Are you acting also as an exchange ? Or your software operates in exchanges using the trading algorithms?
Hello,
No we are not an exchange. Our trading algorithm is currently working on Meta Trader 4 providing signals for Binary Options.
It’s why now we want to expand our service and upgrade our platform for provide signals for Forex and Cryptocurrencies.
We’ll also offer an Autotrading service, to allow user to copy all investment that we make 100% hands-free, based on crypto exchanges API’s (like Kraken, Poloniex, Bifinex, etc.)
I see, so autotrading via major exchanges API's using your algorithms. Basically the user logs in your app and connect to the exchange they will operate in to leave the program in 'auto-trading' mode. Will you offer different algorithms based on the users capital ? Or your strategies would be profitable for users whether they invested $100 or 10k?
Yes it`s going to work exactly how you described it!
But remember, Autotrading service is only available to the users that contributed more than 0,5 ETH. In the future, this service is going to be a paid service buying FXT tokens. And also the number of the users are going to be limited.
Answering the question of the amount of capital, yes all users will have the same trading strategies, but each user is going to be able to choose the size of the entry, we will recommend this size depending on the size of the account, anyways you can change it depending if you are an aggressive trader or more conservative.
Regards,
Fox Trading Team
I also had the same thoughts as the above asked.
And your answer has made me think. I think my answer has been answered.
I suppose this is an idea, a Forex project based on blockhuain ethereum is excellent.
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