Now, given the figures disclosed through the parentheses, it is easy to be turned off by the brokerage. The 250-Dollar minimum deposit to activate Start account may be considered already costly given the limited features made available to its users. Table below details all the features and offers that each account provides its users. Basing decisions through mere online research may prove fruitless should it not be backed up by actual diagnosis of the broker’s offers and services. If one is to base off of impressions, the negative issues thrown at it can easily be chalked up to the LexaTrade user’s complete ignorance of how the trading industry works.

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. LexaTrade markets itself as a broker suitable for both beginner and experienced traders.

Xs.com Review

These statements have no legitimate grounds and are clearly libelous. It does not provide any evidence that he was scammed by LexaTrade, or any idea of problems that Urbanek has encountered with the broker, hinting at the probability of reviews illegitimacy. False statements like these are easy to create but have a dangerous impact on the broker’s reputation. This is why reviews like these are most often created by competitors. Reviews like “LexaTrade cheating” or “LexaTrade scammer” are nothing short of slander that only benefit the competitor. Even legitimate clients cannot benefit from false claims as it gives them a distorted view of a broker’s reputation.

Along with the list of tradable stocks, LexaTrade also posts stocks’ previous revenue, forecasted price, and timeframe on when to trade it. One of the security measures that LexaTrade has imposed for the safety of its clients is strict payment procedures. The broker only accepts one method in deposit and withdrawal processes to prevent theft. It only partners with trusted global banks in handling their clients’ funds in segregated accounts. They also implement Negative Balance Protection, which prevents each client’s funds from reaching zero.

• Aside from throwing shades to broker, some online client reviews also burst out that LexaTrade scammed them by not allowing them to withdraw their funds from their accounts.
• We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
• LexaTrade offers trading instruments in stocks, shares, commodities, and foreign exchange markets.
• Any existing trader can sign up to participate in the program and receive incredible bonuses.
• LexaTrade is a forex broker that offers services in currencies, cryptocurrencies, commodities, stock, and indices trading.
• The variety of instruments allows traders to diversify their portfolios, but the depth and range are average compared to industry leaders.

This is an area where caution is advised, as regulatory oversight is a critical part of ensuring the safety of your funds. 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. Every broker has received negative feedback from customers, critics, and even the general trading industry was accused of cheating. It is a common thing in industries where services are the main product of companies. Even the most reliable companies that have graced the top brokers’ list for many years have received negative feedback.

BDSwiss Review: A Comprehensive Look at the Broker

The variety of instruments allows traders to diversify their portfolios, but the depth and range are average compared to industry leaders. LexaTrade’s funding options are limited to the following – VISA/Mastercard, cryptocurrency, Skrill, Neteller, and Arangepay. A 5% additional commission is charged for clients conducting less than 5 independent transactions. LexaTrade provides a mulitlingual customer support 24/7 to deal with all queries via live chat, email and telephone.

Thoughts on “LexaTrade: Getting Into the Meat of an Honest Broker”

It is praised for various reasons–from trading platforms to payment methods and its profitability. It is acquiring more and more clients as it continues to improve on the best services it could offer. TrustPilot, one of the most reliable reviewers on the web, rates LexaTrade 4 out of 5 stars. Approximately 95% of all client reviews on this website are positive. The remaining few were negative ones with an obvious goal, which is smearing LexaTrade’s reputation.

Customer Support

• One of the most popular bonuses it offers is the Refer a Friend program.
• The review site, “The Forex Review”, is the site that has been able to give many details.
• Trading with LexaTrade lets you invest in globally-traded assets like U.S. oil, Brent, and spot gold.
• The 250-Dollar minimum deposit to activate Start account may be considered already costly given the limited features made available to its users.
• The data contained in this website may not be real-time and accurate.
• Hence, the allegations of scam and the libel hurled against it through various online resources are effectively dispelled.

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. LexaTrade offers several trading platforms to cater to different types of traders, from beginners to advanced users.

Being a global broker, LexaTrade has earned the praises of its clients and the ire of its detractors. Many critics have praised this broker for several reasons, while a select few spread libelous claims to destroy its reputation. LexaTrade is a multi-asset broker whose wide range of services and financial instruments established its reputation.

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. The provision of these platforms by the brokerage are seen as lucrative measures for each trader who chooses to open a live account with a broker. Even in case of LexaTrade’s proprietary platform absence, MT4 and the xCritical Platform are already enough to turn any trading endeavour into a profitable activity. Regardless if one is a novice or a seasoned trader, he or she is not impervious to falling for bad reviews on a brokerage he or she might not be thinking of signing up for. Trading is a gamble, and investing in markets through a brokerage firm is no joke.

LexaTrade – About the company

In this detailed review, we will cover various aspects of LexaTrade, including lexatrade news its trading platforms, account types, fees, customer support, and more. By the end of this review, you should have a clear understanding of whether LexaTrade is the right choice for your trading needs. LexaTrade developed its own proprietary trading platform displaying a high-level of functionality, speed, and profitability.

This enables safe trading using modern technologies and does not require downloading and installing platform software. MT4 Terminal is compatible with any desktop computer and operating system. It has listing charts for changing time ranges and combines many commercial operations. To sign up for any of the above-mentioned account types, all you have to do is simply fill in an online registration form available on its Lexatrade website. You should fill in the basic personal information, including your name, email, and contact number.

Its portability allows clients to trade anytime and anywhere without hassle. You can open positions, check your account, execute trades without delay. Using XCritical mobile app, you can set stop loss, take profit levels, track the movement of various assets’ quotes, know currency forecasts, and check your account balance at any time.

As a relatively new broker, LexaTrade aims to build a reputation based on competitive pricing, high-quality customer service, and an intuitive user interface. However, as with all newer brokers, it’s essential to exercise caution and thoroughly assess its features and regulations. 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.

This is also a great security measure against online hackers who transfer client’s funds into their bank accounts and withdraw the money. Also, LexaTrade only partners with trusted international banking institutions when handling their corporate funds. LexaTrade advertises several account types, from basic to VIP, each with distinct perks.