FoxNewsTrade Review : Fees, Pros and Cons, Reviews by Real Traders

FoxNewsTrade

Operating status: SCAM

Website: https://foxnewstrade.org/

Broker violations and abnormal records

Sep 18, 2022 The Spain CNMV Added FoxNewsTrade into Its Warnings
On 19 Sep 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that FoxNewsTrade is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=FOXNEWSTRADE.ORG

On 19 Sep 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that FoxNewsTrade is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=FOXNEWSTRADE.ORG
Sep 20, 2022 BrokersView has Reviewed that FoxNewsTrade is an Unregulated Forex Broker
FoxNewsTrade claims to be registered in Saint Vincent and the Grenadines under the name of Canoodle Solutions LTD, No. 26496. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, SVG FSA is not a forex regulator. So having the registration does not mean being authorized to provide financial services.
In addition, FoxNewsTrade claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA.
Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that FoxNewsTrade is not authorised to provide the investment services in Spain.
The truth is that FoxNewsTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

FoxNewsTrade claims to be registered in Saint Vincent and the Grenadines under the name of Canoodle Solutions LTD, No. 26496. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found a matching result. However, SVG FSA is not a forex regulator. So having the registration does not mean being authorized to provide financial services. In addition, FoxNewsTrade claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA.Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that FoxNewsTrade is not authorised to provide the investment services in Spain.The truth is that FoxNewsTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Aug 03, 2025 BrokersView has identified that FoxNewsTrade's website is currently offline
BrokersView found that the domain "https://foxnewstrade.org/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://foxnewstrade.org/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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