Score

7.55 /10
Good

OEXN

Regulated in Cyprus

Market Making(MM)

MT4 Full License

Regional Brokers

AA

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Comparison

Quantity 2

Exposure

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Score

Regulatory Index6.67

Business Index7.25

Risk Management Index9.66

Software Index9.54

License Index6.70

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Licenses

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

Single Core

1G

40G

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OEXN · Benchmark
Average transaction speed(ms)
593.3
The highest transaction speed(ms)
138 Good
The highest speed of opening positions(ms)
138 Good
The highest speed of closing position(ms)
155 Good
The lowest speed of opening positions(ms)
1312 Good
The lowest speed of closing position(ms)
1997 Poor
Ranking: 44 / 125
Test user 120
Transactions 2,102
Ocuppied margin $824,693 USD
Data Source WikiFX Data provide
Updated: 2024-12-20 01:12:00
Pyramid scheme complaint
Expose
OEXN · Company summary
OEXN Review Summary
Founded2022
Registered Country/RegionCyprus
RegulationCySEC
Market InstrumentsForex, Stocks, Precious Metals, Indices, Commodities, Energy, Options, ETFs
Demo Account
LeverageUp to 1:1000
SpreadFrom 1.1 pips (Standard account)
Trading PlatformMT4, MT5, and OEXN Trader
Min Deposit$200
Customer SupportContact form
Tel: 066-512-6574
Email: support@oexn.com
Address: IQ EQ Fund Services (Mauritius) Ltd, Edith Cavell Street 33, Port-Louis 11324, Mauritius

Founded in 2022, OEXN is a Cyprus-registered financial services provider, regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers a comprehensive suite of market instruments, including Forex, Stocks, Precious Metals, Indices, Commodities, Energy, Options, and ETFs.

Traders can access these markets through OEXN's demo account with spreads starting from as low as 0 pips. The minimum deposit required to open a standard account is $200. OEXN also supports a variety of trading platforms, including the widely-used MT4 and MT5, as well as OEXN Trader platform.

OEXN's homepage

Pros and Cons

Pros Cons
Regulated by CySECHigh minimum deposit
A wide range of productsNo live chat support
Demo accounts available
Diverse account types
Commission-free accounts offered
MT4 & MT5 platform
Multiple payment options

Is OEXN Legit?

Yes, OEXN is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Cyprus
The Cyprus Securities and Exchange Commission (CySEC)RegulatedOEXN LimitedMarket Making (MM)423/22
Regulated by CySEC

What Can I Trade on OEXN?

On OEXN, you can trade with Forex, Stocks, Precious Metals, Indices, Commodities, Energy, Options, ETFs.

Tradable Instruments Supported
Forex
Stocks
Precious Metals
Indices
Commodities
Energy
Options
ETFs
Cryptocurrencies
Bonds
What Can I Trade on OEXN?

Account Type/Fees

Account TypeMin DepositMax LeverageSpreadCommission
Standard $2001:1000From 1.1 pips
Pro $5001:1000From 0.8 pips
VIP Raw $2 0001:500From 0 pips$4 per side
Account comparison

Leverage

OEXN offers flexible leverage with a maximum leverage up to 1:1000. Note that such high leverage can bring not only great profits but also big losses.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Windows 7, 8, 10, 12; MacOS; Android; iOS (iPads & iPhones), and LinuxBeginners
MT5Windows; MacOS; Android; iOS, and LinuxExperienced traders
OEXN TraderWeb, iOS and androidSophiscated Traders
Trading Platforms

Deposit and Withdrawal

OEXN supports payments through Skrill, Visa, PayPal, Bitcoin, Payfort, Przelewy24, Bank Transfer, Neteller, and Sticpay.

Payment icons

News

NewsOEXN Launches Proprietary Trading Service to Empower Global Traders

OEXN Launches Proprietary Trading Service to Empower Global TradersAs financial markets evolve, traders are seeking more diverse and dynamic trading models. In response, OEXN has introduced an innovat

WikiFX
2024-12-14 17:51
OEXN Launches Proprietary Trading Service to Empower Global Traders

ReviewOEXN: Exploring the Impact of Global Events on Forex

OEXN: Influence in the Global Forex MarketOEXN, a key player in the forex market, is steadily expanding its global influence through its advanced trading platform and strong customer service. This art

WikiFX
2024-12-04 16:22
OEXN: Exploring the Impact of Global Events on Forex

ReviewOEXN: The Significance of Technical vs. Fundamental Analysis

OEXN: Influence in the Global Forex MarketAs an important participant in the forex market, OEXN is gradually expanding its influence in global markets through its innovative trading platform and custo

WikiFX
2024-12-03 16:00
OEXN: The Significance of Technical vs. Fundamental Analysis

ReviewOEXN: How to Create a Resilient Forex Trading Strategy

OEXN: Influence in the Global Forex MarketThe forex market is the largest and most liquid financial market globally, characterized by intense competition among brokers, trading platforms, and institut

WikiFX
2024-12-02 16:08
OEXN: How to Create a Resilient Forex Trading Strategy

User Reviews

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鞠新瑶
0-3months
OEXN's platform provides smooth trading with great features for all levels. Their educational tools have enhanced my strategies, and their support team is impressively responsive.
OEXN's platform provides smooth trading with great features for all levels. Their educational tools have enhanced my strategies, and their support team is impressively responsive.
Translate to English
2024-12-19 22:31
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সোরাইয়া নওরিন
0-3months
recommend and recognize oexn's commitment to transparency. I appreciate its candid approach and the values reflected in the name, Open Exchange.
recommend and recognize oexn's commitment to transparency. I appreciate its candid approach and the values reflected in the name, Open Exchange.
Translate to English
2024-12-12 21:08
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