Score

1.49 /10
Danger

OxisFX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.82

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Broker Information

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Company Name

OxisFX Limited

Company Abbreviation

OxisFX

Platform registered country and region

United Kingdom

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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OxisFX · Company summary

Note: OxisFX's official website - https://www.oxisfx.com/ is currently inaccessible normally.

OxisFX Review Summary
Founded2020
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex, Metals, Oil, Indices
Demo Account/
Islamic Account
LeverageUp to 1:1000
Spread2.0-2.2 pips (Silver account)
Trading PlatformMT5
Min Deposit$100
Customer SupportTel: +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

ProsCons
Various account typesNot regulated
Popular trading platform MT5Limited 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.

No license

What Can I Trade on OxisFX?

Tradable Instruments Supported
Forex
Metals
Oil
Indices
Stocks
Cryptos
Bonds
Options
ETFs

Account Type

Account TypeMin Deposit Max Deposit
Silver$100$2,500
Gold$2,500No limit
ECN$5,000No 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 TypeMax Leverage
Silver1:300
Gold1:500
ECN1:100

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 TypeSpread
Silver2.0-2.2 pips
Gold1.2-1.4 pips
ECN<0.5 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Web, Desktop, MobileExperienced traders
MT4/Beginners

Deposit and Withdrawal

OxisFX supports deposit and withdrawal via major credit cards like VISA and MasterCard.

User Reviews

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User comment

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Comments

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人与人相遇绝非偶然
more than one year
They push me so hard! I won’t write this review if they gave my money back. I put $1300 here to trade forex, but they froze my account, ate my hard-earned money! They went too far!
They push me so hard! I won’t write this review if they gave my money back. I put $1300 here to trade forex, but they froze my account, ate my hard-earned money! They went too far!
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2022-12-16 10:52
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FX1084896075
more than one year
OxisFX was one of my favourite brokers, and I had a very good trading experience here, but it's gone... Is there a trustworthy forex broker in the world?
OxisFX was one of my favourite brokers, and I had a very good trading experience here, but it's gone... Is there a trustworthy forex broker in the world?
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2022-12-06 09:20
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