The amount that user will receive is entirely up to how much the new client has deposited. Bonus is guaranteed and will be processed speedily by LexaTrade. The broker doesn’t hide the fact that it’s trying to goad you into depositing more.
FINANCIAL EDUCATION FOR TRADERS
The strongest suit of lexatrade is its quality services, which were noted multiple times by traders in LexaTrade broker reviews. The company has even developed its own platform to carry the brand and quality of services expected of LexaTrade. Now we are going to know about LexaTrade’s accounts and how they shape a world-class broker. LexaTrade is a forex broker that offers services in currencies, cryptocurrencies, commodities, stock, and indices trading.
LexaTrade Bonus
The remaining few were negative ones with an obvious goal, which is smearing LexaTrade’s reputation. Other negative reviews listed on TrustPilot also detailed circumstances that unfortunately happen in markets but do not fall under broker’s control. To ensure the security of their clients’ funds, LexaTrade implements strict payment procedures. The client’s depositing method must also be used when withdrawing funds to prevent financial theft. This is also a great security measure against online hackers who transfer client’s funds into their bank accounts and withdraw the money.
Real LexaTrade Clients Reviews
LexaTrade’s live chat through its trading platform is complemented with other social media platforms, including Skype and email, as additional means of communication. 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. Being a global broker, LexaTrade has earned the praises of its clients and the ire of its detractors. Many critics have praised this broker for several reasons, while a select few spread libelous claims to destroy its reputation.
- This broker attracted me precisely with this – in all reviews about LexaTrade, it is distinguished by the reliability and honesty of the company.
- When an existing client successfully gets another trader to sign up to LexaTrade, clients are awarded up to 50% of the deposited amount of the new client.
- Apparently, the pair of customer reviews clearly reflects the broker’s honest and quality trading services, contrary to some maligning customer reviews that try to dent the broker’s reputation.
- LexaTrade also provides trading signals for each of your trades.
- These clients are proof enough that LexaTrade is far from what others think about the broker and its services.
- There is an account for a beginner, an intermediate, a professional, and an expert trader.
All materials are available after registration, so you can ensure that reviews like “LexaTrade courses scam” are not true. The broker offers a wide range of incentives, welcome bonuses, promotions, etc. New clients are especially showered with welcome bonuses as a means of getting them on board a unique trading experience. Collaboration of LexaTtrade with social networks proves that the company is reliable and tries to save trader’s money.
The fact of the matter is, going to sites like Facebook will only prove to be one frustrating affair. Accusations of fraud and scam not only against LexaTrade but also with many brokers. It is commonplace to read comments on your favorite social media platform and web forum. It fully meets the expectations of even professional traders and is not inferior in functionality to popular MT4. Lexatrade has developed an online training program for traders that takes students from their first deal to consistent results in the market.
That being said, they are very new at the time of this review, so there is time for improvement. 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. 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.
That is why, if you only choose the Forex broker, make your decision based only on verified official information. Registration in offshore zones for some traders is a red flag. But then, it must be noted that the success of trades is not necessarily reliant on the type of broker that a trader enlists but on strategies that they employ. And for sharpening and improving strategies,the broker offers many possibilities and tools. Kingsley Cole, A young and brilliant guy, called me and gave me the details via skype video call, email and normal call, I adhere to what he told me and I am experiencing it in a positive way.
That being said, caution should be used anytime money is involved, with all brokers, old or new. Just like any broker, https://forexhero.info/ flaunts a set of advantages to fish investors in the sea of online financial investment. Below are the most salient benefits LexaTrade offers to its users. 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.
After a thorough review of the trading aspects of the broker, let us now conclude our assessment of the LexaTrade forex broker. 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. Aside from hefty welcome bonuses ranging from 30% to 120% of initial deposit, LexaTrade also gives a referral bonus. This is awarded to a trader who refers a friend to trade with broker. 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.
While looking for the platform on Trustpilot, we went through many complaints, which indicate LexaTrade is a scam. LexaTrade learning is an interactive educational feature that aims to help novice traders to understand and learn about the market. Investing in indices such as NAS100, EUR50, JPN225, and USA30 provides several advantages to traders who are interested in index trading. This regulatory body is one of the most trusted in the world, meaning earning a regulatory status from an organization guarantees the safety and reliability of a broker. Cheapest and most expensive aren’t the most precise terms, as there’s no actual cost attached to the account. However, we can’t neglect the fact that $100,000 is a hefty sum and isn’t something anyone can reach.
The broker offers 5 primary account types, catering to the needs of every sort of trader. The minimum deposit at LexaTrade is $250m whereas its competitors offer account opening at $0. Looking at reviews about LexaTrade on various websites shows that the broker is actually trusted and respected by its clients. Many have praised LexaTrade forex broker for its speed of providing services and giving more than what is expected of it. Below are only some of the LexaTrade broker reviews written by legitimate clients on the website of TrustPilot. Even for the higher accounts, the spreads are wider than those from other brokerages that require similar price points.
Yes, LexaTrade is a scam dealer because it isn’t always regulated by way of any top tier regulatory watchdog. However, it holds a licence from the International Financial Market Relations Regulation Center. Despite this, it’s miles an off-shore broker limited to function within the US and Europe. Our in-depth and unbiased reviews help investors in choosing the best broker according to their investing needs. And that’s without mentioning our hunch that the broker isn’t entirely honest. Altogether, it’s just a middle-of-the-pack broker, and there are a ton of similar companies out there.
It is not a major shortcoming, but it may, to some extent, discourage some users. 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. Albeit contrary to one client review above, this issue can be easily identified as a misinformed judgment on the client’s part. Apparently, the pair of customer reviews clearly reflects the broker’s honest and quality trading services, contrary to some maligning customer reviews that try to dent the broker’s reputation. These clients are enough proof that ‘LexaTrade scammers’ is merely a baseless claim. Commodities market is a great opportunity to diversify portfolios.