In this post I will be reviewing Fap Turbo 3. Following hot on the heels from Fap Turbo 1 & 2 this is a fully automated forex robot for the free to download MetaTrader 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. 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.
Fap Turbo 3 Strategy
The Fap Turbo brand has been around 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 its predecessors by trading in any market condition whilst also being “self-updating” to adapt to the ever changing forex market conditions.
This forex robot trades on an impressive 8 currency pairs and even the world’s most successful crypto-currency, Bitcoin. You can choose to trade all or a select few currency pairs. The major currency pairs will usually have better spreads and execution due to the high amount of volume and liquidity they have.
The expert advisor (EA) will analyse charts for potential trading signals based on the built-in algorithm. When it finds a signal, it can place and manage trades on behalf of the user. The settings can be customised to the user preferences. I would personally run forex robots with an ECN forex broker as I find that they tend to have some of tightest spreads, lowest commissions and reliable execution speeds.
Fap Turbo 3 Back Testing
There are some back tests shown on the Fap Turbo 3 website for potential users to refer to. The modelling quality is only 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
Fap Turbo 3 Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Fap Turbo 3 Summary
Fap Turbo 3 is a very diverse multi-currency forex robot for MetaTrader 4 that includes 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.