Ox Securities review

Regulated by

Entity/jurisdiction dependent

Regulator tier

Offshore/international for current global offering

Client money segregated

Yes

Held at

Top-tier global banks

Negative balance protection

No

Compensation scheme

No statutory compensation scheme identified for global clients

Audited by

Not prominently disclosed

Not available to

Australia, United States, North Korea, Iran, Syria, Cuba, Sudan, Myanmar, Zimbabwe, Russia, Crimea and jurisdictions where services are unlawful

A regulator is also the body that publishes what a broker has done wrong, which is half the reason the licence matters.

Ox Securities lists its regulation as Entity/jurisdiction dependent.

Legal entity

Ox Securities Ltd

Headquarters

International operation

Founded

2013

Publicly listed

No

Parent company

Independent

Employees

Approx. 50-200

Also trades as

OX Securities

Deposit methods

Bank wire, credit/debit cards and additional payment methods

Withdrawal methods

Bank transfer, cards and supported payment methods

Deposit time

Instant for supported methods; bank transfers take longer

Withdrawal time

Method-dependent

Local payment methods

Region-dependent

Spread from

0.0 pips

EUR/USD spread

Variable; live average not published

GBP/USD spread

Variable; live average not published

Commission

$7 round turn, Pro

All-in cost, EUR/USD

Variable

Spread type

Variable

Overnight swap

Both: overnight swaps may be charged or credited

Inactivity fee

$0 account keeping

Deposit fee

$0 internally

Withdrawal fee

Method-dependent

Currency conversion

Applicable where currencies differ

Complaints about cost are usually complaints about swap and inactivity fees rather than the spread.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Ox Securities lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Shares, Indices, Commodities, Metals, Energies, Cryptocurrencies

Currency pairs

80+

Total instruments

10,000+

Crypto CFDs

Yes

Maximum leverage

1:500

Execution model

OTC CFD / liquidity-provider execution

Execution speed

Not reliably published

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop and MetaTrader pending orders

Servers

Equinix NY4

Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

Ox Securities covers forex, shares, indices, commodities, metals, energies, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: bank wire, credit/debit cards and additional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, IRESS, Ox Securities Mobile App

Own platform

Yes, mobile app/account functionality

Mobile app

Proprietary and MetaTrader

Browser trading

Yes

Automated trading

Yes

Copy trading

PAMM/money-management solutions

Indicators

MT4/MT5 indicators and custom indicators

Third-party tools

MetaTrader 4, MetaTrader 5, IRESS

API access

Institutional/professional connectivity available

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Minimum deposit

$0

Account types

Standard, Pro, Swap Free, Demo

Account currencies

Multiple currencies

Islamic account

Yes, Swap Free

Demo account

Yes

Professional account

Professional/managed solutions available

Minimum trade size

0.01 lots

Time to open

Fast online application

Support hours

24/5

Contact channels

Live chat, email, phone, WhatsApp, Telegram, Facebook Messenger

Languages

Multilingual

Telephone

N/A

Email

N/A

Live chat response

Typically within minutes

Education

Extensive: CFD modules, educational videos, trading guides, platform education and Help Centre

Research

Market education, calculators and trading resources