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For more information about OX SECURITIES Forex Broker company profile, come to WikiBit!

Rating Index
2.47
Regulation
0.00
License
0.00
Software Index
9.82
Risk Control
0.00
Business
7.65

Pros

Wide range of trading instruments, including over 80 currency pairs and various CFDs.
No minimum deposit requirement, making it accessible for new traders.
Regulated by the Australian Securities and Investments Commission (ASIC), providing a level of safety and oversight.

Cons

No negative balance protection, which can pose a risk for traders during high volatility.
Limited customer support availability, as it operates only during business days and is unavailable on weekends.
No bonuses or promotions offered to attract new or existing clients.

OX SECURITIES Company

Ox Securities Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Ox Securities was founded in 2013, emerging as a brokerage firm that emphasizes integrity, honesty, and transparency in its operations. The company aims to provide a premium trading experience for its clients by offering a diverse range of financial instruments across global markets.

Parent Company/Ownership Structure

Ox Securities operates as a brand under Ruizean Markets, which was established to cater to the growing demand for margin trading services. Ruizean Markets transitioned to Ox Securities in June 2020 to align with its global expansion strategy and success.

Headquarters Location

The headquarters of Ox Securities is located in Chatswood, New South Wales, Australia. The company also maintains a presence in St. Vincent and the Grenadines, reflecting its international business scope.

Global Business Scope

Ox Securities operates globally, providing trading services to clients worldwide. Its offerings include access to key global markets, including Forex, CFDs, commodities, and indices.

Main Regulatory Bodies

Ox Securities is regulated by two primary authorities:

  • The Australian Securities and Investments Commission (ASIC)
  • The Financial Services Authority of St. Vincent and the Grenadines (SVG FSA)

These regulatory bodies ensure that Ox Securities adheres to strict financial standards and practices.

2. Company History and Development

Key Milestones

  • 2013: Ox Securities was established, providing a range of trading services.
  • 2019: The launch of Oxtraders in St. Vincent and the Grenadines to offer margin trading services globally.
  • 2020: Ruizean Markets rebranded to Ox Securities, marking a significant step in its global expansion strategy.

Business Expansion Journey

Since its inception, Ox Securities has expanded its product offerings and geographical reach. The firm initially focused on Forex trading and has since diversified into various financial instruments, including CFDs and cryptocurrencies. Its operations have grown to include offices in major financial hubs like London, Tokyo, and Shanghai.

Customer Base Growth

Ox Securities has experienced steady growth in its customer base, catering to both retail and institutional investors. The firms commitment to exceptional customer service and advanced trading technology has attracted a diverse clientele.

Platform Development History

Ox Securities utilizes advanced trading technology, including the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. The company continuously updates its platforms to enhance user experience and trading efficiency.

Important Awards or Recognitions Received

While specific awards were not highlighted in the available data, Ox Securities has earned a reputation for reliability and excellence in customer service, which is reflected in various broker reviews and ratings.

3. Trading Services Offered

Forex Trading Options

Ox Securities offers a comprehensive selection of Forex trading options, providing access to over 80 currency pairs. This extensive range allows traders to engage in various trading strategies across global currency markets.

Stock Trading Options

Currently, Ox Securities does not provide direct stock trading options. However, it offers access to stock indices through its CFD products, allowing clients to trade on the performance of various stock markets.

CFD Trading Products

The brokerage provides a wide array of CFDs, including but not limited to:

  • Indices
  • Commodities
  • Cryptocurrencies

These products enable traders to speculate on price movements without owning the underlying assets.

Other Financial Instruments

In addition to Forex and CFDs, Ox Securities offers trading opportunities in:

  • Cryptocurrencies: A selection of popular cryptocurrencies for trading.
  • Commodities: Including energies and precious metals, providing diversification options for traders.

Special Services or Unique Advantages

Ox Securities distinguishes itself with several unique advantages:

  • Straight Through Processing (STP): This model ensures quick execution of trades without dealing desk interference.
  • Competitive Spreads: The brokerage offers narrow spreads, starting from 0 pips on professional accounts.
  • No Deposit or Withdrawal Fees: This feature enhances the overall trading experience by minimizing costs for clients.

Detailed Regulatory Information

Ox Securities is regulated by:

  • ASIC (Australia): Provides a tier-1 regulatory framework ensuring stringent consumer protection.
  • SVG FSA (St. Vincent and the Grenadines): Offers a tier-3 regulatory environment.

In Australia, Ox Securities operates as Ox Securities Pty Ltd, holding an Australian Financial Services License (AFSL No. 438402). In St. Vincent and the Grenadines, it operates as Ox Securities Ltd.

Client Fund Protection Measures

Ox Securities prioritizes the safety of client funds by:

  • Maintaining client funds in segregated accounts with tier-1 banks.
  • Adhering to strict global financial standards to ensure fund security.

Countries/Regions Served

Ox Securities serves clients globally, though it does not target EU, EEA, or UK clients directly. The firm caters to a wide range of international markets, providing access to diverse trading opportunities.

Compliance History

The brokerage has maintained a positive compliance history, adhering to the regulations set forth by the relevant authorities. Its commitment to transparency and integrity underpins its operational practices.

5. Competitive Landscape

3-5 Main Competitors

Ox Securities operates in a competitive landscape that includes several notable brokers:

  1. IC Markets: Known for low spreads and high liquidity.
  2. Pepperstone: Offers a range of trading instruments and competitive pricing.
  3. XM Group: Provides a variety of account types and educational resources.

Positioning in the Industry

Ox Securities positions itself as a reliable and client-oriented brokerage, focusing on providing advanced trading technology and exceptional customer service. Its commitment to transparency and low-cost trading options helps it stand out in the crowded brokerage market.

Market Differentiation Factors

Key factors that differentiate Ox Securities from its competitors include:

  • STP Execution Model: Ensures quick trade execution without interference.
  • Diverse Product Offering: Access to Forex, CFDs, and cryptocurrencies under one platform.
  • No Deposit or Withdrawal Fees: Reduces trading costs for clients.

For more information on how to start trading with Ox Securities, learn more here.

In conclusion, Ox Securities has established itself as a reputable brokerage firm with a strong commitment to integrity and transparency. Its diverse offerings, regulatory compliance, and customer-centric approach make it a viable option for traders seeking a reliable platform in the financial markets.