OX Markets Broker Review ¦Safe Binary Options Trading South Africa

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OX Markets Broker Review

This broker is closed.

OX Markets is a new brokerage company introduced to interested traders in South Africa. Their ultimate goal is to provide superb trading conditions for profitable binary options trading journey.

This broker is operated by OX Capital Markets Ltd.

Below in OX Markets broker review, we will provide detailed information about how to trade on this platform and what are available trading instruments which can be used by South African traders once they register with OX Markets.

OX Markets General Information

Our OX Markets broker review showed how required minimum deposit is $250, while returns go up to 90% that seems as an attractive amount for interested traders. Minimum investment is just $5. It is possible to deposit in USD, EUR and GBP.

Also we discovered in OX Markets broker review how this broker offers bonuses as incentives to join this platform. Required bonus turnover is 30x.

Bonus is not obligatory and to be able to withdraw it, turnover is necessary. However, bonus must be used in period of 60 days. For more details regarding bonuses, we recommend South African traders to check bonus policy in Terms & Conditions.

OX Markets Trading Platform

While doing this OX Markets broker review, we learnt how they use SpotOption as preferred software, one of the best in binary industry. This platform has implemented innovative features and user-friendly interface to provide traders with overall positive experience when trading binary options.

In OX Markets broker review we noticed how available trade options are: 60 Seconds, One Touch, Ladder, Pairs and Long Term. included times of expiry range from 60 s, 10 min, 15 min, 1 hr up to 7 days.

This broker offers on its platform a wide selection of underlying assets, such as a stocks, commodities, currencies and indices. To be exact, more than 200 assets all together. Under Assets tab, South Africans are able to find a complete list of available assets.

OX Markets Trading Features

During OX Markets broker review, we learned how this broker tries to ensure traders a wide range of useful and yet simple features for better trading results.

For example, they offer mobile app for busy traders who are always on the go.

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  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
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  • Binomo
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    Honest broker!

This mobile app is connected with both Android and Apple devices and can be downloaded from Google Play and App Store. App can be used on tablets and smartphones as well. Their mobile app is simple to use and has same options just as regular web-based platform.

Practicing on demo account is also one of main reasons why many traders choose a specific broker. We are glad to inform our readers how OX Markets broker offers demo to their registered traders.

Under Account Types tab, South African traders can find detail information about this demo and what amount is available for traders to train. Demo are often used by inexperienced traders who can practice and test the platform in order to gain more trading knowledge. Depending on a specific account type, demo is available, according to period of time and amount of virtual money on disposal.

As part of their regular promotion, OX Markets broker offers unlimited risk free trades. To get them, traders need to create an account, deposit at least $250 and claim 2 risk free trades.

This platform is available on more languages, such as English, German, Italian, Russian and Vietnamese. Therefore, not just South African traders are able to navigate over this platform on well-known language.

OX Markets Account Types

What we discovered in OX Markets broker review is that this broker prepared 4 different account types to registered traders to choose from. Each trading account differs from another by deposit amount and other trading characteristics.

OX Markets Micro Account

  • Deposit $250 – $2499
  • Free demo account for 7 days; virtual money $10 000 – $50 000
  • Up to 25% bonus
  • Introduction education materials + ebook

OX Markets Bronze Account

  • Deposit $2500 – $4999
  • Unlimited free demo account; virtual money $50 000
  • Up to 50% bonus
  • Introduction education lessons
  • Up to 10 signals per day
  • Personal account manager
  • Entry to promotions up to 50%

OX Markets Silver Account

  • Deposit $5000 – $9999
  • Unlimited free demo account; virtual money $50 000
  • Up to 100% bonus
  • 7 step trading education lessons + webinars
  • Up to 25 signals per day
  • Personal account manager
  • Entry to promotions up to 50%
  • Market analysis

OX Markets Gold Account

  • Deposit $5000 – $9999
  • Unlimited free demo account; virtual money $50 000
  • Up to 100% bonus
  • 7 step trading education lessons + webinars
  • Up to 70 signals per day
  • Personal account manager
  • Entry to promotions up to 50%
  • Market analysis
  • Payout up to 85%

OX Markets Customer Support

We have to note how for this OX Markets broker review, we were pleasantly surprised how they have really good customer support service. It is possible to reach this broker via email on [email protected] , live chat, web form and phone (Cyprus, Spain, Germany, UK and Italy).

