OXShare

OXShare is a forex and CFD broker established in 2021, headquartered in Lebanon. The company operates under the legal name OXShare Limited and is registered at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia. Despite its Saint Lucian registration, the broker’s day-to-day operations are based in Lebanon.

The broker targets international retail traders, offering the popular MetaTrader 5 (MT5) platform. It provides trading in forex, equities, commodities, indices, and cryptocurrencies. OXShare promotes itself as a broker with high leverage and multiple account types to suit different trading styles.

OXShare currently holds no verified regulatory licenses from any recognized financial authority. The broker's registration in Saint Lucia does not involve oversight by a financial regulator, meaning traders do not benefit from protections such as negative balance protection, compensation schemes, or dispute resolution services offered by regulated brokers.

The absence of regulation is a significant factor for traders to consider, as it increases the risk of unfair practices. Aggregated industry data and user reviews indicate a high volume of complaints, which further underscores the importance of caution.

OXShare offers three live account tiers: Standard, Classic, and VIP. The Standard account requires a minimum deposit of $50 and offers spreads from 0.5 pips with no commission. The Classic account requires $3,000 minimum deposit and spreads from 0.3 pips, also commission-free. The VIP account is designed for high-volume traders with a $50,000 minimum deposit, spreads from 0.0 pips, and a commission of $2.5 per side per lot.

All accounts feature a maximum leverage of 1:1000, which is extremely high and amplifies both potential gains and losses. The broker does not offer a demo account according to some user reports, but this is not confirmed in the official description.

OXShare exclusively uses the MetaTrader 5 (MT5) platform, available for desktop, web, and mobile devices. MT5 is known for its advanced charting tools, multiple timeframes, and support for automated trading via Expert Advisors (EAs). The broker claims to offer a range of instruments including 40+ forex pairs, major equity indices, commodities (gold, oil), and cryptocurrencies.

However, the specific number of instruments and the full list of markets are not disclosed in the provided data. Traders should verify availability with the broker directly.

The broker supports several deposit methods: Skrill, Neteller, Mastercard, and USDT (cryptocurrency). Withdrawal methods include bank transfer, USDT, Skrill, and VISA. The minimum deposit varies by account type, starting at $50 for Standard.

OXShare advertises fast withdrawal processing, but user reviews report significant delays and refusals, with some withdrawals stuck under review for weeks. The broker does not publish typical processing times or fee structures for withdrawals.

OXShare offers customer support via live chat and email, claimed to be available 24/7. Some users praise the support team as responsive and helpful, while others report long response times and unhelpful replies. The broker does not prominently feature educational resources or trading tools beyond the MT5 platform.

Traders seeking comprehensive learning materials may need to look elsewhere. The broker's focus appears to be on providing a straightforward trading platform with competitive spreads and leverage.

OXShare is a relatively new broker with an attractive offering of high leverage, low spreads, and the MT5 platform. However, the complete lack of regulatory oversight and a high volume of customer complaints about withdrawals and account freezes raise serious red flags. Traders considering OXShare should approach with extreme caution and be aware of the significant risk of losing their funds without recourse.