WOXA Company

　　

Woxa Ltd Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Woxa Ltd Company was founded in 2019, emerging as a multi-asset brokerage aimed at providing traders with access to various financial markets. The firm was established to cater to the growing demand for online trading platforms that offer a diverse range of investment opportunities.

　　

Parent Company/Owership Structure

　　Woxa Ltd operates as an independent entity, and while it has established a significant presence in the trading market, it does not have a widely recognized parent company structure. This independence allows Woxa to maintain flexibility in its operations and service offerings.

　　

Headquarters Location

　　The headquarters of Woxa Ltd is located in Port Louis, Mauritius. This location is strategic for its regulatory framework and serves as a base for its operations targeting Southeast Asian markets.

　　

Global Business Scope

　　Woxa Ltd primarily serves clients in Southeast Asia, particularly in countries such as Vietnam, Malaysia, and the Philippines. The company claims to have attracted over 100,000 users since its inception, indicating a robust client base within its operational regions.

　　

Main Regulatory Bodies

　　Woxa Ltd is regulated by the Financial Services Commission (FSC) of Mauritius. However, it is worth noting that the regulatory environment in Mauritius is not as stringent as in other jurisdictions, which may raise concerns about investor protection and oversight.

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2. Company History and Development

　　

Key Milestones

　　Since its founding in 2019, Woxa Ltd has achieved several key milestones, including the launch of its proprietary trading platform and the introduction of various trading instruments. The company has positioned itself as a reliable option for traders looking for a user-friendly experience.

　　

Business Expansion Journey

　　Woxa has focused on expanding its offerings by continuously enhancing its trading platform and introducing new financial instruments. The company has also adopted social trading features, allowing users to copy the trades of experienced investors, further attracting a broader audience.

　　

Customer Base Growth

　　With a reported user base of over 100,000, Woxa Ltd has demonstrated significant growth in its customer base. This growth can be attributed to its low minimum deposit requirement and competitive trading conditions, appealing to both novice and experienced traders.

　　

Platform Development History

　　Woxa Ltd has developed a proprietary trading platform that is accessible via web and mobile applications. The platform is designed to be intuitive, providing users with essential trading tools and features, including advanced charting capabilities powered by TradingView.

　　

Important Awards or Recognitions Received

　　While Woxa Ltd has not received any major industry awards, its rapid growth and user satisfaction ratings indicate a positive reception in the market. User reviews typically highlight the platform's ease of use and the effectiveness of its customer support.

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3. Trading Services Offered

　　

Forex Trading Options

　　Woxa Ltd offers trading on a limited selection of currency pairs, with approximately 29 pairs available. This includes major pairs such as EUR/USD and GBP/USD, catering primarily to forex traders.

　　

Stock Trading Options

　　The brokerage provides access to trading in over 400 stock CFDs, allowing users to speculate on the price movements of popular companies listed on major exchanges. This broad selection enhances Woxa's appeal to equity traders.

　　

CFD Trading Products

　　Woxa Ltd specializes in Contracts for Difference (CFDs), enabling traders to speculate on price movements without owning the underlying assets. This includes a variety of asset classes, such as stocks, indices, commodities, and cryptocurrencies.

　　

Other Financial Instruments

　　In addition to forex and stocks, Woxa offers trading in cryptocurrencies and commodities. The platform supports trading in major cryptocurrencies like Bitcoin and Ethereum, as well as commodities such as gold and oil.

　　

Special Services or Unique Advantages

　　One of the standout features of Woxa Ltd is its social trading capability, which allows users to follow and copy the trades of successful investors. This feature is particularly beneficial for novice traders seeking to learn from experienced peers.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Woxa Ltd is regulated by the Financial Services Commission (FSC) in Mauritius. However, it does not have oversight from higher-tier regulatory bodies such as the FCA (UK) or ASIC (Australia), which may limit investor protections.

　　

Legal Entity Structure by Region

　　Woxa operates primarily as Woxa Ltd in Mauritius, with an additional legal entity registered in Saint Vincent and the Grenadines. This dual registration allows the company to cater to different market segments while complying with local regulations.

　　

Client Fund Protection Measures

　　Woxa Ltd claims to maintain client funds in segregated accounts to protect against financial difficulties. This practice is essential for ensuring that client funds are not used for operational expenses.

　　

Countries/Regions Served

　　The primary markets served by Woxa Ltd include Vietnam, Malaysia, and the Philippines. The company has tailored its services to meet the needs of traders in these regions, although it does not accept clients from many other countries, including those in the European Union and the United States.

　　

Compliance History

　　Woxa Ltd has maintained a relatively clean compliance history since its inception. However, the lack of robust regulatory oversight may pose risks for traders, as there are fewer guarantees regarding the protection of client assets.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Woxa Ltd faces competition from several other brokers in the Southeast Asian market, including:

• Exness: Known for its low spreads and high leverage options.
• RoboForex: Offers a wide range of trading instruments and competitive fees.
• IC Markets: Recognized for its advanced trading platforms and low-cost trading environment.

　　

Positioning in the Industry

　　Woxa Ltd positions itself as a beginner-friendly broker with a low entry barrier due to its $25 minimum deposit. The platform's social trading features also cater to novice traders looking for guidance from experienced investors.

　　

Market Differentiation Factors

　　Woxa's primary differentiators include its proprietary trading platform, social trading capabilities, and a diverse range of trading instruments. However, its lack of high-tier regulatory oversight and limited customer support options may hinder its competitiveness compared to more established brokers.

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　　In conclusion, Woxa Ltd Company presents a compelling option for traders in Southeast Asia, offering a diverse range of trading instruments and an intuitive platform. However, potential clients should carefully consider the regulatory environment and customer support limitations before engaging with the broker. For further information, please learn more.