Frequently Asked Questions

What is Forex?

The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!

What Tools Do I Need to Start Trading Forex?

A computer with an internet connection or virtual private server for remote trading is all that is needed to begin trading currencies. We provide full detailed instructions so no forex knowledge is needed.

What trading software do I need to run FAPTURBO and where do I get it from?

FAPTURBO is designed to work with the forex trading platform Metatrader 4, which is now offered by many of the leading forex brokers. Metatrader 4 can be downloaded for free from most broker's websites, usually via a "download trading platform" link.

What is Expert advisor (EA)?

Expert Advisor is an automated robotic script written in MQ4 language that can work in the Metatrader4 platform and make trades for you!

Can advisors work when I am away or go out?

Yes, they can work 24 hours/day for you. You don't need to monitor the trades if you don't have enough free time. Our Robot Advisors will monitor the trades, open orders and close positions for you when needed. Just keep your MetaTrader on to let them work their magic!

What if my PC lost power or rebooted?

No problem here! Just run Metatrader again and turn on the expert advisor. It will continue trading. If you have continuous power losses and poor internet connection or simply cant keep your PC online all the time we suggest that you order VPS (Virtual Private Server) for hosting your trading. Get Your VPS Here!

How to remove expert advisor?

To remove an advisor, just right click on its name or face in the top right part of the chart and select Expert Advisors -> RemoveTT. Don't forget to close all open trades of the current advisor if you remove it.

Should I remove or turn off the expert advisor on weekend?

No need to do that. It will sleep when the market is closed and continue to work on Monday automatically.

Does FOREX work 24/7 ?

No. Only on business days. No trading on weekend.

What is Virtual Private Server (VPS)?

VPS is a special service that can host your trading on a remote server so you no longer need to keep your PC on 24/5 for trading! Get Your VPS Here!

Demo or Real account?

You should always try your expert advisors on Demo account first to check if your broker is compatible with your current expert advisor! We don't recommend trading on Real account without testing on Demo first!

Can I run several advisors at the same account at the same time?

That's a great idea! You can run several advisors simultaneously to increase your profits and minimize the risks. Don't worry if it sounds daunting € we'll give you full instructions how to do it.