Review summary
Xonic Capital Ltd is a forex broker established 2-5 years ago and registered in Saint Lucia. The entity operates as an offshore financial services provider and holds no valid authoritative forex trading licenses from major regulatory bodies such as the FCA, ASIC, or CySEC. According to WikiFX data, this complete absence of mainstream financial oversight presents a significant risk profile for client funds and fair trading practices. The broker offers three primary account types: STANDARD with a $100 minimum deposit, PRO starting from $500, and ECN requiring $1,000, all featuring a maximum leverage of 1:500 and support for scalping and Expert Advisors. Spreads begin from 1.5 pips on the PRO account and 2.5 pips on the STANDARD account. The overall WikiFX score for Xonic Capital is 1.37, reflecting its unregulated status and the associated operational hazards. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)
