Is Forex Broker LexaTrade scam or not?
To become a successful trader, you need not only to master the skills of fundamental and technical analysis but also to use a reliable broker to trade in the financial markets. Currently, competition in this area is extremely high. There are hundreds of Forex trading companies- one of them is LexaTrade. Let this brokerage company be called unworthy, and we can prove that LexaTrade cheat is not. In this article, we will consider the main characteristics of this broker, as well as give an example of feedback about it.
LexaTrade – scam or a reliable company?
![LexaTrade](https://forexdelta.net/wp-content/uploads/2020/03/0108-1024x683.jpg)
In case there are any violations on the part of the LexaTrade site, complaints can be sent to the said regulator. This organization will carefully study the problem and make a fair decision in the dispute.
Sometimes on the Internet, you can find comments that LexaTrade is scammers. Given that the company operates LexaTrade official site, its activities are regulated by reputable financial institutions, and such a statement is completely untenable. At the end of this article, we will talk in more detail about who writes that lexatrade.com login LexaTrade is a scammer.
LexaTrade: a divorce or an innovative broker?
The LexaTrade broker also offers attractive bonus programs. The company regularly holds various promotions. New broker users have the opportunity to get insurance against losses for one trading day. The company compensates the trader for losses ranging from 500 to 5,000 USD. In addition, new customers can receive a bonus of 30% of the amount topped up. For example, transferring a deposit of USD 1,500, the company will add another USD 450 to this amount. These funds can be used in Forex and other financial markets for profit.
The company also holds a “Bring a Friend” promotion. It does not spread LexaTrade lie, because users who attract a new client to the company will receive a bonus of half the deposit of the attracted trader.
The broker suggests using the following platforms in trading:
- MetaTrader 4. The most popular trading platform among traders around the world. It has convenient functionality and great opportunities for technical analysis. The platform works stably and safely.
- xCritical. An innovative platform that can be used on any type of device. It features an intuitive interface and impressive functionality. The built-in Autochartist Expert Advisor is of particular value to traders. Using it, you can quickly perform technical analysis, and therefore – quickly make trading decisions.
Which of these platforms to use, the trader decides for himself. Cooperating with the company, you can return to choose the most convenient option. Note that the xCritical platform is especially popular among company users.
The benefits also include:
- 24/7 technical support.
- Commission – 0%.
- Leverage – 1: 200.
- Spread – from 1.6 pips.
Real LexaTrade customer reviews of LexaTrade, exposing scammers and dispelling slander about an honest broker
Customers of the company as a whole are satisfied with the cooperation with it. Here are a few user forex review:
“I have been working with this LexaTrade broker for six months now. I learned about the company much earlier, but I came across a network about the negative about it. I read in the comments on one forum the information that «LexaTrade fraud», fraud, etc. Therefore, I was afraid to open an account there. Then he learned from a friend working with this company that all this is complete nonsense. As a result, I opened an account there, on which I have been trading for six months. In principle, everything suits me. The platform works stably, occurs smoothly and quickly. What else is needed for profitable trading? I recommend this company to everyone.”
Anatoly, 32 years old, Moscow
“Worked with a variety of brokers. As a result, he stopped the final choice at LexaTrade. I like their xCritical trading platform. It has good functionality. In addition, it works very stably. I also liked the Autochartist Expert Advisor. With it, I can earn stable income. I believe that this company compares favorably with all kinds of “kitchens”, which are full on the market. If someone tells you that LexaTrade why forex is a scam, do not believe it. I have never had any problems with them.”
Sergey, 28 years old, St. Petersburg
Conclusion
The brokerage company LexaTrade login is an organization with many years of experience that provides traders with services within their electronic system. Today, the broker positions itself in the foreign exchange market as one of the most successful.
The company began its work by managing cash transactions in real-time trading using PAMM accounts. As of November 2019, more than 2,000,000 merchants from all over the world are using the services of a broker.Forex broker LexaTrade site offers traders to open an initial deposit of $ 100, which is a fairly advantageous offer compared to other brokers. To make it easy for merchants to conduct financial transactions, the developers created a convenient interface and an affordable system.