It’s too profitable !!!
SCAM Brokerage
Bans Fapturbo!
“It’steals our profits!”
CEO of shady XXX Brokerage says and tries to stop fapturbo from trading.

More than 17,000 people worldwide trade with fapturbo and make millions EVERY day. Believe it or not, a lot of brokers do not want you to make money. they do not want you to profit just like casinos rarely let somebody go out of the house with a full wallet.

The most recent event that happened is the brokerage XXX Securities that banned 140 fapturbo users for making profits. All they got is a refund of their initial investment and a statement that fapturbo “steals” money when it actually just trades accounts.

The thing is small broker firms do not enter your trade directly into the market.. they simply match your position with a counter position and win if you loose. Luckily we are aware of this problem and most big brokerages earn on the spreads only. However we have installed a private V.I.P. forum for fapturbo users only where red flags are raised and our members warned of such black sheeps.

Furthermore we plan to close the doors to fapturbo any minute to keep providing the best support and frequent updates. You have still a very short time frame to grab the golden goose by the throat.. if you are quick. Have a look at the LIVE trading statements on
http://www.fapturbos.net/live.html
http://www.fapturbos.net/

Which brokerage banned FapTurbo?

Anwser = No broker banned FAP. It's called marketing

You're right about that.

You are wrong about that!

Of course that that is markenting, but the ban is true!!

Which broker banned it so we can ask them?

It is simply not technically possible... Otherwise it would mean that MetaTrader 4 includes a HUGE security breach that lets your broker - or anyone else - see exactly how you are trading. Otherwise, please explain to me how your broker could possibly know which EA you are using... All your broker is supposed to see are orders - open a new trade, close or modify an existing one, etc... Nothing else.

This post has been edited by Nuke-Refugee: Jan 13 2009, 03:35 AM

Many EAs leave a comment to show what EA is running. The comment field can also be seen by the broker. If the EA doesn't leave a comment it would be hard for the broker to work out that you are running one, though not impossible

I call BS, if it were true, we would see the name of the brokers banning this in the very first post isn't it?!

I agree thats right no broker will ever or will do that...if it does then he will be violating all the norms of the business.

It's true.....

I have seen this and similar emails.

Dear Client,

As you may be aware, due to severe illiquidity in the FX markets there have recently been some spread increases. Our risk management team is currently reviewing the market conditions and is looking to reduce spreads on some of the affected pairs shortly.

Please note that due to a review of our hedging policies the use of some Expert Advisor systems have had to temporarily be restricted. The use of FapTurbo will temporarily be made unavailable whilst the review is completed. Once any new systems are in place which allows the use of this particular EA we will inform the necessary clients. Please do not attempt to open any new FAP Turbo trades but existing open trades will of course be allowed to continue until they have been closed.

We would like to apologise for any inconvenience caused and will attempt to resume normal service as soon as possible.


Should you have any questions, please do not hesitate to contact your account manager.

Fapturbo is only used at a certain time everyday. So alot of brokerages have upped the spread during those particular hours. Which is why so many Fapturbo users are trying to find a good brokerage. Problem is once one person finds a good one. He or she tells other Fap users and the broker get hit with alot of new Fap users. Who all have accounts that trade at exactly the SAME TIME! Plus the bombardment of questions and calls they get from users about the FAP EA and that particular broker doesn't help.

If I found a good broker to work with the EA I would keep it to myself. Other brokers have taken FAP users of there fixed spreads.

Dear Client,

We write to inform you concerning changes necessary to allow your current trading techniques to continue. We have with immediate effect pointed your account towards a price feed representing the market conditions of our liquidity providers. This is done for the sake of securing continuous correct pricing versus our standard automatic dealing system for lower frequency trading clients.

The main features of this configuration are:



- Variable spreads, no guaranteed stops

- No micro lots available

- Market closing on Friday at 10pm GMT, opening Sunday 11pm GMT

- Market orders instead of instant orders

- Partial closure of positions not available





Please note:

1) You will now be trading the currency pairs in your Market Watch window suffixed ‘-fx’. Use your instrument tree to ‘show all’ instruments and scroll down so that you will see them.

2) You will not be able to place market orders with attached stop and limit orders. You must first place the market order and then modify to attach any subsequent stop or limit orders.

Please feel free to address any questions or comments you might have to us by telephone or email.


So Brokers have noticed the EA and taking precautions because they are losing money. It's not that hard for a broker to notice that a large group of people are using an EA. If they didn't they would be pretty stupid.

I using this fapturbo also... need your guys help...

fx247, r u using this robot?? how much ur start up capital? MM u set true?

You still haven't given us the name of the brokers that have supposedly banned FAP. As someone with admin access to IB accounts of a certain broker, I can pretty much guarantee that the performance of FAP is nothing for a broker to be concerned about. Perhaps if it scalps with very short term trades (less than 1 min), spams the server with orders or does other nefarious activities it may be banned, but from what I can see of it's performance on several accounts it is not a problem.

Give us the name of this broker so we can ask them about their supposed FAP ban

Its Just a marketing gimmick and nothing else maybe someone here is running affiliation program

So, the question is: "To buy or not to buy Fapturbo?"
Thanks.

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