Lexatrade Review

Inside Viewer Tool gives access to statistics about Lexatrade client positioning and dealing. Lexatrade does not accept clients from United States of America, Israel, Iran, Syria, Afghanistan, Myanmar, North scammed by lexatrade Korea, Somalia, Iraq, Sudan, British Columbia, Ontario and Manitoba. Miroslav Georgiev is Senior Risk Executive with 20+ years of professional wide-ranging experience in multinational forex companies.

The information and videos are not an investment recommendation and serve to clarify the market mechanisms. You can reach their support through Facebook Messenger, WhatsApp, Viber, and Live Chat on their website. It is really convenient and we can say that it is easy to get in touch with Lexatrade’ support team with these chat options. ‘Sell Stop’ allows you to open a position at a predetermined price level. It is much alike with ‘Buy Stop’, however, the difference is the current price is higher than the value set.

Lexatrade forex brokers reviews

Going deeper into Lexatrade technology, the designed Market Explorer gives deep market insight, showing the real-time rates of 200+ instruments available to trade. Lexatrade is a Cyprus established firm which started its operation back in 2001 and was one of the first to offer online trading at their developed user-friendly platform. But, it does not stop there, your mobile trading is covered as well. So if you want to trade from your cellphone or tablet – nothing can stop you.

Trading Accounts Of Lexatrade

Due to its long history of responsible behaviour, strong regulation, and strict internal processes, we consider Lexatrade a safe broker to trade with. FxScouts follows a strict editorial standard in our review process. We may receive compensation when you click on links to products we review.

Lexatrade forex brokers reviews

If you’re beginning to trade, learning how to read forex charts is integral to your success. In Australia, the brokerage firm is regulated by the Australian Securities and Investments Commission . You will also need to lexatrade forex broker provide documented proof of your address and identity before you can withdraw funds. We may earn a commission when you click on links in this article. We include different instruments and holding positions overnight.

Trading Platforms

All services are free, so you to take advantage of the opportunities that Forex trading offers. One of the most innovative tools easyMarket offers, giving you the ability to undo a losing trade within 1, 3 or 6 hours. Trades are executed at the rate you see, on Lexatrade platforms ensuring you will never be surprised by a spread change during volatility. The same method that was used to fund an account must normally be used to withdraw money.

Lexatrade forex brokers reviews

It is used when the price is falling, and it is assumed that it will reach a price and increase. Before trading with an online broker, you should make sure that the broker you are trading with is a regulated one. This is very important due to the fact that this regulation is the protection of your investments and as well as your guide as knowing if the broker is legit and not a scam. In order to attain certain authorization and licenses, the broker must meet criteria that prove its authenticity as a broker.

Broker Features

In addition, these re-tests have also been getting added support from the H4 20 EMA which is now below current price . Should Bitcoin continue hovering between the range of 37K USD to 40K USD, then Chainlink breakout levels place the next level… Technical analysis tools like charts; by-default indicators of MT4; drawing tools and timeframes. Account management – easy and intuitive menu to deposit, withdraw, submit documents, check on history and access statements directly.

Lexatrade forex brokers reviews

Easy Forex Trading LTD is the owner of Lexatrade and is authorised and regulated by the Cyprus Securities and Exchange Commission since 2007. Ripple is popular among big banks with the Ripple network a next generation real-time gross settlement system. The name on the Lexatrade account and the payment processor needs to be the same. Opinions expressed here are solely the author’s and have not been reviewed, approved or otherwise endorsed by reviewers.

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.

Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any lexatrade forex broker kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

Lexatrade forex brokers reviews

It was developed in-house by Lexatrade and has some pretty advanced features and functionality. It’s time to move onto one of the most important things for any trader and that is the technology and platforms that they have at their disposal when using a particular broker.

Trade With A Regulated Broker

You can use this feature for a small fee to undo a trade that may incur losses. So, ask them before topping up the account about the company with whom you have a contractual relation. After more than 1 year of trading with this broker, I can share my opinion about Lexatrade.com. They are always available through Facebook messenger, reply quickly, and earnestly try to answer your questions. I’ve spoken to them on many occasions and they helped me every time.

Lexatrade does not charge any deposit or withdrawal fees, but it charges an inactivity fee of 25 USD after 12 months of account dormancy. If the account remains dormant, a fee of 25 USD will be charged every six months.

It has to be told at our Lexatrade review that mobile trading solutions that we tested are actually quite comfortable and no lags or drawbacks have been found. Forex Trading Platform is one of the most important factors that shows how good a Forex broker is. Almost every broker offers good oldMeta Trader 4 and Lexatrade is not an exception. No commissions, fees or spreads when withdrawing to a credit card. The broking company has its forex business headquartered on Cyprus. Furthermore, Lexatrade holds licenses in Australia and the European Union, so it is regulated by two major financial authorities.

  • A guaranteed stop means that – no matter the market conditions – the broker closes your order at the level of the stop loss.
  • Lexatrade Live Account is used to do live trades with real money involved.
  • This is incredibly low and sets Lexatrade apart from other similar brokers.

TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The Easy Markets Broker groundbreaking proprietary trading platform is unlike others in the industry. It only provides the basics that traders will require, while still offering unique features such as “Inside Viewer”.

Once you start trading with it, there is no reason to stop or move on with something else. Our evaluation revealed that the standard account carries a little investment risk and is suitable for beginners, while premium and VIP accounts are for wealthy and high-volume traders. The below-mentioned table will give you a glimpse of the requirements of each account and what they have to offer for traders of all classes. The safety of funds is the biggest concern for investors when trading online. The legitimacy of Lexatrade ensures transparent and secure trading in various ways.