Celox Live Islamic Account | Swap free trading with Celox Live
CELOX ISLAMIC ACCOUNT:
At Celox they take the interests of our clients seriously. To cater to their Muslim-friends, they offer Islamic accounts to comply with the Sharia Law.
A Forex Islamic account, also known as a swap-free account, allows our Muslim clients to hold their positions overnight without incurring any swap or rollover interest. They can enjoy the competitive trading conditions of Celox fuss-free. We offer them the same account types – MICRO, STANDARD, GOLD.
Their Islamic accounts function just like our regular account types. The only difference is that Islamic accounts have no swaps.
Opening an Islamic account with Celox is a pretty straightforward process. Their dedicated Client Support team will process your account within 1 business day.
A confirmation will be sent to your email once done. All succeeding trading accounts opened by you at Celox will be automatically considered as swap-free.
|Broker Name:||Celox Live|
|Country:||St Vincent and Grenadines|
|Operating since year:||2020|
|Broker status:||Active, Independent|
|Languages:||english, Russian, Gerrman|
|Availability:||Monday-Friday – 08:00 to 17:00 GMT|
|Trading platforms:||Desktop (download) Mobile, Web|
|The Trading platform Time zone:||N/A|
|Bonuses:||Yes, No info available|
|Other trading instruments:||FX, CFX, Commodities, Stocks, Crypto, Indices|
|Minimum deposit ($):||250|
|Maximal leverage:||1:300 ( gold account) mini account 1:100|
|Spread:||variable & Fixed|
|Scalping & Hedging allowed:||Yes|
Celox Live Review: The Broker of a New Generation
If you have been searching for the review that will help you make one of the most important decisions in your trading career – you came to the right place as our priority is to provide you with enough information to make the most calculated choice possible.
Celox Live Review: General Information
For starters, Celox Live is a new brokerage founded in 2021. It aims to deliver its customers a new trading reality. The trading company is the online broker of a new generation. It offers an abundance of instruments, price hikes, more than 300 CFDs on assets, sophisticated and modern Analytical Instruments.
Traders can choose from three account types; we’ll talk about them later in our review. Celox.Live also offers clients to trade on more than 300+ financial CFD instruments covering Commodities, Cryptocurrencies, Indices, Shares, Metals, and Forex.
Celox Live Review: Is it a scam?
The domain www.Celox Live is the name of Plexecom LLc, which is authorized and incorporated in St Vincent and the Grenadines under reg. 741 LLC2020
Celox Live: Review of Account Types
The broker prides itself in offering its clients unique trading accounts. Each account type offers exclusive spreads and features to fit traders’ market needs to the fullest. Now let’s take a look at all of the account types and their offerings.
Celox Live offers a thrilling trading experience for all of its clients.
Mini – This account type is perfect if you are a beginner trader, and you want to feel the thrill of the financial market. With this account, you receive: Maximum forex leverage 1:100, variable and fixed spreads, 300+ CFDs on assets, 24/5 support, News alerts, Fifth decimal, Hedging.
Standard– A wonderful choice for already accomplished traders who have already achieved trading success. However, they want more. Here you’ll get maximum leverage 1:150 (for retails), variable and fixed spreads, dedicated account manager, news alerts, fifth decimal, and hedging.
PLATINUM – This account type appeals to traders that have experience in trading but want more opportunities. Max FX leverage 1:300 (for retails), variable and fixed spreads CFDs on assets, special Promotions, Dedicated account manager, News alerts, Fifth Decimal, and Hedging.
Account Opening Process with Celox Live
One thing that can be said about the account opening process on Celox Live.com is simple. Celox Live offers a refreshingly quick registration and account opening process. In fact, registration takes almost no time at all.
The broker also operates with the standard KYC (Know Your Customer) and AML (Anti Money Laundering) regulatory requirements.
As a new client, you must provide proof of your identity and address documents for verification. This can be done easily from the client portal section by uploading all the documents from your personal computer, laptop, or even mobile phone. In fact, opening an account takes three steps. The whole process is free of charge.
