The Forex Killer Scam - Honest Review of Andreas Kirchberger's Automated Trading Software   by ElectronicPaul

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Review of the Forex Killer Software by Andreas Kirchberger - Scam or Not?

Have you been looking for an easy and automated forex system to make money? Have you wondered if The Forex Killer Really Works? Have you been searching for an honest review of the Forex Killer? Don't buy the Forex Killer until you read my review of the Forex Killer by Andreas Kirchberger and decide for yourself whether it is a scam or not.

The Most Common Forex Scams: Too Good To Be True 

I have been interested in forex trading and was studying strategies that people use. Some of them were very complicated, so I tried to see if there were any easy, pre-packaged forex trading systems.

The two most common kinds of forex products are:

1) Automated forex trading software
2) Monthly subscriptions to signals

Through online, I found that most of these kinds of products are scams that often had negative reviews. Most people recommended that I invest in an educational product, rather than a quick-fix product. Read my review about the difference bewteen a forex COURSE and a forex SCAM here.

But what about the Forex Killer? The Forex Killer by Andreas Kirchberger falls into the first category of automated forex software. However, I gave the Forex Killer the benefit of the doubt and further researched it. Read my results in the next sections.

Is The Forex Killer By Andreas Kirchberger A Scam? Here Are Its Claims 

If you are looking for a forex trading system, there needs to be two key benefits:

1) Saves you time - easy to use
2) Makes you money!

What about the Forex Killer? Andreas Kirchberger makes the following claims on the Forex Killer website:

1) Breathtakingly simple. It's easily and quickly understood by the average independent trader as well as newbies.

2) A highly profitable system that lets you earn thousands of dollars each day.

I will test both of these claims by extensive research of customers who have bought the Forex Killer. Do these claims stand up to the test?

Is The Forex Killer Easy To Use? 

I looked at how easy the Forex Killer is to use, and how appropriate it is for a beginner.

Conclusion 1: the Forex Killer requires some expertise to use. There are technical issues with setting it up and using it. Also, you can't just use the signals - you need to do further analysis yourself.

Here are comments from real reviews of the Forex Killer:

"I got the FK software but was confused on using it. When I press the calculate signal it comes out with the sell signal, and then I press again and it comes out with the buy signal"

"I recently purchased Andreas Kirchberger's Forex Killer Software and am unable to use it. It is dependent upon exporting prices from MetaTrader 4 either automatically or manually. I have tried this on InterbankFX.com website...I can't even get a candlestick chart in real time from this website."

"I have this software, it works, but it will not work the way it's stated, you still have to examine the chart in other ways. And it's always off by 3-5 pips on its estimates."

The Big Question: Does The Forex Killer Work? (Make Money!!) 

I next looked at comments about making money with the Forex Killer

Conclusion 2: the Forex Killer has had mixed results. Some people profit from the Forex Killer and some people do not. It seems that the Forex Killer can help you make decisions if you already know a bit about trading forex.

Here are comments about making (or losing) money using the Forex Killer:

"One major failure it had was the EUR/USD slide just recently, it stated a buy when everything else screamed sell, so be very careful, and just like any system, you should always only ever use it to help make your own educated decision."

"I have been using forex autopilot for about 3 weeks. It has done about 6 trades averaging 180 per trade and one 960 while I was sleeping. On a 1m euro/usd metatrader4 demo account. It seems promising. I haven't taken it live yet but plan to in the next week."

"I got about it about a month ago, after using it on life and demo I discovered that it can only help one to go bankrupt."

My Conclusions On The Forex Killer By Andreas Kirchberger' 

Based on my research into the Forex Killer, I have decided that:

1) The Forex Killer can help knowledgeable forex traders earn profits.

2) Less experienced forex traders, or people uncomfortable with computers, may have difficulty taking advantage of the Forex Killer.

The important thing I learned is that the key reason a forex product will succeed or fail is YOU. If you educate yourself and know how to use tools properly, you can make a profit in the forex market, but there is no shortcut or easy way to get around the learning curve.

Which Forex Product Will Help You Most? 

The Forex Killer is simply a tool. I have tried to point out that the efficacy of the tool depends on the user, you.

If you are a forex trading master, I'm sure you can use almost any halfway decent tool to make money.

The most important thing to invest in is YOU and YOUR FOREX EDUCATION. You can not "lose" if you are investing in yourself.

I highly recommend a learning tool such as the The Forex Power Strategy Course.

Click here to read my detailed review of this course.

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