Spreads might not generally be the most compelling on the market, but that’s why their premium and VIP accounts are so alluring. Overall, Lexatrade is a safe, trustworthy platform that has something to lexatrade scam offer beginner and veteran traders alike. Forex traders can also access extensive and regularly-updated forex news, calendars, live indices, and market commentary from Lexatrade’ in-house analysts.
Lexatrade have developed its independent vanilla options platform which is designed to be user-friendly and promotes simplicity in trading as its core concept of the company. It is used by institutional traders to hedge against volatility but also for long-term trading. This platform is simple, yet allowing to quickly access Lexatrade CFD and easyTrade platform. It has powerful tools and will give you an exciting trading experience. The whole notion of offering fixed spreads is to provide traders with the best possible trading conditions. Lexatrade also offers competitive conditions, contracts, and leverage that are accessible to both novice and experienced traders.
Most Visited Forex Reviews In 2021
After more than 1 year of trading with this broker, I can share my opinion about Lexatrade.com. They are always available through Facebook messenger, reply quickly, and earnestly try to answer your questions.
The use of a fixed spread has the advantage of ensuring the trader knows what to expect every time on their trades in terms of spread. On the other hand, this means that spreads remain higher than other brokers when there is very little volatility. Still, Lexatrade attempts to keep their spreads as low as possible such that the trading costs are not so high. MetaTrader 4 is a popular trading platform amongst traders and Lexatrade included this powerful platform in their list. This platform allows traders to use advanced trading knowledge to customize their terminals and display multiple live charts while using technical indicator overlays. Due to its ability to integrate a wealth of features that allow tailored market analysis and automated trading, most traders choose to use the MT4 platform. This platform is as well as preferred by advanced traders because it shows an amount of information displayed in one window.
You can see the full list on their site but perhaps the most prominent is the United States. They have offices in Cyprus , Sydney and the Marshall Islands . Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted.
Our Lexatrade Overall Conclusion
The safety of funds is the biggest concern for investors when trading online. The legitimacy of Lexatrade ensures transparent and secure trading in various ways. Here, we would like to mention that Lexatrade’ commitment to comply with international regulatory rules assures the safety of customer deposits. With reimbursement schemes, investors need not worry about their money in case the broker becomes insolvent. The content on this website is provided for informational purposes only and isn’t intended to constitute professional financial advice. Trading any financial instrument involves a significant risk of loss. Commodity.com is not liable for any damages arising out of the use of its contents.
Lexatrade does not charge a commission but is compensated through spreads. The Lexatrade trading platform is known for its innovative features, including its proprietary dealCancellation tool, and its emphasis on transparent pricing. Lexatrade offers CFD trading in a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies. I would rate this 4.5 stars simply because the core trading options were not explained on the tutorials so I ended up losing $200 even though my trades made a profit. But since they gave me a $300 signup bonus, the loss wasn’t really out of pocket so I guess I will give them the extra star for a 5 star review.
Thank You Sister,please Pray For You And Me To Happy Life With Lexatrade ,
These programs include instructional videos, trading guides, e-books, and explanations of key trading terms and concepts. At the time of writing, there is a first deposit bonus, a refer a friend bonus, and a partnership program. Do note, however, that these bonuses are only available with non-EU accounts. As part of researching and writing our own Lexatrade Review, we took a look at clients’ feedback and their reputation within the industry. As we expected from such a well-known platform with high profile affiliations, the results were largely positive. Lexatrade have won multiple industry awards and been well-reviewed by other professionals. Additionally, their Trustpilot score and reviews from their existing clients are very high.
Alternatively, there is the very popular MetaTrader 4, for those who prefer a globally recognized Forex trading platform. Lexatrade is also available on mobile, so traders will have no problems wherever they choose to undertake their trading. There are a range of solutions, whatever type of mobile device you choose to use with Lexatrade mobile trading apps. Lexatrade’ strong customer service department offers support via live chat, email, fax and telephone 24/5 throughout the trading week. Its range of live chat features includes Facebook Messenger, Viber, What’s App and a web-based live chat. The Easy Markets Broker groundbreaking proprietary trading platform is unlike others in the industry. It is 100% web-based, meaning that there are no downloads here.
The platform’s main trading screen gives traders access to more than 200 different instruments in one tab. The web-based platform allows traders to navigate between different trading instruments. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. Traders can contact Lexatrade lexatrade broker reviews customer service for more information by phone, fax, email, live chat, or directly through the company’s worldwide offices. The majority of agricultural commodities are staple crops and animal products, including live stock. Many agricultural commodities trade on stock and derivatives markets. That means all the traders are trading between them and against the broker.
For added security, the trading platform uses 256-bit SSL encryption that safeguards your data and funds. Overall, industry recognition and advanced security features make it a reliable broker for online forex and CFDs trading. Lexatrade, being a market maker, offers guaranteed take profits and stop losses, which are not available with direct market access trading. Even entering and exiting the market can induce heavy slippages, which can include both positive and negative slippages. Lexatrade, lexatrade forex brokers reviews on the other hand, promises to honor all orders at the market strike price with no slippages or requotes. Lexatrade offers an excellent feature for their client, known as the dealCancellation option, which allows traders to undo their losing trades with 60 minutes of opening a position. DealCancellation is especially useful for trading news events and investing in the markets during volatile market conditions, but traders can also use this option during regular market hours.
Comments including inappropriate, irrelevant or promotional links will also be removed. Tell our team and traders worldwide about your experience in our User Reviews tab. The financial calendar shows potential market moving events with a red indicator under volatility; the data can be filtered for relevancy for each trader.
All have no account fees, no commissions as well as free deposits and withdrawals. This is unlike other brokers with regular ongoing maintenance fees. For example, Lexatrade has a “no activity” fee that they sneakily activate on some user accounts.
- It has powerful tools and will give you an exciting trading experience.
- Trading GlossaryYou can learn trading glossary terms that will help you to understand terms and abbreviations used in the analysis, market news, and price charts.
- Lexatrade offers more than 200 tradable assets with its competitive platforms.
- To add to that, the multilingual phone line has a response time of around 1 minute and is cost-friendly.
CFDs are derivative securities that allow customers to gain exposure to the price of financial instruments without actually holding the instruments in their accounts. We always strive to ensure that we provide our traders with the best possible trading conditions. This is why we proudly offer fixed spreads and no slippage on our web platform which means you are always aware of your costs before trading. Unlike variable spreads, fixed spreads never change in response to market volatility and you always know the spread you are paying before opening a deal. Since 2001, we strive to ensure that our traders receive the best possible trading conditions, products and services.
Several features make it an amazing platform for all the beginners and intermediate traders out there. If you are looking for fixed spreads, then Lexatrade is the way to go. Being focused on the convenience and better experience of its clients was the thing that brought a lot of benefits to Lexatrade. Now Lexatrade provides trading opportunities for different instruments, currencies, cryptocurrencies, and even metal.