About HOXTON
Who Is HoxtonFX?
HoxtonFX is an online forex and CFD broker that launched on April 10, 2025, and is registered in Saint Lucia. The company operates from the Ground Floor of The Sotheby Building in Rodney Bay, Gros-Islet. It presents itself as a broker built by traders for traders, offering access to multiple asset classes including forex, indices, commodities, equities, and cryptocurrencies.
The broker's website is available in English and provides a straightforward account opening process. HoxtonFX promotes its services as suitable for both new and experienced traders, with a focus on low-cost trading and high leverage.
Regulation and Safety
As of its launch date, HoxtonFX does not hold any regulatory licence from a known financial authority. The broker's registered address is in Saint Lucia, a jurisdiction not typically associated with robust financial oversight. This lack of regulation is a significant factor for traders to consider, as it means there is no external oversight of the broker's operations or segregation of client funds.
FXCanary's Scam Risk Score for HoxtonFX is 56 out of 100, indicating an elevated risk. The score reflects the absence of regulation and the broker's recent establishment. Traders should weigh this risk carefully before depositing funds.
Account Types and Features
HoxtonFX offers three main live account types: Standard, Premium, and Elite. The Standard account requires a minimum deposit of $250, with spreads starting from 1.8 pips. The Premium account requires $5,000 and offers spreads from 0.8 pips.
The Elite account, for high-volume traders, has a $50,000 minimum deposit and spreads from 0.0 pips. All accounts are commission-free and provide leverage up to 1:500. The broker also lists an Islamic (swap-free) account option, but full details are not provided on the website.
Trading platforms include MetaTrader 5 (MT5) and a web-based platform. MT5 offers advanced charting, analytical tools, and support for Expert Advisors (EAs). The web platform provides browser-based trading without requiring software installation.
Instruments and Markets
The broker claims to offer access to a wide range of markets, including forex currency pairs, indices, commodities, equities, and cryptocurrencies. The specific number of instruments and the full list are not published on the website. However, promotional material highlights these asset classes as available to all account tiers.
Deposits and Withdrawals
The minimum deposit for the Standard account is $250. Deposits can be made via debit card (3% fee) or credit card (5% fee). A conversion rate of 1 USD = 3.68 is applied for deposits. Withdrawals require a minimum of $100 and are processed within 1-3 business days. The broker does not list other payment methods such as bank wire or e-wallets on its website.
Customer Support and Transparency
HoxtonFX provides an email contact for inquiries and publishes legal documents including Terms & Conditions, AML Policy, Privacy Policy, and Cookies Policy on its website. The broker has a presence on social media platforms Facebook, Instagram, LinkedIn, and YouTube. However, independent reviews and user feedback are currently absent, making it difficult to assess the quality of customer support.
Overview compiled by FXCanary from regulatory records and public data. full HOXTON review