Warning: Is FoxiTrade a Scam?

Review: FoxiTrade (foxitrade.com)

Be careful of FoxiTrade (foxitrade.com); it exhibits multiple indicators of a scam.

We found that the company name is Foxitrade Limited, it is located at Trust Company Complex, Ajeltake Road Ajeltake Island, Majuro MH96960, Marshall Island, the phone number is '+17158143959, and the support email is info@foxitrade.com.

FoxiTrade appears to be a financial provider, but it is currently unregulated by any credible authority, like the ASIC or CySEC.

Cannot Withdraw from FoxiTrade?

If you believe you have been scammed by FoxiTrade, act immediately. Submit the form below to talk to our investigative team for a free assessment.

Regulatory Check: FoxiTrade

Our check shows that FoxiTrade is missing a valid license.

Trading with unregulated entities is very dangerous. Trusted firms are must be authorized with agencies like the SEC, ASIC, or FCA for your protection.

FoxiTrade operates without this supervision. This means there is no safety net if they keep your funds. Many online scams use unregulated actors, and recovering money from them is difficult without expert help.

For example, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In America, they are not part of regulatory bodies, meaning your capital is completely exposed.

Warning Signs of FoxiTrade

Investment fraud is getting smarter. Fraudsters use social engineering to steal wealth. Below are common tactics used by sites similar to FoxiTrade (foxitrade.com).

Dating App Scams

"Pig Butchering" is a cruel method where scammers groom victims over months. They build a romance on social media. Once trust is built, they introduce a special investment. It is a lie to get you onto a scam site like FoxiTrade.

Fake Trading Dashboards

Scammers create websites that mimic legit trading apps. You see graphs and balances that go up. But it is a fake. The broker controls the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The firm has no authorization.
• Guaranteed Profits: They promise 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Aggressive Sales: Agents push you to deposit more.

Do not trust positive ratings. Fraudulent brokers frequently write their own 5-star reviews to look legitimate.

Conclusion

FoxiTrade is unsafe. It is likely a scam. Save your funds and find a licensed broker. Avoid foxitrade.com at all costs.