Home » OX Securities
Pros
  • Zero-dollar minimum deposit makes it easy to start trading.
  • Access to MT4, MT5, and IRESS platforms for flexibility.
  • Competitive pricing with raw spreads from 0.0 pips on Pro accounts.
  • Wide range of markets including 10,000+ share CFDs.
  • Multiple funding options including cards, bank transfers, and crypto.
  • Trustpilot rating of 4.4/5 highlights strong customer support.
  • Cons
  • Retail clients are served through an offshore entity with lighter protections.
  • Withdrawal delays and extra verification steps are sometimes reported.
  • Educational and research resources are limited compared to larger brokers.
  • Quick Verdict: Is OX Securities Worth It?

    Summary of Key Findings

    • Regulatory setup is mixed. Ox Securities Pty Ltd in Australia holds AFSL 438402 under ASIC oversight and states it serves wholesale clients only. Retail and most international users are routed to Ox Securities Ltd in St. Vincent and the Grenadines. The brand’s offshore presence also appears on the CFTC RED List dated 29 May 2025 which indicates it is not authorised to operate in the United States. That is not an automatic accusation of wrongdoing but it is a clear caution for US readers.
    • Accounts and pricing are competitive. Public materials show a Standard account with spreads from 1.0 pip and no commission and a Pro account with spreads from 0.0 plus a 7 dollar round trip commission per lot. A swap free option is available. The stated minimum deposit is 0 dollars with leverage up to 1:500 subject to your local rules.
    • Platforms and tools cover the bases. You get MT4 and MT5, plus IRESS for share CFDs that the broker markets as 10,000 plus securities. There are iOS and Android apps. The company references Equinix NY4 hosting and an STP or ECN style execution message which suits algo users.

    Payments and funding are presented as flexible. The broker promotes card and bank transfer along with crypto payments and regional rails such as PayNow, Fasapay, and Dragonpay. Availability can vary by country so confirm what is offered in your region before you plan your workflow.

    Reputation is broadly positive though not flawless. A recent snapshot of Trustpilot shows a 4.4 out of 5 score from 584 reviews with many traders praising response times and some complaints that focus on withdrawal friction or verification back and forth. This is typical for the CFD industry and not unique to this firm.

    Risk and protections should be understood clearly. Offshore CFD trading does not usually come with the safeguards that strict tier one retail regimes provide such as compensation schemes or mandated negative balance protections. The Australian AFSL arm lists itself as wholesale only which means most retail readers will interact with the offshore entity and a different rule set.

    Bottom line: If you prioritise pricing, a 0 dollar minimum deposit, and access to higher leverage where permitted, OX Securities can be a practical option. If you value top tier retail regulation and the highest investor protections, it will likely fall behind brokers that onboard retail clients under regulators such as the FCA or an ASIC retail framework.

    Who Should (and Shouldn’t) Use OX Securities?

    Best for:

    • Experienced global CFD traders who understand the trade off between tighter pricing and more flexible leverage on one side and lighter investor protections on the other.
    • Algorithmic MT4 or MT5 users who can benefit from Equinix NY4 connectivity, EAs, and the option to pair with a VPS.

    Share CFD enthusiasts may appreciate access through IRESS and the breadth that is marketed as 10,000 plus instruments. Be mindful that share CFD platforms can involve market data fees and additional platform costs so factor those into your total cost of trading.

    Traders who need flexible deposits may like the mix of cards, bank transfers, crypto, and regional payment rails. Always double check which methods are available to your country and which currencies are supported.

    Think twice if:

    • You are US based. The brand’s offshore entity appears on the CFTC RED List and the firm states it does not offer services where local rules would be breached.

    If you want the full set of retail protections that come with top tier regulators you may prefer a broker that onboards retail clients under FCA, ASIC retail, BaFin, or Japan FSA rules. If you dislike any uncertainty around processing times for deposits or withdrawals you should trial the process with a small amount first and document each step with support.

    Our quick take, like a supportive coach not a controlling ex:
    Traders who chase raw pricing and platform familiarity will find most of what they need. Traders who sleep better with the strongest retail protections should shortlist alternatives that are structured for retail under a major regulator.

