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FXlift Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.fxlift.e..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM) to enhance the security of the company's address 2 Iapetou Street, Agios Athanasios, 4101 Limassol, Cyprus

FXlift Forex Broker

Basic Information

Registered Region

Cyprus

Operating Period

Company Name

Notesco Financial Services Limited

Abbreviation

FXlift

Company employee

Customer Service Email Address

support@fxlift.eu

Contact Number

+35725054210

Company Website

https://www.fxlift.eu/en

Company address

2 Iapetou Street, Agios Athanasios, 4101 Limassol, Cyprus

Keywords

10-15 years

Regulated in Cyprus

Market Maker (MM)

Suspicious Scope of Business

High potential risk

Company profile

Aspect Information Registered Country/Area Cyprus Company Name FXlift Regulation Cyprus Securities and Exchange Commission (CySEC) Minimum Deposit Not provided (varies by account type) Maximum Leverage Up to 1:30 Spreads Competitive spreads (varies by account type) Trading Platforms MetaTrader 4 (MT4) on PC, Mac, Android, and iOS Tradable Assets Shares, Forex, Metals (XAU, XAG), Spot Indices, Commodities, Futures Contracts Account Types Standard, Gold, Platinum (Live accounts); Demo account available Customer Support Telephone and email support Payment Methods Credit/Debit Card, BANK WIRE, Neteller, Skrill Educational Tools Live Economic News, Economic Calendar, Live Currency Rates General Information& Regulation FXlift is a trade name of Notesco Financial Services Limited. Notesco Financial Services Limited is a company registered in Bermuda, authorised and regulated by CySEC (CySEC no. 125/10). FXLift is a multi-asset brokerage firm that provides a global clientele with straightforward access to the various financial markets, including forex, spot metals, indices, commodities, futures, shares, and more. However, FXlift does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. Regulation FXlift operates under the regulatory authority of the Cyprus Securities and Exchange Commission (CySEC). It holds a Market Making (MM) license (License No. 125/10) issued to Notesco Financial Services Ltd., its parent company, since November 16, 2010. This regulatory status ensures that FXlift complies with rigorous standards set by CySEC and Cyprus, prioritizing investor protection and market integrity. Clients can trust in the institution's commitment to adhering to these regulations when engaging in financial activities. Pros and Cons Pros Cons Regulation: Regulated by CySEC, ensuring investor protection and market integrity. Limited Leverage: Maximum leverage up to 1:30 may be lower than some traders prefer. Diverse Instruments: Offers a wide range of financial instruments, including shares, forex, metals, spot indices, commodities, and futures contracts. No Cryptocurrency: Does not offer cryptocurrency trading, limiting exposure to this asset class. Competitive Spreads: Competitive spreads across different account types. Limited Account Types: Offers a limited number of live account types. Educational Resources: Provides live economic news, an economic calendar, and live currency rates. No Cryptocurrency: Does not offer cryptocurrency trading, limiting exposure to this asset class. User-Friendly Platforms: Offers the versatile and popular MetaTrader 4 (MT4) platform on various devices. Limited Customer Support Channels: Offers telephone and email support but lacks live chat support. Transparent Fee Structure: Transparent fee structure with no commissions on live accounts. Limited Cryptocurrency: Does not offer cryptocurrency trading, limiting exposure to this asset class. FXlift offers several advantages, including robust regulation, a diverse range of financial instruments, competitive spreads, and educational resources. The platform provides a user-friendly MT4 trading experience and a transparent fee structure with no commissions on live accounts. However, it has limited leverage options, a limited number of live account types, and lacks cryptocurrency trading. Customer support options could also be expanded to include live chat for more immediate assistance. Traders should consider these factors when choosing FXlift for their trading needs. Market Instruments FXLift is a multi-asset brokerage firm that provides a global investors with straightforward access to the various financial markets, including forex, spot metals, indices, commodities, futures, shares, and more. Account Types FXlift provides a variety of trading accounts, including three live options – LIVE FLOATING - STANDARD, LIVE FLOATING - GOLD, and LIVE FLOATING - PLATINUM – as well as a demo account for practice. LIVE FLOATING - STANDARD: The Standard account is suitable for traders of all levels. It offers an average spread of 2.1 pips, flexible leverage up to 1:30, and the choice of base currencies, including USD, EUR, and CZK. The minimum lot size is 0.01, and there are no commissions. Traders benefit from a dedicated account manager available 24/5 and a Dealing Department Transaction Hotline. LIVE FLOATING - GOLD: The LIVE FLOATING - GOLD account is ideal for those seeking tighter spreads, particularly in USD trading. It offers an average spread of 1.7 pips, leverage up to 1:30, and a minimum lot size of 0.01. There are no commissions, and traders have access to a dedicated account manager and a Dealing Department Transaction Hotline, both available 24/5. LIVE FLOATING - PLATINUM: The LIVE FLOATING - PLATINUM account is the premium choice, providing an average spread of just 1.5 pips for USD trading. It features leverage up to 1:30, a minimum lot size of 0.01, and no commissions. Traders receive dedicated account manager support, available 24/5, as well as access to a Dealing Department Transaction Hotline. Demo Account: FXlift also offers a demo account, allowing traders to practice and refine their strategies without risking real capital. It's a valuable tool for both novice and experienced traders to explore the platform and build confidence before live trading. Leverage FXlift offers a maximum trading leverage of up to 1:30 for its trading accounts. This means that traders can control a position size up to 30 times their initial capital. Leverage can amplify both potential profits and losses, so it's important for traders to use it judiciously and fully understand the risks involved. FXlift provides this leverage option to accommodate various trading strategies and risk tolerance levels while ensuring responsible trading practices. Traders should