Fox Binary Signals Review

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Fox Binary Signals is another binary options trading application that provides traders with autotrader system and relevant signals that leads to higher profits. On their website, Fox Binary Signals promises 85% profitable signals and around 25% monthly gains. This review will check its features and find out whether it is trustworthy binary robot system and worth investing your hard-earned money.

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Fox Binary Signals Review

Fox Binary Signals is a binary options trading platform that traders can use to conveniently and easily predict the market movement. Their application directly operates on MetaTrader 4 platform, which is a well-known Forex trading system. They offer a full autotrading system that is beginner friendly with free trial period. This system requires no software to download in order to receive trading signals. We did not find any information regarding the creators of the Fox Binary Signals. Their website did not provide any information about their company background.

Fox Binary Signals Main Page View

Fox Binary Signals Website

Unlike other suspicious binary options trading system, Fox Binary Signals has a website that provides all the information regarding their services. The homepage has a more professional tone that adds to the credibility of their binary options trading system. Upon accessing their website, you will immediately see what they are offering to their customers. The texts are big to clearly convey what they want to promote. There are even graphs and charts, images and a video to show how their system works. They really placed a lot of effort in making their website look sophisticated and professional at the same time. Also, the website is almost complete, but it didn’t provide any information regarding the creators of the application. In order to establish its legitimacy, customers should know some information about the company.

How Fox Binary Signals Work?

The Fox Binary Signals software is web-based, which means that you don’t have to download the application anymore. It is also available for smartphone and tablet users, for both Android and iOS operating system. Just like any other automated binary options trading system, they provide high probability signals and instant alerts that traders can act upon to get big returns.

Different Types of Signals

Pre-Alert Signal – This is the newest feature. It announces any imminent signal with high or medium probability. According to their website, this pre-alert signal is sent one minute before the signal with the currency pair and direction.

Medium Probability Signals – Since this is just medium probability, there is greater risk to bet on this signal. It has a success rate of 75% or higher using one reentry. This type of signal is designed for traders who want to realize their manual investment daily and get fast profit. It has an expiry of 5, 10 and 15 minutes.

High Probability Signals – Its success rate is 85% using reentry which can generate steady profit. Fox Binary Signals recommend using this high probability signals because this is the only one that they will place in the Myfxbook account and copied automatically with Autotrading.

Fox Binary Signals Features

Placing a Binary Options Trade

Upon signing up for an account, you can receive the signals through the mobile app or the online platform. Logging into the online platform is easy without any complicated process. You just go to the website, login to your account and then go to the Live Signals page. Leave the page open and wait for an alarm to sound.

When you receive the signal, go to your broker through your mobile or online platform. You can also trade directly from MetaTrader4 with a broker that allows it.

On the Live Signals page, you will see a currency pair to trade, the expiration, and the direction Call or Put. You will then use this information to place a trade.

Traders using this platform can open orders when there is a possibility of price reversal. If the operation is lost, Fox Binary can open a new Binary Option in the same direction and double investment.

How Much Does Fox  Binary Signals Cost?

In order to use their system, you would have to pay a certain fee. Fox Binary Signals is currently offering four types of plan with corresponding fees.

  1. Signals Service – This plan offers alerts for manual trading.
  • €40 per month
  • 10 days free trial
  • iPhone and Android app
  • Claims to deliver 85% profitable signals
  • 150 signals per month
  • 24/7 customer support
  1. Autotrading Basics
  • €49 per month
  • 100% automated system
  • Copy all signals automatically
  • Claims to deliver 25% monthly gains
  • Limit trade size of $60
  • Signals service included
  • 24/7 customer support
  1. Autotrading Pro
  • €69 per month
  • 100% automated system
  • Copy all signals automatically
  • Claims to deliver 25% monthly gains
  • Limit trade size of $150
  • Signals service included
  • 24/7 customer support
  1. Autotrading Premium
  • €159 per month
  • 100% automated system
  • Copy all signals automatically
  • Claims to deliver 25% monthly gains
  • Unlimited trade size
  • Signals service included
  • 24/7 customer support

You can pay through Paypal. If you have a Paypal account, you can subscribe for an account without disclosing your financial details. This really works to the advantage of Fox Binary Signals because many people use Paypal.

You have to take note that this is a monthly fee, which may be too costly for you, especially if the system does not guarantee to give you big profits.

Fox Binary Signals Customer Service

They are providing a 24/7 customer support for users having problems with their application. You can also use this service to ask them questions about their services. The Customer Support service is available for all Fox Binary Signals Plan.

