We want to provide our contributors with a trading service that it’s going to be limited and exclusive. Ensuring that the algorithm of the robot is not used for many people to keep the correct performance and also creating a token that will turn into a good investment, which is linked to the performance of the robot.
With Fox Trading tokens investors can access the exclusive signal service for Forex and Cryptocurrencies, which will be sent through the web dashboard and the iOS/Android app. User will receive notifications with all information about the signals, when our traders place each order. In the dashboard, users will also see the global performance of the robot and the revenue generated by the Trading Pool that they will receive monthly or quarterly.
Fox Trading system is built on one algorithm created by programmers and traders, based on 2 years of results on the Forex industry, which has been renewed and adapted to Forex and Cryptocurrencies trading. The algorithm is based on MetaTrader 4 (main Forex trading platform) and programmed in MQL4. The algorithm provides to our traders team clear market opportunities but they’re the ones who finally validate and execute the orders and send signals to the customers. To completely avoid losing performance on the algorithm, the service is going to be provided to a limited number of customers. The algorithm will also work with an amount destined to Trading Pool.
One of the main advantages for participating Fox Trading ICO is the opportunity to contribute to the Trading Pool and receive dividends. A 15% of the total crowdsale is allocated from the liquidity fund to those then awarded proportionally to the participants. The more tokens you have, the more percentage you will receive. The 75% of the revenues generated by the algorithm will be paid from the Trading Pool to token holders - profits will be paid as a monthly or quarterly fee. The other 25% will be reinvested on the Trading Pool to increase the fund capital and, consequently, also the next benefits that are generated. When a token holder aims more benefits he is able to add funds to the pool to increase his revenues, in that case, they will receive 90% of the profits generated by his funds.
All users of the ICO will have free and lifetime access to the signals service when they hold the tokens. On the other hand, new users will have to buy tokens to access, which will make the tokens unique, and token holders are safe because this demand increases the price of the token. All users will have access to the signals, but the Autotrading Service access promotion will be only for Premium users who buy more than 0.5 ETH of tokens. This VIP or Premium access is given to them with also premium signals, access to future exclusive promotions, extend access to the service. To benefit our investors, this Premium access will be available only during the ICO, after which there will be no more available slots for the sale of this type (they will be able to sell membership).
As we already did in our service for Binary Options, our goal is to offer users an Autotrading platform to be able to copy all our trades in a 100% automatic way. We understand the need of users to be able to follow our performance without to be sitting all day on in front of the computer. That is why, using the APIs that offer the most important exchanges of cryptocurrencies, we are going to develop a tool to be able to generate profits while you are sleeping or enjoying free time. Of course, by also offering trading signals for Forex, the system will be compatible with the MetaTrader platform, the most common for most standard Forex brokers. In turn, due to the current high demand, these brokers have also added the possibility to trade with some of the main cryptocurrencies, offering to trade pairs like BTC/USD or ETH/USD.
Trading signals based on algorithm. Percentage of the benefits of the Trading Pool without adding extra investment. Autotrader service hands-free to copy investments.
Final development of trading algorithm
Desktop platform and app release (BETA)
Launch Autotrading Service (BETA)
Final Platform release
February 7, 2018
Attention. There is a risk that unverified members are not actually members of the team
FOX TRADING is a platform in which a trading robot, created by seasoned experts using a computer program, smartly determines and notifies the user the best time to buy or sell a currency pair. Fox trading is specialized in all aspects of Forex trading and the algorithm (with the supervision of competent traders) sends signals of market opportunities with very high accuracy. The binary signals are executed by a broker automatically, giving users profits as they sleep, work or even drive.
Even though the whitepaper easy to understand, it leaves out a lot of details that would play a huge role in my decision to invest in the platform. It dwells more on how different the ecosystem is from manual trading and the subsequent benefits. The main technical aspects of its profitability, the working of the system and future prospects are missing. So, I will not invest in it.
SummaryWe believe that you should be cautious when viewing ICOs such as Fox Trading. There are a few pieces of important information that was either left out or ignored by the developers. Thus, be careful with this ICO as it has some red flags present.PositivesLow Fees and Security: Fox Trading ensures that users will receive full security and 0% fees when participating in their network.Multi-Platform Service: Users can use Fox Trading through the use of an iOS/Android app or through a desktop.Exclusivity: Fox Trading’s key to success is its ability to only allow a few users onto their platform. Under 200,000 users will be eligible to participate on their network.NegativesLack of Information: There are a few gaps on the whitepaper that have yet to be addressed. This reduces the credibility of this ICO.Uncertainty: No one knows what Fox Trading tokens are used for. They seem to be used just for investing and not any long-term benefit.MVP: We would like to see a working version of Fox Trading. But since the ICO is exclusive to only investors, we’ll have to wait to see if any updates occur in the future.
Fox Trading is a cryptocurrency trading platform with limited information available online so far. The company behind Fox Trading, Fox Binary Signals, launched a binary options trading platform 2 years ago. That platform has 1500 users. There’s an overall lack of information about Fox Trading available online. There’s no whitepaper, for example, and there’s no explanation of the technical details of the platform. Despite the lack of information, Fox Trading seems prepared to launch its token sale for FXT tokens on February 7, 2018. The main ICO, meanwhile, is scheduled for March / April 2018.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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