Verified purchaser
Love the calls, but not so much the execution part
The calls I receive from this tool are excellent, and I appreciate the setup with target pricing, stop loss, and everything.
However, executing all these orders takes too much time. I understand the founder mentioned that he won't develop this for auto-trading or as a copy trading platform. Unfortunately, I can’t commit 5-10 minutes ten times a day at random intervals to set everything up.
The founder's proposed solution is to integrate with Altrady, where he offers a 10% discount using the Fox Signals referral code. According to the founders of Fox and Altrady, this could reduce my time per trade to about 1 minute. Still, I don't have the time to pause my day up to ten times for effective use of the app's calls.
As a result, the signals become quite useless to me since I have both work and social commitments. Also, this situation effectively turns my lifetime deal into a monthly $25 subscription.
I also receive notifications whenever a target price is reached, which is great for users who are constantly in front of their phones and computers. However, for me, getting up to 50 notifications a day while I’m working, sleeping, or socializing isn't practical.
An open webhook would significantly improve my ability to use these signals using automation tools purchased here on AppSumo as lifetime deals. But I understand that this would eliminate the referral commission Fox Signals potentially receive from my monthly $25 Altrady subscription.
Great for full-time traders, but not as suitable for casual traders. I rate the calls 5 tacos for their quality, but only 1 taco for execution, leading to an overall rating of about 3 tacos.
Fox_Signals_AI
Oct 19, 2024Hi,
Founder here!
Unfortunately, we cannot offer an auto-trading or copy-trading solution due to legal restrictions in many countries. Only verified brokers are authorized to provide such services, typically charging a commission of up to 15% of your earnings. This isn’t free, and it falls outside our expertise. We focus on delivering insights, not trading bots, and have never promised such a solution. It’s like walking into a car wash and asking for a paint job.
That said, we are planning to launch a social trading platform next year, which could be perfect for those looking for a more hands-off approach (haha). Perhaps you’ll be interested!
Regarding trading terminals like Altrady, Cornix, or other alternatives, they come highly recommended. Hundreds of users already use them or trade directly on exchanges because they see the real value in our signals. Adding a $17 monthly fee for a terminal is a small price, especially when you can easily earn $300 daily.
As for execution time, with Altrady’s ready-to-use presets, it takes less than 10 seconds to place a trade. Even without a webhook, it’s still very manageable.
Regarding commissions as you claim, I’m clarifying this to avoid any misunderstandings: Fox Signals has never received any commission from Altrady. For instance, if I recommend Binance, it doesn't mean we take a commission from Binance. What if we integrate Cornix or 3Commas tomorrow? Would that imply we're earning commissions from them as well? No, it wouldn’t. We've managed to secure a 10% discount for our users, but that doesn't mean we're taking commissions. This point was addressed weeks ago, stating that we are not affiliated with any platform. Perhaps there was a misunderstanding, and that's okay, but you should have asked for clarification first.
I hope this clears up any misunderstanding, and I sincerely appreciate your recognition of the quality of our services.
Cheers!