Celox live Review
Learn more about this Broker in our review
Celox is a young force in the Forex and CFD markets, committed to delivering a powerful, accessible and fair-trading Experience. Led by a team of professionals with years of experience in the field, They have put innovation, speed and agility at the core of our business.
- Trading Experience
- Trading conditions
- Fees an commissions
- Trading Platforms & Trading Tools
- Customer Support
in this Celox review we found that this broker offers a solid trading experience and that the software is fast and accurate, the assets you are able to trades are extensive and should cover most of the market, we would like to see more green stocks and more cryptocurrencies but that might happen in the future.
|Broker Name:||Celox Live|
|Country:||St Vincent and the Grenadines|
|Operating since year:||2021|
|Broker status:||Privately Owned|
|Email:||[email protected] [email protected]|
|Trading platforms:||Celox Live proprietary – desktop, mobile , web|
|Other trading instruments:||Metals, Shares, Spreads, Crypto, Indices, GOLD|
|Minimum deposit ($):|
CELOX LIVE REVIEW : BROKER REVIEW
Celox Live iws new to the industry and as yet has to establish a full and long reputation in the industry. , Celox Live employed 66 professionals, which allows them to provide top-tier services to their clients 24 hours a day, six days a week.
Clients can choose assets to buy over a wide range of financial assets using their trading platform.
CELOX LIVE REVIEW : BROKER REGULATIONS
The Celox Live brand is operated Plexecom LLC which is incorporated under reg 741 LLC 2020 It is authorized by the Cyprus and Exchange Commission (CySEC) as a Cyprus Investment Firm (CIF).
Also, the company has implemented client funds segregation. In addition, it has certificates on their websites and platforms to provide a secure environment for traders and also Secure Socket Layer also known as SSL.
Also, Celox Live has definitely, worked on ensuring its clients’ protection. Thus, the broker offers:
- Website and Platform Security
- Client Funds Segregation
TRADING ACCOUNTS AT CELOX LIVE REVIEW :
To sign up for a trading account, you need to visit their website via Celox Live mobile app or at Celox Live Web platform. The minimum investment amount is €250 ( or equivalent). This amount is average compared to some other trading companies. However, once your funding is approved, you will get a Mini or Standard account depending on your deposit size.
Client Status on which you will have the benefits of negative balance protection, best execution of orders, clear and transparent information.
Additionally, you will also get assistance from the company on your trading, whether it be on your investment or your trades.
On the other hand, you can request for a GOLD Account which has the same benefit as a Retail Account just has a higher leverage option. The company assumes that by upgrading your account to a Gold one, you already have the necessary experience and knowledge of the risks concerning a particular investment and transaction.
the Mini or standard types of trading accounts are ideal for beginners trying to grasp the financial market and for professionals who are developing their trading strategies.
WHICH ASSEST CAN YOU TRADE WITH CELOX.LIVE?
Celox Live offers a wide range of assets to choose from. The company has a total of 400+ real-time tradable assets. Its most traded financial instrument is currency. All assets under this category can be sold 24 hours a day, five days a week.
Cryptocurrencies are included under this category, as well. For investors and traders looking for a high volatility-high profit asset, the Oil and Gas category is for you. You can also add Metals to your portfolio as a hedge against price fluctuations. You can participate in other country’s economies by trading their Stocks and Indices. Also, knowing the cyclical demand and supply of a specific product under the Agriculture category can make you some good profit.
Celox Live uses their platform, which is developed by Easytech ( a innovating software company for the FinTech industry) which is becoming a known trading platform among investors and traders worldwide.
Their platform allows its customers to practice and develop trading strategies using the Demo account. For the demo, you will receive an artificial account balance of €100,000 that you can use to trade on real-time asset prices just like a regular account.
The Celox Live platform is user-friendly. Traders won’t need any as no special training is required to use it.
The platform is available in Multiple languages. Here is a brief list of Celox Live trading platform:
- The live trades section shows the trading activities and deals of other Celox Live traders.
