Don’t worry about it, because you can’t make a big profit in Forex trading without investment. Unfortunately, LexaTrade forex broker does not offer a demo account, where beginners can make their first steps in trading, and professional traders improve strategies. It is not a major shortcoming, but it may, to some extent, discourage some users. New broker users have the opportunity to get insurance against losses for one trading day. The company compensates the trader for losses ranging from 500 to 5,000 USD. In addition, new customers can receive a bonus of 30% of the amount topped up.
It displays high functionality, great customer service, convenience, availability, and dedication to clients. It improves its services based on what its clients ask for to work on the market, and this has earned the trust of traders everywhere. Real LexaTrade broker reviews can attest that company is worth trading with. 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.
- The broker offers different types of accounts to its clients for better trading experience.
- All we could find is that withdrawal processing takes up to 24 business hours and that a representative will contact the client in order to complete the processing of the withdrawal.
- This is also a great security measure against online hackers who transfer client’s funds into their bank accounts and withdraw the money.
- It offers advanced trading tools, increased speed and safety.
- And if you’re already depositing that much, there are many brokers that do what Lexatrade does but better.
I have been working with Lexatrade since the summer and have withdrawn money 3 times during this time. I did not notice any problems with this broker, with the exception of sales managers. But why am I seeing a lot of negative reviews about Lexatrade? It turns out that almost ALL negative reviews were written by scamers advertising their scam chargebacks. The platform also offers customizable charting, allowing users to tailor the charts based on different timeframes. A classic choice, particularly in Forex trading, the MT4 platform has garnered trust from seasoned traders ever since its launch in 2005.
How To Open An LexaTrade Account?
According to LexaTrade official site, the broker provides up to five account types. They vary in features but are all promoting convenient and secure trading. Apparently, the pair of customer reviews clearly reflects the broker’s honest and quality trading services, contrary to some maligning customer reviews that try to dent the broker’s reputation. These clients are enough proof that ‘LexaTrade scammers’ is merely a baseless claim. Lexatrade.com seems to be unregulated as it doesn’t hold a license from any regulatory body. A trader, before investing, should research about the broker’s regulation and license.
Despite this, it is an off-shore broker restricted to operate in the US and Europe. We are here to conduct a comprehensive evaluation of LexaTrade’s offers and services for the most
in-depth and unbiased verdict. This regulatory body is one of the most trusted in the world, meaning earning a regulatory status from an organization https://cryptolisting.org/ guarantees the safety and reliability of a broker. Amassing more clients in the following years, LexaTrade extended its services to different jurisdictions across continents. In 2019, LexaTrade reached more than 2 million merchants worldwide. Fraud Recovery , Forex fraud recovery and Crypto Scams recovery are possible.
It was curated specifically for advanced traders who invest both in short and long-term. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. The methods for deposit are Visa, CryptoWallet and e-Payouts and we assume the same methods will be used for withdrawals, although LexaTrade doesn’t mention this specifically. LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities. The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. Brokers Complaint is one of the best recovery agencies specializing in Lost Cryptocurrency funds recovery.
Read LexaTrade Review and Get Help in Fund Recovery
The readers are only given an idea of what the online trading community thinks of a LexaTrade broker. As I could have told early, this is how forex trading would have never gone…. Its fraude company consists of lots of incompetent employees in India who always make you invest with a false commitment and later they denied to keep their promises.
LexaTrade
LexaTrade’s live support team is also available to help any client with it. Trading with LexaTrade lets you invest in globally-traded assets like U.S. oil, Brent, and spot gold. LexaTrade is a forex broker that offers services in currencies, cryptocurrencies, commodities, stock, and indices trading.
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. Keep reading the LexaTrade rezension to know more about Forex broker, its services, and real reviews on work.
Commodities being long-term investments means that they must be carefully decided. Broker LexaTrade ensures that its 24-hour client service team provides the best support to traders. Trading in commodities markets subjects you to high volatility, an excellent investment opportunity. You can choose which assets to trade, including the biggest and most popular ones.
Even without LexaTrade’s proprietary platform, MT4 and xCritical platforms are enough to render good trading conditions to create strong investment portfolios. MetaQuotes’ flagship offer, MetaTrader 4 (MT4 platform), is simply one of the most efficient trading software available in the market. Platform has an easy-to-navigate interface and has a generous number of trading tools. Through LexaTrade, traders are provided with an MT4 web terminal that permits them to trade safely through its technology without downloading it. I I0st all my money to lexatrade scam, they promised me a lot pr0fits, at the end of it all they stop responding to me, a friend recommended me to visit » globaltraderecovery. Net, and file a…
Lastly, LexaTrade highlights the markets’ Reporting Season, which is the most profitable period of the year in trading. Clients are encouraged to participate in an event, and LexaTrade provides a list of the best stocks to invest in. 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.
Below are the most salient benefits LexaTrade offers to its users. In this light, it can be said that LexaTrade 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. Despite limited information available on the LexaTrade website, other Lexatrade broker reviews will tell you that the broker is under the Maxi Markets group.
It allows them the greatest reach, as the primary concern with the accounts is budget rather than trading style. That means the accounts suit most strategies, and as such, can attract diverse groups of traders. One fact that’s lexatrade owner relieving and concerning at the same time is the broker’s choice of the regulator. And if you’re unfamiliar with what IFMRRC is, we don’t blame you. Although we do daily broker reviews, we’ve never heard of it before.