OxisFX-Some important Details about This Broker

Since the OxisFXs official website (https://www.oxisfx.com/) no longer works, we had to resort to scraping together information from other sources to get a feel for the company's forex broker operations.

General Information

Registered in the United Kingdom, OxisFX is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Metals, Oil, Indices through the advanced MT4 trading platform. With the OxisFX platform, investors have the flexibility to choose from three trading accounts, with leverage up to 1:500, spreads from 0.0 pips.

OxisFX does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Account Types

Three trading accounts are on offer: Silver, Gold and ECN to satisfy different traders trading needs. The Silver account asks for an initial deposit of $100, which sounds acceptable. While Gold and ECN accounts require much high, starting at $2,500 and $5,000, respectively.

Leverage

When it comes to 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.

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.

Spreads & Commissions

Spreads and commissions are tied to what trading accounts you are holding on the VRN Capitals platform. With commissions not disclosed, the spreads offered by three trading accounts from 2.0-2.2 pips, 1.2-1.4 pips, 0 -0.5 pips, respectively.

Trading Platform

OxisFX offers its clients access to the industry-leading MT5 trading platform, featuring the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

For any questions or concerns they may have about their accounts or their trading can reach out to OxisFX through the following methods:

Telephone: +447452240948

Email: hello@oxisfx.com

Registered Company Address: 130 Old Street London, EC1V 9BD, England

You can also follow this broker on Twitter, Facebook and Youtube.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.