WOXA LTD 　　

WikiFX | 2024-12-19 18:01

Lời nói đầu：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.

WOXA LTD Review Summary
Founded	2005
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Stocks, cryptos, currencies, commodities
Demo Account	/
Islamic Account	✅
Leverage	1:400
EUR/USD Spread	0.6 pips (minimum spread)
EUR/USD Spread	0.8 pips (average spread)
Trading Platform	WOXA APP, web trader
Copy/Social Trading	✅
Min Deposit	/
Customer Support	Live chat
Customer Support	Email: support@woxa.com
Regional Restrictions	The European Union, United Kingdom, Cuba, Myanmar, Turkey, Japan, Singapore, New Zealand, Poland, Canada, Iran, North Korea, and the United States

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