Review summary
Xonic Capital Ltd is a forex broker established within the last 2-5 years and registered in Saint Lucia, a jurisdiction often associated with limited financial oversight. The broker offers three account types: Standard with a $100 minimum deposit and spreads from 2.5 pips, Pro with a $500 minimum and spreads from 1.5 pips, and ECN with a $1000 minimum. Maximum leverage across all accounts is 1:500. According to WikiFX assessment, the broker holds no valid authoritative forex trading licenses, meaning it operates without regulatory supervision from a recognized financial authority. The absence of a credible regulatory framework poses inherent risks for traders, as there is no external oversight to ensure compliance with industry standards. The broker's WikiFX score stands at 1.39 out of 10, reflecting a low overall rating. In conclusion, potential traders should be aware that Xonic Capital Ltd currently lacks any form of mainstream forex regulation, and the lack of a safety net from a regulatory body is a significant factor to consider. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-17)
