General Fees
Please find below information regarding relevant fees for Oxtrades clients.
1. WITHDRAWAL FEES
If your account is fully verified and you have opened at least one trade, your
first withdrawal is free of charge. If your account is not fully verified or if your
account is verified, but you have not opened at least one trade, a withdrawal fee of
10 USD, 10 EUR or JPY 1,500 (as per account currency) will be charged.
For the withdrawals following the first one, the below charges are applicable:
Credit Card
Debit Card 3.5%
Prepaid Card E-wallets: 30 USD
Wire Transfer
(as per account currency)
30 EUR
4,200 JPY
2. INACTIVITY FEES
Fees may be payable by you by virtue of the fact that the Platform is continually
provided to you for trading, regardless of your actual use. If there are no transactions
(deposits, withdrawals or newly opened positions) on your Account for a period of
at least 1 (one) month or more, the Company reserves the right to charge a monthly
inactivity fee on your Account, in return for the provision of the continued availability
of your Account. You agree that you are liable to and will pay the applicable fee as
notified to you from time to time and that we may deduct such fee from any funds
held by us on your behalf.
Inactivity period Monthly Account Inactivity Fee (as per account currency)
0 to 1 month
- 0
1 to 2 months
- 100 USD
- 100 EURO
- 14,500 JPY
2 to 6 months
- 250 USD
- 250 EURO
- 36,250 JPY
Over 6 months
- 500 USD
- 500 EURO
- 72,500 JPY
3. MAINTENANCE FEE
Maintenance Fee will be charged each month, regardless if there are transactions
(deposits, withdrawals, or newly opened positions) on your Account or not. However,
if for a period of at least one (1) months or more, there will be no transactions in
your Account, the Company reserves the right to charge a monthly inactivity fee, in
accordance with Section 2 above and Maintenance Fee. You agree that you are liable
to and will pay the applicable fee as notified to you from time to time and that we
may deduct such fee from any funds held by us on your behalf. The exact fee will be
calculated according to the currency denomination of your Account and is set out as
follows or as changed by the Company from time to time and notified to the Client:
Monthly Maintenance Fee
(as per account currency)
- 10 USD
- 10 EURO
- -1500 JPY
4. SPREAD INFORMATION
Spread is the difference between the bid(sell) and ask (buy) price. The difference is
presented in pips and reflects the cost of opening a position.
5. SWAP INFORMATION
Swap is the interest added or deducted from the value of your position and is only
charged when a position is held open overnight. For commodities and indices there
is a fixed swap fee for keeping the position open overnight.
Although there is no rollover on Saturdays and Sundays when the markets are closed,
banks still calculate interest on any position held over the weekend. To level this time
gap, Oxtrades applies a 3-day rollover strategy on Wednesdays.
6. DEPOSIT FEES
There are no deposit fees charged to the client.
7. FINANCING FEES
There are no financing fees charged to the client.
Voya Group (IBC) LTD
Oxtrades is operated by Voya Group (IBC) LTD, a St Lucia Islands investment firm.
Voya Group (IBC) LTD, registration number 2024/ 202400158/ 03.
Registered Address: ADCO Incorporated #10 Manoel Street, Castries, St. Lucia.
Website: www.oxtrades.net
Email: [email protected]
