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Signals Review: AndyW LTD

Today I’m looking at a self-proclaimed professional trader, and his 50 pips a day strategy, AndyW LTD. Andy believes that he can provide traders with daily signals that provide 50 pips a day consistently, with minimal risk. He tells us that he’s been a professional Forex trader for 11 years, so I’ll be taking a look at his trading history and anything else that I deem pertinent to this review.

The signal service is owned and operated by AndyW Limited, and was founded in early 2015. There is no information on the location of the head offices, but traders can get in touch with support in 4 different ways. There is a live chat form at the bottom right-hand side of the page, email at support@andywltd.com, phone via (+44)7414100686 and Skype andy.w19731. After the review, if you have more questions about the service, it looks like you can easily contact the vendor for clarification.

AndyW LTD Review

The process for setting up the Forex signals and getting access to AndyW LTD’s 50 pips a day strategy is outline simply at the top of the page. Traders are told to sign up, download the application and then immediately start receiving trades. Andy believes that his service has an edge over the competition because he provides top Forex education, to trades per day, and an 83.4% success rate on all trades provided.

We are also told that Andy trades all sessions, so it doesn’t matter where you live in the world, there will be signals within your trading session.

In looking closer at the application in the app store, it’s quite apparent that this isn’t the most popular service. There are currently only 2 reviews, with one being a 5 star and the other being a 1 star. This indicates to me, that the service isn’t being utilized by many traders, but that doesn’t necessarily mean that it’s a bad product, just one that hasn’t been marketed aggressively. This is very similar, with many of the signal services I’ve reviewed recently, such as ToolsTrades, 123 Free Signals and FX Leaders.

As is the case with all signal services, traders are required to place the trades on their own. This does not work like a Forex robot that will automatically place the trades on your behalf.

Breakdown

  • Type: Forex Signals
  • Price: App Download
  • Strategy: 50 pips a day
  • Timeframe: Any
  • Pairs: Any

There doesn’t seem to be any price for the signals at first glance, but I’m going to assume that there is some sort of upsell or premium service available within the application. This is generally how signal services like AndyW LTD operate, so I will lead with a bit of an assumption in this matter. If you have tested the service, and you have more information on the pricing, please leave a comment with this information below.

AndyW

The main method of marketing for the signal service rests on the shoulders of one trader, AndyW. This product is advertised, as a one-man show, which makes it very important that this trader is very successful at what he does. There is a page on the website dedicated to his story, which outlines why he is “part of the 5% successful Forex traders using a 50 pips a day trading strategy.” Then, “due to his outstanding results,” he became a Forex Mentor, and is now providing trading signals.

Outside of this product, and website, there isn’t a lot of information about Andy.

I’d really like to see, some third-party information on this trader, as well as some trading accounts that he’s been working with over the past 11 years perfecting his craft.

Trading Results

The trading results section, or AndyW LTD performance page, is quite disappointing. There are 3 different graphs, the daily graph, the weekly graph and the monthly graph. Each of these graphs show total pips per month, total pips today and total pips since the service was launched in August 2014.

The reason I say that this is disappointing, is because these numbers could easily be fabricated. These graphs are not associated with any statement sharing service like FX Blue, and there are no history of actual trades for me to audit and analyze.

It’s possible that the signals are this effective, but there is nothing to prove that they are. The lone customer client review on FPA suggests that these results are not real, and also believes that Andy is not an experienced trader.

Update

It’s been a while since we’ve looked at Andy W LTD’s Forex signal service, so it’s time to revisit.

The website is relatively the same. The trading results haven’t changed either. It’s still the exact same graph, that can be sorted by monthly, weekly, or daily to show how the system has been performing. The issue that we had in the past, still remains, there is no transparency.

In terms of client feedback, there has been a mix of positive and negative reviews. The issue with the reviews left here on Forex Robot Nation, is the fact that when I ask the positive reviews to show me their results, they disappear and never come back.

Until the transparency issue is resolved, Andy won’t be consider as a best Forex signal service.

Conclusion

I don’t want to truly rule out the potential of the AndyW LTD signal service, and his 50 pips a day strategy, but there are aspects in this review that require a healthy level of skepticism. I believe that the vendor will be positively served by providing more transparent trading results hosted on verified statement sharing services, as well as providing more personal trading history.

Thank you for stopping by Forex Robot Nation, and feel free to leave your comments now.

AndyW LTD Signals App Download
  • Pricing
  • Strategy
  • Trading Results
  • Client Feedback
  • Customer Support

Summary

AndyW LTD Signals promise 50 pips per day from a well known trade analyst.

