ANSWER Dear Investor,
We strongly advise against trading with OXShare, as it is not a safe or compliant trading platform.
OXShare states that it operates as OXShare Limited, registered with the Saint Lucia International Financial Centre (IFC). However, please note that this registration does not equate to a valid forex brokerage license. The Saint Lucia IFC does not regulate foreign exchange activities or issue financial licenses.
Moreover, OXShare does not disclose any genuine regulatory oversight, meaning it operates without proper financial regulation.
Even more concerning, on May 29, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added OXShare to its warning list for offering investment services without authorization. This is a serious red flag indicating that the platform is operating illegally in regulated markets.
Given these clear red flags, we strongly recommend that you avoid engaging with OXShare to protect your funds.
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