OX Markets.com – Cash NOT Bonus Review
OXMarkets is CySec Regulated binary options trading broker, that understands the trading concerns of taking a bonus. They are the first Binary Options Broker to offer a real Cash deal over a bonus deal.
Official broker website OXMARKETS.COM
|CHECK LIST||DESCRIPTION||SHERIFF RATING|
|WITHDRAWALS||UP TO 3 DAYS|
|DEPOSITS AND WITHDRAWALS||Major credit/debit cards (Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, and Solo) Wire Transfer. Skrill, NeTeller and CashU|
|PAY OUTS||As high as 80% depending on Asset.|
|DEMO ACCOUNT||YES after deposit|
|ACCOUNT TYPES||Bronze Account. Silver Account. Gold Account|
|MINIMUM TRADING AMOUNT||$25|
|MAX INVESTMENT PER TRADE||$250-$1500 depending on account type|
|BONUS||CASH DEAL – SEE FULL DETAILS BELOW|
|ASSETS TRADED||Currency Pairs, Indices, Commodities|
|TRADING OPTIONS||HIGH/LOW, TOUCH/NO TOUCH, BOUNDARY OPTION AND SHORT TERM OPTION|
|CURRENCY DEPOSITS||US DOLLARS, EUR STERLING|
|ACCEPTS US TRADERS||NO|
|CELLPHONE AND TABLET||COMPATIBLE 100%|
|TRADING TOOLS||Educational Resources, Trading School, Webinars, one-on-one trading|
OXMarkets is operated by OX Capital Markets Ltd which is an investment firm based in Cyprus. They offer investment services internationally. The Company is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 274/15. OX Markets were founded in 2015 and also hold a MiFID Regulation status.
Headquarters are located at 67, Spyrou Kyprianou, Samos Centre 2nd Floor 201, Germasogeia 4042, Limassol, Cyprus.
OX MARKETS REVIEW- IS OX MARKETS SCAM?
If trading within the EU or supported countries, it is always recommendable to choose a Regulated Broker. OX Markets comes as a highly recommendable broker, not only because of their CySEC regulation, but because of the good reputation which they enjoy.
Should I Accept a Bonus with OXMarkets.com?
As is customary the BinaryOptionSheriff always warns against accepting a bonus unless a trader knows the full implications and commitments that come with taking a bonus. This is usually requiring the trader to trade at least 20 times volume the value of his capital and bonus. It is a pleasant surprise therefore to note that OX Markets have been far more transparent and conscientious with offering an attractive alternative to their potential clients.
When opening a new account with just $250, a trader is offered 2 risk free trade positions of $25 each. Upon trading a volume of $10,000, a further 2 risk free trade positions of $250 each are given to the trader. If the trading results in a profit, the trader gets to keep the profits, whilst if they result in losses, the broker cover the losses themselves.
Choose risk free trades and don’t lose your capital. Special feature offered by OX markets.com
As indicated in our grid above OXMarkets.com offer four types of accounts:
Micro Account: Deposits value between $250-$2499
A free Demo account is given to trader for a period of 7 days with a balance of 10k-15k. Micro Accounts are eligible to one introduction lesson to the trading platform as well as an entry level Education EBook.
Bronze Account: $2500-$4999
Free Demo for unlimited period with starting balance of $50k. All the introduction lessons as per Micro Account. Up to 10 Trading signals per day. Eligible also for entries to promotions/prizes.
Silver Account: $5000 – $9999
Eligible for Free Unlimited Demo account. Introduction lesson to the trading platform. 7 step trading program training course. Free entry to webinars. Up to 25 Trading Signals per day. A personalized Account Manager. Personal Market Analysis.
Gold Account: $10,000 – $25,000
Carries all the advantages of the silver account with up to 70 Trading signals per day. Payouts in this bracket are higher reaching 85%
The OX Markets Binary Options Platform Review
Knowing that you are trading in a safe environment, and that commitments are always honored by OX Markets, is the best mindset to have when you start trading. The platform offers a wide selection of services for trading options. with the Classic Binary Options Trading, with the CALL/PUT choice and expiry time as well as asset types clearly mapped out for easy reference is the starting service for OX Markets. For the more adventurous or those seeking to Turbo their positions, OXMarkets.com offer the 60 second – 300 second trading options. These options are ideal to supplement Classic Binary Options when correcting positions.
More instruments for trading, are the long term trading as well as the end of day, which make trading a little bit more similar to Forex Trading rather than the regular binary options trading.
One Touch is becoming increasingly popular with more experienced traders. If the asset touches just one time the target price, the trade is immediately closed with a profit when it occurs within the expiry time. Ladder, will provide a trader with the possibility of selecting multiple options for the same expiry which are already set “deep in the money”. This allows a trader to get some percentage points in a “safer manner”. Alternatively it can be used on an option which is “out of the money” to gain a potential return that can have a payout as high as 1500%
Finally OX Markets offer CFDs (Contracts of difference). This instrument allows a trader to open a contract for the difference in price of an asset, from the strike price to the expiry time. CFD’s are a leveraged product, which means that you need only place a small deposit for a much larger exposure. In real terms this is closer to Forex Trading. The implications however also mean that if the price goes against the trader, the potential loss may also be larger than the deposit placed.
OX Markets Place High Value Education
In The Sheriff’s review of the OX Markets, we reveal how the Brokers place a high level of importance to education. OXMarkets.com offer its investors informative trading aids that will help them not just understand their trading platform but also the market developments. Weekly webinars related to topics such as the fundamentals of Binary Options Trading, how to look for trading opportunities, how to understand economic data etc., are all covered live.
OX Markets Review 2016 – Promotions
OX Markets have become quite famous for the innovative promotions. They are not just marketing tactics devised to get new clients. The risk free trades already explained earlier are a definite enhancer to traders who are new on the market. The Broker also has a Gold Scheme with real value in Gold Bars to traders who reach turnover targets. Reaching your turnover target, means also reaching your gold. The nature of the promotions run by OX Markets change periodically, however a classic goal is getting 10g of gold when reaching the 10,000 turnover and 50,000 turnover offers as much as 1Kg of pure gold!
OX Markets Friendliness and Support Review
OX Markets are very easy to get support from. They can be reached via Telephone, Email, Live Chat and Contact Form on their own platform.
Email support is available via: support[AT]oxmarkets.com
Telephone: Cyprus +357-25-000-198
Languages supported English, Spanish, German and Italian
Conclusion on the OX Markets Review
It is very rare that we come across a broker that we can review as comfortably as OX Markets. We have checked all over the Internet and have found no complaints about them. SHERIFF’s Conclusion is that OX Markets are not Scam Brokers. They are perfectly legitimate and offer an excellent way of trading and making money with Binary Options Trading.