LexaTrade Review: Honest Feedback on a Global Broker

Up to 50% of the total amount of the referred client’s initial deposit will be awarded to the referring trader. More so, the broker is a legit broker as it is duly regulated. Of course, the broker has options for downloadable terminals, web platforms, and mobile apps. The default proprietary platform is good enough, with an intuitive interface and a solid set of analytical features.

LexaTrade Web Platform

Clients have also praised its safety and convenience, among all other qualities. LexaTrade has certainly made it big in the trading industry, so let’s find out what makes it a cut above the rest. To ensure the security of their clients’ funds, LexaTrade implements strict payment procedures. The client’s depositing method must also be used when withdrawing funds to prevent financial theft. This is also a great security measure against online hackers who transfer client’s funds into their bank accounts and withdraw the money. Also, LexaTrade only partners with trusted international banking institutions when handling their corporate funds.

Commendable customer service

For example, you can invest in U.S. crude oil, Brent oil, spot gold, or silver. LexaTrade also provides trading signals for each of your trades. LexaTrade developed its own proprietary trading platform displaying a high-level of functionality, speed, and profitability. It has an intuitive interface and highly-functioning terminals to make trading comfortable with minimal risks. LexaTrade platform contains more than 170 trading assets and tools to provide quality trading experience.

Any existing trader can sign up to participate in the program and receive incredible bonuses. Reviews like “LexaTrade cheating” or “LexaTrade scammer” are nothing short of slander that only benefit the competitor. Even legitimate clients cannot benefit from false claims as it gives them a distorted view of a broker’s reputation. 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.

LexaTrade’s offering of the MT4 comes in a web version and it is compatible with any browser. Platform includes a customization feature that comes with listing charts and shifting time ranges. 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.

Friendly customer care

Many have praised LexaTrade forex broker for its speed of providing services and giving more than what is expected of it. Below are only some of the LexaTrade broker reviews written by legitimate clients on the website of TrustPilot. MtT4 platform is considered as the gold-standard for every other trading platform in the trading industry. It was developed by MetaQuotes and launched to the public in 2005. The MT4 performs as a classic choice in trading currencies and CFDs because of its user-friendly interface, speed of execution, and high-grade terminal work.

LexaTrade has proven that it belongs on the list of top forex brokers in the trading industry and meets users expectations. It displays high functionality, great customer service, convenience, availability, and dedication to clients. It improves its services based on what its clients ask for to work on the market, and this has earned the trust of traders everywhere. Real LexaTrade broker reviews can attest that company is worth trading with. LexaTrade broker’s platform comes with high speed, functionality, profitability. It is a convenient platform that has a user-friendly interface and great terminals, making way for profitable trading with minimal risks.

• And without the broker specifying the times, who knows how long it might take for you to get your money.
• Live chat support was available at the time of our visit but a bit slow to answer.
• The strongest suit of LexaTrade is its quality services, which were noted multiple times by traders in LexaTrade broker reviews.
• The same goes for visuals, as the various elements are glaringly mismatched.

The Bottom line on LexaTrade

It is not a major shortcoming, but it may, to some extent, discourage some users. Commodities market is a great opportunity to diversify portfolios. It is also seen as long-term investments because of its steady and highly-profitable trading. If the forex market is volatile, the commodities markets go through even higher levels of volatility, which means trades must be carefully decided upon. LexaTrade’s live support team is also available to help any client with it. Trading with LexaTrade lets you invest in globally-traded assets like U.S. oil, Brent, and spot gold.

However, the translation itself is shoddy, so the website ends lexatrade up looking unprofessional. One more thing, I found out that brokers registered in offshore countries such as the Marshall Islands or Saint Vincent and The Grenadines, and this threatens me. There is also a certain affiliate program on the site, which helps customers to bring new users, promising them a bonus in return. You can communicate with people who trade on the LexaTrade platform or sign up for actual live LexaTrade accounts. According to documents on LexaTrade official site, it is an officially registered company.

They can also set stop loss and take profit, track the movement of quotes, check forecasts for different instruments, and view their account balance. 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. On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader.

To round up LexaTrade’s trading serviceability, a broker has a decent platform and trading instrument offerings despite having relatively higher spreads. Let us move on to another aspect of broker review by looking into the client feedback of LexaTrade. This enables safe trading using modern technologies and does not require downloading and installing platform software. MT4 Terminal is compatible with any desktop computer and operating system. It has listing charts for changing time ranges and combines many commercial operations. To sign up for any of the above-mentioned account types, all you have to do is simply fill in an online registration form available on its Lexatrade website.

There are also broker review sites that speak well about the broker. This number allows you to choose the appropriate variant according to your professionalism, budget, and needs. You can find more detailed information on each account on the LexaTrade website, and in our review, we prepare a comparison table. Keep reading the LexaTrade rezension to know more about Forex broker, its services, and real reviews on work.

We wouldn’t be surprised if entry-level traders couldn’t find their way around and simply decided to use another brokerage. With these in mind, the allegations that someone was scammed by LexaTrade are seen as baseless and may simply be seen as the traders’ ignorance of how trading actually works. Now we will give reviews that can be found upon organic search of LexaTrade reviews. The readers are only given an idea of what the online trading community thinks of a LexaTrade broker. Subscribing to Social Media might not be the best idea to get an impression about the broker LexaTrade. The fact of the matter is, going to sites like Facebook will only prove to be one frustrating affair.

LexaTrade Real Reviews: What the World Wide Web is Saying

• The information on Forex-mag.com does not serve as an investment or trading recommendation.
• If you are a beginner or your strategy is not precise, there is a high probability of loss, and it is not the broker’s fault.
• And even then, you only get the web version, and you need the $50,000 account for the full unlock.
• Using XCritical mobile app, you can set stop loss, take profit levels, track the movement of various assets’ quotes, know currency forecasts, and check your account balance at any time.

It is praised for various reasons–from trading platforms to payment methods and its profitability. It is acquiring more and more clients as it continues to improve on the best services it could offer. Trading accounts offered by LexaTrade are categorized into different types of traders. They were set specifically for catering to beginners, intermediate, professional, advanced, and expert traders. According to LexaTrade official site, the broker provides up to five account types.

The remaining few were negative ones with an obvious goal, which is smearing LexaTrade’s reputation. Other negative reviews listed on TrustPilot also detailed circumstances that unfortunately happen in markets but do not fall under broker’s control. LexaTrade official site provides a brief overview of every financial market, prioritizing currencies, commodities, and indices/shares. These are some of the most widely-traded markets by investors worldwide. LexaTrade ensures that their clients have sufficient knowledge about them before they begin trading. It is divided into webinars, trading courses, and a reviewer/questionnaire.