About company

The company began its work by managing cash transactions in real-time trading using a PAMM account. As of November 2019, more than 2,000,000 merchants from all over the world are using the services of a broker. Forex broker LexaTrade site offers traders to open Start account with an initial deposit of $ 100, which is a fairly advantageous offer compared to other brokers. To make it lexatrade easy for merchants to conduct financial transactions, developers created a convenient interface and an affordable system. The xCritical platform is one of the most noteworthy trading platforms in the trading industry. Some even suppose it comes to par with industry favourite, MetaTrader 4.

LexaTrade Withdrawal

  • Regulation ensures that the broker adheres to strict financial rules and guidelines, which ultimately protects traders’ funds and personal information.
  • All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker.
  • I stongly recoonamd everyone to dont waste money with this fraud company.
  • Unsubstantiated LexaTrade reviews in social media cannot be grounds for an objective assessment of broker work.
  • This encryption ensures that your personal and financial information remains private when making deposits, withdrawals, or logging into the trading platform.

XCritical mobile platform is an alternative to PC terminals. It is easy to use, always at hand, so you can work from any point. LexaTrade developed its own proprietary trading platform displaying a high-level of functionality, speed, and profitability. It has an intuitive interface and highly-functioning terminals to make trading comfortable with minimal risks. LexaTrade platform contains more than 170 trading assets and tools to provide quality trading experience.

CMC Markets

The personal posts on LexaTrade’s timeline range from the banal and straightforward to the detailed and educated would leave a bad taste in your mouth. Trade and invest freely from anywhere on the planet with LexaTrade online platform using high-tech functionality, speed and profitability of the terminal. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

The fact of the matter is, going to sites like Facebook will only prove to be one frustrating affair. Accusations of fraud and scam not only against LexaTrade but also with many brokers. It is commonplace to read comments on your favorite social media platform and web forum.

  • A range of account types welcomes traders of all backgrounds and skill levels in LexaTrade.
  • Commodities are viewed as steady, long-term, highly profitable investments.
  • With these in mind, the allegations that someone was scammed by LexaTrade are seen as baseless and may simply be seen as the traders’ ignorance of how trading actually works.
  • Given these three major points, LexaTrade may be seen in a more positive light.
  • Through the statement quoted above, readers are made to understand that LexaTrade is not only given these perks but also allowed access to funds and deferment of payments made through its platform.

This number allows you to choose the appropriate variant according to your professionalism, budget, and needs. You can find more detailed information on each account on the LexaTrade website, and in our review, we prepare a comparison table. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. Daily Market News are financial reports that thoroughly assess the impact of global events on the financial markets.

Is It Safe To Invest With LexaTrade?

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.

Is this your company?

After a thorough review of the trading aspects of the broker, let us now conclude our assessment of the LexaTrade forex broker. After a lengthy and extensive probe into the services and LexaTrade Forex brokers reviews, let us sum up the advantages and disadvantages of LexaTrade as a broker. LexaTrade provides a Web platform armed with a wide range of tools, risk-management features, and best trading solutions. Aside from hefty welcome bonuses ranging from 30% to 120% of initial deposit, LexaTrade also gives a referral bonus. This is awarded to a trader who refers a friend to trade with broker.

Trading platform works stably, occurs smoothly and quickly. Now, given the figures disclosed through the parentheses, it is easy to be turned off by the brokerage. The 250-Dollar minimum deposit to activate Start account may be considered already costly given the limited features made available to its users. Table below details all the features and offers that each account provides its users. Regardless if one is a novice or a seasoned trader, he or she is not impervious to falling for bad reviews on a brokerage he or she might not be thinking of signing up for. But of course, it is completely understandable; it is an inclination and a necessary evil to easily doubt any business or financial entity that requires one to invest his or her hard-earned money.

LexaTrade Overall Ratings = 83/100

The trading industry is a tight, competitive area where brokers fight against one another. Identifying which reviews are true is also a skill that any aspiring trader must acquire. The review above is an example of a false claim because it links the broker to a common circumstance in trading and does not fall under the broker’s control. Market risks are one of the most important things that any trader must fully understand from the onset.

Below is an analysis of some negative reviews hurled towards LexaTrade. You also have free access to paid webinars, a once-a-week communication with a VIP analyst, full-time stock trading, special offers, and a customized portfolio for the earnings season. This account is especially curated for professional traders trading in four financial markets. One of the best services provided by LexaTrade is its trading platform, which was developed to incorporate unique features of the broker better. But other than that, LexaTrade also offers the MetaTrader4 and XCritical mobile app. LexaTrade promotes features such as deposit insurance, negative balance protection, and robust AML/KYC guidelines.

Keep reading the LexaTrade rezension to know more about Forex broker, its services, and real reviews on work. In our review, we will answer the question of whether the LexaTrade scam or not. Forex broker LexaTrade provides at least five necessary trading tools and research materials, the most important ones that either make or break a trade. Investors need these tools and materials every day since they hold key information about potential results of their executed trades. I have been trading on the market for 5 years, of which almost 2 years on LexaTrade.

LexaTrade Negative Reviews

MT4 Terminal is compatible with any desktop computer and operating system. It has listing charts for changing time ranges and combines many commercial operations. LexaTrade’s MT4 Terminal is also a viable option for traders.

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