The fact fxlift broker has obtained license for providing services in the EU market is an indication of the company's intentions to expand its influence sphere as well as to cater to the needs of traders in this area. Only a decent broker can sacrifice something to cover the needs of traders. I mean trading conditions, they are limited out there, but still very favorable.
Not gonna lie, this is one of the most competitive brokers in my opinion.
The more remarkable thing about Fxlift - presence of everything a typical, retail trader needs to fulfill daily goals: robust trading platform, wide range of CFDs for trading and spot assets, some account types with tight spreads and appealing conditions, certain auxillary instruments for trading like live currency rates and so on.
I am delighted with my experience of working with the broker. It leaves quite a positive impression, maybe space for improvement still exists but it's okay.
I puzzled over the name of this broker and get to the conclusion that it really helps you to elevate your skills on a whole new level, that's why it's "lift".
For me, reputation always prevails. I mean if I see that the broker is supervised by the Cysec which is one of the most eminent financial entities out in the area, then I alost don't put the company's realibility at a doubt.
Complet confidence comes only when I test everything on my own, for instance, topping up some money to see that the broker enlists it, not hiding it in the pockets. In case of ironfx, everything was as smooth as butter. Nwoadays I work with this broker and feel confidence in future. That is the most important thing when it cmes to trading, I believe.
The company is well regulated and that is one of the most crucial things when it comes to the choice of a broker.
I fully trust Fxlift because it has recognition in the community.
Answer: Hm... I guess the one I have picked is the most favorable to me, in other case, why the hell I chose it? :) Platinum with the tightest spreads, absence of any commissions and balanced leverage size is my choice and I consider it the tastiest one. Nevertheless I don't want to belittle the essence of others, so i can say they also can be favorable for some traders. All in all, Fxlift has a great set of accounts. Period.
Answer: Hmmm, that's a simple yet complex question. Besides, your question provokes me to call this company the best. And what's more, you ask for arguments to back it up. But as I see it, it's a little more complicated Of course, some brokers have more favorable trading conditions and some have less favorable ones. But here are some nuances. First of all, as a rule, all brokerage companies have similar trading conditions on average. This is a result of competition. Secondly, even if conditions are generally similar, they may have different characteristics. And those conditions that are ideal for one trading strategy may be unfavorable for another. I want to say that in general Fxlift is quite a favorable broker, but you need to evaluate it taking into account peculiarities of your trading strategy.
Answer: All of them are quite convenient as I think. In fact, from the point of performance, through the prism of my experience of trading using both web version and the desktop one, there are no complaints. Maybe, I can confirm that web version can slightly lag behind the performance of the desktop one, and maybe the interface not so convenient, but it's only my point of view. It's all about tastes of every trader, you know. So, choose whatever you wish, or test both and then make a decision.
Answer: They don't pay you the profits you make on a demo account yeah, that's the main difference! Let me clear things out for you. With a demo account, you trade virtual money, and its purpose is to learn trading in a risk-free environment. A live account is the place where you actually trade real money, and make real profits. You can withdraw the profits to your bank account, but also you can lose money. A demo account is free, while for a live account, you need to deposit funds to trade with.
Answer: MetaTrader4 platform integration is what many traders need. Yes, platform has an outdated design. But this is because it has been around for many years since it was made available to traders and due to its positive qualities it is still popular. So I think this integration is great!
Answer: All of the accounts on the platform are favorable to traders, and it all depends on what traders want. But all accounts are without commissions though.
Answer: Well, I usually connect this topic with the slippages occurring while trading. I must say since I have started trading with Fxlift I rarely have experienced any slippages. Of course, you need to pay attention to the trading conditions in the market to avoid them, but I believe the fast execution also has some role in it. If you check their stats, you will see that 99.62% of trades are executed in milliseconds, which is proof for their hyperspeed execution.
Answer: Every forex company that is eligible to work in the EU jurisdiction has the maximum leverage restriction up to 1:30. Which means that you can trade with 1:30 leverage on forex pairs. Other less liquid asset classes go with even less leverage for more security. However, be prepared to deposit more money if you want to trade bigger volumes.