FOXANE Journal

Journal status: live
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FOXANE Profile
Website
Year
2021
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Iran, North Korea, Syria, US
Broker type
MM, STP marketing
Dealing book
B-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

FOXANE Accounts
MM
Minimum Deposit
1000 $
Leverage
400 : 1
Minimum Lot
0.01 lots
EURUSD spread
...
Commission
0 $/lotRT
Volume
...
Margin Call
...
Stop Out
...
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Credit Card, Debit Card, Bitcoin
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 1 months
Update broker

Is FOXANE safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is FOXANE trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • FOXANE website: uninformative, updated ★★
  • FOXANE popularity (by visitor count): low visits ★★

How FOXANE works



Premier execution with low milliseconds latency
Fast, reliable trading execution with stable pricing, no delays, no dealer intervention


Foxane Ltd. (the “Company”) is the acting principal brokerage company that operates according to Saint Vincent and the Grenadines laws.

8.2.12. The Client acknowledges that all financial transactions always involve at least two parties known as “counterparty.” Counterparties exist since transactions are naturally dual in nature. This means that the Company is the Client’s counterparty for each trade.

8.2.13. The Company releases a quote showing two prices (Bid and Ask) that the Client may use for his/her trading. Every quote can be received through the Electronic Trading Platform. The Company can modify the quoted prices at any time, and such modification will take effect immediately.

3.3.7. Activities, namely, arbitraging or scalping, using expert advisors, and other forms of illegal activities or manipulations toward the Company’s platform, are strictly prohibited. In line with this, trades executed under 300 seconds will be canceled unless previously reserved with the relevant provider. Consequently, the Company has the right to terminate or dismiss trading accoun ts and void or consider profits generated as null.



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