Verified: Ox Securities This Company's Domain Name Was Registered On July 14, 2020 And Is Currently Regulated By The Australian ASIC. According To The Inquiry, The Company Is Suspected Of Having A Deck.
According To The Company's Official Website:
Ox Securities Claims To Be A Multi-asset Broker Established In 2013. It Provides Traders With Access To Financial Instruments Such As Foreign Exchange (foreign Exchange), Indices, Commodities, Stocks, And Cryptocurrencies To Trade Through Contracts For Difference (CFDs).
Ox Securities Claims To Have Years Of Experience In The Industry And Is Regulated By ASICs, Which Indicates A Certain Level Of Stability And Expertise. However, It Is Important To Note That Ox Securities Is Beyond The Scope Of ASIC-regulated Business, Which May Indicate That They Offer A Diverse Range Of Financial Instruments To Their Clients, But Also Raises Potential Concerns About Regulatory Oversight.
Advantages
Diverse Trading Tools
MT4 And MT5 Trading Platforms
Multiple Account Types
Multiple Account Funds Withdrawal Methods
No Deposit Fee
No Minimum Deposit Requirement
Disadvantages
Beyond ASIC Regulation
Limited Customer Support Options
Limited Trading Tools
Market Tools
Users Of Ox Securities Have Access To Market Tools Including Forex, Cryptocurrencies, Indices And Commodities.
Forex Trading Involves Buying And Selling Different Currency Pairs. Traders Can Participate In Trading Major Currency Pairs Such As EUR/USD, GBP/USD, USD/JPY, As Well As Minor And Exotic Currency Pairs.
In Addition, Ox Securities Allows Customers To Trade Cryptocurrencies, A Digital Or Virtual Currency That Uses Cryptography To Trade Securely And Control The Creation Of New Units.
In Addition, Indices Are Also Available For Trading On The Ox Securities Platform. It Represents A Statistical Indicator Of The Performance Of A Particular Asset Group, Such As Stocks, Bonds Or Commodities.
Finally, Customers Can Choose To Participate In Commodity Contracts. OX Securities Offers A Flexible And Easy Way To Participate In The World's Most Popular Commodity Products, Including Energy And Precious Metals.
Account
Demo Account: Ox Securities Offers An Open-ended Demo Account That Lets You Try Financial Marekt Without The Risk Of Losing Your Money.
Real Account: Ox Securities Offers A Total Of 3 Account Types: Standard Account, Professional Account, And Interest-Free Account.
With Ox Securities, A Trader Can Open An Account And Start Trading Without The Initial Deposit Requirement. However, We Should Be Aware That Having Too Little Money Not Only Reduces Losses, But Also Profitability. Therefore, You May Find It "boring" Or Not Making Any Money. In Addition, Traders With Smaller Initial Deposits On Their Accounts Tend To Have Poorer Trading Conditions.
Leverage
Ox Securities Offers A High Leverage Ratio Of 1:500 For All Types Of Trading Accounts. Such A High Leverage Ratio Can Lead To Considerable Gains On Even Small Price Swings. However, It Is Important To Note That High Leverage Trading Also Comes With Increased Risk.
Spreads And Commissions
Ox Securities Offers Different Types Of Trading Accounts, Each With Its Specific Characteristics And Cost Structure.
Standard And Interest-free Accounts With A Starting Spread Of 1.0 Pips. These Accounts Do Not Charge Any Commissions And Are Beneficial For Traders Who Like To Avoid Additional Trading Costs.
Professional Accounts Are Designed For Experienced Traders With A Starting Spread Of 0.0 Pips. However, Professional Accounts Do Have A Commission Structure, Charging A Commission Of $3.50 Per 100,000 Units Traded.
Trading Platform
Ox Securities Offers Traders The Popular MetaTrader 4 (MT4) And MetaTrader 5 (MT5) Trading Platforms. MetaTrader 4 (MT4) Is Available On Windows, Mac, IOS, Android And Linux Devices, While MetaTrader 5 (MT5) Is Available On Windows, Mac, IOS And Linux Devices.
MT4 Is A Popular And Widely Recognized Trading Platform Known For Its User-friendly Interface And Powerful Features. It Offers Advanced Charting Capabilities, Technical Analysis Tools, Customizable Indicators, And The Ability To Automate Trading Strategies Using Expert Advisors (EAs).
MT5, As An Upgraded Version Of The MT4 Platform, Provides A Wider Range Of Market Analysis Tools And Access To Additional Exchange Markets. With All The Tools Needed For Fundamental And Technical Analysis, Including Custom Indicator Development, The Platform Is A Complete Suite.
Ox Securities Also Offers Mobile Versions Of IOS And Android, Giving Traders Access To Their Accounts Anytime, Anywhere.
Deposits And Withdrawals
Customers Can Make Deposits Via Visa And Mastercard, FasaPay, Bank Transfer, UnionPay, Local Funding Options, Interac, Skrill, Neteller And Crypto. Ox Securities Offers Zero Processing Fees For Deposits. In Addition, There Is No Minimum Deposit Requirement, Giving Traders The Flexibility To Start Trading Based On Their Comfort Level.
To Withdraw Funds From Your Ox Securities Trading Account, Please Log In To The Secure Client Portal Using Your Email Address And Password. Once Logged In, Navigate To The Deposits And Withdrawals Section And Select "Withdraw Funds" From The Drop-down Menu. However, No Specific Information Regarding Withdrawals Is Provided. For Accurate Details On Withdrawals, Please Refer To The Broker's Website Or Contact Their Customer Support.
Client Server
Australia Phone: + 61 2 7202 6730
Worldwide Phone: + 1 213 459 3544
Email: [email protected]
Additionally, Ox Securities Offers Live Chat Support.
