LexaTrade lists the world’s biggest stocks, previous revenue, and forecasts. It also includes the date when the forecasted value is expected to happen so traders can prepare. A web-based proprietary platform that lets traders experience advanced trading. The platform also offers customizable charting, allowing users to tailor the charts based on different timeframes. A classic choice, particularly in Forex trading, the MT4 platform has garnered trust from seasoned traders ever since its launch in 2005. The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader.
How do I cancel my LexaTrade account?
It also provides listing charts that can be customized according to shifting time ranges. MT4 platform is a classic choice, especially for Forex trading, and has been trusted by expert traders since it was released in 2005. lexatrade imposes high-grade security measures across all its services. It ensures clients’ protection from cyber theft and market risks because they are very common in trading. Clients have also praised its safety and convenience, among all other qualities.
- Also keep in mind that the company is regulated (IFMRRC), which is not the fiercest of financial watchdogs, but any type of regulation is better than no regulation at all.
- It is a common thing in industries where services are the main product of companies.
- Given the nature of these sites, LexaTrade broker reviews and comments lodged through Social Media range from the uninformed to mere bias.
- Even without LexaTrade’s proprietary platform, MT4 and xCritical platforms are enough to render good trading conditions to create strong investment portfolios.
- Both statements did not detail Urbanek’s issues with the broker, and only proceeded to create false statements about it.
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But there’s also the fact that while it’s better than nothing, it’s not a significant improvement. So the regulation may impose negligible limits on the broker while generating a false sense of confidence for potential customers. Perhaps we’re being too harsh since if you know what you’re looking for, you’ll find it.
LexaTrade Review – Quick Overview
Many clients have expressed how LexaTrade has helped them build their trading careers and increase their profits. LexaTrade Forex brokers reviews are all over the Internet as proof of broker’s reliability and professionalism. Feedback from traders indicates that the words about LexaTrade scam and LexaTrade cheat don’t correspond to the reality. To choose the right broker, you should pay attention to the reviews of the clients. But you should know that sometimes these reviews are done according to the orders of the competitors. So, they decided to place a lot of negative reviews on the internet to prevent clients from using the services of Lexa Trade.
Which Trading platforms are offered by LexaTrade?
The XCritical mobile app has an intuitive and simple interface that easily helps traders navigate the platform. Traders can also easily track the movement of market prices and get timely feeds of current forex forecasts through the functionality of XCritical mobile apps. Since the functions of the platform are separated, traders can also open and close transactions without delay and set Stop Loss and Take Profit quickly. The mobile app also provides brokers with the current account balance to easily check and replenish it when needed. https://traderoom.info/ offers high-quality services to a wide range of clients. These are the reasons why LexaTrade has earned the trust of its global customers.
The Web platform displays 170 trading instruments, charts, and order management tools to monitor trading positions and technical adviser Autochartist effectively. LexaTrade provides a Web platform armed with a wide range of tools, risk-management features, and best trading solutions. 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.
The deposits are processed instantly, while withdrawal may take up to 3-5 business days. If you’ve been following our detailed Lexatrade review 2024, you have likely noticed the platform has not much to offer to its users. Caring for our clients, our company makes every effort to optimize the trading processes and services provided. Lexatrade ensures high-grade security measures for all the services it provides, to secure client’s funds. The methods for deposit are Visa, CryptoWallet and e-Payouts and we assume the same methods will be used for withdrawals, although LexaTrade doesn’t mention this specifically.
Lexatrade has potential, but it also has a lot of things bogging it down and making numerous questionable decisions. The asset access is limited, your withdrawal requests are low priority, and the spreads are extremely high. We’re nearly certain the broker made the accounts just to seem more open. The broker doesn’t hide the fact that it’s trying to goad you into depositing more. Even the withdrawal speeds increase as you go up to the higher accounts. And without the broker specifying the times, who knows how long it might take for you to get your money.
LexaTrade forex broker will give you a 70% welcome bonus and medium priority for withdrawals if you choose a gold account. One of the best services provided by LexaTrade is its trading platform, which was developed to incorporate unique features of the broker better. But other than that, LexaTrade also offers the MetaTrader4 and XCritical mobile app. The Reporting Season is the most profitable period in financial markets, and LexaTrade makes it a point to highlight this. It encourages its traders to participate in a program to maximize gains.