Lexatrade Training Courses Reviews By Real Customers

Jun 29, 2021   //   by eccoeventos   //   Forex Reviews  //  No Comments

Since Lexatrade is a registered UK trading company, it makes me wonder the part UK government themselves have to play in this by allowing this scammers to be trading in the UK. I guess the government does not care because at the end of the financial year they receive a huge tax payment from Lexatrade, the money scammed from you lexatrade official site and I. After weeks of turmoil and sadness that GToptions brought upon me and my family after I lost GBP110, 000. This company will fool you into thinking you can trust the «upfront platform» you are using but it does have many hidden tricks it uses to wipe out hundreds of millions of dollars from its customer’s accounts.

Lexatrade courses scam

We also paid serious attention to the reviews and testimonials from past and current users. You are about to gain great insight into one of the world’s best CFD brokerages.

1) Lexatrade are a market maker broker , they make there own market. When you trade with Lexatrade they are counterpart to a clients trade while setting the price. This means that for any foul play to be confirmed, the victim would have to be able to prove the misconduct using screen recording software in order for it to be admissible to a court or a regulatory body. While multiple victims have claimed that they have screenshot evidence, until now no accountability has been taken by the FCA or any of the regulators that oversee Lexatrade. You can always try out the platform with a completely free demo account.

Al Brooks Philosophy Of Price Action Trading

Below we compare Lexatrade to other CFD broker which offer both retail investor accounts and Professional account with a similar proposal and financial instruments. More and more people are looking to become a player on financial markets either as traders or investors.

Lexatrade courses scam

This broker makes its profits through the Buy/Sell (Bid/Ask) spread. So, when a trader opens a position, they actually “pay” the spread. This spread is not an additional charge or fee to be paid by the traders; it is incorporated into the Lexatrade quoted rates itself. As per our Lexatrade review, it does not give back-testing functionality or enable its customers to manage external funds through MAM or PAMM trading platforms.

Lexatrade Review Education

Once you login, you’ll see a clean and understandable interface with watchlist and full control over your account, with search, Portfolio settings and Fee reports along with statistics. For instance, you may also check out and compare fees to another popular social trading broker Capital.com. What is more great, Lexatrade Guaranteed Stop Order is a specific feature that guarantees your requested rate, yet subject to a slightly wider spread. This is a very useful tool during high volatility conditions, which remains at your disposal but definitely worth considering to manage your risks better. Once an account is activated and proved, which may take up to 2 business days follow with the money deposit and enjoy trading.

Lexatrade courses scam

After three months from the last usage, Lexatrade will automatically charge you $10 every month until you reactivate the account. The fee is charged because Lexatrade will be spending time and resources keeping your account secure and open for you to come back and use it. With that said, let us dive into some of the cryptocurrency CFDs you can find on Lexatrade.

Trading Platforms

Leave a Reply Cancel reply Your email address will not be published. Applied for USD1k withdrawal to test that it works and «prove how easy it is». I have worked with regulated companies and they still scammed a lot of people. Cheap europen stock broker how buy ethereum stock 12, at pm.

Lexatrade courses scam

Therefore, in accordance with the CySEC, FCA, Australian Securities and investment commission and other respected regulations, CFD provider strongly complies with numerous client protective tools. We hear more and more stories each day about clients who lost their money to scammers from Telegram or through unregulated services. BrokerChooser only features brokers that have top-tier regulators. It is recommendedfor traders who are aware of the risks of CFD trading.

Getting through to a human agent is relatively quick when needed. Even with these limitations, customer service responses to our requests were prompt, knowledgeable, and courteous. Stop – A pending order where the entry is at a predetermined point above or below the prevailing market rate depending on whether it’s a buy or sell. The trader also has the option of selecting the expiration time of this order. Limit – A pending order where the entry is at a predetermined point below or above the prevailing market rate depending on whether it’s a buy or sell. Lexatrade provides little to assist clients in learning about the markets in which they are investing and its research resources are well below industry standards. Asaf Elimelech, CEO – Elimelech graduated in Accounting and Economics from Haifa University and possesses an accounting certificate in Israel.

What Can You Trade With Lexatrade?

Demo accounts are free, and you can select this type of account during registration. Yet this is not a very negative aspect since the major features to potential success conditions of Lexatrade are at a very sustainable level. Besides, always consider whether you can afford trading with real money as risks while trading includes a possibility that accounts lose money. Yet, together with platform simple design it still powered with advanced technical indicators, charts and real-time price alerts with notifications which you may receive to your email.

CFD is a highly complex asset and it is also known as a derivative product, hence utmost care should be taken when dealing with this type of security or asset. One of the major advantages is, the company is listed on the London Stock Exchange. It is considered as a safe broker because it is regulated with various regulatory bodies. Plus 500 is part of the FTSE 250 Index of leading mid-cap listed companies who have licenses in important financial hubs including, the United Kingdom, New Zealand, Australia, Singapore, and Israel.

This broker provides one lawfully required “Key Information Document” which outlines the fundamentals of each accessible instrument and the risks related to trading with it. The KID has summary data on equities, options, indexes, forex, ETFs, cryptocurrencies and commodities. Opening an account with them is quick and the process is 100% online. It has a wide variety of derivative assets that you can trade, and more than 2,000 instruments. It doesn’t take long for anyone lexatrade cheating visiting Lexatrade’s website to understand this is a highly professional venue, which focuses on offering the best possible trading conditions in a highly supervised environment. The platform is proprietary and web-based, so they’ve decided not to go for the ever-popular Meta Trader 4 or 5, which at first I thought it was going to be a disadvantage. However, the platform is so easy to use and intuitive, that I had a change of mind in less than half an hour of using it.

  • You may also be able to use regional payment methods to add money to your trading account on Lexatrade.
  • Clients funds are handled with accordance with payment protocols.
  • It’s also worth noting that when using 2FA, users should make sure to back up and store their 2FA keys securely offline.
  • The traders can call customer service and clarify their doubts.
  • The alert lets you know if the price of an asset reaches a certain level or changes by a set percentage.

For example, if you are from the UK, your account will be with LexatradeUK Ltd and you will get £85,000 in investor protection. LexatradeUK Ltd is regulated by the FCA, the UK’s financial authority. You will find awell-designed economic calendar and market analyses prepared by Lexatrade’s research team, but there is no news feed or newsletter.

This platform doesn’t offer any of the special features that are available at other online forex brokers. It doesn’t allow for automated tradign via expert advisors and it doesn’t provide back-testing functionalities. It also doesn’t allow clients to manage third-party funds via MAM trading platforms. The company provides a streamlined Web Trader platform along with similar mobile trading apps for Ipad, iPhone, and Android devices. A bit of investment advice, CFDs are complex instruments and come with a high risk of losing money rapidly because of leverage.

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