Fox Trading review
Fox Trading is a Multi-Assets Trading Platform with over 184+ Assets
Fox Trading is a multi asset platform with 184+ tradable Assets. Assets available on Fox Trading include Forex trading, Share Dealing.
Fox Trading trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Share Dealing are considered financial assets.
Features of Fox Trading
- Virtual Portfolio, or what is commonly known as a Demo Account
- Fox Trading offers Advanced Financial Chart comparison tools
- Fox Trading offers Research-backed analysis on financial markets and investments from top analysts
- The Fox Trading platform is available to use on multiple devices including and online through a Web Browser.
- Fox Trading offers a trading platform with tools for both New Traders and Seasoned Experts
- Fox Trading users benefit from using the Fox Trading platform in over 15 different languages
Fox Trading review
What you should know
Fox Trading offer two ways to trade: Forex trading, Share Dealing. The assets and products available to you on the Fox Trading trading platform depends on the region of the world, you are in and the Fox Trading entity you have an account.
With Fox Trading you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Fox Trading platform.
Fox Trading are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Fox Trading safe?
When considering Fox Trading for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Fox Trading, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years Fox Trading have a head office in Cyprus.
Fox Trading is not regulated. This means Fox Trading are not supervised by any regulatory bodies.
Fox Trading withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Fox Trading are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Fox Trading are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Fox Trading and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Fox Trading has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Fox Trading will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Fox Trading, you can enjoy peace of mind and focus on your trading activities.
Your capital is at risk
Is my money safe with Fox Trading?
All payments made to Fox Trading by traders are securely held in a segregated bank account.
Fox Trading uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Fox Trading use them?
Fox Trading partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Fox Trading clients' funds.
Fox Trading clients can have greater confidence in their financial security when working with a Tier 1 bank because Fox Trading are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Fox Trading deposited in a Tier 1 bank?
Depositing funds with Fox Trading ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Fox Trading were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Fox Trading is a secure and safe platform.
Please be aware that trading in financial assets with Fox Trading carries a risk of loss. Fox Trading trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Fox Trading emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Fox Trading, let's closely examine its features.
To better understand the Fox Trading trading platform, you can create two separate accounts - one with real money and the other a Fox Trading demo account. A Fox Trading demo account provides a risk-free environment for experimenting with the Fox Trading platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Fox Trading trading decisions.
Open a demo account Visit Fox Trading
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Fox Trading as a Company Compare Against Other Brokers
Broker | foxtrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Cyprus | Australia | Belize | Cyprus, UK |
Regulation | Unregulated | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ Fox Trading users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | No | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit Fox Trading | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
Fox Trading review
Fox Trading Pros and Cons
Fox Trading review
Fox Trading Regulation and Licensing in more detail
The online broker Fox Trading is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with Fox Trading, you may not receive adequate help or recourse.
- Unregulated
Is Fox Trading Global?
Yes, Fox Trading is global as Fox Trading is available in over 194 countries.
Fox Trading is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Fox Trading covers include the UK, Germany, South Africa, Thailand, China and Australia. Fox Trading has a total of more than 10,000 users.
Fox Trading review
Fox Trading Fees Explained
- Fox Trading doesn't charge withdrawal fees.
- Fox Trading does charge a fee for inactive accounts.
- Fox Trading doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Fox Trading are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Fox Trading Costs To Check
Modern brokers like Fox Trading provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Fox Trading may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Fox Trading trading profitability.
How Fox Trading Fees Compare Against Other Brokers
Broker | foxtrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 0 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
Fox Trading Minimum Deposit
Fox Trading does not require a minimum deposit when opening an Fox Trading trading account.
In the trading world, brokers like Fox Trading, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Fox Trading Withdrawal Fees
Fox Trading doesn't charge withdrawal fees.
