OX Markets Binary Options broker is one of the newcomers to the market of BO trading. The company is regulated by the CySEC license and does not provide its services to US clients.
However the company brings a few things to the table that help it stand out from the competition. Can OX Markets be the right choice for you? You can find the answer in our full OX Markets Review!
Min. Deposit: $250
Trading Platform: SpotOption
US Clients: Not Available
This broker is unverified! Sign up with 24options instead!
OX Markets at a Glance
OX Markets binary options broker is owned by Ox Capital Markets Ltd, a Cyprus-based investment company. It is located at Samos Center, Limassol. Its binary options services are offered since 2015, so OX Markets Review suspects that it is one of the
new breed of strictly regulated BO brokers that provides clients with binary options trading today unverified ones that still operate in this market.
OX Markets Binary Broker Trading Instruments
Being one of the newcomers to the market,
this broker makes sure that there are enough trading instruments offered to fulfil the needs of every trader this unverified broker makes sure to attract deposits via a great choice of instruments. Except for common currency pairs and stocks, traders can also buy binary options on such instruments as commodities and indices. There are 7 commodities and more than 30 indices available at this brokerage.
Furthermore, OX Markets review found out that this broker offers CFD trading to its clients. Such offer is uncommon for BO companies and even well-know brokers do not offer this type of trading. We suppose that only not legit brokers offer CFD’s, so stay safe!
OX Markets Reviews of Trading Platform
The main advantage of the OX Markets trading platform is that it is available directly in the browser. Well, just like any other binary options broker. Hence, there are no actual advantages offered. You will not have to download any files or install applications. You can just login into your account and start trading right away.
Moreover, the trading platform offered by OX Markets is based on the second generation of the best binary trading platform available today: SpotOption. While the initial launch of the SpotOption trading platform was in 2008, redesigned software was released in 2013. The second generation of this platform is known for more intuitive design and additional features that provide traders with a wider choice of trading types.
It has to be highlighted by the OX Markets reviews that in addition to common binary options trading types, such as One touch, Long Term and 60 seconds, broker provides Ladder Options trading. Additionally, it uses all the possibilities of the SpotOption trading platform and allows such uncommon binary trading options as Sell Early and Pairs Trading.Open an Account with 24option instead
OX Markets Education
When you register with this binary options broker, you not only get the best trading platform with additional binary trading types, but also high quality binary options education. OX Markets provides its customers with educational books, video tutorials and educational application for mobile devices. Educational video courses include videos about binary options trading, best binary options strategies, platform and social trading solution. They also carry out weekly webinars in different languages. Even though this broker offers you education, OX Markets is still unverified and you will, most probably, don’t see your profits. You will also be assigned an account manager to help you with your trading, make suggestions and give you reminders about important market events. Account manager will be of no help for you, and even if you make some profit, you might have hard time cashing it out.
OXMarkets Trading Services and Conditions
This unverified broker allows you to open an account with 250 USD of the initial deposit. Additionally, you will be able to deposit and trade up to 1,000 USD without verification of your account, which is usual stuff for scams that are not going to give you your money back. If you decide to deposit more or your trading volume will exceed 1,000 dollars, you will have to finish registration process with this BO broker.
OX Markets Accounts Overview
When registering with OX Markets Binary Options broker, you will be able to choose between various account types.
Be sure to check out offers and deposit requirements in order to pick up the best account type for you. This broker offers so many account types just for one reason – force you to deposit and loose more money. OX Markets account types are:
- Micro Account
Requires 250 USD, provides you with free educational tools and 7 days of free demo trading.
- Bronze Binary Options Account
Requires $2,500 of initial deposit and provides you with an unlimited demo account, personal account manager and 10 free trading signals per day.
- If you want more trading signals per day, we advise you to take Gold Trading Account!
This account type is available for those who deposit at least 10,000 dollars. This account type will offer you 70 trading signals per day, together with personal market analysis and training package.
OX Markets Fees, Commissions, Withdrawal, Deposits
When you decide to fund your account with this unverified broker OX Markets, you will have a choice between Credit and Debit cards and wire transfer. You will choose between Euro, Dollars and Pounds and even Polish zloty as your main account currency.
OX Markets scam review found out that this broker is also well known for
fast withdrawals that are available via both Credit/Debit cards and bank transfers. Remember, your initial deposit amount will be transferred to you via same payment system as you used for deposit! problems with withdrawals. Most of the traders claim that their withdrawals were declined and accounts were blocked.
OX Markets Client Support
Client support is one of the strong points of the OX Markets Broker. When you register with OX Markets, you will be able to contact support via live chat that is available 24/5 as well as e-mail and telephone. Support speaks English, German, Hungarian, Italian, Polish, Spanish and Vietnamese…however, the reported quality of the support wasn’t right, so you will not find any common language with them.
But, OX Markets review warns you, the support of this broker is of no help.
OX Markets Review Conclusion
Choosing good binary options broker is not an easy task. When doing so, you have to bear in mind the amount of instruments available, the quality of the support and many other things.
OX Markets review is sure that if you choose this Binary Options trading broker, you will make the right choice! It offers great amount of trading instruments together with the best BO trading platform and allows you to choose trading account that fits you perfectly! OX Markets broker is not a right choice, we would not advise you to sign up with them!