FOREXOX

The WikiFX assessment yields a composite score of 6.76 for FOREXOX, which indicates a moderate overall evaluation. According to WikiFX data, the broker is a US-registered entity with 1-2 years of operational history. It holds administrative registrations like an NFA Business Registration and an MSB license with FinCEN. However, it is critical to note that these are not retail forex trading licenses, and FOREXOX does not hold any valid, authoritative forex trading licenses from major regulatory bodies such as the NFA/CFTC for retail client activities in the United States. The absence of dedicated financial oversight for its core trading operations presents a significant consideration when evaluating counterparty risk and fund safety.

FOREXOX operates with specific administrative registrations but lacks formal forex trading regulation. According to WikiFX data, it holds a Business Registration License (ID: 20181516774) from the National Futures Association (NFA) in the United States and is registered as a Money Services Business (MSB ID: 31000304630444) with the Financial Crimes Enforcement Network (FinCEN). It is important to understand that these are not retail forex trading licenses. The entity currently holds no valid, authoritative forex trading licenses from major regulatory bodies such as the NFA/CFTC for retail client activities. Therefore, it operates without the dedicated financial oversight typically associated with regulated brokers.

Specific minimum deposit requirements for FOREXOX are not currently publicly disclosed in the WikiFX assessment. This information is typically detailed in a broker's account terms and is a key factor for traders when selecting a suitable account type.

The specific trading platforms supported by FOREXOX, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), are not explicitly listed in the current WikiFX data. Platform availability is a crucial component of the trading environment, affecting execution speed, tools, and automation capabilities.