Fox Trading Withdrawal rules may vary across different brokers when it comes to transferring funds from your Fox Trading or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Fox Trading may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Fox Trading withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Fox Trading. Researching and comparing Fox Trading withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Fox Trading funds frequently or dealing with large sums of money. Awareness of these Fox Trading fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Fox Trading funds.
For example, Fox Trading allows you to withdraw your funds to Debit Cards, VISA, MasterCard, PayPal, Cryptocurrency via CoinPayments, FOXT token.
Fox Trading Inactivity Fees
Fox Trading does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Fox Trading terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Fox Trading fees and services. It's recommended that you check the Fox Trading website before signing up. If you decide to close your Fox Trading account, it's important to do so with the Fox Trading broker customer support and obtain confirmation that no remaining Fox Trading fees are due.
Brokers like Fox Trading must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Fox Trading Deposit Fees
Fox Trading does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Fox Trading Commission Fees
Fox Trading does charge commission on CFD instruments.
Brokerage firms like Fox Trading may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Fox Trading trading account level held by the trader.
Fox Trading may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Fox Trading terms and conditions to understand the commission fees and any other charges that may apply is essential.
Fox Trading review
What can you trade with Fox Trading?
It's essential to note that the trading instruments offered under the Fox Trading brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Fox Trading trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Fox Trading over 184 instruments in fact.
If you want to trade currency pairs on global Forex markets, Fox Trading offer over currency pairs.
Fox Trading Compared To Other Brokers
Compare Fox Trading with IC Markets and Roboforex below.
How Fox Trading Trading Options Compare Against Other Brokers
Broker | foxtrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 184 | 2250 | 12000 | 6000 |
Platforms | Automated Trading, Web, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | No | Yes | Yes | Yes |
Energies | No | Yes | No | Yes |
Agricultural | No | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Fox Trading
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
Fox Trading review
Trading on Fox Trading web platforms and other applications
Fox Trading provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
Fox Trading also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Fox Trading's platformsIs the Fox Trading Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Fox Trading trading platform to protect you on PC and mobile Fox Trading platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Fox Trading web trading platforms.
Fox Trading Trading Platform Options
Fox Trading does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Fox Trading offers its custom trading platform developed and tested in-house. The Fox Trading trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The Fox Trading platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With Fox Trading, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Fox Trading platform, including news and quotes. Discover possible trades with the strong charting tools found with Fox Trading. Fox Trading is available as downloadable applications or online through the cloud. Monitor your orders with Fox Trading and receive breaking news in your positions.
Fox Trading Trading benefits
- Fox Trading Low min deposit
Fox Trading Trading Accounts Offered
Below we give an overview of the account types that Fox Trading offer. Whatever you are looking to trade, the varying Fox Trading account types will be able to provide you with what you need.
- Fox Trading Demo account
- Fox Trading Standard account
Can I try Fox Trading?
Fox Trading provides a demo account that enables individuals to explore trading before investing their funds. By creating a Fox Trading practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Fox Trading demo account can help individuals to make informed decisions before investing their money.
Open a demo Fox Trading account to practice and trade.
Your capital is at risk
Fox Trading withdrawal and funding methods
It's essential to remember that the payment methods provided by Fox Trading vary based on the Fox Trading entity and the Fox Trading client's country of residence. To view the Fox Trading payment options available, you can log into your Fox Trading member's area.
Fox Trading offers various funding payment methods listed in your Fox Trading dashboard if available in your region. To learn more about the Fox Trading funding and withdrawal options available in your area, you can explore the Fox Trading website.
Fox Trading provides several payment methods for funding your Fox Trading account. You may utilize any of these deposit options if they are available in your region. Fox Trading ensures that users have multiple payment methods to choose from, making it more convenient for verified Fox Trading account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Fox Trading user's location. learn more about Fox Trading funding and withdrawal methods.Fox Trading Payment Methods
Some Fox Trading payment methods are local and are available only to specific regions. Fox Trading account holders should check which payment methods are provided in your region.- Fox Trading accepts Debit Cards
- Fox Trading accepts VISA
- Fox Trading accepts MasterCard
- Fox Trading accepts PayPal
- Fox Trading accepts Cryptocurrency via CoinPayments
- Fox Trading accepts FOXT token
Broker | foxtrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | No | Yes | No | Yes |
Paypal | Yes | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available Fox Trading and other broker payment methods depend on the clients country of residence.
