Here is my evaluation forex robots article on the Forex Autopilot Turbo or FAP Turbo forex robot. FAP Turbo is easily the most controversial forex robot available today and is a point of contention for critics and traders alike. As the program claims to carry out every aspect of trading for you, I decided to test it firsthand within a practice account using their money back guarantee for collateral.
The first thing to understand in this evaluation forex robots article about FAP Turbo is how it works. After you get the program, you have to decide whether or not you want to run it on your computer or have it run from their proxy server. They ask you this forex robot because FAP Turbo works by constantly analyzing real-time market data and looking for profitable trading opportunities. From there it acts on those profitable trading opportunities and follows there performances along until they become liabilities at which point the program trades away the now bad investment. Based on this, it’s common sense that the program requires constant 24-hour Internet access around the clock.
As some people are uncomfortable or unable to commit to this, the publishers behind the program have their own dedicated servers which they offer to run the program for you on while giving you the option of checking in and tweaking how the program trades if you like at any time at all. This comes at an extra monthly charge, however.
A lot of speculation exists about the yet to be released Forex robot titled The Forex Revolution. With a release date set to be May 18th, 2010 the critics have been looking at the promises the program has been giving and analyzing how effective it will be as a Forex robot to get a profit for its users. It is hard for critics to be able to examine a program completely before it has actually been released. Real results are the best way for programs to be compared to others. However, when the program has not yet been released it is difficult to compare it to the other possible Forex robots.
The cost is one of the major factors that help people determine which Forex robots they want to spend time on and which ones should be overlooked. Forex Revolution appears to be priced competitively with others at $147. This isn’t the most expensive and isn’t the cheapest either but falls in the middle somewhere. The prices of $97 and $47 have been advertised as add-on packages but details on what will be included if individuals purchase these have not yet been explained and divulged to the public.
The way the program operates is through not one robot individually but a combination of a few different robots combined to provide the best results for users. The name of the program comes from a revolution in the forex market. The community that uses this program will be able to work together in order to make the best possible operation of Forex robots. The results will be able to be used to optimize the operation of Forex Revoultion. The types of expert agents that are going to be used in the program have not yet been determined or analyzed by potential users. The only data that can be used is what the company has released in anticipation of the products big debut date.
A broker is important to operate the Forex robot and many people recommend that individuals use FX Open for Forex Revolution or any other robots that you wish to use.
Overall, Forex Revolution is one of the many robots that give customers the option to trade while not being at the computer. It is unique because it allows the customers themselves to optimize the agents that are used in the program. They will have to work as a group to get the best possible performance to turn a profit instead of a loss. This sounds incredibly promising but something that sounds good on paper is not always just as good in practice.