BrokAIr Reviews

Oxmarkets Review

"Oxmarkets is one of the most controversial online brokerages, with its unorthodox approach to trading causing a stir amongst experienced traders."Why is Oxmarkets so polarizing?

Did you like this broker?

Overview of Oxmarkets

Oxmarkets is an online brokerage that allows users to trade in a variety of financial instruments, including foreign exchange (Forex), commodities, stocks and indices. Founded in 2017, the company is based in Limassol, Cyprus, and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Oxmarkets provides access to a wide range of markets worldwide and offers a variety of features aimed at helping traders make informed decisions.

Pros of Oxmarkets

Cons of Oxmarkets

Founders of Oxmarkets

Oxmarkets was founded by a team of experienced financial professionals with a shared passion for trading. The company is led by CEO Edward Williams, who has over 15 years of experience in the financial industry. The other founders are Chief Investment Officer Robert Jones and Chief Operating Officer Howard Lewis. Together, they bring a wealth of knowledge and expertise to the company.

Public Opinion of Oxmarkets

Overall, public opinion of Oxmarkets is generally positive. Many users appreciate the wide range of markets that are available and the competitive spreads offered. Additionally, the CySEC regulation provides an added layer of security for customers’ funds. The lack of a MT4 platform and limited payment methods are some drawbacks that have been noted by users.

Newsworthy Events Around Oxmarkets

In 2018, Oxmarkets was granted a CySEC license, allowing the company to provide services across the European Union. In 2020, the company launched its own trading platform, which offers users advanced charting and analysis tools to help them make informed decisions. Also in 2020, Oxmarkets joined forces with global liquidity provider PrimeXM to offer its customers access to deeper liquidity pools in order to execute trades faster and with greater accuracy.