    OX Securities Homepage
    OX Securities Home Page
    Pros

    • Highly Trusted: Vantage boasts a high trust score, reflecting its reliability in the trading community.
    • Regulatory Approval: It is sanctioned by multiple tier-1 and tier-2 regulators, solidifying its position as a reputable platform.
    • Diverse Trading Platforms: The availability of various copy-trading platforms emphasizes its versatility in trading options.

    Cons

    • Limited Educational Resources: Vantage does not provide an extensive educational portfolio for traders, a shortfall compared to its competitors.

    Broker Overview

    OX Securities at a Glance

    Here is a quick snapshot that helps you understand the brand structure, target clients, and the core features without hunting around.

    This is a broker with a split setup. The Australian arm is a licensed wholesale provider while the international arm is an offshore retail venue. That split explains why you may see different disclosures and eligibility statements when you move between the .com.au and .com websites.

    Background, History, and Ownership

    Ox Securities presents itself as a team with more than a decade of market experience and uses language that will be familiar to MetaTrader traders such as STP, ECN style routing, and NY4 hosting. The Australian legal entity is Ox Securities Pty Ltd with ACN information and AFSL 438402 under ASIC. Public pages on the Australian site emphasise that services are offered to wholesale clients in Australia.

    For global retail clients the relationship is with Ox Securities Ltd based in St Vincent and the Grenadines. The contact page lists Suite 305 at Griffith Corporate Centre and shows registration number 25509 BC 2019. This entity is registered with the SVGFSA, which is an administrative register rather than a prudential supervisor of CFD brokers. Traders should understand that registration in St Vincent is not equivalent to robust retail oversight in a tier one jurisdiction.

    Brand communications and third party profiles refer to operations dating back to 2013. That gives a sense of longevity that many new brokers cannot claim, although longevity alone does not replace the protections that come from strict retail regulation.

    Geographic Availability and Licensing Status

    If you are in Australia and meet the wholesale client tests, you will be directed to the Australian entity. The AU site provides clear language about wholesale eligibility, including income or assets thresholds under the Corporations Act. Most retail readers who do not meet those criteria will not be onboarded under the AU licence.

    International retail clients typically onboard through the St Vincent entity. The global site carries standard distribution disclaimers that the information and products are not intended for jurisdictions where offering them would breach local law. In practice that means the broker expects you to check your local rules and that it will not solicit in restricted markets.

    United States readers should note a specific point. OX Securities Limited appears on the CFTC RED List dated 29 May 2025 which flags that the entity is not authorised to offer derivatives services in the US. A RED List entry is not a determination of wrongdoing. It is a signal that US residents should not engage the firm for regulated activities in the US.

    The overall picture is simple. Wholesale clients in Australia may be eligible to use the Australian licensed entity. Most retail clients elsewhere will be served by the offshore entity with different safeguards. Always read the legal documents and eligibility pages that apply to the specific entity that will hold your account.

    Is OX Securities Safe and Regulated?

    Regulatory Compliance and Oversight

    When you assess safety, start with the legal entity that will hold your account. OX Securities operates a split structure. An Australian company holds a licence and clearly targets wholesale clients within Australia. Retail clients who do not meet wholesale thresholds are typically directed to an offshore entity that serves most international users. This is common in the CFD industry and it affects the protections you receive.

    Strict regulators apply prescriptive rules for leverage, marketing, disclosures, and dispute resolution. They also tend to require ongoing capital adequacy and reporting that can be tested during audits. Offshore registrations usually focus on company formation and basic record keeping rather than full scale prudential supervision. That does not mean a broker will behave badly. It does mean the rulebook may be lighter and the avenues for redress may be narrower if something goes wrong.

    The firm presents familiar retail trading frameworks such as best execution language, order routing that resembles STP or ECN style practices, and references to reputable data centers that host trading infrastructure. These are all positive signals for operational maturity. Still, safety is ultimately a function of the specific regulator that covers your account and the dispute mechanisms that are available to you as a retail client in your country.

