Before deciding to invest in this broker, make sure to open WikiFX and check the latest updates about this broker, so you may not regret every step you make.īefore deciding to invest with OX Securities or any broker, it's crucial to stay updated with the latest information on WikiFX and conduct your due diligence. The WikiFX score of a broker can be increased or decreased if the broker is constantly running the business in a good or bad direction. This commission is applied on top of the spread and is based on the trading volume. However, the pro account does have a commission structure of $3.5 per 100,000 units traded. This means that traders can potentially access more competitive pricing on their trades. The pro account is designed for more experienced traders and offers a tighter spread starting from 0.0 pip. These accounts do not charge any commission per trade, which can be beneficial for traders who prefer to avoid additional transaction costs. This means that the difference between the bid and ask price of currency pairs or other tradable instruments begins at 1.0 pip. The standard account and swap-free account have spreads starting from 1.0 pip. Ox Securities offers different types of trading accounts, each with its own specific features and cost structure. In addition, accounts with smaller initial deposits tend to have poorer trading conditions. Therefore, you may find it “unexciting” or unprofitable. However, we should also realize that too little capital not only reduces losses but also reduces profitability. This flexibility in starting deposits allows individuals to explore the platform and gain trading experience without committing a specific amount of funds upfront. This means that traders can open an account and begin trading without the requirement of an initial deposit. With Ox Securities, traders have the advantage of starting with a minimum deposit of $0. Live Account: Ox Securities offers a total of 3 account types: Standard Account, Pro Account, and Swap Free Account. MetaTrader 4 (MT4) is available on Windows, Mac, iOS, Android, and Linux devices while MetaTrader 5 (MT5) is available on Windows, Mac, iOS, and Linux devices.ĭemo Account: Ox Securities provides a non-expiring demo account that allows you to try out the financial markets without the risk of losing money. Ox Securities provides traders with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platform. Investing in a licensed broker is relatively safe compared to investing in an unregulated one. It is regulated by the Commonwealth of Australia Regulatory Authority with license number 438402. Investors still need to think long before making the decisions. But we still need to remind you of the potential investment risks, after all, a score of 6.85/10 is not perfect. You will probably get a good return from investing in this broker. WikiFX has given this broker a decent score of 6.87/10. These instruments include Forex (foreign exchange), Indices, Commodities, Stocks, and Cryptocurrencies. It provides traders with access to a wide range of financial instruments through Contracts for Difference (CFDs). Ox Securities is a global broker that was established in 2013. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. All routing fees/rebates and regulatory fees are charged separately.Ĭommission structure does not apply to Sterling Vol Trader customers, click here for Sterling Vol Trader pricing.In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. Per-share equities pricing is not available on Lightspeed Web & Mobile. Lightspeed Web & Mobile - minimum commission of $4.50 will be applied to any options order. Eze EMS (formerly RealTick) - minimum commission of $3.00 will be applied to any order. Lightspeed Trader and Sterling Trader Pro - a minimum commission charge will be applied to any order of $0.50 on any discounted per share commissions. Option pricing assumes customer priority status.Ĭommissions: Accounts under $15,000 will be subject to a $25 monthly minimum commission fee, minus any actual commissions charged in the prior month. All stock/ETF pricing listed on this page applies to listed equities only. All rates are subject to ongoing review and may be increased if the client fails to meet the trade/share thresholds listed above. Rebates will not be issued for past activity. You must contact us to request any rate changes. Active Trader Commissions: Active Trader rates are not automatically applied to any account and do not automatically adjust based on monthly volume.
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