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General FapTurbo Questions and Discussion This is the primary board for discussing subject matter related to the FapTurbo EA

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  #1  
Old 12-06-2008, 12:59 PM
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alan alan is offline
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Default A message from the creators of FapTurbo

Hi guys. Here is a message that I was asked to forward to you all on behalf of fapturbo staff:

""I apologies for members if I was too rude. However we were scammed so hardly that's why our policy is strict and simple "1 license includes 1 demo + 1 real live account. All updates are free". That does not limit any legal clients in any way as 1 trading account is more than enough to make money on fapturbo for 1 person.

You can use fapturbo license with trading account on ANY computer (home and office or during travel, or on VPS) no limits per PC"

Hope this clears up some misconceptions that some of you may have.

Let's keep a positive mental attitude and continue to help each other out as much as we can. I for one think we built up a wonderfully informative, responsive and friendly community, so let's keep it that way.

Note: Please do not respond to this post. All responses should be made in the proper FapTurbo category:

http://www.forexautopilotforum.com/f...splay.php?f=18

Thank you for your attention.

Sincerely
Alan - forum admin.
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  #2  
Old 12-06-2008, 01:45 PM
Short14 Short14 is offline
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My question to them would be : Why didn't they tell us that before we purchased, all they said was buy now for a great deal $ 97.00 Not buy it now for $97.00 and then you will have to pay $130.00 to change brokers... I think if you can prove you closed your brokerage account you should be able to switch the software for free....
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Old 12-06-2008, 01:50 PM
mike360 mike360 is offline
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Quote:
Originally Posted by Short14 View Post
My question to them would be : Why didn't they tell us that before we purchased, all they said was buy now for a great deal $ 97.00 Not buy it now for $97.00 and then you will have to pay $130.00 to change brokers... I think if you can prove you closed your brokerage account you should be able to switch the software for free....

Isn't it just a limit to one brokerage ? For instance, you can change brokers. It doesn't matter. You can only run it on one broker at a time though. Isn't that correct ?
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Old 12-06-2008, 02:12 PM
Short14 Short14 is offline
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You can only activate the software on 1 live account, and 1 demo account


Note: Your Fapturbo Member License is valid only for Activation of 1 (one) Live real money account and 1 (one) Demo practice trading account!

If you have used your activation you will not be able to activate any other trading accounts without purchasing new Fapturbo License. We don't provide refunds for used accounts

If you have more trading accounts and need more activations please purchase new Fapturbo Account with $10 discount
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Old 12-06-2008, 02:57 PM
mike360 mike360 is offline
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Quote:
Originally Posted by Short14 View Post
You can only activate the software on 1 live account, and 1 demo account


Note: Your Fapturbo Member License is valid only for Activation of 1 (one) Live real money account and 1 (one) Demo practice trading account!

If you have used your activation you will not be able to activate any other trading accounts without purchasing new Fapturbo License. We don't provide refunds for used accounts
OK.. look at it from this angle..

It's valid for 1 live money account AT ONE TIME. If you have used your activation - meaning - ARE USING your key on one live account, you won't be able to activate it on another live account - again - one at a time scenario.. How could it stop working if you changed brokers for your live account ? I don't understand how it would stop working. If your key is valid - it's valid, right ? I personally think they need to reword their website, but seriously, how would they know if you changed brokers and why would that matter ? You're still only using it on 1 live account, so i don't understand why you would have to pay for another license key..
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Old 12-06-2008, 03:20 PM
dcrowley06 dcrowley06 is offline
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I guess I have to look at it this way. If they end up being better than any other EA out there, people will pay the price for their software. If I use FAPTurbo and I make an extra $1200 a month profit from just regular FAPS, I don't mind having to reacquire the license if I ever change my live account.

However, I do think that they should give you unlimited demo account settings. I have no idea why they would limit the number of demo accounts you can try this out on. Live account fine... but seriously you try one demo account, decide you dont like the broker and you have made no money from selling live... and now you have to buy another license. That seems a little unfair.

I had this running on 6 different demo accounts to see which one I liked. I couldnt imagine having to spend $900 dollars to decide that I really like FXPro.
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Old 12-06-2008, 03:22 PM
^eagle^ ^eagle^ is offline
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Quote:
Originally Posted by mike360 View Post
OK.. look at it from this angle..

It's valid for 1 live money account AT ONE TIME. If you have used your activation - meaning - ARE USING your key on one live account, you won't be able to activate it on another live account - again - one at a time scenario.. How could it stop working if you changed brokers for your live account ? I don't understand how it would stop working. If your key is valid - it's valid, right ? I personally think they need to reword their website, but seriously, how would they know if you changed brokers and why would that matter ? You're still only using it on 1 live account, so i don't understand why you would have to pay for another license key..
Good point. Lets not be judgemental about this. But It should be clarified if this is the case. Has anyone tried to contact Fapturbo for clarification?
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Old 12-07-2008, 05:08 PM
JimGoose JimGoose is offline
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Quote:
Originally Posted by Short14 View Post
You can only activate the software on 1 live account, and 1 demo account


Note: Your Fapturbo Member License is valid only for Activation of 1 (one) Live real money account and 1 (one) Demo practice trading account!

If you have used your activation you will not be able to activate any other trading accounts without purchasing new Fapturbo License. We don't provide refunds for used accounts

If you have more trading accounts and need more activations please purchase new Fapturbo Account with $10 discount

I'm confused.

If I'm running fapturbo demo on IBFX and MetaForex at the same time, does that mean neither of them will work? If I stop running one, will the other start to work?

What does that mean if I want to open a live account, if i've tried to open 2 demo accounts?

I'm so confused... none of this was mentioned on their site when I bought it.

EDIT: Apparently, since i'm still using the old license for fapturbo 16 (purchased dec. 2nd) i can run an unlimited number of demos for a month, when the license expires and i have to download an update. After that period, i can only activate my key with TWO accounts, either 1 live or 1 demo, and there is no going back... correct?

Last edited by JimGoose; 12-07-2008 at 05:51 PM.
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  #9  
Old 12-08-2008, 04:08 AM
niall niall is offline
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G'day eagle,

That's an interesting metaphor, but lets try something a little closer to what's happening here.

Let's say that I operate a taxi cab. You approach me and ask how much to your hotel at 26 Broker Street. I tell you that I'll charge you a one-off fee of $97 to take you there. You agree and load your luggage.

Half way there you realise that the hotel at 26 Broker Street is not suitable for your purposes (perhaps you've been reading brochures) and ask me to take you to the hotel at 24 Broker Street instead. I stop my cab and tell you that, due to the increasing number of fair evaders, I have decided to charge you an additional $149. However, since you have already paid me the $97 before beginning the journey, I'll give you a $10 discount. Please hand over the additional $139 or get out of my cab!

The change in destination is no skin off my nose, and you are new in town and just want to get value for your money.

Am I evil?
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  #10  
Old 12-08-2008, 05:24 AM
IndiaBoy IndiaBoy is offline
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Quote:
Originally Posted by JimGoose View Post
EDIT: Apparently, since i'm still using the old license for fapturbo 16 (purchased dec. 2nd) i can run an unlimited number of demos for a month, when the license expires and i have to download an update. After that period, i can only activate my key with TWO accounts, either 1 live or 1 demo, and there is no going back... correct?
I'm wondering that too, because I have it running on v16 as well
So if I want to start backtesting 10 brokers, I should it do now, with V16 untill the date it doesn't work anymore, and I have to download v20 and activate it ?
So... kinda same question, anyone can answer this to us?
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