Getting the Most Profit From FAP Turbo Evolution
The latest variant of the now famous FAP Turbo is the 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.
This version of the robot was programmed to trade specifically with the Swiss based forex broker Dukascopy. Dukascopy has long been recognized as one of the premier forex brokerage houses and has an excellent reputation amongst professional forex traders. Their spreads and trade execution are recognized as the best in the business. I am sure that these are the paramount reasons why this robot was ported to trade on their platform. Needless to say this transition to Dukascopy makes the robot potentially more profitable as you can directly benefit from the vastly superior spreads and trade exectution.
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.
As per the original FAP Turbo the FAP Turbo Evolution utilizes a scalping strategy. That is it looks for frequent small, short term trading opportunities during the Asian 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 offer the best returns for the robot during the designated trading session.
Although we believe that the shift to the different platform may stop some FAP Turbo users, and potential users from taking up the offer, in the long run anyone serious about making money in forex will eventually try trading with an ECN or ECN style broker and join the ranks of the professional traders who have graduated away from using traditional retail forex brokerage.
The fact is that the forex market is a difficult market to conquer, despite what some robot sellers might tell you. This is of course made all the more difficult if you have a broker who is trading against you. Once you are in a position to move outside of the retail arena then is it the best to gain the advantage of using a professional broker.
Brendan Wilson is a forex trader and internet marketer with 12 years experience. Brendan is also associated with FAP Turbo Evolution Review
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