OX Securities offers commission-free trading on both the Standard Account and the Swap Free Account. The Pro Account is the only which incurs commissions of $3.5 per K100 000, which is extremely competitive.
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 Fees and spreads – 9 key points quick overview:
- OX Securities at a Glance
- OX Securities Fees and spreads – 9 key points quick overview:
- OX Securities Fees and Spreads
- OX Securities Additional Trading Fees
- OX Securities Broker Fees
- OX Securities Customer Reviews
- OX Securities Pros and Cons
- Conclusion
- Frequently Asked Questions
OX Securities Fees and Spreads
📍 Traders with OX Securities can expect the following spread list:
Spreads with OX Securities are tight and start as low as 1.0 pips on the Standard Account and 0.0 pips on the Pro Account.
OX Securities offers commission-free trading on both the Standard Account and the Swap Free Account. The Pro Account is the only which incurs commissions of $3.5 per K100 000, which is extremely competitive.
OX Securities Additional Trading Fees
OX Securities charges swap fees, also referred to as overnight fees, on positions held open overnight. These accrue as interest which can be either debited from or credited to the trader, depending on the nature of the position.
A swap-free account is offered by OX Securities to traders of the Muslim faith, for whom this type of interest is prohibited by not Sharia law.
Apart from these standard swap fees which are charged by most brokers, OX Securities does not charge any non-trading fees, such as account maintenance fees or inactivity fees on dormant accounts, making for a particularly competitive price offer all around.
The only drawback is that OX Securities has limited account deposit currencies, consisting of USD and EUR only. This means that traders depositing in smaller currencies, like ZAR/Rand, will likely incur conversion fees.
OX Securities Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As OX Securities is not a spread betting broker, so spread betting fees will not apply.
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 |
| No additional non-trading fees | A limited selection of deposit currencies will result in conversion fees for many traders not depositing in USD or EUR. |
| No deposit fees or withdrawal fees | |
| Tight spreads and competitive commissions |
Conclusion
OX Securities offers commission-free trading on both the Standard Account and the Swap Free Account. The Pro Account is the only which incurs commissions of $3.5 per K100 000, which is extremely competitive.
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Frequently Asked Questions
Does spread betting cost apply to OX Securities?
As OX Securities is not a spread betting broker, so spread betting fees will not apply.
What type of spreads applies to OX Securities?
Spreads with OX Securities are tight and start as low as 1.0 pips on the Standard Account and 0.0 pips on the Pro Account. OX Securities offers commission-free trading on both the Standard Account and the Swap Free Account.
What spreads can I expect with OX Securities?
Spreads with OX Securities are tight and start as low as 1.0 pips on the Standard Account and 0.0 pips on the Pro Account.
What are the costs of trading with OX Securities?
OX Securities offers commission-free trading on both the Standard Account and the Swap Free Account. The Pro Account is the only which incurs commissions of $3.5 per K100 000, which is extremely competitive.
Does OX Securities charge any inactive fees?
There are no further hidden fees like deposit fees or withdrawal fees at OX SECURITIES. OX SECURITIES charges no inactivity fee.
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