Woxa Overview
Investing in the stocks of companies headquartered in foreign countries can help traders diversify their holdings, hedge against potential losses, and obtain exposure to economic development in regions other than their own. Most multinational equities, on the other hand, need just their people to invest. Isn't it preferable to be able to trade stocks or other instruments from all over the world with a few mouse clicks? Woxa is a social trading platform that is at the forefront of its industry. This is due to the fact that it allows users to trade CFDs on a wide range of underlying assets, such as currencies, cryptocurrencies, commodities, international stocks, and ETFs.
Woxa is a social trading platform that was founded in 2019. WOXA.COM is run by WOXA LTD, which is regulated by the Financial Services Commission of the Republic of Mauritius (FSC) with an Investment Dealer License and a registered address at 30 St Georges Street 3rd Floor, Manor House, Port Louis, MAURITIUS.
The user- and trader-friendly design of Woxa makes it a fantastic choice for traders of all skill levels. Furthermore, by using this CFD trading platform, you may be able to avoid the fees that other platforms still charge. Furthermore, you would not have to cope with a difficult user interface or terrible customer service. Woxa's many advantages over its competitors include great customer service, reasonable fees, a lot of data, and the ability to buy stocks in fractional quantities. Given the range of their offerings, you may want to strengthen your relationship with Woxa as your wealth rises.
Account Types
On Woxa, there are two types of accounts: real and demo.
The first type of account is a 'Real' account, which allows traders to trade instruments using real money and benefit from tighter spreads than the market normally provides. Woxa also covers the fees involved with trading. This is advantageous for traders because they will not have to pay exorbitant fees with each trade.
The second type of account is a 'Demo' account, which allows traders to practice their skills without risking their actual money. However, traders should be aware that this is merely a simulated account and, as such, cannot make gains. Furthermore, as part of a specific campaign, new Woxa investors may receive $50 in trading credit when they switch their account to a 'Credit' account. It is unclear whether Woxa just offers two separate account options. Although such possibilities are limited, investors profit because they no longer have to focus on the minutiae of each account.