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United Kingdom|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 full license|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|


Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

Server Name
LakefoxCapital-Live MT5
Server Location Hong Kong

Room 1508, 15/F, Office Tower Two, Grand Plaza, 625 Nathan Road, Kowloon, Hong Kong


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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0528403) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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LAKEFOX · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

LAKEFOX Review Summary
Founded 1-2 years
Registered Country/Region United Kingdom
Regulation NFA (Suspicious Clone)
Market Instruments Oil, forex, metals and index
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms MT5
Customer Support QQ, email

What is LAKEFOX?

LAKEFOX, a trading platform that offers a diverse range of trading instruments across various asset classes, has been highlighted. Notably, it provides access to MT5, which is a powerful and versatile trading platform. However, it should be noted that there are concerns regarding the regulation status of LAKEFOX, as the NFA regulation claimed by this broker is suspected to be a clone or invalid. This lack of valid regulation means that LAKEFOX operates without government or financial authority oversight, potentially introducing risk for investors.

LAKEFOX's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• A range of trading instruments • NFA (Suspicious Clone)
• MT5 supported • No demo accounts
• Limited research selection
No live chat support
• No social media presence

LAKEFOX Alternative Brokers

There are many alternative brokers to LAKEFOX depending on the specific needs and preferences of the trader. Some popular options include:

  • OctaFX - A leading online trading broker with a user-friendly platform and low trading costs, making it ideal for beginner traders.

  • Eightcap – Atrusted broker that offers competitive trading conditions, including tight spreads, flexible account options, and a user-friendly trading platform, making it a top choice for both beginner and experienced traders looking for a seamless trading experience.

  • Equiti - A trusted global broker specializing in online trading of forex, commodities, and indices, offering cutting-edge technology, superior execution, and comprehensive market analysis.

Is LAKEFOX Safe or Scam?

The United States NFA regulation (license number: 0528403) claimed by this broker is suspected to be clone and it currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

suspicious clone NFA license

If you are considering investing with LAKEFOX, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Market Instruments

LAKEFOX seems to offer a diverse range of trading instruments across various asset classes. These instruments can provide opportunities for traders to participate in different markets and potentially diversify their portfolios.

  • Oil:

Oil trading allows investors to speculate on the price movements of crude oil, which can be influenced by factors such as global supply and demand, geopolitical events, and economic indicators.

  • Forex

Forex trading involves buying and selling different currencies in the foreign exchange market. Traders can take advantage of fluctuations in exchange rates between currency pairs, aiming to profit from the differences in their values.

  • Metals

Metals trading typically includes precious metals like gold, silver, platinum, and palladium. These metals are often considered safe-haven assets and can be influenced by factors such as global economic conditions, inflation, and market sentiment.

  • Index

Index trading involves trading on the performance of a portfolio of stocks representing a specific market or sector. Traders can speculate on the overall movement of the index, rather than trading individual stocks.

Market Instruments

Trading Platforms

LAKEFOX offers MetaTrader 5 (MT5) as its trading platform for clients. MT5 is a powerful and versatile trading platform that provides advanced features and tools for trading across various financial markets.

One key feature of the MT5 platform is its multi-asset functionality. It allows traders to access and trade a wide range of financial instruments, including forex, stocks, commodities, and indices. This provides clients with the flexibility to diversify their portfolios and capitalize on opportunities across different asset classes.

MT5 is available as a downloadable desktop application for both Windows and Mac operating systems. This provides a full-featured trading experience with advanced charting tools, indicators, and analysis capabilities. Traders can install the desktop application on their personal computers or laptops to access the platform with enhanced performance and functionality.


See the trading platform comparison table below:

Broker Trading Platform
OctaFX MT4, MT5, cTrader
Eightcap MT4, MT5
Equiti MT4, MT5

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:


QQ: 1524056080


7 Clarges Street London W1J 8AE

LAKEFOX offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders.

contact details


In conclusion, LAKEFOX offers a diverse range of trading instruments through its MT5. However, it is important to note that there are concerns regarding LAKEFOX's regulation. The claimed NFA regulation has been suspected to be a clone or invalid, indicating a lack of valid regulation and oversight by government or financial authorities. This absence of regulation may introduce risk for investors, and it is crucial for individuals to consider this before engaging in any investment activities with LAKEFOX.

Frequently Asked Questions (FAQs)

Q 1: Is LAKEFOX regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at LAKEFOX?
A 2: You can contact via email, and QQ, 1524056080.
Q 3: Does LAKEFOX offer demo accounts?
A 3: No.
Q 4: Does LAKEFOX offer the industry leading MT4 & MT5?
A 4: Yes. It offers MT5.
Q 5: Is LAKEFOX a good broker for beginners?
A 5: No. It is not a good choice for beginners because of its unregulated condition.

Broker Information

Company Name

lakefox capital limitd

Company Abbreviation


Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Phone of the company










Company address
  • Room 1508, 15/F, Office Tower Two, Grand Plaza, 625 Nathan Road, Kowloon, Hong Kong

  • 7 Clarges Street London W1J 8AE





  • 1524056080



Customer Service Email Address


Company Summary

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