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With LexaTrade online platform, you can trade and invest from anywhere on the globe using the high-tech functionality and speed of the terminal. Our company is committed to providing the best trading services and processes for our clients. We have created and implemented an online platform for easy and efficient trading. Profit with minimal risk by using all the features of the terminal. Modern high-speed trading platform, with simple trading features. Variety of trading tools, automatic signals about profitable deals.
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LexaTrade learning is an interactive educational feature that aims to help novice traders to understand and learn about the market. The promotion is https://investmentsanalysis.info/ applicable for deposit amounts ranging from $500 to $5,000. The insurance covers upto 100% of total loss on all trades opened on the deposit day.
Lexatrade charges a spread on trades, which is the difference between the buy and sell price of a financial instrument. The spread varies depending on the account type and the financial instrument being traded. 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.
The spreads vary on the account type and instrument you trade in. The platform is relatively new in comparison to some prominent names already LexaTrade Review dominating the forex industry. However, it quickly garnered popularity among traders, thanks to one-of-a-kind features and the services.
However, much information regarding the same is unavailable on its website. The deposits are instant, while the withdrawal may take up to 3-5 business days to process. In my opinion, the platform should incorporate more payment methods. To deliver the most in-depth and unbiased verdict on the platform, we had taken it upon ourselves to conduct a comprehensive evaluation of LexaTrade’s offers and services.
NewsWIKIFX REPORT: How To Connect To Lexatrade Via Quantower
As such, we don’t think you can get a competitive trading service up until the $10,000 account at least. If you’ve been following our Lexatrade review, you’ve likely noticed that the broker takes a step forward and a step back. The case with its funding is much of the same, as there are some things that look good. For starters, there’s the fact that the cheapest account doesn’t require a huge deposit. However, it is an offshore broker restricted to operating in the US and Europe. Moreover these personal manager act as LexaTrade affiliates who enforce clients to deposit more on their platform.
What is the safest forex trading platform?
- TD Ameritrade.
- Interactive Brokers.
- Ally Invest.
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. The same goes for visuals, as the various elements are glaringly mismatched. It looks like the broker took stock images, put them in boxes, and called it a day.
They even have affiliates who individually promote platforms to others and force them to invest maximum money. But considering various reviews, we found that their so-called experts have very less knowledge and most trade signals are loss-making. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker.
Are there fake trading websites?
Fake and unregulated cryptocurrency exchanges scam potential victims by posing as legitimate exchanges. Scam exchanges often lure users with a celebrity endorsement, unsolicited phone calls, or emails promising extraordinary returns on investments.