It is a brand name of Swissone Group Ltd. registered in Saint Vincent and the Grenadines. 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. As stated above, the LexaTrade website offers five account types to their clients. Thanks to several such options, the broker easily monitors the demographic situation among traders and their needs. Now we will delve deeper into the specifications of each account type and choose which is most fitting to each trader. When it comes to accounts, LexaTrade provides all possible options for each client to find what they need.
- This number allows you to choose the appropriate variant according to your professionalism, budget, and needs.
- This is taking into account my caution, I don’t buy everything in a row, I carefully monitor the news.
- It’s a non-commercial organization that regulates about 60 brokerages.
- I like that they provide a wide range of instruments for trading in Forex.
- The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader.
But on a hunch, we wouldn’t call the security excellent. It’s by no means a strict scam, and in fact, it’s safer than the average broker, but you still need to tread carefully. As such, our Lexatrade review isn’t off to the greatest start.
How Real is Negative Feedback on LexaTrade?
As the platform is not worth considering, I was looking for the best alternative, and after researching for days, the most recommended broker I found was InvestFw. The broker offers its traders two platforms, as https://cryptolisting.org/ we’ve indicated earlier in our Lexatrade review. However, you can only unlock MT4 after depositing $10,000. And even then, you only get the web version, and you need the $50,000 account for the full unlock.
Account Registration
On the other hand, if you are confident in your abilities and $250 is not a lot for you, then LexaTrade may be a good choice. On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader. Besides, LexaTrade’s Web platform offers all the tools that can turn a skilled trader into a profitable trader.
They were set specifically for catering to beginners, intermediate, professional, advanced, and expert traders. According to LexaTrade official site, the broker provides up to five account types. They vary in features but are all promoting convenient and secure trading.
LexaTrade has proven that it belongs on the list of top forex brokers in the trading industry and meets users expectations. 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.
Very easy to understand very easy to learn earning good profit daily very happy and satisfied. I see the wired reviews about withdrawal but I get smooth withdrawal but some time it takes time upto 24 hrs to get withdrawal. They initially told me that withdrawal is very simple with no hustles.
And without the broker specifying the times, who knows how long it might take for you to get your money. For starters, LexaTrade has a “Refer a Friend” program, which allows an existing client to benefit from sharing the services of LexaTrade 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.
LexaTrade Review: Pros And Cons
For example, you can invest in U.S. crude oil, Brent oil, spot gold, or silver. LexaTrade also provides trading signals for each of your trades. 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. LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities. 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.
Three times my account manager was changed but nobody approved my withdrawal request. Always asked for more deposite and said you have to make minimum deals or make $1000 deposite if you want to withdrawal your money. Seriously guys try with any other platform but not with Lexatrade. You need to request multiple times for the withdrawal and not sure if you will get it or not. 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 success of transactions is often determined by success. At the time of the loss of money, many of them are trying to recover their funds, even though they have no lexatrade reviews rights to do so. It is worth remembering and managing your budget and risk wisely. LexaTrade offers a variety of trading platforms according to the trader’s needs.
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). Polish traders also have the opportunity to use the Przelewy24 service, which serves most Polish banks. Even u get profit, they won’t allow you for withdraw.
Its portability allows clients to trade anytime and anywhere without hassle. You can open positions, check your account, execute trades without delay. It is an innovative approach to trading in a busy, hectic world.