Fox Binary Signals Review
Fox Binary Signals is a recent binary system that comes with relevant signals in order to help traders make the right decisions. Can their signals make a difference? Read our detailed analysis to find it out!
There is a group of traders that got together to develop a binary signal system that is meant to provide high quality solutions for anyone enthusiastic about binary trading. And the final product is Fox Binary Signals, a recent binary options trading system that gets recognition on the internet. Maybe it is a unique chance to get familiar with a trustworthy signal provider that may hit the binary industry? Maybe we are watching how a binary trading system is growing from a recently launched system to a reliable and popular product? Does Fox Binary Signals really work? You will find it out in our review, since we are always watchful and try to keep our readers informed about any new product that pretends to make them rich.
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations
– The system is compatible with MT4
– The binary trading robot is fully automated
– Clients can use the system with an existing account
– The client has to reveal his PayPal account info
– There are no proven positive results
– There are negative comments from the customers
Not Reliable Service
What is Fox Binary Signals?
Fox Binary Signals, as its title suggests, provides trading signals that should help you predict the market movements much easier. The application operates on MetaTrader 4, probably the most well-known Forex trading system that one might deal with. It is worth mentioning that this fact surprised us, but we believe there is a downside of this as well: there are very few reputable brokers today that deal with MT4. Generally, they develop their own platform or choose a more professional one. The fact that our binary trading system works only with MT4 limits the capability of clients to register a live account with a professional broker that might offer safe conditions for making transfers.
Whenever you pick a signal provider, make sure it includes at least a few reputable brokers in their list. Regardless of how genuine the signal provider seems, if the broker is suspicious, it will be difficult for you to succeed.
How it works?
Fox Binary Signals comes with notifications according to the clients’ preferences and their algorithm. The signal provider has been examined for months and was shown to offer a typical 4-5 trading opportunities each day. The currency pairs are continually supervised and examined for a potential trend reversal. Traders who have registered with this signal system will get live signals or alerts whenever a position was opened. The developers of this product state that it may generate 85% from the total investments. Sadly, there is no proof that this figure is real. The system has not shown its potential yet.
One of the great points of this system is that you can join Fox Binary Signals and utilize your existing account. You don’t have to register and choose a new broker. The only thing is that your current account has to be based on MT4, which is a previously mentioned condition.
Another big advantage is that the system is totally web-based, which means you don’t have to make any downloads. It is also available for smartphones, for both iOS and Android operating systems.
However, despite all these advantages, we don’t think the broker is clean. For example, you have to show your PayPal info when registering with the system. Its standard membership fee is 45 euro monthly, or you can go for a one-time payment of 245 euro and use the system forever. It is quite suspicious because the system may exploit your PayPal account and get your funds without your knowledge. We don’t suggest our readers to register with this system.
Final Conclusion: is Fox Binary Signals a scam?
It is too early to make a final conclusion about Fox Binary Signals, but we feel there are many things that make this system suspicious. For the moment, we cannot provide materials that would demonstrate the broker is a scam, but we can’t recommend it to our readers as well. This binary system still does not have many positive reviews, which make us wonder if it is worth trying. Once the system was not proven to work, we won’t recommend it to any trader.
Our detailed research discovered that this binary system may not be secure. The advertised returns are much higher than the real potential of this system. We would like to see more positive results from this binary trading system.
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