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Broker Reviews

Bexplus Review: Popular Cryptocurrency Derivatives Exchange | TechBullion

Headquartered in Hong Kong, Bexplus is a popular crypto derivatives trading platform offering 100x leverage futures trading on a secure and professional platform. Established in 2017, it runs offices in Singapore, Japan, US and Brazil and is constantly expanding worldwide.

Headquartered in Hong Kong, Bexplus is a popular crypto derivatives trading platform offering 100x leverage futures trading on a secure and professional platform. Established in 2017, it runs offices in Singapore, Japan, US and Brazil and is constantly expanding worldwide.

In this review, we’ll be taking a look at what Bexplus has to offer and ultimately, whether it is an ideal platform for you to engage in leveraged trading. 

Bexplus Exchange: Facts

Features

The Bexplus platform is packed full of features to make trading easier and more profitable. It is famous for its intuitive trading interface and attentive 24/7 customer support. Bexplus is suitable for both beginners and veterans.

Privacy – No KYC required, registration only requires email confirmation

Flexibility – make profits on the ups and downs of the market

Profitability – 100x leverage enhances the profitability 100 times

Top ranking mobile apps – trade on the go with Bexplus’s full-featured mobile apps

Contract type – perpetual contract with no expiry

Coin swap – swap cryptocurrencies with “Changelly” without having to register an account

Languages – English and 14 other languages

Support – 24/7 customer support

Intuitive Interface

On first glance, what Bexplus attracts me most are the user-friendly trading engine and demo account. I have tried several trading platforms but usually they don’t provide a demo account, for those that do, I have to apply for one through the customer support. In the demo account are 10 BTC for practice and they are replenishable. You can try out different strategies and familiarize yourself with the trading engine. On the left sidebar are different analytical tools. Even if you are a beginner, you can learn to analyze the market with them. 

 trading interface

 trading interface

The trading interface is the most concise one I have ever tried, so you won’t get lost in all the jumping figures and functions. Besides, on the lower right is the information about your account, including account balance, margin used and forced liquidation amount. You can know if your positions are approaching liquidation and take action accordingly. 

Fee

Fee is one of the biggest concerns for most traders. There is no fee for deposit. Bexplus charges a 0.075% service fee for 100x leverage. In addition to this, Bexplus has an overnight fee, that is, traders need to pay 0.1% of the contract value as loan interest if they open and hold a position at GMT 0:00. If they close it before GMT 0:00, no fee is required. Other platforms such as Phemex and BitMex will charge traders a dynamic funding fee every 8 hours, so I think the fee in Bexplus is more favorable.

Account: Register and Login

Registration is very simple and quick, all you need is to provide your email address. 

account

account

Deposit & Withdrawal

Traders can begin by depositing 0.001 BTC. Bexplus supports Bitcoin, ETH, and 11 other cryptocurrency deposits, as well as USD, EUR, and GBP deposits. With one Visa Card, you can start your journey of accumulating bitcoin.

There is no deposit fee and Bexplus will charge 0.0005 BTC for withdrawal. This is better than most platforms which charge 0.001 BTC. 

Traders can file withdrawal requests 24/7 and usually it takes less than an hour to receive your bitcoin during work hours. 

Bexplus supports Bitcoin, ETH deposits

Bexplus supports Bitcoin, ETH deposits

Once again, they didn’t ask for my personal information, just my email confirmation. If you are sensitive to personal information, Bexplus could be the ideal platform for you. 

Security

2FA(provided by Google Auth) is adopted to ensure account security. Bexplus offers protection against DDoS attacks and is encrypted with SSL, multi-signature technology. Most of the bitcoin is stored in the offline storage system (“Cold Wallet”).

Powerful Mobile Support

Bexplus apps rank at the top at App Annie. It is very easy to use and includes all the necessary functions. I like the 24/7 notification most, for it can keep me updated in times when I can’t keep staring at the market. 

special offers

special offers

Special Offer – Up to 30% Annualized Interest BTC Wallet

The newly launched interest-bearing wallet offers annualized interests up to 30%. I must say this is the best rate in the industry. As long as traders fulfill the requirements, they can earn 30% passive income with their bitcoin. 

Annualized Interest BTC Wallet

Annualized Interest BTC Wallet

Revenue Settles Monthly

The monthly interest is calculated as (S*I/365*30)=MI. S represents the sum of the deposit, I stands for interest, and MI is the monthly interest.

If you deposit 10 BTC in your wallet, the monthly interest you would receive is (10*30%/365*30)=0.24 BTC. Traders can start by depositing 0.05 BTC.

