OxisFX Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-30 15:55Abstract：Founded in 2020, OxisFX is an unregulated broker registered in the United Kingdom, offering trading in Forex, Metals, Oil, and Indices with leverage up to 1:1000 and spread from 2.0 pips on the Silver account via the MT5 platform.
Note: OxisFX's official website - https://www.oxisfx.com/ is currently inaccessible normally.
| OxisFX Review Summary | |
| Founded | 2020 |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | Forex, Metals, Oil, Indices |
| Demo Account | / |
| Islamic Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | 2.0-2.2 pips (Silver account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Tel: +447452240948 |
| Email: hello@oxisfx.com | |
| Social media: X, Facebook, YouTube | |
| Address: 130 Old Street London, EC1V 9BD, England | |
Founded in 2020, OxisFX is an unregulated broker registered in the United Kingdom, offering trading in Forex, Metals, Oil, and Indices with leverage up to 1:1000 and spread from 2.0 pips on the Silver account via the MT5 platform.
Pros and Cons
| Pros | Cons |
| Various account types | Not regulated |
| Popular trading platform MT5 | Limited trading assets |
| Wide spreads | |
| Limited payment options |
Is OxisFX Legit?
The prerequisite of measuring the safety of a broker is to see if it is formally regulated.
OxisFX is currently an unregulated broker, which means that clients' funds and trading activities are completely unprotected compared to those regulated well. Even the local Financial Conduct Authority (FCA) shows nothing about it.
What Can I Trade on OxisFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Oil | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit | Max Deposit |
| Silver | $100 | $2,500 |
| Gold | $2,500 | No limit |
| ECN | $5,000 | No limit |
Leverage
OxisFX permits traders to use leverage of up to 1:500, insanely higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
| Account Type | Max Leverage |
| Silver | 1:300 |
| Gold | 1:500 |
| ECN | 1:100 |
As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
Spread
| Account Type | Spread |
| Silver | 2.0-2.2 pips |
| Gold | 1.2-1.4 pips |
| ECN | ＜0.5 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
OxisFX supports deposit and withdrawal via major credit cards like VISA and MasterCard.
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