On the other hand, the Web platform offered for the minimum account is quite enough for the average trader, so maybe thatโs not a deal breaker. And besides, if you really want lexatrade scam to do advanced technical analysis, LexaTrade offers Meta Trader 4 so you can have the best of both worlds. The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader. 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.
Company Facts
When an existing client successfully gets another trader to sign up to LexaTrade, clients are awarded up to 50% of the deposited amount of the new client. It is praised for various reasonsโfrom trading platforms to payment methods and its profitability. It is acquiring more and more clients as it continues to improve on the best services it could offer. When it comes to accounts, LexaTrade provides all possible options for each client to find what they need. 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.
Financial Markets Supported by LexaTrade
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. For example, you can invest in U.S. crude oil, Brent oil, spot gold, or silver.
Good profits and good services
The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client. It doesnโt do anything to stand out, and the vast majority of traders can easily find an option thatโs both more comfortable and more powerful. It was curated specifically for advanced traders who invest both in short and long-term. Being a global broker, LexaTrade has earned the praises of its clients and the ire of its detractors. Many critics have praised this broker for several reasons, while a select few spread libelous claims to destroy its reputation.
Best Forex Signals Providers with a Free Trial
- LexaTrade offers diverse trading instruments such as Forex, Commodities, Indices and Shares.
- When it comes to making deposits and withdrawals, only reputable processors are available and all funds are stored in segregated client accounts.
- Many clients have expressed how LexaTrade has helped them build their trading careers and increase their profits.
- Baugh won the award following an industry vote during the Leaders in Trading awards gala last night.
It also includes the date when the forecasted value is expected to happen so traders can prepare. It is because Lexatrade has a high degree of operating efficiency, has a wide choice of trading options, and is very simple to use. There are also many trading opportunities in CFDs and other instruments on the Lexatrade platform. Overall, the asset portfolio options of Lexatrade are quite impressive and a good route to make money. It contains no legitimate grounds or even constructive criticism about brokers. Baseless accusations like these are examples of libelous claims executed by competitors to smear another brokerโs reputation.
The brokerโs offer does actually seem decent enough, but the presentation isnโt up to par. Weโll see if the brokerโs functional prowess ends up improving what we think. The minimum deposit is $250 and the available methods are Visa, CryptoWallet and e-Payouts; the processing time is not specified. Information about withdrawals is missing and this should be addressed by LexaTrade.
Forex broker LexaTrade provides at least five necessary trading tools and research materials, the most important ones that either make or break a trade. Investors need these tools and materials every day since they hold key information about potential results of their executed trades. LexaTrade forex broker will give you a 70% welcome bonus and medium priority for withdrawals if you choose a gold account. It is a trading brand of Swissone Group Ltd. based in Saint Vincent and Grenadines. Scammers employ persuasive tactics to convince you to make an initial minimum deposit.
It is compatible with any browser and can combine various commercial operations. It also provides listing charts that can be customized according to shifting time ranges. MT4 platform is a classic choice, especially for Forex trading, and has been trusted by expert traders since it was released in 2005. Wondering whether Lexatrade scammers or not, letโs analyze its services and development level. When it comes to platforms, broker LexaTrade ensures clients enough options to choose from. This is why aside from MetaTrader4 and XCritical, theyโve also developed a platform to embody important qualities and characteristics.
As a relatively new broker, LexaTrade aims to build a reputation based on competitive pricing, high-quality customer service, and an intuitive user interface. However, as with all newer brokers, itโs essential to exercise caution and thoroughly assess its features and regulations. There is no fee to open an account and the fees for deposits and withdrawals are not specified anywhere on the website. There is no mention of an inactivity fee but we cannot guarantee that you wonโt be charged one. However, better options are present online, and itโs easy for most traders to switch. But as we said, we donโt like paywalls for core features as a practice, although you may not mind them at all.
For a complete lexatrade list of all of the advanced and extenuating IKBR fees, click here.
- After signing up, you may also receive occasional special offers from us via email.
- Experience the freedom to trade and invest from any location worldwide using LexaTrade’s advanced online platform, which prioritizes speed, functionality, and profitability.
- Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications.
- You can choose which assets to trade, including the biggest and most popular ones.
- When it comes to platforms, broker LexaTrade ensures clients enough options to choose from.
Trusted Signals
It highlights intuitive tools, automated trading strategies, and the potential for high returns with minimal effort. LexaTrade offers competitive spreads, with forex pairs starting from around 1.5 pips. However, fees and spreads may vary depending on the account type and the asset being traded. The spread on major currency pairs such as EUR/USD is relatively low, but the spread may widen for less liquid assets.
LexaTrade has certainly made it big in the trading industry, so letโs find out what makes it a cut above the rest. Am only happy because I found help after reporting to a recovery firm and they helped me recover all I lost to these fake crypto platform. If you have falling victim of these fake platform do not hesitate to file a complaint to Marketeace. While the broker claims to offer reliable support, user feedback often highlights delayed responses and unhelpful interactions, particularly for withdrawal-related issues. This detailed review evaluates the platformโs features, trading conditions, customer service, strengths, weaknesses, and overall reliability. Lexatrade assists clients in over 50 countries and helps them access its comprehensive product line.
Later they said that the amount was too low for a trade so I left the money there only to find later that the money has disappeared. The methods for deposit are Visa, CryptoWallet and e-Payouts and we assume the same methods will be used for withdrawals, although LexaTrade doesnโt mention this specifically. Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds. You should also contact lexatrade review your bank as soon as possible and let them know about your issue. The variety of instruments allows traders to diversify their portfolios, but the depth and range are average compared to industry leaders. But considering various reviews, we found that their so-called experts have very less knowledge and most trade signals are loss-making.
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. XCritical mobile app offers an easy-to-use interface, traders can access their trading account on the go, without any hassle.