Two different platforms and three different account types to suit everyone. A large number of positive reviews about it make us trust this company. We should also note the service of LexaTrade True ECN, which is designed to make trade as transparent and simple as possible. For best forex brokers 10 years LexaTrade has proved its ability to be reliable and stable. The responses of the traders we are waiting for in this article will influence the rating of the broker on our web portal. Additionally, they will also warn investors against possible problems in the future.

We have covered allot in this LexaTrade review, If you want to see how LexaTrade compares side by side with other brokers check out our LexaTrade Vs pages. LexaTrade have a A grade support rating because LexaTrade offer over three languages. Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent. LexaTrade leverage magnifies both profits and losses when trading.

Is This Broker Good For Beginners?

The Internet offers enough positive reviews about the company, which boosts the company’s credibility. Certainly, there are negative reviews, but there aren’t many of them. LexaTrade offers CFD’s for precious metals, soft commodities, and energy commodities including WTI Crude Oil, Brent, and Natural Gas. The stock indexes covered by LexaTrade CFDs includes S&P 500, Dow Jones Industrial Average, FTSE 100, and the Australian S&P 200.

Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can’t remember which currency you’re taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade. LexaTrade offers all of the main chart types used by online traders including line charts, open high low close charts or bar charts, and candlestick charts. You can change how the charts are displayed include Black on White, Green on Black and Yellow on Black.

LexaTrade has been facilitating trade on the financial markets for over 14 years. LexaTrade offers clients Forex trading, CFDs trading, Spread Betting trading, Share dealing trading, and Cryptocurrencies trading.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. LexaTrade reputation has seriously gone down the hill over the last couple of years. Back in 2012, it was every man/woman’s dream to trade under their fledge.

Trading Risk Disclaimer

The spread they offer is completely in their own control, and they don’t get the spread from a liquidity provider. Therefore, they can increase the spread directly and they don’t have to add markups. They want you to open a live account before you learn to trade properly, and lose your money. Before the regulations, they were worried about you to lose your money to the overseas brokerages, but now it is OK if you lose, because your money goes to their own pockets now. There are dirty hands behind these kinds of apparently good actions . Indeed, they created a funnel to drain the funds to their own pockets. However, people just see the surface and are not aware of what is going on behind the scene.

With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place. MetaTrader 4 MultiTerminal lexatrade cheating provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts.

Should You Buy Your Silver Bullets On LexaTrade?

Thеѕе mobile trаding platforms feature muсh оf thе ѕаmе advanced funсtiоnаlitу as thе desktop platforms, аnd hаvе been designed tо рrоvidе a convenient and ѕеаmlеѕѕ trаding еxреriеnсе. Ovеrаll, the mоbilе trаding platforms рrоvidеd by IC Mаrkеtѕ do nоt disappoint. It features flеxiblе lоt sizing, flеxiblе funding аnd withdrawal орtiоnѕ, tight spreads, market dерth, аnd mоrе.

We have broken up the other fees and transaction costs a trader is likely to encounter with LexaTrade and explained what these fees entail. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. The information is anonymous (i.e. it cannot be used to identify you and does not contain personal information such as your name and email address) and it is only used for statistical purposes. Behavioral cookies are similar to analytical and remember that you have visited a website and use that information to provide you with content which is tailored to your interests. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process. We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise.

LexaTrade Spread Comparison

You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with LexaTrade. A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account. That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform. However, the swap you actually pay is different from broker to broker. It is OK if it is not too much, but if you see your broker charges a lot as the swap, then you have to ask them about the reason, and you have to close your account if they don’t fix it.

• This kind of trading model is why LexaTrade are known as an ‘A’ book broker.
• As per its Wikipedia page, LexaTrade has a total of more than 180,000 users.
• Another thing LexaTrade does exceptionally well is educate their clients through their extensive education centre.
• They get regulated and registered because they have to, not because they are honest.
• The below forex brokerage calculator compared LexaTrade to IG for their lowest brokerage accounts .
• Although traders have had great success with LexaTrade.

Raw Trading Ltd, trading as LexaTrade Global, is located at Eden Plaza, Office 209, Eden Island, Mahe, Seychelles and is licensed and regulated by the Financial Services Authority of Seychelles. Similarly, when the price is going down strongly, and you choose to go short, they don’t let you enter and wait for the price to go lower, and then they re-quote. They cause you to enter with a lower price to prevent you from making a good profit from your short position. It is all done automatically and through some special settings of the platform. They don’t make you enter with a lower price when you want to go short , because it doesn’t make sense to enter with a lower price when the actual sell price is higher on the platform. However, when you want to close a short position they slip the price and you get out with a higher price. BrokerChooser.com does not provide any investment advice, we only help you to find the best broker for your needs.

LexaTrade Frequently Asked Questions

A stop-loss order is an order placed with a broker like LexaTrade to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position. It’s grown by $ % in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade. CTrader Automate provides traders the ability to create algorithmic trading robots to automate financial trading plans.

If you are looking for Forex brokers to trade currency pairs on global Forex markets LexaTrade offer over 65 currency pairs. Be aware that Different entities under LexaTrade Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based lexatrade rezension on the country of residence of the Client. Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have. For International Bank Wire Transfers, a processing fee of 20 AUD or money equivalent is billed by our banking institution.

Withdrawing money from LexaTrade processing time varies but averages 2-5 days. If you would like to see how LexaTrade stands up against other brokers you can read some of our LexaTrade comparisons below. We compare side by side some of our top rated LexaTrade versus comparisons.

In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility.

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ECN Style spreads offer some of the lowest spreads on the market, which are good for scalping. This can be demonstrated by the fact LexaTrade spreads are superior to LexaTrade and LexaTrade spreads who are market makers and use a dealing desk with requotes. When we compared in August 2021 forex accounts that don’t charge commission our spreads comparison found LexaTrade was competitive but Pepperstone was consistently better. Pepperstone also has superior forex trading platforms, customer service and regulation.

In this article, you will get to know everything about LexaTrade and how to use this trading platform effectively. Our introducing service runs on our clients consistent trading, for that profitability is necessary. LexaTrade get free client acquisition and you receive a partner that truly wants you to succeed at industry lowest costs. We started recruiting to LexaTrade as an Introducing broker in April 2017 and we are constantly growing rapidly in client acquisition. We are proud to deliver, in our minds, the best broker at a 30% reduced cost or 50$ trading bonus. As an official Introducing broker to LexaTrade, we offer up to 30% discount or a 50$ bonus to the clients we recruit. If you signed up and forgot to use our Refer ID you can get our promotion offer afterwards also.

The LexaTrade Raw spread account offers ECN pricing if you are using the MetaTrader Trader Platform. You find this account offers some of the tightest spreads in the online forex industry. To keep tight spreads, LexaTrade instead charge a commission of AUD $7.00 or USD $7.00 round turn. LexaTrade is the lowest fee forex broker offering a Standard and Raw Spread account.