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OxisFX-Some important Details about This Broker

WikiFX | 2024-12-30 15:55

Abstract: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
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
MT5✔Web, Desktop, MobileExperienced traders
MT4❌/Beginners

Deposit and Withdrawal

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

Forex tradingForex Broker

Related broker

No Regulation
OxisFX
Company name:OxisFX Limited
Score
1.51
Website:http://www.oxisfx.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.51

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