OEXN is here to level the playing field for all participants in the financial markets. Our goal is to simplify the complexities of the financial world for everyone.
This means that now anyone can trade with asset classes that were previously reserved for institutional investors only. Besides easy access, we, at OEXN, want to make sure that anyone can get a good understanding of the instruments traded before engaging in market activities. This is why we offer a unique social trading & support experience — providing support for all websites involved in social trading between clients and different brokers as well as providing the API trading software to anyone.
Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
What is OEXN?
OEXN is a regulated brokerage firm that offers a comprehensive trading environment tailored to meet the diverse needs of traders. Licensed by the Cyprus Securities and Exchange Commission (CYSEC), OEXN adheres to stringent regulatory standards designed to protect investors and maintain market integrity. The firm provides access to a wide range of trading securities, including Forex, stocks, commodities, indices, precious metals, energy, options, and ETFs through the leading MetaTrader 4, MetaTrader 5, and OEXN Trader.
Pros & Cons
Pros Regulated by CYSEC: OEXN is regulated by CYSEC, ensuring adherence to stringent financial standards and investor protection.
Diverse Range of Trading Securities: Offers access to Forex, stocks, commodities, indices, precious metals, energy, options, and ETFs, allowing for effective portfolio diversification.
Advanced Trading Platforms: Provides MetaTrader 4, MetaTrader 5, and OEXN Trader, catering to various trading needs and preferences.
Comprehensive Trading Tools: Includes cloud technology, virtual private servers, white labels, IB tech solutions, and educational resources.
Robust Customer Support: Provides 24/7 customer support via multiple channels including phone, email, WhatsApp, and Telegram.
Cons Fees Not Mentioned: Specific information on fees, such as interest on uninvested cash, andmargin interest rates is not provided.
No Promotions Available: The absence of promotions or incentives for new clients can make the brokerage less attractive compared to competitors who offer bonuses or reduced fees as part of promotional campaigns.
Is OEXN Safe?
OEXN is regulated by the oversight of the oversight of the Cyprus Securities and Exchange Commission (CYSEC), holding license No. 423/22. This regulatory framework ensures that the company adheres to stringent standards designed to protect investors and maintain the integrity of the financial market. By adhering to the regulations, OEXN ensures that its operations are conducted with the utmost professionalism and accountability, instilling confidence in its clients and stakeholders.
What are Securities to Trade with OEXN?
OEXN provides a diverse range of trading securities to meet the varied needs of its clients. The platform offers access to Forex, allowing traders to engage in the global currency markets. Additionally, OEXN supports trading in stocks, commodities, indices, precious metals, and energy, enabling investors to diversify their portfolios across different asset classes. The inclusion of options and exchange-traded funds (ETFs) further enhances the trading opportunities, providing tools for hedging and strategic investment.
Leverage
OEXN offers competitive maximum leverage across various trading instruments, enhancing the potential for higher returns. For Forex trading, OEXN provides leverage up to 1:500, allowing traders to control larger positions with a smaller capital outlay. In stock trading, the maximum leverage is 1:20, providing a balance between risk and opportunity.
Indices trading benefits from leverage up to 1:100, while precious metals can be traded with leverage up to 1:500, offering significant potential for gains. Energy trading is supported with leverage up to 1:200, enabling traders to take advantage of market movements with greater flexibility. This range of leverage options caters to different trading strategies and risk appetites.
OEXN Platforms Review
OEXN provides its clients with three robust trading platforms, catering to various trading needs and preferences. The widely-used MetaTrader 4 platform offers user-friendly features and comprehensive tools suitable for all levels of traders.
MetaTrader 5, the upgraded version, provides enhanced capabilities, including advanced charting, technical analysis tools, and faster processing speeds, making it ideal for more experienced traders.
For advanced traders who require sophisticated tools and access to complex derivatives, the OEXN Trader platform is specifically designed to meet these demands, offering a highly customizable and powerful trading environment.
OEXN Tools Review
OEXN equips traders with a suite of advanced trading tools designed to enhance their trading experience and performance.
Leveraging Cloud Technology, OEXN ensures seamless access to trading platforms and data from anywhere, providing flexibility and efficiency for traders on the go. The availability of Virtual Private Servers (VPS) offers increased stability and security, allowing for uninterrupted trading operations and faster execution times, which is crucial for those engaging in high-frequency trading or running automated strategies.
For businesses and individuals looking to establish their own trading services, OEXN provides White Label solutions. This enables partners to customize and brand their own trading platforms while utilizing OEXN's robust infrastructure and support. Additionally, the IB Tech Solutions offered by OEXN assist Introducing Brokers in managing their client base efficiently, providing essential tools for client acquisition, management, and reporting.
To support traders in making informed decisions, OEXN offers comprehensive informational resources on Forex, including market analysis, trading strategies, and updates on market trends. Additionally, a detailed Forex Glossary is available, helping both novice and experienced traders understand complex terminologies and concepts, ensuring they are well-equipped to navigate the trading landscape effectively.
Customer Service
OEXN provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Head office: IQ EQ Fund Services (Mauritius) Ltd, Edith Cavell Street 33, Port-Louis 11324, Mauritius
Phone: 066-512-6574
Email: office@oexn.com, support@oexn.com
Customer support 24/7
Whatsapp support
Telegram support
Contact form
Conclusion
In summary, OEXN offers a robust trading environment with a wide range of securities, high leverage options, and multiple advanced trading platforms. Regulated by CYSEC, it ensures a secure trading experience with stringent standards.
Despite the lack of detailed fee information and promotional offers, its comprehensive customer support and advanced trading tools make it a compelling choice for experienced traders. Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.
FAQs
Is OEXN suitable for beginners?
OEXN is suitable for beginners due to its user-friendly platform, advanced trading tools, and comprehensive customer support.
Is OEXN legit?
Yes, OEXN is regulated by the Cyprus Securities and Exchange Commission (CYSEC).
What types of securities can I trade with OEXN?
Forex, stocks, commodities, indices, precious metals, energy, options, and ETFs.
What trading platforms does OEXN offer?
MetaTrader 4 (MT4), MetaTrader 5 (MT5), and OEXN Trader.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.