always consider their risk management strategies and the impact of leverage on their trading decisions. Leverage FXlift offers a maximum trading leverage of up to 1:30 for its trading accounts. This means that traders can control a position size up to 30 times their initial capital. Leverage can amplify both potential profits and losses, so it's important for traders to use it judiciously and fully understand the risks involved. FXlift provides this leverage option to accommodate various trading strategies and risk tolerance levels while ensuring responsible trading practices. Traders should always consider their risk management strategies and the impact of leverage on their trading decisions. Spreads & Commissions Spreads: Spreads refer to the difference between the buying (ask) and selling (bid) prices of a financial instrument, such as a currency pair, and they play a crucial role in trading. FXlift provides varying spreads depending on the chosen trading account type: LIVE FLOATING - STANDARD: Traders opting for the Standard account can expect an average spread of 2.1 pips. This means that when entering a trade, there is a 2.1-pip difference between the price at which they can buy and sell a currency pair. The Standard account offers competitive spreads for traders looking for a solid foundation to start their trading journey. LIVE FLOATING - GOLD: The Gold account offers a tighter average spread of 1.7 pips, making it particularly suitable for those who focus on USD-based trading. A lower spread can potentially reduce trading costs and enhance profitability, especially for traders who frequently deal with USD currency pairs. LIVE FLOATING - PLATINUM: The Platinum account stands out with its highly competitive average spread of just 1.5 pips for USD trading. This tight spread is designed for traders who prioritize minimal costs and seek the most favorable pricing conditions for their trades. Commissions: FXlift has a transparent fee structure, and it's important to note that there are no commissions charged on trades for any of its live accounts. This means that traders can execute trades without incurring additional commission fees, regardless of the chosen account type—Standard, Gold, or Platinum. By offering commission-free trading, FXlift aims to provide traders with cost-effective options and flexibility in their trading strategies. Traders can focus on managing their positions and risk without the burden of commission costs, which can be especially advantageous for those who engage in high-frequency or short-term trading. In summary, FXlift provides varying spreads across its live account types to cater to different trading preferences and strategies. Additionally, the broker offers a commission-free trading model, allowing traders to execute trades without incurring commission charges, enhancing the cost-efficiency of their trading activities. Trading Platform FXlift provides a versatile and secure trading experience through the MetaTrader 4 (MT4) platform on PC, Mac, Android, and iOS devices. Here are the key features: MT4 for PC and Mac: Security: Ensures safe trading. Trading Signals: Access trading signals. Portfolio Management: Monitor and manage positions. Real-time Quotes: Get live pricing data. Advanced Charting: Use in-depth charting tools. News: Stay updated with streaming news. Activity Reports: Detailed trading reports. MT4 Android and iOS Traders: Order Flexibility: Supports various order types. Real-time Quotes: Provides live market prices. Interactive Charts: Analyze trends with interactive charts. News Updates: Stay informed with real-time news. Trading History: Review past trades. Execution Options: Choose from different execution modes. User-Friendly: Easy-to-use interface. FXlift's MT4 platform ensures a secure and feature-rich trading experience across different devices, meeting traders' diverse needs. Deposit & Withdrawal FXlift offers an efficient and secure system for depositing and withdrawing funds. Here's a brief description of the options: Deposit Options: Credit/Debit Card: No deposit fees, up to USD 5,000 per transaction. BANK WIRE: No FXlift fees, but fees may apply from corresponding and intermediary banks. Neteller: Fee-free deposits, up to USD 50,000 per transaction. Skrill: Fee-free deposits, up to USD 50,000 per transaction. Withdrawal Options: FXlift allows easy withdrawals using the same methods mentioned above. Transactions are automated for swift processing. Cash deposits are not accepted for security reasons. Please note that maximum transaction amounts and potential bank fees may vary based on the chosen method. Customer Support Summary FXlift is a regulated online trading platform under the authority of the Cyprus Securities and Exchange Commission (CySEC). It offers a diverse range of financial instruments, including shares, forex, metals, spot indices, commodities, and futures contracts. Traders can choose from various account types, including Standard, Gold, and Platinum live accounts, as well as a demo account for practice. FXlift provides a maximum trading leverage of up to 1:30 and competitive spreads across its account types. The platform offers efficient deposit and withdrawal options, automated trading, and educational resources to cater to traders of all levels. With the versatile MetaTrader 4 (MT4) trading platform available on multiple devices and responsive customer support, FXlift aims to empower traders to navigate the financial markets effectively. FAQs Q1: What is the regulatory authority for FXlift？A1: FXlift operates under the regulatory authority of the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with rigorous standards to prioritize investor protection and market integrity. Q2: What financial instruments can I trade on FXlift？A2: FXlift offers a wide range of financial instruments, including shares, forex, metals, spot indices, commodities, and futures contracts, providing diverse trading opportunities. Q3: What are the account options available on FXlift？A3: FXlift provides several account types, including Standard, Gold, and Platinum live accounts, accommodating different trading preferences. Additionally, there's a demo account for practice. Q4: What is the maximum leverage offered by FXlift？A4: FXlift offers a maximum trading leverage of up to 1:30, allowing traders to control positions up to 30 times their initial capital. Q5: Are there any commissions on FXlift's live accounts？A5: No, there are no commissions on trades for FXlift's live accounts, providing cost-effective trading options for traders.

