Review on Fox Trading by Benaiah A. Akinlade
FOX TRADING: ELIMINATING SENTIMENTS BY AUTOMATICALLY UTILISING TRADING SIGNALS TO MAXIMIZE YOUR PROFITS
Trading can be a very interesting proposition for many traders but at the same time it can be a trader’s worst nightmare. One element of trading that many people tend to overlook, maybe due to the fact that they find it hard to understand or it’s too time consuming is the aspect of projection of the highs and lows, rise and fall of market prices and elements. There is one element of the market trading space known as “Signals”. This is the feature or element that notifies a trader whether to long or short his or her assets. The Signals also indicate whether there will be a rise or fall in the asset’s prices in the market.
Fox Trading service is an automated asset trading service which is managed by digital bots. The aim of this service is to give you the best possible way to make profits from your investments. It provides signals to traders and can also be set to auto trade on behalf of the investor in Binary options, Crypto and Forex Trading. This trading signal service can be accessed for free on multiple devices.
I find this platform enticing because it eliminates any element of sentiments when trading as the bots utilizes the realistic market trends in decision making. There are no sentiments attached to any decision made by the bots. The bots also make the trading decision to ensure the best possible way for you to make long term and stable profit. You can invest in the following currency pairs such as; EURJPY, USDJPY, NZDUSD, USDCAD, EURUSD, GBPUSD, and USDCH.
The platform has its own native token known as Fox Trading Token (FOXT). It is an ERC-20 deflationary utility token with a total Supply of 8,793,499 FOXT. 1 FOXT is equivalent to 0.008384 USD. You can also Stake your FOXT when you add your personal ETH wallet containing FOXT tokens. It is noteworthy that exchange wallets are not supported on the platform. The following are the supported wallets on the Fox Trading platform:
1. MyCrypto
2. MYETHERWALLET
3. Ledger and TREZOR hardware wallets
4. Trust Wallet
5. Coinomi
6. ImTOKEN
7. METAMASK
8. Coinbase
The platform also comes with different trading Plans and pricing structure which you can subscribe to on a monthly basis or on a One-Time payment structure includes; The Silver Plan, The Platinum Plan, and The Gold plan.
If you have up to 50,000 FOXT, you will be given free platform access to the Platinum plan.
I opine that the Fox trading is a very impressive innovation. The trading bots makes trading decisions in the best interests of the investor with the best way of making the best profit out of your investments without any sentiment. At the same time, there is no investment that is totally risk free, so I implore you to trade responsibly and never invest more than you can afford to lose.
Pros
- The trading signals are free
- The Auto Trading platform is available 24/7
- This Smart Trading platform removes emotional attachments from your trading so that you can get the best possible outcome for your profits
- The platform is available on multiple platforms such as iOS, Web, and Android where you can get notified about every trading news and updates.
- The Binary options bot boasts of an accuracy of over 85%
Cons
- There is still a 15% chance of projections of the binary options bot resulting in a loss for the investor
