This Broker is Out of Business!
OxMarkets was a European licensed binary options broker that opened in 2015. Owned by Ox Capital Markets Ltd, they are located at 67 Spyrou Kyprianou, Samos Center 2nd Floor, Office 201, Germasogeia 4042, Limassol, Cyprus. Their email address is [email protected], and their Cyprus phone number is: . For common broker complaints read this.
Investors at OxMarkets use the popular SpotOption trading software which is very user friendly. The binary trading software has over 200 assets for trading on. It has many types of binary options including; 60, 90, 120, 180 & 300 second options, pairs, one touch, high low, and ladders options.
They also offer binary options on commodities, including Gold, Silver, Coffee, Corn, & Wheat. Forex traders will find binary options on all the majors and some of the minors including the Singapore Dollar, the Rand, the Turkish Lira, and Russian Ruble. OX trading platform is available in English, Italian, Russian, German and Arabic.
The minimum deposit for a new Forex trading accounts is only $250.
When the Scam Broker Investigator reviews a Forex / CFD broker to determine if they are a scam broker or a legitimate broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Are they registered with the FCA in England or ASIC in Australia.
OxMarkets is licensed and regulated in Cyprus by CySEC with license number 274/15. The benefit of choosing a broker like OxMarkets is that since they are regulated, if you have a complaint, you can just go here, fill in the form, and it goes directly to their regulator CySEC. Additionally, they are a member of the Investment Compensation Fund, which protects traders account for up to €20,000 in the event that the broker becomes insolvent.
Click here to see the list of the best licensed Forex brokers.
BDSwiss (read review) is the best European licensed broker that offers investors the SpotOption binary options platform, and MT4 Forex trading. Their minimum deposit is $100 and the minimum trade size is only $1, read more.
What was your experience trading with OxMarkets? Please share your review in the comments below.