Review summary
OZ Forex is a forex and CFD broker that has been in operation for 5-10 years and is registered in Saint Vincent and the Grenadines. According to WikiFX data, the entity currently operates without any valid, recognized forex trading licenses from major regulatory authorities, placing it in a regulatory vacuum. This status, combined with a very low overall WikiFX score of 1.55, indicates a significant lack of financial oversight and client protection. The broker offers a range of account types, including a MICRO account with a $100 minimum deposit and leverage up to 400:1, and a VIP account requiring a $10,000 deposit. Trading conditions feature variable spreads starting from 0.8 pips and support for expert advisors (EAs) and scalping. Deposit and withdrawal methods include bank wire transfers, NETELLER, UnionPay, and Fasapay, with processing times varying from instant to several business days. In summary, OZ Forex's unregulated status in a region known for lax financial supervision represents a severe risk profile for traders, as it lacks the fundamental safeguards provided by established regulatory frameworks. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-08)
