This product really does run on autopilot, but like any other opportunity you will need to invest a little bit of time and money to set it up. It certainly took me longer than 5 minutes to have it up and running, even though my IT skills are reasonable. I allowed an afternoon to open an account, read the manual and follow the set up instructions and that's how long it took. It may seem a bit overwhelming and technical at first, but remember that you don't need to understand everything for it to work. You probably don't know exactly how the computer you're using now works, but it doesn't stop you using it successfully.

It turned out that FAP Turbo runs a lot better with some brokers than others. It hardly works at all with Forex Meta (so why they recommend it, I just don't know). However, it works extremely well with Alpari, which is based in both the US and the UK. I opened another demo account with Alpari UK whilst still running the one with Forex Meta. You can run as many demo accounts as you like with the subscription, but you can only have one live account. My Alpari account started trading like crazy, whilst the Forex Meta did nothing, confirming that it was a broker issue.

You will need a VPS (Virtual Private Server), but not necessarily for your demo account. A VPS is remotely hosted so the software can keep running whether your pc is on or off. You can also access it from anywhere. It protects you from breakdowns in your internet connection, other people switching off your pc etc. I didn't bother to get one when running the demo version, but when my pc turned itself on and off again during the night to install Microsoft updates, I realised why it was necessary. It's a false economy not to get one and you should easily cover the cost of it, even with a small initial investment.

You can get a cheaper VPS than the one recommended. The minute you sign up to FAP Turbo, you'll be presented with a screen advising you to invest in a VPS at $70 per month and at this point you may start to feel ripped off. As this is an ongoing cost, I felt it was worth making savings. After reading positive recommendations, I invested in ForexVPS
which at $35 is half the price, and has very efficient 24 hour support. I was able to access it almost instantly and on the one occasion I did have a problem, I got a response to my email within 10 minutes. Initially I was a bit confused about how to download programmes to my VPS. I worked out that the easiest way is to download to the desktop as you might on your pc.

If you are at all worried about the technical side, and you don't want to have to install it yourself, the VPS they recommend, EZForexHost.com, sets FAP Turbo up for you. This is probably the main benefit of going for the more expensive option. As they have to do this manually, it could take a few days, especially when they are busy.

You'll only make the kind of profits claimed if you run FAP Turbo on high risk settings. The Lot Risk Reductor (LRR) adjusts your risk. The default setting is 5 which is clearly low risk, and which indicates that only 5% of your account will be risked on a given trade. Some investors have much higher settings, even as high as 40. This considerably increases your risk and would only be advisable if you have a small amount of money that you would like to grow quickly but could be prepared to lose. For a very large account, you could adjust your settings even lower to 2 or 3. I tested my demo account on settings of 20, just to see what would happen. It made lots of wins, but occasional larger losses reduced them considerably. Overall, it remained in profit, but I chose a more cautious setting of 10 for my live account. Another risk factor you should be aware of is the account leverage offered by your broker when you open an account. Some will offer a leverage as high as 1:500, but to reduce your risk you should opt for 1:100.

Although the short term strategy works for 4 currency pairs, you'll notice that most people on the forum are only using two: EURGBP and EURCHF. If you run a demo account you'll see that GBPCHF doesn't seem to trade at all, and although the USDCAD trades well, it's a bit too risky. This is possibly due to the time zones. The good news is that the initial cost allows you to get free copies of any FAP Turbo updates so they may resolve these issues in future. When I opened my live account, I just used those 2 pairs. As a result of reading the manual and the forum, I also reduced my risk on the EURGBP pair by reducing the spread from 5 to 4. These pairs alone, on low risk settings still make a good profit.