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Oxmarkets.com Review: Best Binary Options Broker
OX Markets is a dedicated binary options broker with advanced trading options and state-of-the-art online trading platform. It is one of the select companies, which are regulated by Cyprus Securities and Exchange Commission and Markets in Financial Instruments Directive with multilingual 24/5 support. Funds are properly held in segregated accounts and OxMarkets withdrawal, in comparison with competitors, are secure and fast. It also provides a 20 000 Euro compensation in case of company liquidation, as the broker is a member of Investor Compensation Fund for Customers of Cyprus Investment Firms.
The company's goal is to provide a safe and reliable trading environment, as well as competitive welcome bonus and a chance to win 1 kg of gold bar if you take part in competition and succeed. We should also admit in this OxMarkets review that a variety of trading options also complement this brokerage, and you do not have to invest much, with only $250 to start your trading career.
|Welcome Bonus||Up to 100% bonus|
|Return Rates||Up to 88%|
|OxMarkets Minimum Deposit||$250|
|Trade Range||From $5 up to $50 000|
|Types of Currencies used for Transactions||US Dollar, Euro, British Pound|
|Option Types||Binary, Pairs, Long Term, Short Term, One Touch, Ladder, CFD/FX|
|Safety Net||Up to 5% refund for loses on a trades|
|Assets||Stocks, Commodities, Forex / Currency Pairs, Indices|
|Commodities||Coffee, Gold, Oil (Light Sweet Crude), Platinum, Silver, Sugar, Wheat|
|Forex||USD/SGD, USD/TRY, EUR/JPY, USD/ZAR, EUR/GBP, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/RUB|
|Indices||MICEX 10 (MOSCOW INTERBANK EXCHANGE), MSM 30 (OMAN), BOMBAY SE, NASDAQ (US), DAX (GERMANY), NIKKEI225 (JPN), DOW (US),RTS (RUSSIAN TRADING SYSTEM), DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX), S&P 500 (US), FTSE 100 (UK), SSE180 (SHANGHAI STOCK EXCHANGE), HANG SENG (HONG KONG),TADAWUL (SAUDI STOCK EXCHANGE), ISE 30 (ISTANBUL STOCK EXCHANGE), TEL AVIV 25, KL FUTURE|
|Stocks||LUKOIL, NIKE, MICROSOFT, NISSAN MOTOR, IBM, REUTERS, APPLE, ROLLS ROYCE, BAE SYSTEMS, SBERBANK, BP, TATA MOTORS,CITI, TESCO, COCA COLA, TEVA .TA, GAZPROM, TURKCELL, HSBC HOLDINGS|
|Methods of Bank Transactions||Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch), Solo, Wire|
|Trading Platform||Spot Option is the platform that powers 24Option. No download required.|
|Supported Countries||All countries, apart from USA, Belgium|
|Demo Account||On deposit by request|
67 Spyrou Kyprianou, Samos Centre 2nd Floor 201, Germasogeia 4042, Limassol, Cyprus
Oxmarkets.com Review: Binary Trading
OX Markets is a primary brokerage firm for no-nonsense investors, who check their binary options provider from down to the bottom. It has a history of proven compliance with all the basic regulatory frameworks, so that your investment remains intact, like in a savings account in a Swiss bank, but with many more options to increase it.
In our OxMarkets review, we can say that the platform for trading on its own looks totally fine, without any exquisite features, but it is easy to use and navigate. You can place trades on simple Up/Down trades, short or long trades, pairs or such exotic investments as ladder or one touch. Banking options include the most necessary and widely used ones, like credit cards and wire transfer.
Ox Capital Markets LTD provides you with an Unlimited Risk Free Trades offer!
The brand new regulated broker Ox Capital Markets comes with an electroshock offer! Indeed, they will offer to each individual that signs up through the link bellow, 2 refundable trades of 25$ for a minimum deposit of $250. They have called the offer Unlimited Risk FREE Trades.
How does it work?
You have to reach the offers page in broker`s site, register and make OxMarkets minimum deposit of $250.
