Fox trader (from foxtrader.in) is a charting software for stock traders in India.

This Fox Trader review will give you insights into the trading software and let you know whether it’s a viable tool for trading.

We start this review by highlighting markets which are supported by this charting too.

These include MCX, BSE, NSE-Cur, NSE-FO and NSE-CM.

Order types include Planned orders, Cover order, multi-leg order, bracket order and normal order.

Developer believes that they’re redefining market analysis through beautiful visualization where users can view conventional charts, market profile as well as order flows.

In addition to this, Fox Trader has an easy strategy testing feature which lets users scan and backtest their strategies.

The developer claims that they give 300+ case studies in addition to 200+ signals and multiple ways to analyze past data.

On top of that, Fox trader lets traders automate their strategies easily using the application’s native API.

The developer says orders will be executed in a fraction of a second.

Parameters that can be automated include order quantities, stop levels and trailing stops.

Real-time market scanner has been included and multiple time-frame analysis is also a possibility.

If you don’t want to undergo the hustles of charting to see where the market is going, you can consider trading Forex using these highly recommended tools.

Is Fox Trader Legit?

To know whether or not this charting tool is legit, we need to see past performance data of people who have used it and how it has helped them.

The vendor has not posted any trading results at this time.

However, they’re showing us some “testimonials” on their website from people who allegedly found Fox Trader helpful.

It’s very hard for me to authenticate these reviews because there’s no way to.

The alleged buyers or users cannot be traced for independent investigations.

The testimonials are not accompanied by any social media profiles where these users can be found for interogation.

Nonetheless, Fox Trader has also included a 15 day free trial of their charting software.

They believe 15 days of free trial will be sufficient enough for traders to make up their mind.

My advice is that when a software vendor is offering trial and you have the time to test their product, please start with the trial as long as it’s free.

Most importantly, you should focus on trials where vendors don’t ask for credit card info upfront.

Should you buy a license of Fox Trader charting software?

This charting software comes in various packages and prices depending on which markets you want to trade.

Prices are quoted in Indian Rupees. So I will convert them for you here.

NSE/BSE…………… $129

NFO……………….$326

NCF…………….$190

MCX…………….$317

NSE/BSE……… $217

  NFO………… $272

 NCF……………….$158

MCX……… $264

At the time of writing this Fox Trader review, the vendor was giving a 26% yearly discount.

Also, it’s not clear whether these prices are paid on a monthly or annual basis.

Conclusion

There are many charting software in the market currently and Fox trader is just one of them.

The best thing to do is to try the demo and see how it goes. If you believe that the software is good after 2 weeks of trial, you can upgrade.

But obviously the experience of someone else with this product will be different from yours.

Personally, I would have loved it if the developer was using it to trade for themselves a swell.

Thanks for reading this Fox Trader review.