It can be concluded that LexaTrade official site is a legitimate business entity and is a regulated broker. Yet, questions remain whether this regulatory affiliation is strong enough to set aside fears of losing trading funds of clients in the event of insolvency. Fortunately, IFMRRC features a Compensation Fund scheme to be observed by all its 49 regulated brokers, including LexaTrade. There are 170 trading instruments on the platform, among them the most popular stocks and indices, precious metals and energy products. After defining your working portfolio, you can add favorite tools to your favorites, where a convenient working system was specially designed for users of the platform. Lexatrade It's a fraud, please this company need to be shutdown, am happy I got my refund back from them with the help of mr mason expert recovery team.
Currently, the broker has over 200 trading instruments offered to its traders. Its first year of operation revolved around managing cash transactions in real-time trading using PAMM accounts. It then enhanced its offered trading solutions and its trading assets and instruments in the following years and groomed itself to become an emerging online brokerage brand.
The broker is unregulated and has a lot of disadvantages which overshadows its genuine features, such as high spread charges. The genuine features of the platform that are worth considering include bonuses, advanced trading platforms and learning programs. Many regulated brokers allow $50 and even $10 as minimum deposits, so maybe you should pick one of those. On the other hand, if you are confident in your abilities and $250 is not a lot for you, then LexaTrade may be a good choice. On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader.
Below are only some of the LexaTrade broker reviews written by legitimate clients on the website of TrustPilot. These clients are proof enough that LexaTrade is far from what others think about the broker and its services. However, these shortcomings are way different from allegations of fraudulent acts and schemes. In terms of financial instruments, account type gives users access to forex, cryptocurrency, commodities, and limited stock assets.
- Broker LexaTrade ensures that its 24-hour client service team provides the best support to traders.
- It is an innovative approach to trading in a busy, hectic world.
- All materials are available after registration, so you can ensure that reviews like “LexaTrade courses scam” are not true.
- Rather than opting LexaTrade scam, we recommend you to incline towards a more trusted platform like InvestFW.
- Commodities market is a great opportunity to diversify portfolios.
“If, in general terms, the company works honestly, and I would not say that LexaTrade scammers. It is not necessary to wait for some news, and the market is moving unpredictably. LexaTrade’s live chat through its trading platform is lexatrade review complemented with other social media platforms, including Skype and email, as additional means of communication. Aside from hefty welcome bonuses ranging from 30% to 120% of initial deposit, LexaTrade also gives a referral bonus.
LexaTrade: Getting Into the Meat of an Honest Broker
LexaTrade forex broker will give you a 70% welcome bonus and medium priority for withdrawals if you choose a gold account. LexaTrade imposes high-grade security measures across all its services. It ensures clients’ protection from cyber theft and market risks because they are very common in trading. Clients have also praised its safety and convenience, among all other qualities.
LexaTrade Web Platform
Despite meeting all requirements, accessing my funds has been an agonizing ordeal. Communication is practically nonexistent, with support offering generic responses that do nothing to resolve the issue. The promised quick and seamless withdrawals are a farce, I almost gave up as weeks pass without any progress. Apexchargeback,c 0m needed to be involve and retrieve my assets back. This experience has eroded my trust in Lexatrade's reliability, leaving me frustrated and questioning their legitimacy. Potential users beware; the withdrawal problems overshadow any potential benefits this platform may offer.
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The insurance covers upto 100% of total loss on all trades opened on the deposit day. We are here to conduct a comprehensive evaluation of LexaTrade’s offers and services for the most
in-depth and unbiased verdict. The LexaTrade forex broker ensures their clients the best trading experience, offering various benefits and bonuses throughout the year. But most importantly, these benefits are immediately laid out for new clients. Lexa Trade has all the necessary documents, which means that the entire company is legally engaged in its activities. Moreover, in this case, the website lexatrade.com login contains the most relevant and reliable information given by prominent experts.
Also, the firm of schemers lexatrade.com site offers its clients some benefits. It is also the truth because numerous positive reviews and experts’ reviews prove it. Traders who have reached this state have more points, trade without restrictions on the number of transactions, have access to funds, and have the opportunity to defer payment. On top of these account types, a Demo Account is a good way for novice traders to test the trading environment and platforms of LexaTrade. LexaTrade offers trading instruments in stocks, shares, commodities, and foreign exchange markets.
LexaTrade Customer Reviews
The information on Forex-mag.com does not serve as an investment or trading recommendation. The server operator Almina Corp as is not a registered broker, investment advisor or broker. Similar bonuses often have thick strings attached, so be sure to read the terms if you intend to invest.
Along with the list of tradable stocks, LexaTrade also posts stocks’ previous revenue, forecasted price, and timeframe on when to trade it. This way, all traders can prepare their positions ahead of time. One of the security measures that LexaTrade has imposed for the safety of its clients is strict payment procedures. The broker only accepts one method in deposit and withdrawal processes to prevent theft. It only partners with trusted global banks in handling their clients’ funds in segregated accounts. They also implement Negative Balance Protection, which prevents each client’s funds from reaching zero.
The available Indexes and stocks include Dow Jones, S & P 500, Nasdaq 100, FTSE 50 China, and AEX 25. There are way too many categories on lexatrade.com, and navigating around the website is challenging. The same goes for visuals, as the various elements are glaringly mismatched. It looks like the broker took stock images, put them in boxes, and called it a day. Of course, broker appearance is nearly entirely irrelevant, but our point is that Lexatrade looks like something hastily put together.
Lexa Trade allows global traders to access financial markets, including Forex, Stocks etc. However, the broker has a low user rating, with mixed reviews as some complain about the platform while others appraise it. So, to help you out in deciding whether it’s a worthy broker, let’s take an in-depth look at the platform with our detailed LexaTrade review.
This includes video courses and E-books, similarly the questionnaire section offers the questions related to customer’s feedback on the platform. As the platform is not worth considering, I was looking for the best alternative, and after researching for days, the most recommended broker I found was InvestFw. The platform offers a long list of trading instruments, is regulated and most importantly, is not a scam. LexaTrade official site provides a brief overview of every financial market, prioritizing currencies, commodities, and indices/shares. These are some of the most widely-traded markets by investors worldwide. LexaTrade ensures that their clients have sufficient knowledge about them before they begin trading.
Some users don’t believe it, but numerous positive reviews prove that it is not a scam. This activity is undoubtedly worth trying, both for experienced and inexperienced traders. We’ll see if the broker’s functional prowess ends up improving what we think. For your convenient and effective trading, we have developed and implemented a new online platform. Use all the capabilities of the terminal and make profit with minimal risks.