Warning: Is FoxiTrade a Scam?

Warning: FoxiTrade (foxitrade.com) Analysis

FoxiTrade (foxitrade.com) has been flagged as a potential scam broker.

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 unregulated by any top-tier authority, like the ASIC or CySEC.

Have You Lost Funds to FoxiTrade?

If FoxiTrade refuses to return your money, you need to act. Submit the inquiry below to consult recovery experts for a free consultation.

Is FoxiTrade Safe?

Our check shows that FoxiTrade lacks a valid license.

Investing with unregulated firms is very unsafe. Real firms are always registered with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.

FoxiTrade lacks this supervision. This means there is no safety net if they steal your funds. Most online scams involve unlicensed actors, and getting back funds from them is hard without professional help.

For example, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In the US, they are not members of regulatory bodies, meaning your capital is at risk.

How They Steal Money

Online trading fraud is evolving. Scammers use social engineering to take your savings. Below are common tactics used by brokers like FoxiTrade (foxitrade.com).

Dating App Scams

"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They fake a friendship on social media. Eventually, they introduce a special investment. It is a lie to get you onto a fake platform like FoxiTrade.

Rigged Platforms

Scammers build websites that look exactly like legit trading apps. They have charts and balances that increase. But it is a simulation. The scammer controls the prices to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• No License: The company lacks authorization.
• Guaranteed Profits: They promise huge profits or risk-free trades.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Pressure Tactics: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Scammers often post their own positive reviews to look legitimate.

Final Thoughts

FoxiTrade is not trusted. It appears to be a scam. Protect your money and find a regulated broker. Avoid foxitrade.com at all costs.