The project offers a trading platform that is designed based on artificial intelligence. In addition, the intermediary promises excellent trading conditions. It is worth noting that the official site is managed by Voya Group (IBC) LTD, authorized in Saint Lucia. However, the company does not provide any information about its history.
Should you trust your funds to an unfamiliar brokerage firm? We will check all OxTrades data in the review of this project so that you can be sure of the reliability of the broker or, on the contrary, doubts about its legitimate activities.
How to Trade
The firm offers clients CFD trading on more than 430 assets. Some services and the following terms the four account types:
- Leverage size from 1:100 to 1:400.
- Minimum lot (0.1-0.001) and maximum lot (100-1,000,000).
- Spreads from 1 to 0.001 pips, depending on the tariff level.
The company does not specify the minimum deposit in the description of trading plans. “You can start with 250 dollars,” the broker writes on the “Forex” page, probably, this is the entry amount.
Additional earnings for clients are possible in the form of bonuses, seasonal promotions, and referral rewards. The interface supports 6 languages, including European and Asian.
OxTrades Vital Info
The broker claims that it is present in 45 countries and serves 18,478 successful traders, but reports do not confirm this information. It is worth noting that the website contains a section with photos of team members and indications of their positions. However, the qualifications of the employees are not confirmed. In addition, the lifespan of the project has not been disclosed. As for the domain, it was registered only in January 2024. Judging by the management company number 2024-00158, it is indeed registered in 2024.
We found Voya Group (IBC) LTD in the registry of companies registered in Saint Lucia. Unfortunately, we were not able to detect the ownership of oxtrades.com by this brand,since some information about the company is missing from the list of this offshore company. Meanwhile, the connection between the site and the company is very doubtful for us, as well as the data on the number of registered users. It is unclear why the broker does not publish copies of the registration certificate of the legal entity and the license for financial activities on the website.
I was not prepared to fall into a scam, but it happened... Nothing can change now :( These fraudsters stole about 6,000 dollars from my account, and I didn't even realize it was a scam. Swindlers know how to disguise themselves as decent... so you should be careful with Oxtrades.
These scammers made me believe that I could easily double my savings in just three months. I invested €15,400 and I thought at the time that I had made the right move. They even showed me some profit reports, everything seemed so real. I traded the shares under the guidance of a manager and made a profit of about 30 percent a month. But when I decided to withdraw some of my money, it turned out that my account was blocked. I tried contacting oxtrades through all sorts of channels, but all to no avail. So the scammers educated me, taught me a cruel lesson and I know now from my own experience that all these offshore firms are scams.
I was delighted with the trading conditions of this broker. OxTrades has developed many interesting benefits for its clients. For each deposit, you will get a bonus in the form of money. Few people give such bonuses, as well as money for registering your account and for each registration of your friend, plus prize promotions with mailing notification. And the main thing is that all these bonuses can be withdrawn :) In addition, the site is convenient, support service is good, trading conditions are excellent, so I trade with profit and withdraw money every week without any problems. I did not find any flaws on the terminal, the charts suit me. You can not worry about the safety of their funds, cooperating with this broker, I highly recommend this site!
I opened an account and started trading forex currencies and crypto, and then I saw that all trades were closed on fake liquidity, OxTrades support staff couldn't even name the quote provider, why would a broker hide this? I believe that this is a SCAM site, not an advanced intermediary using artificial intelligence to increase the earnings of traders on Forex!
My story started when I believed these scammers and decided to invest 8,000 USDT in cryptocurrency assets. At first everything was going well, my trades were showing profits, but when I asked the managers to withdraw part of the funds, 3,500 USDT, the delays started. Technical problems occurred first on the platform, then there were security demands for additional verification. In the end, OXTRADES claimed to have transferred my money to my cryptocurrency wallet, but I never received it. I have a feeling of deception and complete powerlessness.
The scheme of this company: its representatives called me for several days, and told me that I won some prize. After a long conversation, they convinced me to visit their website. I registered and found out more about their offer of a free start for CFD trading. They spoke so convincingly about the opportunity to make quick money that I even believed in all their promises and started trading. Meanwhile, Oxtrades has a good technical support, which quickly and efficiently solved all my questions. And then I started to realize that they were only trying to lure me out of as much money as possible, and all their promises of huge money were just a trap, because I couldn't withdraw the bonus funds, as well as the profit, until I deposited the exact same amount of money, about 5 thousand dollars, from which I could supposedly earn more... I think my deposit would have ended up being wasted... I am glad that I managed to get away from these annoying managers in time, but I am sure that this broker works like this...
This broker can not provide good trading conditions. The platform is horribly laggy, trades open very slowly :(
I do not understand the methods of working with the client when the firm changes the terms of trade on the fly! I don't remember such strange projects as oxtrades.com. The manager explained to me all the features of the platform at the first consultation, I deposited 2 thousand euros, we agreed that I would trade for 2 weeks and then I could withdraw the money. But when these 2 weeks passed, he told me that I had to trade for 2 more weeks, and in addition I had to participate in some mandatory transaction. As a result, I did nothing, but deposited money all the time and did not try to withdraw anything. However, now this situation is starting to worry me: what kind of conditions are these?!! Have you guys experienced this? I don't want to deposit any money on oxtrades anymore, I'm afraid it might be a scam...
This is an unreliable broker. It's a good thing I kept a small deposit with OXTRADES because they have a lot of withdrawal problems. I do not advise you to consider this company if you are looking for a reliable partner. I can't say anything good, my experience is negative.
I have never experienced such a terrible disappointment as I have with Oxtrades, even though I am an experienced trader. Our entire joint business was one big deception on the part of the broker - starting from incompetent tech support to completely ignoring my withdrawal requests. As a result, all my funds disappeared without a trace, almost $4,000. This is inexcusable and requires legal intervention.
I can say that the broker provides favorable and comfortable conditions for traders. I didn't plan to deposit more than 500 dollars on oxtrades.com, but after the first deal, I earned 140 dollars and decided that I should increase my deposit. Not all my trades were profitable, but there were more successful ones, and the platform itself works very fast, which also plays an important role in making a profit. Of course, a big role in my choice is played by the automatic program with AI on the terminal and fast withdrawal of money from the account, I also pay attention to this. However, adequate commissions are the basis of OxTrades' attractiveness, and the company is also an innovative international provider of CFDs, which is also a big plus for the broker. I don't want to say that everything is perfect and I can list the shortcomings of the platform, but in general, it's possible to make a profit here, and the money is always withdrawn without problems, there have never been any delays.