Negative balance protection – This protection ensures that your account will never drop below zero. It’s offered at no extra cost too, so no matter which account you have, you can benefit from it. Maintaining sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions and outstanding expenses. Keeping all client funds segregated from Lexatrade company funds. We have EMPLOYEES and ACTIVE CLIENTS with more experience in retail FX than many brokers’ lifetime combined. Every trader is supported by their personal relationship manager.
79% of retail investor accounts lose money when trading CFDs with this provider. Freeze Rate – This tool allows you to freeze the price you see for a few seconds, to perform your trade. These few seconds make a huge difference in volatile markets like forex and cryptocurrencies, so this tool gives you the chance to make a well-thought-out decision. It’s expected for a broker that’s been in business since 2001 to have a few complaints and overall Lexatrade seem to be cataloged as “not the best, not the worst”.
Lexatrade Releases 5 New Cryptos On Its Website
The platform is designed to cater to the trading needs of both newbie and experienced financial market traders. The features available make it easy for everyone to trade financial assets. Lexatrade does not charge commissions, account fees, or costs for deposits and withdrawals. Note that your financial institution might charge you for the deposits and withdrawals you make on your Lexatrade account so check this directly with them. CFDs are considered complex derivatives and may not be suitable for retail clients. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
That’s why it’s always advisable to test yourself on a demo account for a while, trying out your strategies and sharpening your trading abilities. When you decide you are ready to pass to a real trading account, always start small and deposit more funds as you improve your results. Always keep in mind that you should only trade with amounts of money that you can afford to lose, not the funds that you need to cover your current expenses. Lexatrade supports both the WebTrader and the MetaTrader 4 trading platforms. It also has a mobile app platform where users can access their accounts with ease from their mobile devices.
This means you cannot lose more money than your current account balance, no matter how wildly the market fluctuates. Our intuitive and powerful trading platform on your iOS or Android device, gives you access to markets everywhere you have an internet connection. Lexatrade innovative and intuitive app allows you to trade on any iOS or Android device, giving you access to markets anywhere, anytime.
Getting to know about them can help you take trading to the next level. Depositing and withdrawing from Lexatrade is indeed simple and easy. It offers its clients multiple ways to deposit and withdraw funds including bank transfer, credit, debit, online cards, and a selection of eWallets.
Guide To Etoro Platform
Credit and debit cards remain the most popular method of funding an account. Lexatrade accepts Visa, MasterCard, Maestro, UCB, American Express, and AstroPay as means of payment. The deposit processing time is instant, and there is no transaction fee scammed by lexatrade attached when you use credit/debit cards to fund your account. Lexatrade accepts bank transfers, online transfers, credit/debit cards, and electronic transactions for deposits. Accounts will never go below zero with the negative balance protection.
- All of these goodies along with the list of unique features and benefits make Lexatrade better than others.
- So, whenever you are placing your trade, you will know the fixed trading spreads.
- This means that their services are 100 percent transparent and they provide the needed security to protect both user funds and data.
Choosing Lexatrade can be your right decision about trading but the trading results will only matter on how you place your trades. Refer a friend – Register for the refer and earn program at Lexatrade and you can get paid for every new trader you introduce to the broker. First deposit bonus – Receive 50% or an up to $2000 tradable bonus based on your first deposit.
Among others, clients can enjoy take profit, stop loss, fixed spreads, expert advisors, price-action alerts and a suite of chart indicators. These are geared towards making your cryptocurrency trading experience as easy and enjoyable as possible. You need to fund your account once it is verified to begin easy forex trading. For standard account holders, it is $25, while VIP members need to invest $10,000 minimum. Processing of funds is instant, but it can take up to 5 business days in some cases. Traders with a large trading capital can open a VIP account at Lexatrade by making a minimum deposit of $20,000. The VIP account gets a personal account manager, tighter spreads, more customized trading options, and a better trading environment, which are evidently designed to attract professional traders.
Lexatrade is one of the online CFD brokers that accept payment via online banking. They accept payment from online banking platforms like Sofort, Giropay, Local Bank Transfer, Webmoney, and Bpay. Transactions are usually approved within 2 hours and are free of charge from Lexatrade. With the fixed spreads, your bottom line will never change regardless of the market conditions. While it brings some special value for the new traders, its feature list also keeps all the advanced traders in a favorable situation. Things like automation are also possible with a lot of other smart features. On top of everything, Lexatrade brings a new account bonus for people from different parts of the world.
Securing funds and investments are very important to any trader in online trading. Lexatrade have financial security programs to protect their clients. As part of its core value of transparency, the firm lets lexatrade website its clients know that all client funds are separated from Lexatrade funds. Clients’ funds are segregated and placed safe and secure in top-tier banks and customers will be able to access their funds.
Whether it is related to some skill or knowledge, the online platforms provide the best value by all means. Unlike how trading used to be years ago, now the whole thing is present in the palm of your hands. Finally, we’ve listed some of the popular funding methods that Lexatrade offers its traders below.
Company Headquarters And Trading Names
EasyTrade also allows you to preform a trade in three simple steps. Choose the amount you are comfortable risking, the duration of your trade and of course whether the rate will go up or down. Take the time to check out the different broker options before you start trading. Lexatrade has an entire section on its site dedicated to educational materials. The educational materials are available to teach new traders about the financial markets and to help advanced traders to learn new techniques on trading financial assets. They also have a well-detailed terms and conditions page, where every aspect of their business is discussed. It also contains everything you need to know about trading on the platform.
Yet, make sure to learn how to use tools smartly, as high leverage and incorrect use increases risks as well. EBooks are available for free to all traders and cover everything lexatrade cheating related to online trading, such as vanilla options. Our Lexatrade review was primarily focused on exploring how a trader can benefit from using the brokerage.
Here is a detailed summary of everything you need to know about Lexatrade. Lexatrade is a licensed online broker that allows Forex and CFD trading through its proprietary trading platform. Investors can also trade with a variety of asset classes, including indices, shares, commodities, precious metals, and cryptocurrencies. More so, its innovative business model provides one safe trading conditions for investors in the events of high risk market volatility and events of international economic crises. Our reviewers are happy to report that Lexatrade does not charge any commissions or fees on deposits and withdrawals. The company provides you with a plethora of payment methods too, including credit/debit cards, online banking, e-wallets and bank wire transfers. You can trade these assets in a number of different ways too, such as day trading, forwards, pending orders, options and the broker’s proprietary trading method, easyTrade.