A Detailed Review of OxTrades.com

In today’s internet landscape, where dozens of Forex and CFD brokers are available, traders find it increasingly challenging to choose one to engage with for a long and productive partnership. We often receive requests to review specific trading platforms. As per our usual practice of accommodating users, today we are publishing the OxTrades review. The platform offers over 430 trading instruments, with over 18,000 clients registered from 45 countries. According to the company’s claims, 91% of them are fully satisfied with the quality of service.

Diversity of Account Types and Trading Conditions

Most traders begin their exploration of a company by examining the trading conditions it offers. OxTrades stands out favorably from most modern brokers by publishing the bulk of this information in a table outlining the types of accounts.

The table includes:

• Maximum leverage available in each account type.
• Spread sizes for each type of account.
• Minimum and maximum trade volumes.

Clients can choose from four tariff plans.

Account type	Leverage	Spread, pips	Min. lot size	Max. lot size
Standard	Up to 1:100	From 1.0	0.1	100
Silver	Up to 1:200	From 0.1	0.01	1,000
Gold	Up to 1:300	Unspecified	0.001	10,000
Black	Up to 1:400	From 0.001	0.0001	1,000,000

First and foremost, attention should be paid to the reduction of spreads from an already small size of 1 pip to a negligible 0.001. Essentially, this reflects a significant decrease in the client’s direct costs when executing trades, as the broker does not charge trading commissions (a full list of fees can be found in the General Fees document).

By the way, although OxTrades does not list swap sizes in the table, there is a separate page on the website dedicated to their calculation.

For the higher-tier account types, there is also an increase in leverage from 1:100 for Basic to 1:400 for Black. Naturally, this proportionally increases the potential profitability of trades. It is worth noting that the company has stayed within reasonable limits, refraining from setting exorbitant levels like 1:1000 or 1:5000, as seen with many modern platforms. Even with 1:100 leverage, you can still achieve decent profitability and fully use risk and capital management techniques.

Naturally, those experts and traders who note that increasing leverage also increases trading risks are absolutely correct. However, the negative impact of this factor can easily be mitigated by other factors.

1. With the increase in leverage for executing trades of the same volume, margin requirements decrease. This means that traders can open a greater number of orders simultaneously, mitigating risks through diversification.
2. As mentioned, the potential profitability of trades also increases. Consequently, the ratio of profitability to risk remains practically unchanged.
3. Experienced traders, for whom the higher-tier tariff plans are intended, are capable of both assessing the risks of opening positions and using capital management and risk management techniques in their trades. Therefore, they can take care of protecting investments themselves, including through hedging transactions. Fortunately, the asset selection in the OxTrades platform allows them to do so.

All commissions received by the broker, such as withdrawal fees, account maintenance fees, etc., are not dependent on the account type and, in most cases, have a fixed monetary (not percentage) amount. This also reduces the relative costs for owners of higher-tier account types.

In addition to the parameters of executed trades, the table of account types includes options such as:

• Access to instruments and analytics of various levels (basic, advanced, exclusive).
• Priority, personalized, or VIP support.
• Information on key market events, etc.

Most of these options are capable of attracting even experienced traders. Moreover, they will be useful for market newcomers who will gain knowledge and experience directly in the trading process. Considering that the majority of the client base consists of those taking their first steps in trading, the OxTrades approach deserves high praise.

Overview of Trading Instruments and Assets

Like most Forex brokers, OxTrades offers a great set of trading instruments. These include:

• Currency pairs – majors, crosses (minors), and exotic pairs.
• Cryptocurrency rates.
• Contracts for assets in the commodity market, including metals, energy commodities, and agricultural products.
• CFDs on stocks and major stock indices.

It is worth noting that the list of assets available to traders is quite extensive, including over 430 trading instruments. This is sufficient to create portfolios implementing practically any strategy, whether short-term or long-term. However, the broker does not intend to stop there and plans to expand the range of trading instruments.

Capital Protection

OxTrades pays serious attention to protecting the interests of clients and their capital. For example, the broker:

• Provides information that the management company Voya Group (IBC) LTD is officially registered in Saint Lucia under number 2024-00158 and authorized by the local financial regulator FSRA. This alone can be perceived as sufficient guarantee of client rights protection.
• Uses mechanisms such as protection against negative balance. In fact, even in the most unfavorable circumstances, traders cannot lose more than their real deposit. There is no question of any debts to the company and interest on them.
• Keeps funds in segregated accounts in reputable banks. These funds are only at the disposal of the platform’s clients. The broker does not have access to them and cannot use them at its discretion.
• Works only with the most reliable payment methods. Moreover, for more reliable methods such as debit cards, lower fees are set compared to, for example, prepaid cards and e-wallets.

Industry Reputation and Client Feedback

It is enough to say that the broker OxTrades managed to receive an impressive number of positive reviews online.

Their authors highlight such positive aspects as:

• Good elaboration and disclosure of trading conditions even for website visitors.
• Diligent execution of obligations by the broker.
• Prompt and competent work of the support service.

Overall, the information that the majority of the company’s existing clients are quite satisfied with the quality of service is confirmed.

OxTrades Review Conclusions

Summing up our OxTrades review, we can state: the company’s offerings look quite attractive. This is facilitated by an efficient range of account types, an extensive list of trading instruments, and careful development of trading technology. It is no wonder that many existing clients speak positively about the broker and are ready to recommend it to colleagues.

➕New and modern website design.

➕Regulation.

➕Negative balance protection

➖No mobile app.

FAQ

Brief Conditions

Type	Forex
Location	Saint Lucia
Customer Service	Email [email protected]
Languages	En, Ja, Co, Po, Ge, Fr
Demo Account	❌
Mobile Trading	✅
Web-based Trading	✅
Bonuses	❌
Minimum Deposit	❌
Max. Leverage	1:400
Scalping Allowed	✅