Ox Securities Review
Ox Securities is an online trading broker that was founded in 2013 with the goal to promote integrity, honesty, and transparency in financial trading. The broker offers forex, indices, commodities, and cryptocurrencies, with no minimum deposit required to open a trading account.
Ox Securities Review, Pros & Cons
- MetaTrader 4 trading platforms
- Educational resources
- Some trading tools
- Multiple financial markets
- Flexible payment options
- No USA clients
- Not the lowest commissions
- No MetaTrader 5 platforms
In this detailed Ox Securities review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Ox Securities is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Ox Securities.
Ox Securities Review: Summary
Ox Securities is an STP broker that provides traders with sophisticated trading platforms for trading several financial instruments. They offer spreads from just 0.0 pips, flexible leverage of up to 1:400, competitive commissions, and the latest trading technology. The broker provides traders with some useful learning resources, trading tools, and 24/5 customer support.
Ox Securities Review: Regulation
Ox Securities is regulated in Australia by the Australian Securities and Investment Commission (ASIC): AFSL 438402 ACN 163551602.
In Saint Vincent and the Grenadines, the broker is regulated by the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA).
Ox Securities Review: Countries
Ox Securities do not offer their services to residents of certain jurisdictions or regions, including Australia and the United States of America.
Some Ox Securities features and products mentioned within this Ox Securities review may not be available to traders from certain countries because of legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Ox Securities Review: Trading Platforms
The broker provides traders with the MetaTrader 4 trading platform (MT4), which is one of the world’s most popular online trading platforms for forex and CFDs. The platform has the following basic features:
- Fully customisable interface
- One-click trading
- Customisable market watch
- Live price feed (no delays) on demo and live accounts
- Multiple chart types and timeframes
- Technical indicators for market analysis
- Trade using automated strategies (EAs)
The platform is available as a desktop application for Windows and Mac computers, a web terminal, and a trading app that is designed specifically for mobile devices running on Android and iOS.
Ox Securities Review: Trading Tools
In addition to the trading tools built into the MT4 trading platform, the broker’s website has an Economic Calendar that shows the schedule of market events along with their expected impacts on the financial markets.
Ox Securities Review: Education
There are several educational resources on the broker’s website; they help to improve clients’ trading knowledge whilst keeping them informed on the events that happen in the financial markets. These educational resources include market commentaries, video tutorials, trading articles, and more.
Ox Securities Review: Trading Instruments
Ox Securities offers the following trading products: forex, indices, commodities, and cryptocurrencies.
Ox Securities Review: Trading Accounts & Fees
The broker offers a choice of three live trading account options, namely: Standard, Pro, and Swap Free Accounts. There is no minimum deposit requirement on each of the account types. They all offer access to trade on the MT4 platform, with reasonable spreads and commissions, and leverage of up to 1:400.
The demo account enables you to practice your trading strategies and familiarise yourself with the brokers trading platform, products and services.
As broker fees can vary and change, there may be additional fees that are not listed in this Ox Securities review. It is imperative to ensure that you check and understand all of the latest information before you open an Ox Securities broker account for online trading.
Ox Securities Review: Customer Service
Ox Securities provides traders with a knowledgeable customer support team that is available 24/5 to respond to all their trading inquiries. The team can be contacted through telephone, email, Live Chat, and social media.
Ox Securities Review: Deposit & Withdrawal
All account deposits and withdrawal requests are processed using any of the following payment methods:
- Bank wire transfers
- Credit/Debit Cards: Visa, MasterCard, and Maestro
- Online Payment Processors, including PayPal, Neteller, and Skrill
The time taken to process transactions may vary depending on the payment method in use.
Ox Securities Review: Account Opening
Potential traders who are looking to open an account with the broker are required to just click on the “Open Live” tab at the top-right corner of the broker’s website and fill the form that pops out.
It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Ox Securities Review: Conclusion
Founded in 2013 with offices in Australia and Saint Vincent and the Grenadines, Ox Securities is a regulated multi-asset brokerage firm that allows traders to buy and sell several financial assets via the MT4 trading platform. Traders benefit from competitive trading conditions, such as low commissions, flexible leverage, low spreads, and a range of learning and trading tools.
Foreign exchange contracts and contracts for differences, are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone. You may incur losses that are substantially greater than your initial investment. You do not own, or have any rights to, the underlying assets to which the OTC derivative is referring. You should only trade with money you can afford to lose. There are also risks associated with online trading including, but not limited to, hardware and/or software failures, and disruptions to communication systems and internet connectivity.