OxMarkets Review 2020

OxMarkets Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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OxMarkets Guide - Read our In Depth OxMarkets Review

This OxMarkets review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, .

What is OxMarkets?

OxMarkets are an a global online financial trading platform and multi asset broker founded in 2008

Over 12 years later OxMarkets has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, and trading.

OxMarkets are a global broker and have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this OxMarkets review and assess how well the OxMarkets platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like OxMarkets can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of OxMarkets we breakdown the pros and cons. What OxMarkets are able to offer, what countries OxMarkets are available in. Who OxMarkets are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this OxMarkets review useful.

This review of the OxMarkets platform is very detailed. If you are interested in trading with OxMarkets in any capacity please take the time to read and research the whole OxMarkets review.

We have tried to explain the ins and outs of financial trading through the OxMarkets platform as plainly as possible so that you the trader are as informed as possible before you start to use the OxMarkets trading tools and depositing and withdrawing funds from OxMarkets.

Benefits of trading with OxMarkets

Open OxMarkets's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with OxMarkets like Forex trading, CFD trading, Spread Betting trading, and trading. you should have confidence in OxMarkets and know that the management of your financial investments on the OxMarkets platform is in good hands.

At the bottom of this OxMarkets review you can also learn about some pretty good alternatives to OxMarkets

With this OxMarkets review we hope to help you see if OxMarkets is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding OxMarkets that will help you get off to a good start in the world of online trading.

OxMarkets Review Table of Contents

OxMarkets review
OxMarkets is a Multi-Assets Trading Platform with over 186+ Assets

Learn more about OxMarkets. OxMarkets is a multi asset platform with 186+ tradable Assets. Assets available on OxMarkets include Forex trading, CFD trading, Spread Betting, .

OxMarkets trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, are considered financial assets.

OxMarkets review
Features of OxMarkets

OxMarkets review
What you should know

OxMarkets offer four ways to trade: Forex trading, CFD trading, Spread Betting, .

With OxMarkets you will need a minimum deposit of $250. You can sign up for a demo account to acquaint yourself with OxMarkets platform.

OxMarkets are able to accommodate various levels of traders whether you are experienced or a beginner.

OxMarkets review
Are OxMarkets safe?

When choosing a broker like OxMarkets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years OxMarkets have a head office in Cyprus.

OxMarkets is regulated. This means OxMarkets are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to OxMarkets, this will be honored. If OxMarkets violate any regulatory rules their regulated status could be stripped.

OxMarkets review
Is my money safe with OxMarkets?

Any payments funded to OxMarkets accounts by traders are held in a segregated bank account.

For added security OxMarkets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should OxMarkets use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in OxMarkets deposited in a Tier 1 bank?

Having any money you deposit with OxMarkets means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if OxMarkets goes out of business for some reason.

Therefore, we can safely conclude that OxMarkets is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. OxMarkets also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding OxMarkets. let us look at the OxMarkets features in more detail.

Try creating two accounts when you are working with OxMarkets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit OxMarkets

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How OxMarkets as a Company Compare Against Other Brokers

Broker oxmarkets eToro IC Markets XTB
Year Established 2008 2006 2007 2002
Head Office Cyprus Cyprus, UK Australia Poland
Regulation Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ OxMarkets users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit OxMarkets Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

OxMarkets review
OxMarkets Pros and Cons

What we like about OxMarkets

  • Used by over 10,000 OxMarkets users and traders
  • Established in 2008
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $250

What we don't like about OxMarkets

OxMarkets review
OxMarkets Regulation and Licensing in more detail

We have checked and OxMarkets is regulated and supervised by reputable organisations. You are able to check every OxMarkets supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with OxMarkets. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect OxMarkets traders and provide a safe trading environment.

OxMarkets is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as OxMarkets you should be sure they're legitimate online agent.

OxMarkets review
Is OxMarkets Global?

Yes, OxMarkets is global as OxMarkets is available in over 194 countries.

OxMarkets is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries OxMarkets covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. OxMarkets has a total of more than 10,000 users.

OxMarkets review
OxMarkets Fees Explained

  • OxMarkets withdrawal fees varies on payment method
  • OxMarkets does charge a fee for inactive accounts.
  • OxMarkets does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How OxMarkets Fees Compare Against Other Brokers

Broker oxmarkets eToro IC Markets XTB
Min Deposit 250 200 200 0
Withdrawal Fees 420 Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

OxMarkets review
OxMarkets Minimum Deposit

OxMarkets require a minimum desposit of 250 GBP/USD when opening an OxMarkets trading account.

A minimum deposit is the minimum amount of money required by OxMarkets to open a new online brokerage account with them.