- Order Management offers traders to view live quotes on an active liquidity market with all types of available instruments.
- The platform features nine timeframes from 1 minute to 1 month.
- Efficient price and order management.
- Wallet balance, Order history, SL, TP, and pending orders are all available.
- Charts: Technical analysis is performed using the provided charts, indicators, and timeframes.
Celox Live offers Leverage feature to help its clients achieve the best possible profitable profit.
Celox Live offers different leverage, depending on the asset class. Leverage allows you to trade with a more significant account balance. Hence, these two (2) key features will be favorable for investors and traders who are looking to build their balance. However, caution is best when using multiplier and leverage, as it may magnify both the profits and losses.
Aside from leverage, investors and traders must be aware of the margin and free margin of their account. Margin refers to the total amount used when trading a specific asset.
BONUSES AND PROMOTIONS
Celox Live offers a 100% compensation bonus to all new clients only on their first deposit. The minimum amount required to open a real account is USD 250.
Now this changes all the time and there might be seasonal a]promotions that are additionally offered so bets to check with the broker before.
Celox Live WITHDRAWAL OPTIONS
The clients can access the withdrawal option by going to the Celox Live web trading platform. For the mobile app option, the client needs to select Wallet and click on the Withdraw Funds option. Withdrawal can be instant or might take two (2) to five (5) business days, depending on the payment method, before fully reflecting on the client’s Account.
For deposit, you can choose the following options:
- Credit / Debit Card – Instant, No fee
- Bitcoin– Instant, No charge
- Wire Transfer – 3-5 business days, No cost
For withdrawals, here are your options:
- Credit / Debit Card – Instant, No fee
- Bitcoin – Instant, No cost
- Wire Transfer – 3-5 business days, No charge
EDUCATION AND RESEARCH
Celox Live offers a basic, beginner level educational suite. All the materials are available on the web and trading platform.
The training is just for a new trader to understand the basics concepts of the Celox Live platform. Besides, the videos are short and clear. However, they are not meant to introduce Forex and CFD Education to a novice.
In addition, the online broker provides its clients with Market Research that comes in the form of technical analysis and a news bar. Additionally, the website features news updates on a daily basis.
However, unfortunately, there are no calculators or economic calendar.
there is a solid Market news and analysis pages that are available or all people , you do nt have to have an account to actually see these reports ( just go to the site at https://www.celox.live/market-report)
Celox Live TRADING EXPERIENCE
In addition, we can say that Celox Live is best suited for beginner or intermediate traders without a complex trading style. Besides, expert traders that perform high-level trading and require a lot of technical analysis will not find the Celox Live platforms as complex or advantageous as the MT5.
Celox review of their Customer Support
Celox Live offers multilingual customer support via phone, email, and a webpage.
- Celox Live Customer support e-mail: [email protected]
- Phone: +44 20 351 41442
- Social Media is available:
- There is no Live Chat available. However, the support assistants by way of email are swift and ready to help.
Celox Live Review: CONCLUSION
Celox Live offers a similar account, asset, platform, conditions, and payment options, just like other trading firms.
the broker is in the beginning so time will need to be the indicator of the success f the broker, but for the moment hat they are doing they are doing the correct way .
there are not many reviews out as yet and this will of course also change , now keep in mind that the broker is not regulation. this by no means mean that Celox is a fraud or celox is a scam , it just means that they do not work with the European regulators , which for many brokers is a decision based on cost and other factors( they can offer promtions and leverage, regulated brokers cannot). they keep the finances separated and work in accordance to the AML and compliance protocols. we are curious to see what will become of this brokerage in the future.
now a note of caution , trading can be difficult and never trade with funds you cannot miss , it is not for everyone and do your own homework on where you want to trade. talk to the brokers to find out what would be best for you before you star and try the demo accounts to see if the trading platforms like the celox platform is the right one for you . in this case it is a perfect platform to get started but for the professional traders dit might be a biut light.