LexaTrade: Getting Into the Meat of an Honest Broker

LexaTrade: Getting Into the Meat of an Honest Broker

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. 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. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.

LexaTrade Web Platform

It doesn’t do anything to stand out, and the vast majority of traders can easily find an option that’s both more comfortable and more powerful. We aren’t the biggest fan of the huge jumps between the sums you need for different account types. 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. The setup itself is tried and true and is one of the most common ways for brokers to structure their accounts.

The Welcome Benefits of Trading with LexaTrade

It provides explanations to forex movements, IPO announcements, currency forecasts. U.S. dollar and political events in the United States are only some of the regular topics in economic news. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework. Unregulated entities can potentially abscond with your money without being held accountable. Forex Broker attracted me precisely with this – in all reviews about LexaTrade, it is distinguished by the reliability and honesty of the company.

Fund and Account Security

• The platform promotes itself as a simple, user-friendly way to trade popular cryptocurrencies like Bitcoin, Ethereum, and more.
• 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.
• At our webinars, you get information directly from market professionals.
• It doesn’t do anything to stand out, and the vast majority of traders can easily find an option that’s both more comfortable and more powerful.
• We listed lots of them not to confuse traders but to give a weighted and fair viewpoint on the brokerage.

LexaTrade’s provision of these platforms allows for good options for transacting their trades. Even without LexaTrade’s proprietary platform, MT4 and xCritical platforms are enough to render good trading conditions to create strong investment portfolios. MetaQuotes’ flagship offer, MetaTrader 4 (MT4 platform), is simply one of the most efficient trading software available in the market. Platform has an easy-to-navigate interface and has a generous number of trading tools. Through LexaTrade, traders are provided with an MT4 web terminal that permits them to trade safely through its technology without downloading it.

According to LexaTrade official site, the broker provides up to five account types. They vary in features but are all promoting convenient and secure trading. LexaTrade is a forex broker that offers services in currencies, cryptocurrencies, commodities, stock, and indices trading.

It is an innovative approach to trading in a busy, hectic world. Wondering whether Lexatrade scammers or not, let’s analyze its services and development level. When it comes to platforms, broker LexaTrade ensures clients enough options to choose from. This is why aside from MetaTrader4 and XCritical, they’ve also developed a platform to embody important qualities and characteristics. LexaTrade forex broker will give you a 70% welcome bonus and medium priority for withdrawals if you choose a gold account.

ONLINE TRAINING PROGRAM FOR TRADERS

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. And that’s without mentioning our hunch that the broker isn’t entirely honest. Altogether, it’s just a https://traderoom.info/lexatrade-review-pros-cons-and-verdict/ middle-of-the-pack broker, and there are a ton of similar companies out there.

Baseless accusations like these are examples of libelous claims executed by competitors to smear another broker’s reputation. LexaTrade is a multi-asset broker whose wide range of services and financial instruments established its reputation. It is a trading brand of Swissone Group Ltd. based in Saint Vincent and Grenadines.

New clients are especially showered with welcome bonuses as a means of getting them on board a unique trading experience. The first LexaTrade review is found on TrustPilot’s page and the other one is written on LexaTrade’s Facebook page. Both statements did not detail Urbanek’s issues with the broker, and only proceeded to create false statements about it.