This review looks at a self proclaimed trader with his 50 pips a day strategy.AndyW LTD at andywltd.com is the site which we are talking about here. Andy believes that he will be able to provide 50 pips to his followers every day and with minimal risk. In addition to this, he is reassuring his clients that he is a professional trader who has been in this game for the last 11 years. If this is true, we will easily find out. If it is not, then it’s going to be very difficult for this man to consistently produce the alleged 50 pips per day.
By the way, this review is going to look at every aspect of his trading history and anything else that can be deemed pertinent to this review. This is a signal service. It is owned and managed by AndyW Limited. The site was established in 2015. AndyW Limited does not tell us where their head office is based at. However, traders can still contact the site owner in 3 different ways. They can use email, phone number or through Skype, all of which has been provided on the homepage of AndyW Ltd. So once you finish reading this review and you feel like more questions are lingering into your mind, you can easily contact the vendor on their site to clarify.
To gain access to the service that is offered at AndyW Ltd, clients are supposed to follow the instructions which are highlighted on the homepage. To get AndyW Ltd’s 50 pips a day strategy, traders are advised to simply download the app that AndyW Ltd is offering to immediately start receiving his trades. This app can be downloaded after a user has signed up on the website.
The reason Andy believes that he is qualified to provide this service is because he is allegedly providing top quality education, trading signals and a win rate of 84%. In addition to that, the site tells us that Andy trades all sessions. This means that traders from all across the globe may be able to use his signals without the worry that comes with living in different time zones and missing out trades simply because you are not alert in Andy’s most active trading hours.
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Also, this app is already in the app store. When we look at the feedback, we realize that it’s not a very popular app for that matter. There are a couple of reviews, some rating it 5 star and others 1 star. This is an indication that the app is currently not being utilized by many people. Does this mean that AndyW Ltd is a bad product altogether. It is hard to tell. It may mean that Andy has not properly marketed his product. Or it could be a bad product, which is why it is not getting any feedback. Whatever the case, only time can tell.
Also, if you’re going to use AndyW Ltd signals, you will need to place trades on your own. This is far different from a Forex robot that places trades on your behalf when you don’t have time or the knowledge to do that.
He is basically selling Forex signals in a downloadable app. The strategy is called 50 pips a day. He trades all pairs in all time frames. At first sight, there is no upfront pricing revealed on the homepage of the website. So we assume that possibly there will be some sort of up sell or premium service behind the operation.
It appears that this signal service simply choose to work like this. So we will lead you based on assumption because they are not quite upfront about their pricing. But if you have used this service before, you can drop your comments below for us to gain insights on what the pricing for this service is.
AndyW is a one man operation show. So the burden of managing this signal operation rests upon his shoulder. And if it’s a one man show, the condition for successful operation should be that the person in charge is an experienced trader who can efficiently handle the operational aspects of this business while at the same time sending out quality signals in accordance with the alleged win rate.
AndyW has published his story on a certain section of the website where he explains why he is part of the 5% successful traders who are using the 50 pips a day trading strategy. He claims that he was so successful that he decided to become a Forex trading mentor.
It is also important to note that outside this website, there is no information about Andy. So it is really difficult to believe that he is part of the 5% successful Forex traders.
Since Andy claims that he has been trading the Forex market for the last 11 years, we’d like to see his trading accounts and third party information about his trading activities. It is quite weird that despite this vendor having or claiming to have 11 years of experience, nothing can be verified with regards to his trading experience.
AndyW Ltd has published something in his performance page. This type of presentation is quite disappointing. This is not necessarily a new thing in the Forex marketplace. Many vendors are not able to prove that they are real traders with real experience. But they of course market their products aggressively to make clients believe they are truly experienced in trading.
What we are presented with is a daily, weekly and monthly trading graph which shows total pips for the respective months which Andy W ltd has been trading. This is quite disappointing because the numbers can’t be verified. They could easily be fabricated by the vendor. In other words, they can’t be used as proof of performance.
AndyW Ltd has failed to verify their alleged 11 years of trading with proof. We are skeptic because AndyW Ltd does not give us reasons to believe his 50 pips a day strategy. Therefore, stick to these robots.
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