LexaTrade Review: Is LexaTrade Scam or not

LexaTrade advertises several account types, from basic to VIP, each with distinct perks. LexaTrade began by managing cash transactions in real-time trading using PAMM accounts. Over time, it has grown and developed advanced trading solutions and a variety of financial instruments, becoming a well-known online brokerage brand. I have been working with Lexatrade since the summer and have withdrawn money 3 times during this time. I did not notice any problems with this broker, with the exception of sales managers.

This broker offers a balanced mix of functionality and user-friendliness. And besides, if you really want to do advanced technical analysis, LexaTrade offers Meta Trader 4 so you can have the best of both worlds. Each account type comes with its own set of perks, with the higher account types offering the best perks and benefits. We use dedicated people and clever technology to safeguard our platform. They even have affiliates who individually promote platforms to others and force them to invest maximum money. Members also engaged in health care fraud by having doctors issue unnecessary prescriptions for expensive compound cream, court papers say.

1. 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.
2. It aims to attract traders with promises of high leverage, multiple account types, and extensive educational resources.
3. LexaTrade advertises several account types, from basic to VIP, each with distinct perks.
4. Lexatrade.com has a rating of 2.7 stars from 30 reviews, indicating that most customers are generally dissatisfied with their purchases.
5. Once the money is deposited with it, it stops responding to the queries..
6. For a smaller or starting website a low ranking can be considered normal.

User-Friendliness 17/20

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. LexaTrade provides access to popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. 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.

LexaTrade Review – Pros, Cons and Verdict

1. As you can see, the company has done everything to make trading available from anywhere.
2. Contact with the broker via email, in our opinion, is great because we got the desired response in the expected time.
3. However, you must do your own due diligence and make your own decisions when choosing a broker.
4. The absence of this crucial data adds to the uncertainty and leaves users uninformed about LexaTrade’s background and stability.
5. LexaTrade does not lie to its customers with the prices; everything is transparent and can be checked.
6. Lexatrade offers personal account managers to its users and they help in trading.

They entice with promises of doubling the deposit within 24 hours and similar claims. After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds. The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises. 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 is lexatrade legit positive way. I was more interested in stocks, but then I also invested a little in crypto.

Your online finance service providers should be regulated and registered by the government. Research thoroughly before indulging in any kind of investment opportunity, whether it’s a cryptocurrency, NFT, forex, gold, or stock market. We’re not totally convinced that this website is entirely reliable. Keep caution before using any kind of product or service offered by Lexatrade.com. This safety score does not represent the true nature of Lexatrade.com. Checkout Lexatrade.com review and detailed overview to understand whether Lexatrade.com is legit or a scam.

Got Scammed by LexaTrade? We Help Victims!

Many traders express frustration and regret for choosing LexaTrade as their trading platform, indicating a consistent pattern of dissatisfaction and potential malpractice. This is a strong indicator that the website may be a scam.We rated using a computer program. The algorithm has scanned the website looking at the source code being used, terms and conditions, registry, location of the company and if the website has received many positive or negative reviews. Scamadviser uses all this information to create a trust score.Based on our analysis we gave this website a very low score. If a website receives a very low review from us, we really recommend you to double check if the site is not an online scam but really safe to use.

How Do I Get Money Back From a Scammer?

The support team is problem-solving and responds quickly, so the overall communication with the team was great. 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. LexaTrade is a reliable broker that provides exceptional speed, functionality, and profitability.

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In conclusion, while the promise of easy trading may be tempting, LexaTrade is fraught with risks that make it unsuitable for investors who prioritize security and legitimacy. Lexatrade offers personal account managers to its users and they help in trading. Lexatrade charges a spread on trades, which is the difference between the buy and sell price of a financial instrument. The spread varies depending on the account type and the financial instrument being traded.

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. Contact with the broker via email, in our opinion, is great because we got the desired response in the expected time. Nothing suggested that LexaTrade cheat their customers with tricky terms and conditions. EvenInsight.com is a venture of Even Insight Technology and a website for cyber security and analysis.

Lexatrade.com has a rating of 2.7 stars from 30 reviews, indicating that most customers are generally dissatisfied with their purchases. We identified an SSL certificate meaning that the data shared between your browser and the website is encrypted and cannot be read by others. 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.