OxisFX

OxisFX is a retail forex and CFD broker registered in the United Kingdom, with an official website at oxisfx.com. The company was founded on August 27, 2020, and lists its registered address at 130 Old Street, London, EC1V 9BD, England. According to publicly available records, OxisFX does not hold any regulatory licenses from major financial authorities, which places it in the category of unregulated brokers.

As an unregulated entity, OxisFX operates without oversight from bodies such as the Financial Conduct Authority (FCA) in the UK or equivalent regulators elsewhere. Traders should be aware that this lack of regulatory supervision may affect the availability of investor protection schemes, such as compensation funds or dispute resolution mechanisms.

OxisFX offers three distinct account types: ECN, GOLD, and SILVER. The ECN account requires a minimum deposit of $5,000 and offers a maximum leverage of 1:100. The GOLD account starts at $2,500 with leverage up to 1:500, while the SILVER account has a low barrier to entry at $100 and offers leverage up to 1:300. The broker advertises spreads from 2.0 pips on the Silver account, though specific spreads for other accounts are not detailed.

Leverage is a key selling point for OxisFX, with claims of up to 1:1000 available. However, such high leverage carries significant risk and may not be suitable for all traders. The account structure suggests a tiered approach catering to different capital levels and risk appetites, from retail to high-net-worth individuals.

The broker provides the MetaTrader 5 (MT5) platform, a modern and versatile trading platform that supports advanced charting, algorithmic trading, and multiple asset classes. According to its official site, OxisFX offers trading in forex, metals, oil, and indices. The exact number of currency pairs or specific instruments is not publicly listed, but the range covers traditional asset classes popular among retail traders.

It is important to note that CFD trading on such instruments involves substantial risk, and the unregulated status of the broker adds an additional layer of uncertainty regarding execution quality and order handling.

OxisFX is not regulated by any known financial authority. While the company is registered in the United Kingdom, registration with Companies House does not equate to regulatory authorization to offer financial services. The FCA does not list OxisFX as an authorized firm, meaning UK-based clients may not have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).

For traders considering this broker, the absence of regulation is a significant risk factor. Without independent oversight, there is no guarantee of fair trading conditions, segregation of client funds, or recourse in the event of a dispute. The broker’s FXCanary Scam Risk Score of 40/100 (Guarded) reflects these concerns.

OxisFX appears to target both retail traders and those with larger capital, given the range of account minimums from $100 to $5,000 and above. The high leverage offerings (up to 1:1000) may appeal to speculative traders seeking amplified returns, but this comes with proportionate risk. The broker’s use of the widely recognized MT5 platform may also attract traders familiar with MetaTrader.

However, due to the lack of regulation and limited public information, OxisFX is likely best suited to experienced traders who fully understand the risks of unregulated forex trading and are willing to accept the lack of investor protection.

At the time of this review, independent user reviews and detailed third-party assessments of OxisFX are scarce. The broker does not appear on major industry aggregation sites, and its social media presence is minimal. This information gap makes it difficult to verify the broker’s claims regarding trading conditions, execution, and customer service.

Traders are advised to exercise caution and conduct thorough due diligence before committing funds. The absence of verifiable independent feedback is itself a warning sign, particularly when combined with the broker’s unregulated status.