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Fox Markets

Severe riskForex / CFD broker
🇻🇨 Saint Vincent and the Grenadines · 5-10 years · since 2020-04-15 · Fox Markets Ltd
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
3 reviews ›
0
Licenses ›
1
Withdrawal issues ›
—
Min. deposit ›
1-400
Max leverage ›
2
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: StandardSTP
▲ 67% positive▼ 33% negative
Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from Fox Markets? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
Fox Markets operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing. We’ve logged 1 complaint(s) from United States.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • Withdrawal complaints in ~33% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration808%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFox Markets Ltd
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2020-04-15
Years operating5-10 years
Employees0
Official websitefox-markets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
Standard1-400----10 $✓
STP1-400----5 $✓

Review analysis AI

Fox Markets operates from Saint Vincent and the Grenadines with no regulatory oversight, resulting in a high scam risk score of 75/100 from our assessment. The lack of transparency regarding spreads, fees, and the entity's actual founding date further reduces trustworthiness. Traders should exercise extreme caution and consider fully regulated alternatives for their capital.

Best for
  • Traders seeking high leverage up to 1:400
  • Traders who prefer the MetaTrader 4 platform
  • Traders looking for a variety of account types including demo and cent accounts
Not for
  • Regulation-sensitive traders
  • Traders needing FCA/CySEC oversight
  • Traders who require negative balance protection or investor compensation schemes
Period:
What users complain about
What users praise
Where reviewers are from
United States1
Malaysia1
Colombia1

Real user reviews

Where Fox Markets operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇩🇪 Germany
🇺🇸 United States 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Fox Markets says about itself as stated by the broker · not independently verified by FXCanary

About Fox Markets

According to its website, Fox Markets was 'founded by traders, for traders' and aims to provide a 'one stop shop for all your trading needs.' The broker claims to offer 'competitive pricing and ultra-fast execution, whilst providing a vast product range and great customer support.' It emphasises that traders can trade 'safely and successfully' on its platform.

Account Types

The broker states that it offers a variety of account types, including Demo, Cent, STP, and Expert accounts. From our records, the Standard and STP accounts both offer maximum leverage of 1:400. The website invites users to 'Apply Now' or join via the registration link, suggesting a straightforward account opening process.

Trading Instruments and Platforms

Fox Markets claims to provide a 'diverse range of financial instruments' including forex, commodities, metals, indices, and cryptocurrencies. The broker states that traders can access these instruments through the MetaTrader 4 (MT4) platform, a widely used trading platform. The site highlights 'tight spreads and transparent pricing' as key features.

Security and Service

The website positions Fox Markets as a 'high security brokerage' that delivers a 'skilful and effective' trading experience. It promises 'great customer support' and aims to give traders the 'confidence to trade safely.' However, the broker does not provide details on any regulatory oversight or specific security measures on its homepage.

About Fox Markets

Company Overview

Fox Markets is an online trading platform registered in Saint Vincent and the Grenadines, with a founding date of April 15, 2020 (though its own description earlier states 2017). The broker operates under the domain fox-markets.com and describes itself as a trading platform built by traders for traders. It is not regulated by any major financial authority, which is a significant factor for potential clients to consider.

Account Types and Leverage

Fox Markets offers multiple account tiers to cater to different trader preferences. These include a Demo account for practice, a Cent account for low-risk trading, STP (Straight Through Processing) accounts, and Expert accounts for more experienced traders. The known account types from our records are Standard and STP, both offering maximum leverage up to 1:400, though minimum deposit requirements are not specified.

Trading Instruments and Platforms

The broker provides access to a range of financial instruments, including forex, commodities, metals, indices, and cryptocurrencies. All trading is conducted through the MetaTrader 4 (MT4) platform, a popular choice among retail traders for its advanced charting tools and automated trading capabilities. Fox Markets claims to offer tight spreads and transparent pricing, though actual spreads are not disclosed on the website.

Regulatory Status

Fox Markets is registered in Saint Vincent and the Grenadines, a jurisdiction known for not requiring forex brokers to hold a financial services license. As a result, the broker operates without direct oversight from a recognised regulatory body such as the FCA, CySEC, or ASIC. Traders should be aware that this lack of regulation means no formal investor protection schemes or dispute resolution mechanisms are in place.

Target Audience and Accessibility

The broker appears to target retail traders seeking access to leveraged forex and CFD trading. The website is available in English and provides a registration link for new clients. With no minimum deposit requirements stated for the Standard and STP accounts, the broker may appeal to traders with varying capital levels. However, the absence of regulatory oversight makes it more suitable for experienced traders who understand the risks.

Overview compiled by FXCanary from regulatory records and public data. full Fox Markets review