FOXYCRYPTOFX

FOXYCRYPTOFX is a broker registered in the United States, with a registered address at No 2 Galleyway, NB, PORTSMOUTH, NEW YORK. The entity was founded on June 8, 2021, and operates under the domain foxycryptofx.com.

While the broker’s name suggests a focus on both foreign exchange and cryptocurrency trading, specific details about the instruments offered are not publicly available. The broker presents itself as a multi-tiered account provider, catering to a range of deposit sizes.

FOXYCRYPTOFX does not hold any known regulatory licences from recognised financial authorities. According to FXCanary’s records, the broker has no regulators on file, which is a significant consideration for traders prioritising oversight and investor protection.

The absence of regulation means that clients may not have access to compensation schemes or dispute resolution mechanisms typically provided by regulated brokers. Traders should exercise caution and conduct thorough due diligence before engaging with this entity.

The broker offers five account tiers: BASIC, BRONZE, SILVER, GOLD, and PLATINUM. Each tier requires a different minimum deposit, ranging from $250 for the BASIC account to $25,000 and above for the PLATINUM account.

No maximum leverage information is available for any of the account types. The deposit thresholds suggest that FOXYCRYPTOFX targets both retail traders with smaller capital and high-net-worth individuals seeking premium services.

Given the high minimum deposits for the upper tiers (up to $25,000+), FOXYCRYPTOFX appears to cater to experienced traders or those with significant capital. The lack of regulatory oversight, however, may deter risk-averse investors.

The broker’s limited public information makes it difficult to assess its suitability for beginners. Traders are advised to verify all details directly with the broker and consider the risks associated with unregulated entities.