London & Oxford
Basic Information
Pros and Cons
Pros
- Regulated by FCA
- Over 20 years of experience
- Offers MT4/5 trading platforms
- Segregated client funds
Cons
- Not currently engaged in regulated activities
- Mixed reputation regarding transparency
- Withdrawal process complaints
- Inadequate customer support reported
Is London & Oxford Safe and Legit?
London & Oxford, registered in the United Kingdom since 2000, has over 20 years of operational experience. The broker offers a range of trading instruments with varying leverage and spreads, utilizing the MT4/5 trading platforms.
Despite its FCA regulation, London & Oxford is not currently engaged in regulated activities, which raises significant safety concerns. As such, it is advisable for potential clients to exercise caution when considering this broker.
Market reputation for London & Oxford appears mixed, with feedback indicating issues related to transparency, customer service, and withdrawal processes. Users have reported frequent complaints regarding insufficient support and lack of accessible information, leading to a general perception of high risk associated with this broker.
Is London & Oxford a Regulated Broker?
What Are the Regulatory Licenses Held by London & Oxford?
London & Oxford, registered in the United Kingdom since 2000, is regulated by the Financial Conduct Authority (FCA). However, it is important to note that the broker is not currently engaged in any regulated activities under Part 4A, which poses significant safety concerns for potential clients. Therefore, while there is an FCA regulation in place, it does not imply active regulatory oversight. Caution is advised when considering this broker due to these circumstances.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
London & Oxford holds client funds in independently regulated bank accounts, maintaining segregation from the broker’s own assets. However, details regarding specific regulatory rules on fund segregation are not provided. Clients should be aware of potential risks associated with fund safety.
London & Oxford Leverage
The broker offers maximum leverage multiples across various product categories, distinguishing between standard and professional account configurations. Compliance with legal limits in the jurisdictions of its regulatory license is uncertain, and client classification (retail/professional) may impact leverage availability.
London & Oxford Withdrawal Review
How to Contact London & Oxford?
Does London & Oxford Have Withdrawal Issues?
London & Oxford has garnered a mixed reputation regarding withdrawal processes, with common complaints centering on delays and inadequate support. Credible sources of feedback indicate a notable number of users reporting issues linked to transparency and customer service. The broker’s response to these complaints appears insufficient, with users citing long response times and unresolved issues. There are indications of repetitive complaints about withdrawals, contributing to a perception of high risk. However, no significant public complaints or regulatory penalties have been recorded, though caution is advised due to the broker’s operational situation.
Frequently Asked Questions
A1: Yes, London & Oxford is a registered broker in the United Kingdom, regulated by the Financial Conduct Authority (FCA). However, it is important to note that it is not currently engaged in any regulated activities, which raises concerns about its legitimacy for potential clients.
A2: While London & Oxford is regulated by the FCA, it is not currently undertaking any Part 4A regulated activities, which means there is limited regulatory oversight. This situation calls for caution, as the absence of active regulatory engagement can pose significant safety concerns for clients.
A3: London & Oxford claims to hold client funds in independently regulated bank accounts, ensuring segregation from the broker’s own assets. However, specific details regarding the regulatory rules on fund segregation are not provided, so clients should remain aware of potential risks.
A4: Yes, London & Oxford has a mixed reputation concerning its withdrawal processes, with many users reporting delays and lack of adequate support. Complaints about transparency and customer service are common, contributing to a perception of high risk associated with this broker.
A5: Clients can reach out to London & Oxford via phone at +44 (0)20 3746 5800 or email at info@londonandoxford.com for any inquiries or support needed.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.