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

OXDFX

United Kingdom|5-10 years|
Regulated in United Kingdom|Suspicious Regulatory License|MT4/5 full license|Regional Brokers|United Kingdom Appointed Representative(AR) Revoked|High potential risk|

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

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
OxfordForex-Live MT4
Server Location United Kingdom

Contact

+40(0)2077969911
cs@oxdfx.com
http://www.oxfordforex.com/en/
HugeDomains 2635 Walnut St. Denver, CO 80205
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

Broker Information

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Company Name

Oxford Forex limited

Company Abbreviation

OXDFX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-02
  • 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!

WikiFX Verification

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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

    User Reviews

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    User comment

    3

    Comments

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    煊茗
    more than one year
    Terrific platform! I made a withdrawal request two weeks ago and it still hasn't arrived! Customer service will always say "we are processing it, please be patient".
    2022-11-30 14:45
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    0
    0
    刘秦羽
    more than one year
    OXDFX is a fraud company that has absconded. Their customer service cannot be contacted, and the registered address does not exist. Never trade with them! Stay away!!!
    2022-11-28 09:34
    Reply
    0
    0
    FX1061334608
    more than one year
    Guys its a fraud company. Dont take make investments. I swear you will lose it all. Do not get tempted by their bonuses, sweet words. STAY AWAY FROM OXDFX.
    2022-11-27 09:16
    Reply
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