Lexatrade Review Is it good, or is it a scam?
By: Flaka Ismaili February 11, 2022
Some even suppose it comes to par with industry favourite, MetaTrader 4. Through its mobile platform, an expansive set of tools available through its PC version are mirrored effectively. These tools include a number trading signals and a highly-intuitive and neat interface. Users advise LexaTrade to review their minimum deposits against the offers found in each of their trading accounts. Now, given the figures disclosed through the parentheses, it is easy to be turned off by the brokerage.
LexaTrade is an online trading broker owned by Swissone Group Ltd. The company is located at Beachmont Business Centre, Suite 39, Kingstown, Saint Vincent and the Grenadines. We traded the popular instrument in each market to identify the average spread and placed 12 trades in total. They are leveraged derivatives that can be traded on a variety of values.
Investing time in research before trying to invest on a suspicious broker can save you from potential losses and unnecessary stress. We have checked and LexaTrade is regulated and supervised by reputable organisations. You are able to check every LexaTrade supervisory and regulatory body given below.
Of course, these individuals should have an actual live LexaTrade account they have used for a considerable period of time. LexaTrade is one of those brokerages that get the brunt of bad reviews. One look at its own Facebook page is enough to have you running in the other direction.
LexaTrade has a fast and hassle-free account opening process, with quick verification. ; and with the addition of MT5, traders may see the asset offering grow. Before deciding to trade Contracts for Difference , you should carefully consider your trading objectives, level of experience, and risk appetite.
Over time, it has grown and developed advanced trading solutions and a variety of financial instruments, becoming a well-known online brokerage brand. While the broker is not being regulated, LexaTrade is able to provide security to its clients investments through its offer of reliable trading platforms. MetaQuotes‘ most in-demand trading platform, MetaTrader 4 is simply one of the best trading software available in the market. MT4’s interface is intuitive and has a benevolent number of tools. It permits them to trade safely with its technology without any need to download and install it on the traders PC or mobile device.
Customer Service at Lexatrade
I will highly recommend Jeff , he is sincere and honest in all way round he helped me got everything i lost. 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. For those that are victim of online investment scam, i will recommend the help of janesilva0727 g mail com a recovery expert who helped me in getting back all my lost funds.
The platform supports all major payment methods for deposits and withdrawals, including bank wire, credit /debit cards, Skrill, Neteller and OrangePay. As we have established in this review, LexaTrade has no license to act as broker in any country. Yet it is clearly is offering its services in a lot of countries where it legally can’t. is lexatrade legit The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other traders who have already used the same service, and have expressed their opinions and feedback online on various forums.
- There is even nothing to be surprised at in such comments.
- LexaTrade also has a schedule of free seminars worldwide, which introduce clients to trading concepts, and provides networking opportunities.
- Video courses and E-books, while the questionnaire section offers all the questions related to customer’s feedback on the platform.
We wouldn’t be surprised if entry-level traders couldn’t find their way around and simply decided to use another brokerage. 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. All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker.
LexaTrade is a true NDD broker (Non-Dealing Desk) with well-known liquidity providers. Website legit checker uses advanced artificial intelligence and machine learning to verify whether a website is legit or a scam. Get a complete analysis of lexatrade.com the check if the website is legit or scam. Please ….Pl…Pl…do not invest with this scam master comapny. I have invesed USD16,000 with their plateform, got good profit, when I asked for withdrwl they simly vanish. They change my account manager 4 times in 6 months, now nobady can be seen online .
Organization and company which provides financial services need to obey various policies and get approval from regulators in every jurisdiction. LexaTrade charges a service charge of 5% when customers has made less than 5 independent transactions. It uses a license from a regulated company or gives a invalid license number. Also pay attention to licenses from offshore countries such as the Marshall Islands or Saint Vincent and The Grenadines but isnt just these fraudulent countries, there are several. Through the platform, a trader can work with open and closed deals and easily limit orders. A trader is also allowed to view all executed trades through a single instrument.
At a glance, it seems amazing platform and opportunity to earn trading profit with LexaTrade experts. As per LexaTrade conditions, if the referred client makes a deposit between $500 to $10,000, then 50% of it will be the referral bonus. LexaTrade has a referral program in which you’ll receive up to 50% deposit amount as a commission.
A bunch of cheaters who have looten thousand of ppl till now n this may be ascertained from the reviews. They make false promises and convince https://cryptolisting.org/ you to invest money with a minimum amount of $250 once u visit the site. They will do registration before even u cud understand them.
This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs. Yes, if you can send your platform chart trading with them, it will be easy and please try sending your email also, so we be able to reach you easily. Yes, if you can send you platform chart trading with them, it will be easy and please try sending your email, so we can reach you easily.
The review site, “The Forex Review”, is the site that has been able to give many details. Not everything you see on the world wide web is credible. The online community is replete with lies and fabricated news for what its worth.
I would have been in a big mess if I had not met Mr. Tony Luis ( ) personal email, I wish to recommend Mr. Tony to anyone in recovery of loss. He saves me and I believe he can also save others who have run into loss. Read here the reviews of customers, view the contact information of the webshop & see if they are legit. All of our reviews are based on research carried out by professionals.
Apart from the wide selection of Forex pairs, LexaTrade has a disappointing range of CFDs. However, with the addition of MT5, LexaTrade is now able to offer trading on options and futures. You work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of leveraged products such as CFDs. The third step requires choosing your trading account, preferred base currency (click here for more on LexaTrade’s base currencies), and level of leverage. Traders like you rely on our real-life online forex broker reviews to pick good forex brokers to trade with. Confirm that you would like to receive special offers and newsletter from the Forex investments strategy broker.
Can I Get My Money Back From LexaTrade?
To find out the brokerages profile, one should consult other sites with LexaTrade reviews. While not necessarily a red flag, this is completely inconvenient and taxing. With everything said earlier, to do a LexaTrade review, we had taken it upon ourselves to conduct an exhaustive examination of LexaTrades offers and services. The default proprietary platform is good enough, with an intuitive interface and a solid set of analytical features. As such, we can’t hold the deposit requirement for MT4 against the broker too much.
As with most brokers, margin requirements do vary depending on the instruments. LexaTrade allow you to execute a minimum of trade of varies. LexaTrade also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.