Even legitimate clients cannot benefit from false claims as it gives them a distorted view of a broker’s reputation. Of course, the broker lexatrade review has options for downloadable terminals, web platforms, and mobile apps. As such, the broker covers all three important fronts.

  • Trading itself is a very risky kind of activity.
  • Please be noted that all information provided by ThatSucks.com are based on our experience and do not mean to offend or accuse any broker with illegal matters.
  • Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition.
  • Also, the spreads on the VIP account are relatively tight.
  • The lexatrade.com login page has a whole section related to legal documentation.

We present your user reviews, according to the rating of a broker. Scanning mixes digital and common currencies. Thus, traders can trade their currency pairs, creating, for example, a mixture of the dollar with bitcoins or the euro.

The Welcome Benefits of Trading with LexaTrade

Its multi-asset trading services have garnered the trust of its clients and has earned it a spot in the top forex brokers in industry. Many organizations provide brokerage services. Unfortunately, the choice of honest brokers focused not on their benefit, but the profit of customers is not so wide.

lexatrade review

The most important thing is that the money came without cheating. Lexatrade customer service is bad, the account managers are irresponsible please becareful to use them, they are so frustrating. Since they persuade to open account, after I do know of them attend to my email again. The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge. It offers signals and pattern recognition and is generally regarded as a reliable tool but of course there are no guarantees that it will be profitable. This does seem like a friendly broker, but I am not sure it’s the best choice for a total beginner, simply because the lowest deposit to open an account is $250.

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. I am using lexatrade and invested 1000 usd on 1st December and account manager said I can withdraw money on 5th December. After manager disappeared telling someone In his family expired. I cannot withdraw money until my account manager approves. He disappeared and then after few weeks they assigned me different account manager .


But this time I have not check the background of the company….due to some reason….SO PLS BE CAREFUL and aware other of this. Tbbob.com needs to review the security of your connection before proceeding. The most significant advantages of gold accounts are reduced spreads and the possibility of passive earnings. It is not necessary to wait for some news, and the market is moving unpredictably.

Even for the higher accounts, the spreads are wider than those from other brokerages that require similar price points. As we said earlier in our Lexatrade review, it offers a competitive trading experience, but it gets overshadowed by better companies. The broker offers a web-based proprietary platform that lets users experience advanced trading. It claims to offer advanced trading tools, increased speed and safety. However, I didn’t find anything special about it. LexaTrade offers a wide array of services, platforms and products that allow for good trading conditions and building of strong and impressive investment portfolios.

And the didn’t tell that when I paid them. Be careful when considering high-risk investments like cryptoassets & cryptocurrencies (e.g. bitcoin). Their value can go up and down significantly, without any warning. You should only invest money you can afford to lose.

lexatrade review

IFMRRC stands for International Financial Market Relations Regulation Center. It’s a non-commercial organization that regulates about 60 brokerages. However, it’s apparent that it’s much less limiting than even the more lenient country-based regulators.

How To Withdraw Money From LexaTrade?

Contact with the broker via email, in our opinion, is great because we got the desired response in the expected time. Nothing suggested that LexaTrade cheat their customers with tricky terms and conditions. They initially told me that withdrawal is very simple with no hustles. An innovative platform that can be used on any type of device.

Withdrawal remains a standard priority, and webinars are free. Platform, merchants offered to trade various instruments and property. The broker provides clients with about 50 currency pairs, gold, silver, and other precious metals, as well as pointers and cryptocurrencies. Its fraud company, dont upload money with this portal.

lexatrade review

When it comes to platforms, broker LexaTrade ensures clients enough options to choose from. This is why aside from MetaTrader4 and XCritical, they’ve also developed a platform to embody important qualities and characteristics. Using a platinum account from LexaTrade, you can enjoy a 2-hour account analysis per week.

This feature provides 100% insurance on the deposit amount. The promotion is applicable for deposit amounts ranging from $500 to $5,000. The insurance covers upto 100% of total loss on all trades opened on the deposit day. Additionally, the one thing that I disliked about the platform is that its standard account holders don’t have access to Cryptocurrencies. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

Up till now the didn’t pay, the keep pretending by calling. I said the should refund my money am not interested. They are asking for my marriage certificate before the can pay. The said the can’t refund me without marriage certificate.

That is why, if you only choose the Forex broker, make your decision based only on verified official information. Platform has over 170 trading instruments, including well-known stocks and indices, precious metals, and energy products. Lexa Trade is a Forex broker that allows you to invest in various financial instruments such as stocks, currencies, commodities, and many more. If you are not the first day on the Internet, then you understand that competitors do not sleep and spam negative reviews without any evidence. All they care about is asking money from you no matter what is your condition. They will continue to pester you to deposit more n more money.

We present your user reviews according to the rating of a broker. This platform has a clear interface and simple navigation. It fully meets the expectations of even professional traders and is not inferior in functionality to popular MT4. Variety of trading tools, automatic signals about profitable deals. The company was the first of MT4 trading companies, which allowed it to expand its position and take a leading position in the list of brokers in the market. Needs to review the security of your connection before proceeding.

Can I Get My Money Back From LexaTrade?

The information that these tools give are enough to forecast the probable results of each deal. 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 https://forex-reviews.org/ 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.

Is it safe to trade with lexatrade.com?

What else is needed for profitable trading? Does not offer a demo account, where beginners can make their first steps in trading, and professional traders improve strategies. Registration in offshore zones for some traders is a red flag. But then, it must be noted that the success of trades is not necessarily reliant on the type of broker that a trader enlists but on strategies that they employ. And for sharpening and improving strategies,the broker offers many possibilities and tools.

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. The setup itself is tried and true and is one of the most common ways for brokers to structure their accounts. 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.

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