Fox Trader Pro Review – Is Fox Trader Pro Legit?

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Fox Trader Pro DEMO

Fox Trader Pro REVIEW

Summary

Fox Trader Pro is a new breakthrough trend-following trading robot

Read 100% Free Fox Trader Pro Review by Scamorno Team

Details

System Fox Trader Pro
Website URL www.FoxTraderPro.com
Trial Start Trial
Overall Score 9.3/10

FULL REVIEW OF Fox Trader Pro

Are you looking for more information about the Fox Trader Pro software and does it really legitimately help its users generate a regular income from trading through its automated trend trading strategy? This is a Forex expert advisor that does not use high frequency and arbitrage trading, therefore does not face the common problems that many other trading software face such as high slippage resistance. It is design to trend-follow mainly during the NY and Asian sessions. Through its testing period of the last 16 years (since 2004), this expert advisor has passed every single year with a highly advantageous profit/drawdown ratio. It works on a recommended of PC or VPS latency of 100ms maximum.

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Fox Trader Pro - YouTube

How Exactly Does Fox Trader Pro Work?

As a good-trend following system, we have found this  to be very accurate in finding strong trends just before they happen, and also does very well to avoid huge drawdowns caused by unexpected market events. Utilising its proprietary intelligence algorithms for forecasting future trends based on volatility, this EA analyses the markets accurately and does not involve the use of complex patterns and indicators that do not work well anyway.

Recommendations And Settings Of Fox Trader Pro:

Symbol EURUSD
Timeframe M1
Test from 2003
Settings Default or set files
Brokers Broker with low spread and commission, ecn, stp or ndd
Minimum Deposit 2000 usd
Market Entry method Market Order
Tester Method tick by tick

Settings

  • Lot: lot amount with autolot disabled
  • Autolot: Enable autolot or disable it
  • Risk: risk for autolot calculation
  • Magic Number: id for identify Ea orders
  • Spread Allowed: spread limit, over no trade will be open
  • Enable Ma: if true, Enable Ma indicator
  • Primary Ma Periods: Ma Periods for Ma indicator
  • Secondary Ma Periods: Ma Periods for Ma indicator
  • Ma Method: Ma method for Ma Indicators
  • Ma Timeframe: Ma Timeframe for Ma Indicators
  • Monday: Enable trading on this Day
  • Tuesday: Enable trading on this Day
  • Wednesday: Enable trading on this Day
  • Thursday: Enable trading on this Day
  • Friday: Enable trading on this Day
  • Saturday: Enable trading on this Day
  • Sunday: Enable trading on this Day
  • Enable Buy: Enable Buy Trade
  • Enable Sell: Enable Sell Trade
  • One trade for one bar: only one trade for each bar
  • Order Timeframe: Timeframe for Ea First order
  • Max Orders: Maximum number of orders
  • Coeff Sum: Position increase coeff
  • Minimum Distance: Minimum Distance For secondary Positions
  • One Trade Bar Grid: if true, robot can open only one trade for bar for grid orders.
  • Timeframe Secondary Order: Timeframe for secondary Trades.
  • Take Profit: take profit for orders
  • Modify Take Profit for First Order: Use a different take profit for the first order
  • Take Profit for first order: take profit for first order
  • Close only end of bar: close trades only at the end of M1 bar
  • Enable Money Max Loss: Enable Loss Limit in money
  • Every Microlot: Moltiply the amount of “money max loss” x 100 x lot
  • Stop Trading When Hit: Stop Trading when you hit max loss
  • Maximum Monetary loss: Maximum Monetary Loss amount
  • Close Friday: Close all trades on Friday, only if they are in profit, and do not open any others.
  • Close Friday Hour: closing time on Friday
  • Trade Comment: trades comments
  • Broker Utc: Broker utc time (usually 2)
  • Enable News Filter: Switch to false for disable news filter or to true for enable it.
Review Verdict: Fox Trader Pro is a legitimate software that works
 

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Consumer Fraud Alert Regarding Fox Trader Pro

The success of Fox Trader Pro has given rise to many frauds who try to sell their own fake EAs in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Fox Trader Pro, yet the write-up is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://FoxTraderPro.com/Official (link opens in a new window). The official website that they have includes the legitimate EA.

Conclusion about Fox Trader Pro

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