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Lexatrade Reviews 31 Reviews of Lexatrade com

Even legitimate clients cannot benefit from false claims as it gives them a distorted view of a broker’s reputation. This mid-tier account type is LexaTrade’s most recommended. It comes with unique perks that will be very useful to professional traders. It is definitely more expensive than the Silver Account, but quality always comes with a price. 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.

Thoughts on “LexaTrade: Getting into the Meat of an Honest Broker”

False statements like these are easy to create but have a dangerous impact on the broker’s reputation. This is why reviews like these are most often created by competitors. MtT4 platform is considered as the gold-standard for every other trading platform in the trading industry.

Attention to clients

The platform is designed to offer a convenient and user-friendly trading experience, with excellent terminals that make trading profitable while minimizing risks. With over 170 trading instruments, various tools, and timely risk management features, the platform ensures a high-quality trading experience overall. LexaTrade developed its own proprietary trading platform displaying a high-level of functionality, speed, and profitability. It has an intuitive interface and highly-functioning terminals to make trading comfortable with minimal risks.

  1. They also provide traders the optimal opportunity to learn the basics and complexities of trading through different educational resources.
  2. I did not notice any problems with this broker, with the exception of sales managers.
  3. Some brokerage firms offer more assets than others, and that’s what makes them the preferred choice by traders.
  4. Support desk doesn’t answer for a long time, and no one’s gonna pay me back.
  5. Then he learned from a friend working with this company that all this is complete nonsense.
  6. The information that these tools give are enough to forecast the probable results of each deal.

Financial Instruments

It is not a major shortcoming, but it may, to some extent, discourage some users. LexaTrade’s MT4 web terminal is a highly secure and reliable trading platform, incorporating advanced technology and offering a seamless trading experience. It is compatible with all major web browsers and enables traders to execute various types of transactions. The broker provides a decent and fair set of trading conditions coupled with some advanced trading tools and platforms.

Other Trading Features & Tools

However, it is crucial to note that not all client reviews came from the real clients of the broker. This time, we will feature some of the feedback and reviews of current LexaTrade clients to give us some first-hand experiences with the broker and how they feel toward their service provider. LexaTrade ReviewProper regulations usually ensure that forex brokers are sufficiently capitalized in the event of insolvency or trading losses.

Caring for our clients, our company makes every effort to optimize the trading processes and services provided. I trade with some crypto platform not knowing they where sc! 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. My advice is that everyone need to be careful of the platform you deal with. If you have falling victim of these fake platform do not hesitate to file a complaint to Marketeace. Net this company helped me and I believe she can help you too.

Its mission is to provide traders and investors with maximum security of their transactions on foreign exchange, cryptocurrencies, and stock markets. The strongest suit of LexaTrade is its quality services, which were noted multiple times by traders in LexaTrade broker reviews. The company has even developed its own platform to carry the brand and quality of services expected of LexaTrade. Now we are going to know about LexaTrade’s accounts and how they shape a world-class broker.

Its first year of operation revolved around managing cash transactions in real-time trading using PAMM accounts. It then enhanced its offered trading solutions and its trading assets and instruments in the following years and groomed itself to become an emerging online brokerage brand. Aside from throwing shades to the broker, some online client reviews also burst out that LexaTrade scammed them by not allowing them to withdraw their funds from their accounts. Albeit contrary to one client review above, this issue can be easily identified as a misinformed judgment on the client’s part.

It also guarantees the broker’s commitment to maintaining satisfactory dealing practices and keeping your money in secure and segregated accounts. LexaTrade has gained recognition as a reputable multi-asset broker by providing quality services and financial instruments to its clients. Operating as a trading brand of Swissone Group Ltd., located in Saint Vincent and Grenadines, LexaTrade adheres to the regulations set by the International Financial Market Relations Regulation Center (IFMRRC). Engaging in foreign exchange trading entails inherent risks.

LexaTrade provides a Web platform armed with a wide range of tools, risk-management features, and best trading solutions. 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. Browsing broker’s official site, Lexatarde asserted the legality of its business operation and its regulatory compliance with the International Financial Market Relations Regulation Center (IFMRRC). At first, I liked that the broker has a wide choice of accounts and has educational material. Support desk doesn’t answer for a long time, and no one’s gonna pay me back.

