Their agents are well trained and professional, and dedicated to quickly resolve the queries of all clients. While the minimum withdrawal amount at the Lexatrade platform is $100, in most cases the withdrawals are processed free of charge so the withdrawal fees are nil. Yet in case you would like to withdraw profits less than the mentioned amount the broker may add on a fixed processing fee of 10$. Lexatrade platform arranges withdrawal options with a good range of supported payment methods. Also, the Lexatrade team being a holding serves entities in Cyprus, Germany, and other offices where it is all authorized to deliver trading opportunities. Holding customers for every client account, traders of any skill level or degree of expertise can gain easy access to asset classes and tools, all of which are designed to deliver a superior trading experience. Overall, there are almost only benefits for traders at Lexatrade.
As already stated in your review these are indeed mentioned in our Terms and Conditions. If you require any further assistance or clarification our Team is always at your disposal at . We are delighted to hear that you are satisfied with our Team and services and we hope that scammed by lexatrade you continue to enjoy trading with us as much as we love to see our traders grow and thrive. Both Khaldoon, Maimana and the rest of our Team are always at your disposal. In Europe, Lexatrade does not offer bonuses or exclusive promotions due to regulatory restrictions.
Variable Leverage For European Traders
The Forex market represents the most adequately covered sector with 51 currency pairs. Seven commodity CFDs provide traders with an introduction into this asset class. Surprisingly,with 21 cryptocurrencies, this broker offers a fairly substantial range of choices, which is quite refreshing given that this is an area often neglected by brokers. Completing the offering of this broker are 12 index and 138 equity CFDs. New traders will find this a suitable choice for educational purposes, though advanced traders looking for highly specific assets may find something missing. Lexatrade makes full use of the latest data encryption and SSL protection, which ensures all personal and financial data is protected. A number of methods are supported for both deposits and withdrawals, and payments can be made in a number of different currencies.
- If you would like to provide us with more information in order to look into this further for you, please feel free to elaborate by updating your review.
- The size of the spread depends on the level of liquidity in the market.
- However, as-is the entire service is inconsistent and filled with basic mistakes.
- This broker was not featured in our 2022 Broker Review Audit.
- Many traders are wary about trading with offshore brokers, and as such, it’s much more beneficial for Lexatrade to make them think the firm is Switzerland-based.
Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. These lexatrade forex broker products may not be suitable for everyone and you should ensure that you understand the risks involved. Help future customers by talking about customer service, price, delivery, returns & refunds.
Lexatrade Review 2020
Moreover, the broker offers Daily Webinars, which is an incredible opportunity for all the traders to expand their Forex knowledge. You will also access useful information with market alerts, trading information and analysis through its established Lexatrade Blog, which is definitely good and necessary for any trader especially beginners. You should consider whether you can afford to take the high risk of losing your money. At Lexatrade you can reach broker ‘s representative helpdesk 24/5. In addition to the above, the broker offers a free demo account that allows traders to try out the platform and practice trading.
I love the fact that they offer such a broad variety of forex pairs too, with there not being much you won’t find at their site. With more than 250 different CFDs to choose from, it’s clear Lexatrade knows a thing or two about what to offer investors. However, they will not be able to provide any account-specific help through social media channels.
Is regulated by CySEC under License number 199/13, by the British Financial Conduct Authority, and the other branches are also authorised and supervised by strong financial watchdogs such as the U.S. NFA. This gives us extra confidence that we are dealing with a trustworthy broker.
The MT4 trading platform is available as the most basic version. Hi Luc, we are sorry to hear that you are having issues with withdrawals. Please provide us with your Account ID in order to assist you further. We are sorry to hear that you have been experiencing delays with your withdrawal. We have already sent another reminder to the bank in order to provide us with a copy of the transaction’s SWIFT code in order to provide it to you.
