With the VIP account, it sits at 120% of your deposit. Similar bonuses often have thick strings attached, so be sure to read the terms if you intend to invest. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities.
Withdrawal big issue
Given platforms are simply a free-for-all, just about anyone, regardless of education and inclination, can post whatever their ill-conceived experiences allow them to. That is why, if you only choose the Forex broker, make your decision based https://turbo-tax.org/ only on verified official information. LexaTrade is a promising, actively developing broker. It offers a wide range of services to users. Here you can train as a beginner and sharpen your strategies if you are an experienced Forex trader.
You are unable to access scam-detector.com
Then he learned from a friend working with this company that all this is complete nonsense. As a result, I opened an account there, on which I have been trading for six months. The platform works stably, occurs smoothly and quickly. MetaQuotes’ flagship offer, MetaTrader 4 (MT4 platform), is simply one of the most efficient trading software available in the market.
Fund and Account Security
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. According to LexaTrade rezension, it supports four financial markets. Each of them are fully available to all clients. Company provides a brief overview of each market and a short list of assets, which clients can trade.
- 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.
- However, withdrawals may take a bit longer, usually about 3-5 business days to process.
- 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.
- I have been working with LexaTrade broker for six months now.
Platinum Account
We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. They initially told me that withdrawal is very simple with no hustles. These instruments are highly profitable and risk-oriented. Thus, LexaTrade guides investors before they start investing through their educational resources.
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. LexaTrade’s MT4 Terminal is also a viable option for traders. “I decided to try my hand at trading in financial markets.
For us, the elephant in the room when visiting lexatrade.com is how clunky the language is there. It seems like the website wasn’t designed in English, but rather translated from another language. We know some brokers like to take that approach, and it usually works moderately well. However, the translation itself is shoddy, so the website ends up looking unprofessional. 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.
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. All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker. This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs. If, in general terms, the company works honestly, I would not say that there are some illegal actions. It is unnecessary to wait for some news, and the market is moving unpredictably.
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 lexatrade reviews in our Lexatrade review, it offers a competitive trading experience, but it gets overshadowed by better companies. The broker provides a decent and fair set of trading conditions coupled with some advanced trading tools and platforms.