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I really do not understand how u guys can simply “forget” the pain to be cheated by these crooks. Thank you also for the author of this blog post and everyone who took the time to write in the comments and help others prevent losing $100. Forex trading is a good investment but only if you are armed with sufficient knowledge. Then also, the next prudent tip on investment, is to research the company you are dealing with. forex Search the web for others opinions about it. well, after reading everything in this blog, both good and bad – I must say that I am no longer comfortable doing fx trading with LexaTrade simply because it has so many negative feedbacks. LexaTrade is not a SCAM.It is a reputable company and has been operating since 1996,legalized by CYSEC.Those people who wrote this BLOG is PAID by other company for marketing strategy.
Trading financial instruments with margin carries a high level of risk, can work both for and against you, and can result in the loss of part or all of your investment . You should not invest money that you cannot afford to lose. Should you have any doubts, you should seek advice from an independent and suitably licensed financial advisor.
The broker does not serve residents of the US and Canada. Formula Investment House Ltd is an investment firm registered in the British Virgin Islands. It is licensed and regulated by the British Virgin Islands’ Financial Services Commission , which is considered by many experts as a tier 3 financial regulator. In this detailed LexaTrade review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
I used several brokers before join LexaTrade they are the best so scammed by lexatrade far. I have not had any troubles with their service at all.
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All reviews represent only their author’s opinion, which is not necessarily based on the real facts. LexaTrade is recommended fro trading because you can get your money back easily.
LexaTrade has very professional and adequate technical trading system that make me feel really comfortable trading with them since 2016 until now. The most importante things that I like at this broker is their fixed spreads on EUR/USD that only 3 pips, only $100 minimum account size and their fast withdrawal process. I receive money whenever I need just in less then 3 hours and in a week I earned profit about $800 to $1500.
Each eligible client deposits $1000 and will receive a 30% trading bonus. I have been trading with lexatrade scam LexaTrade nearly around 2 months with $500. Their LexaTrade trading platforms is good and fast.
It turned out that the size of their leverage is sufficient to enjoy steady gains. The main thing is that I feel secure with this broker. It didn’t do suspicious things to my account, so I don’t associate it with cheating as well as other illegal stuff. Review on LexaTrade (LexaTrade.com) – Well it has been reviewed by a lot of victim investors who lost their money to LexaTrade frauds. You do a google search and you will find scores of reviews clearly mentioning that they are fraud and cheating investors.
At present, the number of LexaTrade Company clients is more than tens of thousands traders around the world. Founded in 1996, LexaTrade is a group of online trading companies with intuitive & user-friendly trading platforms. They offer Forex & CFDs in commodities, shares, indices, currency exchange ETFs, & cryptocurrency. You will be redirected to the next page where you can read and agree to the Trading Agreement and then fill in the Captcha Code. Thereafter you will see your Username and Password. Click on the “Login” button to enter the trading platform.
I told her Im low on cash right now and will be busy on the following days so maybe she can call me a month later. For me, I will consider ironFX, another online trading site I came across with. I have yet to research on reviews about it but I can see from their site that they publish all their regulations and licenses and the addresses of all their offices. Although the site investment for beginners appears intimidating because of all the content I think it is more legit. Hi,am also in SA joburg,hw long have u been trading with them,please share your experience i also registered with them but havent deposited any money as yet. I ask them, wheather they have any office in India or not. Firstly they told that office is located in Delhi, but they can’t provide the address.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click ‘Complaints ‘and ‘Correction’ to inform us. We will check immediately and release the results. The use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.
Some fees may be charged when using certain payment methods. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. LexaTrade offers trading in over 800 instruments spread across six asset classes, including currencies, commodities, indices, shares, cryptos, and ETFs.
For the past nine months, I have never encountered any drastic lags while trading. The platform runs smoothly and the order execution is fast. It is also very productive to trade at this broker because they offer a wide range of trading instruments. As for the withdrawal, I requested for $100 last week and it was transferred to my bank account on the next day. So my orders became profitable, till now I’ve earned 150 dollars. I was able to withdraw all of my profits via Skrill account within four hours. So I say forex is a profitable and reliable broker from my experience.
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Foreign exchange, precious metals and over-the-counter contracts are leveraged products, which have high risks and may lead to losses of your investment principal. The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn’t ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. “All bullshit…everything lie and fake…LexaTrade dupes people of their money. I do not doubt if everything above is written by LexaTrade people themselves. I just read your information above on LexaTrade. Main issue is, if you have no idea what Forex Trading is about, offcourse you will loose money!!
- It’s easy to navigate and offers all the features and tools available on the web platform.
- Till now I’ve withdrawn almost $650 profit from a standard account.
- The proprietary platform is generally pleasant to use but traders familiar with the additional features of an MT4/5 platform may be disappointed.
- As to the withdrawals, a charge up to $20 may be applied, depending on the payment method and withdrawal size.
- LexaTrade offers high quality forex trading to the traders worldwide.
- the card was hacked through there platform my card had to be cancelled immediately causing issues.
A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. ) will not be published. Please submit your normal e-mail address that can be used to contact you. LexaTrade sales persaon are send message through the e-mail only conversation. they are not give the bonus as they mentioned.
“LexaTrade is duping people of their money. I have all the reasons to believe that it is certainly a scam, a fraud. Overall, there are many questions in regards to the trust of the LexaTrade company services and the manner they do operate the online trading itself. The pages and official sources of the international regulators’ list alert shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally.
You would come to know the real play of LexaTrade. The platform is easily accessible, features clear navigation and is equipped with advanced trading tools, features and information. You can login to the platform via any computer and no download is required. Traders can customize the web platform according to their own preferences and requirements and enjoy a secure, seamless trading experience. I warn all forex traders to beware of this fraudulent so called forex trader. Now I have a very strong feeling that its a complete fraud by a few people who have developed this website.
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They could control the platform from their side; I have experienced that all by myself. Seriously, I went back and forth with 8 different members of their support team, a new person each time. After this experiece of mine I have come to this conclusion that LexaTrade.com is certainly a scam or a fraud and if it is not a scam, then it is a cheat and liar for sure. The most important tool online traders need is an innovative, user-friendly trading platform. It enables traders to access global markets, take advantage of market opportunities and better manage risks. The exclusive LexaTrade trading platform was developed in-house, based on our 23 years of market experience and an extensive understanding of modern traders’ needs. What I like the most in LexaTrade is the stable platform.
Same experience, i simply gave up trying to get my balance back. I am just glad I made my research before I actually invested $100 to them. I believe given sufficient knowledge it will be a rewarding investment vehicle. 2nd time, when I ask the same question, they told that they have their office in Mumbai. Is there any one who has earn online i.e. work from home, Housewives can earn 1400 USD, why not you.
LexaTrade Trading Platform
And When I was making huge profits I was not able to close my deals on their platform. I wondered to myself, if all this exists in an artificial environment.