Brief Look at OX Securities
OX Securities displays all the hallmarks of a scam and is therefore labeled a high-risk broker, not recommended for cooperation. The US regulator (CFTC) has officially added OX Securities to its RED List. This means the company is not authorized to work with US clients, but does so in violation of the law. The professional community notes signs that the broker operates on a B-Book model, meaning it profits from its clients' losses rather than from commissions on trades.
Many users complain that withdrawals take weeks. Customer support often cites unannounced security inspections or accusations of anti-money laundering (AML) violations without providing evidence.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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