摘要:Celox presents itself as a Saint Vincent and the Grenadines-based broker that provides its customers with supreme trading platforms. It also claims that it offers up tp 300:1 leverage, competitive low spreads on various trading assets, as well as a choice of three accounts.
Aspect | Celox |
Company Name | Celox |
Registered Country/Area | Saint Vincent and the Grenadines |
Founded Year | 2021 |
Regulation | Not regulated |
Minimum Deposit | $100 |
Maximum Leverage | Up to 1:1000 |
Spreads | Floating |
Trading Platforms | MetaTrader 4 |
Tradable Assets | Stocks, Forex, Cryptocurrencies, Commodities, Indices |
Account Types | Standard, ECN |
Customer Support | 24/5 live chat and email |
Deposit & Withdrawal | Bank wire transfer, credit/debit card, e-wallets |
Educational Resources | Limited |
Celox is an online trading platform that entered the market in 2021. However, it's important to note that Celox operates without regulatory oversight, which means it is not subject to the strict regulations and investor protections provided by financial authorities. This lack of regulatory oversight raises significant concerns about the broker's transparency and reliability, particularly in an industry where regulatory compliance is crucial for safeguarding traders' interests.
The broker offers traders a range of account types, including Standard and ECN accounts, with a relatively low minimum deposit requirement of $100. Additionally, Celox provides the option for high leverage, with levels of up to 1:1000, which can be appealing to traders seeking to amplify their trading positions. However, the availability of high leverage also comes with increased risk, and traders should exercise caution.
Celox is not subject to regulation by any regulatory authority, which may give rise to apprehensions regarding the exchange's transparency and supervision. Unregulated exchanges operate without the oversight and legal safeguards afforded by regulatory bodies. This situation can elevate the risk of fraudulent activities, market manipulation, and security breaches within the platform. The absence of regulatory oversight can also pose difficulties for users in addressing grievances or settling disputes. Moreover, it can create a less transparent trading environment, complicating the assessment of the exchange's credibility and dependability for users.
Pros | Cons |
Wide range of instruments | Lack of regulatory oversight |
High leverage available | Allegations of fraudulent activities |
Multiple deposit methods | Withdrawal fees for certain methods |
No deposit fees | Customer support complaints |
Access to 24/5 trading |
Pros:
Wide Range of Instruments: Celox offers access to a diverse range of financial instruments, including stocks, forex, cryptocurrencies, commodities, and indices. This variety allows traders to explore different markets.
High Leverage Available: The broker provides high leverage of up to 1:1000, enabling traders to control larger positions with a relatively small amount of capital. This can amplify potential profits.
Multiple Deposit Methods: Celox supports various deposit methods, including bank wire transfer, credit/debit cards, and e-wallets. This flexibility allows traders to choose their preferred payment option.
No Deposit Fees: Celox does not charge deposit fees, which can be advantageous for traders looking to fund their accounts without incurring additional costs.
Access to 24/5 Trading: Traders can engage in trading activities 24 hours a day, five days a week, aligning with the global forex market's operating hours.
Cons:
Lack of Regulatory Oversight: Celox operates without regulatory oversight, which means it is not subject to the stringent regulations and protections provided by financial authorities. This lack of oversight may pose higher risks for traders.
Allegations of Fraudulent Activities: There have been allegations of fraudulent activities associated with Celox, including false claims, unauthorized withdrawals, and price manipulation. These allegations raise concerns about the broker's integrity.
Withdrawal Fees for Certain Methods: While Celox does not charge deposit fees, it imposes withdrawal fees for specific methods, such as bank wire transfers (fee of $30), credit/debit cards (3% of withdrawal amount), and e-wallets (2% of withdrawal amount). These fees can affect the cost of withdrawing funds.
Customer Support Complaints: Some customers have reported issues with Celox's customer support, including slow response times and challenges in resolving inquiries effectively. This may impact the quality of service for traders seeking assistance.
Celox asserts that it provides a platform for online trading encompassing a diverse range of financial instruments. These include:
Stocks: Traders can access shares of publicly traded companies, allowing them to participate in the equity markets and potentially benefit from the performance of these companies.
Forex: The platform offers currency pairs like USD/JPY and EUR/USD, enabling forex traders to engage in the foreign exchange market, capitalizing on currency price fluctuations.
Cryptocurrencies: Celox provides access to digital currencies such as Bitcoin and Ethereum, giving traders exposure to the rapidly growing cryptocurrency market.
