Oxi Markets

Oxi Markets is an online trading and investment platform established in 2022 by Oxi Markets Group LLC. The company is registered in Saint Vincent and the Grenadines, with a registered address at First floor, First St.Vincent Bank Building, P.O Box 1574, James Street, Kingstown. As of our review, the broker does not hold any licence from a major financial regulator, placing it outside the oversight of bodies such as the FCA, CySEC, or ASIC.

The broker's platform, Xone Trader, is proprietary and serves as the sole trading environment for clients. Oxi Markets does not offer MetaTrader 4 or 5, which may be a limitation for traders accustomed to those widely used platforms. The firm has a social media presence on Facebook, Instagram, and YouTube, though engagement varies.

Oxi Markets offers five account tiers designed to cater to different capital levels. The basic tier, BASIC, requires a minimum deposit of $50, making it accessible to retail traders with modest funds. At the other end, PLATINUM demands between $50,000 and $200,000, targeting high-net-worth individuals. The DIAMOND account has no public minimum deposit figure, which may require direct inquiry.

Leverage varies inversely with account tier: BASIC and SILVER offer up to 1:1000, GOLD up to 1:500, PLATINUM up to 1:250, and DIAMOND up to 1:150. Such high leverage, particularly 1:1000, is rarely permitted by regulated brokers and carries significant risk of rapid capital loss. Traders should approach such offerings with caution.

According to the broker's website, Oxi Markets provides access to over 250 markets spanning Forex, Indices, Cryptocurrencies, Shares, and Commodities. It claims tight spreads and no commission on trades, suggesting the cost structure is built into the spread. However, no specific spread figures or execution models are disclosed.

The proprietary Xone Trader platform is the only trading interface offered. Limited information is available about its features, charting tools, or order types. The broker does not list supported operating systems or mobile app availability on its main page, which may leave traders uncertain about usability.

Oxi Markets does not publicly detail its deposit and withdrawal methods on the landing page. Typical unregulated brokers in SVG accept bank transfers, credit/debit cards, and cryptocurrencies, but this cannot be confirmed without accessing the client portal. The minimum deposit of $50 aligns with low-entry offerings.

Withdrawal policies, processing times, and fees are not stated on the public site. Traders should verify these terms before funding an account, as opaque withdrawal procedures are a common red flag in the unregulated space.

Oxi Markets is not regulated by any known financial authority. The company is incorporated in Saint Vincent and the Grenadines, an offshore jurisdiction that does not mandate regulatory oversight for forex brokers. As a result, clients do not benefit from investor compensation schemes, dispute resolution services, or negative balance protection.

Our FXCanary Scam Risk Score for Oxi Markets is 49/100, indicating a guarded risk level. The absence of regulation combined with high leverage offerings and proprietary platform creates an environment where trader protection is minimal. Potential clients should conduct thorough due diligence and consider the heightened risk before committing funds.

Oxi Markets appears to target retail traders seeking high leverage and low initial deposits. The tiered account structure aims to accommodate beginners through the BASIC account, while more experienced or capital-rich traders might consider higher tiers. The referral programme suggests an emphasis on network-based client acquisition.

Without regulatory safeguards, the broker is best suited for traders who fully understand the risks of unregulated offshore trading and are comfortable with limited recourse in case of disputes. It is not recommended for risk-averse investors or those requiring a trusted, licensed counterparty.