Quox Capital Forex Broker

Basic Information Registered Countries Saint Vincent and the Grenadines Regulation No License Minimum Deposit Not specified Maximum Leverage 1:100 Minimum Spread N/A Trading Platform N/A Trading Assets Cryptocurrency, CFDs, Forex Currency Payment Methods VISA, Skrill, Neteller, MasterCard, Crypto-Wallet Customer Support Telephone, Email, Online General Information Established in 2021, Quox Capital is an offshore broker registered in Saint Vincent and the Grenadines, giving their clients access to a series of trading instruments, including Cryptocurrency, CFDs, Forex Currency. Quox Capital is the trading name of QUOX.IO LLC., a company which is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.15/10. Please be aware of the risk. Instruments Markets Three classes of trading instruments can be traded with the Quox Capital platform, covering Cryptocurrency, CFDs, Forex Currency. Sign-up Bonuses Quox says it occasionally offer sigh up bonuses to new account holders. Currently, this broker is offering a deposit matching bonus. they will match up to $100 any first-time deposit by an eligible customer. This Bonus will instantly appear in a customers trading balance when funds have been added. Leverage The maximum trading leverage offered for forex trading is up to 1:100. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10. Trading Platform Quox seems to be quite light on the detail of what trading platform it provides. One thing that we can be sure is what this broker offers is not the MT4 or MT5 trading platform. Deposit & Withdrawal The minimum deposit amount varies depending on how you want to deposit. To pay in currency, the minimum normally wont exceed $5. To add funds from cryptos, it can be less. You need to log in personal account to check the minimum. Currently, you can deposit funds in USD only. The minimum withdrawal amount is $50 or equivalent. Quox Capital says it does not charge any fees for withdrawals. However, clients should check for any conditions or fees applied by the recipient. Customer Support Quox allows its clients who have inquiry or trading-related issues get in touch with it through Messenger, Telegram, and Whatsapp. Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes. Pros & Cons Pros Cons Low minimum deposit No regulation Limited payment methods No online chat support Weak trading platform Poor customer support Frequently Asked Questions What trading instruments can I trade with on Quox Capital？ Quox Capital offers access to Cryptocurrency, CFDs, Forex Currency. What is the minimum withdrawal amount？ The minimum withdrawal amount required by Quox Capital is $50. What is the maximum leverage available？ The maximum trading leverage that is available on the Quox Capital platform is up to 1:100.