To learn more about how we test and recommend brokers, read our methodology. I think it makes a pretty good story and I’m not telling it for any other reason than people might get a kick out of it. There’s plenty of information on the web that can help you out. Also this a good expert with a potential skill that helped me with trading strategies and also when it comes to investment Decision. Because I deposited $200, and I have to deposit $300 worth of premium upgrade to withdraw my final profit. I’d advise to trade using your own money, this way you’ll stay more focused.
They don’t seem to have an explanation as they stopped replying to my messages which just proved my point right.I had the worst experience ever – See my story below. Took a small break of trading, when i came back i found they deducted 75 euros off my account because of inactivity!
Lexatrade Markets
We are glad to hear that your issue was resolved promptly and that you are satisfied with your Lexatrade Experience so far thanks to George. Thank you for taking the time to rate and share your Lexatrade Experience so far Aasim. We are excited to hear that you are pleased with our Team and services.
Except for bank wire withdrawals from accounts, Lexatrade does not require a minimum withdrawal amount. However, it should be noted that withdrawals that are below 2EUR cannot be processed as the requested withdrawal amount is lower than the fees Lexatrade incurs for processing such withdrawals.
Almost instantly you will be able to start trading through Lexatrade platforms. In the case of bank transfer it takes from 2-5 working days until the funds reach your account. Trading from the chart and 1-click trading are available on the app. Available index instruments at Lexatrade range from the HKG50 to the FRA40.
The brokerage is regulated by more than one financial authority and as you can see from the section above, they are very transparent about their corporate structure. This is the first sign that the brokerage is not a scam and actually looking to do business in legit and fair conduct. But despite all this, there are a lot of Lexatrade clients that are complaining about delayed withdrawals, which makes us recommend caution but also to thoroughly read their Terms And Conditions. lexatrade forex broker In addition, the company runs an active blog and community of traders, which allows sharing the user experience to get better knowledge about the capital, markets, and trading itself. So the conclusion comes to the point of a quality Lexatrade offering that may suit either beginning traders or even seasoned professional traders. Together with comprehensive education materials provided by Forex Courses, defined by the level of expertise, Webinars, and Seminars.
Lexatrade Fees
There aren’t too many brokers who claim to have customer service as their highest priority, but Lexatrade is one of them. Lexatrade is the trade name of Lexatrade Holdings Plc, an investment firm with its main offices in Nicosia, Cyprus. As such, it is licensed and regulated by CySEC, the Cyprus Securities and Exchange Commission. Lexatrade specialises in trading Forex, CFDs, and binary options for all kinds of traders around the world. In terms of fees, after making the minimum deposit for the Basic-Account, potential traders can expect spreads of 1.5 pips as well as free order commissions. In order to get to know the broker with all its facets, the Basic-Account, which becomes available in the course of the minimum deposit, is best overall. Traders can trade more than 1,000 different underlying with the Lexatrade-Broker – the trend‘s still rising.
Lexatrade has more than 1.5 million clients from over 186 countries, as well as serving an exclusive Member club that has more than 1.5 million traders. Lexatrade may have appeal for beginners with its easy to use proprietary platforms, solid customer service and abundant educational materials. However, Lexatrade has relatively high fees for Classic Accounts and clients outside the EU do not have the reassurance of strong regulatory oversight.
Best Regulated Cfd Forex Brokers
Lexatrade covers a broad range of markets, including forex, stocks, indices, commodities and cryptocurrencies. Only 6 commodities are available to trade, but in other areas such as cryptocurrencies Lexatrade has a stronger variety.
ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.
- The MT4 trading platform is available as the most basic version.
- Except for bank wire withdrawals from accounts, Lexatrade does not require a minimum withdrawal amount.
- Plus, they present a range of trading options as well as high payout rates.
- To avoid any delays during withdrawals, wether you’re cashing out your profits or your initial deposit we always ask our customers to ensure that the documents provided are in order with the relevant guidelines.
The chart below details all the categories that we evaluate and rate. Please contact our support Team directly either via live chat through the Lexatrade website or via email at and a member of our Team will be able to assist you further with your query. 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. If you require any further clarification you can contact our Support Team at or alternatively via live chat directly from our webpage. The leading Forex and CFD investment services institution, Lexatrade, has announced about its official DP World Tour Championship sponsorship in collaboration with the European Tour. The sponsorship will afford Lexatrade strong brand exposure and excellent business-to-business opportunities through access to the tournament’s Pro-Am competition and suite of hospitality services.
Tools Of The Trade
In 2013, Lexatrade obtained a license from Cyprus’s financial regulator, CySec and has the HQ in Cyprus with offices in Germany. Despite the fact that this is a relatively new broker, it must be noted how quickly it gained popularity and sympathy among numerous traders.
Lexatrade is a brokerage firm that is regulated by Swiss and other authorities. VIP, Raw and InvestPLUS accounts offer more competitive pricing and access to advanced tools, catering to experienced traders. Hi Naso, there are various ways which you can use to withdraw your profits and funds from your Lexatrade account, based on the country you reside, whether you have an IBAN or not.
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website.
Diverse Trading Platforms Of Lexatrade
Thanks for rating and sharing your Lexatrade Experience Chinelo! We are delighted to hear that you are please with our Team and Service and we hope you continue to enjoy trading with us.
It also offers traders an array of options that is highly likely to suit traders on every level of experience with a variety of needs and expectations. Lexatrade does not charge deposit or withdrawal fees on credit card transactions, but there is a fixed fee of 10 EUR when withdrawals are either equal to or less than 20 EUR. This also applies to bank wire withdrawals that are equal to or less than 100 EUR.
Renata and our team are always at your disposal and we hope that you continue to enjoy trading with us. Lexatrade has heavily regulated broker service with Swiss banking licenses thus restricting the freedoms of investors to move about freely. Lexatrade team mainstays at the popular choice of MetaTrader4 platform offer software lexatrade reviews solutions, which is a comprehensive trading feature. The platform for Forex trading, however, is different and is much more advanced. You could compare it to MetaTrader 4 with loads of indicators, technical tools, and many more settings. Charts are good looking on the Lexatrade Mobile app but offer limited functionality.
If your account is dormant for over 90 days, clients are charged a monthly account management fee of 10% of the account balance. A minimum of 25 EUR/USD/GBPand a maximum of 49.9 0EUR/USD/GBP is charged and deducted from the balance in the account. In addition, Lexatrade Holding lexatrade rezension Ltd. is a member of the CySEC Investor Compensation Fund (“ICF”), which provides compensation of up to €20,000 to clients in the event of broker insolvency. By contrast, a trader working with a broker entity regulated offshore would not have these benefits guaranteed to them.
The level of commissions will vary between different brokers and depends on the asset being traded and the type of service offered by the broker. A multilingual customer support that is available 24/5 is easily reached via e-mail, webform, phone, WhatsApp, Telegram, or live chat; a callback option is also available. In general, Lexatrade comes across as a well-managed brokerage, and traders are unlikely to require assistance. In case the need does arise, this broker has made accessibility a high priority.