Dont be scared off by brokers like OxMarkets charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

OxMarkets review
OxMarkets Withdrawal Fees

OxMarkets withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

OxMarkets for example allow you to withdraw your funds to Credit cards, Skrill, Neteller.

OxMarkets review
OxMarkets Inactivity Fees

OxMarkets does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

OxMarkets review
OxMarkets Desposit Fees

OxMarkets does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

OxMarkets review
OxMarkets Commission Fees

OxMarkets does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

OxMarkets review
What can you trade with OxMarkets?

Be aware that Different entities under OxMarkets Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with OxMarkets over 186 instruments infact.

If you are looking at trading currency pairs OxMarkets offer over currency pairs.

Compare OxMarkets with eToro and IC Markets below.

Your capital is at risk

How OxMarkets Trading Options Compare Against Other Brokers

Broker oxmarkets eToro IC Markets XTB
Instruments Available 186 2000 232 4000
Platforms iPhone,iOS,Mac,iPad,Android,WEB Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit OxMarkets
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

OxMarkets review
Trading on OxMarkets web platforms and other applications

OxMarkets offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An OxMarkets IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

OxMarkets also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See OxMarkets's platforms

OxMarkets review
Is the OxMarkets Trading Platform Secure?

OxMarkets safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. OxMarkets also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating OxMarkets.

OxMarkets review
OxMarkets Trading Platform Options

OxMarkets does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

OxMarkets offer an their own custom trading platform developed and tested in house. The OxMarkets trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The OxMarkets platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With OxMarkets you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the OxMarkets platform including news and quotes. Discover possible trades with the strong charting tools found with OxMarkets. OxMarkets is available as downloadable applications or online through the cloud. Monitor your orders with OxMarkets and receive breaking news in your positions.

OxMarkets Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

OxMarkets Trading Accounts Offered :

  • Mini account
  • Standard account
  • ECN account
  • STP account

Can I try OxMarkets before I buy?

OxMarkets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

OxMarkets withdrawal and funding methods.

Please note that the list of OxMarkets payment methods below depend on the OxMarkets Entity and the Clients Country of Residence.

OxMarkets offer the below funding payment methods. learn more about OxMarkets

OxMarkets Payment Methods

  • OxMarkets accepts Credit cards
  • OxMarkets accepts Skrill
  • OxMarkets accepts Neteller
Broker oxmarkets eToro IC Markets XTB
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with OxMarkets?

When opening a trading account with OxMarkets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on OxMarkets trading platforms here.

Your capital is at risk

Performing trades with OxMarkets

OxMarkets allow you to execute a minimum of trade of $ 5. This may vary depending on the account you open. OxMarkets allow you to execute a maxium trade of varies. As OxMarkets offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

OxMarkets Leverage and OxMarkets CFDs Explained

let's take a look at some of the basics of using OxMarkets leverage.

OxMarkets offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

OxMarkets leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the OxMarkets trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The OxMarkets leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

OxMarkets CFDs are typically used for short to medium term trades. For example OxMarkets intraday trading.

Education resources at OxMarkets

To trade effectively with OxMarkets, it's important to get a have a good understanding of the OxMarkets trading tools and the markets.

OxMarkets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with OxMarkets.

Take time to look around the OxMarkets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at OxMarkets

OxMarkets support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

OxMarkets have a D grade support rating because because sometimes the response was slow or our query wasnt answered. OxMarkets less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at OxMarkets

We tested the OxMarkets live chat and it works well. We sent messages to OxMarkets livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with OxMarkets support in multiple languages in multiple countries. OxMarkets where able to resolve our customer issues.

Email Support at OxMarkets

We sent several emails to OxMarkets and answer times overall were excellent. The fastest response from OxMarkets was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with OxMarkets, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from OxMarkets.

Phone Support at OxMarkets

We called OxMarkets and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The OxMarkets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual OxMarkets team by calling in varying languages. OxMarkets made an effort to make sure our queries were answered.

Overall the phone support from OxMarkets was okay.

See how OxMarkets Support Compares Against Other Brokers

Broker oxmarkets eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit OxMarkets Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with OxMarkets

As OxMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under OxMarkets Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore OxMarkets's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with OxMarkets you can visit the OxMarkets trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.oxmarkets.com/ on November 27, 2020.

OxMarkets review
Is OxMarkets A Good Broker?

We spent over 3 months examining OxMarkets in depth. Although we found some very useful aspects of the OxMarkets platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative OxMarkets broker.

  • OxMarkets have a good track record of offering Forex trading, CFD trading, Spread Betting, .
  • OxMarkets has a history of over 12 years.
  • OxMarkets has a reasonable sized customer support of at least 10.
  • OxMarkets are regulated by Cyprus Securities and Exchange Commission (CySEC). This means OxMarkets fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • OxMarkets have regulation from a Tier 1 reputable country.
  • OxMarkets has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • OxMarkets have an international presence in multiple countries. This includes local OxMarkets seminars and training.
  • OxMarkets are able to hire people from various locations in the world who can better communicate in your local language.