Commodities: Traders can trade in raw materials like oil, gold, and silver, which are essential components of various industries and often subject to supply and demand dynamics.
Indices: The platform allows trading in baskets of stocks that represent specific markets or sectors, including popular indices like the S&P 500 and the Dow Jones Industrial Average, offering exposure to broader market movements.
In addition to these trading options, Celox offers a suite of trading tools and resources to assist traders:
Real-time charts: Interactive charts provide real-time price data for financial instruments, aiding traders in monitoring market movements and making timely decisions.
Technical analysis: The platform provides tools and indicators that assist traders in analyzing price charts, identifying patterns, and spotting potential trading opportunities.
Celox offers traders two distinct account types, each catering to varying trading preferences and risk tolerance.
Standard Account:
The Standard account type at Celox is designed to accommodate traders who prefer straightforward trading conditions. With a minimum deposit requirement of $100, it provides accessibility to a wide range of financial instruments. Traders utilizing this account can benefit from floating spreads, where the spread can vary based on market conditions. While there is no explicit commission associated with Standard accounts, traders should note that the cost of trading may be embedded within the spread itself. This account type is suitable for traders who prioritize simplicity and flexibility in their trading approach.
ECN Account:
Celox's ECN (Electronic Communication Network) account is tailored for traders seeking more direct market access and potentially tighter spreads. It requires a minimum deposit of $100 and offers leverage of up to 1:1000, which can amplify trading positions significantly. Unlike the Standard account, the ECN account incurs a clear and low commission of $0.005 per 0.01 lot traded. This transparent fee structure can be advantageous for active traders who aim to minimize trading costs. ECN accounts are known for providing access to interbank liquidity, potentially leading to competitive spreads. Traders interested in ECN-style trading with market depth and transparency may find this account type appealing.
It's crucial to assess your trading objectives, risk tolerance, and experience level when choosing between these account types. Additionally, given Celox's lack of regulatory oversight and allegations of fraudulent activities, exercising caution and conducting thorough research is imperative before opening an account with this broker.
To open an account with Celox, you should proceed with caution due to its lack of regulation and allegations of fraud. If you still wish to proceed, here are the steps you can follow:
Visit the Celox Website:
Go to the official Celox website using a secure web browser.
Click on “Sign Up” or “Register”:
Look for a registration or sign-up option on the website's homepage or in the navigation menu.
Fill in Personal Information:
Complete the registration form with your personal information, including your full name, email address, phone number, and any other required details.
Choose an Account Type:
Celox may offer various account types. Select the one that best suits your trading preferences and risk tolerance.
Agree to Terms and Conditions:
Carefully read and agree to the terms and conditions presented by Celox. Ensure you understand the risks associated with trading and the broker's policies.
Complete Verification and Deposit:
Follow the broker's instructions for account verification, which may include providing identification documents. Once verified, you can fund your trading account using the available payment methods.
Celox offers its traders access to maximum leverage of up to 1:1000. Leverage is a tool that allows traders to control larger positions in the market with a relatively small amount of capital. In this case, a leverage of 1:1000 means that for every $1 of the trader's own capital, they can control a trading position equivalent to $1000 in the market.
While high leverage can amplify potential profits, it also significantly increases the level of risk. Traders should exercise caution when using high leverage, as it can lead to substantial losses if trades move against their positions. It is essential for traders to have a solid risk management strategy in place and to fully understand the implications of leverage before utilizing it in their trading activities.
Celox employs a specific pricing structure for spreads and commissions, which can impact the overall cost of trading on their platform.
Spread:
The broker offers floating spreads, meaning that the spread can vary depending on market conditions. Floating spreads often start from a baseline value and can widen or narrow in response to market volatility. This means that traders may encounter different spreads at various times, and it's essential to monitor them when entering trades.
Commissions:
Celox charges commissions on trades, and the commission structure varies based on the type of account:
For Standard accounts, the commission is $0.02 per 0.01 lot traded.
For ECN accounts, the commission is lower at $0.005 per 0.01 lot traded.
It's important for traders to understand how the spread and commissions interact when executing trades. While ECN accounts have a lower commission rate, they may offer tighter spreads due to access to interbank liquidity, potentially making them cost-effective for high-frequency traders. In contrast, Standard accounts may have higher spreads but do not explicitly charge commissions.
