I Can Confirm Fap Turbo Is A Scam!
I bought this pretty early on. Running it on their "recommended broker" ForexMeta I think was a mistake. Scalping was mediocre, at best, and long term is a bit volatile. This is on default settings. I compared my results to their "live account" and couldn't match them up.
When I wrote to them to query this, I eventually got a response that they use very high lot sizes and don't recommend them. Then why use that to demonstrate your product?? Also, they noted that broker spreads can really affect trading - even if it's 1 pip above 'recommended'. Well, Forex Meta is above those specifications.
Lastly, I ran backtesting on the pairs and couldn't replicate the smooth equity curves they demonstrate in their ads. When I queried that, I was told it could be 'timing differences" for GMT. So, I shortened it over a period I know hasn't changed and it was still eradic in comparison to their advertisements. The long term backtest made an obscene growth in equity, but it's drawdown (even in backtesting) was phenomenally high -- hardly the 'safe' trading they infer.
I was really hoping for much better than it's demonstrated so far given the hype, but I'm disappointed and the VERY suspicious. Be careful. And test this quite a bit longer as short term gains are irrelevant vs. the ability to risk manage your capital.
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