    If you are an Australian resident who meets wholesale criteria, your experience will be shaped by Australian law and the obligations that apply to a licensed provider in that market. If you are a retail client elsewhere in the world, your account will likely be handled by the offshore company and your legal protections will align with that jurisdiction. Always read the product disclosure statements, client agreements, and risk warnings that correspond to the entity that will actually on board you. These documents clarify what the broker can and cannot do, what your responsibilities are, and which courts or arbitration bodies have authority.

    How Your Funds Are Protected

    Most CFD brokers state that client funds are held in segregated bank accounts that are separate from the broker’s own operating capital. Segregation is a basic industry safeguard that helps prevent co mingling of client deposits with company funds. It is not the same as a statutory compensation scheme and it does not guarantee recovery if a firm fails. You should confirm what segregation means in practice, which banks are used, and whether interest is paid on balances.

    Negative balance protection is another point to check carefully. Some regulators require it for retail clients while others do not. If your account is opened under an offshore entity, negative balance protection may be offered as a policy choice rather than a regulatory mandate. Read the order execution policy and the margin stop out rules so you know when positions can be closed and how fast losses can compound during extreme volatility.

    Withdrawals deserve special attention. A reputable broker will ask you to withdraw back to the same source you used for funding, especially for cards and certain e wallet rails. This is part of anti money laundering controls and it can feel inconvenient if you are switching bank accounts or moving countries. Plan for this. Keep records of deposits and verification documents. When possible, test the withdrawal process with a small amount before you scale up your trading size.

    If you are in a country with investor compensation schemes or ombudsman services, those layers can add comfort. If your account is under a jurisdiction that does not provide compensation schemes for CFD trading, you must rely on the broker’s own solvency, banking arrangements, and internal policies. That is why many traders who prioritise capital protection choose retail entities regulated by the most stringent authorities, even if the pricing looks slightly less aggressive.

    Reputation and Complaints

    Reputation in the CFD space is rarely perfect. OX Securities draws praise for platform familiarity and pricing while also receiving the usual industry complaints about identity verification, withdrawal steps, or the time it takes to respond to live chat during busy market hours. None of that is unique to this broker. The important question is how consistently the company resolves issues and whether the tone of support interactions is professional.

    Before you commit, do three simple checks. First, read a sample of recent user reviews from the last few months, not just the overall score. Themes matter more than isolated stories. Second, look at the public status of mobile app ratings and note whether the most recent updates improved stability. Third, scan the legal pages for clear explanations of fees, funding channels, and country restrictions. A transparent broker tends to post these details in plain language rather than bury them in fine print.

    If you ever face a dispute, escalate in writing and keep the thread polite, timestamped, and complete. Provide order IDs, platform screenshots, and bank proofs. Ask for the broker’s internal complaints handling policy and follow the steps exactly. Most issues that relate to documentation or payment rails are solvable with methodical follow up. If you do not receive a satisfactory answer, escalate to the relevant authority that covers your specific entity. The correct pathway depends on which company within the group actually holds your account.

    The safety verdict is balanced. The brand mixes a licensed wholesale presence in Australia with an offshore retail venue for the rest of the world. Traders who understand that structure, keep meticulous records, and size their risk conservatively can operate comfortably. Traders who want the strongest retail guardrails should prioritise entities that open accounts under top tier retail regulation and are covered by robust dispute and compensation frameworks.

    OX Securities Funded Accounts
    OX Securities Accounts

    Account Types and Onboarding Process

    Types of Accounts Available

    OX Securities offers a streamlined lineup of three account types designed to meet different trading styles.

    The Standard account is aimed at newer or cost-conscious traders. It offers spreads starting from 1.0 pip with no commission. The broker earns from the spread markup, making this account simple to understand.

    The Pro account is intended for more active or higher volume traders. It provides raw spreads from 0.0 pips and charges a 7 dollar round trip commission per standard lot traded. Many traders who scalp or run expert advisors prefer this style of account because it separates the spread from the commission.

    The Swap Free account is available for traders who wish to avoid overnight swap charges, often used by those with religious considerations. Instead of swaps, an administration fee may apply after a set number of days.

    All accounts are marketed with a 0 dollar minimum deposit and maximum leverage up to 1:500. Keep in mind that your local laws may restrict leverage to lower levels.

