A relationship on your terms.
Work with us the way you want.
Some believe you must choose between an online broker and a wealth management firm. At Oxi, you don’t need to compromise. Whether you invest on your own, with an advisor, or a little of both — we can support you.
TRADING ACCOUNT TYPES.
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What is a trading account?
To start trading Forex, one needs to open an account with a broker first. A trading account gives access to the FX market and enables you to execute trading operations online. A trading account is someway similar to a bank account. It can also be used for storing, depositing, and withdrawing money. Traders can use different payment systems to send funds to their accounts and to withdraw them. The full list of the systems available for Oxi Markets clients can be found on the Home page. Oxi Markets offers the best trading conditions, providing traders with the necessary trading tools and strategies, low spreads, and flexible leverage. At the moment, several account types are available. The primary purpose of any trading account is to make transactions (open and close orders) with various financial instruments. The list of these instruments can vary depending on the account type. Market Order Execution is available on all account types. Oxi Markets allows applying such trading strategies as scalping, hedging, trading on the news, etc.
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Demo
For beginners or those, who want to test their strategies, Oxi Markets gives an opportunity to open a free demo account. Demo trading is a simulation of real trading, aimed at practicing and training. A demo account does not require investments and is free to use. It allows you to gain experience in online trading and practical skills of using Xone, as well as to test your strategy without any risks. Trading on a demo account is absolutely the same as trading on a live trading. The charts show the real situation in the Forex market. The only difference is that you trade with virtual money. Your demo earnings show the potential profit you can get on the live account. When you open an account, you can set the initial balance by yourself. Demo trading fully corresponds to real trading. A number of financial and analytical tools, quotes, market and pending orders are available on real accounts. Such accounts will help to adapt quickly to the conditions of the constantly changing market. You can start training with the demo of any Oxi Markets account types: Basic, Silver or Gold. So, you can also test the trading conditions of the broker and choose the best account for you. Such kind of trading will form your own vision of the market, which in the future will allow trading confidently in the Forex market. Only when you’ve reached success on the demo account, it’s time to continue with a live trading account.
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Basic Account
Basic account is designed for traders-beginners. If the demo trading is left behind, but you are still not ready to deposit much, the Standard Cent account is a perfect option for you. Basic account is: An excellent tool to improve your money management skills. Small amounts of money are the most suitable for this purpose. A perfect way to practice risk management. An opportunity to feel all the emotions of trading with real funds, but with smaller risks. An instrument to test the Forex advisers. An ability to estimate in practice the services and conditions of Oxi Markets. Once you feel confident in your skills and succeed in trading on Basic account, you can move on to Silver, Gold or even Platinium account.
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Silver Account
Silver account is the most popular one. It includes the basic set of tools, tight spreads starting from 0.3 pips, and no commissions. Stop Loss and Take Profit can be set either when opening an order or afterward. A Standard account can be used for trading on daily charts and non-aggressive intraday trading. There are no restrictions on trading strategies for this type of account.
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Gold Account
Gold account is designed for experienced and professional participants of financial markets. Traders can use any style of trading on Pro accounts. This type of account is characterized by narrow spreads, high leverage, lack of commission, and no restrictions on the number of orders and volume. The main advantage of a Gold account is a wide range of trading instruments: more than 50 currency pairs, indices, metals, and commodities. You can use all your trading and investment ideas.
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Platinium Account
Platinium account is only on demand or invitation
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