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TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Easy Markets broker does not charge any commission on all trades. It also provides fixed spreads unlike other Forex brokers who also offer fixed and variable ones. Moreover, the spread will depend on the type of account owned, with Standard Account attracting 3 pips while the VIP Account attracts 1.8 pips. The Easy Markets platform is well-known for its latest features, including an emphasis on transparent pricing and proprietary dealCancellation tool. The firm is a haven to over 300 markets and a number of trading instruments such as options, forwards, and trades.

Lexatrade reviews

To start trading with real capital, though, you will need to wait for the approval of the compliance process, which can take a few days. The innovative in-house trading platform of Lexatrade is focused on essentials, providing you with the tools that you need to be successful. As mentioned above, the reason for the amazing success of Lexatrade was the fact that it was among the first trading platforms that provided online services. This success made Lexatrade bring a lot of features for its users. So, here are some of the best features that you get from Lexatrade. There is no need to wait for your trades to close and no waiting in lines for your turn. All you need to do is to take your phone or computer out and start trading with ease.

Lexatrade Pros And Cons

It is therefore difficult to recommend them on the basis of their trading environment, unless minimizing uncertainty and having a safety net are your main priorities. Derivatives are complex financial instruments and there is a chance of losing investments due to leverage. Trade The Day accepts no responsibility for any consequences that result from use that may be made of the content provided. Please be aware that when trading derivatives, between per cent of retail investor accounts lose money when trading derivatives or spread betting.

Account management – easy and intuitive menu to deposit, withdraw, submit documents, check on history and access statements directly. Trading experience evidenced by large trades in the past year, with a frequency of 10 trades per quarter . Safety and regulation are important when choosing your broker, we always advise paying close attention to brokers regulations to ensure there are no nasty surprises down the line. Lexatrade, formerly EasyForex, is a regulated Forex broker operating in Europe and Australia. Lexatrade has been a broker since 2001 and is part of Blue Capital Markets Group with headquarters in Limassol, Cyprus. For your safety & security, we only list Forex and CFD providers that are regulated. The 21st century is the era of technology and digital advancements.

Lexatrade Review 2022

The company was established in 2003 which means that they are old pros in the business and know how to successfully trade. Their regulation policy ensures that the company funds are separated from the clients’ funds to ensure transparency and integrity. First up in this Lexatrade review, we’ll take a look at the crypto trading possibilities. Additionally, having the choice of just 3 cryptos to choose from isn’t exactly the most extensive choice. Once your account’s been funded, you can start trading indices, metals, CFDs, stocks, Cryptocurrencies and more. If you’ve created a VIP account you can start trading in high volumes at discount prices straightaway. More novice traders can make use of the educational and research materials.

From a technical perspective, this is very much the same as a vanilla option. You will also be pleased to know that there are no deposit or withdrawal fees on the platform.

Automated trading is incorporated in the platform settings if you want to go down this path. This means that you have the option to use a Forex robot which as an automated system that decides when to sell and when to buy instead of you, based on Forex Trading Signals. The parameters are usually set by experts on the basis of a set of mathematic indicators. As well as being able to set your risk limit, easyTrade allows you to very easily track your rates movement and potential payout & profit.

Lexatrade reviews

When traders think the price will reach a certain level and continue increasing, they usually use this. With these awards, we can say that Lexatrade is living up to its core values as a simple, honest, and transparent broker that gives good service to its traders. Test your skills, knowledge and abilities risk free with Lexatrade demo account. Trades are executed at the rate you see, on Lexatrade platforms ensuring you will never be surprised by a spread change during volatility. Social Media support is available via Facebook Messenger, WhatsApp, and Viber. Market News provides the latest market news and trading insights from expert financial analysts such as FxWirePro and FXStreet.

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The research category is divided into six sections, though only the blog is original content; the other five sections are simply a collection of data not created by this broker. The educational section offers more value and is separated into five categories. A mix of videos and written content is accessible, and one division is devoted to the psychology of trading, which may be the first positive development at this brokerage.

Lexatrade reviews

In 2010, Lexatrade integrated the popular MT4 Trading Platform. However, unlike other jurisdictions, residents in Australia, South Africa, and New Zealand lexatrade broker reviews have no additional compensation scheme in place to cover their deposits. Lexatrade is a company with an operating history dating back to 2001.

You’ll also find a host of different blogs which are accessible through a separate site. Moreover, Market News with explanation is updated several times each day before the London session starts. Lexatrade training section also includes an innovative chart analysis page that helps traders to select the best possible product from the list and analyzed in real-time.

Lexatrade reviews

The firm also doesn’t charge any fees for funding or withdrawing from your account. The minimum initial deposit is $25 and commits to its core concept of honesty by being transparent to its clients with no hidden fees. Lexatrade Live Account is used to do live trades with real money involved. Register an email and create a password, or if you would like to use a social media channel, you can use your Google Account or Facebook Account in signing up with Lexatrade.

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Traders outside Europe with a standard account are required to deposit a minimum of €/$/£200. There are over 15 different payment methods to choose from when making a deposit, including credit/debit cards, eWallets, and wire transfers. They helped me significantly in starting my journey as a forex trader. As a newbie you will most likely lose money with them, so start small and use it to gain experience in a relatively safe environment. Though once you find your footing and are confident enough to deal with the uncertainties of trading, there are places to go that offer much cheaper trading environments.

  • It could be a win-win for all as the traders can use a well known broker and Lexatrade and the broker gets more clients in other lucrative geos.
  • For more knowledge, you can read the asset information on the homepage.
  • The processing time is 1 – 2 business days and depending on the method and how fast your bank completes the procedure, it can take between 3 – 5 business days for the funds to reach you.
  • So, with Lexatrade, there are no hidden charges or fees that you have to pay.
  • As the whole process is online, you need to access its website and provide your credentials such as full name, email address, country of residence, and a phone number.
  • A guaranteed stop means that – no matter the market conditions – the broker closes your order at the level of the stop loss.

In this review, you can find all the information you need to decide whether Lexatrade is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how Lexatrade scored lexatrade scam in each of our high-priority categories. Ultimately, what this means is that you cannot lose more than your set amount. Given that the biggest thing that puts off new traders is fear of the monetary risk, this is a very big selling point for new traders. Additionally, Easyamarkets’ email response times are quicker than most.

Lower volume and novice traders, however, will be able to work with their web trader or app. Founded in 2001, as Easy Forex and later rebranded lexatrade rezension as Lexatrade, this broker offers CFDs, Forex, Cryptocurrency, Vanilla Options and easyTrade, which is a type of hybrid options trading.