    Minimum Deposit and Leverage

    The advertised minimum deposit is 0 dollars, which means traders can open an account and fund it with whatever amount they feel comfortable starting with. In practice, many traders deposit between 200 and 500 dollars to ensure enough margin to run positions without constant stop outs.

    Leverage up to 1:500 is promoted, though this depends heavily on where you live. Traders in Australia under ASIC retail rules are capped at 1:30 for major forex pairs, but since OX Securities onboards retail clients offshore, higher leverage may be offered. Always confirm your maximum leverage in the client portal once your account is approved.

    Higher leverage can be attractive for aggressive strategies but it also magnifies losses. Conservative position sizing and a clear stop loss plan are the safest ways to balance opportunity with risk.

    How to Open an Account (Step-by-Step)

    The onboarding process is fairly standard for CFD brokers and usually takes less than a day if your documents are ready.

    1. Visit the broker’s site and click the “Open an Account” button.
    2. Complete the registration form with personal details such as name, email, country, and phone number.
    3. Choose your account type (Standard, Pro, or Swap Free) and your preferred platform (MT4, MT5, or IRESS).
    4. Submit identity documents such as a passport or driver’s licence along with proof of address like a utility bill or bank statement.
    5. Verify your email and phone by entering the codes sent to you.
    6. Wait for approval, which can take a few hours up to one business day depending on verification workload.
    7. Fund your account through card, bank transfer, or another supported method.
    8. Download the platform (desktop, web, or mobile) and log in with the details sent by email.

    Once funded, you can begin trading immediately. Many traders start with a small deposit to test the withdrawal process before committing larger sums.

    Demo and Islamic Account Options

    OX Securities provides demo accounts on both MT4 and MT5. Demo accounts are important for testing strategies, familiarising yourself with execution speeds, and practicing order placement without risk. They mirror live account conditions, though of course execution is simulated and emotions are different when no real money is at risk.

    The Swap Free account option caters to traders who cannot or prefer not to pay overnight swaps. Instead, trades are held without overnight interest but may be subject to an alternative fee after a few days. This structure is designed to remain compliant with certain religious requirements while still giving access to global markets.

    Demo accounts are a safe way to explore the platform before upgrading to live. The Swap Free option allows broader accessibility to global clients who need it. Together, these choices help the broker appeal to different trader profiles.

    Trading Platforms and Tools Offered

    Desktop, Mobile, and Web Platform Overview

    OX Securities offers three core trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and IRESS. Each has a different focus.

    MT4 remains the most widely used platform in retail forex. It is stable, lightweight, and supported by a massive library of indicators and expert advisors. Many traders appreciate its simplicity and low resource usage, which makes it ideal for both manual trading and automated systems.

    MT5 builds on MT4 by adding more timeframes, additional order types, and support for more asset classes. It is better suited for traders who want advanced backtesting or who plan to trade beyond forex into CFDs on indices, commodities, or cryptocurrencies.

    IRESS caters to share CFD traders. It is designed for multi-asset coverage and is advertised with access to more than 10,000 instruments. The platform is feature-rich and professional, though it often carries extra data or platform fees. Traders who want equities exposure through CFDs may find it worth the cost.

    All three platforms are available on desktop, web, and mobile. The broker supports iOS and Android apps so you can trade on the move. Execution servers are mentioned as being located in Equinix NY4, which is a common hosting site for financial trading systems and can reduce latency for certain strategies.

    Ease of Use, Features, and Functionality

    Ease of use depends on your platform choice. MT4 is the simplest to navigate, with one-click trading, customisable charts, and a clean interface. MT5 adds more complexity but also more analytical depth. IRESS is the most complex and caters to those who need a broad range of market data and direct access to share CFDs.

    The broker provides support materials to help new traders install, configure, and use the platforms. This includes login guides, platform walkthroughs, and access links in the client portal. For mobile users, the apps are straightforward to download from app stores and sync with live or demo accounts.

    Functionality covers common needs such as placing stop and limit orders, setting alerts, and managing multiple watchlists. Advanced features include algorithmic trading on MT4 and MT5, multi-asset coverage in IRESS, and depth of market displays for those who rely on order book views.

