Signed up in LexaTrade to try the new cancel deal tool and recommend it. It is quite expensive but saved me over 500$$$ on my trade so worth it.

For more knowledge, you can read the asset information on the homepage. In addition, for long-term traders, there is an overnight fee because the trading positions are leveraged. The fee is depending on the asset/market and position size. Traders are able to customize and create trading templates or choose from pre-designed templates. Easy Markets MetaTrader 4 has 80+ markets including currencies, metals, commodities, indices, and cryptocurrencies. It has fixed spreads for price transparency and all expert advisors are allowed.

Easy

Easy Forex Trading Ltd is the company that contracts with all the clients from entities regulated by the Cyprus Securities and Exchange Commission and is registered in Cyprus. Easy Forex Pty is the company that contracts with all clients that are regulated by the Australian Securities Investments Commission and is registered in Australia. However, there is another company that contracts with all the remaining clients, the vast majority of clients.

If you have invested with this broker all is not lost as we can help you to recover your investment click here to get help by doing a charge back before it’s too late. The brand has gathered 37 international awards and some of it named it “Most Transparent Broker”. LexaTrade has been standing on its core values of simple, honest, and transparent CFD Broker and we can definitely say that it is a legit, trusted, and reliable broker.

Everything is quick and fairlt easy to understand even for beginners. Very High Spreads – The spreads of this broker are far too high- there are many other brokers to choose from that are offering much better choices. Thank you for reaching out to us, as feedback helps us enhance our client’s trading experience with us. (from 2.5pips to 7pips for EURUSD) in an effort to stop lexatrade broker reviews me from making profit. As you have already been informed you are allowed to trade with LexaTrade but without the use of Expert Advisor. Moreover, the company has returned you all your funds plus the profits that you have gained with as an act of goodwill. Please stay away from this company if you loose money they are happ but if you make profit they dont give your profit.

LexaTrade claims to offer simple trading, honesty, and transparency to its clients. How serious and dedicated is LexaTrade with its core values? In this review, we will find out together if LexaTrade stands to its core concepts with online trading. BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn’t retain responsibility for any losses readers might face as a result of using the information presented in this website.

LexaTrade Web Platform

You can’t do FRAUD with innocent clients by labeling fake excuses. They offered a bonus of 50% then refused to give it and negotiate for 10% only after putting my deposit. Let other traders know if this service is worth checking or should be avoided. The assortment of services and products in LexaTradeincludes monies, metals, energy commodities and agricultural products, indices, and options. Energy commodities include things like heating oil, gas, Brent primitive, gas-oil, WTI Crude petroleum. Agricultural commodities consist of legumes, sugar, wheat, corn, cotton, coffee, and sugar levels. Metals include silver, aluminum, gold, platinum and palladium.

• This risk management feature is recommended to those new to forex and CFDs trading.
• Medical Alert Scam – This is a telemarketing scam that promises a ‘free’ medical alert system, that scam targeted seniors and caretakers.
• With this said, the broker has implemented a Secured Socket Layer which protects the website and its platforms against cyber attacks.
• My first time doing any kind of trading and the experience seems okay.
• Pyramid schemes offer a return on a financial investment based on the number of new recruits to the scheme.
• When it comes to online trading, security is the most important aspect you need to check.

The LexaTrade is an offshore forex broker who has offices in three different countries. Respective financial regulators regulate Australia and Cyprus based companies. However, Marshall Islands-based third firm associated with LexaTrade is problematic. The broker under consideration looks legit, but there are uncertainties in trading markets. The LexaTrade may be a potential Australian trading scam.

LexaTrade Vanilla Options

I was contacted then by my VIP account manger as I had deposited more funds, Bharat I got told that he would resolve the matter and send me another server and this was never done. I got told there is nothing they can lexatrade forex brokers reviews do and I must accept the -$7000 loss. At the same time he has the nerve to tell me that I must deposit more money and they will give me a good bonus. I could not believe what I was hearing and dropped the phone.

While the Standard one doesn’t require a minimum first deposit, the minimum deal size is 5k with a margin to risk that is $25. The Premium account is with a minimum deposit of $2,000 with a deal size of 50k and a margin to risk of $250. Lastly, the VIP account requires a deposit of $2,500 and a minimum deal size of 100k, with a margin to risk of $500. Are you interested to learn more about the LexaTrade trading platform and is it really that easy-to-use and full-featured broker that it claims to be? This platform offers a huge range of assets to trade, including 60 Forex pairs, commodities, CFDs, indices, shares, oil, gold and silver, and Bitcoin and other cryptocurrencies. Members have been using it for trading and personal investment purposes as it has great tools to suit both types of users.

