The newest edition to the FAP Turbo range of forex trading robots is called the FAP Turbo Evolution. 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.
Much the same strategy as the original version, the FAP Turbo Evolution was developed as a scalping strategy. It looks for variations in price action to initiate trades during the Asian session when market volatility is low and the risk minimal. This goes a long way to reducing market exposure and the risk of the market moving against you suddenly and causing major losses. The FAP Turbo Evolution version trades 3 currency pairs: EUR/GBP, EUR/CHF and USD/CAD.
Some traders may baulk at the idea of shifting platforms away from Metatrader4 and may be reluctant to upgrade or take up the offer, but I think that anyone who is serious about making money in forex will invariably move away from retail forex brokers as they join professional traders in using brokerage houses such as Dukascopy.
We know that trading the forex market is a difficult enough without adding in factors such as having your broker trading against you. Going to a professional brokerage house such as Dukascopy can only assist you in the process of trading the forex market successfully. Unfortunately this level of service comes with a higher entry price. - 22871
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.
Much the same strategy as the original version, the FAP Turbo Evolution was developed as a scalping strategy. It looks for variations in price action to initiate trades during the Asian session when market volatility is low and the risk minimal. This goes a long way to reducing market exposure and the risk of the market moving against you suddenly and causing major losses. The FAP Turbo Evolution version trades 3 currency pairs: EUR/GBP, EUR/CHF and USD/CAD.
Some traders may baulk at the idea of shifting platforms away from Metatrader4 and may be reluctant to upgrade or take up the offer, but I think that anyone who is serious about making money in forex will invariably move away from retail forex brokers as they join professional traders in using brokerage houses such as Dukascopy.
We know that trading the forex market is a difficult enough without adding in factors such as having your broker trading against you. Going to a professional brokerage house such as Dukascopy can only assist you in the process of trading the forex market successfully. Unfortunately this level of service comes with a higher entry price. - 22871
About the Author:
Brendan Wilson is a forex trader and internet marketer with 12 years experience. Brendan is also associated with FAP Turbo Reviews
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