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LexaTrade Review

We present your user reviews according to the rating of a broker. Now we will give reviews that can be found upon organic search of LexaTrade reviews. The readers are only given an idea of what the online trading community thinks of a LexaTrade broker. These online venues are unfiltered and, at times, uninformed and misguided.

Account Types

The good thing is that you can trade from anywhere you want if you have your mobile phone with you, and you use the login option with one LexaTrade account. And, of course, you get a big advantage due to the availability of special mobile versions that keep most of the benefits of the original web and desktop programs. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

The site is full of useful information that is trustworthy. Lexa trade office is the part of the Maxi Markets group, as this site works on partnership terms with an offshore organization that provides access to the XCritical software. According to documents on LexaTrade official site, it is an officially registered company. It operates under the Swissone Group Ltd., which is based within St. Vincent and the Grenadines. The financial work of the broker complies with the requirements of FMRRC (Financial Market Relations Regulation Center).

The company promises users the first trial account, with a mandatory profit, as well as a Deposit bonus of 30 percent. At first, I liked that the broker has a wide choice of accounts and has educational material. Support desk doesn’t answer for a long time, and no one’s gonna pay me back. The first LexaTrade review is found on TrustPilot’s page and the other one is written on LexaTrade’s Facebook page. Both statements did not detail Urbanek’s issues with the broker, and only proceeded to create false statements about it. These statements have no legitimate grounds and are clearly libelous.

  • With these in mind, the allegations that someone was scammed by LexaTrade are seen as baseless and may simply be seen as the traders’ ignorance of how trading actually works.
  • Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
  • Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews.
  • Regardless if one is a novice or a seasoned trader, he or she is not impervious to falling for bad reviews on a brokerage he or she might not be thinking of signing up for.

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However, the IFMRRC is a self-styled organization without statutory authority, offering certification for a fee rather than enforcing compliance through legislative mandate. The IFMRRC’s governance structure, funding sources, and oversight practices lack transparency, and it has been flagged by external domain-analysis services for low trust indicators. TradingBrokers.com is for informational purposes only and not intended for lexatrade login distribution or use by any person where it would be contrary to local law or regulation.

  • Everyone should understand how to distinguish a good broker from those that are often considered scammers and why forex is a scam.
  • Here are several LexaTrade customer reviews we managed to find on a number of trading forums.
  • Of course, these individuals should have an actual live LexaTrade account they have used for a considerable period of time.
  • All readers may visit these sites to see more reviews.
  • LexaTrade has proven that it belongs on the list of top forex brokers in the trading industry and meets users expectations.

Along with the list of tradable stocks, LexaTrade also posts stocks’ previous revenue, forecasted price, and timeframe on when to trade it. This way, all traders can prepare their positions ahead of time. The LexaTrade forex broker ensures their clients the best trading experience, offering various benefits and bonuses throughout the year. But most importantly, these benefits are immediately laid out for new clients. LexaTrade cites certification by the International Financial Market Relations Regulation Center (IFMRRC) as evidence of regulatory oversight.

LexaTrade does not lie to its customers with the prices; everything is transparent and can be checked. This does not really influence the trading process, but it would be nice if these issues were solved. It would make the service more attractive for all users.

To choose the right broker, you should pay attention to the reviews of the clients. From these reviews, you can get a lot of useful information. But you should know that sometimes these reviews are done according to the orders of the competitors. Competitors wanted to spoil the reputation of this company. So, they decided to place a lot of negative reviews on the internet to prevent clients from using the services of Lexa Trade. Such situations often happen; that’s why it is necessary to be attentive and to analyze the information.

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