OX Securities offers three types of live trading accounts, consisting of the Standard Account, Pro Account, and Swap Free Account. Trading is provided on the renowned MetaTrader 4 platform.
OX Securities at a Glance
| 🔎 Broker's Name | OX Securities |
| 📍 Headquartered | New South Wales, Australia |
| 📅 Year Founded | 2013 |
| ⚖️ Regulating Authorities | ASIC, SVGFSA |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | None |
| 💳 Deposit Options | Visa and Mastercard Bank wire transfer FasaPay Union Pay PayPal Interact Skrill Neteller Local Funding |
| 💳 Withdrawal Options | Visa and Mastercard Bank wire transfer FasaPay Union Pay PayPal Interact Skrill Neteller Local Funding |
| 💻 Platform Types | MT4 & MT5, PAMM & MAM |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad |
| 📈 Tradable assets offered | Forex Commodities Indices Cryptocurrencies |
| 👨💼 Languages supported on Website | English, Vietnamese, Japanese and Spanish |
| 👥 Customer Support Languages | English, Vietnamese, Japanese and Spanish |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Overall Rating
4.7/5
Rated #– of
Recommended FX Brokers
Minimum Deposit R0 ZAR /USD 0
Regulators Australian Entity ASIC Wholesale ASFL
Global Entity SVG St. Vincent & the Grenadines
MT4 & MT5, PAMM & MAM
Yes
📈 Total Pairs
51
Islamic Account Yes
Trading Fees Low
24 Hours
OX Securities Account types – 10 key points quick overview:
OX Securities at a Glance- OX Securities Account types – 10 key points quick overview:
- OX Securities Overview
- OX Securities Account Types
- OX Securities Account Features
- OX Securities Demo Account
- OX Securities Islamic Account
- OX Securities Pros and Cons
- Conclusion
- Frequently Asked Questions
OX Securities Overview
OX Securities is an Australia-based online broker that was established in 2013 and which offers access to currencies, commodities, indices, and cryptocurrencies.
Trading is provided on the renowned MetaTrader 4 platform, which is available for both web and mobile applications.
OX Securities stands out primarily for its competitive pricing structure, with spreads that start as low as 1.0 pips on the Standard and Swap Free Accounts, both of which come with no commissions charged on all assets and instruments.
The Pro Account has lower spreads that start at 0.0 pips, and a competitive commission structure of $7. Added to this, there are no additional trading fees.
OX Securities employs a Straight Through Processing model which provides traders with direct market access to the prevailing prices for their orders, with no broker interference, so that traders can find the best prices available for their trades.
The STP model also allows clients of OX Securities to have direct access to high liquidity from leading banks and financial institutions, meaning that orders can be executed quickly and efficiently.
The broker’s software is facilitated by Equinix servers in New York, allowing for lightning-fast order execution, which is vital in the fast-paced and volatile Forex trading environment.
Beginner traders will benefit from OX Securities’ dedicated educational section which offers video tutorials and market commentary, while all traders can also make use of the economic calendar.
Clients of OX Securities can also take part in a lucrative partnership program whereby they can earn attractive commissions for referrals.
Ox Securities’ Introducing Broker (IB) program is designed to remunerate and reward introducers for referring customers to it, regardless of the number of referred accounts or trading volumes.
Low barriers to entry and extremely competitive, fully customizable rebates make Ox Securities ideal for introducers of all sizes.
The Ox Securities white label program has a variety of different levels designed to work with start-up or established brokerages.
The broker offers a full suite of services from branded Introducing Broker setups to ‘soft’ white labels as well as full turnkey solutions where you will have access to market-leading liquidity and technology with minimal cost.
Alternatively, you can choose to simply use OX Securities’ liquidity and use its flexible connectivity options.
Finally, clients of OX Securities are provided with a safe trading environment due to the broker’s regulation by both ASIC and the SVGFSA.
Both regulating entities ensure that client funds are securely stored and that due recourse of offered for extensive client protection measures.
OX Securities Account Types
OX Securities offers three types of live trading accounts, consisting of the Standard Account, Pro Account, and Swap Free Account. The Swap-Free Account is not available as a demo version.
You can register for an account directly through the OX Securities’ website in a fully digital process. Account verifications are usually processed within an hour.
Following the Australian Anti-Money Laundering (AML) and Counter-Terrorism Financial Act, 2006 Ox Securities requires you to provide certain documents to identify yourself before opening your trading account.
Please ensure that you have read and understood the broker’s Anti Money Laundering Policy which outlines the requirements before completing your online account application.