FXlift broker review

Is FXlift safe or scam

Rating Index

STP/ECN

Minimum Deposit

GOLD

Minimum Deposit

How to login to FXlift?

FXLift Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the essential steps for registering, opening, and logging into your FXLift account. Whether you are a seasoned trader or a novice, this guide aims to provide clear instruc

FXlift Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　FXlift, officially known as Notesco Financial Services Ltd., was established in 2010. The broker is headquartered in Limassol, Cyprus, with additional operations indicated in Bermuda. It operates as a private company, primarily focusing on retail forex and CFD trading services. FXlift caters to a diverse clientele, including both novice and experienced traders, across various global markets.

　　Since its inception, FXlift has aimed to provide a user-friendly trading environment with competitive conditions. The broker has achieved significant milestones, including the launch of its trading platform and the introduction of multiple account types to accommodate different trading styles and preferences. FXlift has positioned itself as a reliable option for traders seeking access to a wide range of financial instruments.

　　The company operates under a business model that emphasizes retail forex trading and CFD services. By leveraging advanced technology and a robust trading platform, FXlift aims to enhance the trading experience for its users.

2. Regulation and Compliance Information

　　FXlift is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding the license number 125/10. This regulatory framework ensures that the broker adheres to the stringent standards set by CySEC, which include maintaining an operating capital of €730,000, providing negative balance protection, and segregating client funds to enhance safety.

　　The broker operates under two distinct legal entities: one regulated by CySEC and another offshore entity that lacks regulatory oversight. This dual structure raises concerns regarding the safety and transparency of trading with FXlift. The regulated entity adheres to strict compliance measures, while the offshore entity operates with fewer safeguards.

　　FXlift implements a Know Your Customer (KYC) policy and adheres to Anti-Money Laundering (AML) regulations, ensuring that client identities are verified, and suspicious activities are monitored. This commitment to compliance is essential for maintaining trust and integrity in the trading environment.