How can I start trading with Fox Trading?
To open a trading account with Fox Trading, individuals can sign up on the Fox Trading website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Fox Trading account validation and making a deposit. Once completed, Fox Trading users can download the trading platform of their choice.
It's important to note that Fox Trading requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Fox Trading maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Fox Trading trading platforms is available on their website.
Your capital is at risk
Performing trades with Fox Trading
When using Fox Trading, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Fox Trading have a max trade of varies.
Fox Trading, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Fox Trading can be useful for traders starting or with limited capital.
Like other brokers, Fox Trading margin requirements can differ depending on the traded instrument.
CFD Trading on Fox Trading
We will show you an example of the basics of using Fox Trading leverage.
CFD trading on Fox Trading allows traders to speculate on the price movements of various financial instruments against the broker Fox Trading, without actually owning real assets. With CFDs, Fox Trading traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
Fox Trading provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, Fox Trading leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Fox Trading trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Fox Trading leverage magnifies both profits and losses in trading.
Trading CFD trades on the Fox Trading platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced Fox Trading traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education Resources at Fox Trading
Fox Trading offer educational resources which include Blogs. Please bear in mind that these resources provided by Fox Trading do not guarantee any results when trading. When we checked on the Fox Trading website, these educational resources were not available in every language. Also some financial instruments mentioned in any Fox Trading educational resources may not be available in your region.
To trade effectively with Fox Trading, it's important to have a good understanding of the Fox Trading trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Fox Trading and externally.
Fox Trading . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Fox Trading. Familiarizing yourself with the Fox Trading trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Fox Trading. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Fox Trading involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Fox Trading, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Fox Trading. Explore the Fox Trading platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Fox Trading, before live trading.
Customer Support at Fox Trading
As part of our Fox Trading review, we review customer service options, response times and problem resolution effectiveness on the Fox Trading trading platform. The Fox Trading trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Fox Trading Available Support Types
Based on our experience, we have given Fox Trading a D grade for customer support. We encountered some slow response times or Fox Trading queries that were left unanswered.
Compared to other brokers, Fox Trading offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
Live chat support supports a limited amount of Languages.Livechat Support at Fox Trading
Our team tested the live chat support of Fox Trading and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested Fox Trading support services in various countries and languages and found that Fox Trading were able to effectively resolve our customer issues.
Email Support at Fox Trading
Fox Trading does not offer Email Support.
Phone Support at Fox Trading
Fox Trading does not offer Phone Support.
See how Fox Trading Support Compares Against Other Brokers
Broker | foxtrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Fox Trading | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Fox Trading
As Fox Trading is regulated by Unregulated.
As a new client of Fox Trading, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Fox Trading in your region. During the Fox Trading account opening process, you will be asked to provide Fox Trading with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Fox Trading have the following documents available.
- Fox Trading require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Fox Trading compliance. This must be dated within the last six months.
- If you plan to fund your Fox Trading account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Fox Trading platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Fox Trading Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Fox Trading's platform.
However, remember that you won't be able to make trades on Fox Trading until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Fox Trading KYC compliance process as soon as possible to avoid any delays in accessing the Fox Trading platform's features.
It is important to note that Fox Trading may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Fox Trading platform and features immediately. However, you must pass the verification process to start live trading with Fox Trading, which can take up to a few business days.
To start the process of opening an account with Fox Trading you can visit the Fox Trading trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://foxtrading.io/ on December 19, 2024.
Watch this Fox Trading Explainer Video
Is Fox Trading A Good Broker?
