Lexatrade com Review: Legit or Scam?

At a glance, it seems amazing platform and opportunity to earn trading profit with LexaTrade experts. The domain name of this website has been registered several years ago. In general, the older the website the more trustworthy it becomes. However, scammers sometimes buy existing websites and start doing their evil thing, so please make sure you check for other scammy attributes as well.

If you own this website you can update your company data and manage your reviews for free. The variety of instruments allows traders to diversify their portfolios, but the depth and range are average compared to industry leaders. In order to correctly interpret LexaTrades review, you need to know how to distinguish a normal broker from a company that cheats people.

Deposit and Withdrawal Fees:

While the broker claims to offer reliable support, user feedback often highlights delayed responses and unhelpful interactions, particularly for withdrawal-related issues. MT4 is the platform of choice for professional traders, while the proprietary platform caters more to beginners. However, the proprietary platform’s lack of sophistication may not satisfy advanced users.

How does the scam unfold?

1. Over time, it has grown and developed advanced trading solutions and a variety of financial instruments, becoming a well-known online brokerage brand.
2. Ready to lead a global mission and be a key player in the fight against online fraud?
3. And besides, if you really want to do advanced technical analysis, LexaTrade offers Meta Trader 4 so you can have the best of both worlds.
4. LexaTrade fails to provide any information about its staff on its website and promise fake returns.

LexaTrade has a referral program in which affiliates receive up to 50% of the deposit amount as a bonus. Thus, a new trader without any experience must have a critical assessment of the information. Before starting a collaboration with any broker company, it is necessary to estimate all pros and contras, all possible drawbacks and benefits.

1. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
2. Brokers required various licenses and regulators’ approval to serve investors and traders.
3. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition.
4. You should also contact your bank as soon as possible and let them know about your issue.
5. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.
6. Organization and company which provides financial services need to obey various policies and get approval from regulators in every jurisdiction.

These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds. You should also contact your bank as soon as possible and let them know about your issue.

Am only happy because I found help after reporting to a recovery firm and they helped me recover all I lost to these fake crypto platform. My advice is that everyone need to be careful of the platform you deal with. If you have falling victim of these fake platform do not hesitate to file a complaint to Marketeace. Many people have complained that LexaTrade has locked or stolen their funds. Either balance gets zero or unable to withdraw funds due to invalid reasons. It is registered in Saint Vincent and the Grenadines which makes no sense.

The main feature of the financial pyramid is the offer of “free cheese in a mousetrap.” We can’t find much information at the lexatrade.com site. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds is lexatrade legit may not be secure, and there’s no protective regulatory framework. Unregulated entities can potentially abscond with your money without being held accountable.

Could you please help me find out if this broker offers Islamic Accounts or they actually charge swap fees?

If you think this website should be very popular, please invest additional time in researching the company as this is suspicious. For a smaller or starting website a low ranking can be considered normal. The educational resources are useful for beginners but lack depth for advanced traders seeking sophisticated strategies or detailed research. My choice fell on LexaTrade because the broker has a fairly good reputation. The broker has an excellent training center, there are quite a lot of video lessons and everything is explained. We see them in Hollywood films, ambitious and impudent, easily making profitable deals and getting richer in front of our eyes.

LexaTrade presents itself as an online trading platform, offering users access to various financial instruments, including forex, cryptocurrencies, stocks, and commodities. The platform claims to provide advanced trading tools and a user-friendly interface suitable for both beginners and experienced traders. 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. LexaTrade customer support is very impressive as it offers full-time support with 24/7 operating hours. The broker can be reached through multiple channels, including phone line and email.

On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader. Besides, LexaTrade’s Web platform offers all the tools that can turn a skilled trader into a profitable trader. I invested online to this company which I got stuck having challenges of posting withdrawal of my investment profit,I sent Vickers Mark all he needed to place a refvnd and I got a call by the bank… Information about withdrawals is missing and this should be addressed by LexaTrade. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client. Brokers required various licenses and regulators’ approval to serve investors and traders.

All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker. This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs. Lexatrade.com got a below-average Safety Score, suggesting potential risks.

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 available but Demo accounts are not; US traders are not accepted. 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.