FAP Turbo 2 Forex Robot Review -Is FAP Turbo a scam?
◙ Robot Name: FAP Turbo 2
◙ Robot Platform: MetaTrader-4 / MetaTrader-5
◙ Robot Type: Forex Scalper
◙ Price: $149 (Free Updates)
◙ Licenses: Two (2) Licenses Included
FAP Turbo stands for Forex-Auto-Pilot and is a well-known Forex robot developed by Steve Carletti, a professional IT programmer. The FAP Turbo team has also created Forex Striker. FAP Turbo functions as a Forex scalper, opening and closing many positions within short time frames. It is available for a one-time fee of $149, which includes free updates and lifetime customer support.
Introduction to the FAP Turbo 2 Robot
The robot can be used on two (2) real accounts. FAP Turbo has sold over 55,000 copies worldwide and is an Expert Advisor compatible with both MetaTrader 4 and MetaTrader 5. One of its advantages is its adaptability to any trading style, allowing users to adjust dozens of parameters. The new version 2.0 also supports Bitcoin trading through the free Bitcoin Signals Indicator.
FAP Turbo 2 Main Features
-
You can start trading with FAP Turbo 2 on a demo account before linking it to your real Forex account (recommended).
-
Each FAP Turbo 2.0 copy is licensed for use on two real Forex accounts.
-
Fully automated Forex robot — plug in and run on autopilot (the robot is an .ex4 file compatible with MetaTrader).
-
The trading system detects trends and confirms them using indicators such as Alligator, Williams’ Percent Range, DeMarker, and Fractals.
-
According to the developers, the best-performing pairs are EUR/GBP and EUR/CHF.
-
Low capital required — traders can start with as little as $50 when using the Forex scalper.
-
Small profits are generated at regular intervals.
-
Target prices are usually set between +6 and +15 pips.
-
Lifetime access to the VIP members area, plus lifetime support and updates.
-
The Forex robot includes a series of video tutorials.
FAP Turbo 2 Trading Strategies
FAP Turbo offers two main strategies:
-
Short-Term (1M) Forex Scalping (only EUR/USD)
-
Advanced Long-Term (15M) Forex Strategy (EUR/GBP, EUR/CHF, GBP/CHF, USDCAD)
Each strategy can run on a single chart, but you may open multiple charts to use both strategies simultaneously across various currency pairs. The long-term strategy is designed to avoid trading during risky market conditions. When this strategy is selected, FAP Turbo may execute 0–2 trades per week, and the minimum deposit requirement is significantly higher.
On the other hand, the short-term scalping strategy is briefly explained below.
FAP Turbo 2 Scalping Strategy
The strategy selection is controlled by the parameter “Use-Scalper-Strategy” in FAP Turbo. Key features of the Forex Scalper Strategy include:
-
The scalping strategy operates on EURCHF, EURGBP, EURUSD, GBPUSD, GBPCHF, USDCHF, and USDCAD pairs, exclusively on the M15 chart.
-
It executes 1–5 trades per day, targeting profits of 6–10 pips.
-
Includes High-Spread Control (new in version 2.0).
-
By default, the maximum allowed spread is 5 pips, but this can be manually adjusted.
-
Scalping is disabled by default on Fridays due to unpredictable market conditions; an option to avoid trading on Mondays is also available.
-
Uses a fixed internal Stop-Loss to protect funds, along with additional safety filters.
FAP Turbo Parameters & Settings
Here are some key parameters among the many offered by FAP Turbo’s developers:
-
Scalper Strategy Activation:
UseScalperStrategy = TRUE
-
Stealth Mode On/Off:
Scalper_StealthMode
-
Scalper Lot Size Control:
Scalper_UseMM = FALSE
-
Money Management On/Off:
Scalper_UseMM
-
Max (%) Free Margin Used:
Scalper_LotsRiskReductor
-
Maximum Lot Size:
Scalper_MaxLots
-
Time Offset (GMT default):
Scalper_GMTOffset
FAP Turbo Review Conclusions
FAP Turbo is a highly popular Expert Advisor with record sales worldwide. Now at version 2.0, it is a highly customizable Forex robot specialized in trading during the Asian session. The latest version includes a free Bitcoin Indicator and licenses for two real accounts. Free tutorials are accessible via the members’ area.
- The robot costs $149 and includes lifetime updates.
◘ FAP Turbo Robot Review -Is FAP Turbo a scam?
Forex Automatic
READ MORE ON FOREX AUTOMATIC
• COMPARE
□ Compare Expert Advisors
□ Compare Trade Systems
□ Compare Platforms
□ Compare Forex Brokers
• REVIEWS
► Building Custom EAs
► Wallstreet Forex
► Forex Diamond
► Bitcoin Robot
► StrategyQuant
• GUIDES