LexaTrade Forex Trading Broker

We have no information if LexaTrade.ae is optimised for mobile devices. LexaTrade offers attractive bonuses, tight Forex spreads, flexible leverages, low rates. These tutorials explained Forex and the terms that are commonly used in the trading market. And with the proliferation of brokers, the risk of fraud has also risen in a sector that is highly unregulated and often technologically obscure.

LexaTrade rezension

It has opened more than 73 million trades in its six years of operations. LexaTrade is willing to work with traders of every level as it provides a customized trading package so that it can make the most of the international forex market.

Warning About LexaTrade From The Fca

Whether you are a veteran or an amateur, you will locate a trading venue that fits your current requirements. You will also find a development path for future trading possibilities if and when your skills increase to meet extra challenges. I have been trading with LexaTrader for 3 months and I deposited $2000. At present, I am having a very big difficulty with them, which still not resolved. From last week, I am not capable to login their platform, I contact with their customer support and they asked me to reinstall the platform. After reinstalled the platform the problem remains same and they ask me to check my internet connection, where my internet speed is 15mbps.

The firm is a leader in the industry, based in the UK, and was founded by a team of industry professionals that share over 50 years combined experience in the foreign exchange industry. This team has designed specific account types that match up well with all skill levels, and some accounts qualify for direct ECN/STP processing where “slippage” is not an issue. LexaTrade is a global forex brokerage and investment company that specializes in global financial markets. We offer the most advanced online trading tools and the best customer support for international market trading. Traders can open an online trading account with LexaTrade quickly by clicking on a link located on the top of LexaTrade’s website. Accounts with larger minimum deposit requirements offer traders access to several amenities including direct online access to LexaTrade’s trading platform, personalized account management services and expedited customer service. LexaTrade is a global forex brokerage and investment company specializing in providing its users with access to the global financial market, offering advanced tools and support for trading on international markets.

The videos walk new traders through every step of opening an account and completing trades. LexaTrade only works with reputable banking institutions like HSBC. The company submits financial statements to a neutral accounting firm each month to ensure vigilant handling of funds. In addition, independent audits of all of LexaTrade’s finances are performed on a regular basis. The MetaTrader 4 platform provides instant execution and extensive analytic tools, including the major indicators, studies and tools you need to get ahead of the competition. I especially liked the tab that appears on the right of each page which opens to a small toolbar with the most important sections provided by the brokerage. The website is available in English, Arabic, French, Italian, Portuguese and Russian.

Educating clients is in the broker’s best interest, so it makes no sense to not offer those resources to everyone. It also isn’t clear as to whether traders would actually have access to additional resources since there are accessible options on the website. Commissions are listed as starting from 0.3 points on the ECN account. When listing commission charges on stocks, the website breaks the ECN account into Platinum and Gold status levels and offers commissions that are $2 less per lot on the Platinum status. This is somewhat odd, considering that the broker markets the ECN account as being one live account type. One of the best beginner-friendly features of LexaTrade is the demo account.

They seem to be providing up to date information on the latest trades and information that would help any beginner traders. However, that being said, I think that they are like most brokers when it comes to opening a LIVE account and making a trade.They will encourage you to deposit more money into your account and keep trading. Since I like to trade and test out different brokers it this doesn’t bother me.

LexaTrade rezension

This trading software provides live quotes and ensures instant execution of all order types including the limit ones. At the time of this review, there was a special 30% deposit bonus for traders trading in Russian rubles. LexaTrade’s Demo account offers the opportunity of financial trading in a risk-free environment. Traders receive real-time rates while experiencing real-world volatility, and they can even test strategies using all the technical tools available to a seasoned pro. LexaTrade is one of the few brokers that allow trading on Bitcoin pairs.

Brokers

In today’s market, it is not always easy to find companies with excellent customer service. I am happy to see that LexaTrade’s employees have exceeded my expectations.” It always has been and always will be – as investors realize every so often when markets go into a tail-spin and global economies plunge. A serious company that has been operating in the brokerage services market for many years. It’s nice that the company cares about customers and now, for example, gives them the opportunity to trade without risk. There are many different online Forex brokers available, but LexaTrade is consistently ranked among the best.

These are LexaTrade’s most popular accounts, and they offer a long list of trading tools. Knowledgeable assistance is available to help traders be their best. Deposits can be made in USD or EUR via Visa, MasterCard, wire transfer, or through a number of other payment alternatives. Your account world currencies on their trading platform will automatically become active after making your first deposit. Withdrawal requests are processed quickly after supplying the necessary documentation required by international law. All sessions utilize the latest advances in 128-bit SSL encryption technology.

We’ve outlined some of the highlights for each platform option below. You are going to be able to place as trade instantly using the MT4 trading platform as it is known, however as a first time trader you will always be able to use this trading platform as part of your demo trading account. LexaTrade has extensive and readily available Customer support. Its better than what we expect from a Forex Broker of this size. Traders can contact them via Live chat, email, online form, and UK phone number. All trader will receive a personal account manager who will advise you to trade more efficiently. First check the FAQ for your inquiries, if the solutions are not there, then you can contact them via the options.

Webinars are mentioned as another offering to account holders but none were available at the time of this review. LexaTrader offers traders a list of standard features but one that stands out is their clear explanations of the various assets they offer, an example of which is their lengthy description of CFDs and how they work. LexaTrade does not seem to place any restrictions based on one’s country of residence. The website doesn’t list any restricted countries, which is usually a good sign that the broker is lenient. The registration page simply asks for one’s name, email, password, and phone number without requiring one to input a country at all. This provides an advantage to traders from the US, Japan, Canada, and other commonly restricted locations.

