“If, in general terms, the company works honestly, and I would not say that there are some illegal actions. It is not necessary to wait for some news, and the market is moving unpredictably. 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. One of the primary concerns with LexaTrade is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others.
Complete Review lexatrade.org
If a website receives a very low review from us, we really recommend you to double check if the site is not an online scam but really safe to use. Please read our article How to recognise a scam website before you proceed. Feedback from traders indicates that the words about LexaTrade scam and LexaTrade cheat don’t correspond to the reality. To choose the right broker, you should pay attention to the reviews of the clients. But you should know that sometimes these reviews are done according to the orders of the competitors.
How to Recognize a Scam Website
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. The broker doesn’t hide the fact that it’s trying to goad you into depositing more. Even the withdrawal speeds increase as you go up to the higher accounts.
Deposit and Withdrawal Fees:
- We do not provide financial advice, offer or make solicitation of any investments.
- It is a brand name of Swissone Group Ltd. registered in Saint Vincent and the Grenadines.
- Below are only some of the LexaTrade broker reviews written by legitimate clients on the website of TrustPilot.
- However, the proprietary platform’s lack of sophistication may not satisfy advanced users.
- We offer a competitive salary, an attractive bonus package, a high degree of independence, and flexible working hours—all from the comfort of your home in an international environment.
MtT4 platform is considered as the gold-standard for every other trading platform lexatrade owner in the trading industry. It was developed by MetaQuotes and launched to the public in 2005. The MT4 performs as a classic choice in trading currencies and CFDs because of its user-friendly interface, speed of execution, and high-grade terminal work.
We can say that registration on the LexaTrade site was quite quick. We were able to go to lexatrade.com, login, and use a demo account to learn the platform and its operation. The website layout, colors, and overall impression are satisfactory. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Claim your profile to access Trustpilot’s free business tools and connect with customers. So don’t use this platform and research well before choosing a such platform. 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 charges a service charge of 5% when customers has made less than 5 independent transactions. LexaTrade provides access to popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.
- ScamAdviser is on the hunt for a creative B2C Marketing Manager who can turn ideas into impactful actions.
- Many have praised LexaTrade forex broker for its speed of providing services and giving more than what is expected of it.
- “If, in general terms, the company works honestly, and I would not say that there are some illegal actions.
- We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
- We diminished the review score of the website as it is using registrar facilities also used by many websites with a low to very low review score.
- So, they decided to place a lot of negative reviews on the internet to prevent clients from using the services of Lexa Trade.
One of the first things traders look for when choosing a broker is regulation and security. Regulation ensures that the broker adheres to strict financial rules and guidelines, which ultimately protects traders’ funds and personal information. This broker attracted me precisely with this – in all reviews about LexaTrade, it is distinguished by the reliability and honesty of the company. Of course there are questions, but after correspondence with tech support everything is successfully resolved.
XCritical is lesser known to traders than MT4, but this does not make it inferior in providing quality services. Also, a mobile platform is far more accessible and convenient than any other platform, which means traders can trade anytime and anywhere without the hassle. Aside from trading, clients can open positions, manage their account, and execute trades without delay. They can also set stop loss and take profit, track the movement of quotes, check forecasts for different instruments, and view their account balance. LexaTrade is a forex broker that offers services in currencies, cryptocurrencies, commodities, stock, and indices trading.
However, the broker has a low user rating, with mixed reviews as some complain about the platform while others appraise it. So, to help you out in deciding whether it’s a worthy broker, let’s take an in-depth look at the platform with our detailed LexaTrade review. LexaTrade is a reliable broker that provides exceptional speed, functionality, and profitability. 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 has proven that it belongs on the list of top forex brokers in the trading industry and meets users expectations.
Even the most reliable companies that have graced the top brokers’ list for many years have received negative feedback. Knowing which markets and assets you can trade is an integral part of choosing a broker. 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 provides multiple account types to suit different traders. These accounts come with varying features and minimum deposit requirements, allowing traders to choose the one that best matches their needs. 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.
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. LexaTrade platform contains more than 170 trading assets and tools to provide quality trading experience. Lexatrade offers personal account managers to its users and they help in trading. Lexatrade charges a spread on trades, which is the difference between the buy and sell price of a financial instrument.
Additionally, it will provide LexaTrade reviews from LexaTrade clients to help you picture out the broker’s overall service. According to LexaTrade rezension, it supports four financial markets. Company provides a brief overview of each market and a short list of assets, which clients can trade. LexaTrade wants to make sure their clients are knowledgeable about any trade before they begin.
The account structure is straightforward, but the high minimum deposits for premium accounts may deter small-scale traders. Additionally, spreads on lower-tier accounts are uncompetitive compared to industry standards. Holding its business operations in Saint Vincent and the Grenadines, many traders doubt the legitimacy of the broker, let alone Lexatrade’s regulatory credential. This is because there are many traders online claiming to have been scammed by LexaTrade.