LexaTrade’s MT4 web terminal is a safe, secure trading platform that uses advanced technology and high-quality terminal work. It is compatible with any browser and can combine various commercial operations. It also provides listing charts that can be customized according to shifting time ranges. MT4 platform is a classic choice, especially for Forex trading, and has been trusted by expert traders since it was released in 2005. One of the best services provided by LexaTrade is its trading platform, which was developed to incorporate unique features of the broker better. But other than that, LexaTrade also offers the MetaTrader4 and XCritical mobile app.
Its portability allows clients to trade anytime and anywhere without hassle. You can open positions, check your account, execute trades without delay. It is an innovative approach to trading in a busy, hectic world. Using XCritical mobile app, you can set stop loss, take profit levels, track the movement of various assets’ quotes, know currency forecasts, and check your account balance at any time. These clients are proof enough that LexaTrade is far from what others think about the broker and its services.
This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. During the account opening process, the information you provide to us is encrypted using Secure Socket Layer (SSL) technology. To support this technology, you need an SSL-capable browser.
- It has an intuitive interface and highly-functioning terminals to make trading comfortable with minimal risks.
- Aside from Web platform, LexaTrade also offers another powerful XCritical trading platform.
- For our LexaTrade review, we have given an interview to Mark Nelson — a former trader that works with this brokerage service.
- It is possible that LexaTrade had been misunderstood and misrepresented in new media.
- Broker attracted me precisely with this – in all LexaTrade reviews, it is distinguished by reliability and honesty of the company.
They also implement Negative Balance Protection, which prevents each client’s funds from reaching zero. It must be stressed that all LexaTrade reviews above were taken from existing, legitimate review sites. We listed lots of them not to confuse traders but to give a weighted and fair viewpoint on the brokerage.
Customer Opinions On LexaTrade
XCritical is lesser known to traders than MT4, but this does not make it inferior in providing quality services. Also, a mobile platform is far more accessible and convenient than any other platform, which means traders can trade anytime and anywhere without the hassle. Aside from trading, clients can open positions, manage their account, and execute trades without delay. They can also set stop loss and take profit, track the movement of quotes, check forecasts for different instruments, and view their account balance.
One of the security measures that LexaTrade has imposed for the safety of its clients is strict payment procedures. The broker only accepts one method in lexatrade deposit and withdrawal processes to prevent theft. It only partners with trusted global banks in handling their clients’ funds in segregated accounts.
LexaTrade: Broker Social Media Reviews
The broker is headquartered in Saint Vincent and the Grenadines, a popular domicile to offshore brokers (since most brokers based in Saint Vincent and the Grenadines are unregulated brokers). Its first year of operation revolved around managing cash transactions in real-time trading using PAMM accounts. It then enhanced its offered trading solutions and its trading assets and instruments in the following years and groomed itself to become an emerging online brokerage brand. Knowing more about Lexatrade – its features, pros and cons, customer reviews, and legitimacy as a financial service provider by reading comprehensive LexaTrade rezension in general. Our review will provide a rundown of Lexatrade’s trading service features, conditions, and other important aspects of its brokerage service.
As this is the case, the traders are advised to take all claims quoted here with a grain of salt. Despite all reviews, it is strongly recommended to make decisions and build a strategy independently. I have been working with LexaTrade broker for six months now.
Using a platinum account from LexaTrade, you can enjoy a 2-hour account analysis per week. Every broker has received negative feedback from customers, critics, and even the general trading industry was accused of cheating. It is a common thing in industries where services are the main product of companies.
All these sections are designed for beginning traders to get a better understanding of the field. These lessons will give you the basic skills which can be developed by practicing regularly. One more thing, I found out that brokers registered in offshore countries such as the Marshall Islands or Saint Vincent and The Grenadines, and this threatens me. There is also a certain affiliate program on the site, which helps customers to bring new users, promising them a bonus in return. But of course, with the online reviews altogether polarizing, how does one filter the truth from fabrication?
Platform has an easy-to-navigate interface and has a generous number of trading tools. Through LexaTrade, traders are provided with an MT4 web terminal that permits them to trade safely through its technology without downloading it. I have been working with Lexatrade since the summer and have withdrawn money 3 times during this time. I did not notice any problems with this broker, with the exception of sales managers. But why am I seeing a lot of negative reviews about Lexatrade? It turns out that almost ALL negative reviews were written by scamers advertising their scam chargebacks.
You should fill in the basic personal information, including your name, email, and contact number. More so, the broker is a legit broker as it is duly regulated. Everyone should understand how to distinguish a good broker from those that are often considered scammers and why forex is a scam.
It is not necessary to wait for some news, and the market is moving unpredictably. LexaTrade’s live chat through its trading platform is complemented with other social media platforms, including Skype and email, as additional means of communication. This enables safe trading using modern technologies and does not require downloading and installing platform software. MT4 Terminal is compatible with any desktop computer and operating system. It has listing charts for changing time ranges and combines many commercial operations. LexaTrade’s MT4 Terminal is also a viable option for traders.