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FOXITRADE

Marshall Islands|2-5 years|
Suspicious Scope of Business|High potential risk|

https://foxitrade.com

Website

Rating Index

Contact

+1 (715) 814-3959
info@foxitrade.com
https://foxitrade.com
Trust company complex, Ajeltake Road Ajeltake Island, Majuro MH96960, Marshall Island

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FOXITRADE · WikiFX Survey

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FOXITRADE · Company Summary

General Information

FOXITRADE is an allegedly online forex and CFD brokerage and investment firm registered in the Republic of the Marshall Islands and regulated by the National Futures Association (NFA), claiming to provide its clients with the worlds most widely-used MetaTrader4 platform, leverage up to 1:100, floating spreads on a variety of financial instruments, as well as 24/7 customer support service.

Market Instruments

FOXITRADE advertises that it offers a wide range of trading instruments in financial markets, including all forex major currency pairs, to all precious metals, oil, indexes, energies, commodities and futures.

Leverage

The maximum leverage ratio provided by FOXITRADE is up to 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Through the demo FOXITRADE MetaTrader4 account, we found the spread for EUR/USD pair was floating around 2 spreads.

Trading Platform Available

When it comes to trading platforms available,FOXITRADE gives traders the worlds most trusted and popular MeatTrader4 platform, available on Desktop, iPhone and Android terminals. MT4 is the latest state-of-the-art and multifunctional trading platform, known for its user-friendly and highly customized trading interface, offering advanced charting and analysis tools, copy and auto-trade options and more. While with the MT4 mobile app, trading can be done from anywhere and at any time through the right mobile terminals including iPhone and Android.

Trading

Deposit & Withdrawal

FOXITRADE claims to accept deposits and withdrawals with Bank Wire and credit/debit cards like Visa and MasterCard. Please note if you transfer with Bank Wire less than the minimum amount of $100, your trading account will be credited and disabled for trading. The broker says it does not charge any withdrawal fees, but banks may charge some withdrawal fees. As for the processing time of deposit and withdrawal requests, the deposits are said to be instant, excluding Bank Wire. While withdrawals with Bank Wire, it usually takes at least 2 working days for the funds to reach your account within the SEPA zone. Other than that, it requires 5 working days and it may take longer due to internal bank producers. By contrast, withdrawal with credit/debit cards, it usually takes 5-7 working days to process.

Customer Support

FOXITRADEs customer support can be reached through phone: +17158143959, email: info@foxitrade.com or send messages online to get in touch. Company address: Trust company complex, Ajeltake Road, Ajeltake Island, Majuro MH96960, Marshall Island.

Broker Information

Company Name

Foxitrade Limited

Abbreviation

FOXITRADE

Regulatory Status

No Regulation

Platform registered country and region

Marshall Islands

Company website
Phone of the company
  • +1 (715) 814-3959

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YouTube

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Company address
  • Trust company complex, Ajeltake Road Ajeltake Island, Majuro MH96960, Marshall Island

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • info@foxitrade.com

Company Summary

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