Foxtreme

Foxtreme is a trading firm established in September 2023 and registered in Saint Vincent and the Grenadines. The company’s registered address is listed at 6th Floor, Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius, though this appears to be a correspondence address rather than its primary jurisdiction.

The broker operates under the domain foxtreme.net and presents itself as a provider of retail forex and CFD trading services. Its business registration in Saint Vincent and the Grenadines places it outside the oversight of major financial regulators, which is a significant consideration for traders evaluating counterparty risk.

Foxtreme is not licensed or regulated by any known financial authority. Our records show no regulatory oversight from bodies such as the FCA, CySEC, ASIC, or any other Tier-1 regulator. The absence of regulation means that traders have no access to investor compensation schemes or formal dispute resolution mechanisms.

While the broker publishes an AML/CFT policy on its website, such policies are standard for companies handling client funds but do not substitute for regulatory supervision. The risk score assigned by FXCanary is 47/100 (Guarded), reflecting the elevated risks associated with an unregulated entity.

Foxtreme offers the MetaTrader 5 (MT5) platform, a widely used trading interface. According to the broker’s site, accounts can be opened with a minimum deposit of $20, and maximum leverage reaches 1:400 for forex CFDs. Tight spreads and zero commission are also advertised.

The broker provides a demo account with $10,000 in virtual funds, allowing potential clients to test the platform. However, independent verification of these trading conditions is not possible without a live account test.

The broker lists Forex, CFDs, and Commodities as its offered asset classes. No specific list of currency pairs, commodity contracts, or CFD products is available from the provided information. The absence of detailed product specifications is a gap that traders should investigate before depositing funds.

The inclusion of casino-related content on the same domain may indicate additional business lines or marketing partnerships, but the core offering remains leveraged trading.

Foxtreme’s website is functional and includes pages for account opening, funding, AML policy, and terms and conditions. Some pages contain garbled text in our crawl, but the live account confirmation page is operational. The broker claims 24/5 customer support.

Social media presence includes Instagram and YouTube, though engagement levels are unknown. The broker does not appear on independent review aggregators, limiting the availability of user feedback.

Foxtreme appears to target retail traders seeking high leverage and low initial deposit requirements. The minimum deposit of $20 is accessible to beginners, but the lack of regulation makes it unsuitable for risk-averse traders. Experienced traders who prioritise regulatory protection are unlikely to consider this broker.

The broker is best suited for traders who fully understand the risks of trading with an unregulated entity and are willing to accept the absence of external oversight.