FOREXOX

Basic Information

• Registered Region
  

  United States
• Operation Status
  Normal
• Operating Period
  Not disclosed
• Deposit Methods
  Not disclosed
• Website
  https://forexox.com
• Market Type
  Foreign exchange
• Support Languges
  

  English
• Main Business
  FX, CFDs
• Business Type
  FX broker
• Social Media
• Contact Details
  info@forexox.com
• Type of Accounts
  Standard, Micro
• Trading Platforms
  MT4, MT5
• Withdraw Methods
  Not disclosed
• Auto Trading
  EA supported

Pros and Cons

Pros of FOREXOX include its regulation status, which adds a level of trustworthiness, and the availability of popular trading platforms like MT4 and MT5. Additionally, the brokerage offers a range of account types, making it suitable for various trading preferences. However, cons include the lack of transparency regarding specific deposit and withdrawal methods, which could be a concern for potential clients.

Company Background

FOREXOX is a forex brokerage operating under the name FOREXOX FOREX EXCHANGE LTD, incorporated in the United States. The company has garnered a regulatory status, ensuring compliance with certain trading standards, which can provide some level of assurance to traders. Operating primarily in the FX market, FOREXOX has been designed to cater to both new and seasoned traders across various account types, which include Standard and Micro accounts tailored for varying trading styles and capital investments.

Fund Security

While specific details on fund security measures are not publicly disclosed, as a regulated entity, FOREXOX is expected to adhere to standard fund protection protocols outlined by regulatory bodies. This generally includes the maintenance of segregated accounts for client funds, ensuring that traders' capital is protected against company liabilities, although specifics may vary.

Account Opening

Opening an account with FOREXOX is straightforward, with the availability of both Standard and Micro accounts to accommodate different trading needs. The account setup process is designed to be user-friendly, allowing traders to quickly begin their trading experience. Specific onboarding steps have not been disclosed, which could affect the overall perception of ease of access for new clients.

Trading Fees

Information regarding trading fees such as spreads and commissions is not fully disclosed on the available platforms. As a regulated broker, it is expected that FOREXOX maintains competitive trading fees that allow traders to operate efficiently within the forex market, but exact rates should be confirmed directly via their platforms or customer support.

Trading Instruments

FOREXOX primarily focuses on forex trading and offers CFDs on various assets. The selection may cater to both beginners and advanced traders, but exact instruments available have not been detailed on their platform, which could limit insight into their broader trading offerings.

Trading Technology

FOREXOX provides access to popular trading platforms MT4 and MT5, recognized for their advanced trading capabilities and user-friendly interfaces. The technology infrastructure is essential for ensuring swift execution and reliable trading performance, although the specifics of their backend technology remain undisclosed.

Research and Education

The broker's offerings in terms of research and educational resources have not been made publicly available. This could be a downside for traders looking for comprehensive market analysis tools and educational content to enhance their trading capabilities.

Customer Support

Customer support for FOREXOX is available through email (info@forexox.com). The absence of additional contact methods such as phone or live chat could be a limitation for time-sensitive inquiries, making it important for prospective traders to consider the responsiveness of their support channels.