Frequently Asked Questions — Fox Trading
Fox Trading is a multi-device platform that provides high accuracy signals and auto-trade services for Forex, Binary Options and Cryptocurrency trading https://foxtrading.io/
Trading Signals
How are the signals from Fox Binary Signals generated?
We developed a trading algorithm that is working with outstanding results since 2016. Our trading bot places trades directly on the MetaTrader platform and trades are immediately copied to the server to reach all users through our platforms. This system ensures that you receive the signals at the exact moment of execution.
How can I use the signals?
You can place it manually, but we recommend use Fox AutoTrading so you don’t miss any opportunity.
How I can check the results of your signals?
For us, the most important thing is the transparency and honesty with users. So we create the Results page to allow users see all trades sent by the robot since 2016 with time and entry/exit price - https://foxtrading.io/results
What is the success rate of your service?
The goal is that you can get constant and stable profits as seen in the evolution of our results. We will never trade more than necessary, or assume a lot of risk. For us the key is to maintain a constant level of benefits. Not every day we can win (that’s trading!) but we seek close every month with positive balance.
Until now, our binary options bot have an accumulated accuracy over 85%, so it means in long term you should get the most from your investment.
What are the reentry signals?
Our trading system search potential market reversals. Sometimes an expiration of 5–10 minutes is not sufficient for this to be true, which is why if a first trade is lost, we place a new order with the same expiration and 2.3 times higher investment. Thanks to this trading method, our traders have achieved around 85% of profitable entries.
In what currencies do you generate signals?
We invest only in the major currency pairs EURUSD, EURJPY, GBPUSD, USDJPY, NZDUSD, USDCAD, USDCHF, AUDUSD.
Which time you trade?
24/5, no weekend as Forex market is closed.
How many signals do you sent per day?
An average of 40–60 per month, so every day you can expect 2–3 signals but this always depend on market conditions, since bot stop trading during financial news or any other event that affect volatility.
How much is recommendable to invest on each signal?
We recommend small trades with ~3–4% (no more than 5%) of the account balance. For reentry trades, we increase that amount by 2.3 times.
In general, trading in binary options carries a high level of risk and can result in the loss of all of your investment (note: less likely case with our AutoTrading if recommendations are followed). As such, binary options not be appropriate for all investors. You should not invest money that you cannot afford to lose. Fox Signals doesn’t retain responsibility for any losses as a result of using our services.
AutoTrading
What do I need to use Fox Signals AutoTrading?
You only need to sign-up on the website selecting an AutoTrading Plan and have a valid account with one of compatible brokers. It means a Regular one on Spectre.ai or a compatible trading account with binary options on Deriv.com.
Note: BTC account on Deriv won’t work with small trade size (more than 2 decimals it’s needed), so it is preferable to use ETH or USDT for crypto accounts.
Can I use Fox Signals with DEMO accounts?
No. Fox AutoTrading doesn’t work with DEMO accounts. It is not possible to link DEMO account for Spectre, however technically possible for Deriv, so If you first link your DEMO account, later you’ll need to re-link again our service with Deriv/Binary when you open a REAL account to get trades there. Follow ‘RELINK IT HERE” link on the Deriv/Binary section at Fox Trading platform.
Do I have to send funds to Fox Trading platform?
No, you don’t have to send or deposit anything on Fox Trading platform. You have to fund your broker account and connect the platform with it, so you will have full control over your funds since you hold it on your accounts.
Do you offer a free trial for AutoTrading?
Yes, limited on trade size (currently 20$ per trade). So, if you would like to increase trading size choose one of the available plans - “Silver”, “Gold” or “Platinum”.
How can I link my account to the platform?
Easy. You will need to push “Link Account” button on the selected broker page which redirect you to the broker’s website and ask to log-in & give read/trade access to the Fox Trading platform bot.
What I need to configure to start getting signals copied on my account?
Once your account is linked you just need to select trade size. Everything is done, close the site and just wait for the next signal!
Can I switch-off “Reentry” option?
Yes, but we don’t recommend it since your trading strategy is based on two trades per signals (price reversal approach) and all calculations and results displayed on the platform are using it. Anyways, you can do it on the AutoTrading page of the selected broker - simply select “Enable/disable reentry trade”.
Are the systems 100% automatic?
Yes, don’t have to worry about anything. Just wait for the following signals and start making money while you are sleeping!
How commission payment are handled?
You don’t have to worry, it’s automated process directly over each trade we place for you. So all profit you see on your account is yours and commission already paid. Note: We do take our commission only from “win” results !!!
Which brokers are supported for Fox AutoTrading?
Deriv.com and Spectre.ai for now.
How much balance I need to start Auto Trading?
There is no minimum required, but we recommend starting with a minimum deposit of $200–300 because of the risk of investing in binary options and to face small losses that can occur in some situations. This is a usual amount to open a new account with the leading brokers.
What is the minimum trade size?
10$ is the minimum trade size for both brokers.
What is recommended trade size?
3–4% of your initial balance and fix that amount, in this high volatility trading it is not recommended doing active money management, so keep the same trade size for a long run until you can get reinvest or withdraw some profit.
Subscription
How I can register to your service?
You just have to access our website, click on any of the Subscribe buttons and fill out the form with your information.
Do you offer a free trial?
Yes, of course! We want to give you some time for testing the effectiveness of our signals and thus adapt you to our trading system.
What payment methods do you accept?
Fiat via PayPal, crypto via BitPay and FOXT token as a direct payment on the platform.
What type of subscription do you offer?
We have four plans - “Free”, “Silver”, “Gold” and “Platinum”. You can find details of each plan at the platform - https://foxtrading.io/services or Medium article - https://foxglobaltrading.medium.com/price-plans-revision-get-your-free-access-to-foxt-services-2161be8e3692
Can I use AutoTrading for both brokers with one subscription?
Yes, with one subscription you can use both brokers at the same time with the two AutoTrading services and independent settings.
Can I unsubscribe at any time?
Yes. At any time you may unsubscribe to our service without any further commitment. Of course, you may subscribe again.
Regards,
Fox Trading Team.