We have spent over 5 years examining Fox Trading in depth. Although we found some very useful aspects of the Fox Trading platform that would be useful to some traders. We feel that a alternative to Fox Trading may better suit you.
- Fox Trading have a good track record of offering Forex trading, Share Dealing.
- Fox Trading has a history of over 16 years.
- Fox Trading has a reasonable sized customer support of at least 10.
- Fox Trading are regulated by the Unregulated. Fox Trading is subject to strict regulatory oversight from its respective jurisdiction, which holds Fox Trading (the broker) accountable for misconduct. This regulatory framework helps ensure that Fox Trading operates fairly and transparently and provides Fox Trading customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Fox Trading.
- Fox Trading have regulation from reputable regulators.
- One of the advantages of using Fox Trading is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Fox Trading are particularly important as Fox Trading traders want to receive their money quickly. With the efficient Fox Trading payment processing system, traders can enjoy faster access to their Fox Trading funds.
- Fox Trading have an international presence in multiple countries. Including local Fox Trading seminars and training.
- Fox Trading can hire people from various locations in the world who can better communicate in your local language.
Fox Trading Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Fox Trading not quite right?
If after reading this Fox Trading review, Fox Trading does not fulfill your needs check out these Fox Trading Alternatives.
Click here to view the best Fox Trading Alternatives
We have spent years researching the best alternatives to Fox Trading. Click the links below to learn more.
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Related Fox Trading Vs Comparisons
Throughout our comprehensive Fox Trading review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Fox Trading against other popular brokers in the industry, check out our Fox Trading Vs pages. Our team has compiled a series of detailed Fox Trading comparison articles, pitting the Fox Trading platform against some of the best-rated Fox Trading competitors in the market. Dive into our informative Fox Trading Vs pages below to find out how Fox Trading stacks up against other leading brokers.
- FoxTrading vs ICMarkets
- FoxTrading vs Roboforex
- FoxTrading vs eToro
- FoxTrading vs XTB
- FoxTrading vs XM
- FoxTrading vs Pepperstone
- FoxTrading vs AvaTrade
- FoxTrading vs FPMarkets
- FoxTrading vs easyMarkets
- FoxTrading vs SpreadEx
- FoxTrading vs FxPro
- FoxTrading vs AdmiralMarkets
- FoxTrading vs ThinkMarkets
- FoxTrading vs FXPrimus
- FoxTrading vs Trading212
- FoxTrading vs ForexMart
- FoxTrading vs Eightcap
- FoxTrading vs ForTrade
- FoxTrading vs InteractiveBrokers
- FoxTrading vs Forex.com
- FoxTrading vs IG
- FoxTrading vs Robinhood
- FoxTrading vs Coinbase
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Fox Trading review
FOX TRADING Frequently Asked Questions
Read our detailed Fox Trading FAQ Section updated for 2025.
Can I try Fox Trading?
Fox Trading offer a demo account so you can try the Fox Trading platform with virtual trading before you put down a payment. Virtual trading with Fox Trading is zero risk. Learn more here
What funding methods do Fox Trading accept?
Please note that the list of payment methods below depends on the Fox Trading Entity and the client's Country of Residence.
Fox Trading offer the following funding payment methods Debit Cards, VISA, MasterCard, PayPal, Cryptocurrency via CoinPayments, FOXT token, among other payment methods.
Learn more here
Is Fox Trading safe?
Fox Trading have over 10,000 users. While Fox Trading may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Fox Trading accounts by traders are held in a segregated bank account. For added security,Fox Trading use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Fox Trading is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Fox Trading unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Fox Trading trading good?
Fox Trading is considered good and reputable to trade with Fox Trading. Fox Trading is used by over 10,000 traders and Fox Trading users. Fox Trading offers Forex trading, and Share Dealing trading. Minimum deposit with Fox Trading is 0.
Is Fox Trading trading Legit?
