The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. Of course, the broker has options for downloadable terminals, web platforms, and mobile apps. Deposits are processed immediately, ensuring that you have access to your funds whenever you need them for trading. However, withdrawals may take a bit longer, usually about 3-5 business days to process. This is to provide the necessary time for necessary transaction procedures.
- The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.
- The broker also provides different trading assets for higher liquidity with high leverage and low spreads.
- Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition.
- Overall this is a promising broker but a few tweaks here and there would make it a better one.
- Trading platforms offered by LexaTrade are MetaTrader4, XCritical Mobile app, and LexaTrade WebPlatform.
One fact that’s relieving and concerning at the same time is the broker’s choice of the regulator. LexaTrade has gained recognition as a reputable multi-asset broker by providing quality services and financial instruments to its clients. The broker set up strict payment procedures for the safety of the trader’s funds and to prevent financial theft. The broker even partners with reliable and trusted international banking institutions while steering their corporate funds. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities.
ACCOUNTS OFFERED BY LEXATRADE
It’s by no means a strict scam, and in fact, it’s safer than the average broker, but you still need to tread carefully. So there’s the argument that some regulation is better than none, and that does hold up. But there’s also the fact that while it’s better than nothing, it’s not a significant improvement. So the regulation may impose negligible limits on the broker while generating a false sense of confidence for potential customers.
Unfortunately, when a broker looks like it’s a rushed project, it’s often a scam. That isn’t an exact rule, but it’s something we’ve found to be true more often than not. We aim to equip you with an array of objective appraisals, insightful commentary, and meticulous analysis. We uphold our commitment to precision through rigorous data validation and consultations with industry experts. It’s essential to recognize that, albeit rarely, minor fluctuations may arise.
Of course, broker appearance is nearly entirely irrelevant, but our point is that Lexatrade looks like something hastily put together. Our in-depth and unbiased reviews help investors in choosing the best broker according to their investing needs. Lexatrade ensures high-grade security measures for all the services it provides, to secure client’s funds.
Every single one of our instructors has gone from a beginner to a practicing trader. They know what sort of difficulties you may encounter and are only too happy to share their experience with you. They will help you avoid errors in class so you can make your start in the profession even easier. Furthermore, while there are some solid conditions, they all come with high price points. And if you’re already depositing that much, there are many brokers that do what Lexatrade does but better.
What is the maximum leverage offered by LexaTrade?
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Fund and Account Security
https://cryptolisting.org/blog/join-pro-or-pro-plus-and-get-lifetime-access-to-our-premium-materials has launched a universal course for investors with any experience. The dropdown menus have vague names, and as such, the categories inside them seem almost arbitrary. The same goes for visuals, as the various elements are glaringly mismatched. It looks like the broker took stock images, put them in boxes, and called it a day.
HOW TO OPEN AN ACCOUNT ON LEXATRADE?
Please be assured that our dedication to delivering unbiased assessments, exhaustive scrutiny, and well-informed perspectives remains resolute. Overall, LexaTrade is committed to providing exceptional speed, functionality, and profitability to ensure a convenient and user-friendly trading experience for all its users. Investing in indices such as NAS100, EUR50, JPN225, and USA30 provides several advantages to traders who are interested in index trading.
Lexatrade’s Trading Platform
For us, the results of our students are super important, so every webinar will present case studies based on real-life situations! We make sure that for every 20% of theory our students are given 80% of practical examples that are bound to come in handy in real trading.
You can watch the experts trade, get answers to your questions and comments on trading strategies. As you progress through the accounts, the bonus we mentioned earlier in our Lexatrade review grows. Similar bonuses often have thick strings attached, so be sure to read the terms if you intend to invest. Again, as we said earlier in our Lexatrade review, the broker doesn’t do anything that sets off alarms.
The case with its funding is much of the same, as there are some things that look good. For starters, there’s the fact that the cheapest account doesn’t require a huge deposit. 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. The setup itself is tried and true and is one of the most common ways for brokers to structure their accounts.