It must be stressed that all LexaTrade reviews above were taken from existing, legitimate review sites. We listed lots of them not to confuse traders but to give a weighted and fair viewpoint on the brokerage. As this is the case, the traders are advised to take all claims quoted here with a grain of salt. Despite all reviews, it is strongly recommended to make decisions and build a strategy independently. As your success in the forex market depends only on you.
LEXATRADE IS TOATAL SCAM COMPANY .
Its first year of operation revolved around managing cash transactions in real-time trading using PAMM accounts. It then enhanced its offered trading solutions and its trading assets and instruments in the following years and groomed itself to become an emerging online brokerage brand. These clients are enough proof that ‘LexaTrade scammers’ is merely a baseless claim. The strongest suit of LexaTrade is its quality services, which were noted multiple times by traders in LexaTrade broker reviews.
What made you choose lexatrade.com over similar businesses?
The XCritical mobile app has an intuitive and simple interface that easily helps traders navigate the platform. Traders can also easily track the movement of market prices and get timely feeds of current forex forecasts through the functionality of XCritical mobile apps. Since the functions of the platform are separated, traders can also open and close transactions https://turbo-tax.org/ without delay and set Stop Loss and Take Profit quickly. The mobile app also provides brokers with the current account balance to easily check and replenish it when needed. Aside from throwing shades to the broker, some online client reviews also burst out that LexaTrade scammed them by not allowing them to withdraw their funds from their accounts.
Two Weeks before I also Lost Money
There are also broker review sites that speak well about the broker. Most of these positive reviews describe bonuses and promos. These online venues are unfiltered and, at times, uninformed and misguided. Unsubstantiated LexaTrade reviews in social media cannot be grounds for an objective assessment of broker work.
Account Types
Albeit contrary to one client review above, this issue can be easily identified as a misinformed judgment on the client’s part. LexaTrade offers high-quality services to a wide range of clients. These are the reasons why LexaTrade has earned the trust of its global customers.
Here, comments are quoted directly without analysis. The readers are only given an idea of what the online trading community thinks of lexatrade review a LexaTrade broker. You can communicate with people who trade on the LexaTrade platform or sign up for actual live LexaTrade accounts.
- However, that’s a minor complaint, as what you get for each account is actually pretty fair for the price point.
- It is not necessary to wait for some news, and the market is moving unpredictably.
- Even for the higher accounts, the spreads are wider than those from other brokerages that require similar price points.
- Black propaganda such as scammed by LexaTrade against the broker being stirred by its competitors can be another possibility to take into account.
LexaTrade’s live chat through its trading platform is complemented with other social media platforms, including Skype and email, as additional means of communication. On the LexaTrade website you can find a Learning Center. It is divided into webinars, trading courses, and a reviewer/questionnaire.
There are way too many categories on lexatrade.com, and navigating around the website is challenging. The dropdown menus have vague names, and as such, the categories inside them seem almost arbitrary. The same goes for visuals, as the various elements are glaringly mismatched. It looks like the broker took stock images, put them in boxes, and called it a day.
This feature provides 100% insurance on the deposit amount. The promotion is applicable for deposit amounts ranging from $500 to $5,000. The insurance covers upto 100% of total loss on all trades opened on the deposit day.
It’s by no means a strict scam, and in fact, it’s safer than the average broker, but you still need to tread carefully. One fact that’s relieving and concerning at the same time is the broker’s choice of the regulator. And if you’re unfamiliar with what IFMRRC is, we don’t blame you.
