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Global Broker Regulation & Inquiry App

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FXOAK

New Zealand|5-10 years|
High potential risk|

https://www.fxoak.com

Website

Rating Index

Contact

cs@fxoak.com
https://www.fxoak.com

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

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Company Name

FXOAK

Abbreviation

FXOAK

Platform registered country and region

New Zealand

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FXOAK · WikiFX Survey

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FXOAK · Company Summary

FXOAK Review Summary in 6 Points
Company nameFXOAK
Registered country/regionNew Zealand
RegulationUnregulated
Trading PlatformsMT4,Mobile Trading,cTrade,Web Trading
Market Instrumentsfinancial derivatives,Cryptocurrencies,Forex,CDFs,Commodities, Stocks, Indices
Customer SupportQQ:800816639
Consulting Agent:ib@fxoak.com
Live chat
Email:cs@fxoak.com

FXOAK Information

FXOAK is a New Zealand-based foreign exchange trading brokerage company. FXOAK provides access to the MetaTrader 4 (MT4) trading platform and offers a wide range of tradable assets, including financial derivatives, cryptocurrencies, forex, CFDs, commodities, stocks, indices, etc.

FXOAK Information

Pros And Cons

ProsCons
No handling feeNot regulated
Instant payment
Low deposit

Is FXOAK Legit?

You need to note that according to wikifxs investigation, FXOAK is currently not regulated by any recognized financial authorities.

Is FXOAK Legit?

What Can I Trade on FXOAK?

After opening an account with FXOAK, you can trade several products including financial derivatives, Cryptocurrencies, Forex, CDFs, Commodities, Stocks, Indices, etc.

Tradable Instruments Supported
Financial derivatives
Cryptocurrencies
Forex
CFDs
Commodities
Stocks
Indices

Account Type

  • About Real Account:

FXOAK provides two account types: Ordinary account and VIP account.

Ordinary account: The maximum investment amount for ordinary accounts is $8,000. You can place continuous orders.

VIP account: Becoming a VIP customer requires a one-time deposit of more than $10,000. You can get up to 20% bonus and there is no time limit on the bonus. The maximum investment amount for VIP accounts is $12,000. You can place continuous orders.

Account Type

FXOAK Fees

Traders can make unlimited deposits and withdrawals. Deposits and withdrawals will involve some bank fees, but these fees are borne by the trader and all entry fees are refunded to the trader. FXOAK generates commissions based on customers trading volumes, not fees charged for customer deposits and withdrawals, so the broker does not charge any fees.

Trading Platform

Trading PlatformSupportedAvailable Devices Suitable for
MT4PC,MACAnyone
cTraderPC,MACAnyone
FXOAK APPMobile phone usersAnyone
Plug-inPC,MACAnyone

Deposit and Withdrawal

FXOAK offers a variety of deposit and withdrawal methods to meet customer needs. Here is a summary of the available methods, associated fees and minimum transaction amounts:

Deposit and Withdrawal
Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositFees Processing Time
Debit card$20No mentionInstant
WeChat Payment$20No mentionInstant
Wire transfer$20$25 service chargeInstant
Carte Bleue$20No mentionInstant
WebMoney$20No mentionInstant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Debit card$20No mention1 working day
WeChat Payment$20No mention1 working day
Wire transfer$20$25 service charge5-7 working days
Carte Bleue$20No mention1 working day
WebMoney$20No mention1 working day

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