LexaTrade Broker Review

For one, you can easily open multiple monitor windows inside the application. Second, you will have access to multiple charts and view tools for the foreign currencies, equities, or indices you want to watch. The application can be used for both real and demo trading. Once opened, it will ask you for your username, password, and server . The login you need to use is indicated on your dashboard — it is usually in a form of string of numbers. And the password is the password for your LexaTrade account.

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Binary options trading is now also available in LexaTrade. This type of trading is considered a high risk/high reward venture. To profit, you need to guess or analyze if an asset or currency will go up or down. For example, you choose to guess that the US dollar will appreciate in value. There are big differences between the web platform and desktop application.

LexaTrade Withdrawal

You should be aware that investing may result in financial loss. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee.

Thanks to the clear platform, independent analyzes can be carried out easily and with the app, you can keep an eye on your portfolio at all times. First of all I sent you $3000 and then you credited $2985. Deposit time,1st confirmation time and my funds reflection time on MT4 was less than 3 min.

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Having done this already with other exchanges I was positively surprised at how effective and quick LexaTrade was in comparison. This exchange takes its business, customers and security seriously and I think they will contend for the top spot going forward. I recently recovered my initial investment from this broker using unconventional means. I’m just glad the nightmare is over and am able to share my experience. Because I wanted to withdrawal a small amount of £100 they had to charge me a 20% withdrawal fee as it’s below the minimum amount as stated in the T&C’s.

For international transfers, a maximum of € 50 is required and SEPA transfers a maximum of € 5. The past has already shown very good results with a profit share of more than 60%. You can always view the past trades transparently on the homepage. The trading alerts are only available to Black Account customers. The customer support also scored very well in our review.

Articles About LexaTrade

From my experience, the app works just as well as the online platform or Metatrader 4/5. You will find all the necessary functions very top forex brokers quickly and get the fastest access to the markets. From our experiences and tests, the customer service at LexaTrade is awesome.

scammed by LexaTrade

If you already have an experience of cooperation with LexaTrade, please share your impression about services` quality. We will be grateful for any information about misuse or attempt of misuse of our brand names, websites, licences or services and will take any appropriate steps to protect our clients and our business. Be it tablets or smartphones, lexatrade broker reviews a huge percentage of people are now using mobile applications to handle all their tasks on the internet. If you are going to trade in CFDs, use wisdom and learn all you can. We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.

Account Opening

If you have questions or problems with the trading platform, you can simply contact an account manager or support. Videos with instructions are also available at LexaTrade. The trading fees are depending on the account type or asset. If you deposit more or have a high trading volume LexaTrade can provide you better trading conditions. Depending on the liquidity, a higher spread may occur. On average, however, spreads are 0.3 pips in forex and less than 1 point in stock indices. For better spreads, you can activate the VIP account or use the RAW Spread account .

  • LexaTrade is constantly adding to its assets listings, although it doesn’t offer such a comprehensive range as some of the other major players.
  • Its other trading markets are shares, commodities, binaries, and indices.
  • Deposits are fee-free but any withdrawal amount of 20 EUR or less will incur a charge of 10 EUR.
  • In addition, experienced traders can develop new strategies or even try new unknown assets to trade.
  • If you already have an experience of cooperation with LexaTrade, please share your impression about services` quality.
  • It is only difficult for people who have not done the research.

They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account. Try creating two accounts when you are working with LexaTrade. One is the real account, with your real money and the other is your demo account.

Regulated & Transparent Environment

We are very happy to hear that you are pleased with our Team’s services and we hope you continue to enjoy trading lexatrade website with LexaTrade. LexaTrade is known to the market because of its affordable features and the variety of options.

scammed by LexaTrade

In my history of trading and funding with crypto, no broker have ever requested for a screen shot of my wallet. It is very alarming for me to send you a screen shot of my WALLET to a company’s staff email address . This is very suspicious and outrageous request because I have never sent a screen shot of my wallet in order to receive my funds back. The internet, although at one time facilitated the ease of scams, is helping to make sites be more reputable because now the word spreads quickly when binary options sites are thought of as being scams. It operates with the goal of being a site that wants to be seen as one that is both professional and trustworthy. It is part of the reason why most binary options brokers have tightened their site security measures and sought out reputable exchange commissions to approve of the way they do business. LexaTrade falls under the strict regulation of none other than the renowned CySEC (License Number 199/13).

Free Account Opening For Everyone

To receive them you just need to register with LexaTrade and then log in. It’s not possible to make a withdrawal directly from your MT4 account, but you need to login to your LexaTrade one and request the withdrawal from there. The broker LexaTrade offers the opportunity to invest in them with all the major normal currencies in the world (British Pound, Yen, Australian Dollar, etc.). The classes deal with various topics, from the basic concepts of forex to the more advanced trading strategies.

scammed by LexaTrade

LexaTrade is a well known name in the world of binary options. Offering 24/7 trading, this broker offers over 250 underlying assets in six different trading formats and serves 500,000 clients worldwide. Offering returns of up to 85%, LexaTrade is a regulated and authorised broker, being registered with CySEC for the clients’ peace of mind. Their online account registration process is very simple and trading is intuitive and convenient through the Spot Option trading platform. With a good choice of deposit and withdrawal options and a high quality, multilingual customer service team who can be contacted via numerous methods, there is a lot going for this broker. The deposit and withdrawal at LexaTrade should not be a problem for you as the broker offers many different payment methods to capitalize on your trading accounts.

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The spreads could be a bit smaller in comparison, but the broker would have to cut back on other offers. The service for customers is excellent and recommendable. The only drawback that has been noticed concerns only those with small accounts who want to pay less than 100$/€. Webinars, coaching, market analysis, and trading signals are available to a trader. Therefore, one should not be dissuaded from the web to become a good trader. Practice in the demo account is the top priority at the beginning.

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