No Penalties for Early Withdrawal

Withdrawal requests will be processed within 1 day with no penalties for early withdrawal. If you withdraw your deposit on the tenth day of the month, you can still receive the interests generated within this period. 

Independent to The Trading Account

The deposits can not be used for trading nor will it be calculated as margin. So even if your positions get liquidated during huge price swings, the deposits in the wallet will still be intact.  Transfer between the trading account and wallet is instant and free. 

Bonus – 100% Deposit Bonus

Bexplus is holding a 100% deposit bonus and it is quite a juicy offer. If you deposit 10 BTC, you will get 20 BTC in total. Although we can’t withdraw the bonus, the profits made by it are withdrawable. With more BTC, I can open bigger positions and they are less likely to get liquidated.  

If you deposit 10 BTC, you will get 20 BTC in total

If you deposit 10 BTC, you will get 20 BTC in total

Conclusion

To summarise, Bexplus is a very user-friendly platform and I would recommend it to beginners or less experienced traders without hesitation. But since it only offers crypto leverage trading, you can try other platforms if you are more interested in spot trading or other trading pairs. 

Of course, there is room for improvement in some aspects. Mainly, it only accepts BTC deposits and I had to buy them in Changelly first. Not only did I have to pay a service fee, but the process was quite tiring if I wanted to buy bitcoin in small amounts for a few times. But all in all, it caters to most of my needs and I don’t see myself going to other platforms anytime soon. 




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Broker Reviews

Celox Live Review – Demo Account – top 100 Broker ?

Introduction to Celox Live Review 

Let us start from the beginning. People should keep in mind that Celox Live offers a wide array of tools to invest in the capital markets. It is possible to create a portfolio with cryptocurrencies, stocks, commodities, ETFs, and more.

it is a new brokerage that has just opened its door. that said, Celox Live has the ability to offer exemplary services and products.

To get more details proceed with Celox Live review. In next sections we will provide a detailed professional analysis of the broker and its offerings.

Broker Name: Celox Live
Broker Type: CFD broker
Operating since year: 2020
Regulation: Only KYC/AML
Broker status: Independent STP Broker
Customer Service
Phone: +44 2035141442
Email: [email protected]
Languages: English, German , Russian
Availability: phone, email, Social Media
Trading
Trading platforms:  Desktop, Mobile and Webtrader
The Trading platform Time zone:
Demo account: Yes
Mobile trading: yes
Web-based trading: yes
Bonuses: yes
Other trading instruments: Forex, CFD, crypto, commodities, indices, stocks
Account
Minimum deposit ($): $250
Maximal leverage: 1:300

 

Celox Trading Products and Interesting Details

Celox Live offers interesting trading products. Let’s start with commodities. It is worth mentioning that commodities trading has been an essential part of human history. In the modern world, commodities are mainly traded in two forms: cash settlement and forward settlement. As a reminder, when it comes to a cash settlement, the clearance date is in the near future, whereas, in a forward settlement, the clearance date is way further in the future and prices usually have wider spreads.

Interestingly, it is possible to trade different types of commodities. For example, oil and natural gas. Moreover, precious metals such as gold and silver.

It is worth mentioning that the most popular way to trade commodities is through futures contracts where there is an agreement to buy or sell a particular amount of the underlying commodity for a particular price at a later date. As a reminder, futures exchanges standardize the minimum quality and quantity of a commodity to be traded.

Interestingly, there are two types of traders in the commodity futures market: buyers and producers, as well as speculators. Importantly, buyers and producers use the futures market as a way of hedging against changes in prices. Moreover, this group of traders actually make or take delivery of the tangible commodity when the futures contract expires.

Notably, the other group, speculators seek to benefit from the price changes of futures contacts. Furthermore, they will close their contracts before the due date and will never make or take deliveries.

Celox Live: cryptocurrencies

Let’s have a look at cryptocurrencies as well. It is no secret that cryptocurrencies gained popularity all over the world. Importantly, cryptocurrencies are a new and exciting asset class. People should take into account that a cryptocurrency is acryptocurrencies that exists purely in computer mode and is decentralized. Cryptocurrencies use cryptography to regulate as well as create additional units.

The most famous and largest cryptocurrency is Bitcoin. Nevertheless, there are more than 2,000 crypto coins and tokens available online.

