DoxFX Detailed Review
DoxFX Detailed Review

The broker seems to catch clients based on their false addresses and fake presentations. When you see an address in Zurich and hear that the company is in a reputable, Tier1 regulated country, it brings certain trust. However, all this is explained in detail in our DoxFX review, so let’s start.

Broker status:Unregulated
Regulated by:Unlicensed brokerage
Blacklisted as a Scam by:FINMA, CONSOB
Headquarters Country:Switzerland
Foundation year:2021
Supported Platforms:Web trader
Minimum Deposit:250 EUR
Types of Assets:FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage:1:50
Free Demo Account:No
Accepts US clients:Yes

What About DoxFX Regulation?

Claiming to be a brand owned by OICS Limited and based in Switzerland implies that the company is covered with a Tier1 license by FINMA. Of course, instead of blind trust, we decided to confirm this information. It seems that DoxFX regulation doesn’t exist with FINMA or any other regulator in Europe or further. Also, OICS Limited is not a legit Swiss company, so it’s probably another offshore entity hiding its actual headquarters.

Based on everything we’ve discovered, avoiding DoxFX seems like the best solution for your funds.

In addition to the above, we strongly advise you not to invest in TopMarketCap, RTALive and Tixee fraudulent brokers.

DoxFX Scam Warnings

FINMA Against DoxFX Scam

Since the broker falsely claims it’s based in Switzerland, we were not surprised to see that the regulatory body of this country was the first to issue an official warning against the DoxFX scam.�

Besides, Italian authorities noticed DoxFX activities too and issued the same warning, marking the broker as a fraud.

Fund Withdrawal Issues With DoxFX Broker

Since DoxFX pretends to be legit, of course, it will tell you a nice story about withdrawals and funds being available 24/7. In fact, it will all sound so easy that you will see no reason to prevent yourself from investing and earning potential profit

Yet, once you go into everything, you will discover that the whole story was just that. A story. And you will be unable to withdraw your funds or complain to anyone since the broker has no official regulator.

Areas Of DoxFX Scam

Most of the victims of the DoxFX scam come from the US, Germany, and Japan. However, based on regulatory warnings, we can conclude that the company operates in Switzerland, Italy, and most likely other countries of the EEA zone.

It’s important to know that DoxFX provides unregulated financial services anywhere in the world, and you shouldn’t accept any offers coming from them.

Also remember the names of the Tredexo, TNFX and Altman Finance trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Traders About DoxFX Scam

As we’re sure you can already conclude, DoxFX reviews don’t look good. Traders are massively complaining about withdrawals, stating that getting money back is nearly impossible. Besides, the broker forces clients to install AnyDesk, software used to gain access to any device and online banking.

That’s how funds are being transferred without the client’s approval, which is the ultimate scam level.

How Does Online Trading Scam Work?

If you ever saw any trading ad, you know that everything starts with the broker overpromising results they can’t deliver. And somewhere inside, you are aware that the story is overblown, thinking it’s marketing. Yet, once you leave your details, even the worst story comes, where the company’s employees give you all the logical reasons you should start investing despite your terrible feeling.

And once you do, you will have a great support system until you submit a withdrawal request. This is where all of your problems will start. Your account may even get suspended and you will be unable to access your funds. If you experience something similar, let us know.

Scammed by DoxFX? – Tell Us Your Story

If you were scammed by DoxFX or a similar bogus brokerage, let us know. Our specialists will help you start the chargeback procedure and get your funds back.

But What Is A Chargeback?

A chargeback is a way for your bank to reverse the transaction in case a scam occurs. For further details, contact us via online chat and book a free consultation with our specialists.

Don’t let scammers run free with your money!

What Is DoxFX?

DoxFX is an online Forex and CFD provider without a license.

Is DoxFX A Scam Broker?

Yes, DoxFX has been blacklisted in Switzerland and Italy for conducting scams.

Is DoxFX Regulated?

No, company is not regulated and provides financial services illegally.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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