Review summary
OVAX, operating under the name Ovax Ltd, is a broker registered in the United Kingdom with an operational history of 2-5 years. According to WikiFX data, it holds no valid forex trading licenses and operates with no financial regulatory oversight. The broker's WikiFX assessment score is 1.34, which reflects this critical absence of credible supervision. Trading metrics from user data indicate 248 traders have executed 1,358 transactions, with platform performance ratings showing a D grade for overall trading conditions, including D grades for execution speed and cost, balanced by an AA rating for swap/rollover interest. The entity's business scope is categorized as highly unusual for a financial services provider. Investors should be aware that dealing with this entity involves significant risks due to its complete lack of authoritative regulatory protection. 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: 2026-04-03)
