That being said, caution should be used anytime money is involved, with all brokers, old or new. It goes against lexatrade our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
PLATINUM ACCOUNT
This way, all traders can prepare their positions ahead of time. Next day morning I got a message that my account is running Negative so I checked and did not find any logs of the trade, the system did not show anything about why the account went negative. They are Scam and I have lived the scam now…please beware.
What made you choose lexatrade.com over similar businesses?
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. Lexa Trade is a nascent brokerage company founded in 2018. It is regulated by the International Financial Market Relations Regulation Centre, making it a reliable broker in https://forexbroker-listing.com/ the forex market. The broker offers different types of accounts to its clients for better trading experience. Apparently, the pair of customer reviews clearly reflects the broker’s honest and quality trading services, contrary to some maligning customer reviews that try to dent the broker’s reputation.
LexaTrade Reviews (
- If the forex market is volatile, the commodities markets go through even higher levels of volatility, which means trades must be carefully decided upon.
- There are bunch of criminals working together.This are organizations government should be arresting.
- The broker also provides different trading assets for higher liquidity with high leverage and low spreads.
- I am a kenyan and invested my hard earned money three weeks ago believing in promises of huge profits and freedom of withdrawals.
- Engaging in foreign exchange trading entails inherent risks.
As we are wrapping this in-depth LexaTrade review, the only thing I would say is to avoid this platform. The broker is unregulated and has a lot of disadvantages which overshadows its genuine features, such as high spread charges. The genuine features of the platform that are worth considering include bonuses, advanced trading platforms and learning programs. A web-based proprietary platform that lets traders experience advanced trading.
Real Client Reviews on LexaTrade Forex Broker
MT4 is one the world’s most famous and reliable trading platforms for Forex. The user-friendly UI of the platform helps both beginner and professional alike. Currently, the broker has over 200 trading instruments offered to its traders. Look at one more LexaTrade forex brokers review by Phillip from the UK. Trading is a very high-risk job, which rests entirely on the trader.
“Scam Company”
Never, ever invest in this fraud trade company .. We aren’t the biggest fan of the huge jumps between the sums you need for different account types. However, that’s a minor complaint, as what you get for each account is actually pretty fair for the price point. One more significant concern is that the broker locks the MT4 platform behind the more expensive account types. The setup itself is tried and true and is one of the most common ways for brokers to structure their accounts. It allows them the greatest reach, as the primary concern with the accounts is budget rather than trading style.
I was supposed to get money on 5th December as per account manager. If you need proof let me know I can give screenshot. 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. LexaTrade ReviewProper regulations usually ensure that forex brokers are sufficiently capitalized in the event of insolvency or trading losses.
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. The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge. It offers signals and pattern recognition and is generally regarded as a reliable tool but of course there are no guarantees that it will be profitable. Also keep in mind that the company is regulated (IFMRRC), which is not the fiercest of financial watchdogs, but any type of regulation is better than no regulation at all.
The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. The information on Forex-mag.com does not serve as an investment or trading recommendation. The server operator Almina Corp as is not a registered broker, investment advisor or broker. The overall structure of the accounts at LexaTrade is too expensive in my opinion and putting a $10,000 barrier between the trader and MT4 means that the majority of clients will not use this platform.
Lexa Trade allows global traders to access financial markets, including Forex, Stocks etc. 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.
Moreover, if anything goes wrong, it is possible to fill in a complaint form, and the company will try to solve the issue. Trading platforms offered by LexaTrade are MetaTrader4, XCritical Mobile app, and LexaTrade WebPlatform. Your financial security is of paramount importance to us, and we fervently endorse the exercise of due diligence and seeking professional guidance when making investment decisions. You have to avoid these people,they make empty promises just to reach the end of my bag. Till photo display gave an aid to my withdrawal problems. Unfortunately, it’s not possible to leave a review here anymore because the company’s website has closed.
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