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Company Name
WEBFOX LTD
Company Abbreviation
Webfox
Platform registered country and region
United Arab Emirates
Company website
Company summary
Pyramid scheme complaint
Expose
| WebfoxReview Summary | |
| Founded | 2023 |
| Registered Country/Region | United Arab Emirates |
| Regulation | Unregulated |
| Market Instruments | 20 000+, Forex, Commodities, Metals, Energies, ETFs, Stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | 24/5 support |
| Phone: +971-42886095 | |
| Email: support@webfoxfx.com | |
| Contact Form | |
| Company Address: 1204, Saeed Tower-1, Trade Center First 335-Sheikh Zayed Road Dubai, United Arab Emirates | |
| Regional Restriction | The United States, Cuba, Iraq, Myanmar, North Korea, Sudan |
Registered in Saint Lucia, Webfox is an online trading platform operating without regulation. Webfox claims to provide 20 000+ market instruments including Forex, Commodities, Metals, Energies, ETFs, and Stocks.
Pros & Cons
| Pros | Cons |
| Multiple account types | Unregulated |
| Wide range of tradable products | Non-transparent trading conditions |
Is Webfox Legit?
Webfox lacks valid regulation from notable authorities, which indicates investing in this platform can be dangerous.
What Can I Trade on Webfox?
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ✔ |
| indices | ❌ |
| energies | ✔ |
| stocks | ✔ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ✔ |
Account Type/Leverage/Spread
| Features | Standard | Professional | ECN | Elite |
| Minimum Deposit | $100 | $1000 | $10000 | $10000 |
| Spread | 1.5 pips | 0.8 pips | 0.1 pips | 0 pips |
| Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
| Swap Free | ✔ | ✔ | ✔ | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
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