Currently, buying and selling platforms are no longer used only for forex trading or CFD trading. Multi-company platforms are in fact trading requirements among all the essentially important online brokers. LexaTrade offers more than 200 financial products, in particular Forex, metals and commodities, stock CFDs, indices cfds and cryptocurrencies. Take a closer look at this broker to get more information about LexaTrade.
Competitors have already tried to damage the company’s reputation. So they decided to put a lot of negative reviews on the Internet saying that LexaTrade are scammers. Therefore, it does not hurt to talk to more experienced traders who already have real experience in dealing with the selected company. There is no broker that would have ideal conditions for experienced or novice traders. Nevertheless, LexaTrade is a company that provides its investors with a really high level of services provided.
LexaTrade Information for new and experienced investors
In order to become a successful trader, you need not only to master the skills of fundamental and technical analysis, but also to use the services of a reliable broker to trade in the financial markets. There are hundreds of forex trading companies – one of which is LexaTrade and expert reviews confirm that the broker is one of the best on the market.
The task of a novice trader is to choose a company that would provide access to interesting markets with a minimum initial deposit, would not delay the withdrawal of money and would not manipulate the quotes. LexaTrade Broker offers attractive bonus programs, many financial instruments, analysis tools and provides interesting training materials at every stage of traders’ progress.
Before you can work with any brokerage firm, you must estimate the all pros and cons, all possible drawbacks and benefits. It is useful to familiarize yourself with user reviews, but keep in mind that sometimes positive and negative reviews can be ordered in advance. LexaTrade collects reviews in most cases positive. Negative comments are usually the actions of unfair competition.
Regulated brokers must comply with different rules and criteria established by a recognised international body to ensure safe trading and remain licensed. In addition, authorities protect clients through Building Winning Algorithmic Trading Systems compensation systems, which recover the client’s investment in the event of the company’s insolvency. Of course, the regulator constantly monitors how exactly the broker delivers its actions to clients, so it can thus detect whether things are going wrong and take the necessary action. LexaTrade does not deceive its clients, and traders’ starts are usually due to incompetence and mis-made decisions.
LexaTrade – cheating, or lawful activities?
LexaTrade has many data management features and gives you the ability to use individual automated trading systems. The trader can download MetaTrader 4 and install it on your computer. LexaTrade is a broker authorized and regulated by FSP New Zealand and is a member of the Financial Dispute Resolution Service of New Zealand, an independent arbitration and dispute resolution body that acts as a compensation fund up to a maximum of $200,000 per client. The minimum amount to open a real account and trade at LexaTrade is $250. Information and terms and conditions are available on the broker’s official website. The broker does not hide any information about himself, so as you can see, LexaTrade has nothing to do with cheating.
Depending on the type of account we have, spreads and commissions will vary. The broker provides its investors with 5 different types of accounts:
The only commission charged on each trade is the market spread according to LexaTrade. As for the resources and tools that the broker offers on its website, we can see a section dedicated to training or education of the entrepreneur, containing educational videos, tutorials, video courses and even webinars. When it comes to supported platforms, when trading with LexaTrade it is possible to use the famous MT4 and lexaTrade’s own online platform. Legal information about LexaTrade and the terms of the agreement are also publicly available on the broker’s website.
LexaTrade – scammers or a solid broker?
Lexatrade forex broker has been operating on the foreign exchange market for many years, trading takes place without commissions and additional fees. The company’s customers receive signals to inform them about optimal trading opportunities as soon as possible, giving market participants time to make a decision. The reliability and quality of the services provided is also emphasized by the opinions of Lexatrade customers. Clients who use the services of this broker make maximum profits.
Are Lexatrade scammers? Numerous customer reviews about Lexatrade on the official website say something else: the system is protected by a security service, all operations and customer data are strictly confidential. On the website you can read reviews about all the company’s services, available platforms, tools, information, quality of employees (managers, IT professionals, communication staff, analysts).
For professional traders there is a special Active Trader program with which you can trade at five price levels. The Lexatrade platform contains economic and political news that can affect trading, technical analysis tools and other trading tools based on Advantage Trading and MetaTrader 4 platforms. All trading tools can be useful for both beginners and professional Forex traders. Reviews on Lexatrade allow you to take a closer look this brokerage firm. Investors note that Lexatrade trading processes provide:
access to a comprehensive database, which is constantly updated, training materials for beginners, effective trading tools, transparent interface of the official website, relevant analytical information.