Score

1.14 /10
Danger

FoxMngt

United Kingdom

1-2 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index4.15

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FoxMngt · Company summary
FoxMngt Basic Information
Company Name FoxMngt
Founded 2003
Headquarters United Kingdom
Regulations Not regulated
Products and Services Forex, Stocks, Commodities, Cryptocurrency
Trading Platforms Windows MT4, Android MT4, iOS MT4
Account Types Micro, Premium, Standard, VIP
Customer Support Phone: +49 (0)8586-9732628, Email: contact@foxmngt.com
Education Resources Blog with market insights, analysis, trading strategies, and updates

Overview of FoxMngt

FoxMngt, founded in 2003 and headquartered in the United Kingdom, operates as a financial services provider offering a diverse range of trading options including Forex, Stocks, Commodities, and Cryptocurrency. While not regulated, the company offers trading through popular platforms like Windows MT4, Android MT4, and iOS MT4, accommodating traders of all levels. With account types ranging from Micro to VIP, FoxMngt caters to a wide range of trading preferences. Their commitment to customer support is evident through their availability via phone, email, and a physical location in London. Moreover, their educational blog equips traders with market insights, analysis, and trading strategies, empowering them to make informed decisions in the ever-evolving financial landscape.

Overview of FoxMngt

Is FoxMngt Legit?

FoxMngt operates without regulation, indicating a lack of oversight from recognized financial regulatory authorities. Traders should proceed with caution when contemplating trading with an unregulated broker like FoxMngt, as this could entail limited options for dispute resolution, potential safety and security risks concerning funds, and a lack of transparency in the broker's operations. To ensure a safer and more secure trading experience, traders are advised to conduct thorough research and carefully consider a broker's regulatory status before engaging in trading activities.

Is FoxMngt Legit?

Pros and Cons

FoxMngt offers a diverse array of trading options, spanning Forex, Stocks, Commodities, and Cryptocurrency, catering to a wide range of investor interests. The availability of popular trading platforms such as Windows MT4, Android MT4, and iOS MT4 enhances accessibility and convenience for traders. Additionally, the provision of multiple account types allows for customization based on individual preferences and expertise levels. However, the lack of regulatory oversight may give rise to apprehensions among some traders, and the limited disclosure of company background and regulatory compliance could potentially deter those seeking greater transparency. Moreover, while customer support options are available, they may not be as comprehensive as those offered by regulated firms.

Pros Cons
  • Diverse range of trading options including Forex, Stocks, Commodities, and Cryptocurrency.
  • Lack of regulatory oversight may raise concerns for some traders.
  • Availability of popular trading platforms like Windows MT4, Android MT4, and iOS MT4.
  • Limited information provided about company background and regulatory compliance.
  • Multiple account types catering to different trading preferences and expertise levels.
  • Customer support options might be limited compared to regulated firms.

Products and Services

FoxMngt offers trading services in forex, stocks, commodities, and cryptocurrencies, enabling clients to trade and invest in various financial markets.

Products and Services

Here is a comparison table of trading instruments offered by different brokers:

Broker Forex Metals Crypto CFD Indexes Stocks ETFs
FoxMngt Yes Yes Yes No No Yes No
AMarkets Yes Yes No Yes Yes Yes No
Tickmill Yes Yes Yes Yes Yes Yes No
EXNESS Group Yes Yes Yes Yes Yes Yes No

Account Types

FoxMngt offers a range of account types, including Micro, Premium, Standard, and VIP, each tailored to different trading needs and expertise levels.

Account Types
Account Types

Trading Platforms

FoxMngt offers MT4 platforms for Windows, Android, and iOS, enabling traders to access the markets across various devices with ease.

Trading Platforms

Customer Support

FoxMngt offers customer support via phone at +49 (0)8586-9732628, email at contact@foxmngt.com, and at their location in Royal Panopticon, Leicester Square, London WC2H 7LU, UK.

Customer Support

Educational Resources

FoxMngt provides educational resources through its blog, offering valuable insights, market analysis, trading strategies, and updates to help clients enhance their trading knowledge and skills.

Educational Resources

Conclusion

In conclusion, FoxMngt presents itself as a versatile platform offering a diverse range of trading options across Forex, Stocks, Commodities, and Cryptocurrency, complemented by user-friendly trading platforms and multiple account types to cater to varying trader preferences. Despite these strengths, the lack of regulatory oversight may raise concerns among potential investors, compounded by limited disclosure of company background and compliance information. Additionally, while customer support is available, it may not match the depth offered by regulated firms. Nevertheless, for traders seeking a wide array of options and flexibility, FoxMngt remains a viable choice, provided they carefully consider the associated risks and take proactive steps to mitigate them.

FAQs

Q: What financial markets does FoxMngt offer trading opportunities in?

A: FoxMngt provides access to a variety of financial markets, including Forex, Stocks, Commodities, and Cryptocurrency, enabling clients to diversify their investment portfolios.

Q: How can I access the trading platforms offered by FoxMngt?

A: FoxMngt offers user-friendly trading platforms such as Windows MT4, Android MT4, and iOS MT4, allowing clients to trade conveniently on their preferred devices.

Q: What types of accounts does FoxMngt offer?

A: FoxMngt offers a range of account types, including Micro, Premium, Standard, and VIP, catering to traders with different levels of experience and trading preferences.

Q: Is FoxMngt regulated?

A: FoxMngt operates without specific regulatory oversight, which may raise concerns for some traders. However, the company prioritizes transparency and strives to provide a secure trading environment for its clients.

Q: How can I contact FoxMngt for assistance?

A: FoxMngt offers various customer support channels, including phone, email, and a physical location in London. Clients can reach out to the support team for assistance with inquiries, account management, and technical support.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

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