Posted By admin on August 29, 2011
The good news for traders that use Fap Turbo (FT) Forex trading software is that it is continuously being upgraded. Currently, there has been an upgrade issued for the spring of this year for V53. This FT review lets traders know what is new for 2011 and what to expect with the latest FT upgrade. The 2011 edition version 53 has many new features to look for and to take advantage.
FT version 53 has a few settings that stand out and Forex experts say these are more conservative compared to previous settings. The new settings are designed to decrease losses. The settings stops are tighter and trades losing money are exited more quickly than with previous versions.
Two new settings have many traders excited and are definitely worth looking into and trying out. The new settings are called the Scalper_TradeMonday and Scalper _TradeFriday. These settings allow traders to specify whether they want to trade on Mondays or Fridays and can be continually adjusted. A common trend among FT traders is a volatile Friday especially when using the Scalping algorithm via FT.
It is important to look for and download all new upgrades no matter which version is being used. Upgrades are supposed to come out on a bi-monthly basis. Upgrades make the software more efficient and are designed to increase profits. The FT spring 2011 update is available free of charge to all FT members directly from their website. When a new version of FT software comes out, existing members are not charged to download it.
The FT website states that for a one-time fee of $149 the software is the members to keep. The website also states that they will never ask members for more money. This is not entirely true. For members that wish to use a virtual private server (VPS) to host their software, there is an additional cost. This usually runs around $29 a month but members have the option of finding their own VPS for cheaper if they wish.
In addition, members that want access to the FT expert guide need to pay an additional cost. The guide comes with access to a live website and unlimited access to the member’s only page. The fee is around $77, which may change, and is a one-time fee.
Once the FT software is purchased, FT members must find a broker. This can be done by using a recommendation from FT itself or members can find one on their own. Broker’s fees depend on the broker chosen. It is important for all members to keep in mind that some brokers require a minimum investment amount. Members should expect to pay a commission to their broker as well.
Category: Finance |
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