Interestingly, thanks to Celox Live, users can speculate on the price movements of various cryptocurrencies. Moreover, they can control a bigger trade position on their favorite cryptocurrency, with less capital outlay, by utilizing margin. Furthermore, it is possible to trade from any place at any time thanks to Celox Live Mobile App.

Moreover, the firm’s robust trading platforms feature multiple order types, advanced charting tools, market analytics, and comprehensive market research. Also, the customer support team is highly responsive and available round the clock 24/6.

It is possible to trade the largest cryptocurrencies . Hopefully, Celox Live is using top security technologies, and this fact underlines the importance of such systems.

Interestingly, the foreign exchange market is the largest market in the world, with a daily turnover of more than $6 trillion. Notably, forex has no physical or centralized location, and it is open 24 hours a day.

People should keep in mind that, forex trading is essentially the simultaneous buying of one currency and selling of another, on this massive decentralized global market. It is possible to speculate on the prices of more than 300 major, minor, and exotic currency pairs, on the firm’s intuitive and powerful platforms.

Trading Indices and Stocks with Celox

It is worth noting that an index is a weighted statistical average and measures the performance of a selected group of stocks. For example, analysts, economists, as well as investors use indices to assess the overall economic performance of a particular industry, exchange, market sector, or even country.

Importantly, the most common and well-known indices include the S&P 500, Nasdaq 100, Dow Jones Industrial Average, and the FTSE 100. Notably, the S&P 500 is an index of the 500 largest publicly traded companies in the U.S.

It is possible to trade major indices with Celox, such as the UK 100, US 30, Euro 50, and Germany 30. Moreover, some of the indices are also available for trading outside normal trading hours. It means people have the opportunity to speculate on their prices even if the markets are closed.

For instance, trading out of normal trading hours has the following benefits: increased flexibility and better prices. Thanks to increased flexibility it is possible to buy and sell over a larger period of time. As a result, people have more options and opportunities. Also, when it comes to better prices it is possible to take profit as well as trigger stop loss orders during out-of-session trading hours. Customers will probably receive better prices and avoid possible market gaps and slippages when the underlying market opens.

As a reminder, stocks and shares represent units of ownership equity in a company. Stocks give shareholders voting rights and a guarantee of the equal distribution of profits in the form of capital gains or declared dividends.

 

Celox Live and its Platform

It is hard not to mention its platform. Hopefully, it is quite easy to use the platform. Moreover, cfdadavanced.com offers numerous videos that will guide you through all the features on the platform.

celox trading platforms

celox trading platforms

As a reminder, trading is simple. The first step is to select an asset. All users have to do is click on the “asset” tab on the platform. They need to choose a preferred asset from their extensive tradable asset selection offered by the firm.

The next step is to decide on the amount a trader wants to invest in any given trade. Unsurprisingly, the higher the investment, the higher the potential rewards.

Moreover, it is important to make a decision, whether to go short or go long on his or her preferred asset. Hopefully, advanced charts, graphical trading tools, technical indicators, and live analysis helps to make an informed decision on probable future price movements.

It is important not to forget about risk factors. When a trade position is open, customers should protect their positions from market risks. Customers should use Stop Loss and Take Profit orders. Thanks to Stop Loss orders it is possible to reduce potential losses. Moreover, Take Profit orders allows users to lock in their profits.

Users should keep in mind that, Stop Loss and Take Profit orders will automatically close their positions when triggered.

Celox Live and Education

Hopefully, Celox Live offers interesting information. It is desirable to read every chapter of the guide. Moreover, people will find this guide brimming with information for their financial education. Furthermore, Celox Live’s goal is to educate investors and bring transparent investing to anyone who wants it, not just the elite.

Thanks to the guide, which is available on Celox Live, users will learn many interesting tips. For example, they will learn which kind of stocks will let them sleep at night. Moreover, they will find five different ways to hold precious metals and other assets for added security. It is desirable to have a look at the information provided by Celox Live.

celox live market reports

celox live market reports

Fees and Charges at Celox Live

Full STP Technology – NO conflict of interests

  • Trades are placed with leading liquidity providers, often tier-1 banks and ECN’s to ensure there is no dealing or intervention performed on your trades.
  • Accurate real time prices that mirror the global market conditions. You will benefit from more competitive pricing (tighter spreads), no-requotes and price improvements.
  • No restrictions or limitations on trading strategies like scalping, hedging and news

It is worth noting that Celox Live offers customers most of its fees free of charge. Moreover, they provide detailed information about the few fees they ask from customers.

Customers should keep in mind that additional fees could be applied to their accounts, depending on the trading activity.