However, it is for this reason that the information included in our comparison tables be considered for indicative purposes only. The LexaTrade minimum withdrawal account is $50USD to bank accounts. Other withdrawal methods to eWallets or credit/debit cards have no minimum withdrawal amounts.

Ifsc Regulated Forex Brokers

This is why we proudly offer fixed spreads and no slippage on our web platform which means you are always aware of your costs before trading. Unlike variable spreads, fixed spreads never change in response to market volatility and you always know the spread you are paying before opening a deal. As a market maker, they are able to offer guaranteed stop losses and negative balance protection. They also offer fixed spreads, which are nice if you don’t like the added uncertainty of spreads spiking during times of volatility or low liquidity. Their spreads on anything but EURUSD and USDJPY, especially those on crosspairs, are steep. They make trading moves on anything below the 4hr chart difficult. My trading style is swing trading on the daily chart, which is definitely doable with these spreads – but then you run into their swap rates.

Easy-Forex is one of the larger Forex broker and its vision is to make FX trading as simple as possible for slightly intermediates and intermediate traders. With no fees applicable to any of these methods, the key factors of which method comes down to convenience for the forex trader and the deposit processing times that vary considerably. Overall, LexaTrade platform is easy to use, doesn’t require a download and is ideal for new to currency trading. Once a trade is made, a countdown clock shows how much time is left for the trade to be cancelled without realising a loss using this feature. If a stop-loss is also reached within 60 minutes and dealCancellation is active, no trading loss will be realised.

LexaTrade Account Types

You can contact an agent via email, Viber, Whatsapp, Facebook Messenger, and a live chat on the website. It is also possible to use a mobile application that can be used on any mobile device.

The main idea of the company are to be honest in everything. Therefore, the broker tries to provide a transparent service where the users can see all the funds movements. It has many trading instruments, a low initial deposit sum, and low trading fees. I don’t know how this company is allowed to do business in the UK other than no-one has investigated them. Forex trading carries a high level of risk and may not be suitable for all investors.

This opens a trade where you either place buy or sell orders at the current market price. While Pending Orders is a type of order that allows you to buy or sell at a pre-determined price in the future. This can be ‘Buy Stop’, ‘Sell Stop’, ‘Buy Limit’, and/or ‘Sell Limit’. This site uses cookies in order to provide you with the best experience regarding personalized adds, as well as to improve our services. These small text files are used to capture your usage of our site and are stored locally on your device. They provide no harm to you and, by continuing, we take that you accept them. To learn more about cookies and how we handle them, please refer to our Cookie Policy page.

The plan is that, when those governments revalue their currencies, increasing their worth against the dollar, you just sell and cash in. Unlike previous hoaxes, you may even take possession of real currency. The problem is that they will be very difficult to sell, and it’s extremely unlikely they will ever significantly increase in value. Credit/debit card fees, pay day loans, credit repair companies and unauthorized use of credit/debit cards. Some of these complaints involved hidden fees and billing disputes as well. Most of the complaints under this category involve debt collectors.

In some transaction i make profit and in some transaction i did loss.Overall my account is in profit. The below review is also of same nature he made money and you are not giving his profit and giving the same excuse of terms and condition. It also simplifies trading just 3 steps – choose the highest forex brokers possible risk, the whole period of one’s trade and decide if the speed goes down and up. When I had questions, the support was absolutely professional and efficient. The products and services offered were always within my expectations. Solid Cryptocurrency exchange been around for a long time.

There a different charges and they depend a lot of the type of account you use. The best trading conditions are provided by the VIP account and web platform. For instance, the most popular currency pair EUR/USD has a fixed spread at 0.9 pips. The broker does not take fees per order, only the spreads. The LexaTrade claims to focus on the client’s protection. For this, it applies many measures such as tight fixed spreads, Negative Balance Protection, and dealCancelation features. The minimum deposit required to start trade with this broker is a mere $100 and is acceptable by many traders.

A lot of bonuses mean that it’s a market maker, which have a conflict of interest with you. So I advise you to choose true ECN brokers and use all benefits of trading at real market. If you don’t know how to choose the best broker for you, add me to skype – vovkfx, I am ready to share my experience. This information is compiled manually and if you happen to come across any type of inaccuracy or misinterpretation of information, please let us know; this is likely due to human error.