Alpha Fox Trustee is a CFD brokerage firm whose domain name was registered on June 28, 2024. This broker primarily provides investment services in forex, cryptocurrencies, precious metals, commodities, and funds markets to retail and institutional clients. It does not offer services to countries and regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the publicly available information on Alpha Fox Trustee's website (alphafoxtrusteeltd.com), the services provided by this broker are regulated by financial authorities in the UK and the USA. However, the terms of service page indicates that "Any litigation arising from these terms shall be conducted in New Zealand courts and only in New Zealand courts." Moreover, clicking on "Legal" at the bottom of the webpage redirects to the New Zealand Companies Register, showing that the company registered in New Zealand is "ALPHA FOX TRUSTEE LIMITED" with the registration number 4113418.
Upon verification, there is no registration information for a company named "Alpha Fox Trustee" in the records of financial regulators such as the UK Companies House, the UK Financial Conduct Authority (FCA), the U.S. National Futures Association (NFA), and the U.S. Financial Industry Regulatory Authority (FINRA). Additionally, there is no registration for "ALPHA FOX TRUSTEE LIMITED" in the New Zealand Financial Service Providers Register.
Therefore, Alpha Fox Trustee (alphafoxtrusteeltd.com) is essentially an unregulated scam broker website.
Account Opening Process
The account opening process for Alpha Fox Trustee trading accounts is as follows: Visit the broker's website, click on "REGISTER NOW" on the homepage or "Join Now" in the upper right corner to go to the account registration page. Fill in the required personal information such as name and email, set a login password, then submit the form. Once the account is verified, registration is complete.
Investment Plans
Alpha Fox Trustee offers four investment plans: Basic Plan, Standard Plan, Advanced Plan, and Ultimate Plan.
Basic Plan:
- Trading period: 7 days
- Minimum deposit: $200
- Maximum deposit: $2,999
- Referral bonus: 10%
- Enhanced security
- 24/7 dedicated support
- Daily return: 2%
Standard Plan:
- Trading period: 7 days
- Minimum deposit: $3,000
- Maximum deposit: $12,999
- Referral bonus: 10%
- Enhanced security
- 24/7 dedicated support
- Daily return: 3.5%
Advanced Plan:
- Trading period: 7 days
- Minimum deposit: $13,000
- Maximum deposit: $30,000
- Referral bonus: 10%
- Enhanced security
- 24/7 dedicated support
- Daily return: 4.5%
Ultimate Plan:
- Trading period: 7 days
- Minimum deposit: $40,000
- Maximum deposit: Unlimited
- Referral bonus: 10%
- Enhanced security
- 24/7 dedicated support
- Daily return: 6%
Trading Platform
Alpha Fox Trustee provides users with a proprietary trading platform, which is only available on the web. Detailed information about this platform is not provided.
Deposits and Withdrawals
Alpha Fox Trustee supports deposits and withdrawals through cryptocurrencies. The minimum deposit amount is the equivalent of $200 in Bitcoin or other acceptable cryptocurrencies, and the minimum withdrawal amount is the equivalent of $5 in Bitcoin or other acceptable cryptocurrencies.
Conclusion:
Traderknows reminds investors that Alpha Fox Trustee 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.
