The latest Forex Robot to be released in the FAP Turbo range is FAP Turbo Evolution. Unlike previous versions of the FAP Turbo, this one is not specifically designed for the Metatrader platform. In a big departure from all previous versions of FAP Turbo the Fap Turbo Evolution Edition was not specifically coded to function on the Metatrader 4 trading platform. It has been entirely rewritten and ported to suit a different platform. The new platform offers incredibly low spreads, thereby making it more profitable for the FAP Turbo evolution trader.
The FAP Turbo Evolution was developed to trade exclusively with the Swiss based Forex Broker Dukascopy. Dukascopy represent something of a departure from the focus that was previously on retail forex brokers. Their spreads and trade execution is the stuff of legend, hence why this robot was ported to trade on their platform. This functionality helps to make the robot considerably more profitable and you benefit directly from the tight spreads and excellent trade execution enjoyed by Dukascopy clients.
As always there is a downside to the switch to Dukascopy. The down side is that you are limited to using just the one broker, so the platform is considerably less flexible from that standpoint. Another downside is that you need to have $10,000 starting capital to open an account with Dukascopy, though if you can put this amount together the advantages to using this platform way outweigh any down side. Unlike a lot of retail forex brokers they do not trade against you or use any of the myriad of tactics sometimes employed by retail forex brokers such as excessive slippage, stop hunting and slowing trade execution. Dukascopy really is the real deal when it comes to forex brokerage and are the choice brokerage house for professional forex traders.
Like the original FAP Turbo the Evolution uses a scalping style strategy, based on price action and other proprietary entry parameters. Basically it looks for frequent small, short term trading opportunities that invariably happen in the Asian trading session when market volatility is low and the risk and reward ratio is the most advantagious so as to minimize the risk of big market moves going against you and causing catastrophic losses. The FAP Turbo Evolution version trades 3 currency pairs: EUR/GBP, EUR/CHF and USD/CAD. These pairs have proven to be the best suited to trading in the Asian session and to offer the best returns from historical back testing as well as live trading.
The shift to the different platform may well deter some FAP Turbo users from upgrading and new users from taking up the offer, but the way I see it is that anyone serious about making money in forex will eventually end up venturing outside of the retail forex arena and join the ranks of the professional traders who simply won't compromise when it comes to selecting a broker.
Let's face it, successfully trading the forex market is a difficult enough task as it is without having your broker trading against you. Once you do find sufficient funds to open an account with Dukascopy, I have no doubt that you will get to reap the benefits. - 23309
The FAP Turbo Evolution was developed to trade exclusively with the Swiss based Forex Broker Dukascopy. Dukascopy represent something of a departure from the focus that was previously on retail forex brokers. Their spreads and trade execution is the stuff of legend, hence why this robot was ported to trade on their platform. This functionality helps to make the robot considerably more profitable and you benefit directly from the tight spreads and excellent trade execution enjoyed by Dukascopy clients.
As always there is a downside to the switch to Dukascopy. The down side is that you are limited to using just the one broker, so the platform is considerably less flexible from that standpoint. Another downside is that you need to have $10,000 starting capital to open an account with Dukascopy, though if you can put this amount together the advantages to using this platform way outweigh any down side. Unlike a lot of retail forex brokers they do not trade against you or use any of the myriad of tactics sometimes employed by retail forex brokers such as excessive slippage, stop hunting and slowing trade execution. Dukascopy really is the real deal when it comes to forex brokerage and are the choice brokerage house for professional forex traders.
Like the original FAP Turbo the Evolution uses a scalping style strategy, based on price action and other proprietary entry parameters. Basically it looks for frequent small, short term trading opportunities that invariably happen in the Asian trading session when market volatility is low and the risk and reward ratio is the most advantagious so as to minimize the risk of big market moves going against you and causing catastrophic losses. The FAP Turbo Evolution version trades 3 currency pairs: EUR/GBP, EUR/CHF and USD/CAD. These pairs have proven to be the best suited to trading in the Asian session and to offer the best returns from historical back testing as well as live trading.
The shift to the different platform may well deter some FAP Turbo users from upgrading and new users from taking up the offer, but the way I see it is that anyone serious about making money in forex will eventually end up venturing outside of the retail forex arena and join the ranks of the professional traders who simply won't compromise when it comes to selecting a broker.
Let's face it, successfully trading the forex market is a difficult enough task as it is without having your broker trading against you. Once you do find sufficient funds to open an account with Dukascopy, I have no doubt that you will get to reap the benefits. - 23309
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