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LAKEFOX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-23 13:34

Abstract: LAKEFOX was established in 2021 and is registered in Hong Kong. It offers traders the opportunity to trade Forex, Metals, Indices, Oil and supports the use of the MT5 platform. It says it does not charge transaction fees, but discloses little information and is not currently regulated.

LAKEFOXReview Summary
Founded2021
Registered Country/RegionHong Kong
RegulationNo regulation
Market InstrumentsForexMetalsIndicesOil
Demo Account❌
Leverage/
Spread/
Trading PlatformMT5
Min Deposit/
Customer SupportPhone: +8651265769413
Email: lakefox@lakefoxcapital.com
Physical Address: Room 603, 6/F, Room135, Building39, Meicheng, Fang, Changqiao Street, Wuz District

LAKEFOX Information

  LAKEFOX was established in 2021 and is registered in Hong Kong. It offers traders the opportunity to trade Forex, Metals, Indices, Oil and supports the use of the MT5 platform. It says it does not charge transaction fees, but discloses little information and is not currently regulated.

LAKEFOX Information

Pros and Cons

Pros Cons
Zero transaction feeNo regulation
Support MT5No account information was provided
There is no specific information on fees
There is no deposit information

Is LAKEFOX Legit?

  LAKEFOX's website was registered in 2021. However, it is currently unregulated.

Is LAKEFOX Legit?
Is LAKEFOX Legit?

What Can I Trade on LAKEFOX?

  The products that LAKEFOX allows traders to trade include 40+ currency pairs or more; Metals include gold and silver trading; Traders can also invest in the world's major stock indices: DowJones, FTSE 100, Nikkei Index, Hang Seng Index, etc; In addition, there are crude oil, such as BRENT-IPE, WTI-NYMEX.

Tradable Instruments Supported
Forex✔
Metals✔
Indices✔
Oil✔
Stocks❌
Bonds❌
ETF❌
What Can I Trade on LAKEFOX?

LAKEFOX Fees

  LAKEFOX said there are no transaction fees for trading precious metals and small spreads for trading forex. But it did not elaborate.

LAKEFOX Fees
LAKEFOX Fees

Trading Platform

  The trading platform LAKEFOX supports for traders is MT5, which is available on both desktop and mobile.

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, MobileSkilled traders
MT4❌
MT5❌
Trading Platform

Related broker

No Regulation
LAKEFOX
Company name:lakefox capital limitd
Score
2.15
Website:https://www.lakefoxcapital.com/en
2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
2.15

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