Lexatrade Reviews Read Customer Service Reviews of lexatrade org

Lexatrade Reviews Read Customer Service Reviews of lexatrade org

We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. While some users praise the educational tools and platform usability, these positive experiences are overshadowed by the negative feedback. The educational resources are useful for beginners but lack depth for advanced traders seeking sophisticated strategies or detailed research.

Red Flags and Scam Warning Signs

One of the primary concerns with LexaTrade is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others. This unregulated platform operates without the necessary regulation, raising doubts about the safety of your funds. While regulation alone does not determine a scam, it is an essential factor to consider. Lexatrade has gotten all my hard earn money stucked and refused to allow me make a withdrawal of my assets, I met a review on how csp_jaun (at) proton. Me helped someone got their stolen money and I decided to give it a try and later put a smile on my face.

However, better options are present online, and it’s easy for most traders to switch. The default proprietary platform is good enough, with an intuitive interface and a solid set of analytical features. As such, we can’t hold the deposit requirement for MT4 against the broker too much. But as we said, we don’t like paywalls for core features as a practice, although you may not mind them at all. The broker’s offer does actually seem decent enough, but the presentation isn’t up to par. We’ll see if the broker’s functional prowess ends up improving what we think.

Risk Warning:

LexaTrade has a referral program in which affiliates receive up to 50% of the deposit amount as a bonus. Also, scammers, as you read in this ASR review, are famous for not withdrawing your money. They may ask you for more and more money and never return a single penny of your earnings. Thus, LexaTrade guides investors before they start investing through their educational resources. Fill out the application form with your personal information, including your name, mobile number, email address, and a secure password.

Timeframe

Even i have raised my concerns in their portals but no actions were taken. As per the whois data, the domain Lexatrade.com was registered in September 2018, and according to similar web data it has around 13k monthly traffic from Kenya (60%) and India (26%). Of course, the broker has options for downloadable terminals, web platforms, and mobile apps.

Either balance gets zero or unable to withdraw funds due to invalid reasons. It is registered in Saint Vincent and the Grenadines which makes no sense. At a glance, it seems amazing platform and opportunity to earn trading profit with LexaTrade experts. Recently I decided to finally invest money in the securities market.

LexaTrade is licensed and regulated by the International Financial Market Relations Regulation Center (IFMRRC). From abuse of power by tech giants, to fake reviews, scams and rip-offs like being caught in a subscription trap – consumers deserve better. Always ensure you conduct thorough research before investing in any online trading platform, especially those that promise easy profits without clear transparency. LexaTrade provides multiple account types to suit different traders. These accounts come with varying features and minimum deposit requirements, allowing traders to choose the one that best matches their needs.

Reviews (

• The charges are higher compared to the platform we have reviewed so far.
• Claim your profile to access Trustpilot’s free business tools and connect with customers.
• For starters, there’s the fact that the cheapest account doesn’t require a huge deposit.
• Given the abundance of warning signs, potential investors are advised to avoid LexaTrade.
• However, as with any trading platform, potential traders must carefully evaluate the features, fees, and overall trading experience before committing real funds.

They entice with promises of doubling the deposit within 24 hours and similar claims. After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds. The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework.

• They entice with promises of doubling the deposit within 24 hours and similar claims.
• Lexatrade has provided very less information about its organization.
• We do not provide investment advice or solicitation of any kind to buy or sell any investment products.
• That being said, caution should be used anytime money is involved, with all brokers, old or new.
• However, LexaTrade has been the subject of mixed reviews due to concerns about its regulatory status and business practices.

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. That being said, they are very new at the time of this review, so there is time for improvement. On the other hand, the Web platform offered for the minimum account is quite enough for the average trader, so maybe that’s not a deal breaker.

At whatever point you are in question about any dealer, the best practice is to let the asset recuperation experts help you. They are capable experts with the ability and instruments to detect a con artist and get your assets back. 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.

One fact that’s relieving and concerning at the same time is the broker’s choice of the regulator. And if you’re unfamiliar with what IFMRRC is, we don’t blame you. Although we do daily broker reviews, lexatrade review we’ve never heard of it before.