Why is OXmarkets Reliable?
OXmarkets is a CySEC regulated broker. While most regulated brokers are indeed CySEC licensed, this isn’t some kind of easily-granted distinction. CySEC regulation means that the operation boasting such a license, is fully compliant with the EU’s MiFID directives.
Learning How to Trade
Being a new operation, OXmarkets have apparently not yet finished up their website. While they do have an Education section featured, the said section is currently empty of content, seemingly under construction.
Trading Binary Options
Binary options are extremely popular for a reason: they are simple to learn and relatively easy to master. More importantly though, one knows exactly how much money he/she is risking and how much he/she stands to win, before actually launching the trade.
The OXmarkets asset selection is outstanding: there are no fewer than 7 commodities available, in addition to the usually lavish lists of indices, stocks and currency pairs.
The option type selection featured by OXmarkets is a step above what most of their competitors bring to the table in this respect. They have classic Put/Call options as well as 60 second and long-term options. In addition to that, they also feature ladder options, One Touch Options and Pair Options.
While it is indeed a very new broker, OXmarkets is properly regulated and it features excellent asset- and option-type selection. The missing education section is quite a turn-off though, as are all the missing deposit/withdrawal options. Provided they iron out these flaws, OXmarkets may well join the elite of the industry soon.