We wouldn’t be surprised if entry-level traders couldn’t find their way around and simply decided to use another brokerage. Daily Market News are financial reports that thoroughly assess the impact of global events on the financial markets. 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.

  1. They can open positions, execute trades quickly, and monitor their account balance from anywhere, at any time.
  2. It is praised for various reasons–from trading platforms to payment methods and its profitability.
  3. The user-friendly UI of the platform helps both beginner and professional alike.
  4. It was developed by MetaQuotes and launched to the public in 2005.
  5. It can be concluded that LexaTrade official site is a legitimate business entity and is a regulated broker.

The dropdown menus have vague names, and as such, the categories inside them seem almost arbitrary. Of course, broker appearance is nearly entirely irrelevant, but our point is that Lexatrade looks like something hastily put together. Fill out the application form with your personal information, including your name, mobile number, email address, and a secure password.

Lexa trade fraud stock website I have…

These statements have no legitimate grounds and are clearly libelous. It does not provide any evidence that he was scammed by LexaTrade, or any idea of problems that Urbanek has encountered with the broker, hinting at the probability of reviews illegitimacy. False statements like these are easy to create but have a dangerous impact on the broker’s reputation. This is why reviews like these are most often created by competitors. Platinum account of LexaTrade broker takes the advantages and perks of previous accounts to a higher level.

Contact the team or website written in

Lexatrade offers full-time support with 24/7 operating hours. That, along with the multiple phone lines, makes the https://cryptolisting.org/ broker easy to reach. The representatives are adept at problem-solving, so the overall communication flow is great.

LexaTrade is a reliable broker that provides exceptional speed, functionality, and profitability. The platform is designed to offer a convenient and user-friendly trading experience, with excellent terminals that make trading profitable while minimizing risks. With over 170 trading instruments, various tools, and timely risk management features, the platform ensures a high-quality trading experience overall.

I learned about the company much earlier, but I came across a network about the negative about it. In comments on one forum, I read the information that «LexaTrade courses scam,» fraud, etc. Then he learned from a friend working with this company that all this is complete nonsense. As a result, I opened an account there, on which I have been trading for six months.

LexaTrade customer support is very impressive as it offers full-time support with 24/7 operating hours. The broker can be reached through multiple channels, including phone line and email. The support team is problem-solving and responds quickly, so the overall communication with the team was great. MT4 is one the world’s most famous and reliable trading platforms for Forex. The user-friendly UI of the platform helps both beginner and professional alike.

In our review, we will answer the question of whether the LexaTrade scam or not. This is a Scam firm.They are scammers and they building up with gullible people’s money. You’re kindly advised not to fall for their useless tricks and fake brits accents. The account officer in charge claimed that he has being busy for over one month now. I borrowed this money and am paying the interest on weekly basis.


One of the security measures that LexaTrade has imposed for the safety of its clients is strict payment procedures. The broker only accepts one method in deposit and withdrawal processes to prevent theft. It only partners with trusted global banks in handling their clients’ funds in segregated accounts. They also implement Negative Balance Protection, which prevents each client’s funds from reaching zero. XCritical platform is favored by 8 out of 10 traders in the Forex trading industry.

Forex Cards: Usage and Benefits

It is compatible with all major web browsers and enables traders to execute various types of transactions. The broker provides a decent and fair set of trading conditions coupled with some advanced trading tools and platforms. They also provide traders the optimal opportunity to learn the basics and complexities of trading through different educational resources. On top of these account types, a Demo Account is a good way for novice traders to test the trading environment and platforms of LexaTrade.

This is mostly the case when a broker buys a white label from a company that offers MT4 trading platform for renting. I consider LexaTrade a reliable and conscientious company. This broker attracted me precisely with this – in all reviews about LexaTrade, it is distinguished by the reliability and honesty of the company. Of course there are questions, but after correspondence with tech support everything is successfully resolved. While the first account is cheap, lexatrade.com also robbed it of most features.

IFMRRC stands for International Financial Market Relations Regulation Center. It’s a non-commercial organization that regulates about 60 brokerages. However, how genuine is lexatrade it’s apparent that it’s much less limiting than even the more lenient country-based regulators. So the broker’s clunky website has us seriously concerned.

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. The methods for deposit are Visa, CryptoWallet and e-Payouts and we assume the same methods will be used for withdrawals, although LexaTrade doesn’t mention this specifically. Fake reviews do irreparable damage to businesses, offer consumers a misleading view of a business and devalue the efforts of honest customers leaving genuine feedback. Don’t worry about it, because you can’t make a big profit in Forex trading without investment. Unfortunately, LexaTrade forex broker does not offer a demo account, where beginners can make their first steps in trading, and professional traders improve strategies.