated forex robot for the free to download Meta Trader 4 trading platform. Fap Turbo 3 is offered as a monthly subscription at a very reasonable cost or for free when you sign up under one of the developers recommend brokers using them as the introducing broker (beneficial for both parties). It is easy to setup and comes with a self-installer so you can be up and running in just a few minutes – even if you are a beginner there is no prior trading experience required. The Fap Turbo 3 website has verified proof of a real trading account growing from $10,000 to over $460,000 fully automated – and still going. This is in the form of a detailed trading statement going back years with a HUGE amount of trades. Of course, we cannot tell if this is from a real trading account but none the less it shows the huge potential of this world renowned forex robot – there is a reason it is so popular and that is not just slick marketing campaigns – it is because it works when used correctly. What we do know is that the original Fap Turbo and Fap Turbo 2 robots were traded live to the public and did turn $5,100 into around $36,500 – there can be no arguments about that fact. On the Fap Turbo 3 website you will find links to third party verified results such as those at Forex EA Lab.
Fap Turbo 3 Strategy
The Fap Turbo brand has been a huge success for many years now, going all the way back to when forex robots were first commercially available. The Fap Turbo 3 forex robot follows on from the success of its predecessors by making money in any market condition whilst also being “self-updating” to adapt to the ever changing forex market conditions. The claims are backed up with some impressive trading results shown on the official Fap Turbo 3 website. This forex robot trades on an impressive 8 currency pairs and even the world’s most successful crypto-currency, Bitcoin. Whilst you may choose to trade a select few currency pairs I always believe that adding diversity to your portfolio is a great thing provided you also spread out the risk. It means that you do not put all of your eggs in to one basket so to speak and when one currency pair may be having a period of draw down, other pairs can make up for it and more. Of course, the major currency pairs will always have better spreads and execution due to the high amount of trading positions/volume on them (liquidity if you like). This can save on trading costs and always make sure you are using a regulated ECN forex broker with Fap Turbo 3 or any other automated and manual forex system for that matter. Going back to the Bitcoin aspect of the robot, the results shown on the website are very impressive with accounts multiplying in value showing that the strategy incorporated in Fap Turbo 3 is very suitable for trading Bitcoins.
Fap Turbo 3 Back Testing
There are some back tests shown on the Fap Turbo 3 website although we can always refer to the real trading account statements for more up to date verification. That being said, the back tests are as impressive as you would expect with $1,000,000+ in trading profits being generated from just a $10,000 deposit. Not only that the draw down is under 2% with a crazy 99% winning rate. The only negatives I see here are the average winning trade is $78 compared to an average loss of $718. This is not a good risk to reward ratio but with a 99% win rate accuracy it would be very rare a big loss would be taken. A system with a favourable risk to reward ratio could take multiple losses and get into a similar losing situation but of course the recovery there would be faster. The modelling quality is also 90% which means real tick data, spreads and commission were not used. I much prefer 99% modelling quality such as that done by Birts Tick Data Suite that uses tick data, real spreads and commission such as that done by Forex Robotron. With this back testing methodology, results are much more accurate. In the back test, the Fap Turbo 3 robot averaged about 48% profit per month but in real testing it has actually made double that so this is a rare case of a forex robot actually outperforming the back test when it can often be the other way round!
Fap Turbo 3 Live Results
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Fap Turbo 3 Summary
Well, the Fap Turbo development team seem to have done it again with this one. Fap Turbo 3 is a very diverse and highly profitable forex robot with low drawdowns and proven real results. The feedback from users all over the world is generally very positive. My main recommendation would be to make sure you are using a regulated ECN forex broker as you will need the best spreads and execution available to get the most out of Fap Turbo 3. It comes with a multi-currency forex robot for Meta Trader 4, detailed instructions, Bitcoin robot, Bitcoin indicator and dedicated 24/7 support. Not only that but if you are unhappy with how it performs then you have a 60 day no questions asked money back guarantee. You could even run it for a while on demo and thus have a risk free trial of the famous and reinvigorated Fap Turbo 3 robot.