Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

OX

Cyprus|5-10 years|
Regulated in Czech Republic|Suspicious Regulatory License|Suspicious Scope of Business|Czech Republic Retail Forex License Revoked|High potential risk|

http://www.oxmarkets.com/

Website

Rating Index

Contact

+357 25 025 066
info@oxmarkets.com
http://www.oxmarkets.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-04-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • Czech RepublicCNB (license number: Unreleased) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Users who viewed OX also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.35
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

VT Markets

8.63
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GTC

8.34
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

OX · Company Summary

Note: OX's official site - http://www.oxmarkets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

OX Review Summary
Company Name OX Capital Markets Limited
Registered Country/Region Cyprus
Regulation CYSEC (Suspicious Clone), CNB (Revoked)
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit N/A
Customer Support Tel: +357 25 025 066, Email: info@oxmarkets.com

What Is OX?

OX Capital Markets Limited, based in Cyprus, claims to be regulated by CYSEC, but its license has been flagged as a suspicious clone. Additionally, its regulatory status with CNB (Cyprus National Bank) has been revoked. The company's website is dead and there is limited information available about its operations and services.

OX

Pros & Cons

Pros Cons
N/A
  • Suspicious Cloned and Revoked Regulation
  • Dead Website
  • Scarce Information Can Be Found

Cons:

  • Suspicious Cloned and Revoked Regulation: OX faces regulatory concerns due to its status as a suspicious clone of the Cyprus Securities and Exchange Commission (CYSEC) and having its license revoked by the Czech National Bank (CNB).

  • Dead Website: The OX website is already dead, which indicates a lack of updates, maintenance, or support. A dead website is a significant red flag for potential clients.

  • Scarce Information Can Be Found: There is a notable scarcity of information available about OX, including its services, offerings, and operational status, which shows transparency issues.

Is OX Safe or Scam?

  • Regulatory Sight: OX claimed to be regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license number 274/15, though the status is “Suspicious Clone”. This license purportedly granted them the status of a Straight Through Processing (STP) entity.

suspicious clone CYSEC license

Additionally, OX asserted regulation by the Czech National Bank (CNB) with a retail forex license; however, this license was revoked.

revoked CNB license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Customer Support

OX provides customer support through telephone and email. Clients can reach their support team by calling +357 25 025 066 or emailing info@oxmarkets.com. These avenues offer direct communication for addressing inquiries, assistance, or resolving issues promptly.

Conclusion

OX is operating with abnormal regulations. Due to its dead official website and the scarcity of information online, potential investors should be more cautious. We do not recommend users to trade with this broker.

Frequently Asked Questions (FAQs)

Q: Is there a live chat channel?

A: No, there is not.

Q: Is OX regulated or not?

A: Yes, it is, however, the licenses are marked as “Suspicious Clone” and “Revoked” respectively.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Ox Capital Markets Limited

Company Abbreviation

OX

Regulatory Status

No Regulation

Platform registered country and region

Cyprus

Company website
Phone of the company
  • +357 25 025 066

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@oxmarkets.com

Company Summary

User comment

0

Comments

Write a review

No comment yet

start to write first comment

TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com