Step 1. – You have you fill out the registration form to create your account.
Step 2. – Afterwards, you will be offered to choose a payment method that suits you. Then you can fund your account in one click.
Step 3. – As a third step, you will have to make sure that the information is correct. After completing the third step, you will receive access to set off to the markets with supreme trading excellence.
Celox Live Review: Withdrawal and Deposit
Withdrawing and depositing your funds is an essential part when you are working with a broker company. Luckily, Celox Live has everything managed and ready.
The broker offers various available payment choices: VISA, Mastercard, Maestro, Bitcoin, and Wirecard
Celox Live offers the ability to deposit funds via credit/debit card, or bank wire transfer. In fact, traders can add or take out funds from the Celox Live broker using several options. The processing time for deposits takes up to 5 minutes. Meanwhile, withdrawals take up to five days. Compared to the broker’s competitors the speed is fast.
Traders can request withdrawals online. However, withdrawing funds only occurs from the source. Additionally, withdrawals can be the same or smaller than the amount deposited by credit/debit card.
In fact, traders may also need to provide a copy/scan of bank/credit card statements to confirm beneficial owners.
Celox Live Review: Tradable Products
The company provides users the ability to trade on more than 300+ financial instruments: currency pairs, shares, commodities, metals, cryptocurrencies, and indices.
Moreover, the broker doesn’t charge anything extra on executing trades with any product and earns only from spreads, i.e., the asking price minus the bid price.
Forex – EUR/USD, GBP/USD, AUD/CAD, CHF/JPY, EUR/NZD, etc.
Indices – AEX, DAX 30, Nasdaq 100, Nikkei 225, Crypto, BTCUSD, BTCEUR, etc.
Commodities – Brent Crude Oil, Gold, etc.
Celox Live Review: Trading Platforms
Celox Live.com offers traders the ability to trade on the Celox Trading platform – desktop, Web Trader, and mobile platforms. It’s up to you to choose the one that you prefer.
Thus, a great advantage of Celox Live is that you can trade with it on your desktop, as well as your mobile device.
The Celox Live Web platform is reachable via a web browser. Additionally, it requires no downloads. The platform has multiple chart types: +20 technical instruments and multiple asset classes, automatic stop loss/take profit functions, one-click trading option , different execution modes, history of orders, in-platform price alerts, real-time balance level, and support.
Celox Live Mobile Trading Platform
The Celox mobile trading app provides a range of different features, satisfying all brokers’ types, ranging from beginner to expert. Moreover, it allows traders to have their market in their pockets as they will always access the market. It is possible to install Mobile Trader on both iOS and Android devices.
Celox Live Review: Education
for us this is one point where we find the broker light.
A broker must provide its clients with enough educational materials to develop their trading skills. It offers some what limited educational content that fits everyone’s level of knowledge. Celox Live offers a small selection of educational materials that you can choose from.
There is thou the market report which is report on what is happening in the market and this is updated a few times a day.
additionally they have alive analysis which would also be of great benefit to the traders
Celox Live offers customer support via email, telephone, and live chat.
Email: [email protected]
Phone: 44 2035141442
Celox Live Review: Should you trade with this broker?
After everything we have just discussed, Celox Live and it’s trading offerings, Celox Live is a decent option for traders of all experience. The broker is not a scam In fact, the broker provides the ability to trade on the globally recognized Web Trader trading platform.
Celox Live can definitely be considered a credible and trustworthy broker. And you should definitely think about trading with its exquisite and trusted trading platforms.
But before you signup with any broker , talk o them and understand if they provide that what you are looking for in a forex brokerage . no trader is alike and so is also no broker alike. each offer something different while having the same package , do they support your language , deposit option, etc take everything in consideration and then make up your mind.
Please remember that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. It would be best to consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. In addition, please consider reading the full Risk Disclosure Statement presented on Celox Live.com.
As a trader, do not be afraid of moving your profit forward; however, be mindful of the risk.