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OXmarkets Broker Review 2020

FairBinaryOptions Broker Certificate
  • Min. Deposit $250
  • Max. Payout 90%
  • Min. Investment $5
  • Mobile No
  • Software SpotOption
  • Live Chat Yes

OXmarkets is a new broker on the market that is still looking to establish himself in the binary industry. Traders will be pleased to know that this broker is CySEC regulated and provides a great range of assets in options types for binary trading.

OXmarkets review will help traders learn more about this binary broker.

  1. Website Preview

  1. OXmarkets Account Features

    As a new broker, OXmarkets quickly recognized that every trader has its special needs and wishes, and in order to fulfill them, they created a number of trading accounts. Minimum deposit with this broker is $250, which can be considered the industry average. The website only states info about the Gold account, and customer service can give traders all additional info regarding the accounts. In OXmarkets review, customer support provided us with the information that details about accounts are given by account representatives. Yet, it would be much better if they listed all accounts and their features directly on the website. $ types of accounts with minimum deposits are:

    Micro account

    • $250 minimum deposit

    Silver account

    • $1000 minimum deposit

    Gold account

    •  $2500 minimum deposit

    VIP account

    • $10,000 minimum deposit

    Disclaimer – This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses

  2. OXmarkets Trading Software

    This broker is using SpotOption platform that enables easy and pleasant trading. SpotOption is very popular among brokers and traders alike. During writing of OXmarkets review, mobile app or mobile trading was never mentioned, but it would be a great addition to the desktop platform, as people are more and more dependable on their smartphones and tablets.

    OXmarkets website is accompanied by good design, but, unfortunately, the fact that it doesn’t provide enough data can be seen as concerning. Maybe in future, they will improve their content, and also add account types and all necessary data.

    Binary options that are offered on OXmarkets platform are high/low, 60seconds, one touch, ladders, long-term and pair. Expiry times that can be used are 60 sec, 10 min, 15 min, 1 hr and 7 days. Assets offered are 12 currency pairs, 19 indices, 19 stocks and 7 commodities.

    Your capital might be at risk
  3. OXmarkets Support Information

    OXmarkets is very proud of their customer service. During OXmarkets review, FBO team contacted the customer support that proved to be friendly, although the data provided was limited. They can be reached via phone call (Germany, the UK, Italy, Cyprus, Spain), e-mail, live chat and online form. The operators speak English fluently, which makes communication even better.

    The website is available in a number of languages like English, Hungarian, German, Italian, Polish, Spanish and Vietnamese.

    Traders who want to learn more will be happy to know that this broker provides many learning materials in the form of videos or literature. Videos can be watched in all listed languages which make them great for non-English speakers. There is also expert market analysis that can be used 24/5, signals etc.

    Support Information
  4. OXmarkets Company Information

    The company behind OXmarkets is OX Capital Markets Ltd, based in Cyprus. The broker is regulated under number 274/15 by CySEC.

    Traders are becoming more and more demanding when it comes to banking methods and security of their funds. Oxmarkets review states how they offer depositing and withdrawing via credit cards and bank wire. Traders should hope they’ll see e-wallets soon, as it would be amazing addition.

    Oxmarkets doesn’t mention any fees for depositing and withdrawing, even though, banks may have some fees that apply. Traders should get informed about that with their bank manager.

  5. Your capital might be at risk

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