This mid-tier account type is LexaTrade’s most recommended. It comes with unique perks that will be very useful to professional traders. It is definitely more expensive than the Silver Account, but quality always comes with a price.

  1. The bonuses and the promotion programs look generous.
  2. Both statements did not detail Urbanek’s issues with the broker, and only proceeded to create false statements about it.
  3. There is no mention of an inactivity fee but we cannot guarantee that you won’t be charged one.
  4. Having the potential to make someone go into a debt trap, scammers lure their victims in with irresistible offers and discounts.
  5. Aside from Web platform, LexaTrade also offers another powerful XCritical trading platform.

Accusations of fraud and scam not only against LexaTrade but also with many brokers. It is commonplace to read comments on your favorite social media platform and web forum. This platform has a clear interface and simple navigation. It fully meets the expectations of even professional traders and is not inferior in functionality to popular MT4. After a thorough review of the trading aspects of the broker, let us now conclude our assessment of the LexaTrade forex broker. The Web platform displays 170 trading instruments, charts, and order management tools to monitor trading positions and technical adviser Autochartist effectively.

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. All materials are available after registration, so you can ensure that reviews like “LexaTrade courses scam” are not true. XCritical is a convenient alternative to desktop and web platforms.

LexaTrade’s live support team is also available to help any client with it. Trading with LexaTrade lets you invest in globally-traded assets like U.S. oil, Brent, and spot gold. This broker offers a balanced mix of functionality and user-friendliness. 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.

FAKE COMPANY !!!!!!!!!!

I have been working with LexaTrade broker for six months now. I learned about the company much earlier, but I came across a network about the negative about it. In comments on one forum, I read the information that «LexaTrade courses scam,» fraud, etc. Then he learned from a friend working with this company that all this is complete nonsense.

Other Trading Features & Tools

All account types offered by LexaTrade support the use of expert advisors (EAs), automated trading systems commonly used in the Forex market. There are also other newbie-baiting features, such as the bonus that Lexatrade offers. According to most LexaTrade clients, withdrawals take place on time and without interruption.

Also keep in mind that the company is regulated (IFMRRC), which is not the fiercest of financial watchdogs, but any type of regulation is better than no regulation at all. That being said, caution should be used anytime money is involved, with all brokers, old or new. Lexatrade is new forex and CFDs brokerage that primarily operates in Europe. It opened just earlier this year and has attracted a good bit of attention as such. In our Lexatrade review, we’ll look at how beneficial it is for customers compared to other options.

Unreliable Trader

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. XCritical platform is favored by 8 out of 10 traders in the Forex trading industry. XCritical mobile platform is an alternative to PC terminals. It is easy to use, always at hand, so you can work from any point. Its mission is to provide traders and investors with maximum security of their transactions on foreign exchange, cryptocurrencies, and stock markets.

It provides explanations to forex movements, IPO announcements, currency forecasts. U.S. dollar and political events in the United States are only some of the regular topics in economic news. You can also access one trading technique provided by the broker and trading in commodity markets. Withdrawal remains a standard priority, lexatrade reviews and webinars are free. With these in mind, the allegations that someone was scammed by LexaTrade are seen as baseless and may simply be seen as the traders’ ignorance of how trading actually works. There is also a certain affiliate program on the site, which helps customers to bring new users, promising them a bonus in return.

You can communicate with people who trade on the LexaTrade platform or sign up for actual live LexaTrade accounts. As I could have told early, this is how forex trading would have never gone…. Subscribing to Social Media might not be the best idea to get an impression about the broker LexaTrade. The fact of the matter is, going to sites like Facebook will only prove to be one frustrating affair.

The broker allows various financial instruments, provides interesting trading tools, so it is worth taking a closer look at it. We aren’t the biggest fan of the huge jumps between the sums you need for different account types. However, that’s a minor complaint, as what you get for each account is actually pretty fair for the price point. One more significant concern is that the broker locks the MT4 platform behind the more expensive account types.

Wondering whether Lexatrade scammers or not, let’s analyze its services and development level. When it comes to platforms, broker LexaTrade ensures clients enough options to choose from. This is why aside from MetaTrader4 and XCritical, they’ve also developed a platform to embody important qualities and characteristics. The broker offers a wide range of incentives, welcome bonuses, promotions, etc.

The genuine  features of the platform that are worth considering include bonuses, advanced trading platforms and learning programs. A web-based proprietary platform that lets traders experience advanced trading. It offers advanced trading tools, increased speed and safety. Knowing which markets and assets you can trade is an integral part of choosing a broker.

Forex broker LexaTrade provides at least five necessary trading tools and research materials, the most important ones that either make or break a trade. Investors need these tools and materials every day since they hold key information about potential results of their executed trades. Using a platinum account from LexaTrade, you can enjoy a 2-hour account analysis per week.

Read our LexaTrade review today to learn everything you need to know about this broker before signing up. Everyone should understand how to distinguish a good broker from those that are often considered scammers and why forex is a scam. We present your user reviews according to the rating of a broker. Now we will give reviews that can be found upon organic search of LexaTrade reviews.