Traders have numerous account options when they choose LexaTrade. All accounts have favorable spreads, and traders enjoy the flexibility of being able to choose an account that meets their needs and their budget.

LexaTrade, one of the best sites available to forex traders, also has the best trading platform available to its clients. The MetaTrader4, better known lexatrade official site as MT4, lets people execute trades on their computers as well as mobile devices, which is becoming more commonplace and expected from customers.

This broker offers trading in securities and stock indexes CFD and foreign exchange. The Platinum account offers spreads from 1.8 pips, a welcome bonus of 15%, a live support chat, educational materials, and technical analysis. VIP trading signals are provided and special VIP offers are available. As a beginner, you should be using a site that is totally accommodating to your needs. LexaTrade is all about lexatrade website crafting its experience to people who want to become better traders. With its deposit bonuses, its low deposit minimum, and its demo account feature, you can become a better trader without losing money in the early part of your trading career. To top things off, the site has great customer service to answer any questions that you might have as you go about the business of beating the forex market.

Spreads And Leverage

This scheme operates until the flow of new investors stops, not allowing the scammers to continue the extraordinary payments. I had to do this as I was so tempted to see where LexaTrade was actually operating from, so I fired up Google street view and entered the listed address of LexaTrade UK Ltd. and the result was very intriguing. Anyone who does this will find out that LexaTrades UK offices appear to be above a shop along the Finchley road in North London which doesn’t really suggest to me that the company is really operating from the United Kingdom. Again I can’t call out LexaTrade as being an actual scam as I have never done business with them, if your really interested I would take a look at their website to see what you think. LexaTrade is serious when it comes to customer satisfaction, which is why it offers expert analysis in various languages including English, Arabic, French, Portuguese, Russian, Spanish and Italian. Clients can also mail, email, or phone LexaTrade which promises to reply to all such queries.

Established in 2011, the Select a Broker directory was designed to simplify and enhance the investors search and selection of an online trading broker. Investors can easily perform side-by-side comparisons and evaluate results based on how well each broker can support their needs. LexaTrade offer the MetaTrader 4 platform and as you would expect this version of the platform doesn’t really differ from many of the other platforms.

It’s a site that’s excellent for traders of all experience levels. Even if you are just getting started in the world of forex, you can take advantage of great features from LexaTrade that will make it easy for you to learn the ropes without too much effort. If an investor is looking for a trading platform filled with features galore, MetaTrader4 won’t disappoint. Offering the highest-quality market analysis available anywhere, MT4 has a huge variety of different charts and indices for numerous investment areas. One of its best features helping investors is its extensive technical analysis, complete with a comprehensive library of economic indicators to help investors make informed decisions before going ahead with their deals. Multiple order executions, along with real-time charting to let customers see what’s going on as they speak, are just two more reasons why MT4 is the preferred choice as a trading platform.

LexaTrade rezension

The section delves into the birth of this crypto currency, its historical value and its relevance in today’s currency markets.

Trading Terms

In addition, there are multiple order execution types such as Market, Stop, Limit, Trailing stop, chart-based trading and position-keeping. Forex platform Once a trader decides which traders to copy he need only replicate their investments and earn from their expertise.

After becoming a trader of LexaTrade, you can use three platforms as MetaTrader 4 , LexaTrade Web Platform, and the LexaTrade Mobile Platform. All of them provides an outstanding trading experience for all the traders. The site is extremely professional and is a one-stop shop for all my online trading needs. Maybe you should open the mini account to see how things work, and forex the huge margins of profit will be good enough to prompt you and invest higher. Remember me, because I am going to get rich sooner than I thought . For me, online market trading is not just about satisfying my passion or following my interest. I have been into these trading activities for quite some time now, and have never realised its seriousness any higher than now.

  • I have opened a few Demo accounts with a few brokers, but I have to give a good review for LexaTrade on their learning section.
  • LexaTrade offers the most popular MetaTrader 4 trading platform, which is accessible in four convenient options – through the web-browser, desktop, and download on mobile devices, including tablets.
  • When traders enter their personal and financial information online, one of their biggest concerns is security.
  • However, in addition to leverage the new trader and ongoing bonuses that are also available will give you access to additional bonus trading funds.
  • With its chart-based trading feature and position-keeping, MT4 gives investors all the information they need while letting them conduct the day’s business on their own terms.
  • You should also be able to request the broker’s performance track record to check claims against numbers.

LexaTrade has also developed informative video tutorials for new traders. These short videos do not take long to watch, and they are easy to understand.

LexaTrade Review Scores

The website’s primary language is Arabic, but traders will be able to translate through their browser. The broker was founded by a group of economists with more than 50 years of experience in the forex market with a commitment of reliability and transparency. LexaTrade offers four live accounts with varying conditions, so it would be in one’s best interest to take a closer look at those details before opening an account. One of the main things to consider before selecting an account type with this broker would be the spreads. Starting from 3.3 pips on USDJPY spreads quickly climb to 4.2 pips and higher on every other currency pair.

Also, traders can configure stop-loss and take-profit orders in this platform. It is what a mobile trader needs such as the simple user interface. LexaTrade offer Live accounts and Demo accounts for all traders.