Overall OX Securities is a trustworthy and low-risk broker with a high overall rating of 8 out of 10. OX Securities is authorized and regulated by ASIC and offers leverage up to 1:500.
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 Review – 21 key points quick overview:
OX Securities Overview
OX Securities is a well-established Forex broker that provides access to a diverse portfolio of tradable assets, including currencies, commodities, indices, and cryptocurrencies.
Clients can trade these instruments on the highly popular MetaTrader 4 platform and take advantage of the broker’s Straight Through Processing model for transparent and competitive pricing.
As such, spreads 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.
OX Securities’ Straight Through Processing model 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.
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.
Added to this, clients of OX Securities are provided with a safe trading environment due to the broker’s regulation by both ASIC and the SVGFSA.
These two reputable regulating entities ensure that client funds are securely stored and that due recourse of offered for extensive client protection measures.
OX Securities Safety and Security
OX Securities was first established in 2013, and today the broker is headquartered in Australia, where it is regulated by the Australian Securities and Investments Commission (ASIC).
OX Securities Sign-up Bonus
Traders who choose to register for a real account with OX Securities will not be able to apply for a welcome bonus.
OX Securities is regulated by the Australian Securities and Exchange Commission (ASIC) in Australia and by the SVGFSA in St Vincent and the Grenadines.
While the latter regulator does not restrict its members from offering bonuses, ASIC has joined several other leading regulatory entities in imposing bans on the offering of broker bonuses as part of extended client measures.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
New traders should note however these bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.
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 Minimum Deposit
There is no minimum deposit amount required to open a broker account with OX Securities, which means that there is no barrier to entry for new traders who wish to sign up with the broker.
That said, it is recommended that traders keep a minimum deposit of at least $100 in their account to avoid incurring losses that exceed their initial investment. Traders should also always guard against the risks of overtrading.
A step-by-step guide to OX Securities depositing the minimum amount
Deposits can be made with OX Securities using the following steps:
Step 1 – Log in
- Complete the fast and secure online account registration form
Step 2 –Make the deposit
- Once logged in, simply click on Deposit & Withdrawal.
- From the drop-down menu, click Deposit Funds.
Step 3 –Make the deposit
- You will be redirected to a new page presenting all our secured payment methods.
- For Bank transfers, simply follow the instructions.
- For Electronic deposit, fill out the form and click
- For a Crypto deposit, make sure you select the corresponding network.
Step 4 –Make the deposit
- Regardless of the chosen method, please send a copy of your transfer including your account number to service@oxsecurities.com
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, 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: MT4 & MT5, PAMM & MAM
Commission (per lot): $0
Spreads from (pips): 1.0 pips
Starting Deposit (USD): $0
Leverage: 1:500
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: MT4 & MT5, PAMM & MAM
Commission (per lot): $5
Spreads from (pips): 0.0 pips
Starting Deposit (USD): $0
Leverage: 1:500
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
How to set up an OX Securities Demo Account – Step by Step
📍 A free demo account can be opened with OX Securities by taking the following simple steps:
Step 1 – Open Your Account
- 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
Step 2 – Fill out the form
- 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 1:500 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.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.
A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
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 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: MT4 & MT5, PAMM & MAM
Commission (per lot): $0
Spreads from (pips): 1.0 pips
Starting Deposit (USD): $0
Leverage: 1:500
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 in the Persistent Equity Strategy. The Persistent Equity team has been actively involved in computer programming and trading the forex markets since 2003.
OX Securities Trading Platforms
OX Securities offers to trade on the highly popular MetaTrader 4, which offers lighting fast execution through the broker’s servers.
OxSecurities’ MetaTrader 4 trading servers use the New York NY4 Equinix data center to provide customers with the fastest execution speeds.
The Equinix data center caters to major companies in the banking and trading industries, offering lightning-fast speeds, low latency, top-level security, and maximum performance.
Equinix NY4 (New York) is the data center for more than 60 stock exchanges, 400+ trading companies, and more than 150 financial services providers.
Equinix is known as one of the world’s most reliable data centers, allowing financial market participants to interact in a low latency environment, endeavoring to ensure high-speed transmissions and providing fast execution speeds for end-users.
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 Deposits and Withdrawals
When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.
There is no minimum deposit amount required to open a broker account with OX Securities, which means that there is no barrier to entry for new traders who wish to sign up with the broker.
That said, it is generally recommended that traders keep a minimum deposit of at least $100 in their account to avoid incurring losses that exceed their initial investment. Traders should also always guard against the risks of overtrading.
📍 OX Securities provides a wide selection of popular deposit methods, which include the following:
Visa and Mastercard
Bank wire transfer
FasaPay
Union Pay
PayPal
Interact
Skrill
Neteller
Local Funding
In terms of deposit currencies, OX Securities accepts:
- GBP
- SGD
- CAD
- USD
- EUR
- AUD
This means that traders depositing in currencies not supported by the broker’s accounts will incur conversion fees.
OX Securities Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “OX Securities” is entered into Google’s search engine over a given period of time.
OX Securities Best Countries by Traders
Please take note, the following information is based on OX Securities.
| 🌎 Country of Trade | 📌 % of Traders |
| 🥇 United States | 39.56% |
| 🥈Germany | 20.37% |
| 🥉Greece | 11.70% |
| 🥇Canada | 7.22% |
| 🥈South Africa | 7.07% |
OX Securities vs Etoro vs XM – Comparison Table
| 🔎 Broker | 🥇OX Securities | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | $0 | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1:400 | 1:400 | 1:888 |
| 💵 Currency Pairs | - | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
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
Overall, OX Securities can be summarised as a credible and trustworthy broker and is considered an average risk with competitive trading fees and spreads. OX Securities offers traders the MetaTrader 4 suite of platforms as well as a basic web and mobile app.
Disclaimer
OX Securities warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors.
Before deciding to trade with OX Securities, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
OX Securities warns that margin trading involves the potential for profit as well as the risk of loss.
Movements in the price of foreign exchange and commodities are very unpredictable, hence OX Securities cannot guarantee the maximum loss that a trader may suffer.
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Risk Management
OX Securities Risk Management refers to the process of identifying, assessing, and controlling risks associated with an investment in securities. This process is designed to minimize the potential loss or damage to an investment portfolio, and to maximize returns.
This can be done through various methods such as diversification, hedging, monitoring market conditions, and setting limits on individual positions. Effective risk management is essential for long-term success in investing and can help ensure that portfolios are able to weather market volatility and economic uncertainty.
Frequently Asked Questions
How many instruments can I trade with OX Securities?
OX Securities offers the following trading products: forex, indices, commodities, and cryptocurrencies.
Which platforms are supported by OX Securities?
MetaTrader 4.
What are the advantages of trading with OX Securities?
Ox Securities is a broker with the motto of honesty, honesty, and transparency, and provides traders with trading services.
What type of broker is OX Securities?
OX Securities is a well-established Forex broker that provides access to a diverse portfolio of tradable assets
What is the overall rating out of 10 for OX Securities?
The overall rating is 8/10
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