What is OX Securities?
OX Securities is a financial services company that prioritizes integrity, honesty, and transparency, offering traders execution services across forex, indices, commodities, and crypto currencies.
They adhere to high safety standards, holding client funds in tier 1 regulated banks in Australia.
OX Securities uses the straight-through processing (STP) model to provide low transaction costs, fast execution, and superior customer support.
They connect traders to leading liquidity providers and broker channels, allowing customers to leverage their institutional strengths while using their trading software.
OX Securities strives to provide the best trading environment possible by offering low spreads, commissions, and the latest technology.
Investing in Cryptocurrency with Ox Securities
OX Securities offers Cryptocurrency CFDs (Contracts for Difference) as part of its trading services.
Cryptocurrency CFDs allow traders to speculate on the price movements of digital assets without having to own the underlying assets.
By trading Cryptocurrency CFDs, traders can take advantage of price movements in a variety of digital currencies, including Bitcoin, Ethereum, and Litecoin, among others.
OX Securities’ Cryptocurrency CFDs are designed to provide traders with a simple and efficient way to gain exposure to the crypto market, with low trading costs and competitive spreads.
Account Types offered by Ox Securities
See the table below for the comparison of all account types offered by Ox Securities.
|Standard||Pro Account||Swap Free|
|Commission (per lot)||$0||$7||$0|
|Spreads from (pips)||1.0||0.0||1.0|
|Starting Deposit (USD)||$0||$0||$0|
|Server Location||New York||New York||New York|
|Minimum lot size||0.01||0.01||0.01|
|Stop out level||20%||20%||20%|
|One click trading||Available||Available||Available|
|Trading styles allowed||All||All||All|
|Order distance restriction||None||None||None|
|Suitable for||Discretionary & Swing Traders||Day Traders & Scalpers||Those who cannot pay or receive interest for religious reasons|
This brokerage firm offers three types of trading accounts: Standard, Pro, and Swap Free.
All accounts allow trading on the MT4/MT5 platform with a leverage ratio of 1:500. The Standard and Swap Free accounts charge no commission per lot, while the Pro account charges $7.
The Pro account offers the lowest spreads starting from 0.0 pips, while the other two accounts start from 1.0 pips.
All accounts have no minimum deposit requirement and no order distance restrictions.
They also offer one-click trading, Islamic accounts, and support the programming language MQL4.
The accounts allow trading in over 80 instruments, with the Pro account suitable for day traders and scalpers, and the other two suitable for discretionary and swing traders.
The Swap Free account is an additional option for those who cannot pay or receive interest for religious reasons.