Fox Binary Signals Pros and Cons

Pros

1.Compatible with MetaTrader 4

Fox Binary Signals is really trying to upgrade their trustworthiness and credibility level by utilizing the MetaTrader 4. This is a plus because MetaTrader 4 is a reliable Forex trading system. However, there are also some negative issues with MT4, which we will tackle on the Cons section.

2.Success Rate of 85%

Having a success rate of 85% is obviously a good sign. There are other binary options trading software that claim to deliver 97% success rate, which is too unbelievable for experienced traders. This 85% success rate may look good, but there are traders who still say that this is too high and impossible to maintain for a long period of time. Fox Binary Options may be using a highly sophisticated algorithm to come up with an 85% success rate. The company needs to be transparent regarding this issue and show us proof that this number can be maintained with very few losses.

3.Use Your Own Existing Account – Autotrading System

The system allows you to utilize your own existing account. This means that you don’t have to register and choose a new broker. However, your current account must be based on the MetaTrader 4. You only have to setup the system by using the web platform for Binary.com or Expert Advisor for MetaTrader 4 compatible brokers. Their Autotrading system allows all their operation to be copied instantly to your broker.

4.Web-Based System

Fox Binary Signals is web-based, which means that you don’t have to download any applications to your desktop or laptop. All you have to do is get an account and you can already start using their system. This process is faster and more efficient.

5.Provide Daily Signals

It is guaranteed that their system can provide 25 to 40 high probability signals within one month. With daily signals, users can have more opportunities to earn money. They also claim that their system can provide 5 to 7 medium probability signals per day.

6.Mobile App

You can receive instant signal notification with their iOS or Android mobile app. You can download their app on Google Play and Apple App Store. With the mobile app, you can trade on your smartphone or tablet and never miss any new signals.

7.Reentry Trades

Fox Binary Signals claim to achieve its 85% success rate because of this Reentry Trade feature. In every opportunity, they always place a first trade. If the opportunity is lost, they can place a reentry. However, only one reentry is allowed for each signal.

Fox Binary Signals Statistics

Cons

1.Company Behind Fox Binary Signals Remain a Secret

It is difficult to invest on a binary options trading platform if the people behind the software is unknown. The credibility of the Fox Binary Signals becomes questionable because you don’t have any background information about the people who created this system. The company name and the people behind this service still remains a secret until now. If you visit their website, you wouldn’t find any information about their company.

2.MetaTrader 4

We’ve mentioned MT4 as a positive feature for Fox Binary Signals, but it also has its downside. Even though MT4 is a credible trading system, there are very few reputable brokers today that deals with MetaTrader 4. Also, by utilizing MT4, it limits the user’s capability of registering a live account with a professional broker who offers safer conditions for making transfers. Just remember, if the broker is not reliable, it will be difficult for you to succeed in binary options trading.

3.It is Not Cheap

The most basic plan is already €40 per month. Their most expensive Plan has a monthly fee of €159 per month. For most traders in binary options trading, this amount of money is not cheap. Investing money here can be very risky since there really is no absolute proof that their high probability signals can deliver big profits. They also mentioned in their Risk Disclosure statement that they don’t retain any responsibility for any losses as a result of using their services. So joining Fox Binary Signals is still a big risk.

4.Join a Suggested Broker

When you create an account, you have to be willing to join their suggested broker and add a deposit to your trading account. Once again, you don’t have much choice in getting a reliable broker. It is better to make your own research to find out if the suggested brokers are legitimate and reliable.

5.Claims of High Success Rates and Accuracy

With an 85% accuracy rate and success rate, every user should be very happy by now. However, you can still find negative comments, testimonials and reviews about their system and how some users were not able to earn profits. Some traders were able to earn a little bit of profit but it wasn’t as big as what originally promised in their website. You have to put a lot of time and effort before you can make any profit with their system.

Conclusion

It is still too early to provide any concrete conclusion regarding Fox Binary Signals. They provide a very good image of legitimacy and credibility through their nicely polished website. However, it is hard to find any proof that their automated system and secret algorithm can really maintain a high probability signal. If you search the web, you will most likely see a large number of negative reviews and almost no good reviews. This is the reason why I can’t really recommend Fox Binary Signals as a trustworthy binary options trading software for you. I also find their Plans to be very expensive, especially for beginners who want to try out binary options trading for the first time. The only way to gain more profit is to utilize a more trusted robot that really uses a proven system.

If you really want to use a more trustworthy and credible binary options trading system, you should check out OptionRobot.com. They provide an automated system that is considered to be safer and more secure. Go ahead and visit their website to find out more about how you can make more profits using their effective and trusted binary options trading system.

Don’t get scammed! Continue to trusted Binary Option Robot site by clicking on the button below!

Michael Allen Gives Overall Rating:

Author: Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.

Michael Allen Gives Overall Rating: