OxisFX Forex Broker

Note: OxisFX's official website - https://www.oxisfx.com/ is currently inaccessible normally.OxisFX Review SummaryFounded2020Registered Country/RegionUnited KingdomRegulationNot regulatedMarket InstrumentsForex, Metals, Oil, IndicesDemo Account/Islamic Account✅LeverageUp to 1:1000Spread2.0-2.2 pips (Silver account)Trading PlatformMT5Min Deposit$100Customer SupportTel: +447452240948Email: hello@oxisfx.comSocial media: X, Facebook, YouTubeAddress: 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 ConsProsCons Various account typesNot regulatedPopular trading platform MT5Limited trading assetsWide spreadsLimited payment optionsIs 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 TypeAccount TypeMin Deposit Max DepositSilver$100$2,500Gold$2,500No limitECN$5,000No limitLeverage 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 LeverageSilver1:300Gold1:500ECN1:100 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.SpreadAccount TypeSpreadSilver2.0-2.2 pipsGold1.2-1.4 pipsECN＜0.5 pipsTrading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Web, Desktop, MobileExperienced tradersMT4❌/BeginnersDeposit and Withdrawal OxisFX supports deposit and withdrawal via major credit cards like VISA and MasterCard.