Woxa Journal
Journal status: live Woxa joined in | not yet |
Woxa Profile
Website
Year
2022
Country
Mauritius
Branches
1
Regulation
FSC Mauritius
Registration
FSC Mauritius, FSC BVI
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Africa, Australia, Austria, Belgium, Bulgaria, Canada, China, Croatia, Cuba, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iran, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Mexico, Myanmar, Netherlands, New Zealand, North Korea, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Turkey, UAE, UK, US
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
Woxa Accounts
MM
Minimum Deposit
25 $
Leverage
800 : 1
Minimum Lot
0.05 lots
EURUSD spread
0.6 pips
Commission
0 $/lotRT
Volume
50 lots
Margin Call
...
Stop Out
...
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker |
- Full listing profile: Woxa broker profile
Is Woxa safe?
- Investor protection: no
- Regulation: FSC Mauritius
- Registration: FSC Mauritius, FSC BVI
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Woxa trusted?
- Information transparency: high
★★★★★ - Customer service: ...
- Woxa website: uninformative, updated
★★ - Woxa popularity (by visitor count): low visits
★★
How Woxa works
16.6 Situations not covered by this agreement
In the event that a situation arises that is not covered under this Agreement or the Contract Specifications, we will resolve the matter on the basis of good faith and fairness and, where appropriate, by taking such action as is consistent with market practice and/or paying due regard to the treatment we receive from any hedging broker with which we have hedged our exposure to you arising from the Transaction in question.
27.5 Woxa has a system that will protect the user from falling to a negative balance that is affected by the market volatility.
https://woxa.com/pdf/EN-TermsAndConditions-Woxa.pdf
3.1 The Policy applies to all clients.
3.2 This Policy applies when executing transactions with you for the Financial Instruments provided by the Company. The Financial Instruments provided by the Company are derivatives of an underlying financial instrument, and it is up to the Company’s discretion to decide which types of Financial Instruments to make available and to publish the prices at which these can be traded.
The Company, through its trading platform, provides the client with live streaming prices, “Quotes”. The Company is always the counterparty (or principal) to every trade; therefore, if the Client decides to open a position in a Financial Instrument with the Company, then that open position can only be closed with the Company.
27.1 3.7 The Company reserves the right to aggregate the instructions we receive from our clients to close Transactions. Aggregation means that we may combine your instruction with those of other clients of ours for execution as a single order.
https://woxa.com/pdf/EN-OrderExecution-Policy-Woxa.pdf
Currently, we operate in Vietnam, Malaysia, the Philippines, Indonesia, and India.
If clients from other countries express interest but Woxa is not currently available, we will notify them when we expand our services to additional countries.
If clients from other countries express interest but Woxa is not currently available, we will notify them when we expand our services to additional countries.
https://help.woxa.com/available-countries-for-woxas-service/
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