OX Markets Review

MIN. DEPOSIT $250
Up to 400% PAYOUTS
25-100% BONUS
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Overview

Broker information Launched in 2015 and having its head offices in Limassol, OxMarkets is one of the most promising newcomers in the binary options industry. Sternly overseen by CySEC and… more

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Details

BrokerOX Markets
Website URLhttp://www.oxmarkets.com/
Headquarters67 Spyrou Kyprianou, Samos Centre 2nd Floor 201, Germasogeia 4042, Limassol, Cyprus
Support Number +44-203-514-993 (UK); +34911984538 (ES); +357-25-000-198 (CY); +49-322-210-95278 (DE); +39-069-480-4004 (IT)
Support TypesLive Chat, E-mail, Phone
LanguagesEnglish, Hungarian, German, Italian, Polish, Spanish, Vietnamese
Minimum 1st Deposit$250
Minimum Trade Amount$5
Maximum Trade Amount$1500
Bonus25-100%
PayoutUp to 400%
Free Demo Account No
Regulated Yes
RegulationRegulated by CySEC
Deposit MethodsCredit/Debit Cards, Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch), Solo, Wire Transfer
Withdrawal MethodsCredit/Debit Cards or Wire Transfer
Expiry TimesFrom 60 seconds to 1 week.
Types of AssetsCurrencies, Stocks, Commodities, Indices
Account CurrencyEUR, USD, GBP, PLN
US Traders Allowed No
Islamic Account: No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

Launched in 2015 and having its head offices in Limassol, OxMarkets is one of the most promising newcomers in the binary options industry. Sternly overseen by CySEC and MiFID, OxMarkets has a marvelously designed trading platform based on simplicity, security, and user-friendliness which ensures excellent trading. The website of the broker comes in English, Hungarian, German, Italian, Polish, Vietnamese, and Spanish.

With more than 200 assets accessible for trading and 90% instant profits, OxMarkets punches above its weight to provide its avid investors with an experience that it is incomparable in the binary niche. However, the website of the broker is only accessible in English and Italian.

Accounts

There are five different trading accounts at OxMarkets. To start trades via a Micro account, an initial deposit of $500 is necessitated. Opening a Standard account at this broker requires a minimum amount of $2,500. Investors who wish to trade via a Gold account need to fund it with at least $10,000. The Platinum account requires clients to cash it with a minimum deposit of $25,000. For elite traders, OxMarkets have created the VIP account. The minimum deposit to launch such an account is $50,000.

Deposit and Withdrawal Options

The brokerage is devoted to ultimate security when it comes to funds and trading accounts. A wide array of reputable and convenient deposit methods exist at OxMarkets and these include VISA, Delta, Diners Club, MasterCard, Solo, Maestro, VISA Electron, Wire Transfer, and Maestro UK (Switch). Bear in mind that before making a Maestro card, you will be required to present a 3D security core for authentification as stipulated in their rules.

Withdrawal requests are processed through the original method you utilized for cashing your accounts. Please let up to 3 business days for the withdrawal to materialize and keep in mind that some extra documentation may be requested by OxMarkets.

The enterprise is registered with CySEC and MiFID, thus rest assured your money is taken good care of in line with strict EU regulations.

Features

OxMarkets provides a host of features for trading. The expiration times of the “Short Term” options vary from 1 minute through 90 seconds and 120 seconds to 3 and 5 minutes. The “One Touch” feature can yield a payout of 400%. There are also “Pairs”, “Ladder” and classic binary options. The “Long Term” options vary from 2 days up to a week and may bring up to 75% payout. A mind-boggling selection of more than 200 assets including commodities, currencies, stocks, and shares are accessible for trading.

Education

To increase its customers’ ongoing success, OxMarkets has devised a thorough education academy which is packed with great features. Video tutorials on market analysis, social trading, and options strategies are available for both advanced and beginner traders. A comprehensive eBook teaches the basics of binaries and includes a glossary of trading terms and concepts. In addition, there is an FAQ section neatly divided in categories.

Customer Support

Customer service can be accessed through five phone lines in Europe. Live chat, a web-form, and an e-mail assistance are also offered by OxMarkets.

Bonuses/Promotions

All five accounts of OxMarkets receive risk-free trading, a devoted account manager, access to interactive webinars, and a demo account the duration and amount of virtual money of which depend on the account type.  The welcome bonuses for the Micro, Standard, Gold, Platinum and VIP accounts are 25%, 50%, 75%, 100%, and up to 125% respectively.

The Gold, Platinum and VIP account holders are eligible also for 1 to 1 training as well as they gain access to a professional analyst of the world markets. Holders of the Platinum and the VIP accounts also qualify for exclusive perks, including higher payouts (+2/3% for the Platinum account and +3/4% for the VIP account), happy hour entries, executive account manager, as well as 7-step training program which teaches advanced trading techniques and strategies with which to tame the markets volatility.

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