FXlift offers 300+ trading instruments with a minimum deposit of $200. It provides commission-free trading on Futures and Stock CFDs. The broker supports the MT4 platform, offering spreads from 0.0 pips.
FXlift; An Introduction to the Broker and Its Regulatory Status
FXlift is operated by Notesco Int Limited, registered in Anguilla with registration number A000001800.
The Forex broker provides institutional and retail services with leverage options of up to 1:1000 across six asset classes. However, we must mention in this FXlift review that the company is not regulated by any financial authority. Key features of FXlift:
- Spreads from 0.0 pips
- Free demo trading
- Market Execution with No Re-quotes
- CFDs on Stocks and Futures
FXlift Broker Table of Specifications
To provide a clearer picture of FXlift's offerings, here's a table summarizing key specifications:
Broker | FXlift |
Account Types | Standard, Gold, STP/ECN No Commission |
Regulating Authorities | Not Regulated |
Based Currencies | Variable based on the account type |
Minimum Deposit | $200 |
Deposit Methods | Paysafe, Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Bitwallet, Perfect Money, Union Pay, PIX, Crypto |
Withdrawal Methods | Paysafe, Bank Transfer, Credit/Debit Cards, Neteller, Skrill, Bitwallet, Perfect Money, Union Pay, PIX, Crypto |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:1000 |
Investment Options | None |
Trading Platforms & Apps | MT4 |
Markets | Forex, Futures, Shares, Spot Metals, Spot Indices, Spot Commodities |
Spread | From 0.0 pips |
Commission | $0 |
Orders Execution | Market |
Margin Call / Stop Out | N/A / 20% |
Trading Features | Mobile Trading, CFDs, Futures Contracts, Deposit Bonus, Economic Calendar |
Affiliate Program | Yes |
Bonus & Promotions | 100% Mega Bonus, 40% Supercharge Bonus, 20% Welcome Bonus |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Email, Ticket |
Customer Support Hours | Monday to Friday 24/5 |
FXlift Account Types
The company offers three main account types, each targeting different trader profiles:
Features | Standard | Gold | STP/ECN No Commission |
Base Currency | USD, EUR, JPY, CZK, NGN | USD | |
Max Leverage | 1:1000 | 1:1000 | 1:200 |
Min Lot Size | 0.01 | 0.01 | 0.01 |
Personal Support | Yes | Yes | Yes |
Average Spread (pips) | 2.1 | 1.7 | 1.8 |
Commission | $0 | $0 | $0 |
Advantages and Disadvantages
While the broker’s wide range of trading instruments and its support for Futures contracts seem appealing, its lack of regulatory license is a serious drawback.
Pros | Cons |
A wide range of tradable assets (300+) | Lack of licensing by financial authorities |
Competitive spreads (from 0.0 pip) | No support for MT5 or TradingView |
High leverage options (up to 1:1000) | Limited educational resources |
MetaTrader 4 support | Lack of transparency about the company’s background and managing team |
The broker provides live currency rates through the MT4 platform and a comprehensive IB program for passive income.
FXlift Account Opening and KY0C
In addition to live trading accounts, the company provides a demo account for training. Here’s a step-by-step guide to FXlift registration:
- Visit the broker’s official website;
- Click “Open an Account”;
- Fill out the “Sign Up” form;
- Through the client portal, navigate the “My Profile” menu and click “Document Upload”;
- Provide proof of identity (passport or national ID) and proof of address (utility bill, tax bill, or bank statement).
FXlift Broker Trading Platforms
Supporting the well-known and reliable MetaTrader 4 platform is another upside in this FXlift review. The broker supports mobiles and other devices through this product.
- FXlift MT4 Android
- FXlift MT4 iOS
- Desktop
- Web-based
FXlift Fees Explained
The broker charges no commissions on either of its account types and offers competitive spreads from 0.0 pips. The table below provides the average spreads for popular trading pairs:
Trading Pair | Standard Spreads (Pips) | Gold Spreads (Pips) | STP/ECN Spreads (Pips) |
EURUSD | 1.4 | 1 | 0.8 |
EURGBP | 1.3 | 1.1 | 0.9 |
XAGUSD | 0.05 | 0.05 | 0.05 |
XAUUSD | 0.5 | 0.5 | 0.5 |
AUDUSD | 1.6 | 1.2 | 1 |
USDJPY | 1.4 | 1.1 | 0.9 |
USDCAD | 1.5 | 1.3 | 1.1 |
FXlift Payment Methods
The broker offers commission-free deposits and withdrawals via various methods, including:
- Paysafe
- Bank Transfer
- Credit/Debit Cards
- Neteller
- Skrill
- Bitwallet
- Perfect Money
- Union Pay
- PIX
- Crypto
You can withdraw the initial deposit only through the method used in the first place for deposit; all profit withdrawals are processed via bank transfers.
Copy Trading and Investment Plans on FXlift
While the broker doesn’t offer a dedicated copy trading service, it features a Personal Multi-Account Manager (PMAM) platform with the following features:
- Real-time monitoring
- One-click order entry
- Unlimited accounts
- Activity reports
FXlift Broker Trading Products
The company offers 300+ tradable instruments across 6 asset classes, including the Forex market and Futures CFDs.
- Forex: Major, minor, and exotic currency pairs
- Futures: CFDs on Futures contracts, including US500, UK100, USDIndex, and BRENT
- Shares: CFDs on global stocks like Amazon, Boeing, and Barclays
- Spot Metals: Gold (XAU) and silver (XAG)
- Spot Indices: Major global stock indices, such as AUS200, HK50, and JP225
- Spot Commodities: Oil (WTI), natural gas, and agricultural products
FXlift Bonus and Promotions
We must mention in this FXlift review that the broker offers deposit bonuses on Standard and Gold accounts.
- 100% Mega Bonus
- 40% Supercharge Bonus
- 20% Welcome Bonus
Note that the bonuses are not available on the STP/ECN No Commission account.
FXlift Support Channels
The broker claims to offer 24/5 customer support through email and a ticket system from Monday to Friday.
- Email: support@fxlift.com
- Ticket: Through the client dashboard
FXlift Broker Geo-Restrictions
While the company strives to serve a global clientele, it doesn’t offer services in certain jurisdictions, including:
- USA
- Iran
- Cuba
- Sudan
- Syria
- North Korea
FXlift User Experience
While ForexPeaceArmy claims that the broker is a scam, there are 63 FXlift reviews on Trustpilot, most of which are positive. While 92% of the comments are 4-star and 5-star, only 5% of ratings on the FXlift Trustpilot profile are negative, resulting in an excellent score of 4.3 out of 5.
Educational Resources
While the broker doesn’t offer vast learning materials, its website features an economic calendar and a section for live economic news.
- Economic News: Regular updates on market-moving events
- Economic Calendar: Upcoming economic releases and their potential impact
You can check TradingFinder’s Forex education section for additional learning materials.
Conclusion and Final Words
FXlift provides access to 6 asset classes, including Forex and Commodities. The broker supports Neteller, Skrill, and Crypto payments with no commissions. It has a score of 4.3 out of 5 on Trustpilot. The company doesn’t accept US clients.