For web form, traders in South Africa should enter their first and last name, email address, subject and message. We find chat to be very useful since it is possible to get instant answer on needed question regarding how to trade binary options.

Our OX Markets broker review revealed how platform is available on English, Italian, German, Russian and Vietnamese.

Under Knowledge Center tab, South Africans can find helpful materials for easier trading process. They include explanation of binary options, glossary, Meet the experts option, upcoming webinars and market analysis.

OX Markets Banking Info

As mentioned above in OX Markets broker review, our readers in South Africa should know how this broker is regulated.

Under Legal tab, traders can find detailed information allocated in several categories and policies, such as Privacy Policy, Terms & Conditions, Client Categorisation, Complaint Policy, Personal Data, KYC (Know Your Client) Policy and many more.

This is one of important segments where traders can see if a broker is serious and does he provides transparency on its platform.

This OX Markets broker review showed how there are plenty of ways how to deposit funds on this trading platform, such as:

  • Debit and credit cards: Maestro, Visa, Visa Electron, Switch, Delta, Mastercard and Solo
  • Wire transfer

Seems there is no option for payments via e-wallets, so so far it is possible to use only cards and bank wire to transfer money.

To be able to withdraw funds, traders in South Africa first need to submit a withdrawal form and send it to [email protected] .

According to our OX Markets broker review, it usually takes up to 3 days for broker to process the request and additional up to 5 business days for funds to be on traders’ account. Also, there is no mentioning of any fees in terms of withdrawing funds from trading account.

OX Markets Broker Review 2020

*This broker is closed. Try trading with IQ Option instead.

It is our intent to showcase key aspects of OX Markets, which is another new addition to binary options trading markets.

OX Markets is a regulated broker, which has plenty to offer to South Africans who want to try their hand at binary options trading.

Naturally, the most basic information is usually the one that first draws the interest of traders so we will cover that first and then proceed to inspect their trading platform and features, as well as account types, customer support and banking information.

Ox Markets have a minimum deposit of $250, with the possibility of maximum returns going up to 88%. For this broker, the minimum amount needed for a single trade is $5 and traders can use USD, EUR and GBP as deposit currencies.

Traders can make use of a 100% welcome bonus, which is another thing we found out in our OX Markets broker review. Traders should read the Welcome Bonus Agreement so that they are fully informed about the terms and conditions pertaining to the bonus. With OX Markets, traders have to make a 30x turnover in order to withdraw the bonus and they also have to request the welcome bonus the same day they make a deposit or, at the latest, the day after making a deposit.

All additional info on bonus is given in OX Market terms & conditions.

OX Markets Trading Platform and Features

Our OX Markets broker review discovered they use SpotOption software on their trading platform, which is used by many brokers in the binary options industry.

The platform itself has a very modern feel to it, it is visually appealing which is combined with finely-tuned structure and organization. Because of this setting, traders find the platform easy to navigate and execute trades.

Further inspection of their platform for our OX Markets broker review showed they offer several different trading options to their registered traders:

Along with this fine selection of trading options OX Markets also offer a lengthy list of expiry times: 30 min, 1h, 2h, 4h, 8h, 12h, 2 days up to 7 days.

Over 200 tradable underlying assets are available with this broker; the assets are sorted into four distinct categories of stocks, currencies, commodities and indices. In order to view a detailed and complete list of assets, South African traders are instructed to inspect Assets Tab on the broker’s site.

Trading tools and features which traders can benefit from with this broker include the very useful and convenient mobile trading app as well as a demo account.

South Africans who are frequently on the go without too much time which can be spared sitting behind the computer will find a mobile trading app as a very handy tool which will enable uninterrupted binary options which is not dependent on any given location.

In researching this broker for our OX Markets broker review, we are able to confirm that users of both Android and iPhone devices can use this mobile app for trading. Tablets are also an option. Same trading options are available on the mobile app as on the regular platform.

Numerous traders around the world find demo account to be a very useful trading feature which can later lead to successful binary options trading.

Practicing on demo account with virtual funds can serve as a great introduction to trading on the real account as it provides traders experience and knowledge but, additionally, the opportunity to try out different trading options and employ various strategies.

OX Markets offer demo account to traders who are registered with them and have a real account. Demo account is available for a limited amount of time with this broker.