Lexatrade Review 2022
Lexatrade maintains the security of funds along with client protection in multiple ways that ensure a safe trading environment and investors’ legal compliance. The trade types can be broken down into Forex Cryptocurrencies CFDs, Trading Software, and Features Lexatrade Payouts will vary based on the performance of the underlying asset. BDS review is deemed to be positive when it has such a range. We concluded that Lexatrade has a good range of educational materials catering to both beginners and advanced traders.
Lexatrade offers a single universal account which covers all traders’ needs and offers an all-around trading experience for newcomers and trading pros alike. The good news is that traders can register with the Lexatrade account without an initial deposit. On the other hand, trading cannot start without depositing. Their account is popular among common people who seize their opportunity to trade with as little as $100. Overall, Lexatrade is a well-regulated and trustworthy broker who have grown quickly in recent years to being one of the top names in the sector. This solid foundation has given them the platform to attract a wide variety of traders with award-winning trading platforms and a competitive range of trading costs.
The Webtrader is especially good thanks to its user interface. This also allows beginners to understand trading quickly and easily. You can easily find your way around and realize exactly which actions you have to take. I was caught out by letting the account go inactive and was penalised. All legal according to the T&C’s but I felt unfair to have penalties on my account without notice.
Unlimited Lexatrade Demo Account
An FAQ section attempts to answer the most common questions. Gives new traders the opportunity to put their skills to the test on free Demo accounts with adjustable virtual balances of up to 100,000€/$/£. Lexatrade clients can open any type of account offered by Lexatrade including Classic, Raw, VIP, Premium and Cent as a Demo Account and test the tools, conditions and spreads offered. The broker has prepared an educational section covering all aspects of Forex and CFD trading, which can be found in the “Education” section of the Lexatrade website.
(Similar to most brokers you can’t withdrawal until docs have been uploaded). Lexatrade Black is a special account for higher volume traders.
Mr. Gittler’s analysis is often quoted by major media such as Reuters, CNN and Bloomberg. Lexatrade offers a number of assets to be traded on MetaTrader 4, MetaTrader 5, Lexatrade webtrader and its mobile app. There have been many complaints from users online regarding withdrawals.
Lexatrade Supported Countries
Confirmation email + phone call will be sent to his/her email provided during the initial registration process. In case no client predicts the exact date and time – the closest 50 clients will share $20,000, according to the date and time they predict and the date and time they enroll their prediction.
Please read Lexatrade Reviews below and share live trading experiences with this broker. To assist you with this query further we would like to kindly invite you contact us directly at and our Team will happily provide you with more details. Should you require any further assistance or clarification please contact us at , our team is always at your disposal. Lexatrade works with a variety of payment service providers that ensure your possibility lexatrade forex brokers reviews to cover a wide range of deposit methods in a particular country. Lexatrade provides access to seamless trading through the great range of 250+ underlying assets, while you may choose from leading Indices, Forex, Commodities and Cryptocurrencies based on CFDs. Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here.
This provides the framework for them to offer services in US forex trading, although they do not yet do so. The minimum deposit is just $10 and the minimum trade amount is $5. Binary options when one trades is also a high-risk investment tool. The Lexatrade Classic account is suitable for new traders, with its intuitive platforms, reliable customer service and broad range of research and educational resources.
You must understand that Forex trading, while potentially profitable, can make you lose your money. The Lexatrade education section is another area in which they shine through. They have a whole range of video content which they have brought into the Lexatrade trading academy structure and broken into three distinct levels, beginner, intermediate, and advanced.
To assist you further with your query please contact us at Our Team would be able to respond to any questions or clarifications you may have. Lexatrade’ StockPlus account enables Lexatrade clients to build a diversified portfolio with over 1000+ world-leading stocks and ETFs. However, as we always recommend check on the regulation carefully and never sign in with an only offshore registered broker . The prize will be distributed to your wallet within 14 working business days from the completion of this offer. The individual with the closest answer to the exact date and time when Bitcoin reaches $100k will win $20,000 worth of Bitcoins, directly transferred to his/her account.