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Oxtrade -

Score

1.40 /10
Danger

Oxtrade

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://flyoxtrade.com

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Comparison

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Website

Score

Regulatory Index0.00

Business Index6.16

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Warning

ID BAPPEBTI
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
Oxtrade
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Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
Oxtrade
Nadex
XtreamForex
NordFX EU
AccuIndex
PO TRADE
Binarycent
Windsor Brokers
VOBLAST
FXPrimus
Deriv
InstaForex
INFINOX
HSB Forex Trade
Fxview
LIRUNEX
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Oxtrade · Company summary

Note: Oxtrade's official website: https://flyoxtrade.com is normally inaccessible.

Oxtrade Information

Oxtrade is an unregulated brokerage company registered in Saint Vincent and the Grenadines. While the broker's official website has been closed, so traders cannot obtain more security information.

Is Oxtrade Legit?

Oxtrade is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is Oxtrade Legit?
Is Oxtrade Legit?

Downsides of Oxtrade

  • Unavailable Website

The website of Oxtrade is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since Oxtrade does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

Oxtrade is not regulated, which is less safe than a regulated one.

Conclusion

Oxtrade Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

2

Comments

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FX1377871412
more than one year
It's really strange, I found that after Oxtrade's website was opened, it was tradesiaofficial's website. The url is also changed automatically. I am very puzzled, is this company closed down? Forget it, I won't waste my time here. With so many companies in the foreign exchange industry, I have many other options.
It's really strange, I found that after Oxtrade's website was opened, it was tradesiaofficial's website. The url is also changed automatically. I am very puzzled, is this company closed down? Forget it, I won't waste my time here. With so many companies in the foreign exchange industry, I have many other options.
Translate to English
2023-03-20 10:06
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ta
more than one year
Don't trust this company. Oxtrade is really a scam. They call you and tell you that the company is situated in Saint Vincent and the Grenadines, but it is not true. The company address does not exist.
Don't trust this company. Oxtrade is really a scam. They call you and tell you that the company is situated in Saint Vincent and the Grenadines, but it is not true. The company address does not exist.
Translate to English
2023-03-06 18:47
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