InvestingFox
Basic Information
Pros and Cons
Pros
- Offers various trading instruments
- Available demo accounts
- Flexible leverage options
- Utilizes the MT5 platform
- No deposit or withdrawal fees
Cons
- Lacks regulatory oversight
- Wide spreads on trading instruments
- High minimum deposit requirements
- Withdrawal processing issues reported
- Customer service response times vary
Is InvestingFox Safe and Legit?
InvestingFox, registered in Slovakia since 2015, has approximately 8 years of operational experience. The broker offers a range of trading instruments including forex, commodities, indices, CFD shares, and ETFs on the MT5 platform, with leverage of up to 1:30 and spreads starting from 0.01 pips.
InvestingFox operates without valid regulatory oversight, which raises concerns regarding its safety and legality for potential investors. The lack of regulation suggests a high level of risk associated with trading through this broker.
In the market, InvestingFox has garnered mixed reviews, with users highlighting issues such as high minimum deposits and wide spreads. Customer service has been described as adequate, but feedback indicates some challenges with withdrawals and transparency. Overall, there are frequent complaints regarding the broker’s lack of regulation, which contributes to a negative perception in the trading community.
Is InvestingFox a Regulated Broker?
What Are the Regulatory Licenses Held by InvestingFox?
InvestingFox operates without valid regulatory oversight, which raises concerns regarding its safety and legality for potential investors. The broker does not hold any mainstream or offshore licenses, indicating a lack of regulatory framework that could protect traders. This unregulated status contributes to a high level of risk associated with trading through this broker, as potential investors are advised to proceed with caution due to the absence of any regulatory authority overseeing its operations.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| No Regulation | No Regulation | InvestingFox | Not Applicable | Not Applicable |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
InvestingFox does not hold client funds in independently regulated bank accounts, which raises concerns about the protection of trader assets. As it operates without any regulatory oversight, there are no specific rules regarding segregation of client funds from the broker’s own assets, increasing the risk for investors.
InvestingFox Leverage
InvestingFox offers a maximum leverage of up to 1:30. This leverage is applicable to retail clients, and the broker operates without any regulatory licenses that would dictate the limits. Thus, the actual leverage aligns with the broker’s operational practices rather than local regulatory requirements.
InvestingFox Withdrawal Review
How to Contact InvestingFox?
InvestingFox has received mixed reviews from users, with common complaints focusing on withdrawal issues. Many traders express difficulties in processing withdrawals, alongside concerns about the transparency of the process. Credible sources of these complaints include online trading forums and review sites. The broker’s handling of complaints appears adequate, but response times can vary, leading to frustration among users. There are indications of repetitive complaints concerning withdrawal delays. However, there are no public records of regulatory penalties or warnings related to these issues, reinforcing the perception of high risk associated with this unregulated broker.
Frequently Asked Questions
A1: InvestingFox operates without valid regulatory oversight, which raises significant concerns about its safety and legality for potential investors. The absence of regulation indicates a higher risk for traders, and caution is advised when considering this broker.
A2: InvestingFox does not hold any regulatory licenses, either mainstream or offshore, which means it operates without the protections that regulatory oversight typically provides. This lack of regulation contributes to a high level of risk associated with trading through this broker.
A3: InvestingFox does not hold client funds in independently regulated bank accounts, which raises concerns regarding the protection of trader assets. The absence of regulatory oversight means there are no specific rules regarding the segregation of client funds, increasing risk for investors.
A4: Users have reported difficulties with processing withdrawals from InvestingFox, alongside concerns about the transparency of the withdrawal process. While the broker’s handling of complaints is described as adequate, response times can vary, leading to frustration among traders.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.