What is FoxiTrade (foxitrade.com)?
FoxiTrade is presented as an online financial service but has no approval from trusted regulators such as the FCA, SEC, or ASIC.
According to publicly available information, FoxiTrade lists its website as foxitrade.com, shows an address at Trust Company Complex, Ajeltake Road Ajeltake Island, Majuro MH96960, Marshall Island, provides a phone number '+17158143959, mentions the email info@foxitrade.com, and claims to be operated by Foxitrade Limited.
Lost Money with FoxiTrade?
If you lost funds to FoxiTrade, act quickly. Use the form below for a free case review from cyber intelligence specialists.
Is FoxiTrade Trustworthy or a Scam?
The biggest warning sign is that FoxiTrade is unregulated. Genuine brokers are supervised by authorities to protect investors. Without this oversight, your funds are at serious risk.
When a company is not licensed, there are no safety nets such as compensation schemes or financial ombudsmen to turn to if problems occur.
Typical Scam Tactics
Fraudulent brokers often look professional but use tricks to take your money. Common warning signs include:
- Unsolicited Contact: Random phone calls, emails, or chat messages.
- No Real License: Missing or fake regulatory details.
- Unrealistic Profits: Promises of daily or guaranteed returns.
- Blocked Withdrawals: Delays, excuses, or demands for extra fees before releasing money.
- Fake Dashboards: Trading screens showing false balances or profits.
These schemes may also use fake reviews or celebrity endorsements to appear reliable, but they are fabricated.
What to Do if You’re a Victim
If you believe FoxiTrade scammed you, don’t delay. Steps to take include:
- Stop all contact: Ignore calls, chats, or promises of refunds.
- Inform your bank: Immediately report the fraud and ask for help with chargebacks or reversals.
- Keep evidence: Save emails, chats, account screenshots, and payment records.
- Report to authorities: File a complaint with your local police or cybercrime unit.
Always choose regulated platforms and stay alert to common fraud tactics. Walking away is often the best protection.