It has listing charts for changing time ranges and combines many commercial operations. Being a global broker, LexaTrade has earned the praises of its clients and the ire of its detractors. Many critics have praised this broker for several reasons, while a select few spread libelous claims to destroy its reputation. 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.
LexaTrade Review: Customer Support
lexatrade learning is an interactive educational feature that aims to help novice traders to understand and learn about the market. Investing in indices such as NAS100, EUR50, JPN225, and USA30 provides several advantages to traders who are interested in index trading. This regulatory body is one of the most trusted in the world, meaning earning a regulatory status from an organization guarantees the safety and reliability of a broker. Cheapest and most expensive aren’t the most precise terms, as there’s no actual cost attached to the account. However, we can’t neglect the fact that $100,000 is a hefty sum and isn’t something anyone can reach.
CUSTOMER SUPPORT
Broker https://traderoom.info/ ensures that its 24-hour client service team provides the best support to traders. Trading in commodities markets subjects you to high volatility, an excellent investment opportunity. You can choose which assets to trade, including the biggest and most popular ones. 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. Don’t worry about it, because you can’t make a big profit in Forex trading without investment.
Conclusion on LexaTrade Broker Work
It seems like the website wasn’t designed in English, but rather translated from another language. We know some brokers like to take that approach, and it usually works moderately well. However, the translation itself is shoddy, so the website ends up looking unprofessional.
What is the LexaTrade minimum withdrawal limit?
It can be concluded that LexaTrade official site is a legitimate business entity and is a regulated broker. Yet, questions remain whether this regulatory affiliation is strong enough to set aside fears of losing trading funds of clients in the event of insolvency. Fortunately, IFMRRC features a Compensation Fund scheme to be observed by all its 49 regulated brokers, including LexaTrade.
Now we will delve deeper into the specifications of each account type and choose which is most fitting to each trader. Lexa Trade allows global traders to access financial markets, including Forex, Stocks etc. However, the broker has a low user rating, with mixed reviews as some complain about the platform while others appraise it. So, to help you out in deciding whether it’s a worthy broker, let’s take an in-depth look at the platform with our detailed LexaTrade review.
Fill out the application form with your personal information, including your name, mobile number, email address, and a secure password. There are way too many categories on lexatrade.com, and navigating around the website is challenging. The dropdown menus have vague names, and as such, the categories inside them seem almost arbitrary.
- There is an account for a beginner, an intermediate, a professional, and an expert trader.
- It is commonplace to read comments on your favorite social media platform and web forum.
- This broker offers a balanced mix of functionality and user-friendliness.
- Knowing which markets and assets you can trade is an integral part of choosing a broker.
It contains no legitimate grounds or even constructive criticism about brokers. It plainly claims that this broker is something else without any proof. Baseless accusations like these are examples of libelous claims executed by competitors to smear another broker’s reputation. The most significant advantages of gold accounts are reduced spreads and the possibility of passive earnings. Users can cancel their trading account at any time by sending their concerns to an email address or by contacting an administrator. The broker has a low user rating of 2.1, which clearly shows the platform’s low credibility.
We will feature some feedback and LexaTrade broker reviews of current clients to give us some first-hand experiences with the broker and how they feel toward their service provider. LexaTrade has often been found on the negative side of things when it comes to client reviews. Black propaganda such as scammed by LexaTrade against the broker being stirred by its competitors can be another possibility to take into account. 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. You should fill in the basic personal information, including your name, email, and contact number. Gaining more traders, LexaTrade expanded its services to different jurisdictions across continents.