Fox Asset Finance is a contract-for-difference broker whose official website domain was registered on May 30, 2024. This broker primarily offers investment services in markets such as Forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries and regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the official website of Fox Asset Finance (www.foxassetfinance.org), the services offered by this broker are regulated by the financial authorities under the jurisdiction of New Zealand. The terms of service page indicates that "any litigation arising from the terms of this website shall take place in courts located in New Zealand," and clicking the "Legal" link at the bottom of the website redirects to the New Zealand company register. The redirected page shows that the company registered in New Zealand is FOX ASSET FINANCE LIMITED, with the company registration number 6284280. Additionally, the "Packages" page on the broker's website displays that the broker is regulated by financial authorities under the jurisdiction of the United States.
According to checks, the National Futures Association (NFA) and the Financial Industry Regulatory Authority (FINRA) in the United States have no registration information for a company named "Fox Asset Finance." Similarly, the New Zealand Financial Service Providers Register does not have regulatory information for FOX ASSET FINANCE LIMITED.
Therefore, Fox Asset Finance (www.foxassetfinance.org) is essentially an unregulated scam broker.
Account Opening Process
To open a trading account with Fox Asset Finance: visit the broker’s official website, click "REGISTER NOW" on the homepage or "Join Now" in the top right corner to enter the account registration page. Fill in personal details such as name and email, set a login password, and submit. Once verified, the account can be successfully registered.
Investment Plans
Fox Asset Finance offers six investment plans: Stock Plan, Blockchain ETF Plan, DEFI Plan, NFT Plan, Echelon Elite Plan, and Pinnacle Profit Plan.
Stock Plan:
- Trading Period: 1 month
- Minimum Deposit: $200
- Maximum Deposit: $4,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 2%
Blockchain ETF Plan:
- Trading Period: 1 month
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 3%
DEFI Plan:
- Trading Period: 1 month
- Minimum Deposit: $10,000
- Maximum Deposit: $19,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 4%
NFT Plan:
- Trading Period: 1 month
- Minimum Deposit: $20,000
- Maximum Deposit: $35,000
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 5%
Echelon Elite Plan:
- Trading Period: 1 month
- Minimum Deposit: $60,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 15%
Pinnacle Profit Plan:
- Trading Period: 1 month
- Minimum Deposit: $450,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 20%
Trading Platform:
Fox Asset Finance offers a proprietary trading platform, but details about it are limited and it is only available via web application.
Deposits and Withdrawals:
Fox Asset Finance supports deposits and withdrawals via various cryptocurrencies.
Conclusion:
Traderknows reminds investors that Fox Asset Finance is a fraudulent broker luring investors with promises of high returns, but in reality, it lacks any regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