OxMarkets Risk Disclaimer

Your capital is at risk

OxMarkets review
OxMarkets not quite right?

If after reading this OxMarkets review, OxMarkets does not fulfill your needs check out these OxMarkets Alternatives.

Click here to view the best OxMarkets Alternatives

We have spent years researching the best alternatives to OxMarkets. Click the links below to learn more.

If you feel some of the above OxMarkets are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of OxMarkets alternatives below.

OxMarkets review
Related OxMarkets Vs Comparisons

We have covered allot in this OxMarkets review, If you want to see how OxMarkets compares side by side with other brokers check out our OxMarkets Vs pages.

If you would like to see how OxMarkets stands up against other brokers you can read some of our OxMarkets comparisons below. We compare side by side some of our top rated OxMarkets versus comparisons. Read our indepth OxMarkets VS pages below.

OxMarkets review
OXMARKETS Frequently Asked Questions

Can I try OxMarkets before I buy?

OxMarkets do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do OxMarkets accept?

Please note that the list of payment methods below depend on the OxMarkets Entity and the Clients Country of Residence.

OxMarkets offer the following funding payment methods Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is OxMarkets safe?

OxMarkets are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to OxMarkets accounts by traders are held in a segregated bank account. For added security OxMarkets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is OxMarkets trading good?

OxMarkets is considered good and reputable to trade with OxMarkets. OxMarkets is used by over 10000 active traders and OxMarkets users. OxMarkets offers Forex trading, CFD trading, Spread Betting trading, and trading. Minimum deposit with OxMarkets is 250.

Is OxMarkets trading Legit?

OxMarkets was founded in Cyprus in 2008. OxMarkets has been facilitating trade on the financial markets for over 12 years. OxMarkets offers clients Forex trading, CFD trading, Spread Betting trading, and trading. All funds deposited to OxMarkets are held in segregated tier 1 bank accounts for security. OxMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is OxMarkets a good broker?

OxMarkets is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. OxMarkets allows Forex trading, CFD trading, Spread Betting trading, and trading.

Is OxMarkets trustworthy broker?

OxMarkets can be considered trustworthy. All money funded to OxMarkets is placed into a segregated tier 1 bank account. this means your money in not held by OxMarkets directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also OxMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for OxMarkets?

The minimum deposit to trade with OxMarkets is 250.

How long do OxMarkets withdrawals take?

Withdrawing money from OxMarkets processing time varies but averages 2-5 days.

Is OxMarkets regulated?

OxMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC).

Is OxMarkets a market maker?

OxMarkets is a market maker. Stocks, currency and other commodities and instruments will be purchased by OxMarkets even if no buyer is lined up.

How can I start trading with OxMarkets?

When opening a trading account with OxMarkets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on OxMarkets trading platforms here.

Is my money safe with OxMarkets?

OxMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like OxMarkets is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to OxMarkets, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is OxMarkets a con?

OxMarkets is regulated and well established having been in business for over 12 years. OxMarkets is definitely not a con.

Can you make money with OxMarkets?

Although traders have had great success with OxMarkets. Trading on the financial markets with OxMarkets is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does OxMarkets have fees?

OxMarkets withdrawal fees varies on payment method. OxMarkets does charge a fee for inactive accounts. OxMarkets does charge deposit fees.

When was OxMarkets founded?

OxMarkets was founded in 2008.

How many people use OxMarkets?

OxMarkets is used by over 10000 registered OxMarkets users.

What is OxMarkets Headquarters country?

OxMarkets has its head quarters office in Cyprus.

Does OxMarkets offer negative balance protection?

OxMarkets does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does OxMarkets offer guaranteed stop loss?

OxMarkets does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does OxMarkets allow scalping?

OxMarkets offers scalping.

Does OxMarkets allow hedging?

OxMarkets does not offer hedging.

Does OxMarkets offer CFD trading?

OxMarkets offers CFD trading.

Does OxMarkets offer STP?

OxMarkets offers STP trading.

How many people use OxMarkets?

OxMarkets is used by over 10000 OxMarkets users and traders.

Is OxMarkets an ECN broker?

OxMarkets offers ECN trading.

Does OxMarkets offer a demo account?

OxMarkets does not offer demo account.

Does OxMarkets offer an Islamic account?

OxMarkets does not offer Islamic accounts.

What are the funding methods for OxMarkets?

OxMarkets accept the following funding methods : Credit cards, Skrill, Neteller.

OxMarkets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the OxMarkets brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

OxMarkets review written by Mark Hansen of Comparebrokers.co