Fox Trading was founded in Cyprus in 2008. Fox Trading has been facilitating trade on the financial markets for over 16 years. Fox Trading offers clients Forex trading, and Share Dealing trading. All funds deposited to Fox Trading are held in segregated bank accounts for security. Fox Trading is not regulated. Although this doesn't mean Fox Trading are awful, we recommend trading with regulated brokers.
Is Fox Trading a good broker?
Fox Trading allows Forex trading, and Share Dealing trading. Fox Trading is overseen by the top tier financial regulators Unregulated so can be considered a good broker.
Is Fox Trading trustworthy broker?
Despite any potential benefits associated with Fox Trading, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like Fox Trading, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.
What is the minimum deposit for Fox Trading?
The minimum deposit to trade with Fox Trading is 0.
How long do Fox Trading withdrawals take?
Withdrawing money from Fox Trading processing time varies depending on the method but averages 1-5 days.
Is Fox Trading regulated?
Fox Trading is not regulated by a top tier financial regulator.
Is Fox Trading a market maker?
Fox Trading is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with Fox Trading?
When opening a trading account with Fox Trading, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Fox Trading trading platforms, you can follow the link provided below: Learn more about signing up with the Fox Trading trading platform here. This will provide useful information and insights into the various trading platforms offered by Fox Trading, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Fox Trading?
Yes your money is safe with Fox Trading.
Overall, strict financial regulation is essential for ensuring that trading platforms like Fox Trading operate fairly, transparently, and responsibly, which ultimately benefits all Fox Trading stakeholders involved.
Trading platforms like Fox Trading must have strict financial regulation for several reasons:
- Protecting Fox Trading Investors: Strict financial regulation ensures that investors who use the Fox Trading trading platform are protected against fraudulent or unethical behavior by the Fox Trading platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Fox Trading platform.
- Maintaining Fox Trading Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Fox Trading trading platform. Regulatory procedures reduce the likelihood of the Fox Trading platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Fox Trading Transparency: Regulations require trading platforms like Fox Trading to maintain detailed records and disclose Fox Trading client information. Financial regulatory requirements enhances transparency and helps to build trust between the Fox Trading platform and its investors.
Fox Trading is regulated by the Unregulated. When selecting a broker such as Fox Trading, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Fox Trading ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Fox Trading.
Is Fox Trading a con?
While we would not say that Fox Trading is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.
Can you make money with Fox Trading?
Although traders have had great success with Fox Trading, trading on the financial markets with Fox Trading is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Fox Trading have fees?
Fox Trading doesn't charge withdrawal fees. Fox Trading does charge a fee for inactive accounts. Fox Trading doesn't charge deposit fees.
When was Fox Trading founded?
Fox Trading was founded in 2008.
How many people use Fox Trading?
Fox Trading is used by over 10,000 registered Fox Trading users.
What is Fox Trading Headquarters country?
Fox Trading has its head quarters office in Cyprus .
Does Fox Trading offer negative balance protection?
Fox Trading does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Fox Trading offer guaranteed stop loss?
Fox Trading does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Fox Trading allow scalping?
Fox Trading does not offer scalping.
Does Fox Trading allow hedging?
Fox Trading does not offer hedging.
Does Fox Trading offer CFD trading?
Fox Trading offers CFD trading.
Does Fox Trading offer STP?
Fox Trading does not offer STP trading.
How many people use Fox Trading?
Fox Trading is used by over 10000 Fox Trading users and traders.
Is Fox Trading an ECN broker?
Fox Trading does not offer ECN trading.
Does Fox Trading offer a demo account?
Fox Trading offers a demo account.
Does Fox Trading offer an Islamic account?
Fox Trading does not offer Islamic accounts.
What are the funding methods for Fox Trading?
Please note that funding methods and options available with Fox Trading can be found in the Fox Trading Members area and depend on the Fox Trading client’s country of residence. Please check your specific available payment methods on the Fox Trading website. Fox Trading accept the following funding methods : Debit Cards, VISA, MasterCard, PayPal, Cryptocurrency via CoinPayments, FOXT token.