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Oxtrader is a forex, CFDs, commodities and indices broker, with long term experience and full market practices. This is the only broker that will serve you better as they offer zero commission and zero minimum deposit. Oxtrader looks like ic markets but icmarkets charge fees.
However, this broker is relatively new, founded in 2015 by group of experts traders. OX Trader Ltd. (OX Traders) is an International Business company incorporated in St Vincent and the Grenadines (25509 BC 2019) by the Registrar of International Business Companies at Suite 305, Griffith Corporate Centre, Beachmont Kingstown, St Vincent and the Grenadines.
However we can say that oxtraders is an alternative to ic markets as they collect no fee from traders. The broker is regulated by ASIC and works under ruisean. We recently approved this company and we decided to try its platform, though not taking long we could conclude that it’s best for beginners.
Ox trader is best for experienced traders as well, they offer a competitive trading platform and well trained customer support. Above all, clients fund are managed in a segregated account with instant withdrawal.
Oxtraders Trading platform
Ox traders offer the most recommended and accepted trading platform. However what matters most is not the type of platform. But if a broker is willing to offer traders what they need. Therefore, when i checked oxtraders as I was filtering to see falt, I noticed that they offer MetaTrader platform, mt4 precisely.
Oxtraders mt4: oxtraders mt4 is best to trade forex online. I was able to verify my account before investing, and I tried the platform with real money. The honest language I would like to use is that ox traders offer a good trading platform. However I suggest you exploit it now that it’s still new, in fact leave your broker and try oxtraders. And you will see the truth about a good broker.
Demo Account: Oxtraders.com offer a demo account to every trader who wish to have it. Now we first tried the demo account and it’s just like the real account. However checking out the demo account, it comes with all the features that can help beginners to be perfect. If you want to open Demo account them, which you can do in your dashboard. You will get $1000 virtual money to start trading for free.
Oxtraders Account Types
In the process of oxtraders.com review we checked the account types and we are going to brake it down. The broker offer trading accounts with no minimum deposit. However, these accounts comes with zero commission, but let’s analyze it one by one.
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Standard account: oxtraders offer standard account which comes with zero commission and minimum deposit. The Spreads for this account is 1.0 pip. While the minimum trade per lot is $0.01. The leverage offered in this account is 1:400
Pro Account: with ox traders pro account, you will have zero spreads and zero minimum deposit . The minimum trade per lot is $0.01 and leverage is up to 1:400. However, in this account type, they charge commission of $7 per lot.
Swap Free Account: this is a zero commission account and spread from one 1 pip. Swap free account zero minimum deposit and minimum trade from 0.01. Most importantly, oxtraders offer leverage up to 1:400 in this account.
Oxtraders.com review on Customer support
We all know what it Luke like when we lack support while trading. Therefore we should be happy as Ox traders offer traders best customer support. However we are judging from general Overview, and rating from users. After much positive response, we decided to give the broker best customer support. This effort by professional agents which work as a customer support service has added more reputation to the broker. Oxtraders offer trading platform with 24/7 support service to traders. This come as a livechat support, phone calls and emails. However you can visit their headquarter at Suite 305, Griffith Corporate Centr; Kingstown St. Alternatively, you can use the contact form.
Payment Methods
Oxtraders offer fast and flexible payment methods which is in addition secure. Therefore, You can use Visa card; Mastercard, PayPal, neteller, skills, alipay, union pay etc.
However the payment process can take few seconds. But withdrawal can take few hours, depending on your funding method.
Is Oxtraders Regulated?
Oxtraders is highly regulated and reliable. Safety features are not a concern when it comes to Oxtraders. The forex broker is with full support of the Australia and its national regulator. The broker was established in Australia, which means that its main regulation agency is ASIC. It is also important to know that besides the comparatively short lifespan that this trading platform has – it debuted back in 2015 – the broker is widely known to be is 100% reputable and reliable. Its main operator, Ox traders Ltd, is a large investment company with good potential to become a leader in financial trading services.
Is ox traders reliable?
How do we analyse and filter brokers like ox traders?. We scrutinize brokers by so many features like minimum deposit, regulation, leverage, fees, secret activities and trading platform.
Since Oxtraders is regulated, it will fulfill its promise with all the above features. We have seen this platform work for us and others equally testify that they are legit and reliable. There’s a positive review from trusted broker review and trading forum. We couldn’t recommend without testing this broker. If you want to trade forex with a trusted platform, oxtraders should be your number one broker.
Advantage of using ox traders platform
There are plenty of advantages to gain by trading with the broker. In the process of our oxtraders.com review, we saw that trader can benefit from free offer and one time bonus. More-so it is a commission free broker and zero minimum deposit with helpful leverage. They offer customer support, good trading platform, and affiliate.
Oxtraders.com Review Conclusion
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Finally we will conclude our oxtraders review by telling you to make hast and complete your registration. In fact, we want you to change your broker, not because of what we will gain but to reduce your cost of trading. There will be less risk at ox traders platform, the broker is fully licensed and advantageous to use. Why must you use oxtraders? You can start with $0.01 deposit. Therefore if you can try this platform; I believe you will not have reasons to leave it. Oxtraders is regulated and licensed by ASIC Learn more