Ox Securities Forex Broker

Ox Securities Forex Broker - Complete Information Guide

1. Broker Overview

　　Ox Securities, established in 2013, is a forex and CFD broker headquartered in New South Wales, Australia, with a secondary office located in Saint Vincent and the Grenadines. The company operates as a private entity and primarily caters to both retail and institutional clients, offering a broad range of trading services.

　　Since its inception, Ox Securities has focused on providing access to various financial markets, including forex, commodities, indices, and cryptocurrencies. The broker has steadily developed its operations, enhancing its trading platforms and expanding its product offerings to meet the diverse needs of its client base. Over the years, Ox Securities has achieved significant milestones, including regulatory approvals and the introduction of innovative trading solutions.

　　The broker is part of Ox Traders Ltd, which consolidates its operations under a single corporate structure. Ox Securities primarily operates on a retail forex model, providing clients with direct access to the financial markets through competitive trading conditions.

2. Regulation and Compliance Information

　　Ox Securities is regulated by two primary authorities: the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. The ASIC license number is 438402, while the FSA registration number is 25509 BC 2019.

　　The ASIC is known for its stringent consumer protection standards, requiring brokers to maintain a minimum capital of AUD 1 million and to keep client funds in segregated accounts. However, the FSA offers less rigorous oversight, which may not provide the same level of client protection as ASIC.

　　Ox Securities implements a robust client fund segregation policy, ensuring that all client funds are held separately from the companys operational funds. This measure enhances the safety of client deposits. The broker follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to prevent fraud and ensure the integrity of its services.

3. Trading Products and Services

　　Ox Securities offers a diverse array of trading products, including over 80 forex currency pairs, which encompass major, minor, and exotic pairs. Additionally, the broker provides access to various CFDs, including indices, commodities, stocks, and cryptocurrencies. Notable products available for trading include:

• Forex: Major pairs like EUR/USD, GBP/USD, and AUD/USD.
• Indices: CFDs on global indices such as the S&P 500 and FTSE 100.
• Commodities: Trading options for precious metals like gold and silver, as well as energy commodities like oil.
• Cryptocurrencies: Major cryptocurrencies including Bitcoin and Ethereum.

　　Ox Securities continuously updates its product offerings, introducing new instruments based on market demand. The broker caters to both retail traders, providing straightforward access to the markets, and institutional clients, offering tailored services and solutions.

4. Trading Platforms and Technology

　　Ox Securities supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, renowned for their user-friendly interfaces and advanced trading features. These platforms allow traders to perform comprehensive technical analysis, utilize automated trading through Expert Advisors (EAs), and manage their accounts efficiently.

　　The broker does not currently offer a proprietary trading platform but focuses on providing robust support for MT4 and MT5, which are compatible with various operating systems, including Windows, Mac, iOS, and Android.

　　Ox Securities operates under a Straight Through Processing (STP) model, ensuring that trades are executed directly at market prices without dealer intervention. This model promotes transparency and reduces the risk of slippage, providing traders with a reliable trading environment. The broker's servers are strategically located to enhance execution speed and reliability.

5. Account Types and Trading Conditions

　　Ox Securities offers three main types of trading accounts:

• 　　Standard Account: Designed for beginner traders, featuring commission-free trading with spreads starting from 1.0 pips. No minimum deposit is required, and leverage can go up to 1:500.

• 　　Pro Account: Tailored for professional traders, this account offers tight spreads starting from 0.0 pips but incurs a commission of $3.50 per lot. The account also has no minimum deposit requirement.

• 　　Swap-Free Account: Specifically designed for Muslim traders who cannot engage in interest-based trading. This account mirrors the standard account conditions but does not involve overnight fees.

　　All accounts support a minimum trade size of 0.01 lots, and the broker allows various trading strategies, including automated trading.

6. Funds Management

　　Ox Securities provides a variety of deposit and withdrawal methods, including:

• Bank Transfers
• Credit/Debit Cards (Visa, MasterCard)
• E-Wallets (Skrill, Neteller)
• Cryptocurrencies (Bitcoin)

　　There is no minimum deposit requirement for any account type, allowing traders to start with any amount. Deposits are processed instantly or within one business day, while withdrawals typically take 1-3 business days. Importantly, Ox Securities does not charge any fees for deposits or withdrawals, though third-party fees might apply.

7. Customer Support and Educational Resources

　　Ox Securities emphasizes customer support, offering assistance through multiple channels, including:

• Live Chat
• Email
• Phone Support

　　The support team is available 24/5, ensuring that traders can receive help during trading hours. The broker provides multilingual support, including English, Vietnamese, Japanese, and Spanish.

　　In terms of education, Ox Securities offers a range of resources, including video tutorials, market analysis, and trading guides. These materials are designed to help traders of all levels enhance their skills and knowledge. The broker also features an economic calendar and market news updates to keep traders informed about market-moving events.

8. Regional Coverage and Restrictions

　　Ox Securities primarily serves clients in Australia and Saint Vincent and the Grenadines, but it also caters to a global audience. However, the broker does not accept clients from certain countries, including the USA, Canada, Japan, Iran, and North Korea.

　　The regulatory framework under which Ox Securities operates may limit its ability to provide services in certain regions, emphasizing the importance of understanding local laws and regulations before trading.

　　In summary, Ox Securities broker stands out as a competitive option for traders seeking a reliable platform with diverse trading instruments and robust support. With its regulatory compliance, advanced trading technology, and commitment to customer satisfaction, Ox Securities continues to be a noteworthy player in the forex and CFD trading landscape.