The broker OXShare claims to have 10 years of experience, over 200 employees, 170,000 clients, $1 billion in capital, $640 million in transaction volume, and forex awards. This information is provided on the website of a brokerage in Saint Lucia. While the statistics may seem impressive, it’s important to verify the credibility of a company registered in an offshore jurisdiction. Is it true that the organization has been operating since 2013, and what are the trading conditions offered here? Our review will seek to answer these questions, as well as explore the trading platform used and the opportunities available to traders.

How to Trade

OXShare offers three types of accounts to choose from:

  1. Standard. The minimum deposit is $5. It includes spreads from 0,5 pips and leverage up to 1:300.
  2. Classic. From $3,000. Spreads from 0,3 pips, and leverage up to 1:400.
  3. VIP. The minimum deposit is $50,000. Zero spread, and leverage up to 1:500.

Beginners can start with a demo account to practice trading without risking real money. OXShare also offers a swap-free feature. Trading is conducted on the popular MetaTrader 5 platform (available for Windows, Mac OS, Android, iOS, and WebTrader).

This CFD broker provides access to forex, metals, indices, commodities, cryptocurrencies, and stocks. Traders are offered a partnership program, MAM accounts, educational resources, webinars, and an economic calendar.

OXShare Vital Info

The company claims to have 10 years of experience in the forex industry, but the official website’s domain was registered in 2021. Additionally, the awards were only received in 2021 and 2022. It raises questions about how OXShare could have operated without a website before. Perhaps they had a different domain or brand in the past?

The broker is officially registered in three jurisdictions: Saint Lucia, Saint Vincent and the Grenadines, and Mozambique. While these legal entities are indeed registered in these countries, it’s essential to understand that forex broker activities are not regulated in these jurisdictions, so there can be no maximum security guarantees.


What are the key facts about OXShare?

The firm claims to have been in operation since 2013, but there are suspicions regarding this claim. It is an officially registered firm based in three jurisdictions: Mozambique, Saint Lucia, and Saint Vincent and the Grenadines. The website presents impressive statistics and mentions several awards in the forex industry. It also highlights the presence of ECN liquidity.

What's the risk to my wallet when working with this broker?

Despite having an ECN, it is primarily a CFD broker, so trading is limited to this type of financial instrument. There are no spot or futures contracts available. OXShare offers leverage of up to 1:500, which comes with increased risks that traders should not overlook. The low spreads and zero commissions raise questions about how the company generates revenue, as these are the main sources of income for a broker.

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