Forex Hoxsin Broker Review

Performance Matrix

Main Score & Risk Matrix

#185

Score

7.8

Excellent

Hoxsin is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 8.0

Business 7.3

Risk Control 7.6

Software 8.3

Regulatory 7.8

Terminal Snapshot

Hoxsin Trading Conditions

Registered Region Japan

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email customer@hoxsin.co.jp

Contact Number +810120282094

Website www.hoxsin.co.jp

Balanced Review

Pros & Cons

Pros

Regulated by FCA and ASIC
Diverse range of trading instruments including Forex, commodities, and cryptocurrencies
Platforms: MetaTrader 4 and proprietary trading app
Comprehensive educational resources including webinars and trading guides
Competitive trading conditions with low spreads and high leverage options

Cons

Not regulated by major authorities like FCA or ASIC
Limited trading instruments available
Platform lacks advanced trading tools
No comprehensive educational resources offered
High withdrawal fees for certain payment methods

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Hoxsin	FXTF	Phillip	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Japan	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	7.8/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Hoxsin Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Low spreads, user-friendly platform	Suitable for small-capital practice
Professional Account	Experienced traders and institutions	High leverage, tailored services	Requires trading volume qualifications
Corporate Account	Corporate clients	Customizable trading solutions	Requires corporate documentation
Islamic Account	Traders requiring a swap-free option	Compliant with Islamic finance principles	Verification of eligibility needed
Demo Account	New traders and those testing strategies	Practice trading without risk	No real funds involved

Account Opening Process

To open an account with Hoxsin, follow these steps:
1. Submit personal information, including your name, email, and contact number.
2. Provide employment details and financial information to assess your trading experience and capacity.
3. Complete identity verification by uploading a valid ID and proof of address.
4. After the initial setup, you have the flexibility to upgrade to a professional account as your trading experience grows.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive rates for popular pairs
CFDs (Stocks)	1.5	$0 (ECN: $5/lot)	Standard spreads on major stocks
CFDs (Indices)	1.0	$0 (ECN: $4/lot)	Variety of index options available
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

Other fees to consider include:
– Deposit/withdrawal fees: No fees for bank transfers.
– Inactivity fees: Applicable after a period of inactivity (check specific terms).
– Platform usage fees: None, access to trading platforms included.
– Overnight interest: Swap rates apply based on market conditions.
– Currency conversion fees: May apply for trades involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Hoxsin is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Hoxsin User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Akira Tanaka

Tokyo, Japan

★ ★ ★ ★ ★

I have had a terrible experience with Hoxsin. My withdrawal request took over a week to process, and their customer support was unresponsive and unhelpful. I regret choosing this broker and would not recommend it to anyone.

Yuki Sato

Osaka, Japan

★ ★ ★ ★ ★

The interface of the Hoxsin trading platform is decent, but the support is lacking. I faced issues with a transaction and it took a long time to get a reply. I expected much more for a regulated broker.

Kazuki Yamamoto

Nagoya, Japan

★ ★ ★ ★ ★

Hoxsin has a fast and intuitive platform for trading commodities. I appreciate the variety of trading tools available. Withdrawals are straightforward, and customer support is generally helpful. Just a few hiccups along the way.

Haruka Watanabe

Fukuoka, Japan

★ ★ ★ ★ ★

I’ve been trading with Hoxsin for over a year now, and I couldn’t be happier. The platform is reliable, and transactions are processed quickly. Their customer service has always been responsive and knowledgeable. Highly recommend!

Japan Market