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A https://forex-reviews.org/ match isn’t inherently a bad thing, but it’s commonly used by malicious brokerages. That’s especially true if the bonus goes as high as it does at lexatrade.com. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.

Many brokers and so-called investment firms are not honest. If they’re illegally holding onto your money, you can easily recover it here. However, better opmarkets60ns are present online, and it’s easy for most traders to switch. Of course, the broker has opmarkets60ns for downloadable terminals, web platforms, and mobile apps. As such, our Lexatrade review isn’t off to the greatest start. The broker’s offer does actually seem decent enough, but the presentamarkets60n isn’t up to par.

Customer Service at Lexatrade

Our platform includes secure data storage, diligence management, pipeline management, integramarkets60n management, as well as overall project management. ForexPeaceArmy.com has advertising and affiliate relamarkets60nships with some of the companies menmarkets60ned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relamarkets60ns.

Saint Vincent and the Grenadines is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body. The government of the SVG has stated in the past it does not regulate any form of forex trading. Now daily some 10 people call me to start trading and if I say I am not interested they wont le t me go.

If you’ve been following our Lexatrade review, you’ve likely noticed that the broker takes a step forward and a step back. The case with its funding is much of the same, as there are some things that look good. For starters, there’s the fact that the cheapest account doesn’t require a huge deposit. We aren’t the biggest fan of the huge jumps between the sums you need for different account types.

Postpe Review: What is it? A Credit Card App with Charges Analyzed

They are scamsters hiding in remote offshore islands with no law and order. They encourage you to extract maximum amount from you and then open deals conveniently to bring you down to “ALL RED” and refuse to return a single penny. Many people have complained that LexaTrade has locked or stolen their funds. Either balance gets zero or unable to withdraw funds due to invalid reasons. But Lexatrade is severing the whole world through its website.

In the time of informatizamarkets60n, it is not difficult to check the legitimacy and reliability of any company or broker. It is simple to safeguard yourself against fake brokers or blacklisted brokers. However, if you want more informamarkets60n, you can read these common practices followed by scam brokers. In this pormarkets60n of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. There are also other newbie-baiting features, such as the bonus that Lexatrade offers.

Exclusive Markets provides a secure, transparent, and powerful platform for investors to access thousands of financial instruments. Exclusive Markets’ team has over 30 years of financial industry experience and expertise. They offer reliable financial services to clients in more than 180… Search by account type, minimum deposit, and maximum leverage in 2,000+ forex brokers. After pursuing this review and reading other negative LexaTrade reviews, it is clear that this broker is a scam.

LexaTrade Review: Leverages and Accounts

Also keep in mind that the company is regulated , which is not the fiercest of financial watchdogs, but any type of regulamarkets60n is better than no regulamarkets60n at all. That being said, caumarkets60n should be used anytime money is involved, with all brokers, old or new. On the other hand, the majority of traders don’t need Expert Advisors, scripts and the stuffy interface of Meta Trader. Besides, LexaTrade’s Web platform offers all the tools that can turn a skilled trader into a profitable trader. If you are already in it, you can get help from LFr es cue • org let’them guide you!

Assuming you deposited $100 and lost 60% of the funds and attempted to withdraw $40, Lexa Trade broker would never process such withdrawal request. Nearly all brokers will give you a raw deal if you fail to read their ToS regarding their deposit bonuses. LexaTrade claims to offer the tightest spread in the industry.

Forex Trading Platform

Trading is protected and dependable with the right broker and a nightmare with a scam broker. 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 LexaTrade before investing your money.

Modern high-speed trading platform, with simple trading features. 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. 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 funcmarkets60nality, speed, and profitability of the terminal.

Meanwhile, most of the complaints are related to the LexaTrade is a scam and accounager who force clients to make more deposits. The broker has a lot of complaints and the majority of negative LexaTrade reviews can be found at Trustpilot. The deposits are instant, while the withdrawal may take up to 3-5 business days to process. In my opinion, the platform should incorporate more payment methods.

How To Delete LexaTrade Account?

But first we will focus on the level of service provided by the broker. We feel that we need to touch on the regulatory status of LexaTrade some more because there are many interesting things to say regarding their standing with financial regulators. Their marketing materials suggest that Lexa Trade broker is owned by a firm called SwissOne Group Ltd, which is incorporated in the St. Vincent and Grenadines.

And besides, if you really want to do lexatrade review technical analysis, LexaTrade offers Meta Trader 4 so you can have the best of both worlds. After examining Lexatrade, we have found some reasons to tread carefully. If you have lost money with Lexatrade, any other broker or simply want to find out more about another broker, speak to our experts. We advise clients and can help them file a persuasive claim against scam brokers. With investigative reports and guidance, we can help you on the way to retrieving your funds. It is tough to recognize the fake brokers from first look – yet that is the place where we can help.

• In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums.
• Exclusive Markets’ team has over 30 years of financial industry experience and expertise.
• Reviews are updated regularly to ensure that every trader has the most up-to-date informamarkets60n before making a choice.
• And has global presence with headquarters at Beachmont Business Centre, Suite 39, Kingstown, Saint Vincent and Grenadines.

However, the translamarkets60n itself is shoddy, so the website ends up looking unprofessional. After analyzing the detailed LexaTrade review, we can say the company is totally a scam. The platform allows traders to access all popular commodities worldwide.

Since they persuade to open account, after I do know of them attend to my email again. At a glance, it seems amazing platform and opportunity to earn trading profit with LexaTrade experts. As per the whois data, the domain Lexatrade.com was registered in September 2018, and according to similar web data it has around 13k monthly traffic from Kenya (60%) and India (26%).

However, that’s a minor complaint, as what you get for each account is actually pretty fair for the price point. One more significant concern is that the broker locks the MT4 platform behind the more expensive account types. Lexatrade has five different account types covering budget and high-end opmarkets60ns. The broker uses a tiered account progression where each type requires you to reach a specific threshold. The cheapest opmarkets60n is $250 while the most expensive is $100,000.