Forex broker LexaTrade provides at least five necessary trading tools and research materials, the most important ones that either make or break a trade. Investors need these tools and materials every day since they hold key information about potential results of their executed trades. LexaTrade forex broker will give you a 70% welcome bonus and medium priority for withdrawals if you choose a gold account. It is a trading brand of Swissone Group Ltd. based in Saint Vincent and Grenadines. Scammers employ persuasive tactics to convince you to make an initial minimum deposit.

German industry grew more than expected

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. There is no fee to open an account and the fees for deposits and withdrawals are not specified anywhere on the website. There is no mention of an inactivity fee but we cannot guarantee that you won’t be charged one. However, better options are present online, and it’s easy for most traders to switch. But as we said, we don’t like paywalls for core features as a practice, although you may not mind them at all.

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The client’s depositing method must also be used when withdrawing funds to prevent financial theft. 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’s MT4 web terminal is a safe, secure trading platform that uses advanced technology and high-quality terminal work.

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On the other hand, the Web platform offered for the minimum account is quite enough for the average trader, so maybe that’s not a deal breaker. And besides, if you really want lexatrade scam to do advanced technical analysis, LexaTrade offers Meta Trader 4 so you can have the best of both worlds. The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader. Commodities being long-term investments means that they must be carefully decided. Broker LexaTrade ensures that its 24-hour client service team provides the best support to traders.

For those looking to enter the trading market, many reputable and transparent platforms offer safer and more secure services. But there’s also the fact that while it’s better than nothing, it’s not a significant improvement. So the regulation may impose negligible limits on the broker while generating a false sense of confidence for potential customers.

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IFMRRC stands for International Financial Market Relations Regulation Center. However, it’s apparent that it’s much less limiting than even the more lenient country-based regulators. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The information on Forex-mag.com does not serve as an investment or trading recommendation.

Our cutting-edge trading platform boasts high-speed capabilities and user-friendly features lexatrade for an enhanced trading experience. Benefit from Autochartist technology for market analysis and enjoy personalized assistance from dedicated account managers. Access a wide range of trading tools, including automatic alerts for lucrative opportunities. With enticing bonus programs, minimal spreads, and zero commission fees, our multi-lingual support team is always ready to help you. LexaTrade offers a generous 30% bonus on your initial deposit, meaning that if you start with $5,000, we will augment your balance with an additional $1,500.

• Performance analysis  Dedicated dashboards visualise your P/L, returns and performance history for any account and timeframe.
• Our cutting-edge trading platform boasts high-speed capabilities and user-friendly features for an enhanced trading experience.
• Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds.
• So, investment in creating its platform demonstrates broker development and rejects that LexaTrade scam.
• TrustPilot, one of the most reliable reviewers on the web, rates LexaTrade 4 out of 5 stars.

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Later they said that the amount was too low for a trade so I left the money there only to find later that the money has disappeared. The methods for deposit are Visa, CryptoWallet and e-Payouts and we assume the same methods will be used for withdrawals, although LexaTrade doesn’t mention this specifically. Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds. You should also contact lexatrade review your bank as soon as possible and let them know about your issue. The variety of instruments allows traders to diversify their portfolios, but the depth and range are average compared to industry leaders. But considering various reviews, we found that their so-called experts have very less knowledge and most trade signals are loss-making.

• These materials gear towards beginning traders who are still in the process of acquiring decent knowledge about trading.
• Open Free Account72% of retail investor accounts lose money when trading CFDs with this provider.
• LexaTrade is an offshore broker registered in Saint Vincent and Grenadines, currently has no any regulations.
• With a user-friendly interface and a range of trading tools, Lexatrade aims to provide an exceptional trading experience for both novice and experienced traders alike.

A client losing his funds from trading due to market circumstances is not a legitimate grounds to blame — LexaTrade cheating. LexaTrade official lexatrade site provides a brief overview of every financial market, prioritizing currencies, commodities, and indices/shares. LexaTrade ensures that their clients have sufficient knowledge about them before they begin trading. With the surge of online trading platforms, the potential for scams has also grown, and LexaTrade has emerged as a broker raising serious concerns. In this review, we’ll examine why users should exercise extreme caution if considering LexaTrade.

Global supply chains will take a long time to recover, experts…

In other words, you don’t have to deposit the entire amount you invest in your chosen CFD. Use only regulated brokers, verify every licence, and never rush investments. LexaTrade offers online trading but holds no licence from any recognised regulator such as the FCA. Subscribing to Social Media might not be the best idea to get an impression about the broker LexaTrade.

The remaining few were negative ones with an obvious goal, which is smearing LexaTrade’s reputation. Other negative reviews listed on TrustPilot also detailed circumstances that unfortunately happen in markets but do not fall under broker’s control. LexaTrade is a multi-asset broker whose wide range of services and financial instruments established its reputation. LexaTrade official site provides a brief overview of every financial market, prioritizing currencies, commodities, and indices/shares.