LexaTrade Review 2022 Read about scam broker

The broker set up strict payment procedures for the safety of the trader’s funds and to prevent financial theft. The broker even partners with reliable and trusted international banking institutions while steering their corporate funds. Of course, the broker has options for downloadable terminals, web platforms, and mobile apps. The default proprietary platform is good enough, with an intuitive interface and a solid set of analytical features.

  • The server operator Almina Corp as is not a registered broker, investment advisor or broker.
  • Investing in indices such as NAS100, EUR50, JPN225, and USA30 provides several advantages to traders who are interested in index trading.
  • This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs.

N even u earn or make money from this platform, they will not let u withdraw money till u lose all ur money… There r lots of if n buts wen u wish to withdraw. Yes, trading with Lexatrade is a fraud/scam cheating making fool of small investors/traders by misguided by the staff insisting for more money deposit for stock trading. On request for withdrawal of USD 400, I was advised to open a del in sell segment of Natural Gas with USD196 than my entire balance gone negative. LexaTrade offers several trading instruments to choose from, with high leverage and low spreads for high liquidity and profits.

Whether it’s fake reviews by dishonest businesses or people getting trapped in unwanted and costly subscriptions, our consumer protections are overdue an upgrade. Has long campaigned for stronger powers for the Competition and Markets Authority, including tough enforcement and the ability to fine firms that break the law directly. If a firm is deemed to have strategic market status in key digital services, the DMU will be able to step in to set tailored rules on how they behave and operate.

Lexatrade Review – Is it good, or is it a scam?

The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality. All information should be revised closely by readers and to be judged privately by each person. A bunch of cheaters who have looten thousand of ppl till now n this may be ascertained from the reviews. They make false promises and convince you to invest money with a minimum amount of $250 once u visit the site. N then…u r trapped… B sure ..ur money is gone within days… I lost my 250 dollars within night. At the start they will tell u that they give 100% Insurance over the capital amount bt it’s big lie… They won’t give u even a penny.

It implies that you should pick a reliable broker for trading instead of a shady and offshore one. Therefore it is significant to figure out about https://cryptolisting.org/blog/relevance-in-accounting-for-whom LexaTrade before investing your money. The broker offers its traders two platforms, as we’ve indicated earlier in our Lexatrade review.

WHAT TRADING PLATFORMS ARE OFFERED BY LEXTRADE?

There are also other newbie-baiting features, such as the bonus that Lexatrade offers. A deposit match isn’t inherently a bad thing, but it’s commonly used by malicious brokerages. It lowers risk diversification as well by investing in the basket of different stocks of various companies and sectors. We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors. Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice.

Indices/Shares

Of course, broker appearance is nearly entirely irrelevant, but our point is that Lexatrade looks like something hastily put together. This includes video courses and E-books, similarly the questionnaire section offers the questions related to customer’s feedback on the platform. The promotion is applicable for deposit amounts ranging from $500 to $5,000.

LexaTrade provides a mulitlingual customer support 24/7 to deal with all queries via live chat, email and telephone. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness. I am going to file the cyber crime complain against them if they did not refund my money.

What is the maximum leverage offered by LexaTrade?

The app also offers a range of features to help users stay informed, including access to currency forecasts, real-time asset quotes, and the ability to set stop loss and take profit levels. Whether a beginner or an experienced trader, the XCritical mobile app is a great way to enhance your trading experience. It is regulated by the International Financial Market Relations Regulation Centre, making it a reliable broker in the forex market. The broker offers different types of accounts to its clients for better trading experience. LexaTrade is an online financial services company thats been providing superior and transparent trading services to all traders across the world in the trading markets.

Also lexatrade review trustpilot , lexatrade wikipedia are also showing bad numbers. 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. Even for the higher accounts, the spreads are wider than those from other brokerages that require similar price points. As we said earlier in our Lexatrade review, it offers a competitive trading experience, but it gets overshadowed by better companies.

Cheat Sheet Candlestick Patterns: Excel your trades

However, it’s apparent that it’s much less limiting than even the more lenient country-based regulators. Perhaps we’re being too harsh since if you know what you’re looking for, you’ll find it. We wouldn’t be surprised if entry-level traders couldn’t find their way around and simply decided to use another brokerage. LexaTrade learning is an interactive educational feature that aims to help novice traders to understand and learn about the market.

ComplaintsBoard.com is a leading complaint resolution website on the Internet. LexaTrade is a reliable broker that provides exceptional speed, functionality, and profitability. The platform is designed to offer a convenient and user-friendly trading experience, with excellent terminals that make trading profitable while minimizing risks.

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