    Custom Indicators, VPS, and Execution Model

    OX Securities highlights its use of an STP and ECN style execution model. This suggests that orders are routed directly to liquidity providers rather than handled in-house, reducing the risk of conflicts of interest. Many traders value this transparency, though actual execution quality should always be tested in practice.

    Custom indicators and automated trading tools are fully supported on MT4 and MT5. You can download or code your own indicators and expert advisors. The community around these platforms is extensive, which means you can often find third-party tools to support your specific trading style.

    VPS hosting is typically recommended for algorithmic traders who want their systems to run continuously without interruption. While the broker references connectivity benefits such as Equinix NY4, you should confirm with support whether subsidised VPS services are offered. Many brokers partner with VPS providers to give clients reduced or free hosting when they trade a certain volume.

    Educational Tools and Research Resources

    Education and research are always worth examining. OX Securities provides the standard resources you would expect: articles that explain trading basics, guides on using MT4 and MT5, and updates about platform features. These are useful starting points for new traders but not a substitute for structured education.

    Market analysis is light compared to larger brokers with dedicated research desks. You may find occasional market commentary, but the broker does not position itself as a hub for in-depth analytics. Serious traders should supplement with external research providers, economic calendars, and independent news sources.

    Educational tools are a convenience rather than a core strength here. The broker’s real value lies in its execution model, platform range, and account flexibility. For education, you are better served by specialist resources, trading communities, or structured courses.

    OX Securities Dashboard
    OX Securities Dashboard

    Available Markets and Instruments

    Forex, CFDs, and Crypto Assets

    OX Securities provides access to a wide selection of asset classes, with forex as the central offering. Traders can access major, minor, and exotic currency pairs. The majors typically carry the tightest spreads and deepest liquidity, while exotics come with wider spreads but can appeal to those looking for more volatility.

    Beyond forex, the broker offers CFDs on indices, commodities, metals, and energies. Popular global indices such as the S&P 500, NASDAQ, and FTSE are available, along with commodities like gold, silver, and crude oil. Metals and energies are frequently traded by those looking for diversification away from currencies.

    Cryptocurrency CFDs are also listed among the available instruments. These allow traders to speculate on the price movements of popular digital assets such as Bitcoin and Ethereum without holding the underlying coins. Trading crypto CFDs offers flexibility but also comes with volatility and risk, so they should be handled with caution.

    Commission-Free vs. Spread-Based Trading

    OX Securities uses two main pricing models. The Standard account is spread-only. Traders pay no explicit commission but face spreads that start from 1.0 pip on major currency pairs. This model is simple and predictable, making it easy for new traders to calculate costs.

    The Pro account offers raw spreads from 0.0 pips but charges a commission of 7 dollars round trip per standard lot. For high-volume or professional traders, this model can reduce overall costs, especially for scalpers or algorithmic strategies where tighter spreads matter more than simple pricing.

    The choice comes down to your trading style. If you value simplicity and do not mind slightly wider spreads, the Standard account is fine. If you trade in higher volume and want to keep spreads razor-thin, the Pro account is more efficient.

    Instrument Diversity and Liquidity

    The broker promotes access to more than 10,000 financial instruments when including share CFDs via the IRESS platform. This figure is significantly higher than most CFD brokers and reflects the emphasis on equities for clients who want exposure beyond forex.

    Liquidity for forex pairs is generally robust, with execution routed through servers such as Equinix NY4, which reduces latency. Liquidity for share CFDs depends on the underlying exchange data and can vary. Traders using IRESS should be aware of possible exchange or data fees, which are common in equity CFD environments.

    The inclusion of forex, indices, commodities, metals, energies, cryptos, and a broad list of shares means that traders have access to a wide toolkit. This diversity allows you to hedge positions, trade correlations, and find opportunities in different markets without needing multiple brokers.

    Fees and Charges Breakdown

    Trading Fees and Spreads

    Trading costs at OX Securities depend on your choice of account. The Standard account charges no commission but uses a spread-based model starting from 1.0 pip on major forex pairs. This structure is straightforward and predictable, which is why many new traders choose it.

