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Forex Factory
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This Simple Automated Forex Trading System is Upsetting Forex Brokers
Automated forex trading software also called robots are computer programs that are programmed to enter and exit the market automatically when the market gives it the proper signal. A robot can provide much greater consistency in it's trades than a human can. Robots have started to become popular but they also have had mixed results. Recently a robot called FAPTurbo was released and it has created some unexpected response from some very angry brokers. Most honest forex brokers are happy to see their customers make money but there are a few who have actually set up their trading platforms so they can profit when their customers lose money. These are sometimes referred to as "market makers". They match the trade orders themselves instead of entering the orders directly. this way they can keep the profit on the difference. The majority of forex traders don't have the experience and skill that is required to be successful at trading and most of them lose money. These brokers know this and have their systems set up so they make money when their customers are losing money. Since FAPTurbo was released it has been producing such consistent profit for it's customers that one broker banned it's users form using this software. With this program the user sets it up and it automatically trades the forex for them 24 hours a day and makes the trades when the market gives it the proper signals. Most robots haven't lived up to their claims but this one is causing some controversy in the industry. More honest forex brokers are actually welcoming their customers to use FAPTurbo and have even congratulated the creators on their success. One broker is even offering their customers a 500 USD bonus on deposits for traders who use this software. When selecting a broker make sure you chose one who actually encourages you to make money instead of one who you will ban you from using systems that make you money. Watch FAP Robot trade the forex live http://forextradecurrency.com
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