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OZOFX review

OZOFX review: regulation (OZOFX LIMITED is registered in United Kingdom under…), minimum deposit 200, leverage up to 1:300, platforms and current bonuses.

4of 5
Open account
Minimum deposit200
Max. leverage1:300
Spread from0.0 Pips
Founded2020

Trading conditions

Broker type
ECN/STD
Minimum deposit
200
Maximum leverage
1:300
Minimum spread
0.0 Pips
Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile MT4, Web Platforms and More Trading Platforms
Instruments
Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs
Account currencies
USD, EUR, GBP

Bonuses

No deposit bonus
No
Welcome bonus
100% Forex Welcome Bonus
Other promotions
100% Forex Deposit Bonus

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay, Bitcoin and More
Withdrawal methods
Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay, Bitcoin and More

Company

Regulation
OZOFX LIMITED is registered in United Kingdom under Registered Number 13414237
Founded
2020
Country
United Kingdom
Address
11 Berkeley Street, London, England, W1J 8DS, United Kingdom
Publicly traded
Yes
Website languages
English
Phone
+1 613 706 6002, +44 20 8089 5739

OZOFX pros and cons

Pros

  • Regulated by OZOFX LIMITED is registered in United Kingdom under…
  • Raw spreads from 0.0 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile…

Cons

  • No no-deposit bonus at the moment
  • Conditions and bonuses can differ by regulated entity

OZOFX FAQ

Is OZOFX a safe and regulated broker?

OZOFX was founded in 2020 and is regulated by OZOFX LIMITED is registered in United Kingdom under Registered Number 13414237. Client funds are held in segregated accounts. Your protection depends on which OZOFX entity opens your account.

What is the minimum deposit at OZOFX?

The minimum deposit at OZOFX is 200. Payment providers may set their own minimum amount.

What is the maximum leverage at OZOFX?

OZOFX offers leverage up to 1:300. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does OZOFX offer a no deposit bonus?

No. OZOFX does not currently offer a no deposit bonus. It offers a welcome promotion: 100% Forex Welcome Bonus. See our forex no deposit bonus list for brokers that do.

Which trading platforms does OZOFX offer?

OZOFX supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile MT4, Web Platforms and More Trading Platforms. Mobile trading is available.

Does OZOFX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does OZOFX offer an Islamic (swap-free) account?

Yes. OZOFX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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OZOFX – NoOpen account