LexaTrade Broker: Is this a scam or good forex broker?

The most commonly used trick that scammers follow is offering a high bonus. They offer appealing returns that may look promising and attractive and make you invest in that plan. And if you’re unfamiliar with what IFMRRC is, we don’t blame you.

LexaTrade User Reviews

I kept writing to them requesting a refund, and they tell me that I have already withdrawn the amount for refund, and they will no longer accept any messages from me. I lost contact with the department and I didn’t receive my refund. The scam broker manipulates its graph and if you beat him, he closes your account… At first, I was enticed by their bonus after investing about $30,000, but my excitement quickly turned to frustration when I tried to withdraw my money. My misplaced cash of roughly $180k was found and recovered. I had my trading money unloaded by a broker who for three months refused to give me access to my trading account, and I had no idea that I would be able to recover it.

They have cheated 100s of their clients by washing out their accounts. I lost 31K USD in less than 20 days and there are many who lost a lot of money. I refused to give up and kept searching for a recovery expert on Reddit and Quora until I saw good reviews about who helped me recover my funds. There are also other newbie-baiting features, such as the bonus that Lexatrade offers. A deposit match isn’t inherently a bad thing, but it’s commonly used by malicious brokerages.

LexaTrade Review: is it a good broker or a scam broker?

Dowmarkets is an emerging brokerage site that traders old and new have to watch out for. Trust is a major issue when it comes to these companies because, as I mentioned above, you will have to fund an account with them, so your money will be in their possession. If the brokerage is legit, then you have nothing to worry about, because you can withdraw at any time or use that money for trading and make a profit.

We offer favorable terms that allow you to take control of your money. Simple trading features and modern high-speed trading platform. Personal manager for Autochartist market analysis technology.

LexaTrade Scam Indicators: Pros and Cons Recap

Russell Tech Support, who earned a reputation as a licensed binary options recovery specialist, is a technician I would really like to thank. Your broker manager is recommending that you make further deposits before making a withdrawal if you have money in your account that you intend to take out. Please get in touch with Russell Tech Support recovery using the information below if you are unsure how to proceed.

After probing on Dowmarket’s background and legitimacy as a broker, let’s now look into its offerings and account types they have along with the trading conditions they come with. We take everything we just talked about into consideration and translate it into a number anywhere between 0-10. These numbers are also based on client’s opinion, so it’s not only us you can trust but also traders like yourself. For more information regarding each and every broker, click on the brokers’ name. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition.

1. The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader.
2. However, the Dowmarktets site did stipulate neither the date when it was established nor its headquarters’ location.
3. It doesn’t do anything to stand out, and the vast majority of traders can easily find an option that’s both more lexatrade comfortable and more powerful.
4. This information is not intended to endorse any particular medication.
5. I kept writing to them requesting a refund, and they tell me that I have already withdrawn the amount for refund, and they will no longer accept any messages from me.
6. Traders who have reached this state have more points, trade without restrictions on the number of transactions, have access to funds, and have the opportunity to defer payment.

Forex Trading

This ensures that the trader can take into account the most insignificant prices and get a high level of volatility. They are best in assisting victims in receiving reimbursement, tracking down digital fingerprints, cyber analysis and thorough investigation. Pocket option blocked my trading account with $17.580 without any good reason. They said I have multiple accounts, but I have only one account and I couldn’t take out my money. I was doing research on how to get help and I came across mustangggrc@ gmail.

LexaTrade Forex broker offers the xCritical platform for trading, which is easy to navigate and very user-friendly and familiar to many MetaTrader 4 traders. The platform looks clean and organized, with links that make it easy to find what you are looking for. It should be noted that, in general, the LexaTrade platform is best suited for those who have online trading knowledge of various backgrounds. This is due to the fact that the platform offers a complete set of modern trading tools, which in reality can scare beginner traders.

The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. All early signs show that LexaTrade is not a scam but keep in mind this is a very new CFD broker. This is not the case with LexaTrade and thus far we consider this CFD broker a reliable partner for your trading needs. However, much information regarding the same is unavailable on its website. The deposits are processed instantly, while withdrawal may take up to 3-5 business days.

Also, this broker is connected with the semi-automated trading platform Cryptodroid which is one of the most beloved software in the trading realm. To know both sides of the equation and understand the nature of this trading solution, continue reading this unbiased post. All Scam Reports Team advises the user to avoid investing here, as we have found that the LexaTrade broker is suspicious, and operating without any legal license.

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1. So the regulation may impose negligible limits on the broker while generating a false sense of confidence for potential customers.
2. However, we can’t neglect the fact that $100,000 is a hefty sum and isn’t something anyone can reach.
3. LexaTrade provides access to economic calendars and news on its homepage.
4. Grow Line is a fraud companyWhole team are fraud, kaniz Mirza, Naira Singh, Rahul Sonkar etc…

I invested about $67,000 into this platform with the aim of diversifying my trading portfolio. They helped me recover my lost coin which was taken from me by those frauds. Please refrain from investing with Cashfx and read reviews. I kindly ask anyone who reads this review not to invest on this platform. Lexatrade.com has a rating of 2.7 stars lexatrade reviews from 30 reviews, indicating that most customers are generally dissatisfied with their purchases.

I deposited EUR on bonomo platform and after 1 month of trading i’ve got EUR. So far so good but when times to withdraw it comes they told me that I have to verify my account. The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users. Later they said that the amount was too low for a trade so I left the money there only to find later that the money has disappeared.