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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

OXDFX

United Kingdom|5-10 years|
Suspicious Scope of Business|United Kingdom Appointed Representative(AR) Revoked|High potential risk|

http://www.oxfordforex.com/en/

Website

Rating Index

Contact

+40(0)2077969911
cs@oxdfx.com
http://www.oxfordforex.com/en/
5 Frederick's PlaceLondonEC2R 8JQUNITED KINGDOM
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+40(0)2077969911

Other ways of contact

Broker Information

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Company Name

Oxford Forex limited

Abbreviation

OXDFX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • United KingdomFCA (license number: 769915) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

OXDFX · WikiFX Survey
Danger A Visit to OXDFX in UK -- Finding No Office
United Kingdom

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OXDFX · Company Summary

Note: OXDFX is to operate via the websites - http://www.oxfordforex.com/en/ and http://www.oxdfx.com/en/, which are currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

General Information & Regulation

General Information & Regulation

OXDFX, a trading name of Oxford Forex limited, is allegedly an offshore forex brokerage registered in the United Kingdom on 13 September 2016, claiming to provide its clients with leverage up to 1:400 and floating spreads from 1.5 pips.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, trading platform, etc.

As for regulation, it has been verified that OXDFX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.95/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

OXDFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Account Types

OXDFX claims to offer three types of trading accounts - Standard, ECN and Pro, with a minimum initial deposit requirement of $500.

Leverage

The specified leverage for different account types at OXDFX varies between 1:50 and 1:400. Leverage is adjusted based on the deposit amount. Specifically, 1:400 for investments less than or equal to $5W, 1:200 for $5W~$10W, 1:100 for $10W~$15W, and 1:50 for deposits more than $15W. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

All spreads with OXDFX are a floating type and scaled with the accounts offered. For example, clients on the Standard account can experience spreads from 2.3 pips, while the Pro account members can enjoy tighter spreads from 1.5 pips.

Deposit & Withdrawal

The minimum initial deposit requirement at OXDFX is said to be as high as $500. Without access to its official site, we cannot say what kind of payment methods are available with the broker.

Customer Support

OXDFXs customer support can be reached by telephone: +40 (0) 2077969911, email: cs@oxdfx.com, info@oxdfx.com. Registered address: 5 Frederick's Place, London, EC2R 8JQ, UNITED KINGDOM.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Pros & Cons

Pros & Cons

Review 12

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