Forex Trade – Intelligent Forex


FAP Turbo – Pros and Cons of This Automated Forex Trading Robot

Posted in Forex Trading Robots by intelligentforex on March 5, 2010

Since the start of Forex trading in 1977, there have been a numerous amounts of trading robots and all of them are different in several ways. During its first introduction, trading robots are only a guide for traders and help them enhance the results of their trades. If you were to enter Forex trading today, and are planning to use trading programs, well, good for you, because trading robots today are already participating in trades. It has come to a point wherein you will not be able to tell which one is the real trader and which one is the trading program.

However, with its state-of-the-art technology, FAP Turbo is still associated with a couple of disadvantages. This article will show you the different sides of this trading robot, and will let you know whether it is the right tool for you or not.

Advantages of FAP Turbo:

– You do not have to deal with mathematical equations to make a decent amount in Forex trading. If you are using this robot you are probably getting the best results without computing anything.

– You do not have to stay awake for 24 hours a day just to make a profit. This trading robot will handle everything on your behalf. All you have to do is to spend whatever amount the robot provides.

– This trading program shows more than 10 years of track record. It can be located in their official website and unlike other trading robots, FAP Turbo is a very transparent program and you can see its ups and downs.

– The profitability of this trading robot is amazing. In fact, 95% of the traders are saying that in 2009 alone, they were able to receive more than 600% Return of Investment.

Disadvantages of FAP Turbo:

– You are stuck between the trades pre-determined by the developers. You cannot have your own trading style. Although you can set it up to match your style, it will never manifest the style you prefer.

– You will never learn anything from Forex trading if you are using this robot, because you will never have a chance to use your account manually. You can open another account and conduct trades on your own. That is, if you are not contented with the results of this trading robot.

– You need to purchase a separate Forex robot hosting account to allow the robot to participate in trades 24/7. It costs as much as $70 per month, but it is a small amount if you consider all the profits that you will be missing if you are not operating your robot round the clock.

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