 

Celox Live Review: Conclusion

As can be seen from the review of Celox Live, it makes sense to cooperate with this firm. . Moreover, its website provides many interesting details, and it is desirable to have a look through their website to see how well Celox Live suits you.

We strongly hope that this Celox Live review will give you accurate information about the broker enabling you to make the right decision of choosing this broker.

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Broker Reviews

12Trader Demo Account Review

12trader demo account review

12Trader Demo Account Review

When Trading with Any broker you have to carefully consider which of the Forex brokers meets your requirements for trading platform, Mobile trading, social trading or trading signals.  There are many forex broker reviews that do not go beyond the minimum deposit, account type and deposits and withdrawals options with a broker.

But we try in this broker review to show you that 12 trader can hold its own among forex brokers. The financial markets since when you trade forex, (you capital is at risk), requires to have access to a solid support team of wide range financial experts and 12trader is offering exactly this . for beginning traders and the more seasoned ones there are not many brokers offering better service

12trader demo account review

 

12Trader is an online Forex, CFD and cryptocurrencies trading platform. They have been on the market no that long but already slowly started to gather some followers.

The maturity of the company is due to the fact that the founders are all people that have been active within this industry for years. As such their combined knowledge and experience has taken this new brokerage to higher service and trader experience within a few years where an other broker might have taken longer.


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12Trader Demo accounts and live trading

When you want to become a trader, professional or as a way to supplements your income and even those that just look to add some excitement to their lives, 12Trader gives you the option to open the 12trader demo account that will allow you to start trading without actually having to put up any funds.

I believe that every trader should always first open a demo account. The 12trader demo account allows you to learn about the mechanics of trading and develop and test your acquired trading skills and processes without any risk.


12Trader Trading Education

On the 12Trader Forex Broker website, you have straight away access to several tools that are to educate you on what trading actually means and what you should be aware of.

The courses are separated in clear categories and if you go through all of them you will find that you have become knowledgeable in topics that you were not even aware existed a few days earlier.

The reason this broker is doing that or any other broker for that matte is that for them money is in the retention not in a new client that puts $50 loses it and never wants to trade again, as they earn on the spread they want you to trade make profits and keep on trading. This requires patience and education.

Since they also understand that most people are inherently lazy everything is made for you to sit watch and just absorb.


12trader Free Signals

When you start, trading signals are one of the tools you should use to learn how to identify a good trading opportunity. This broker offers free signals to their traders and this will be a perfect opportunity for traders to test their signals and see if they are any good. At the same time, it will show traders when to enter the market and what to do.

Even I have been trading for years I still use signals as a tool to test my strategy and see if I missed anything, so once you start using them it will be hard to let go. The good thing is that this broker keeps on providing quality signals so you don’t have to trade without.

That said I urge you to never take them for law and always due your own analysis of the markets.

 


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Trading Platforms

In order to provide the trader with the rifght trading experience and trtrading conditions 12trader is using the Sirix Trading platform.

This platform is an  advanced web based trading platform which requires no download or software installation is required. The 12traders platform comes with a extensive charting package and a wide range of technical indicators that enable traders to stay updated with all the latests market developments.


Social Trading

The 12trader trading platform offers also an aspect of social Trading. This Feature Helps them to shorten their learning curve. the social Trading options offers you access to the live trades of others.

These live trades and pending orders show what other traders are doing and you will be able to see how many other traders have copied these trades. This is like a social trading indicator that will give you the trend at that moment

placed by other traders as well other updates such as how many people copied the trade. If you like you can directly copy trades from the “Social Stream”.

In addition, you can follow traders that you believe to be very good by analyzing their historical performance data. Once you have located a few of these traders (you are not limited but I would suggest to just follow a few) you can “watch” them.

Their activity is then updated in your “Traders I watch” stream which then gives you the opportunity to actually just automatically copy their trades. This is an amazing feature but be careful with this as you basically let someone else trade with your money.


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12trader trading accounts

this broker offers different trading accounts in order to accommodate all level of traders,

there is another type of account but those are on invite only as they are for a minimum $100,000 investment.

