OEXN is a newer CySEC-licensed broker (licence 423/22, firm founded 2023) that markets a wide standard-account EUR/USD spread (around 5 pips) alongside a separate VIP Raw ECN account advertised from 0.0 pips plus a $4/lot commission.
| Regulated entity | OEXN Limited |
|---|---|
| Regulation | CySEC No. 423/22 |
| Other Tier-1 regulators | None confirmed |
| Founded | 2023 |
| Headquarters | Limassol, Cyprus (106 Gladstonos, Limassol, 3032) |
| Minimum deposit | $250 / €250 |
| Avg. spread (EUR/USD) | 5 pips |
| Platforms | MT4, MT5, Proprietary (Multi-Asset Platform) |
| Instruments | Not independently confirmed |
See OEXN's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | No confirmed Standard/Raw/ECN/Islamic tier naming was found; trading is offered via MT4, MT5, and a proprietary multi-asset platform, with a $200 minimum deposit and leverage up to 1:500 on FX / 1:200 on indices. |
|---|---|
| Execution model | Its CySEC licence is specifically described by one source as a "Market Making" licence, implying a dealing-desk model despite marketing language about tight, transparent pricing. |
| Withdrawals & deposits | Marketing material claims quick, convenient funding and withdrawal with no hidden fees, but no independently verified list of methods, fees, or minimums was found. |
| Overnight financing (swap) | Not found; an Islamic/swap-free account wasn't confirmed either way. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Not found. |
| Customer service | Trustpilot currently shows OEXN's aggregate rating as unavailable due to a breach of Trustpilot's guidelines, though individual reviews remain visible. Separately, several generic scam-recovery-style blog posts describe withdrawal-denial complaints citing fabricated fees under the "OEXN Global" name -- these read like the kind of content that often targets broker names generically or describes clone sites, so this is flagged as unverified rather than asserted as fact about the CySEC-regulated firm. One tracker gives OEXN a very low score while a different page from the same tracker gives a much higher one -- an unresolved discrepancy between sources that couldn't be settled in this research. A further data point in the same vein: Malaysia's Securities Commission reportedly issued an unlicensed-activity warning against "OEXN Global" in October 2025 -- given the "OEXN Global" naming pattern seen in the scam-recovery posts above, this may concern a clone or unrelated entity rather than this CySEC-licensed firm specifically, but it hasn't been independently resolved either way, so it's noted here rather than omitted. |
| Mobile experience | One user comment states OEXN has no mobile app yet, with the company reportedly working on one. |
| Educational offering | Not found. |
See how OEXN's spread cost compares across every researched broker → · Forex broker fees explained
Is OEXN regulated?
Yes -- CySEC No. 423/22. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if OEXN fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at OEXN?
Our research confirms a minimum deposit of $250 / €250.
What trading platforms does OEXN offer?
OEXN offers MT4, MT5, Proprietary (Multi-Asset Platform).
What is OEXN's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 5 pips. See our cost calculator to compare this across every broker we've reviewed.
When was OEXN founded?
OEXN was founded in 2023.
How is OEXN's overall score calculated?
OEXN currently scores 2.28/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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