Warning: Is FoxNewsTrade a Scam?

Warning: FoxNewsTrade (foxnewstrade.org) Analysis

Be cautious of FoxNewsTrade (foxnewstrade.org); it exhibits several indicators of a fraudulent scheme.

We found that the company name is Canoodle Solutions Ltd, it is located at Suite 305, Griffith Corporate Centre Beachmont, Kingstown, St. Vincent & Grenadines, the phone number is '+442030972588, and the support email is support@foxnewstrade.org.

FoxNewsTrade presents itself as a financial platform, but it appears illegal by any major authority, such as the FCA or SEC.

Victim of FoxNewsTrade?

Are you unable to access your funds from FoxNewsTrade? Fill out the inquiry below to consult our cyber-forensics team for a no-obligation assessment.

Is FoxNewsTrade Legit?

FoxNewsTrade runs without supervision.

Trading with unregulated firms is very unsafe. Trusted firms are always registered with bodies like the SEC, ASIC, or FCA to ensure consumer safety.

FoxNewsTrade operates without this protection. As a result, there is no safety net if they keep your funds. Many online scams involve unregulated entities, and recovering funds from them is challenging without professional assistance.

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

Warning Signs of FoxNewsTrade

Online trading fraud is evolving. Criminals use psychological tricks to steal your savings. Here are common tactics used by brokers like FoxNewsTrade (foxnewstrade.org).

Pig Butchering & Romance Scams

"Pig Butchering" is a common tactic where scammers build trust over weeks. They build a romance on social media. Eventually, they mention a special crypto opportunity. It is a lie to get you onto a fake platform .

Rigged Platforms

Scammers build websites that look exactly like legit trading apps. You see graphs and balances that increase. But it is a fake. The scammer manipulates the prices to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Cold Calling: You get calls from "brokers" out of the blue.
• No License: The firm has no authorization.
• High Returns: They promise huge profits or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
• Aggressive Sales: "Account managers" push you to deposit more.

Ignore fake reviews. Scammers frequently write their own positive comments to look legitimate.

Verdict

FoxNewsTrade is unsafe. It is likely a scam. Protect your money and use a regulated broker. Avoid foxnewstrade.org at all costs.