    The Pro account is designed for traders who care more about ultra-tight spreads. It offers raw spreads from 0.0 pips but adds a 7 dollar round-trip commission per standard lot. This approach tends to work best for scalpers, high-frequency strategies, or larger position sizes where spread savings quickly outweigh the commission.

    When it comes to CFDs on indices, commodities, and crypto, spreads vary with market conditions. During active sessions, spreads are typically tighter, while overnight or low-liquidity periods may see them widen. Always check live pricing inside the platform rather than relying solely on advertised minimums.

    Non-Trading Fees (Deposit, Withdrawal, Inactivity)

    Funding and withdrawal fees depend on your chosen method. OX Securities does not charge internal fees for deposits and withdrawals, but your bank or payment provider may apply their own charges. For example, international bank wires can carry intermediary bank fees even if the broker does not add a markup.

    The broker supports a range of payment methods including credit and debit cards, bank transfers, crypto transfers, and regional services like PayNow, Fasapay, and Dragonpay. Processing times vary: card and e-wallet funding is usually instant, while bank transfers can take one to three business days.

    At the time of review, there is no mention of inactivity fees. However, many CFD brokers update their fee policies over time, so it is best to review the client agreement and terms before opening an account.

    Are OX Securities Fees Competitive?

    For traders who value low spreads, the Pro account stands out as competitive. Raw spreads starting from 0.0 pip plus a 7 dollar commission per lot is in line with what many established ECN-style brokers charge. The Standard account’s 1.0 pip minimum is average but reasonable for those who prefer a commission-free setup.

    Non-trading fees are where many brokers quietly add costs, but OX Securities keeps them minimal. The absence of deposit or withdrawal charges on their side is a positive. The only real costs here come from third-party payment providers, which is normal in the industry.

    In short, OX Securities pricing is structured to be appealing both to casual traders who want simple spread-only accounts and to more advanced traders who benefit from raw pricing with commissions. As long as you are aware of potential banking fees and check live spreads rather than relying on marketing claims, the broker’s fees are competitive.

    Deposit and Withdrawal Experience

    Accepted Payment Methods

    OX Securities supports a wide range of funding options to suit global clients. You can deposit via credit and debit cards, bank transfers, and cryptocurrency transfers. The broker also accepts a variety of regional payment solutions such as PayNow, Fasapay, and Dragonpay. This flexibility makes it easier for traders in different parts of the world to fund their accounts without being restricted to just one or two global methods.

    For many traders, crypto deposits are particularly attractive because they allow for faster cross-border transfers without waiting on international banks. However, these come with their own risks such as network congestion or conversion fees from your crypto wallet provider.

    Processing Times and Transaction Limits

    Funding with cards or e-wallets is usually instant, while bank transfers can take one to three business days depending on the bank and your country. Crypto transfers generally take from a few minutes to an hour once confirmed on the blockchain.

    Withdrawals tend to take longer than deposits. E-wallets and crypto withdrawals are typically the fastest, often processed within 24 hours once approved by the broker. Bank withdrawals can take up to several days due to international clearing systems.

    The broker’s policy is that withdrawals must be sent back to the original funding source wherever possible. This is part of global anti-money laundering rules and can be inconvenient if you have closed a card account or changed banks. It is best to keep at least one active funding method consistent to avoid delays.

    Transaction limits depend on the payment method. Cards and e-wallets usually have lower limits per transaction compared to bank transfers. For large withdrawals, a bank transfer is typically required.

    Withdrawal Delays and Complaints

    As with many brokers in the CFD space, the most common complaints online about OX Securities relate to withdrawal processing. Some traders report smooth transactions, while others mention delays or additional document requests. This variation often comes down to compliance requirements. If your profile is flagged for further verification, you may need to provide extra documents such as updated proof of address or bank account statements.

    The key to reducing withdrawal friction is to keep your account fully verified from the start. Submit clear identification documents, make sure your funding method is in your own name, and keep copies of all deposit confirmations. Testing a small withdrawal early in your relationship with the broker is also a good way to gauge how efficient their process is before committing larger funds.

