What are the advantages of trading with Celox ?
It has always been our top priority to provide you with the best service as per international standards. Our goal is making you as an expert trader with trading experience. The Trading tools, Trading Platform and customer support is there to make that happen.
What is Forex Trading?
Forex, also known as Foreign Exchange, FX or Currency Trading, is a decentralized global market where world currencies are traded. The Forex market is the largest and most liquid market in the world with an average trading volume that exceeds $5 trillion per day.
Is there specific location of Forex market and who are the founders?
Forex market is not directly depended on the any country government and will exist, till the current banking world system exists. In other words, the Forex market is not owned by anyone in particular. Forex market – is the interbank market, all trades on it are made directly (or through the brokers) between the seller and the buyer.
What profit can I get at Forex?
The sum of your profit depends of the efficiency of your trading strategy, on how well you will learn to predict the alternation in rates tendency and naturally from the amount of your deposit.
How much time I will have to spend on education?
You will have to study continuously, if you want to become a profitable trader. Experience and knowledge in this business is of the utmost importance.
How can I open a live account with Celox?
It is very simple. You can do it by clicking on the following link: Sign up
For personal live accounts, we require 2 documents to prove your identity (colored scans), plus a proof of residence document which are no older than 6 months (PDF of your bank statement, print screens are not acceptable). Those who prefer to register by phone can contact one of our account managers to open an account.
What is the minimum deposit?
The minimum deposit for new clients is 250 ($. €, £ )
How long does it take for my deposit to arrive?
Bank wire transfer usually takes about 3 - 10 working days. The card deposit options are usually processed within a couple of hours.
Which documents are required to open a real account?
To open a real account, users must provide a proof of identity (ID, Passport or Driving License) and a proof of address (electricity bill, water bill, telephone bill or other types of official invoices).
What types of accounts do you offer?
Celox offers a wide range of trading accounts those are suitable for any trading strategy and any level of your trading experience. You can choose from our 4 account types: Mini, Standard, Gold, VIP and Islamic see the Trading accounts for more Information!
I've opened an account. What need to do next?
Very well, after you opened an account Check your email to find your account credentials details. Open the trading platform in your device such as desktop, laptop or mobile.
What type of account should I choose?
That is depends on you. But if you are new to forex trading then we would suggest you should go for the standard Account. That account is for them who have less experienced in forex market. But no worries our advisors are always available to help you out.
What is the difference between Live and Demo Accounts?
A Demo Account serves as a practice account that enables new users to enjoy a risk-free trading experience, while a Live/Real Account requires funding and may render profits or risk loss.
How do I deposit money into my Celox account?
We offer you various ways to fund your Trading account.
The most commonly used methods credit cards, wire transfers, as well as some of the larger online money transfer services like cashu, moneynet and neteller.
Credit Cards - Credit cards are considered the easiest and fastest method for funding payments. Specify the amount of funding you want to add and then start trading.
Wire Transfer - Funds can also be deposited via wire transfer - between the trader’s financial institution and our Brokerage. In order to execute the wire transfer, investors should contact their financial institution with the relevant information.
You can trade with unlimited amounts of money with wire transfers, which is not the case with credit cards. However, wire transfers can take up to 2 days (although most take 24 hours). When requested, withdrawals are placed back into this account.
Is trading possible on weekends?
The market does not operate on weekends.
At what time is it possible to perform transactions at the Forex exchange market?
International currency market (Forex) is opened from 22:00 GMT on Sunday (opening of the Australian trading session) till 22:00 GMT on Friday (closing of the trading session in the USA).
What trading platforms do you offer?
We offer 3 different trading platforms: Desktop Platform, Mobile Trader and Web Trader.
Depending on how you prefer to trade you select the right platform for you. This is a personal choice but we see that most people trade on the web trader and use the Mobile trader to keep up to date on their open positions and take advantage of the market when an opportunity presents itself when they are away from the computer
What mobile operating systems are supported?
- iPhone (IOS)
- Google Android
- Windows Mobile
Does Celox enforce restrictions on any trading strategies?
Allows all types of trading as long as they comply with the Terms and Conditions agreed to by the user.
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