We go beyond the quantities or amounts to make a real and measurable review that is based not just on the pros but also on the cons. Usain Bolt has signed an agreement to become an official brand ambassador of forex and CFD broker of LexaTrade, so you will likely gonna see a lot of LexaTrade when UBolt is around.
LexaTrade broker says they process nearly all withdrawal requests within 24 business hours. I don’t understand their logic as to why it’s necessary to separate the profit from the deposit, it’s also your money.
Mobile Trading Platform
Therefore, it is not surprising for a few clients to claim LexaTrade withdrawal problems. LexaTrade maintains a clean track record with five regulators, making isolated stories of issues related to a withdrawal dubious.
At LexaTrade the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support. LexaTrade was founded on these values, and that will not change.
Thoughts On siriusLexaTrade Pays $96 Million Settlement For Class Action Lawsuit
For overnight positions, LexaTrade prides itself on offering competitive and transparent swap rates. The rollover policy is that LexaTrade will credit or debit client accounts and take care of rollover interest.
The eligible Class Members in this settlement are those who have active subscription plans that were authorized to receive SiriusLexaTrade service as of June 5, 2020, and continue to receive service. Meanwhile, inactive subscriptions are those that were no longer authorized to receive service as of June 5, 2020. Moreover, they also weren’t informed that the transfers of the service were limited. The eligible class members of the settlement include the consumers who bought “Lifetime Plan” or “Lifetime Subscription” services from SiriusLexaTrade. LexaTrade offers higher bonuses compared to the other brokers I’ve signed-up with before. Yeah the technical analysis they provide is quite helpful to some of my trades.
We think that the range of account types offered are realistic, easy to use and understand, and good value. Too often in the retail Forex / CFD industry, account type classifications are made unnecessarily complex for marketing purposes.
Customer service available 24h 5 days a week and available for your concerns and answers either through email, phone or live chat. Also, we found that service is a good quality with reliable answers, which confirms again LexaTrade’s client oriented policy. You may see also swap fee conditions on the snapshot above, as well for better information check out and compare LexaTrade fees with another broker LexaTrade. Lastly, you should calculate also LexaTrade overnight fee or the fee that a trader pays in case the position is opened longer than a day and is agreed through a swap contract that comes as a cost.
I Work For SiriusLexaTrade
Typically, it can be said that the longer a broker has been in business, the more reputable the broker should be held to be. If you are looking for alternatives to LexaTrade we have compiled a list of the top 5 brokers that are similar to LexaTrade below. This list of brokers like LexaTrade is in order of similarity and only includes companies that accept traders from your location. The easiest way to contact LexaTrade is through their live chat feature found on the contact page of their website. LexaTrade also offers a free VPS service to help increase the speed of trades. This VPS is accessible from anywhere and available 24/7. They claim to eliminate downtime and are available across the globe.
You can use MT4 and MT5 on Windows and Mac, with high support on mobile devices, like Smartphone and Tablet and its Web-based WebTrader, available in every platform with an internet browser. All of these platforms are an advantageous feature in LexaTrade if you are into working with few accounts at once, getting an advantage of LexaTrade different instruments. In summary, we can say from my experience that the analyzes offered, etc. are very well applicable for their own trade. Beginners and advanced traders can expand and improve their knowledge for free. In addition, the service makes a good impression on me.
How Long Does It Take To Withdraw From LexaTrade?
Brokers primarily exist to execute trades and safeguard deposits efficiently, and these core functions are what customers need and want. After regulation, safety, and the fee structure, the next most important element to consider when choosing a Forex / CFD brokerage is what is offered for trading on the broker’s menu. Some traders will be seeking exposure only to one asset class, such as Forex, or CFDs on individual stocks and shares, while others will be looking for diversification. Like lexatrade rezension all Forex / CFD brokerages regulated in member states of the European Union like Cyprus, all clients of LexaTrade enjoy negative balance protection. This means that it is impossible for any client to lose more than the amount they have deposited with LexaTrade. The “tail risk” of an extremely large and sudden market movement, amplified by any leverage used, is borne fully by LexaTrade under this European Union regulation. Pepperstone – Pepperstone offers CFD trading to both retail and professional traders.
- You can expect to get your account open and ready on the same day that you begin the account opening process.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- I just received a deal offer in the mail to sign up for 12 months for $5.00 a month.
- There are also a number of drawing tools available.
- Then I tried to chat and the person on the chat wouldn’t let me cancel either.
- Choose between more than 4 different chart types in the software.
If you’re in Cyprus, your account options are Micro, Standard and LexaTrade Zero. The sections Investor Profile and Knowledge & Experience will determine whether you can open a trading account with them so be sure to answer them correctly and accurately. Trading FX or CFDs on leverage is high risk and your losses lexatrade website could exceed deposits. It is not stated on the page the mediums available for both deposits and withdrawals. Trying to access the information seems to require being a member. These are very good platforms in the forex industry, as they have become some of the most widely used by experienced traders.
Contact SiriusLexaTrade Listener Care
That is the new name and website for the Bitschanger scam. They even share the same database, so if you register on one, you are registered on the other. All of the graphics and web interface is also identical. I pray that you will seek out a real way to make money without stealing it from others. Trade360 – We are putting together a full review on the Trade360 scam.
I was given the number for the fraud department. I called the number and got a voicemail message that directed me to leave a message and someone would contact me within 24 hours. The only problem is that every time I called the number the voicemail message box was full. I eventually had to contact my bank and deactivate my debit card. I still have not been able to get a straight answer from LexaTrade and no one will knows how the charges were placed on my account. LexaTrade is one of the biggest retail brokers operational with more than 3,500,000 traders from 196 countries. It provides traders with more than 25 payment options and given the size of this broker and broad international reach.
Sincerely one mad ex customer of Sirius LexaTrade radio. Went through the same thing when I cancelled by LexaTraderadio…. Took 4 calls to them, on the first 3 I was disconnected when they kicked me to someone who could help me to cancel. Really the most difficult thing I went though…… Note to Danni above, a great company would just allow you to cancel online as part of your account settings.
With the MetaTrader, you can adapt your trading to any trading style. The platform can be customized and even programmed. Whether long-term world currencies or short-term hands, the Metatrader always delivers the right settings. Robots or automatic programs are also allowed with this program.