Ozios is a recently accredited broker by the Cyprus Securities and Exchange Commission (CySEC). There’s still not much information on its website about the services the company will offer, but the risk warning at the bottom of the site indicates that it will offer CFD and FX trading. Ozios also has a social trading section on its site.
The first impression of Ozios home page is a pleasant one. All the information required to familiarize yourself with the functionality of the site is presented here. Literate and effective presentation of information is very appealing. The basic localization of the site is in English, except that the site is translated into Slovakian language to.
Trading Platform Overview
To trade both on a real and demo account, Ozios broker offers its clients to download and install the MT5 terminal It has long been a classic and quite widespread among both experienced and novice traders. You can download the program from the company’s website, and then install it:
- on your computer;
- on your laptop;
- on a smart phone;
- iPhone or iPad
Thus, you can use the program both at home and in any place with Internet. The terminal is also convenient because it has a well-designed and at the same time simple interface, so you can master it in just a few days. In the center there is a window with a chart, on the left there is the menu of management, on the right there is a list of all assets.
Several basic indicators are already installed in the terminal. A trader can also integrate other indicators, downloaded from websites or developed independently, into the program. Thanks to this, it is possible to combine different trading tools to create the most effective, profitable strategy.
It is also possible to trade on MyOzios broker’s own software.
The undeniable advantage of the company is a wide range of trading instruments, among which it is worth noting:
- currency pairs: AUD/CAD, EUR/AUD, CAD/JPY, GBP/CHF, NZD/USD, USD/JPY, USD/CAD and others;
- Metals: Gold, Silver;
- CFD-contracts on stocks, indices and commodities;
- Energy: natural gas and oil;
- stock indices.
But there is no cryptocurrency trading. Also, there is no help for beginners on the site. Everything is calmly written and understandable even for people who wants to start.
It takes the user a few minutes to create a demo account. To do so, the user must follow the specific instructions:
- Go to the broker’s website.
- In the upper right corner select the green button “Registration”.
- In the window that appears click “Demo account”.
- Fill in the table, entering personal information in the fields: name, surname, phone number and e-mail address.
- Tick the “Data protection” box.
- Press the “Registration” button.
There i also section news, very accurate, mantained well, new informations almost every day.
Ozios has sophisticated FAQ system, where you can get every information possible about the broker and even more. Webpage explains many important questions about trading in general.
Deposit and withdrawal
After checking the deposit and withdrawal section on the broker’s site, we were disappointed. It is very limited, and namely only one option is possible- bank wire transfer. On the other side, broker does not fix the minimum deposit, it is unlimited. But the maximum deposit is 250$. The same amount you can withdraw, and this fact is a quite strange one.
Technical support is well mantained. There is many informations on the website, namely the phone number, physical address and email. Not that many links to social networks and online chat are missing.
When we called the support answered quickly and was helpful and calmed.
Advantages and Disadvantages
- A wide choice of instruments
- MetaTrader 5
- Demo account
- no cryptocurrency trading
- no material for beginners
- small selection of payment systems