Webfox

WikiFX | 2024-10-28 18:04

Abstract：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.

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