Is Celox a reliable crypto broker where you can trust your bitcoin trading account?
Read this honest Review and learn more information about Celox, so you can personally decide if this Broker fits to your needs!!
About Celox (The Company)
Celox is a margin trading crypto broker, a registered company in St Vincent & Grenadines (an offshore IBC company probably), but the team is working from their European office. They do hold a corporate kind of license (and they are obligated to work under the restriction set by the ST Vincent and the Grenadines law).
Signing up is easy and fast, just using an email and a password. The is no KYC required in the beginning thou they will ask for this the moment you ant to windraw your funds, this is in order to make sure they are working in accordance with the latest AML requirements.
According to the CEO of Celox,:
Celox’s mission is to be the most reliable, transparent forex Broker, and make trading smooth, secure and accessible for traders worldwide.
Celox accepts the main fiat currency deposit, in addition to Bitcoin. So if you want to trade to Celox there are multiple way to fund your account
Sign Up Process, Deposits and Security
As mentioned before, the sign up process is extremely easy.
You just need an email and a password to sign up.
Visit Celox webpage and click the ‘Register’ Link. You will find it on the right top of their website.
Sign up by enter your Email (you can use any email account if you don’t want to use your personal), select a Password (you can keep this password offline if it is hard to remember) and a write a Nickname.
Verify your account through the link that Celox sent you in your email. You are done.
After your account is validated you have to deposit a crypto to start trading. In Celox you can deposit Bitcoins or USDT (USD Tether).
After the deposit is finished, you can start trading immediately using technical analysis charts found in the platform.
Start placing a long/short position on any of the available pairs at any price.
Cryptotrading in Celox using leverage is possible using your mobile or tablet device. Mobile apps (Android and iOS) are available.
At the time of publishing this article, Celox exchange does not accept traders living in the following countries:
United States of America, Cuba, Iran, North Korea, Sudan, Syria, Crimea
Celox accepts traders from Australia, Canada, Nigeria, Germany, UK, Sweden, Norway, Middle East and all other countries in the world.
Celox pays the highest attention to security issues, trying to offer the highest level of protection to its clients.
Celox has hired a group of elite engineers and professionals of Forex and cryptocurrency all over the world.
Stable server: Celox has never had a system break down nor has encountered an overload since launch.
Data transfer via an SSL security connection with encryption of information helps to prevent the interception of user data by a third party while working with the website, no matter where you are.
Protection from Negative Balance
Celox company makes compensations of the clients’ losses that exceed the amount of funds on their trading accounts. This means that when negative balance takes place because of a sharp movement on the market, it will be set to zero in order to protect the clients from the unexpected losses.
Multilevel system of servers
Infrastructure, which consists of multiple servers, supports uninterrupted work of the system. And a complex scheme of data backup helps to prevent loss of the clients’ information (personal data, history of commercial transactions, etc.) in any situation.
International security standard
Internal procedures of the company are based on the PCI DSS security standard, which involves a complex approach to information security of the clients’ data.
Data storage protection
Data of users is protected not only while transferring between the company’s website and the browser, we also provide an encryption of all stored information that helps to prevent unauthorized access to the data of our clients.
Celox is a new marging trading exchange aspiring to attract newbie and experienced traders. The company has no complaint history up to day, has a strong security aware and offers safe margin trading with high leverage. Celox is competing with other Trading companies such as Avatrade, Onorio etc.
These competitors offer similar services such as anonymous trading accounts, high leverage trading etc, however we think that a cryptotrader should give a trading opportunity to Celox by signing a Real Trading Account and start trading in Celox.
Celox is a new marging trading exchange aspiring to attract newbie and experienced traders. The company has no complaint history up to day, has a strong security aware and offers safe margin trading with high leverage. Celox is competing with other Trading companies such as Avatrade, Onorio etc. These competitors offer similar services such as anonymous trading accounts, high leverage trading etc, however we think that a crypto-trader should give a trading opportunity to Celox by signing a Real Trading Account and start trading in Celox.