I fell into their trap one or two years back. I deposited $250 they gave me a bonus of $3.50. 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.
- You can also report about this issue to your local financial regulator or the regulator where the broker claims to be located.
- This means that when you open an account with $5,000 dollars, we will add to your account another $1,500 dollars.
- Many regulated brokers allow $50 and even $10 as minimum deposits, so maybe you should pick one of those.
- Claim your listing for free to respond to reviews, update your profile and manage your listing.
LexaTrade Product Features
I trade with some crypto platform not knowing they where sc! Am only happy because I found help after reporting to a recovery firm and they helped me recover all I lost to these fake crypto platform. My advice is that everyone need to be careful of the platform you deal with. If you have falling victim of these fake platform do not hesitate to file a complaint to Marketeace. Net this company helped me and I believe she can help you too. The minimum deposit is $250 and the available methods are Visa, CryptoWallet and e-Payouts; the processing time is not specified.
Information about withdrawals is missing and this should be addressed by LexaTrade. All we could find is that withdrawal processing takes up to 24 business hours and that a representative will contact the client in order to complete the processing of the withdrawal. This does seem like a friendly broker, but I am not sure it’s the best choice for a total beginner, simply because the lowest deposit to open an account is $250. Many regulated brokers allow $50 and even $10 as minimum deposits, so maybe you should pick one of those. On the other hand, if you are confident in your abilities and $250 is not a lot for you, then LexaTrade may be a good choice. On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader.
Due to this, trading speculations are available to customers based on the difference in the primary price and on its basis lexatrade.com login. Gain trust and grow your business with customer reviews. We use dedicated people and clever technology to safeguard our platform.
- One of the advantages of the payment system is the ability to conduct any transaction using bank cards.
- However, the payments we receive can influence the products, companies, or services we highlight and evaluate.
- The terminal works well, the connection is stable.
- Variety of trading tools, automatic signals about profitable deals.
- All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker.
- Autochartist signals are available at the bottom of the trading platform and while this is not a game changer, it’s still something worth mentioning, especially because some brokers charge you for Autochartist.
Autochartist market analyzing technology, personal manager. Variety of trading tools, automatic signals about profitable deals. Bonus programs, low spreads, 0% commission, multi-language call center. LexaTrade gives a 30% bonus on your first deposit. This means that when you open an account with $5,000 dollars, we will add to your account another $1,500 dollars. Trade and invest freely from anywhere on the planet with LexaTrade online platform using the high-tech functionality, speed, and profitability of the terminal.
Lexa Trade Sp. z o.o.
However, it’s important to note that some of the products https://traderoom.info/lexatrade-review-pros-cons-and-verdict/ we discuss are from our partners. I have been trading on the market for 5 years, of which almost 2 years on LexaTrade. There have never been problems with the company. The terminal works well, the connection is stable. There were no performance problems or disputes.
Should I Open An Account With LexaTrade?
The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader. A mobile platform is available but Demo accounts are not; US traders are not accepted. Autochartist signals are available at the bottom of the trading platform and while this is not a game changer, it’s still something worth mentioning, especially because some brokers charge you for Autochartist. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. Overall this is a promising broker but a few tweaks here and there would make it a better one. Lower deposits, more information about deposits and withdrawals, a basic FAQ, and a demo account are just a few adjustments that would go a long way and would make LexaTrade a higher-tier broker.
Compare LexaTrade alternatives for your business or organization using the curated list below. SourceForge ranks the best alternatives to LexaTrade in 2024. Compare features, ratings, user reviews, pricing, and more from LexaTrade competitors and alternatives in order to make an informed decision for your business. 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.
It is not necessary to wait for some news, and the market is moving unpredictably. One of the advantages of the payment system is the ability to conduct any transaction using bank cards. In addition, it is impossible to say that LexaTrade lie, because here you can pay with cryptocurrencies or other countries, such as precious metals, major currencies, and indicators. Lexatrade.com has a rating of 2.7 stars from 30 reviews, indicating that most customers are generally dissatisfied with their purchases. Lexatrade.com ranks 108th among Brokerage sites. 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.
This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs. EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets. LexaTrade can make a CFD transaction electronically and without a prescription.
Live chat support was available at the time of our visit but a bit slow to answer. The overall structure of the accounts at LexaTrade is too expensive in my opinion and putting a $10,000 barrier between the trader and MT4 means that the majority of clients will not use this platform. 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. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client. Everyone should understand how to distinguish a good broker from those that are often considered scammers and why forex is a scam. We present your user reviews, according to the rating of a broker.
Found Lexatrade.com, with a minimum $ 250 to start. I decided to withdraw it, but I had to wait a week. The most important thing is that the money came without cheating. Lexatrade has gotten all my hard earn money stucked and refused to allow me make a withdrawal of my assets, I met a review on how csp_jaun (at) proton. Me helped someone got their stolen money and I decided to give it a try and later put a smile on my face. Lexatrade has developed an online training program for traders that takes students from their first deal to consistent results in the market.
Webinars with experts, video lessons, and training materials have been selected and grouped according to the student’s level of competence. Every single one of our instructors has gone from a beginner to a practicing trader. They know what sort of difficulties you may encounter and are only too happy to share their experience with you. They will help you avoid errors in class so you can make your start in the profession even easier. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
I contacted them but till today, no response. Can anyone help me retrieve my money please. Lexatrade has launched a universal course for investors with any experience. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.