Lexatrade Review Is it good, or is it a scam?

lexatrade review

Yes, the broker offers trading services across the globe with a focus on countries like India, South Africa and most of Asian countries. The company charges a service charge of 5% if users make less than 5 independent transactions. The platform supports  bank wire, credit /debit cards, Skrill, Neteller and OrangePay for both deposits and withdrawals.

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The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. That being said, caution should be used anytime money https://traderoom.info/an-overview-vantage-fx/ is involved, with all brokers, old or new. There are also Islamic swap-free accounts and a sample trading account available. This is a fantastic service that covers all of the key markets and asset classes.


I got a pretty good manager, he explained everything normally, didn’t raise his voice, tried to answer all my questions. Once again, I realized that not all negative reviews should be trusted. The brokerage company LexaTrade login is an organization with many years of experience that provides traders with services within their electronic system. But of course, with the online reviews altogether polarizing, how does one filter the truth from fabrication? Yes, trading with Lexatrade is a fraud/scam cheating making fool of small investors/traders by misguided by the staff insisting for more money deposit for stock trading. A web-based proprietary platform that lets traders experience advanced trading.

Are there fake trading websites?

Fake and unregulated cryptocurrency exchanges scam potential victims by posing as legitimate exchanges. Scam exchanges often lure users with a celebrity endorsement, unsolicited phone calls, or emails promising extraordinary returns on investments.

Please read LexaTrade Reviews below and share your live trading experiences with this broker. The developer, XCRITICAL SOFT LTD EOOD, indicated that the app’s privacy practices may include handling of data as described below. It is registered in Saint Vincent and the Grenadines which makes no sense. At a glance, it seems amazing platform and opportunity to earn trading profit with LexaTrade experts. But we are skeptical about most activities and claim made by LexaTrade. LexaTrade provides access to popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.

NewsWIKIFX REPORT: How To Connect To Lexatrade Via Quantower

Lexatrade has launched a universal course for investors with any experience. LexaTrade has its own set of merits and demerits just like every other platform. The broker has a low user rating of 2.1, which clearly shows the platform’s low credibility.

We will give you an additional $1,500 when you open a new account with $5,000. With LexaTrade online platform, you can trade and invest from anywhere on the globe using the high-tech functionality and speed of the terminal. Our company is committed to providing the best trading services and processes for our clients. We have created and implemented an online platform for easy and efficient trading. Profit with minimal risk by using all the features of the terminal. LexaTrade is an online financial services company thats been providing superior and transparent trading services to all traders across the world in the trading markets.

Risk Warning:

While the first account is cheap, lexatrade.com also robbed it of most features. As such, we don’t think you can get a competitive trading service up until the $10,000 account at least. 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. However, that’s a minor complaint, as what you get for each account is actually pretty fair for the price point.

lexatrade review

However, it holds a licence from the International Financial Market Relations Regulation Center. Despite this, it is an off-shore broker restricted to operate in the US and Europe. We are here to conduct a comprehensive evaluation of LexaTrade’s offers and services for the most
in-depth and unbiased verdict.

What is the minimum forex account?

Capital Requirement: Most brokers require standard accounts to have a starting minimum balance of at least $2,000 and sometimes $5,000 to $10,000. Loss Potential: Just as you have the opportunity to gain $1,000 if a position moves with you, you could lose $1,000 in a 100-pip move against you.