Regular promotions are another benefit for those South African traders which select OX Markets as their broker since, as part of the promotion, they offer risk free trades. Traders have create an account and make the minimum deposit of $250 in order to make use of risk free trades.

OX Markets platform is available in English, Russian, German, Italian and Vietnamese.

Ox Markets Broker Review

Hi traders. This binary options broker is one that is now truly fulfilling its potential, having established itself in the market in 2020. Here, we turn the spotlight on Ox Markets, a binary broker whose platform is fully dedicated to the binary options field. Read on to discover everything you need to know about Ox Markets binary broker, along with information that should give you enough insight to determine whether or not to join their binary trading environment.

Review Overview

Bonus – 81%
Software – 100%
Customer Support – 93%
Options choice – 46%
Regulation – 54%

Ox Markets – what binary options does this broker provide to its audience?

The most important question every trader would ask, when heading to a completely new binary broker to gain some more experience is about the availability of the most popular binary options. Hopefully, Ox Markets is a broker that offers a big variety of binary options. Here they are:

  • Ladder binary options
  • Call and put binary options
  • Pairs binary options
  • Short term binary options – including 60-seconds binary options
  • Long-term binary options

Users of the Ox Markets broker system can trade in a variety of different trading assets – including foreign currency pairs, stocks, indices and commodities.

Ox Markets – history and regulation

Safety features are not a concern when it comes to Ox Markets. This binary broker has been fully supported by the EU and its national regulator. The broker was established in Cyprus, which means that its main regulation agency is CySEC. It can help you in case of a fraud, as well as having both your money and your personal data stored in a safe place. It is also important to know that besides the comparatively short lifespan that this trading platform has – it debuted back in 2020 – the broker is widely known to be is 100% reputable and reliable. Its main operator, Ox Capital Markets Ltd, is a large investment company with good potential to become a leader in financial trading services in Cyprus.

Ox Markets – trading platform information

Ox Markets uses Spot Option which is also the platform that powers 24Option. There is no download required so you can make it as your personal web extension on your favorite browser. Also, if you are a fan of mobile trading, you can benefit from the mobile version of the website. Furthermore, there are also free of charge apps that can be downloaded for an alternative mobile experience.

Ox Markets – additional trading information

Please note that Ox Markets offers an 88% payout ratio. In addition to this, the broker offers a whole new level of learning in binary trading field. You can test the brilliant learning center – with tutorials, tips for beginners, eBooks, as well as videos for getting some good sense of how different binary trading strategies work. The available currencies you can use to manage your account are the standard: USD, GBP, EUR and JPY. Choose what suits and get some extra outcome from binary trading. Last, but not least, know that Ox Markets is available for traders from the entire world except for the following countries – US, Japan, Iran, Israel, Cyprus, Belgium, Turkey and France.

Ox Markets – payment methods

Payment methods are suitable for both – withdrawals and deposits. The minimum deposit requirement here is $ 250 and there are no limits about the maximum amount a trader could deposit in his official account. And these are the only payment methods you can use on Ox Markets:

  • Bank wire transfer
  • Different debit and credit types

Ox Markets – special bonuses and promotions

There are quite interesting special offers at Ox Markets website. It’s well worth taking advantage these:

  • Demo account is suitable for beginners in the field, and who need more experience in binary trading. You do not lose or win anything with it, but you can practice binaries and test the system for free and for a special trial, when you officially register on the page.
  • 100% first deposit bonus – double your firstly made deposit and have more money to make binary trades with.
  • Risk-free trading bonus allows you to minimize the risk with your first two trades. They should be $ 25 each and you must make a first deposit before checking out how this bonus type works.

Ox Markets Customer support services

Ox Markets customer support center allows you to make a call, get an instant response via their web chat system, as well as to send an e-mail in case of a question or a problem you have on the website. There are many foreign languages that are offered at Ox Markets: English, Japanese, Russian, German, Spanish, Turkish and many others. Last, but not least, the Ox Markets customer support center is available for you 24/7.

There are many reasons why you should try Ox Markets – it is new and fresh, trustworthy and really intriguing with its awesome system of bonuses and really reputable trading platforms. Alongside the learning center and the mobile options, this website is a potential new binary broker you can learn to love. We’re always interested in trader feedback, so drop us a line to let us know what you think of Ox Markets.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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