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. 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. The Web platform displays 170 trading instruments, charts, and order management tools to monitor trading positions and technical adviser Autochartist effectively. Fortrade Cyprus Ltd provides investment and ancillary services to residents of the European Economic Area (EEA).
Is this your company?
You can open positions, check your account, execute trades without delay. It is an innovative approach to trading in a busy, hectic world. Using XCritical mobile app, you can set stop loss, take profit levels, track the movement of various assets’ quotes, know currency forecasts, and check your account balance at any time. The provision of these platforms by the brokerage are seen as lucrative measures for each trader who chooses to open a live account with a broker.
Given these three major points, LexaTrade may be seen in a more positive light. Hence, the allegations of scam and the libel hurled against it through various online resources are effectively dispelled. The links that were included in the quoted testimonies will direct the readers to actual existing, live, and legitimate sites. It uses a license from a regulated company (they almost have the same name) 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 isn’t just these fraudulent countries, there are several. Now we are going to deal with reviews gathered across the worldwide web.
Conclusion on LexaTrade Broker Work
Users advise LexaTrade to review their minimum deposits against the offers found in each of their trading accounts. To serve the cause of fairness, the reviews last segment will quote both positive and negative ones, that were gathered from various trusted brokerage review sites. Lexatrade official site has an intuitive interface with all the access to the inner pages accessible through the fields that can be seen on the top most part of the landing page. It is complete with all descriptions of LexaTrade’s offers, its website tools, and legal documents ensure safe trading with the broker.
- 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.
- Every broker has received negative feedback from customers, critics, and even the general trading industry was accused of cheating.
- As a result, I opened an account there, on which I have been trading for six months.
- The Reporting Season is the most profitable period in financial markets, and LexaTrade makes it a point to highlight this.
Platinum Account
They also provide traders the optimal opportunity to learn the basics and complexities of trading through different educational resources. Looking at reviews about LexaTrade on various websites shows that the broker is actually trusted and respected by its clients. Many have praised LexaTrade forex broker for its speed of providing services and giving more than what is expected of it.
Thoughts on “Trading with LexaTrade: Accounts, Bonuses, Honest Reviews”
A 5% additional commission is charged for clients conducting less than 5 independent transactions. A range of account types welcomes traders of all backgrounds and skill levels in LexaTrade. It offers a Start account, Silver account, Gold account, Platinum account, and VIP account. Holding its business operations in Saint Vincent and the Grenadines, many traders doubt the legitimacy of the broker, let alone Lexatrade’s regulatory credential. Lexatrade has developed an online training program for traders that takes students from their first deal to consistent results in the market. Webinars with experts, video lessons, and training materials have been selected and grouped according to the student’s level of competence.
Interactive Brokers
The broker offers five account types with clear differences. There is an account for a beginner, an intermediate, a professional, and an expert trader. A wide variety of options allows each trader to trade with ease and security. To ensure the security of their clients’ funds, LexaTrade implements strict payment procedures. The client’s depositing method must also be used when withdrawing funds to prevent financial theft.
LexaTrade has proven that it belongs on the list of top forex brokers in the trading industry and meets users expectations. 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.
Fraude No 1I lexatrade login got call form them give commitmant for giving good profit.i opened ac & deposite $250 money after that 2 to 3 months i haven’t received any call or follow up. But after 3 months i got call & give some call tips and make good profit of around $850. I refused to do it and request to give me withdral but he denied. E continue to force me to deposite more but i denied so he opened very huge position so i lost all capital so he tell me that thats why i told you to deposite more.
- Trading accounts offered by LexaTrade are categorized into different types of traders.
- LexaTrade broker might just be another victim of either ignorance or outright fabrication.
- Each broker must have regulations for each country where it offers trading.
- To make it easy for merchants to conduct financial transactions, developers created a convenient interface and an affordable system.
- Today, the broker positions itself in foreign exchange market as one of the most successful.
Some brokerage firms offer more assets than others, and that’s what makes them the preferred choice by traders. On the other hand, trading tools and research materials are all important helpers in assessing positions and executing trades. The information that these tools give are enough to forecast the probable results of each deal.
LexaTrade’s year of founding and the regulatory body that sanctions its activities had not been disclosed through the firm’s site. To find out the brokerage’s profile, one should consult other sites with LexaTrade reviews. While not necessarily a red flag, this is completely inconvenient and taxing. What the reading of review ultimately provides its readers is a fair assessment and perspective of LexaTrade.
Platinum account of LexaTrade broker takes the advantages and perks of previous accounts to a higher level. It was curated specifically for advanced traders who invest both in short and long-term. This regulatory body is one of the most trusted in the world, meaning earning a regulatory status from an organization guarantees the safety and reliability of a broker. Everyone should understand how to distinguish a good broker from those that are often considered scammers and why forex is a scam. We present your user reviews, according to the rating of a broker. All of our reviews are based on research carried out by professionals.
You can watch the experts trade, get answers to your questions and comments on trading strategies. Every single one of our instructors has gone from a beginner to a practicing trader. They know what sort of difficulties you may encounter and are only too happy to share their experience with you. They will help you avoid errors in class so you can make your start in the profession even easier.