The platform is structured to cater to ease of use, with clearly marked charts, technical indicators, order entry panels, and real-time market data. After a thorough review of the trading aspects of the broker, let us now conclude our assessment of the LexaTrade forex broker. 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. To round up LexaTrade’s trading serviceability, a broker has a decent platform and trading instrument offerings despite having relatively higher spreads.
LexaTrade bonuses and promotions
To serve the cause of fairness, the reviews last segment will quote both positive and negative ones, that were gathered from various trusted brokerage review sites. In LexaTrade review, the writer had highlighted LexaTrade’s provision of deposits commission. In addition, he or she had also brought the capability given to LexaTrade users to trade without any restrictions. LexaTrade is one of those brokerages that get the brunt of bad reviews. One look at its own Facebook page is enough to have you running in the other direction. The personal posts on LexaTrade’s timeline range from the banal and straightforward to the detailed and educated would leave a bad taste in your mouth.
MetaQuotes’ flagship offer, MetaTrader 4 (MT4 platform), is simply one of the most efficient trading software available in the market. Platform has an easy-to-navigate interface and has a generous number of trading tools. Through LexaTrade, traders are provided with an MT4 web terminal that permits them to trade safely through its technology without downloading it. Looking at reviews about LexaTrade on various websites shows that the broker is actually trusted and respected by its clients. Many have praised LexaTrade forex broker for its speed of providing services and giving more than what is expected of it.
- The spread on major currency pairs such as EUR/USD is relatively low, but the spread may widen for less liquid assets.
- Deposits are usually processed quickly, although processing times may vary depending on the chosen payment method.
- What the reading of review ultimately provides its readers is a fair assessment and perspective of LexaTrade.
- While not necessarily a red flag, this is completely inconvenient and taxing.
How Real is Negative Feedback on LexaTrade?
Approximately 95% of all client reviews on this website are positive. The remaining few were negative ones with an obvious goal, which lexatrade is smearing LexaTrade’s reputation. Other negative reviews listed on TrustPilot also detailed circumstances that unfortunately happen in markets but do not fall under broker’s control. LexaTrade official site provides a brief overview of every financial market, prioritizing currencies, commodities, and indices/shares. These are some of the most widely-traded markets by investors worldwide.
- This is awarded to a trader who refers a friend to trade with broker.
- Now we are going to know about LexaTrade’s accounts and how they shape a world-class broker.
- Look at one more LexaTrade forex brokers review by Phillip from the UK.
- The platform also offers different account types, each catering to various levels of trading experience.
- Rates, terms, products and services on third-party websites are subject to change without notice.
Identifying which reviews are true is also a skill that any aspiring trader must acquire. LexaTrade offers high-quality services to a wide range of clients. These are the reasons why LexaTrade has earned the trust of its global customers. 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.
To ensure the security of their clients’ funds, LexaTrade implements strict payment procedures. The client’s depositing method must also be used when withdrawing funds to prevent financial theft. This is also a great security measure against online hackers who transfer client’s funds into their bank accounts and withdraw the money. Also, LexaTrade only partners with trusted international banking institutions when handling their corporate funds.
Trading platforms of LexaTrade
Below are only some of the LexaTrade broker reviews written by legitimate clients on the website of TrustPilot. Trading accounts offered by LexaTrade are categorized into different types of traders. They were set specifically for catering to beginners, intermediate, professional, advanced, and expert traders. According to LexaTrade official site, the broker provides up to five account types.
Withdrawing Funds
In all reviews about LexaTrade, it is distinguished by the reliability and honesty of the company. Of course there are questions, but after correspondence with tech support everything is successfully resolved. We present your user reviews, according to the rating of a broker. Each broker must have regulations for each country where it offers trading.
Commodities
On the LexaTrade website you can find a Learning Center. It is divided into webinars, trading courses, and a reviewer/questionnaire. These materials gear towards beginning traders who are still in the process of acquiring decent knowledge about trading. On the other hand, reviewers and questionnaires are designed for beginners and professionals to refresh their acquired knowledge and ensure that they don’t forget anything.
Any existing trader can sign up to participate in the program and receive incredible bonuses. The broker offers a wide range of incentives, welcome bonuses, promotions, etc. New clients are especially showered with welcome bonuses as a means of getting them on board a unique trading experience. LexaTrade lacks educational resources, as no learning materials are available. The lack of webinars and trading courses makes the broker unsuitable for beginners.
I have been trading on market for 5 years, of which almost 2 years on LexaTrade. “If, in general terms, the company works honestly, and I would not say that LexaTrade scammers. It is not necessary to wait for some news, and the market is moving unpredictably. The Web platform displays 170 trading instruments, charts, and order management tools to monitor trading positions and technical adviser Autochartist effectively.
As I could have told early, this is how forex trading would have never gone…. “I am very cautious about this type of advertising on the Internet, but LEXATRADE platform was advertised by Robert Lewandowski and I thought that this is a guy you can trust. Trading platform works only on business days (recently there were a lot of days off), after paying $ 250 my capital increased by about 130%. By the way, I would like to thank my advisor-guardian, Mrs. Alicja K., who helps me a lot in making the right decisions.
