Forex Killer is a software package that allows you to create Forex
signals for yourself with just minutes of work a day and is a low risk
system with high returns and is considered to the best home based
business. As you will read in our review it has been developed by a
professional Forex trader, a psychologist and a math professor.
Forex Killer Advantages
Some of the features of this product include that it works in any
country with any broker, can be easily used by professionals and
amateurs alike and works with all common currency pairs available in
Forex. Another feature worth mentioning is that this product works
with all platforms used for trading Forex, because it is a standalone
application. It can be used anywhere at any time, it is reliable and
consistent. All programs purchased will have free upgrades for life.
This is an application that the creators still use to trade in the
Forex market.
These are just some of the features of Forex Killer. A detailed
Forex Killer review on Yahoo Business states that "Andreas
Kirchberger's System is proven to be an easy trading system, allowing
newcomers to enter the Forex Market." Forex Killer was easy to use
right from the start when all you had to do was feed the software with
the market data, hit the 'Calculate' button and place your market
orders according to the software's recommendations. This is no rocket
science, right?
Well, today, the system is even easier to use, because a recently
released plug-in app relieves the trader even from this simple task of
feeding data into Forex Killer! The add-on, called Forex Killer
Automater of AutoFxK for short, will grab the currency quotes
automatically from your MetaTrader platform and feed it into Forex
Killer, 100% automatically! By the way - the add-on is FREE with your
ForexKiller purchase!
One more thing we must mention in this review is that there are many
bonuses offered with the purchase of the FK software: the Forex Killer
automater, which we already described above, an exclusive Forex e-
book, a money manager, a risk calculator and a non-farm payroll
strategy. It is also offering a cash bonus to open a Forex trading
account with a Forex brokerage firm. Another recent detailed review of
Forex Killer also indicates that this product doesn't have any monthly
fees to it and you can start trading on any free demo account!
Forex Killer has nothing to do with MLM, Network Marketing and does
not require a website or selling or sending emails or any other
multilevel marketing schemes.
If you are looking for ways to make Forex trading more affordable and
profitable and want to spend less time creating your own signals, then
this is the system for you. No longer will you have to experience the
frustration of missing signals or misreading the signals with this
software. With all the positive reviews and the simplicity and ease of
use of this product, it is little wonder that it is so popular. The
price for the ForexKiller currently stands at under 90 dollars. This
is a very easy system to use with a potential for a great return on
investment. With the addition of the Forex Killer Automater - this
software does it all, what's left for the trader is simply follow the
signals... and count their money!
As much as we like the system this review would be incomplete if we
did not mention some of its shortcomings...
Forex Killer Limitations
a) As good as it is it is not human. It is software, a very well
designed and thoroughly tested software but is only software. I can
not take into account subtle details like economic and political news,
what time of day it is and which markets are closed and which are
still open. Statistically over a long period of time these details
will not have a great impact on your trading results but it is
something to think about
b) Unlike the so-called "Forex Robots" which are completely automated
trading software applications which make decisions and open and close
positions 100% automatically, Forex Killer will only inform you of a
potentially profitable trade. The trader is the one that needs to take
action and execute the trade. This actually may be reviewed just as
much an advantage by those traders (especially beginners) who feel
safer when they know that they have the final say in whether to open a
position or not.
c) The Forex book that comes as a bonus with Forex Killer is really
basic. If you want to learn more about Forex then you'd do good to
find another educational resource on the topic of Forex trading. don't
worry - there are many forex related web sites offering numerous free
or paid Forex education resources online.
d) If you want to use the AutoFxK plug-in then you will need to use
the MetaTrader 4 platform as the plugin only works with this trading
platform. This is not a huge limitation, though, as MT4 is free and
most brokers out there support this platform!
Review Summary
Despite these few shortcomings the conclusion of this review is that
Forex Killer is an excellent signal generator: it is easy to use, well
automated, reasonably well maintained, and, last but not least - quite
affordable!
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