I am not a mathematician so the algorithms that are used to build those softwares are a mystery to me. But I am a professional Forex Trader and Day Trader so the mere thought that a machine can trade successfully fascinates me. When I first heard about those automated system, I was dubious about it. Yet, let’s think about the two main aspects of trading that make a trader (that is, a human trader) successful.
1) A sound system ["system": "an organized or established procedure, a manner of classifying, symbolizing, or schematizing" (Merriam Webster's online dictionary)], including Money Management rules.

The whole system and the Money Management rules must be tested over hundreds of trades. A machine would help, wouldn’t it?

Once the results are satisfying, the trader must stick to his System and Money Management rules. No exception. Like … a machine.
2) Trading (Forex, equities, commodities or whatever else) is a very psychological activity and thus requires training so that one can develop automatisms. And, perhaps more importantly, traders must keep their emotions in check. Again, like a machine.
Robots, in essence, can be designed to trade.
Of course, that does not mean that all robots are equal. Far from it. This is why I have tested many robots. In my opinion, Forex Auto Pilot Turbo is the best Forex Trading robot. Let’s look at it more closely.
The Forex Auto Pilot Turbo is a relative new comer to the Forex world and has been making some waves in the industry. It has been tested with real live trading accounts, not demo accounts, over a period of months before being released. Its creator, Marcus Leary, and his team of experts and programmers wanted to make sure that it worked before releasing it. Marcus and his team have been working on the software for over 5 years, tweaking and fine tuning every aspect of it.

You will need some time to get used to the screens and the options of the software. Do not rush it is worth being patient. I strongly recommend doing a demo account to start with the system. This lets you run the program with ‘virtual money’ so you can see how profitable it can be without risking a single dime. Once you have constant results for a few weeks with the demo account, you will be ready to go live. It is very important you follow this advice.

The software has a video tutorial section where you get videos that are about 5 minutes in length to help you setup the system and all your screens. The videos are very professional. Once everything is set up, the robot will automatically place trades for you. It will only run when you are online. Forex is a 24/24 activity so whenever you turn your computer on you can resume trading. Now, if you want the trades to take place even when you are offline, you have the opportunity to do so via a Forex hosting service that will host your robot on a server. Therefore, if you decide so, the robot will work 24 hours per day for you. You don’t need to monitor the trades if you don’t have enough free time. The expert Advisor will monitor the trades, open orders and close positions for you when needed.

I have traded the system now since the end of November 2008. First in demo and then live trading. The results have been very satisfactory more so than with any other robot or “signal callers”.
PROS:

Instant download from website.
The system trades any pair - although I recommend these pairs for maximum profits: EUR/USD, EUR/GBP and EUR/CHF - few other robots do.
60 day money back guarantee.
Option to use a scalper system and a long term trading system. The details are explained well in the videos.
The software is good for all: beginners or experienced traders. There is no need to be a genius to figure things out. The software will help the beginners to make better trades while they continue to build their knowledge base.
Support: my tickets were responded within a few hours. Very good support overall.
Other features (as advertised):
Automated risk scaling
High trading activity
High Spread Protection System
Built in loss prevention BILP
Extremely low drawdown
Cons:

Without any input from the trader, the FAP Turbo robot is the best. But, you will have better success with it if you choose your own settings. And, the matter of fact is that it takes a while to determine your own settings. This is also why it is critical to take the time to get familiar with the software and its features. Once you have set up your system, it will be worth it as the machine will eventually do all the work. Again, you may also simply decide to go with the default settings which are good.

Price: although it is a one-time fee, this is an expensive robot. Obviously, it is worth it. If one wants to make serious money at trading, they need to make investments anyway. You obviously get what you pay for. And what you pay for, here, is a great income.

You will need a MetaTrader 4 broker and they recommend ForexMeta.com. Even though MT4 is the most popular Forex trading platform, I had to mention this as a limitation.

Forex Auto Pilot Turbo works really great with scalper strategy but it works only “well” with long term positions. So keep in mind it is just better suited for scalper strategy.
CONCLUSION:

Forex Auto Pilot Turbo gets my full recommendation to anyone looking for a solid, reliable automated system that produces maximum results in the shortest period of time possible. I must say that at some point, as with any other robot, I expect the brokers to negate its profitability. But that still gives us many more months to make the most of this great software and reap the benefits from the best robot on the market.