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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 12
Exposure
Score
Regulatory Index0.00
Business Index7.53
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Oxford Forex limited
Company Abbreviation
OXDFX
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
When I called the headquarter, they kept shirking!
OXDFX has held off my application for withdrawal for nearly one month.The platform embezzled the fund randomly!!!
The withdrawal is unavailable with the website disabled and fund remaining in the account.The customer service is out of contact.
They keep finding excuses for themselves, claiming to be a legit broker. At first they said everything would be normal until January. Now they are stalling off the time again. I cannot trade for 3 weeks. They just give me no explanation or compensation when I cannot withdraw.
The customer service,even the boss of the platform has absconded.
Fraud platform misappropriates clients’ fund and gives no access to withdrawal of it and agent commission! Fraudster.
My application for withdrawal has been held off for half month.I cannot get through the service line 4001681900 and the online customer service didn’t reply.
The withdrawal was unavailable for more than one month.I have called the police.The Chinese agent was Zhejiang huihuitong asset management co. LTD,which is located at Room 606-607, minghao building, no. 1688, binsheng road, binjiang district, hangzhou(the same address with Tou Tioa and Dou Yin).Please safeguard your legal rights or call the police asap.
Scam platform BFS can’t afford the requests for withdrawal and is just a small step away from absconding.
I applied for a withdrawal in August. I stopped believing they would give me the money. This is a scam. What should I do?
Withdrawal has been unavailable for more than fifteen days. The platform said the issue would be solved as soon as possible with an excuse of problematic channels. But fifteen days later, it comforted me with other excuses. It is apparently a delaying tactic.
Oxford Exchange is a foreign exchange agency platform under Zhejiang Huihuitong Asset Management Co., Ltd. On August 1, 2019, all the remaining funds were transferred out through the account. Oxford Exchange said that due to the system upgrade, the transfer of funds was suspended. On August 19, 2019, the transfer was changed to US dollars. The Oxford Exchange account showed success, but it has not been received so far. USD or RMB payable to Oxford Remittance. How can I get my money back.
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
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.
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.
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