Ox Securities Review
Ox Securities is an Australian-based broker offering both commission-free and raw pricing with Standard, Pro, and Islamic accounts. Competitive spreads, multiple trading platforms, and accessible support cater to traders of all levels. However, its unique regulatory setup, overseen by ASIC and FSA, warrants careful consideration for potential clients.
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Ask an Expert
I don’t understand the details of how secure or insecure my money would be as retail customer with ox securities when they use Financial Services Authority (FSA) in St. Vincent and the Grenadines?
The Financial Services Authority (FSA) of St Vincent And Grenada allows to self-regulate as long as they comply with the laws of the country. The FSA does no issue licenses for Forex trading. With no proper regulatory authority, in theory, your funds can be at greater risk if you trade with a brokers St Vincent entity, but you can take some measures to protect yourself such as making sure the broker has segregated trading account and using a broker that has a strong reputation that also has strong regulation countries with strong financial regulation such as Australia, the UK and UAE.