12trader demo account different account types


 

12trader demo account Conclusion

The 12trader demo accounts is one of the better demo accounts for beginning traders, this fresh and young broker deserves the benefit of the doubt and is on its way to make a solid and respectable name for itself

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Broker Reviews

CMSTrader Demo Account Review

CMSTrader Demo Account Review

  • Name :CMSTrader
  • Website : cmstrader.com
  • Established :2013
  • Regulation :FSP
  • Country :United Kingdom
  • U.S. Clients Allowed :No

CMS Trader is a Forex broker which was released onto the market in early 2017. It was founded by a number of professional traders. they offer over 50 Tradable assest

they have recently added for this also the cryptocurrencies to their offering ., and now you are able to trade Bitcoin, Ethereum, Litecoin  and i am sure more are to follow

You can choose from a variety of trading platforms. The minimum requirement to open account. ECN type is available if you plan to trade with a minimum of $500. in my opinion even $500 is not enough for an ECN account but with this broker you can.

Otherwise, you can open your standard Trading account with just 250 dollars and start trading online.


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CMSTrader Demo Account

CMS Trader has developed a simple structure trading environment where everyone can trade without to much hassle.

this is a good demo account for another trading platform besides the all known metatrader 4 . On this trading platform which is the Sirix Platform ( more about that later) you will be able to trade through their web interface on a very intuitive trading platform made for an improved trading experience.

This platform besides the regular charting and features that most offer also has a basic social Trading module which sallow new traders to see the overall trend among the traders, this is useful for anyone that wants to start trading and makes this demo account even more valuable,

you receive a $10,000 virtual Money account that is open for a whole month for you to understand 

  1. if this is the right broker for you
  2. if this is the right trading platform for you.
  3. The quality of the brokerage
  4. the trading conditions and trading environment.

 

besides the CMSTrader Demo Account one of the most important services is the free Trading Signals Service.

When you trade with Cms trader you will receive daily recommendations on the major currency pairs, also you can receive recommendations on commodities, stocks and indices by email or a text Message.

this is a highly regarded service and flagship feature of this Brokerage.

 


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Trading Education

There is nothing better than a Forex trading and crypto trading tool offering continuous opportunities for one to expand his or her investment knowledge and skills. CMSTrader broker’s education center offers exactly this.

as an account holder you have unlimited access to their complete educational materials. These consist out of  diverse courses ,tutorials , videos and daily market news and analysis

 


CMSTrader Account Types

There are three main CMSTrader account types

Traders are allowed to choose the the account type that they think would be best for them .

Mini Account Type: 

  • initial investment of $500
  • leverage of 1:200,
  • a minimum trading volume of 0.10.
  • Hedging is allowed
  • daily market signals
  • spread is fixed.

Silver Account Type: 

  • The minimum deposit $10,000 a
  • 1:200, 1:300, 1:400 leverage,
  • daily market reviews,
  • a Personal Account Manager,
  • Financial and Risk Management Plan,
  • Personal Invitation to VIP events.
  • Hedging is allowed
  • daily market signals
  • spread is fixed.

Gold Account Type:

  • minimum deposit – $50,000.
  • Monthly Performance Report,
  • the spread could be fixed or variable,
  • Special Ventures,
  • the ability to carry out expedited withdrawals.
  • 1:200, 1:300, 1:400 leverage,
  • daily market reviews,
  • a Personal Account Manager,
  • Financial and Risk Management Plan,
  • Personal Invitation to VIP events.
  • Hedging is allowed
  • daily market signals

Besides these account they offer also and Islamic Account

 The account was designed according to the Sharia law.


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CMSTrader Trading Platforms

Traders at CMSTrader are able to trade on the Sirix Web Trader, Sirix Mobile Trader and Sirix Station.

Sirix Web Trader: This is the best trading platforms offered by CMSTrader It can easily be accessed by anyone regardless of the type of account used.  the Platform is very easy to understand and shoudl allow traders to start trading within no time.

Sirix Mobile Trader: CMSTraders trade-on-the-go platform.  since more and more people want to be able to trade regardless where they are , Sirix Mobile Trader is the answer.

Perfect for those traders that also use the CMSTrader Signals This platform needs to be downloaded and installed on mobile devices.

Sirix Station: This is the only trading platform at CMSTrader thats available on immediate and advanced accounts (Silver and Gold).

This platform has to be downloaded and installed on the PC.


CMSTrader Customer Support 

Their multi-lingual support team represents reliable financial and technological assistance to their clients 24 hours a day and 6 days per week for any trading issue they face.

Each of the staff members undergoes professional training by industry professionals. they have the right knowledge to help you along and if you are gold or silver you have your personal account manager to to handle your affairs in relation to CMStrader.

Conclusion

The CMSTrader Demo Account is viable option. for those that want to trade on a demo accout , especially if you look for an alternative to the metatrader 4 brokers.

Their platform offers a wide array of training features and is very highly regarded for providing stable trading results.

 


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