Ox Securities Ltd
25509 BC 2019
This Product Schedule issued by Ox Securities (Ox Securities Ltd) forms part of the client agreement and should be read in its entirety. It sets out the margin requirements, fees and charges, clients will incur when dealing in our products. It also details the interest that you may pay or receive in respect of your account balances along with any other costs you may incur. Please note that this Product Schedule and the commission rates set forth below are for reference only. Please verify all fees and commission charges on the website or your account statement to view actual fees or commission incurred.
The Liquidation Level is 20% unless varied by us in writin
No commissions are charged on transactions executed on our standard accounts. Our transaction fees are incorporated into the bid-offer spread for each standard account spread. Because we deal as principal, the prices we offer may not be the same as those in the underlying market and may be wider.
Ox Securities Ltd sets out the Commission of $3.5 USD/lot for each currency pair on Foreign Exchange transactions (a one-way fee), and no commissions for Metals or CFDs transactions on PRO accounts.
The price of a Margin FX Contract and CFD contract reflect the value of one currency expressed in terms of a second currency. Our products do not create any right or obligation to receive the purchased currency. The foreign exchange markets by convention adjust the value of an open position to reflect the different interest rates applicable to the underlying currencies. If you have an open position in which you have taken the long or bought side in the high yielding currency then the value of the swap fee is basically in your favour to reflect the difference between the interest rates on the two currencies. In certain market conditions Ox Securities Ltd may require clients to pay a Swap Fee where ordinarily they would have received a Swap Fee. For certain currency pairs, triple daily swaps are applied on Wednesday and Thursday. Swap Fees will be applied in your account currency.
|Product||Symbol||Min Trade Size|
Mauris mauris ante, blandit et, ultrices a, suscipit eget, quam. Integer ut neque. Vivamus nisi metus, molestie vel, gravida in, condimentum sit amet, nunc. Nam a nibh. Donec suscipit eros. Nam mi. Proin viverra leo ut odio. Curabitur malesuada. Vestibulum a velit eu ante scelerisque vulputate.
Ox Securities Pty Ltd registered address Level 37, 1 Macquarie Place, Sydney NSW 2000 Australia. AFSL 438402 ACN 163 551 602
Risk Warning: The information contained on this website is general in nature and does not constitute advice or a recommendation to act upon the information or an offer. The information on this website does not take into account your personal objectives, circumstances, financial situations or needs. You are strongly recommended to seek independent professional advice before opening an account with us and/or acquiring our services/products.
Before you decide whether or not to invest any products referred to on this website, being over the counter (OTC) derivatives, it is important for you to read and consider our Financial Services Guide (FSG), Product Disclosure Statement (PDS), and Terms and Conditions (T&C), and ensure that you fully understand the risks involved. Fees, charges and commissions apply. OTC derivatives, including margin foreign exchange contracts and contract for differences, are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone. You may incur losses that are substantially greater than your initial investment. You do not own, or have any rights to, the underlying assets which the OTC derivative is referring to. You should only trade with money you can afford to lose. There are also risks associated with online trading including, but not limited to, hardware and/or software failures, and disruptions to communication systems and internet connectivity.
Copyright © OxSecurities 2020. All rights reserved