OX Markets Review
The CySEC-regulated OX Markets prides itself on premium trading features, which are ensured by innovative technology, amazing features, and top of the line customer support services. No wonder lots of traders are interested in using this company’s trading services. OX Markets’ offering of “Risk Free” trades is very different from similar offers by other brokers. There are no strings attached or with withdrawal restrictions where this offer is concerned. Unfortunately, OX Markets is unable to accept US traders due EU regulation but they accept traders from just about every other country in the world, including some restricted by many other brokers such as Canada, Japan, India, Pakistan and Nigeria.
The broker has managed to earn a solid reputation in the industry, and below are some reasons why.
OX Markets Features
Unlimited Risk Free Trades
OX Markets offers free trades; and these are not like what most brokers offer. There are no strings attached, which means you will not face any restrictions when trying to make withdrawals. When you make the minimum $250 deposit, you will get two risk free trades worth $25. After this, for every $10,000 of trading turnover you will receive two $250 risk free trades.
100% Deposit Bonus
When you open an account and make your first deposit, your entire bankroll might double, thanks to a deposit bonus of up to 100%. The percentage of deposit bonus you will receive, depends on the type of account you open.
Up To Date Market Information
Having as much relevant information as possible is key to making it in binary options trading. This is why you will be glad to be using OX Markets; they offer a market analysis algorithm that gathers information on more than 200 financial assets after every five minutes. You can exploit this information to make better trading decisions and refine your trading strategy.
Trade All Kinds of Options
Some brokers will offer you a limited list of options to trade in. With OX Markets, you will have quite an extensive list of choices. You can trade typical binary options, long term options, 60 second options, one touch options, ladder options, and even pairs.
OX Markets offers high payouts of up to 91% on classic high/low binary options.
The company offers both demo and real trading. The demo account is available with every real account you open. For the Micro account, the demo account is available for just a week. For other account types, the demo account is unlimited.
OX Markets Customer Support
OX Markets clearly wants you to have as good a trading experience as you can possibly have. Customer support can be reached by phone, email, and even live chat. The support is also available in different languages. Furthermore, as a VIP client, you will have access to specialist trader services, which include more personalized customer support services.
OX Markets Deposits & Withdrawals
The initial deposit varies with the account type. The Micro account requires a minimum investment of $250, while the Bronze account requires at least $2500. The Silver account needs an initial deposit of $5000, while a gold account requires a $10,000 investment.
You can make deposits to and withdrawals from your OX Markets account in a number of ways. In addition to wire transfers and debit and credit cards, you can also make use of the online payment processing service, NETELLER. Withdrawals are normally processed within 1-3 business days.
OX Markets Reputation
Based on what other people have to say about OX Markets, this broker is safe, well-regulated, reliable, and full of important trading features. Its customer support, software and awarding of bonuses clearly make it the go to broker for many traders.
OX Markets Education
OX markets has lots of resources for its traders on its Learning Centre. If you are a novice, these learning resources will teach you the basics of binary options trading. Other than that, you will also get the information you need to begin trading the markets profitably. The company also regularly offers trading webinars to teach traders how to use various strategies.
Is It Worth Trying? Absolutely; OX Markets is worth a try. If you want to do some serious binary options trading, this broker is well set up to help you make the best of what this market has to offer. Although it is a late entrant in comparison to other brokers, OX Markets has managed to earn a reputation of being one of the leading brokers in the world. So, don’t hesitate to give it a shot.