OXShare Spreads, leverage, minimum deposit Revealed

OXShare Information

　　OXShare, which was started in 2021 and is based in Lebanon, lets you trade a range of assets through MT5, such as FX, equities, commodities, indices, and cryptocurrencies. It has high leverage and several account types, but it isn't officially regulated.

Pros and Cons

Is OXShare Legit?

　　No, OXShare is unregulated. OXShare is not licensed or monitored by any regulatory authority in its registration nation of Lebanon or major international regulators such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or CFTC/NFA (US).

　　The Whois lookup shows that the domain oxshare.com was registered on January 23, 2021, and will end on January 23, 2031. The last time the domain was updated was on April 12, 2023. It is now in a state where clients are not allowed to delete, renew, transfer, or edit it.

What Can I Trade on OXShare?

　　OXShare provides an extensive choice of trading instruments, including over 60 fx currency pairs, 600+ global stocks, important indices, popular commodities, and key cryptocurrencies, all available through MT5.

Account Type

　　OXShare has four types of live trading accounts: Starting, Cashback, Classic, and VIP. Each one has swap-free (Islamic) options and different deposit levels to fit traders of all skill levels. It also has a demo account.

Leverage

　　Across all of its account kinds, OXShare offers the most leverage, up to 1:1000. High leverage can dramatically enhance possible earnings, but it also greatly increases risk.

OXShare Fees

　　Overall, OXShares trading fees are relatively competitive compared to industry standards, especially with its zero-commission Classic account and tight spreads in higher-tier accounts.

　　Non-Trading Fees

Trading Platform

Deposit and Withdrawal

　　OXShare does not charge deposit or withdrawal fees, but intermediary banks or e-wallets may apply their own fees. The minimum deposit starts at $50 for the Standard account.