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. It allows them the greatest reach, as the primary concern with the accounts is budget rather than trading style. Looking at reviews about LexaTrade on various websites shows that the broker is actually trusted and respected by its clients.
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They have some very interesting ideas and offers, but it’s also understandable why so many people are pushed away from this broker. Overall, LexaTrade is committed to providing exceptional speed, functionality, and profitability to ensure a convenient and user-friendly trading experience for all its users. LexaTrade offers tight spreads which ensures competitive trading costs.
Customer Complaints and Negative Reviews
One of the first problems a novice trader faces is choosing a broker. You might think this is an easy task because all you have to do is look up brokers on the internet. However, there is too much information about brokers to make the right assessment and choice. You can also stumble upon information about why Forex is a scam, which is mostly coming from individuals who either did not take trading seriously or chose a dishonest broker. Fortunately, client support is still available for everyone on the platform, regardless of their status.
Company Representative
Lexatrade claims to prioritize the safety of its client’s funds. But we are skeptical about most activities and claim made by LexaTrade. Gain trust and grow your business with customer reviews. We use dedicated people and clever technology to safeguard our platform.
User Opinions
- Companies can ask for reviews via automatic invitations.
- Three times my account manager was changed but nobody approved my withdrawal request.
- LexaTrade has proven that it belongs on the list of top forex brokers in the trading industry and meets users expectations.
- So far, EvenInsight have scanned over a half million websites.
- Every broker has received negative feedback from customers, critics, and even the general trading industry was accused of cheating.
Along with the broker’s regulatory background, this broker review will also rundown key advantages and features of LexaTrade. Additionally, it will provide https://investmentsanalysis.info/s from LexaTrade clients to help you picture out the broker’s overall service. Every broker has received negative feedback from customers, critics, and even the general trading industry was accused of cheating. It is a common thing in industries where services are the main product of companies. Even the most reliable companies that have graced the top brokers’ list for many years have received negative feedback.
It should be noted that, although they confine you to the poor conditions when compared to the usual exchanges, they also rarely cheat you. That’s one of the main reasons why there are so many good reviews. The impartial user reviews from the dedicated aggregators can tell you precisely what to watch out for and what to aim for on any exchange. Trading platforms offered by LexaTrade are MetaTrader4, XCritical Mobile app, and LexaTrade WebPlatform. Up till now the didn’t pay, the keep pretending by calling. I said the should refund my money am not interested.
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. In many LexaTrade Reviews, it has been highlighted that this broker has a lot to offer. Its wide range of trading platforms and a sophisticated set of tools and research materials attract many traders. Its competitive trading conditions and diverse range of trading accounts are also an advantage.
For starters, LexaTrade has a “Refer a Friend” program, which allows an existing client to benefit from sharing the services of LexaTrade to friends and fellow traders. A program entails any existing client receiving 50% of the deposited amount of any new trader they’ve successfully encouraged to sign up with LexaTrade. 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. 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 continually provides excellent services in stocks, cryptocurrencies, indices, and commodities trading to a wide client base. Both beginners and professionals are recommended to trade with this broker. Furthermore, a strict payment method such as this one keeps online hackers and cyber thieves from transferring the client’s funds into another in order to be stolen. An added security in keeping this security measure placed is the fact that LexaTrade only partners with respected global banks in handling its clients’ and its own corporate funds. One of LexaTrade’s consistent principles over years of service is the safety net of its clients. Trading entails many risks in itself, which is why this broker does what it can to protect its clients from third-party dangers.
The phrase you could lose more money than you began with is embedded in every risk disclaimer, and every trader should be aware of this before trading. A client losing his funds from trading due to market circumstances is not a legitimate grounds to blame — LexaTrade cheating. You also have free access to paid webinars, a once-a-week communication with a VIP analyst, full-time stock trading, special offers, and a customized portfolio for the earnings season. This account is especially curated for professional traders trading in four financial markets. Knowing which markets and assets you can trade is an integral part of choosing a broker.