Discover even more profit opportunities using the technical adviser Autochartist, which is now built into the platform. Use the most effective methods of technical analysis and make profitable trading decisions! Autochartist will save your time and select the right entry points to the market, as well as give a clear analysis of the expected goals. The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge.
- Thus, LexaTrade guides investors before they start investing through their educational resources.
- LexaTrade is a reliable broker that provides exceptional speed, functionality, and profitability.
- The broker also provides different trading assets for higher liquidity with high leverage and low spreads.
- There is no fee to open an account and the fees for deposits and withdrawals are not specified anywhere on the website.
All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker. This is not the case with LexaTrade and thus far we consider this https://cryptolisting.org/blog/what-is-a-reduced-value CFD broker a reliable partner for your trading needs. We aim to equip you with an array of objective appraisals, insightful commentary, and meticulous analysis.
The main advantages of the LexaTrade online platform are:
The app also offers a range of features to help users stay informed, including access to currency forecasts, real-time asset quotes, and the ability to set stop loss and take profit levels. Whether a beginner or an experienced trader, the XCritical mobile app is a great way to enhance your trading experience. 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. It is regulated by the International Financial Market Relations Regulation Centre, making it a reliable broker in the forex market. The broker offers different types of accounts to its clients for better trading experience. This does seem like a friendly broker, but I am not sure it’s the best choice for a total beginner, simply because the lowest deposit to open an account is $250.
- There is no mention of an inactivity fee but we cannot guarantee that you won’t be charged one.
- The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge.
- Our in-depth and unbiased reviews help investors in choosing the best broker according to their investing needs.
LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities. The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. Also keep in mind that the company is regulated (IFMRRC), which is not the fiercest of financial watchdogs, but any type of regulation is better than no regulation at all. That being said, caution should be used anytime money is involved, with all brokers, old or new. LexaTrade has gained recognition as a reputable multi-asset broker by providing quality services and financial instruments to its clients. The broker set up strict payment procedures for the safety of the trader’s funds and to prevent financial theft.
REASONS TO LEARN TO TRADE WITH US
The platform also offers customizable charting, allowing users to tailor the charts based on different timeframes. A classic choice, particularly in Forex trading, the MT4 platform has garnered trust from seasoned traders ever since its launch in 2005. There are 170 trading instruments on the platform, among them the most popular stocks and indices, precious metals and energy products. After defining your working portfolio, you can add favorite tools to your favorites, where a convenient working system was specially designed for users of the platform. For your convenient and effective trading, we have developed and implemented a new online platform. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.
What is the maximum leverage offered by LexaTrade?
The enhanced account offering helps traders to trade efficiently and thus improves their trading game. The broker is regulated, but not efficiently by a tier 1 regulation, so clients should be careful while investing with the broker. Even Though the regulation of brokers is not refined, the reviews of the broker online are satisfactory. The broker also provides different trading assets for higher liquidity with high leverage and low spreads.
Attention to clients
The broker even partners with reliable and trusted international banking institutions while steering their corporate funds. Trade and invest freely from anywhere on the planet with LexaTrade online platform using high-tech functionality, speed and profitability of the terminal. It lowers risk diversification as well by investing in the basket of different stocks of various companies and sectors. It offers a diverse range of payment options ranging from bank wire transfers to credit/debit cards, from Skrill to Neteller. There is no fee to open an account and the fees for deposits and withdrawals are not specified anywhere on the website. There is no mention of an inactivity fee but we cannot guarantee that you won’t be charged one.
Thus, LexaTrade guides investors before they start investing through their educational resources. Deposits are processed immediately, ensuring that you have access to your funds whenever you need them for trading. However, withdrawals may take a bit longer, usually about 3-5 business days to process. Lexatrade has developed an online training program for traders that takes students from their first deal to consistent results in the market. Webinars with experts, video lessons, and training materials have been selected and grouped according to the student’s level of competence.
It offers signals and pattern recognition and is generally regarded as a reliable tool but of course there are no guarantees that it will be profitable. On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader. Besides, LexaTrade’s Web platform offers all the tools that can turn a skilled trader into a profitable trader.