Ox Securities Review

Ox Securities, established in 2013, is a forex and CFD broker registered in St. Vincent and the Grenadines under the Financial Services Authority (FSA) and is also registered with in Australia with ASIC. Over the years the broker has gained traction among traders by offering a mix of competitive trading conditions, fast execution speeds and quite a diverse range of tradable instruments.

Traders have the choice of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and IRESS platforms and Ox Securities provides access to forex, indices, commodities, shares and cryptocurrencies assets. This selection of trading platforms ensures traders have access to advanced charting tools, automated trading.

With its servers hosted at the Equinix NY4 data center, traders who prioritize fast execution and low latency will benefit from this infrastructure - a big advantage for scalpers and high frequency traders.

One of its key features used to be its acceptance of U.S. clients, making it one of the few remaining offshore brokers that still provide high-leverage trading to American traders - however Ox Securities has recently stopped accepting U.S. clients.

Ox Securities offers three account types, catering to different trading needs:

• Standard Account: No minimum deposit, spreads from 1.0 pips, no commission.
• Pro Account: No minimum deposit, spreads from 0.0 pips, $7 round-turn commission.
• Swap-Free Account: No minimum deposit, spreads from 1.0 pips, no commission.

All accounts feature leverage up to 1:500 and a minimum trade size of 0.01 lots and have a zero minimum deposit for opening live accounts, which is great for testing them out before committing to transferring money.

For traders that are looking for an off-hands approach, Ox Securities also offers a PAMM (Percent Allocation Management Module) service which allows investors to allocate funds to experienced money managers who trade on their behalf. The PAMM Investor Portal provides an easy-to-use interface for investors to monitor performance and manage their accounts.

Client funds are held in segregated accounts, ensuring they remain separate from the company’s operational funds. Ox Securities emphasizes a no-requote policy and raw spreads to provide fair and transparent pricing.

Deposits and withdrawals can be made via bank wire, credit/debit cards, e-wallets and crypto and accounts can be held in a number of base currencies.

Overall, Ox Securities provides a flexible and competitive trading environment that is backed by fast execution and a good selection of trading instruments. On the downside, it's unfortunate that they no longer accept U.S. traders.