LexaTrade Review 2024: Is It A Scam? Unbiased Review

lexatrade review

This regulatory body is one of the most trusted in the world, meaning earning a regulatory status from an organization guarantees the safety and reliability of a broker. Lexatrade is one the worst company with full of pathetic employees. They are just making money by fooling people. Investing in indices such as NAS100, EUR50, JPN225, and USA30 provides several advantages to traders who are interested in index trading. I requested for my refunding back three weeks ago (successfully) through the name on my profile photo and the account is still open but hell no I will put my money on it again….

LexaTrade Reviews (

As you can see, the company has done everything to make trading available from anywhere. We have noted that the platforms have all the features required, including tools, signals, charts, etc. Yes, the broker offers trading services globally focusing on countries like India, South Africa, and most of Asia. The minimum withdrawal amount on LexaTrade is $ 50. The company charges a service charge of 5% if users make less than 5 independent transactions.

lexatrade review

How can i recover my money from lexatrade?

lexatrade review

These statements have no legitimate grounds and are clearly libelous. It does not provide any evidence that he was scammed by LexaTrade, or any idea of problems that Urbanek has encountered with the broker, hinting at the probability of reviews illegitimacy. False statements like these are easy to create but have a dangerous impact on the broker’s reputation.

LexaTrade vs InvestFW

Things are extremely difficult here in Nigeria. One Mr. Rayan Mathew in kerala always pushed me to deposit more https://forexbroker-listing.com/ fund. Thus, LexaTrade guides investors before they start investing through their educational resources.

WHAT TRADING PLATFORMS ARE OFFERED BY LEXTRADE?

This is why reviews like these are most often created by competitors. Reviews like “LexaTrade cheating” or “LexaTrade scammer” are nothing short of slander that only benefit the competitor. Even legitimate clients cannot benefit from false claims as it gives them a distorted view of a broker’s reputation. The minimum deposit offered by LexaTrade is $250. It offers a diverse range of payment options ranging from bank wire transfers to credit/debit cards, from Skrill to Neteller. Lexatrade ensures high-grade security measures for all the services it provides, to secure client’s funds.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I fell into their trap one or two years lexatrade back. I deposited $250 they gave me a bonus of $3.50. Later they said that the amount was too low for a trade so I left the money there only to find later that the money has disappeared.

lexatrade review

Even the withdrawal speeds increase as you go up to the higher accounts. 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. Net this company helped me and I believe she can help you too. Lexatrade.com has a rating of 3.1 stars from 32 reviews, indicating that most customers are generally satisfied with their purchases. Overall, LexaTrade is committed to providing exceptional speed, functionality, and profitability to ensure a convenient and user-friendly trading experience for all its users.

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose.

Getting robbed with native speaker is their most special. Our in-depth and unbiased reviews help investors in choosing the best broker according to their investing needs. All they care about is asking money from you no matter what is your condition. They will continue to pester you to deposit more and more money, once you deposit enough money it will start despairing slowly on the platform. Then they will start becoming very rude to you.STAY AWAY from these people who have only learnt to steal. 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.

I contacted them but till today, no response. LexaTrade has been under scrutiny within the trading community, with increasing concerns regarding its legitimacy. Traders and investors are questioning whether LexaTrade is a reliable platform or if it conceals a sophisticated scam. The lexatrade.com login page has a whole section related to legal documentation.

  1. The absence of this crucial data adds to the uncertainty and leaves users uninformed about LexaTrade’s background and stability.
  2. That being said, they are very new at the time of this review, so there is time for improvement.
  3. Kingsley Cole, A young and brilliant guy, called me and gave me the details via skype video call, email and normal call, I adhere to what he told me and I am experiencing it in a positive way.
  4. Unfortunately, it’s not possible to leave a review here anymore because the company’s website has closed.

I have no words to express how I felt about the deception and denial to release my money from this company. If it wasn’t for the intervention of the firm above I would HAVE BEEN DEVASTATED.

Don’t worry about it, because you can’t make a big profit in Forex trading without investment. Unfortunately, LexaTrade forex broker does not offer a demo account, where beginners can make their first steps in trading, and professional traders improve strategies. It is not a major shortcoming, but it may, to some extent, discourage some users. A simple online search reveals a plethora of customer complaints and negative reviews about LexaTrade.

With over 170 trading instruments, various tools, and timely risk management features, the platform ensures a high-quality trading experience overall. LexaTrade offers a variety of trading platforms according to the trader’s needs. The enhanced account offering helps traders to trade efficiently and thus improves their trading game. The broker is regulated, but not efficiently by a tier 1 regulation, so clients should be careful while investing with the broker. Even Though the regulation of brokers is not refined, the reviews of the broker online are satisfactory.

As a forex trading platform, LexaTrade is legal in India. However, it is an offshore broker restricted to operating in the US and Europe. Read our LexaTrade review 2024 for more details. A web-based proprietary platform is offered by LexaTrade, such as MetaTrader4 and LexaTradeapp – xCritical Mobile App.

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