LexaTrade Review Is LexaTrade Scam Or Legit Forex Broker

LexaTrade being a leading broker offers its customers a customer support team available 24/6. Customer care can be contacted through email, phone or live chat at any time of the day, even on Sundays.

Although it is not available in certain areas such s the US, UK and Canada, LexaTrade allows its customers to access a range of financial instruments on their platform. In the last decade, LexaTrade has handled billions of dollars for its clients. With a high influx of cash and liquidity, deposits and withdrawals shouldn’t pose any challenge to LexaTrade customers. You should consider whether you can afford to take the high risk of losing your money.

The platform is simple, yet replete with a range of charting and analysis tools. The integration of Autochartist analysis and signals is a popular choice for automated market analysis. It takes away the time requires to conduct complex charting and analysis from the trader. The sentiment tools provided gives traders an insight of what other traders are buying and selling which can also be useful to professional traders. At LexaTrade, you can choose between two different account types. The standard version is very popular with beginners, since it is possible to start trading with a minimum deposit of no more than €100.

Below we give an overview on the account types that LexaTrade offer. Whatever you are looking to trade the varying LexaTrade account types will be able to provide you with what you need. Once you have logged into your LexaTrade account you will see the below trading platform options available to you.

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Trading on the financial markets with LexaTrade is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss.

LexaTrade broker reviews

You need an account in order to star coins, keep track of your portfolio, set up alerts, vote on coins as well as use all the other advanced features. Their ambassador during the year 2016 was the football superstar Cristiano Ronaldo who plays for Juventus FC. LexaTrade are also regulated by the IFSC and operate under the regulations of ICO (cryptocurrencies) KYC and AML. You will be required to verify your account before you can withdraw any money. To withdraw earnings from your LexaTrade account, follow these steps. Just go to their website and click on ‘REGISTER’ which is in blue. Provide the details asked for and agree to the terms and conditions of LexaTrade and submit your application.

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Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features. LexaTrade is an online brokerage firm that offers over 500 assets for trading on its proprietary web & mobile platforms. Several platform tools are provided to traders including Autochartist. The spreads are not the tightest & no social trading is offered.

We try our best to offer you some valuable information about all of the brokers we review. While we do our best to ensure you get the most up-to-date data, we also encourage you to verify our information voluntarily. With their different account types traders can choose the accounts they are comfortable trading in.

There are several platform tools that are provided to traders including Autochartist, economic calendar and market sentiment analysis. However, the brokers spreads are not the tightest and they do not offer any social trading platforms. They offer a wide range of negotiable assets, including forex, shares lexatrade from companies listed on stock exchanges around the world, indexes and, of course, raw materials (gold, wheat, silver, oil …). However, if you want to do so at a later time, throughout this review we will analyze the requirements that every CFD broker must have by comparing LexaTrade with its competitors.

I am a Australian citizen and only speak English, how do I read reviews that are in Spanish or Hindi. All in all, the LexaTrade is a choice to engage into trading with, while understanding what to expect and run to the potential outcomes from the trading available to traders of different size and level. We hope you found our review of the LexaTrade brokerage firm useful. A market maker speeds up trading as a market maker Forex platform will purchase your stocks and commodities even is a buyer is not lined up. If you would like to see how LexaTrade stands up against other brokers you can read some of our LexaTrade comparisons below. We compare side by side some of our top rated LexaTrade versus comparisons. We have covered allot in this LexaTrade review, If you want to see how LexaTrade compares side by side with other brokers check out our LexaTrade Vs pages.

Let’s continue with our LexaTrade review and inform you on everything there is to know about this particular broker. With LexaTrade, there are a variety of different customer support options, including live chat, phone, and email.

The trading platform has been equipped with various analysis tools as well as an overview of the current ascending and descending positions. This allows traders to act quickly whenever something changes. Mobile trading is also possible, which the LexaTrade review has shown.

LexaTrade broker reviews

LexaTrade’s withdrawal and deposit methods are simple and straightforward. You can open an account using several currencies, including the Yen, US and Canadian dollar, Swiss Francs, and Euros. LexaTrade offers clients traditional debit and credit card methods and wire bank transfers, as well as contemporary online wallets. LexaTrade is an online CFD trade broker that offers its clients, among other assets, a wide range of CFDs, which is considered to be one of the most straightforward ways to trade. CFDs involve purchasing a contract with your broker that will pay off if the market tilts in your favor. However, you should note that this trading is really for advanced traders only, as your money is very much at risk when trading CFDs.

LexaTrade Has Bonuses Galore For Investors

Be aware that Different entities under LexaTrade Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client. LexaTrade is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers forex and if things go wrong they will take necessary action. Before trading online with a broker such as LexaTrade you should be sure they’re legitimate online agent. The whole notion of regulation is to protect LexaTrade traders and provide a safe trading environment. Having a reliable and capable broker is crucial to your success in online trading.

  • Account verification bonus – Verify your account and receive a free $30 cash bonus.
  • LexaTrade has established individual client accounts and does not mix client assets with its company assets.
  • Thus, LexaTrade did very well – and particularly so in comparison to many of its competitors.
  • We do think that it is important to note that they have been around for almost a decade.
  • They use the WebTrader platform which is easy to use for most traders and offers a wide range of educational and trading tools.
  • This regulates its CFD trading along the major European Economic Area zone.

Using this opportunity, I would love to appreciate fightingscams AT aol DT com for assisting me when I lost all my funds to this broker. Therefore, it is subject to the regulatory requirements of the Markets in Financial Instruments Directive .

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You are the one who has to operate and create your own strategy by always taking into account the risks of operating in the financial markets. The broker will process your withdrawal request within five business days, sending you your funds via the same method with which you made the deposit . In order to prevent delays, LexaTrade encourages its traders to make sure that the required identifying documents are up-to-date. This reflects well on LexaTrade, suggesting that it is a broker to trust. When choosing an online CFD broker, it is crucial that you pay extra attention to the broker’s withdrawal policy.

LexaTrade broker reviews

LexaTrade is a brokerage company offering trading services for clients since 2010 with offices in Cyprus. Unfortunately, LexaTrade Europe Ltd. is not too great on transparency and information sharing, as well as charges a quite big amount of fees for inactive accounts. Well, at least the broker states that it does not require deposit and withdrawal commissions. However, it is important to acknowledge that there is an inactivity fee of up to $50 per month if a trader somehow neglects their trading account in OffersFX for 3 months. Also, there is a dormant maintenance fee up to $100 per month for accounts that have been inactive for one year or more. Besides lots of currency pair, LexaTrade also offers some instruments you would like to trade on, such as Forex, Stocks, Indexes and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions.

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The information often drives newbie traders to make more deposits and incur more losses. The forex market is the largest financial market globally, dwarfing the frenetic and famous stock market by the trillions. Special LexaTrade VIP package – Benefits include personal account management, extra training session, discounts on spreads, exclusive promotions and bonuses, special financial terms, and valuable gifts. First trade on LexaTrade lexatrade rezension bonus – When you open your first deal, LexaTrade will cover it, allowing you to keep any profit, or refunding the loss up to $120 cash bonus. Phone verification bonus – Verify your telephone number and you will receive a free $20 cash bonus. To redeem it you have to accumulate 300 Points within 30 days. Some brokers decide to offer no bonuses or promotions at all, but LexaTrade seems to have gone in completely the other direction.

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