    Overall, OX Securities provides a broad set of funding options with reasonable processing times. Complaints about withdrawal delays are not unusual in the industry and typically relate to compliance checks rather than outright refusal. Traders who prepare documentation in advance and follow the funding rules are less likely to face extended delays.

    How OX Securities Compares to Top Brokers

    Choosing a broker is often about weighing trade-offs. To give you a clear picture, here is a side-by-side comparison of OX Securities against three of the largest and most widely trusted competitors in the industry: IC Markets, Pepperstone, and IG Group.

    Feature

    OX Securities

    IC Markets

    Pepperstone

    IG Group

    Regulation
    ASIC (wholesale only), Offshore (SVG)
    ASIC, CySEC, FSA-Seychelles
    ASIC, FCA, DFSA, BaFin, CMA
    FCA, ASIC, NFA, BaFin, MAS
    Account Types
    Standard (1.0 pip, no commission), Pro (0.0 pip + $7 RT), Swap Free
    Standard (spread only), Raw Spread (0.0 pip + $7 RT)
    Standard (spread only), Razor (0.0 pip + $7 RT)
    Spread betting, CFD accounts, DMA
    Platforms
    MT4, MT5, IRESS
    MT4, MT5, cTrader
    MT4, MT5, cTrader, TradingView
    Proprietary IG platform, MT4, ProRealTime
    Markets Offered
    Forex, indices, commodities, crypto, shares (via IRESS, 10,000+ instruments)
    Forex, indices, commodities, crypto, bonds, futures
    Forex, indices, commodities, crypto, shares
    Forex, indices, commodities, crypto, shares, bonds, ETFs, options, spread betting
    Leverage
    Up to 1:500 (offshore); ASIC wholesale clients only
    Up to 1:500 (global); 1:30 (ASIC/CySEC retail)
    Up to 1:500 (global); 1:30 (ASIC/FCA retail)
    Up to 1:200 (varies by jurisdiction)
    Minimum Deposit
    $0 advertised
    $200 typical
    $200 typical
    £250 typical
    Trading Costs
    Standard: 1.0 pip; Pro: 0.0 + $7 RT
    Raw Spread: 0.0 + $7 RT; Standard from 1.0 pip
    Razor: 0.0 + $7 RT; Standard from 1.0 pip
    Spreads from 0.6 pips on EUR/USD; commissions on DMA accounts
    Funding Options
    Card, bank, crypto, PayNow, Fasapay, Dragonpay
    Card, bank, PayPal, Skrill, Neteller, UnionPay
    Card, bank, PayPal, Skrill, Neteller, POLi
    Card, bank, PayPal
    Reputation (Trustpilot)
    4.4/5 (584 reviews)
    4.6/5 (25,000+ reviews)
    4.5/5 (15,000+ reviews)
    4.2/5 (8,000+ reviews)
    Best For
    Cost-conscious global traders who value high leverage and broad instruments via IRESS
    High-volume traders seeking raw pricing with global retail regulation
    Traders who want tight spreads plus wide platform choice
    Traders who want maximum regulation, asset variety, and institutional-grade research

    Key Takeaways

    • OX Securities stands out for its zero-dollar minimum deposit and the inclusion of IRESS with 10,000+ share CFDs. However, its offshore registration means retail protections are lighter compared to top-tier competitors.
    • IC Markets and Pepperstone both offer very similar pricing structures, broad platform choices, and are regulated across multiple tier-one jurisdictions, making them strong alternatives for retail traders who want safety with tight pricing.
    • IG Group is the most established of the group, offering the widest range of instruments including bonds, ETFs, and options, though its costs are not always as aggressive as the ECN-style brokers.

    In simple terms, OX Securities is highly competitive on spreads and account flexibility but trails the big players when it comes to regulatory depth and scale.

    OX Securities Customer Support and Help

    Contact OX Securities

    Email: service@oxsecurities.com

    Social Media Profiles

    • Instagram profile with 711 followers
    • YouTube channel with 583 subscribers and 30 videos

    Trust Pilot Reviews

    OX Securities has a received great customer feedback from its traders on Trust Pilot. With an overall score of 4.4 out of 5 from 583 reviews.

    Final Verdict: Should You Trust OX Securities?

    Is OX Securities Right for Your Trading Needs?

