OX Markets Broker Review

OX Markets
Min. Deposit: $250
Min. Investment: $5
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Available
USA: Not available
  1. OX Markets

    This broker is closed. Try trading with HighLow instead.

    CySEC regulated broker with a license number 274/15, OX Markets, appeared on the market recently and they are striving to provide outstanding trading conditions to their registered traders.

    In our OX Markets broker review, we will outline the most important aspect included in trading with this broker and which concern their trading platform, account types, trading tools and features, quality of their customer support and banking information.

    The most basic information important to global traders in the beginning concern the minimum deposit which is set at $250 with OX Markets.

    The maximum returns can reach the impressive 88%, while the minimum investment is set at $5. GBP, EUR and USD are currencies available for deposit.

    In our OX Markets broker review we also discovered that global traders can benefit from a 100% welcome bonus.

    In order to receive the bonus, global traders have to understand and sign the Welcome Bonus Agreement. To be eligible to withdraw the bonus, traders first have to reach the 30x turnover.

    Bonus has to be requested the same or the day after the initial deposit was made. Specific info concerning the bonus can be found in OX Markets bonus terms & conditions.

    OX Markets is not open for trading to USA, Japan, Iran and North Korean traders.

    OX Markets Trading Platform and Features

    Like many brokers, OX Markets use a specific trading software on their platform and in this case it is SpotOption, which is one of the most utilized trading software in the binary options industry.

    The OX Markets platform is visually attractive but also very well-structured and organized which makes it much easier for traders to use and navigate.

    As we inspected their trading platform for our OX Markets broker review, we also found out that available trading options include: ox-markets-logo

    • 60 Seconds
    • Ladder
    • Long Term
    • One Touch
    • Pairs

    The wide range of available expiry times list 30 min, 1h, 2h, 4h, 8h, 12h, 2 days to 7 days.

    OX Markets offers over 200 assets available for trading and sorted into 4 categories – stocks, currencies, indices and commodities. Complete and detailed list can be found on broker’s site under Assets Tab.

    OX Markets also ensures there are various useful trading features and tools to their registered traders around the world so as to provide the best possible trading experience.

    One such tool is the mobile trading app which enables traders to be active in trading no matter where they are.

    OX Markets mobile app is suitable to be used on both Apple and Android mobile devices and it is possible to download it from App Store and Google Play. It is also possible to use this application on tablets too.

    OX Markets mobile app provides the same trading options as their regular platform and is just as easy to use.

    Demo accounts are great trading features which numerous traders around the world like and some even base their decision which broker to choose because of it.

    Our OX Markets broker review confirmed that this broker has a demo account which is available to their registered traders. Demo accounts are the perfect way for new traders to experience binary options trading in the safe environment and test various options and strategies but without fearing for their funds. Funds on the demo account are virtual.

    Account Tab on the OX Markets platform can supply traders with all the necessary info concerning demo account which is linked to the specific type of trading account. There is also a time limit and how much of virtual money is available on the demon account.

    As we continued researching this broker further in order to obtain as much info possible for our OX Markets broker review, we also discovered the have a regular promotion which provides risk free trades.

    To become eligible to get them, traders first have to create and account with OX Markets and make a minimum deposit of at least $250 after which they can claim two trades which are risk free.

    OX Markets platform is available in English, Russian, German, Vietnamese and Italian.

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    OX Markets Account Types

    In our OX Markets broker review we further established that this broker has four distinct account types which registered traders can choose from.

    Each trading account is unique, with a specific set of characteristics and different deposit.

    OX Markets Micro Account

    • Minimum Deposit $250 – $2499
    • Free demo account for available for 7 days; virtual money available $10 000 – $50 000
    • Up to 25% bonus
    • Education materials + ebook – introduction

    OX Markets Bronze Account

    • Minimum Deposit $2500 – $4999
    • Free demo account unlimited; virtual money available $50 000
    • Up to 50% bonus
    • Introduction education lessons
    • Up to 10 signals daily
    • Personal account manager
    • Entry to promotions up to 50%

    OX Markets Silver Account  ox-markets-how-to-trade

    • Minimum deposit $5000 – $9999
    • Unlimited free demo account; virtual money available $50 000
    • Up to 100% bonus
    • 7 step trading education lessons with additional webinars
    • Up to 25 signals daily
    • Personal account manager
    • Entry to promotions up to 50%
    • Market analysis

    OX Markets Gold Account

    • Minimum deposit $5000 – $9999
    • Free demo account unlimited; virtual money available $50 000
    • Up to 100% bonus
    • 7 step trading education lessons with additional webinars
    • Up to 70 signals daily
    • Personal account manager
    • Entry to promotions up to 50%
    • Market analysis
    • Possible payout up to 85%

    OX Markets Customer Support Service

    Our OX Markets customer support service is available via mail at [email protected], web form, phone (numbers are available for Italy, Germany, Cyprus, Spain and UK) and live chat.

    In gathering info for our OX Markets broker review, we tested their live chat which proved to be swift, informative and professional.

    Their agents answered all our questions promptly and in an informative way. OX Markets also has a detailed and useful educational materials which can be found in Knowledge Center section.

    Traders can procure information about binary options in general, but they can also use a glossary or read about market analysis or get info on upcoming webinars.

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    OX Markets Banking Information

    As mentions at the very start of OX Markets broker review, what global traders get is a CySEC regulated broker (license number 274/15) following all the regulations proscribed by the regulatory body.

    There are further information about rules and regulations under a Legal section and several categories are listed: terms and conditions, privacy policy, complaint policy, client categorization, Know Your Client policy and personal data. Studying those sections will enable global traders a better understanding of the overall business philosophy of this broker and will make the whole process much easier to handle.

    ox-markets-logoAll the listed information serves to further prove the dedication and professional business attitude of OX Markets toward their registered traders.

    In OX Markets broker review we also discovered there are plenty of ways on depositing funds on this trading platform which include:

     

    • Debit and credit cards: Visa, Visa Electron, Maestro, Switch, Delta, MasterCard and Solo
    • Wire transfer

    For the time being, it appears payments via e-wallets are not possible.

    In order to withdraw funds, global traders need to submit a withdrawal form fist and send it to [email protected].

    It takes approximately 3 days for broker to process the request with the additional 5 business days for funds to be shown on traders’ account.

    Also, no additional fees are mentioned with withdrawing funds from trading account.