3. Trading Products and Services

　　FXlift offers an extensive selection of trading products, including over 300 financial instruments across various asset classes. Traders can access a diverse range of currency pairs, including major, minor, and exotic pairs. The broker also provides CFDs on indices, commodities, stocks, and futures, allowing for a well-rounded trading experience.

　　The availability of trading products is regularly updated, with new instruments introduced based on market demand and client requests. FXlift focuses on retail trading services, catering primarily to individual traders, although it also provides institutional services to a limited extent.

　　The broker does not currently offer cryptocurrency trading, which may limit opportunities for traders interested in digital assets. However, the range of available instruments allows for ample diversification within traditional markets.

4. Trading Platforms and Technology

　　FXlift supports the MetaTrader 4 (MT4) trading platform, a widely recognized and user-friendly platform suitable for both desktop and mobile devices. MT4 is equipped with advanced charting tools, technical indicators, and automated trading capabilities, making it a preferred choice among traders.

　　The platform is available in various formats, including desktop applications for PC and Mac, as well as mobile applications for iOS and Android devices. Additionally, FXlift offers a web-based version of MT4, allowing traders to access their accounts from any internet-enabled device.

　　FXlift operates on a market maker execution model, which can provide fast order execution and minimal slippage. The broker's infrastructure is designed to support high-frequency trading and algorithmic strategies, ensuring that traders can execute their strategies efficiently.

　　API access is available for traders interested in automated trading solutions, enabling them to integrate their trading strategies with external tools and services.

5. Account Types and Trading Conditions

　　FXlift offers three main types of trading accounts: Standard, Gold, and Platinum. Each account type is designed to cater to different trading needs and preferences.

　　Standard Account: Requires a minimum deposit of $500 with an average spread of 2.1 pips. There are no commissions on trades, and leverage can go up to 1:30.
　　Gold Account: Also requires a minimum deposit of $500, but offers tighter spreads averaging 1.7 pips. This account type is suitable for traders seeking better pricing conditions without additional commissions.
　　Platinum Account: Requires a higher minimum deposit of $2,500 and provides the best trading conditions with an average spread of 1.5 pips. This account type is geared toward more experienced traders looking for optimized trading conditions.

　　FXlift also provides a demo account for traders to practice their strategies without risking real capital. The leverage options vary depending on the account type, with a maximum of 1:30 for regulated accounts and up to 1:1000 for unregulated offshore accounts.

6. Fund Management

　　FXlift supports various funding methods, including bank transfers, credit/debit cards, and popular e-wallets like Neteller and Skrill. The minimum deposit requirement varies by account type, starting at $500 for the Standard and Gold accounts, while the Platinum account requires a minimum of $2,500.

　　Deposits are processed within 24 hours, although bank wire transfers may take up to three business days depending on the bank involved. FXlift claims that there are no deposit fees associated with any of the methods, promoting a cost-effective approach to funding accounts.

　　When it comes to withdrawals, FXlift offers the same methods as deposits. Withdrawal requests are typically processed within 24 hours, but delays may occur depending on the payment method. The broker does not charge any fees for withdrawals, although third-party fees may apply.

7. Customer Support and Educational Resources

　　FXlift provides customer support primarily through telephone and email. The support team is available 24/5 to assist clients with their inquiries and trading issues. However, the broker lacks a live chat feature, which may limit immediate assistance for traders.

　　The support team is multilingual, catering to a diverse client base. While FXlift offers some basic educational resources, such as an economic calendar and market news, it lacks comprehensive training materials like webinars or tutorials. The availability of a demo account serves as a useful educational tool for new traders to familiarize themselves with the platform.

8. Regional Coverage and Restrictions

　　FXlift primarily serves clients in Europe and other regions where it is regulated. However, the broker does not accept clients from certain jurisdictions, including the USA, Iran, Cuba, Sudan, Syria, and North Korea. This restriction is in place to comply with international regulations and ensure that the broker operates within legal boundaries.

　　The broker's services are available to clients in various countries, with a focus on providing a secure and compliant trading environment. FXlift's dual operations—regulated and unregulated—may lead to differing experiences for clients based on their geographical location.

　　In summary, FXlift is a broker that offers a wide range of trading instruments and competitive conditions. However, potential clients should carefully consider the regulatory status and associated risks before engaging with the broker. The presence of both a regulated and unregulated entity necessitates thorough research and due diligence to ensure a safe trading experience.

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