This is incredibly low and sets Lexatrade apart from other similar brokers. Lexatrade offers all non-European traders a range of bonuses and promotions as their way of saying ‘thank you’ for choosing them.
Our company, products and offerings have greatly evolved since but our core philosophy remains the same – continue innovating and offering our customers unique tools and conditions to trade with. Since 2001 Lexatrade has strived to offer the highest level of customer support possible with exclusive risk management tools, 24/5 customer support and conditions which help our traders. Having a helping hand when you are new to the trade is a great help That is why we focus on offering our clients the best available customer service. Do not trust our word, look what our customers say about our services. We also offer a VIP trading desk that offers analysts the personal and telephone market.
Very Easy To Use, Good For Beginners
This option is valid only on Lexatrade’ proprietary platform and needs to be activated by clicking on the “Freeze Rate” button before executing an order. It’s possible to freeze a rate multiple times, but a trader may experience small delays until the price is updated. This option of freezing a quote at a certain level for three seconds may provide a trader with a significant advantage in volatile markets or uncertain times. Our reviewers are happy to report that Lexatrade does not charge any commissions or fees on deposits and withdrawals. The company provides you with a plethora of payment methods too, including credit/debit cards, online banking, e-wallets and bank wire transfers. Since 2001, we strive to ensure that our traders receive the best possible trading conditions, products and services. Lexatrade Forex broker, previously known as easy-Forex, is a market maker broker that is located in Cyprus under the regulatory supervision of Cyprus Securities and Exchange Commission .
- In September 2020, the brokerage received FSA license in the Seychilles which allows Lexatrade to provide a wider range of services to traders outside of the EU.
- Equipped with a suite of comprehensive tools to support trading along with the tailored by the Lexatrade powerful trading conditions it is a good option to trade.
- It is regulated in markets across Europe by the IFSC, FCA, KNF, and CySec.
Please be aware that when trading derivatives, between per cent of retail investor accounts lose money when trading derivatives or spread betting. Ensure that you know how derivatives and markets operate and whether the risk can be afforded. Configuring your accounts with Lexatrade is a simple process. For its proprietary platform, all you need to do is an email address and password and you will be led directly into the platform.
Lexatrade Offers The Choice Of Two Trading Platforms
Easy Markets offers the Lexatrade platform and MetaTrader 4 forex trading top platform. Lexatrade.com offers over 60 forex currency pairs, cfds, commodities, shares, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
All of Lexatrade unique tools and features are accessible within our trading platform. This includes a financial calendar, market news, trading charts and trading signals. For trading costs, we check to see if the broker offers a rebate on the commissions that you pay. Some brokers as a way of rewarding their clients’ loyalty offer rebates on the commission paid by their clients. In other words, the more the trader trades, the more he will get back in terms of rebates. Considering this, our reviews show that FOREX.com is the better broker for beginner traders as it offers a larger range of educational tools and materials. Are you trying to figure out which is a better broker, FOREX.com or Lexatrade?
Trading Features Of Lexatrade
This article will take you through one such broker known as Lexatrade. You can read this Lexatrade review before start trading with it & get detailed information like features, regulation, pros, cons & more. Lexatrade offers you multiple platforms to trade, this offers clients a high level of choice. No matter which you prefer, it will always include Lexatrade great trading conditions and amazing customer support. The broker offers three core trading accounts called Raw Spread , Raw Spread and a Standard Account . Spreads start from zero pips on the Raw Spread accounts with commission-payable. The Standard Account offers commission-free trading with spreads from just one pip.
Traders can switch to a demo account by shifting the Live/Demo toggle at the bottom of the hamburger menu — both on desktop and mobile. By 2015, the company officially offered over 200 markets in a variety of asset classes. Easy Markets also supports the popular Metatrader4 product line. This enables traders to employ their preferred “Expert Advisor” and still enjoy rapid execution without re-quotes or slippage. Easy Markets Broker has scooped over 40 international awards provided by industry watchers for its services and platforms. Market News provides the latest market news and trading insights from expert financial analysts such as FxWirePro and FXStreet. Because your profit and loss will be the pip movement multiplied by the size of your position.
Unlike other trading options with high risk, forex trading is a 24 hours business, which enables traders to trade all day long from anywhere in the world and benefit from price fluctuations in foreign currencies. Moreover, the high levels of liquidity and leverage have attracted investors from all walks of life to forex trading. Lexatrade offers some of the most competitive trading conditions in the industry. These conditions allow our clients to manage their exposure effectively, know their bottom line and be viable on the markets. Our spreads never change during trading hours ensuring maximum price transparency.
The broker has expanded its reach to more than 120 different countries, having been a prominent player in the US, European, Australia, and Asian financial markets for many years. Lexatrade is a licensed online broker that allows Forex and CFD trading through its proprietary trading platform. Investors can also trade with a variety of asset classes, including indices, shares, commodities, precious metals, and cryptocurrencies. More so, its innovative business model provides one safe trading conditions for investors in the events of high risk market volatility and events of international economic crises. Forex trading has improved the lives of many, if not all, by providing them with numerous investment opportunities to increase their wealth.
Nonetheless, the resources available to traders, as well as the account perks on offer, are highly competitive. Spreads might not generally be the most compelling on the market, but that’s why their premium and VIP accounts are so alluring. Overall, Lexatrade is a safe, lexatrade forex broker trustworthy platform that has something to offer beginner and veteran traders alike. Currently based in Cyrpus, Lexatrade has since expanded beyond forex to offer more than 200 assets for fixed spread trading, including CFDs, shares, cryptocurrencies, and commodities.
What Are The Features Of Lexatrade For Todays Modern Trader?
I don’t know if I’m allowed to share the links on here but you can contact them if you are finding it very difficult to withdraw your funds at, Scamrecoverysite at fastservice dot com All thanks to them. Trading GlossaryYou can learn trading glossary terms that will help you to understand terms and abbreviations used in the analysis, market news, and price charts. Lexatrade has an extensive range of tradable assets, which include more than 200 instruments and 150 currency pairs. The availability of these assets, however, varies with the jurisdiction. Following is the breakdown of those instruments to simplify your asset selection. We are one of the highest rated brokers on TrustPilot, as voted by our traders. FOREX is an abbreviation for Foreign Exchange because it exchanges one currency for another one from a different country.
There are several precious metal derivatives like CFDs and futures. The seller of the contract agrees to sell and deliver a commodity at a set quantity, quality, and price at a given delivery date, while the buyer agrees to pay for this lexatrade website purchase. Contact Summitrecoup Dtcm to help recover all your scammed funds. Got all my funds recovered after weeks of getting in touch with them… over $256,850 recovered after my trust wallet account was being hacked and manipulated.
No matter what happens during a trade you can rest assured that your account balance will never go below zero. This choice lexatrade forex brokers reviews of financial investment professionals due to its ability to hedge trades, while limiting maximum risk exposure.
If your balance drops below the margin requirements, Lexatrade commits to close your trades when your account reaches zero. The guaranteed negative balance protects traders from unforeseen drops in their orders during high volatility moments. Freeze Rate allows a trader to freeze live prices for a few seconds and carry out trades at that frozen price. When the price on the market shifts in the brief period, Lexatrade will execute your order placed at the frozen rate.
Lexatrade was founded as a forex trading platform back in 2001, and since than has become one of the most established and experienced trading platforms on the market. Our detailed Lexatrade Review will explain what it’s like to trade with this broker from Europe. Lexatrade is a market maker and profits directly from its traders’ losses. With 74% operating accounts at a loss, the cash flow remains substantial. The market news section is a financial news feed, which can be found inside the MT4 trading platform.