OX Securities-Overview of Minimum Deposit, Spreads & Leverage
abstrak： Ox Securities, founded in 2013, is a brokerage registered in Australia. The trading instruments it provides cover forex CFDs, commodities CFDs, shares CFDs, cryptocurrencies CFDs, indices CFDs. It provides 3 types of live accounts and demo accounts.
| Ox Securities Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | Forex CFDs, commodities CFDs, shares CFDs, cryptocurrencies CFDs, indices CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.0 pips (Standard account) |
| Trading Platform | MT4, MT5, IRESS |
| Minimum Deposit | $0 |
| Customer Support | Phone: +1213 459 3544 |
| Email: service@oxsecurities.com | |
| Physical Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines – 25509 BC 2019 | |
Ox Securities Information
Ox Securities, founded in 2013, is a brokerage registered in Australia. The trading instruments it provides cover forex CFDs, commodities CFDs, shares CFDs, cryptocurrencies CFDs, indices CFDs. It provides 3 types of live accounts and demo accounts.
Pros and Cons
| Pros | Cons |
| ASIC regulated | No Islamic trading account |
| Various trading instruments | |
| No minimum deposit | |
| Three types of trading accounts to choose from | |
| Generous leverage up to 1:500 | |
| Competitive spreads and no trading fees | |
| MT4 and MT5 trading platform supported | |
| Demo accounts available |
Is Ox Securities Legit?
Ox Securities is regulated by the Australian Securities and Investments Commission (ASIC) in Australia. Its license type is Institution Forex License.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Australia | ASIC | Ox Securities Pty Ltd | Institution Forex License | 000438402 | Regulated |
What Can I Trade on Ox Securities?
Ox Securities offers traders the opportunity to trade forex CFDs, commodities CFDs, shares CFDs, cryptocurrencies CFDs, indices CFDs.
| Tradable Instruments | Supported |
| Forex CFDs | ✔ |
| Commodities CFDs | ✔ |
| Shares CFDs | ✔ |
| Cryptocurrencies CFDs | ✔ |
| Indices CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
Ox Securities offers 3 different types of accounts to traders, which are Standard Account, PRO Account, Swap Free Account. It also provides demo accounts.
| Account Type | Standard | PRO | Swap Free |
| Minimum Deposit | $0 | ||
| Leverage | Up to 1:500 | ||
| Spread | From 1.0 pips | From 0 pips | |
| Commission | $0 | $7 Lot (Round Trip) | $0 |
Trading Platform
Ox Securities' trading platform is MT4, MT5, IRESS, which support traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Mobile | Beginners |
| MT5 | ✔ | Web, Mobile | Experienced traders |
| IRESS | ✔ | Web, Mobile | / |
Deposit and Withdrawal
Ox Securitiesdoesn't charge deposit fees or withdrawal fees. It supports 8 types of deposit and withdrawal methods, which are Card Funding, Crypto Payments, PayNow, Bank Transfer, Philippines PHP, Awepay, Neteller, and Skrill.
| Payment Method | Fees | Processing Time |
| Card Funding | 0 | Instant |
| Crypto Payments | ||
| PayNow | 1-3 days | |
| Bank Transfer | Instant | |
| Philippines PHP | ||
| Awepay | ||
| Neteller | ||
| Skrill |
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