I contacted them but till today, no response. Can anyone help me retrieve my money please. Lexatrade has launched a universal course for investors with any experience. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.
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This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs. EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets. LexaTrade can make a CFD transaction electronically and without a prescription.
Lexatrade experience www.lexatrade.com
- Payment can be made in three days – using the lender’s debit card, electronic services, or bank transfers.
- Can anyone help me retrieve my money please.
- We will give you an additional $1,500 when you open a new account with $5,000.
- The decision was made by the highest managerial body of the regulating organization � the IFMRRC Board.
- With LexaTrade online platform, you can trade and invest from anywhere on the globe using the high-tech functionality and speed of the terminal.
- I have been working with Lexatrade since the summer and have withdrawn money 3 times during this time.
Live chat support was available at the time of our visit but a bit slow to answer. The overall structure of the accounts at LexaTrade is too expensive in my opinion and putting a $10,000 barrier between the trader and MT4 means that the majority of clients will not use this platform. 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. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client. Everyone should understand how to distinguish a good broker from those that are often considered scammers and why forex is a scam. We present your user reviews, according to the rating of a broker.
The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader. A mobile platform is https://traderoom.info/lexatrade-review-pros-cons-and-verdict/ available but Demo accounts are not; US traders are not accepted. Autochartist signals are available at the bottom of the trading platform and while this is not a game changer, it’s still something worth mentioning, especially because some brokers charge you for Autochartist. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. Overall this is a promising broker but a few tweaks here and there would make it a better one. Lower deposits, more information about deposits and withdrawals, a basic FAQ, and a demo account are just a few adjustments that would go a long way and would make LexaTrade a higher-tier broker.
We make sure that for every 20% of theory our students are given 80% of practical examples that are bound to come in handy in real trading.
How can i withdraw from my lexatrade account?
Although FMRRC is an independent self-regulatory agency which was created to provide a level of regulation for derivative dealers and brokers. It has no connection to any official regulatory body, and has very few legal powers with regards to regulating FMRRC regulated brokers. LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities. 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.
Compare LexaTrade alternatives for your business or organization using the curated list below. SourceForge ranks the best alternatives to LexaTrade in 2024. Compare features, ratings, user reviews, pricing, and more from LexaTrade competitors and alternatives in order to make an informed decision for your business. There is no fee to open an account and the fees for deposits and withdrawals are not specified anywhere on the website. There is no mention of an inactivity fee but we cannot guarantee that you won’t be charged one.
- Even i have raised my concerns in their portals but no actions were taken.
- Lexatrade.com has a rating of 2.7 stars from 30 reviews, indicating that most customers are generally dissatisfied with their purchases.
- We do not present any investment advice or guarantees for the accuracy and reliability of the information.
- Only with him can I earn and withdraw money.
- The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge.
- The company was the first of MT4 trading companies, which allowed it to expand its position and take a leading position in the list of brokers in the market.
- For us, the results of our students are super important, so every webinar will present case studies based on real-life situations!
LexaTrade’s funding and investors
Found Lexatrade.com, with a minimum $ 250 to start. I decided to withdraw it, but I had to wait a week. The most important thing is that the money came without cheating. Lexatrade has gotten all my hard earn money stucked and refused to allow me make a withdrawal of my assets, I met a review on how csp_jaun (at) proton. Me helped someone got their stolen money and I decided to give it a try and later put a smile on my face. Lexatrade has developed an online training program for traders that takes students from their first deal to consistent results in the market.
Caring for our clients, our company makes every effort to optimize the trading processes and services provided. For your convenient and effective trading, we have developed and implemented a new online platform. Use all the capabilities of the terminal and make profit with minimal risks. Traders who have reached this state have more points, trade without restrictions on the number of transactions, have access to funds, and have the opportunity to defer payment.
Unfortunately, it is almost impossible to get the money back from this type of broker. You can try to withdraw small amounts (if the withdrawal limits allow you too), but do not invest more, you will only lose more in that case. You can also report about this issue to your local financial regulator or the regulator where the broker claims to be located. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page. Unfortunately LexaTrade doesn’t offer a lot of information about withdrawals but according to the website, a representative will contact you to complete the processing, which takes up to 24 working hours.
LexaTrade customer reviews scanning mixes digital and common currencies. Thus, traders can trade their currency pairs, creating, for example, a mixture of the dollar with bitcoins or the euro. This ensures that the trader can take into account the most insignificant prices and get a high level of volatility. The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge. It offers signals and pattern recognition and is generally regarded as a reliable tool but of course there are no guarantees that it will be profitable.
Due to this, trading speculations are available to customers based on the difference in the primary price and on its basis lexatrade.com login. Gain trust and grow your business with customer reviews. We use dedicated people and clever technology to safeguard our platform.
Information about withdrawals is missing and this should be addressed by LexaTrade. All we could find is that withdrawal processing takes up to 24 business hours and that a representative will contact the client in order to complete the processing of the withdrawal. This does seem like a friendly broker, but I am not sure it’s the best choice for a total beginner, simply because the lowest deposit to open an account is $250. 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.
I fell into their trap one or two years back. I deposited $250 they gave me a bonus of $3.50. Later they said that the amount was too low for a trade so I left the money there only to find later that the money has disappeared.