    OX Securities is best suited for experienced global traders who want competitive spreads, flexible account options, and access to a broad range of instruments. The ability to trade on MT4, MT5, and IRESS adds flexibility for both forex-focused traders and those who want exposure to share CFDs. The zero-dollar minimum deposit and leverage up to 1:500 (offshore) make it attractive for those starting small or running high-leverage strategies.

    However, traders must recognise the regulatory trade-off. Retail clients are generally onboarded through the offshore entity in St Vincent and the Grenadines, which does not provide the same investor protections as top-tier regulators such as the FCA or ASIC retail. While the Australian entity is licensed under ASIC, it explicitly serves wholesale clients only. This means most retail traders will not benefit from the stronger protections available in Australia.

    In short, if your priority is tight pricing and global access, OX Securities is competitive. If your top concern is regulatory safety and compensation schemes, one of the tier-one regulated competitors like Pepperstone, IC Markets, or IG Group is a safer fit.

    Alternatives to Consider Before You Sign Up

    • IC Markets: Ideal for high-volume traders looking for raw spreads under strong regulation.
    • Pepperstone: Great for traders who want a balance of low costs, multiple platforms (including TradingView), and strong global regulation.
    • IG Group: Best for traders who value maximum regulatory protection, deep research tools, and a wider range of instruments such as ETFs and options.

    Our Final Recommendation

    OX Securities delivers value on spreads, platforms, and account flexibility, but traders should go in with their eyes open about the offshore regulatory structure. For confident and experienced traders who understand these trade-offs, OX Securities can be a practical option. For those who want stronger safety nets, a competitor with top-tier retail regulation is likely a better choice.

    Verdict: Worth considering for cost-conscious and experienced traders, but not the best option for those who prioritise regulatory protection above all else.

    FAQ's

    Is OX Securities legit?

    Yes, OX Securities is a legitimate broker, but the level of regulation depends on where your account is opened. The Australian company holds an ASIC licence but only services wholesale clients. Most retail traders are onboarded through the offshore entity in St Vincent and the Grenadines, which is registered but not as strictly regulated as tier-one brokers. This setup is common in the CFD industry but requires traders to understand the differences in protections.

    What platforms can I use with OX Securities?

    OX Securities offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and IRESS. MT4 and MT5 are excellent for forex and CFDs, with MT5 offering more advanced features. IRESS is tailored for share CFD trading, with access to over 10,000 instruments. Mobile versions of MT4 and MT5 are available on iOS and Android.

    What is the minimum deposit at OX Securities?

    The advertised minimum deposit is 0 dollars, meaning you can start with any amount. However, most traders deposit at least 200 to 500 dollars to comfortably meet margin requirements. While the broker does not impose a funding minimum, the amount you start with should reflect your trading strategy and risk management plan.

    How does OX Securities handle withdrawals?

    Withdrawals are processed back to the original funding source whenever possible, in line with anti-money laundering rules. Processing times vary by method: e-wallets and crypto are often cleared within 24 hours, while bank transfers may take several days. Some traders report delays due to extra verification requests, so keeping your documents up to date helps avoid issues.

    Does OX Securities offer negative balance protection?

    This depends on the entity where your account is held. Top-tier regulators like ASIC (for retail) or FCA require negative balance protection, but the offshore entity is not bound by the same rules. OX Securities may offer it as a policy, but you should check the client agreement carefully to confirm whether it applies to your account.

    Who is OX Securities best suited for?

    OX Securities is best for experienced traders who value competitive spreads, a zero-dollar minimum deposit, and access to both forex and shares via MT4, MT5, and IRESS. It is not the best choice for beginners who want maximum investor protection under strict retail regulators. Traders who prioritise safety above pricing may prefer alternatives like Pepperstone, IC Markets, or IG Group.

    About the Author

    Ronan Edwards Author Pic
    Social Media & Content Manager

    I’m Ronan Edwards, a funded futures trader and content creator with over 7 years of experience across cryptocurrency and financial markets. My journey began in the 2017-2018 crypto boom, where I laid the foundation for my trading approach, later expanding into forex, gold, and meme coins.

    OX Securities