WOXA LTD foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://woxa.com/signup, about the company's legal and temporary regulatory information, the company's address Beachmont Business Centre, 329, Kingstown, St. Vincent and the Grenadines.
WOXA LTD Forex Broker
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
WOXA LTD was registered in 2005 in Saint Vincent and the Grenadines, specializing in the stock, crypto, currency, and commodity markets. It uses its own trading platform, which is available on mobile and web devices. However, it is not regulated, and it does not provide services for residents in certain areas.
Pros and Cons
| Pros | Cons |
| Long operation time | No regulation |
| Islamic accounts provided | No MT4 or MT5 |
| Tight EUR/USD spread | Unclear payment methods |
| Copy trading services | Regional restrictions |
| Live chat support |
Is WOXA LTD Legit?
No, it is not regulated by the financial services regulatory authority in Sait Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that activities such as client transferring and updating are prohibited. Please note the potential risks!
What Can I Trade on WOXA LTD?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage/Spread
The leverage is variable depending on the types of products. Customers need to consider carefully, because high leverage is likely to bring high potential risks. Take different currency pairs for example.
| Currency Pairs | Min Spread | Avg Spread | leverage |
| EUR/USD | 0.6 pips | 0.8 pips | 1:400 |
| AUD/CAD | 2 pips | 2.2 pips | 1:50 |
| EUR/JPY | 1.4 pips | 1.6 pips | 1:200 |
Trading Platform
WOXA LTD uses its own trading platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| WOXA | ✔ | PC, web, mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Social Trading
WOXA provides social trading services. On its platform, customers can share their trading experiences and learn from some of the top traders.
Rating Index
WOXA LTD Similarly Rated Brokers
Latest Reviews
Natsuki H., Hyogo
Colombia
The data feed seems accurate and up-to-date. No complaints there. 👍👍👍👍👍
Positive
2024-06-27
huly
United Kingdom
Been using this broker for a while now and I'm impressed with the ease of use and the efficiency of their support team. The app is user-friendly. The IB and affiliate program is also a great perk.
Positive
2024-06-21
Dellry
Peru
WOXA LTD is great! Their spreads are competitive and their customer support is top-notch. They're always quick to respond and go above and beyond to help their clients.
Positive
2024-07-22