Andreas Kirchberger’s Forex Killer System is currently one of the most sold Forex trading systems on the Internet.
Does it provide the ultimate winning FX trading signals to make you money from home on autopilot or is it just another scammy “miracle” Forex trading system?
The first impression of the website is the same as for similar products: hyped up, pitchy and it doesn’t look very professional. There are some performance and account screen shots, but it’s pretty difficult to find out whether they are legit or not.
But as I’m real forex trading system addict and knew that my investment is protected by a 60 days money back guarantee I decided to invest in it and do a test run of the Forex Killer system.
Who is Andreas Kirchberger?
I haven’t heard of Andreas before. I searched the Internet to find some more info about him and mainly found some articles promoting his product and some forum posts where Andreas Kirchberger actively participated. And there is an interview with him where he shares some valuable insights. Andreas mentions there that has been trading forex for the last 11 years and they used to work for Deutsche Bank before he decided to become his own boss.
The next test: I sent an email to the forex killer guys. To my surprise I got a
response back within 40 minutes, they answered my questions very competently.
How does the Forex Autopilot System work?
The Forex Killer Signal Software is easy to use and works like follows: You feed the software with market data for the last 10 time periods (hours, days or hours),
you can use data from any broker’s platform like Metatrader for free. Then you
press a button to calculate the next signal and its probability. Now you have
all you need to place your orders.
Here’s a screen shot of the software in use:
The step-by-step instructions are very detailed and easy to follow. They even provide step-by-step instruction videos on how to integrate Forex Killer with Metatrader.
Beside all the detailed instructions there’s also an introductory guide for people who are new to Forex Trading. And there’s phone support hotline. My experience with their support is very good, quick turn around and they guys understand what they are talking about.
How are the signals created?
It’s nowhere disclosed how the signals are calculated. Based on my observations
their system uses trend following math combined with behavioural patterns to
generate the signals. The system allows you to trade short term (5, 15, 30 or 60
minutes) or 4 hours, 1 day or 1 week.
What are the results?
The software doesn’t have a 100% success rate which can’t be expected from any system. If you only get 60% winning trades you have a good system. It’s very important to use a money management system. I don’t ever invest more than 1-2% of my capital for one trade.
The software helps me to make better decisions what it is supposed to do. Using 30M time frame the software provided 80% winning trades.
Who will benefit most from Andreas Kirchberger’s Forex Killer?
It’s for everybody and anyone who wants to successfully trade the Forex markets. It’s ideally suited for beginners who want to start out and learning investing in the Forex market.
For experienced marketers the software provides signals for better decisions. One tip for beginners: start trading on a demo account to become familar with the system. Always remember, Forex Trading is risky and you need to be able to deal
with some losing trades before having a winning trade.
Are their any downsides?
The success rate of Forex Killer software signals is not 100%. But I don’t know any trading software which is 100% right all the time. If you can stick to a trading system with a 60% success rate and you use smart money management techniques your chances of being successful will be high.
Forex Killer is not a get rich quick system.
It’s easy to apply, but you need discipline to stick to the system and to learn
the basics. It’s easy if you trade on a demo account. But you’ll quickly realize
that it will be a different game once you start trading with real money. Once
you master it you have an effective system to earn money from home.
What is the verdict?
The Forex Killer software and its bonuses are well worth the price of $89. I subscribed to many other Forex trading signal services which charged $197 per month with a much lower success rate than Forex Killer.
Like with all effective Forex Trading System – there are no get rich quick schemes. You need to make the commitment to read all guides and paper trade the signals first with a demo account until you get the feel. Once you stick to a system and can control your emotions you will see very good results. But it requires the discipline to stick to the system, to use some supporting signals and an effective money management system in place.
The program comes with a 60 days money-back-guarantee. If you are not happy you can get a refund without any questions asked. So it’s risk-free to give it a try.
If you are serious about earning money in the Forex market I recommend this program.
You Can Get A Free Preview Here