You have two logins for your account. One for the client portal where you manage your details, deposits, and withdrawals, and administrative details.
Your second login is your MT4 account credentials. This is where you place trades and interact with the market. These login details are available through your client portal where you can also download the MT4 platform.
OX Securities Account Features
📍Standard Account
Trading Platform: MetaTrader 4
Commission (per lot): $0
Spreads from (pips): 1.0 pips
Starting Deposit (USD): $0
Leverage: 1:400
Server Location: New York
Minimum lot size: 0.01
Trading instruments: 80+
Stop out level: 20%
One-click trading: Yes
Trading styles allowed: All
Order distance restriction: None
Programming Language: MQL4
📍Pro Account
Trading Platform: MetaTrader 4
Commission (per lot): $7
Spreads from (pips): 0.0 pips
Starting Deposit (USD): $0
Leverage: 1:400
Server Location: New York
Minimum lot size: 0.01
Trading instruments: 80+
Stop out level: 20%
One-click trading: Yes
Trading styles allowed: All
Order distance restriction: None
Programming Language: MQL4
OX Securities Demo Account
The demo account from OX Securities is available for both the Standard and Pro Account options. Users of the demo account will receive full access to the MetaTrader 4 platform, as available on both accounts.
Demo account users will also be able to evaluate other trading conditions offered by OX Securities, including zero commission trading and spreads that start at 1.0 pips.
Discretionary and swing traders would prefer to evaluate the Standard Account, while day traders and scalpers would prefer to evaluate the Pro Account. The demo account can be opened using the following steps:
Navigate to the OX Securities official website
Click on the Try Free Demo button on the dropdown sheet which can be found at the top of the landing page
You will be redirected to an online registration form. Provide the required details, such as your full name, telephone number, and your email address
Select the account type for which you would like to create a demo version. You can choose between the Standard or Pro Account options in either EUR or USD
Select your preferred leverage ratio, with a max of 1:400 available
Select your preferred deposit amount
Read and accept the terms of the agreement
Click the Register button to submit your application for a demo account. You will receive login details via your inbox
OX Securities Islamic Account
An Islamic Account can be opened with OX Securities by registering directly on the broker’s website. Traders should navigate to the accounts section and select the option to open a Swap Free Account.
You will then be prompted to complete the registration form which must be submitted for verification by the accounts department. Traders opening an Islamic Account will also be required to provide supporting documents that confirm their religious status.
Also known as ‘no swap accounts,’ Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.
With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.
An Islamic Forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.
The swap-free account from OX Securities has the following features and conditions:
Trading Platform: MetaTrader 4
Commission (per lot): $0
Spreads from (pips): 1.0 pips
Starting Deposit (USD): $0
Leverage: 1:400
Server Location: New York
Minimum lot size: 0.01
Trading instruments: 80+
Stop out level: 20%
One-click trading: Yes
Trading styles allowed: All
Order distance restriction: None
Programming Language: MQL4
Added to this, swap-free clients can also partake of the Persistent Equity Strategy. The Persistent Equity team has been actively involved in computer programming and trading the forex markets since 2003.
OX Securities Customer Reviews
Brilliant customer service
Brilliant customer service. Polite and professional
Got great attentive service.
Got great attentive service.
Good loan interest rate
No-fuss or bother
Would have no hesitation to recommend their services.
Exceptional broker
Have been using Ox Securities over the last few years and have a few accounts with them. They are an exceptional broker! They have good execution as well as great overall customer service.
OX Securities Pros and Cons
| ✔️ Pros | ❌ Cons |
| Excellent customer support | Islamic Account is not available as a demo version |
| MetaTrader 4 available | Lack of advanced trading platforms |
| Tight spreads and competitive commissions | |
| Well-regulated broker |
Conclusion
OX Securities offers three types of live trading accounts, consisting of the Standard Account, Pro Account, and Swap Free Account. Trading is provided on the renowned MetaTrader 4 platform, which is available for both web and mobile applications.
You might also like: OX Securities Review
You might also like: OX Securities Demo Account
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Frequently Asked Questions
Are there any apps available for an OX Securities trading account?
Trading is provided on the renowned MetaTrader 4 platform, which is available for both web and mobile applications.
Do OX Securities have ZAR accounts?
No OX Securities does not have ZAR Account Currency
Does OX Securities offer leverage?
Yes, OX Securities offers high, flexible leverage which goes to a maximum ratio of 1:400.
Do OX Securities allow hedging and scalping?
Yes, we allow hedging and scalping trading strategies.
How many instruments can I trade with an OX Securities account?
You can trade several different instruments with OX Securities.
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