RoxoFX

RoxoFX is a retail forex and CFD broker registered in Switzerland, operating under the domain roxofx.co. According to our records, the broker was founded on May 15, 2025, and its registered address is Bahnhofstrasse 75, 8001 Zürich, Switzerland. While Switzerland is known for stringent financial oversight, it is important to note that RoxoFX does not hold any regulatory licence from the Swiss Financial Market Supervisory Authority (FINMA) or any other regulatory body.

The broker positions itself as a multi-asset trading provider, offering access to commodities, cryptocurrencies, stocks, and indices. Its account structure ranges from a Basic account with a minimum deposit of €250 to a VIP account requiring €250,000. Leverage varies by account tier, from 1:10 on the Basic account up to 1:50 on the Platinum and VIP accounts. This tiered structure suggests a target audience that includes both retail traders with modest capital and high-net-worth individuals seeking higher leverage.

RoxoFX currently has no regulatory licences on file. In Switzerland, any firm offering financial services to clients is typically required to be authorised by FINMA. The absence of such registration raises significant concerns for potential clients, as there is no independent oversight to ensure the broker adheres to client fund segregation, transparent pricing, or fair trading practices. While the broker's Swiss address may imply legitimacy, the lack of a regulatory licence means traders are not protected by Swiss investor compensation schemes or regulatory recourse.

It is crucial for traders to understand that a registered address in a jurisdiction like Switzerland does not equate to regulatory oversight. Without a licence, the broker operates outside the framework of Swiss financial supervision. This increases the risk of misconduct, such as misappropriation of funds or unfair trading conditions. Traders considering RoxoFX should exercise extreme caution and perform thorough due diligence before depositing funds.

RoxoFX offers five account tiers: Basic (€250 minimum deposit, 1:10 leverage), Silver (€5,000, 1:25), Gold (€15,000, 1:25), Platinum (€100,000, 1:50), and VIP (€250,000, 1:50). The accounts share a similar instrument offering—commodities, cryptocurrencies, stocks, and indices—but the maximum leverage increases with deposit size, likely intended to appeal to both retail and institutional clients. The high minimum deposit for the VIP account suggests a focus on high-net-worth individuals.

Although the known facts do not specify trading platforms, spreads, commissions, or execution models, these are critical factors for traders. Typical retail brokers offer platforms like MetaTrader or cTrader, but without regulatory verification, the quality and reliability of execution remain uncertain. Similarly, the lack of information on fees and withdrawal policies adds to the opacity. Traders should seek clarity on these points directly from the broker before opening an account.

Given the high leverage on larger accounts and the multi-asset offering, RoxoFX appears to target experienced traders with substantial capital who are comfortable with unregulated environments. The Basic account allows smaller retail traders to test the waters, but the 1:10 leverage is conservative compared to industry standards for unregulated brokers, which often offer higher leverage. This could indicate an attempt to limit risk exposure or attract a more cautious clientele.

However, the lack of regulation makes RoxoFX unsuitable for risk-averse traders or those seeking the protection of a licensed broker. Newcomers to forex and CFD trading are generally advised to start with regulated brokers to ensure a baseline of security. The elevated FXCanary Scam Risk Score of 53/100 further underscores the potential dangers.

RoxoFX presents a mixed picture: a Swiss-registered broker with a professional address and a well-structured account hierarchy, yet no regulatory authorisation. The absence of oversight means that any trading relationship relies entirely on the broker's good faith. While many unregulated brokers operate legitimately, the inherent risks—such as lack of client fund segregation, potential for price manipulation, and difficulty in dispute resolution—are substantial.

Traders interested in RoxoFX should independently verify all claimed features, test customer support responsiveness, and consider starting with a minimal deposit to assess execution quality. Given the limited publicly available information, this review can only rely on the known facts, which highlight significant regulatory gaps. In our assessment, caution is strongly advised.