In this OKEX Review, we are going to take a look at the offer that this broker prepared for its traders. OKEX operates on the financial market since 2017. The OKEX minimum deposit is 0 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this OKEX Review
Website address: | okex.com |
Operated by: | OKEX MALTA LTD |
Licensed and authorised by regulatory bodies: | GDPR EEA |
Supported languages: | English, Spanish and French |
Customer support available via: | E-mail, phone, live-chat |
Contact details: | [email protected] +1 226 7984487 |
Available deposit methods: | |
Available withdrawal methods: | Most likely the same as the deposit methods |
Minimum deposit: | 0 USD |
Min. trade in lots: | 0.01 |
Spreads: | Variable |
Tradable assets: Might be a CFD. | Forex, cryptocurrencies |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | |
Social trading: |
Random reviews of competing FX & CFD brokers: AAATrade, GWGlobalFX, BrokerMasters and TradersWay
Frequently Asked Questions
🧐 Is OKEX a Scam?
In accordance with our research, OKEX is a broker licensed and regulated by the GDPR and EEA. While it is a good thing that the broker is regulated, the GDPR and EEA regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that OKEX is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the OKEX minimum deposit?
In order to start trading with OKEX, you have to deposit at least 0 USD (Trading accounts can also be held in USD, CNY, RUB, KRW, VND).
📵 What deposit and withdrawal methods OKEX supports?
⚖️ Would you recommend me choosing OKEX?
We don’t have our own personal experience with OKEX. However, the broker is regulated by the GDPR and EEA which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with OKEX.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.