The Broker's Website - Https://fox-markets.com/, Has Been Closed.
Overview Of Fox Markets
Founded In 2017 And Headquartered In Saint Vincent And The Grenadines, Fox Markets Offers Traders A Wide Range Of Trading Tools Through Its Unregulated Platform. With Account Types Adapted To Different Trading Needs And Utilizing The MetaTrader 4 (MT4) Platform, Fox Markets Aims To Provide Convenient And Professional Trading Services. However, Due To The Lack Of Regulation, Traders Need To Carefully Consider The Possible Risks Before Conducting Trading Activities.
Is Fox Markets Legal?
Fox Markets Is Not Regulated. Please Note That Fox Markets Operates Without Any Effective Regulation, Which Means A Lack Of Oversight From Established Financial Regulators. Traders Should Exercise Caution When Considering Choosing This Broker, As Trading With An Unregulated Entity Like Fox Markets May Come With Various Risks. These Risks Include Limited Dispute Resolution Avenues, Potential Concerns About The Safety And Security Of Funds, And A Lack Of Transparency In The Broker's Operations.
Trading Tools
Fox Markets Offers A Wide Range Of Trading Tools, Including Forex, Commodities, Metals, Indices, And Cryptocurrencies.
In The Forex Market, Traders Can Trade Over 40 Currency Pairs.
For Commodity Markets, Fox Markets Offers Access To Exchange Traded Funds (ETFs) Covering Commodities Such As Coffee, Sugar, Corn, Wheat, Soybeans, And Fruit.
In The Precious Metals Market, Traders Can Explore Contracts For Difference (CFDs) And Commodity Exchange Traded Funds (ETFs) Covering Precious Metals Such As Gold, Platinum, Palladium, Silver, And Currency Pairs Such As Gold/USD And Silver/USD.
Index Markets Offer A Portfolio Of Stocks In A Particular Market Or Industry.
The Cryptocurrency Market Offers Attractive Opportunities For Investing And Trading, Including Cryptocurrencies Such As Bitcoin, Ethereum, And Litecoin.
Account Types
Fox Markets Offers Four Types Of Accounts: Demo, Sub, STP, And Expert.
Demo Accounts Are Designed For Beginners To Practice Trading Without Taking Real Risks, Allowing Them To Learn From Their Mistakes And Successes.
Sub Accounts Offer Leverage Of Up To 1:500, Making It Possible For Traders To Make Huge Gains Without The Risk Of Major Losses.
STP Accounts Offer Ultra-fast Execution And Competitive Spreads By Routing Trades Directly To Liquidity Providers.
Finally, Expert Accounts Are Tailored For Experienced Traders With A Personalized Plan Tailored To Their Specific Needs And Strategies, With A Minimum Deposit Amount Of $100,000.
Leverage
Fox Markets Offers A Maximum Leverage Ratio Of 1:500 For Sub-accounts, STP Accounts, And Expert Accounts.
Spreads And Commissions
Fox Markets Offers Different Spreads And Commissions Across Its Account Types. Sub-accounts Do Not Charge Commissions, With Spreads Starting From 1.2 Pips, While STP Accounts Also Do Not Charge Commissions, With Spreads Starting From 1 Pip. Expert Accounts, On The Other Hand, Charge A $5 Commission, With Spreads Starting From 0.1 Pip.
Deposit And Withdrawal Methods
Fox Markets Offers A Variety Of Deposit And Withdrawal Methods. Users Can Deposit Funds Into The Account And Make Withdrawals As Needed. Fox Markets Works Exclusively With Major Professional Payment Service Providers And Banks. In Addition, Deposits And Withdrawals Of Cryptocurrencies Are Also Accepted.
Trading Platform
Fox Markets Offers Its Trading Platform MetaTrader 4 (MT4). The Platform Combines A User-friendly Interface, Customizable Rich Features, And Premium Trade Execution. Traders Can Place Orders, Manage Positions, And Develop Automated Trading Strategies Tailored To Individual Preferences And Trading Styles.
Trading Tools
Fox Markets Offers Cent Accounts, STP Accounts, And Expert Accounts, All Of Which Allow The Use Of Expert Advisors (EAs). Fox Markets Provides Traders With Cutting-edge Tools Including Depth Of Market (DoM), Built-in Spread Monitoring, Step Trading, And Automatic Position Squaring With Custom Order Templates, Among Others.
Customer Support
Cent Account, STP Account, And Expert Account Users All Enjoy 24/7 Support And Personalized Customer Advisor Services. For Assistance, Customers Can Contact Fox Markets Via Email To Info@fox-markets.com For General Inquiries And Information, Or To Support@fox-markets.com For Assistance With Specific Support-related Questions.
