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No Regulation
Score
1.73 /10
Danger
Webfox
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.37
Risk Management Index0.00
Software Index7.73
License Index0.00
Open Account
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
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-11-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| 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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