OX Securities

Rating: 4 / 5

OX Securities presents itself as a jack-of-all-trades in the brokerage world, and for the most part, it succeeds. With an impressive arsenal of platforms, including the popular MT4, MT5, systems, and the institutional-grade IRESS, it caters to both novice and professional traders. The Pro account's razor-thin spreads are genuinely competitive, and the $0 minimum deposit makes it one of the most accessible brokers on the market.

OX Securities Website Screenshot

Broker Details

Headquarters
Australia
Established
2013
Min Deposit
$0
Execution
ECN/STP
Regulators
ASIC, FSA

Trading Conditions

Retail Loss Rate
Not disclosed
Min Raw Spreads
0
Min Standard Spreads
1
Min Forex Commission
3.5 per lot half turn
Trading Hours
Currency PairsSunday 22:05 - Friday 21:55
Cryptocurrencies24/7 - 24/7
CommoditiesSunday 22:05 - Friday 21:55
Crude OilSunday 22:05 - Friday 21:55
GoldSunday 22:05 - Friday 21:55
MetalsSunday 22:05 - Friday 21:55
Stocksvaries by eschnage - Friday 16:00

Accounts & Funding

Funding Methods
4
Deposit Options
Credit CardsWire TransferDebit CardsNetellerSkrillCrypto Currency
Deposit Fees
No
Withdrawal Options
Credit CardsWire TransferDebit CardsNetellerSkrillCrypto Currency
Withdrawal Fee
No

Trading Costs & Spreads

EUR/USD
1.0 pips (Standard), 0.1 pips + $7/lot round turn (Pro)
GBP/USD
1.2 pips (Standard), 0.2 pips + $7/lot round turn (Pro)
Gold
Varies by market conditions
Bitcoin
Varies by market conditions
WTI Crude
Varies by market conditions
Inactivity Fee
No

Platform & Features

Trading Platforms
MetaTrader 4, MetaTrader 5, IRESS

Pros

  • Extremely competitive spreads on Pro account (from 0.0 pips)
  • Excellent platform choice (MT4, MT5, IRESS)
  • Regulated by top-tier ASIC (for Australian clients)

Cons

  • Negative balance protection is not clearly guaranteed
  • Offshore FSA regulation for most international clients

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