Score
WOXA LTD
Saint Vincent and the Grenadines|1-2 years| https://woxa.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed WOXA LTD also viewed..
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Website
woxa.com
Server Location
United States
Website Domain Name
woxa.com
Server IP
104.21.70.197
Company Summary
| WOXA LTD Review Summary | |
| Founded | 2005 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Stocks, cryptos, currencies, commodities |
| Demo Account | / |
| Islamic Account | ✅ |
| Leverage | 1:400 |
| EUR/USD Spread | 0.6 pips (minimum spread) |
| 0.8 pips (average spread) | |
| Trading Platform | WOXA APP, web trader |
| Copy/Social Trading | ✅ |
| Min Deposit | / |
| Customer Support | Live chat |
| Email: support@woxa.com | |
| Regional Restrictions | The European Union, United Kingdom, Cuba, Myanmar, Turkey, Japan, Singapore, New Zealand, Poland, Canada, Iran, North Korea, and the United States |
WOXA LTD was registered in 2005 in Saint Vincent and the Grenadines, specializing in the stock, crypto, currency, and commodity markets. It uses its own trading platform, which is available on mobile and web devices. However, it is not regulated, and it does not provide services for residents in certain areas.
Pros and Cons
| Pros | Cons |
| Long operation time | No regulation |
| Islamic accounts provided | No MT4 or MT5 |
| Tight EUR/USD spread | Unclear payment methods |
| Copy trading services | Regional restrictions |
| Live chat support |
Is WOXA LTD Legit?
No, it is not regulated by the financial services regulatory authority in Sait Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that activities such as client transferring and updating are prohibited. Please note the potential risks!
What Can I Trade on WOXA LTD?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage/Spread
The leverage is variable depending on the types of products. Customers need to consider carefully, because high leverage is likely to bring high potential risks. Take different currency pairs for example.
| Currency Pairs | Min Spread | Avg Spread | leverage |
| EUR/USD | 0.6 pips | 0.8 pips | 1:400 |
| AUD/CAD | 2 pips | 2.2 pips | 1:50 |
| EUR/JPY | 1.4 pips | 1.6 pips | 1:200 |
Trading Platform
WOXA LTD uses its own trading platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| WOXA | ✔ | PC, web, mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Social Trading
WOXA provides social trading services. On its platform, customers can share their trading experiences and learn from some of the top traders.
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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