Fortunately, IFMRRC features a Compensation Fund scheme to be observed by all its 49 regulated brokers including LexaTrade. LexaTrade BackgroundLexaTrade started its operation by just managing cash transactions in real-time trading using PAMM accounts. 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. Below are only some of the LexaTrade broker reviews written by legitimate clients on the website of TrustPilot.

It was curated specifically for advanced traders who invest both in short and long-term. After a thorough review of the trading aspects of the broker, let us now conclude our assessment of the LexaTrade forex broker. After a lengthy and extensive probe into the services and LexaTrade Forex brokers reviews, let us sum up the advantages and disadvantages of LexaTrade as a broker. The Web platform displays 170 trading instruments, charts, and order management tools to monitor trading positions and technical adviser Autochartist effectively.

In comments on one forum, I read the information that «LexaTrade courses scam,» fraud, etc. Then he learned from a friend working with this company that all this is complete nonsense. As a result, I opened an account there, on which I have been trading for six months.

LexaTrade review on the site ends with a section with links to the company’s documentation. As expected, its website is trustworthy and doesn’t contain any lies, but unfortunately, many inexperienced users believe that Lexa Trade is a scammer because they meet negative LexaTrade customer reviews. If, in general terms, the company works honestly, I would not say that there are some illegal actions. It is unnecessary to wait for some news, and the market is moving unpredictably. LexaTrade’s provision of these platforms allows for good options for transacting their trades. Even without LexaTrade’s proprietary platform, MT4 and xCritical platforms are enough to render good trading conditions to create strong investment portfolios.

Nowadays, it is second nature to an investor to choose an officially regulated broker with a decent regulatory history. Hence, it is of primary importance for a forex broker to assert its legitimacy through its regulatory certifications. Discover even more profit opportunities using the technical adviser Autochartist, which is now built into the platform. Use the most effective methods of technical analysis and make profitable trading decisions! Autochartist will save your time and select the right entry points to the market, as well as give a clear analysis of the expected goals. There are 170 trading instruments on the platform, among them the most popular stocks and indices, precious metals and energy products.

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. According to documents on LexaTrade official site, it is an officially registered company. It operates under the Swissone Group Ltd., which is based within St. Vincent and the Grenadines. The financial work of the broker complies with the requirements of FMRRC (Financial Market Relations Regulation Center). Amassing more clients in the following years, LexaTrade extended its services to different jurisdictions across continents.

It is a common thing in industries where services are the main product of companies. Even the most reliable companies that have graced the top brokers’ list for many years have received negative feedback. For starters, LexaTrade has a “Refer a Friend” program, which allows an existing client to benefit from sharing the services of LexaTrade lexatrade news to friends and fellow traders. A program entails any existing client receiving 50% of the deposited amount of any new trader they’ve successfully encouraged to sign up with LexaTrade. The amount that user will receive is entirely up to how much the new client has deposited. Bonus is guaranteed and will be processed speedily by LexaTrade.

As I could have told early, this is how forex trading would have never gone…. To set the record straight, investing in LexaTrade is nowhere near ‘LexaTrade scam’ nor ‘LexaTrade cheating’ claimed by naysayers since the broker is covered by a Compensation Fund provision under the IFMRRC. 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. They never give you money back by making you fool showing some policies.All contact numbers in their web sites are incorrect so that whenever you want to contact them they will not be available. Even i have raised my concerns in their portals but no actions were taken.

The clients were not even all praises in the entirety of the broker’s services, leaving some room for improvement and giving us a clear indication that LexaTrade also has its share of flaws and setbacks. It is regulated by the International Financial Market Relations Regulation Centre, making it a reliable broker in the forex market. The broker offers different types of accounts to its clients for better trading experience. It can be concluded that LexaTrade official site is a legitimate business entity and is a regulated broker.

The broker set up strict payment procedures for the safety of the trader’s funds and to prevent financial theft. The broker even partners with reliable and trusted international banking institutions while steering their corporate funds. The first LexaTrade review is found on TrustPilot’s page and the other one is written on LexaTrade’s Facebook page. Both statements did not detail Urbanek’s issues with the broker, and only proceeded to create false statements about it. These statements have no legitimate grounds and are clearly libelous. It does not provide any evidence that he was scammed by LexaTrade, or any idea of problems that Urbanek has encountered with the broker, hinting at the probability of reviews illegitimacy.

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