Celox uses the MetaTrader 4 (MT4) trading platform. MT4 is a popular trading platform that is used by many brokers around the world. It is a user-friendly platform that offers a variety of features, including:
Real-time charts: MT4 offers real-time charts of financial instruments, which allows traders to track price movements and identify trading opportunities.
Technical analysis: MT4 offers a variety of technical analysis tools and indicators that help traders to analyze price charts and identify potential trading opportunities.
Automated trading: MT4 allows traders to automate their trading strategies using Expert Advisors (EAs). EAs are computer programs that can execute trades on behalf of traders.
Mobile trading: MT4 is available as a mobile app for iOS and Android devices, which allows traders to trade from anywhere in the world.
Objectively, the MT4 trading platform is a good platform for traders of all levels of experience. It is user-friendly, offers a variety of features, and is available on a variety of devices.
Deposit Methods:
Bank Wire Transfer: Traders can fund their Celox accounts through bank wire transfers. Notably, there are no deposit fees for this method, which can be advantageous for larger deposits.
Credit/Debit Card: Another deposit option is through credit or debit cards. Celox does not charge deposit fees for this method, making it a convenient choice for traders who prefer card payments.
E-wallets: E-wallets are accepted for deposits. This method can offer swift and secure transactions. Similar to credit/debit cards, Celox does not impose deposit fees for e-wallet transactions.
Withdrawal Methods and Fees:
Bank Wire Transfer: Withdrawals via bank wire transfer are subject to a fee of $30 per transaction. Traders should factor in this cost when withdrawing funds through this method.
Credit/Debit Card: Withdrawals made using credit/debit cards incur a fee of 3% of the withdrawal amount. This fee is important to consider when choosing this withdrawal method.
E-wallets: E-wallet withdrawals are subject to a fee of 2% of the withdrawal amount. Traders should take into account this fee when opting for e-wallet withdrawals.
Minimum Deposit and Withdrawal Amount:
The minimum deposit and withdrawal amount for Celox is set at $100. This means that traders must deposit or withdraw at least $100 when using the platform.
Celox.Live provides customer support through two primary channels: live chat and email. Traders can reach out to the customer support team during regular market hours, which is 24/5, allowing for assistance throughout most of the trading week.
However, it's important to note that there have been complaints regarding Celox's customer support services. Some customers have expressed concerns about the responsiveness and effectiveness of the support team. Complaints include slow response times to inquiries and challenges in resolving issues promptly.
Celoxlacks educational resources, which can make it difficult for new users to learn how to use the platform and trade cryptocurrencies.
Some of the educational resources that are missing from Celox include: a comprehensive user guide, video tutorials, live webinars, blogs and etc.
The lack of educational resources on Celox can make it difficult for new users to learn how to use the platform and trade cryptocurrencies. This can lead to mistakes and losses, which can discourage new users from trading.
In conclusion, Celox offers a wide range of financial instruments and high leverage, providing traders with opportunities for diverse market exposure and potential profit amplification. Multiple deposit methods and the absence of deposit fees enhance convenience.
However, the absence of regulatory oversight and allegations of fraudulent activities raise significant concerns about the broker's reliability and integrity. Traders should exercise caution, especially regarding withdrawal fees, customer support issues, and variable spreads that may affect trading costs. Considering alternative, regulated brokers with robust reputations for investor protection and transparent operations, it is advisable to mitigate these risks.
Q: Is Celox a regulated broker?
A: No, Celox is not regulated by any financial authorities, which means it operates without the oversight and protections provided by regulatory bodies.
Q: What is the maximum leverage offered by Celox?
A: Celox provides maximum leverage of up to 1:1000, allowing traders to control larger positions relative to their capital.
Q: Are there any deposit fees on Celox?
A: No, Celox does not charge deposit fees, providing a cost-effective way for traders to fund their accounts.
Q: What withdrawal methods are available, and are there withdrawal fees?
A: Celox offers withdrawal methods such as bank wire transfer, credit/debit cards, and e-wallets. However, withdrawal fees apply, with charges for bank wire transfers ($30), credit/debit cards (3% of withdrawal amount), and e-wallets (2% of withdrawal amount).
Q: Can I reach Celox's customer support 24/7?
A: Celox offers customer support during regular market hours, which is 24/5, via live chat and email. Support may not be available outside these hours.
Q: Are there any allegations or issues associated with Celox's operations?
A: Yes, there have been allegations of fraudulent activities associated with Celox, including false claims, unauthorized withdrawals, and price manipulation. Traders should exercise caution and conduct thorough research before trading with this broker.