They are found to be compatible with various devices’ operating systems. All can be used on desktops, Linus, Windows, iOS, and Android. If you have lost your money to online scammers, there is an opportunity you could get back your money. In order to start trading with LexaTrade, you have to deposit at least 100 USD . Trade safe and sign up now with one of our trusted and approved brokers. If you have already been scammed by this broker and are having problems withdrawing your investment, contact us here for help recovering your investment. If you have invested with this broker all is not lost as we can help you to recover your investment click here to get help by doing a charge back before it’s too late.
All of these tickets offer clients different benefits and ways to trade. Easy forex & CFDs with guaranteed fixed spread, stop loss and take profit orders plus guaranteed execution. On Forex Peace Army we found some negative client reviews about the broker. However, each of these was lexatrade official site responded to by a representative of the broker which means they are interested in resolving issues. It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
In this LexaTrade Review, we are going to take a look at the offer that this broker prepared for its traders. LexaTrade is regulated by the CySEC in Cyprus and by the ASIC in Australia.
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Thanks to WEALTHWATCHS, com that assisted me in recouping my money back from easy markets. They block all negative reviews especially on trustpilot and deceive people with the fake positive reviews. LexaTrade offers clients such trading platforms as MT4, LexaTrade App, and LexaTrade Web Platform. We advise readers and traders to always look out for the MT4 or MT5 platforms. The MetaTrader platforms are commonly used because they allow the use of trading robots. The most vital part of our reviews is the uncovering of if a company or Forex broker is properly licensed or not.
LexaTrade offers fixed spreads, regardless of market conditions. The company does not have any margin requirements on any of the trading platforms. LexaTrade has become a popular online CFD brokerage trading strategy platform because of the numerous features it offers to its customers and the ease of use of its trading platforms. Regardless of your preferred type of trading platform, LexaTrade supports them all.
LexaTrade Review: Complete Broker Overview
A third-party tool, Trading Central’s professional analysts use the most advanced technical analysis tools in the industry to curate relevant information. This tool essentially supports traders without the technical know-how in making trading decisions. Trading Central is considered one of the best trading tools in the industry, and LexaTrade does well to offer this tool to its clients. Trading conditions at LexaTrade are around the industry average, with average spreads and low minimum deposits. Spreads are fixed at between 0.9 and 1.0 pips (EUR/USD) on its account, and the minimum deposit requirement is only 25 USD. UK residents will be trading under the subsidiary, Easy Forex Trading Ltd., regulated by the Cyprus Securities and Exchange Commission .
The WebTrader platform is one of the most commonly used brokerage platforms due to the features it offers users. It provides them with a wide range of resources such as demo accounts, price charts, market news, market analysis, and more. WebTrader doesn’t require any installations and can be used by virtually anyone, even without any prior experience.
Apart from the fact that the Apps are well rated by the community, the LexaTrade team seems to be quick to respond to those who have concerns. This is always a good sign as it shows that they are receptive to feedback from traders.
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LexaTrade also accommodates many payment options including most major credit cards, EFT and Skrill. The scammed by lexatrade live support options through Live Chat, Whatsapp, Viber etc are available 24 hours a day 5 days a week.
It is used when the price is falling, and it is assumed that it will reach a price and increase. Although I didn’t make any profit from this company is like the way they operate hope I will will grow with Easymarket. Before I raised a ticket (2 months ago!!!!! and still waiting for a response) I would have given LexaTrade 5 stars. Now I just want my issue resolved so I can get the f… off this platform and start trading in peace. I have screen shots of there spreads compared to all other brokers they are the highest. If I could rate LexaTrade giving a negative score, I would.
Note the broker does not charge transaction fees, but your financial institution might charge you a fee for the deposits and withdrawals that you may do so check this directly with your bank. The customer support team at LexaTrade is comprised of highly professional individuals. The customer care agents are very friendly, professional, and have an in-depth knowledge of the financial markets. You can get in touch with them via live chat, an email, or a phone call. They usually resolve customer issues as fast as they can, which is essential for financial traders to trade efficiently.
This broker has provided financial services all over the world for 20 years. At the time of writing, there is a first deposit bonus, a refer a friend bonus, and a partnership program. Do note, however, that these bonuses are only available with non-EU accounts. In this review, you can find all the information you need to decide whether LexaTrade is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders.
- Although mobile trading can be convenient, it is hard to replicate the same conditions as a PC.
- While you see that they maintain a legitimate license from a monetary regulator, you’ll be able to make sure that they’re a reliable Forex Broker.
- The products and services offered were always within my expectations.
- You will also be pleased to know that there are no deposit or withdrawal fees on the platform.
- On the product I trade their spreads are around 4 points wider than the provider I have changed to.
- LexaTrade is currently a sponsor of the Spanish soccer club Real Betis, giving it a global image.
There are 12 currencies accepted, while the supported cryptocurrencies that you can trade on include Bitcoin, Ripple and Ethereum. You can reach them at their physical office, Ajeltake Road, Trust Company Complex, MH 96960, Ajeltake Island, Majuro, Marshall Islands. LexaTrade is one of the online CFD brokers that accept payment via online banking. They accept payment from online banking platforms like Sofort, Giropay, Local Bank Transfer, Webmoney, and Bpay. Transactions are usually approved within 2 hours and are free of charge from LexaTrade. Credit and debit cards remain the most popular method of funding an account.
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The number of scams such as faulty broker login and disappearing brokers is increasing each year. This sounds like a terrible scenario and perhaps too bad to be true. The practice of brokers disappearing and LexaTrade login problems have been happening for many years, and with the increase in financial fraud, it is becoming more common.
BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn’t retain responsibility for any losses readers might face as a result of using the information presented in this website. The thing that can definitely show us is LexaTrade a scam or a legit broker is their license. It comes from CySEC (license number 079/07), the body in charge of regulating the financial market of the European Union, so you can rest assured everything is in order.
This is utterly ridiculous, after using a top of line Macbook Pro, they have the nerve to blame my hardware or internet and ASSUME I trade only there account on it. In order to ensure a smooth withdrawal process, be sure to keep your personal information, as provided to you on the broker’s website. Beginners will be happy to know that LexaTrade offers a large variety of educational materials and videos and has an excellent support team that offers tutorials and basic one-on-one education. Deposits can be instant on the trading platform with electronic methods. In addition, the withdrawals can be up to 1 – 3 working days. Trend and volatility of the markets are the things you need to know in order to determine your next steps in trading. In order to know this, you need to keep track of the movements of the markets you wish to trade on.
This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage.