Moving forward with this LexaTrade review, we will further discuss the platform’s fees, platforms and account types. If you’ve been following our Lexatrade review, you’ve likely noticed that the broker takes a step forward and a step back. So don’t use this platform and research well before choosing a such platform. As per LexaTrade conditions, if the referred client makes a deposit between $500 to $10,000, then 50% of it will be the referral bonus. LexaTrade charges a service charge of 5% when customers has made less than 5 independent transactions.
- All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker.
- One of the first problems a novice trader faces is choosing a broker.
- The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises.
- 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.
- I did not notice any problems with this broker, with the exception of sales managers.
We identified an SSL certificate meaning that the data shared between your browser and the website is encrypted and cannot be read by others. SSL certificates are always used by legit and safe websites. Unfortunately scammers increasingly also use SSL certificates so it is no guarantee that you are visiting a reliable website. This can be considered low in relation to other websites from the website’s country. If you think this website should be very popular, please invest additional time in researching the company as this is suspicious.
The Trustpilot Experience
To make it easy for merchants to conduct financial transactions, the developers created a convenient interface and an affordable system. In the network, you can find a small number of negative reviews about the company LexaTrade scam. Users write that the company simply deceives users by taking money.
- After going to the LexaTrade official site, you will be able to navigate easily to different sections with information about platforms, instruments, promotions, and LexaTrade login page.
- It is a wide-spread practice in the modern world of trading.
- EvenInsight.com is a venture of Even Insight Technology and a website for cyber security and analysis.
- Fraudsters will not be able to get into the above-mentioned organizations if they want to.
- Even the withdrawal speeds increase as you go up to the higher accounts.
It may be bad luck that so many websites with a low trust score reside at this registrar but we reduced the trust rating of the website to be sure. Kingsley Cole, A young and brilliant guy, called me and gave me the details via skype video call, email and normal call, I adhere to what he told me and I am experiencing it in a positive way. To choose the best, you need to analyze many characteristics, ranging from the broker’s total trading volume to reviews and ratings from real users.
Is LexaTrade a Scam? Honest Review 2023
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
With the transfer it is difficult, the money goes for a long time. I trade with some crypto platform not knowing they where sc! Am only happy because I found help after reporting to a recovery firm and they helped me recover all I lost to these fake crypto platform. My advice is that everyone need to be careful of the platform you deal with. If you have falling victim of these fake platform do not hesitate to file a complaint to Marketeace. Net this company helped me and I believe she can help you too.
Lexatrade Reviews
In order to correctly interpret LexaTrades review, you need to know how to distinguish a normal broker from a company that cheats people. If you own this website you can update your company data and manage your reviews for free. Its fraude company consists of lots of incompetent employees in India who always make you invest with a false commitment and later they denied to keep their promises. They never give you money back by making you fool showing some policies.All contact numbers in their web sites are incorrect so that whenever you want to contact them they will not be available.
Therefore, you might sometimes see statements about why Forex is a scam, and you should not get involved in it. In this Forex review, we will try to see if LexaTrade fraud lexatrade scam is made up by its competitors, and it is actually an honest broker. The charges are higher compared to the platform we have reviewed so far. The spreads vary on the account type and the instrument traders trade in.
Let this brokerage company be called unworthy, and we can prove that LexaTrade cheat is not. In this article, we will consider the main characteristics of this broker, as well as give an example of feedback about it. The conclusion of all transactions in the Forex market is done through an intermediary, which is why your success in the market depends on the correct choice of a stockbroker.
Reputable brokers typically operate under the oversight of financial authorities to ensure compliance with industry standards and the protection of traders’ interests. LexaTrade’s unregulated status raises doubts about its commitment to transparency and accountability. After going to the LexaTrade official site, you will be able to navigate easily to different sections with information about platforms, instruments, promotions, and LexaTrade login page.
The platform claims to provide advanced trading tools and a user-friendly interface suitable for both beginners and experienced traders. Lexa Trade allows global traders to access financial markets, including Forex, Stocks etc. However, the broker has a low user rating, with mixed reviews as some complain about the platform while others appraise it. So, to help you out in deciding whether it’s a worthy broker, let’s take an in-depth look at the platform with our detailed LexaTrade review.
Install ScamAdviser on multiple devices, including those of your family and friends, to ensure everyone’s online safety. Additionally, the lack of detailed information about the company’s headquarters and the year of establishment is troubling. Legitimate brokers typically provide such information to build trust with their users. The absence of this crucial data adds to the uncertainty and leaves users uninformed about LexaTrade’s background and stability.