In case of losing one of the trades, Ox Capital Markets will refund it to you as CASH and not bonus. The refund will be done for the 2 trades of $25 of your first deposit. The beauty of this offer is that if you wish to withdraw you can do it instantly.
The second layer of this offer is based on volume. At every $10.000 turnover, Ox Capital Markets will reward you with another 2 Risk Free Trades of $250 each, that is based on the same logic as the first.
OxMarkets Minimum Deposit
It is secure and easy to start trading with Ox Markets. It is a great offer especially for beginners to start with OxMarkets minimum deposit of just $250 and to try yourself out. You can invest via Credit Card or wire transfer. The maximum amount of the deposit via Credit Card is $5 000, and via wire – it is unlimited. This broker has four account types to complement traders from any background and financial standing.
Oxmarkets.com review - Account types
The Micro account with a $250 deposit offers a free demo account for a week, an introductory lesson from one of the providers' pros to set you up trading, an entry level Ebook, as well as a 25% bonus on your initial investment. It seems like a good deal, but there are much better financial offers for beginners out there.
With the Bronze account and an investment of $2 500-$4 999 you get an unlimited demo account with 50K in virtual currency, introduction to the platform and binary options by a company specialist, up to 10 free signals on your mobile or email, entry to prize, promotions and a 50% bonus on deposit, as well as access to a personal manager.
The Silver account is for more advanced traders, who have accumulated enough funds to open a decent account with all the necessary options. Compared to other brokerages this offer is above average as with an investment of $5 000-$9 999 you receive all of the above-mentioned benefits plus entry to exclusive educational webinars, up to 25 signals for trading per day to support your active intra-day trading, personal market analysis developed by highly skilled personnel and a 100% bonus. The trading signals are an especially lucrative offer, considering their quality and quantity.
The Gold account is for professional traders who have checked the reliability and security of this brokerage company and are willing to invest a substantial amount of $10 000-$25 000. As it was said, the amount may seem large, but for large volume trades, this account is not suitable. Though with up to 70 trading signals per day provided by the firm, you should be a trading machine. It also offers higher returns per trade, which are specially arranged for you by your dedicated support manager.
There is a minimum OxMarkets withdrawal amount, which is $100. Money transfer from your account can be made only in the same way as you invest your account. Ie if you make a deposit using a Credit Card, it is possible to make a withdrawal only on that card.
Depending on the method of a pay-out, you need to fill in the appropriate fields in the OxMarkets withdrawal form. Once you make a request for the transaction, it takes 3 days for its confirmation. You will be able to see the pay-off amount in your account approximately in 5 days.
Company is set up in Cyprus and has several toll-free lines with customer support representative able to help in several languages, such as English, German, Italian and Spanish. You can also get help by filling in a web-form or chat. Also, we can add in Oxmarkets.com review that the chat option is quick and you don't need to wait for many minutes before a customer support representative answers your question.
In our OxMarkets review we should admit another really good thing about this company - its educational support, where you can find information about binary market analysis, a complete glossary, an introduction to the world of binary options for newbies, trading tools explanation, as well as a learning center, where you can watch, learn and trade, as their motto says. It encompasses a variety of video tutorials from advanced traders, a complimentary Ebook and access to a mobile trading platform for Android devices.
Finally, if you are concerned about the safety of funds, the company's team has made sure that all of your worries are eliminated, as it is completely licensed and adheres to strict regulations. You can find all the contact information on the broker's web-page with detailed compliance contact details if any issues may arise.
Also in this OxMarkets review in order to determine whether there is OxMarkets scam, we should pay attention to the broker's legitimacy. It is regulated by the Cyprus Exchange Commission and falls under the strict rules of MiFID. As for the non-credit institutions, this company is a member of CIFs and other Investment Firms.
This broker is completely new on the trading market. And, although its trades terms and services can be regarded as one of the best in the field, this broker is still little known. So how we can say about OxMarkets scam, when there are almost no feedbacks from the users on the web, except the official facts about the company.
OxMarkets company has the time and space to establish itself as a good and trusted provider. And we can only try trading with it and decide how good it is and whether there is OxMarkets scam.