If the forex market is volatile, the commodities markets go through even higher levels of volatility, which means trades must be carefully decided upon. LexaTrade’s live support team is also available to help any client with it. Trading with LexaTrade lets you invest in globally-traded assets like U.S. oil, Brent, and spot gold. Company provides a brief overview of each market and a short list of assets, which clients can trade. LexaTrade wants to make sure their clients are knowledgeable about any trade before they begin.

1. Gaining more traders, LexaTrade expanded its services to different jurisdictions across continents.
2. It is also seen as long-term investments because of its steady and highly-profitable trading.
3. “If, in general terms, the company works honestly, and I would not say that LexaTrade scammers.
4. It was curated specifically for advanced traders who invest both in short and long-term.

However, these shortcomings are way different from allegations of fraudulent acts and schemes. Knowing more about Lexatrade – its features, pros and cons, customer reviews, and legitimacy as a financial service provider by reading comprehensive LexaTrade rezension in general. Our review will provide a rundown of Lexatrade’s trading service features, conditions, and other important aspects of its brokerage service. In this light, it can be said that LexaTrade is a legitimate business entity and is a regulated broker. Yet, questions remain whether this regulatory affiliation is strong enough to set aside fears of losing trading funds of clients in the event of insolvency.

In one way or another, clients who were unable to withdraw their funds from their accounts might have violated some conditions and guidelines without them knowing it. 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. Albeit contrary to one client review above, the issue can be easily identified as a misinformed judgment on the client’s part. Its mission is to provide traders and investors with maximum security of their transactions on foreign exchange, cryptocurrencies, and stock markets. The strongest suit of LexaTrade is its quality services, which were noted multiple times by traders in LexaTrade broker reviews.

Advantages In Comparison With Other Brokers

Its multi-asset trading services have garnered the trust of its clients and has earned it a spot in the top forex brokers in industry. LexaTrade has often been found on the wrong end of maligning client reviews. However, it is crucial to note that not all client reviews came from the real clients of the broker. This time, we will feature some of the feedback and reviews of current LexaTrade clients to give us some first-hand experiences with the broker and how they feel toward their service provider.

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Knowing which markets and assets you can trade is an integral part of choosing a broker. Some brokerage firms offer more assets than others, and that’s what makes them the preferred choice by traders. On the other hand, trading tools and research materials are all important helpers in assessing positions and executing trades. The information that these tools give are enough to forecast the probable results of each deal.

But browsing the broker’s official site, LexaTrade asserted the legality of its business operation and its regulatory compliance with the International Financial Market Relations Regulation Center (IFMRRC). LexaTrade has often been found on the negative side of things when it comes to client reviews. Black propaganda such as scammed by LexaTrade against the broker being stirred by its competitors can be another lexatrade login possibility to take into account. On top of these account types, a Demo Account is a good way for novice traders to test the trading environment and platforms of LexaTrade. In terms of financial instruments, account type gives users access to forex, cryptocurrency, commodities, and limited stock assets. It is also seen as long-term investments because of its steady and highly-profitable trading.

LexaTrade: Getting Into the Meat of an Honest Broker

From there, it grew to become a firm capable of bringing in advanced trading solutions coupled with a wealth of financial instruments, grooming itself to become the emerging online brokerage brand it is known today. LexaTrade offers trading instruments in stocks, https://cryptolisting.org/ shares, commodities, and foreign exchange markets. Currently, the broker has over 200 trading instruments offered to its traders. Looking at reviews about LexaTrade on various websites shows that the broker is actually trusted and respected by its clients.

After a lengthy and extensive probe into the services and LexaTrade Forex brokers reviews, let us sum up the advantages and disadvantages of LexaTrade as a broker. “If, in general terms, the company works honestly, and I would not say that LexaTrade scammers. Aside from hefty welcome bonuses ranging from 30% to 120% of initial deposit, LexaTrade also gives a referral bonus. Up to 50% of the total amount of the referred client’s initial deposit will be awarded to the referring trader. 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.

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. It comes with unique perks that will be very useful to professional traders. It is definitely more expensive than the Silver Account, but quality always comes with a price.

They also implement Negative Balance Protection, which prevents each client’s funds from reaching zero. Despite limited information available on the LexaTrade website, other Lexatrade broker reviews will tell you that the broker is under the Maxi Markets group. However, LexaTrade forex broker’s official site claims that the brand is owned and operated by Swissone Group Ltd.

It offers a Start account, Silver account, Gold account, Platinum account, and VIP account. For starters, LexaTrade has a “Refer a Friend” program, which allows an existing client to benefit from sharing the services of LexaTrade to friends and fellow traders. 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.

We will feature some feedback and LexaTrade broker reviews of current clients to give us some first-hand experiences with the broker and how they feel toward their service provider. LexaTrade ReviewProper regulations usually ensure that forex brokers are sufficiently capitalized in the event of insolvency or trading losses. It also guarantees the broker’s commitment to maintaining satisfactory dealing practices and keeping your money in secure and segregated accounts. Holding its business operations in Saint Vincent and the Grenadines, many traders doubt the legitimacy of the broker, let alone Lexatrade’s regulatory credential. This is because there are many traders online claiming to have been scammed by LexaTrade.

Fortunately, IFMRRC features a Compensation Fund scheme to be observed by all its 49 regulated brokers, including LexaTrade. LexaTrade developed its own proprietary trading platform displaying a high-level of functionality, speed, and profitability. It has an intuitive interface and highly-functioning terminals to make trading comfortable with minimal risks. LexaTrade platform contains more than 170 trading assets and tools to provide quality trading experience. LexaTrade is a forex broker that offers services in currencies, cryptocurrencies, commodities, stock, and indices trading. It is a brand name of Swissone Group Ltd. registered in Saint Vincent and the Grenadines.

Platinum account of LexaTrade broker takes the advantages and perks of previous accounts to a higher level. It was curated specifically for advanced traders who invest both in short and long-term. LexaTrade is licensed and regulated by the International Financial Market Relations Regulation Center or IFMRRC, a non-commercial organization that regulates the activity of brokerage firms in multiple jurisdictions.