Overall
2.9
Comments Rating 0 (0 reviews)

Pros

Good support
Unique signal app
Promise of 50 pips a day

Cons

No transparency / results
Deceptive client feedback

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

32 comments

  1. I’ve been following Andy for several month but stopped copying his trades, because he’s not profitable.
    There is a big transparency issue in that he focusses on highlighting his wins and doesn’t publish all his losses.
    His decisions are often questionable. I doubt his professionalism.

  2. Seems like our Andy decided to create a Myfxbook after all.
    Amazing results seems like so far! I will signup and try him.
    I tried to paste the link here on my phone but this website won’t let me!
    So I saw his myfxbook account on his website (in the very bottom) at http://www.andywltd.com

    Will keep you posted!
    Oren

  3. Hello I’m with Andy since 1 week his trade are accurate so far and I’m very happy with Andy is good guy. I don’t use his money management strategy Because is a littel bit extreme for me I risk only 1-2% per trade. I think with a big account and a correct money management with Andy signals is possible make a lot of money….

    • Hi Nicola, please provide your trading results.

      • Hello the trading results depends on the money management you use, I use my own strategy for money management is also a long term strategy if there is a loosing strike I don’t blowup the account, Andy is not a trading system he is actual a trader also there can be many different trading results depends on money management strategy and the trades one person take.

      • Hi FRN Team. One clue that all the “positive results” are fake is that they have all been written with poor English grammar. Has “AndyW” no English speaking clients? He sounds East European. His Website over inflates his ego and is trying to be too flashy with no actual substance. All the clues to a scam are there.
        If I was a great FX Trader, I would post my results and offer my tips for success for FREE because I would be making enough from it already.
        Thanks for your work and research.

  4. I’m making money with Andy – monthly and yearly results is what matter. He made 2,000 pips in 2018. if trading a big account, that’s a lot of money.

  5. It only takes 5 minutes to set up a verified account like myfxbook. If I was selling my services, I would do anything to prove reliability, so either 1/ the provider is hiding something 2/ or is technically unable to figure out a simple program.

  6. Andy is a scam artist. He conned me 35k to join hi sauto trader years ago but never traded it. He just ran off with my money and blocked me on social media.

  7. Seems a definite fake/ scam. If he’s been operating for 4 years and has such distorted reviews ; either very positive ( written by himself) or very negative ( written by few others)
    The service is certainly very expensive $5000 for VIP subscription; now who would buy that, without seeing good performance data!
    Why would he put that payment option on his website, without showing performance??
    Youtube video forces people to register details

    Definite scam

  8. This guy can’t even provide a simple myfxbook statement , says that myfxbook can be manipulated NO IT CANNOT and if your trades are honest you have nothing to lose by linking to myfxbook
    DONT TRUST THIS THIEF

  9. Andyw is realistic. He doesn’t lie. A week might go by with losses but he explains and gives a turnaround strategy. Most people are impatient. Judge him by his monthly results. They are always positive.

    • Can we see your results? There’s been quite a few positive comments, but nobody has a verified trading account they are willing to share. I hope you can share your Myfxbook account.

  10. you guys are bullish, AndyW is the only service which really works, finally someone which is not like all the crap out there

  11. All the resukts Andy posts in his performance chart are 100% accurate! I am a VIP and see all trades, Andy is number 1

  12. Hi Tracey, Kang here, I am with Andy for around 4 years now, he just won 200 pips on a single trade on Friday!
    I already replied to that comment above on a different website – it is true it happened but Andy is the best trader ive seen and i tried many, he explaine to me everything about his strategy and he lose some trades but win much more and his long term success is the best i seen online and as i said i tried many services.

    p.s – I sent screen shot prove of his 200 pips wining trade – look the dates and alerts

    God bless,
    Kang

  13. I was a member of Andy about 2 years ago and he was rocking the market! I joined again about 3 months ago and he is still very honest and the best trader ive seen as well a very good person and very friendly.
    Those claims seems ridicules, the guy is talking about few losses but where are all Andy’s Wins? LOL
    He wins a lot more than he losses
    Yours,
    Antonio

    • Glad to hear that Antonio, feel free to provide us with your personal results utilizing a statement sharing provider.

      • has there been any recent statement showing Andy’s WINS as at April? i’m contemplating on signing on his program but also very skeptical now . is there any possibility of seeing a percent Rate of Return (a monthly percentage showing consistence returns),or better still, percentage of drawdowns, or anything. please help

    • I comfirm! What enjoys me, is his money management. He always manage to stay positive at the end of the month.

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