FAQ

FREQUENTLY ASKED QUESTIONS

General Forex Questions

What is Forex?
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!

What Tools Do I Need to Start Trading Forex?
A computer with an internet connection or virtual private server for remote trading is all that is needed to begin trading currencies. We provide full detailed instructions so no forex knowledge is needed.

What trading software do I need to run FAPTURBO and where do I get it from?
FAPTURBO is designed to work with the forex trading platform Metatrader 4, which is now offered by many of the leading forex brokers. Metatrader 4 can be downloaded for free from most broker's websites, usually via a "download trading platform" link.

What is Expert advisor (EA)?
Expert Advisor is an automated robotic script written in MQ4 language that can work in the Metatrader4 platform and make trades for you!

Can advisors work when I am away or go out?
Yes, they can work 24 hours/day for you. You don't need to monitor the trades if you don't have enough free time. Our Robot Advisors will monitor the trades, open orders and close positions for you when needed. Just keep your MetaTrader on to let them work their magic!

What is Virtual Private Server (VPS)?
VPS is a special service that can host your trading on a remote server so you no longer need to keep your PC on 24/5 for trading!

Demo or Real account?
You should always try your expert advisors on Demo account first to check if your broker is compatible with your current expert advisor! We don't recommend trading on Real account without testing on Demo first!

Can I run several advisors at the same account at the same time?
That's a great idea! You can run several advisors simultaneously to increase your profits and minimize the risks. Don't worry if it sounds daunting ? C we'll give you full instructions how to do it.

Getting Started With FAPTURBO

Do I have to trade myself? Is it difficult to setup?
No! All you need to do is setup the automated trading robots (expert advisors) and let them trade on your account to bring you profits! You will get step-by-step instructions how to setup and run them + we have prepared a great set of Video Tutorials for you!

How much money do I need to start trading?
Depending on your broker terms, you can start trading with as little as $100. Remember that starting out with low trading capital may put you at disadvantage because you will only be able to trade the market in small share sizes. We recommend that you start with capital of $1,000-5,000 USD or train on a Demo account till you are satisfied with the performance.

Is it hard to learn and implement your trading system?
No! Most people that purchase FAPTURBO package start trading within minutes of installing. We provide detailed instructions and cool Video Tutorials!

Can I adjust parameters of the FAPTURBO advisor?
Of course…You can change stop loss, take profit and several other parameters & filters depending specifically on your needs. All of them are described in the FAPTURBO GUIDE.

What timeframe and currency should I choose?
FAPTURBO has 2 built-in strategies. Each strategy is designed for its own timeframe & currency pairs. For example Long term strategy works only on EURUSD M1. The scalping short term strategy works on 4 pairs: EURGBP, GBPCHF, EURCHF & USDCAD, M15 Timeframe

What are the differences between FAPTURBO Short Term and Long Term Strategy?
FAPTURBO is a powerful combination of 2 strategies: Short Term Scalping Strategy and Long Term Advanced FAP strategy. Both strategies are built inside one FAPTURBO expert advisor and can be switched on and off easily using UseScalperStrategy parameter in FAPTURBO settings.
Each strategy uses its own designed timeframe and currencies so be sure you use the strategy on proper currency pair and timeframe. You will find full details on each strategy and its parameters in the FAPTURBO GUIDE and Video Tutorials

Specific FAP And FAPTURBO Questions

What is Forex Autopilot (FAP)?
Forex Autopilot (F.A.P., ForexAutoPilot.com) is a fully independent software robot which trades the foreign exchange currency market on autopilot 24 hours a day. Robots such as Forex Autopilot are called "Expert Advisors" or EA's, and are attached to the currency charts in the trading platform software which is provided by forex brokers. ForexAutoPilot was created by Markus Leary and his team.

What is the difference between FAP and FAPTURBO?
FAPTURBO is built on the FAP (Forex Autopilot) engine but it is whole new generation product. FAPTURBO developers have added great number of new features to FAP Algorithm to make it More Safe & More Profitable. Now FAPTURBO FAP strategy uses fixed stop loss value so your possible losses will be small and limited. A great number of additional safe filters and indicators were added to prevent trading in risky conditions. Advanced filters and indicators that were added to the system make sure FAP avoids risky periods with unstable market and makes most of the profitable trades with high accuracy. Plus a new short term scalper strategy is introduced in FAPTURBO that works on 4 pairs and showed great results in live real money trading.

What is the percent of winning trades?
According to history backtests from 1999-2008 and live trading results FAPTURBO EA makes 96% of winning trades. You can always perform backtest yourself to check that.

I did not like the "no stop loss idea" in FAP. How about that in FAPTURBO?
FAPTURBO FAP strategy uses fixed stop loss value so your possible losses will be small and limited. A great number of additional safe filters and indicators were added to prevent trading in risky conditions.

Guarantee And Support

What if I am not happy with the package?
From the moment you purchase FAPTURBO, your investment is protected by our 8-Week, Iron-Clad, Clickbank Money-Back Guarantee — that's a full 60 days trial! So if for some reason you decide that the system isn't really for you simply contact us with your trading screenshots, and you will be supplied with a prompt and full refund.

Do you provide support?
We provide rapid email support and Phone support to our members. You will find phone number in the member area. Feel free to contact us if you have any questions or problems.

Do you provide Video Tutorials and Instructions?
Sure, we have prepared cool banch of video tutorials for you and a perfect step-by-step FAPTURBO GUIDE!

Is FAPTURBO Legal?
FAPTURBO & FAPWINNER partners are 100% legal services. The FAPWINNER, LLC is proud to be an authenticated Limited Liability Company in good standing with the State of Illinois. Adress: 4710 Lincoln Hwy. Suite 234 Matteson, Illinois