These sources report that LexaTrade people are not even replying to their cliam messages since stock exchange last month and a half. Let me introduce you with one of such brokers LexaTrade.com.

Now they are scared stiff as even offering such services to Indians is a crime punishable under economic offences category. These people can be booked for financing terrorism and money laundering activities also. I am of the view that all people who have a complaint against LexaTrade join hands here so that such gross criminals can be stopped. Imagine forex news today they are operating their website for Indians ,with little bother about law, with great impunity even today. Want to see what a certain financial instrument has been up to in the recent hours, days, weeks or years? The charts on the LexaTrade trading platform are provided by a leading third-party company and feature historical and current market rates.

  • The charts on the LexaTrade trading platform are provided by a leading third-party company and feature historical and current market rates.
  • Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice.
  • LexaTrade has been my broker for over a year now.
  • Each unique learning guide is easy-to-read and is very applicable for traders from every single experience level.
  • Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.
  • And When I was making huge profits I was not able to close my deals on their platform.

And When I was making huge profits I was not able to close my deals on their platform. I wondered to myself, if all this exists in an artificial environment.

Additionally, they provide users with video lessons and free one-on-one personal training. Founded in 1996, LexaTrade is brokers providing liquidity to a wide range of traders.

Just tried redgistering and depositing some money. as soon as I did I was hit by 7 transactions. the best forex brokers card was hacked through there platform my card had to be cancelled immediately causing issues.

Foreign exchange, precious metals and over-the-counter contracts are leveraged products, which have high risks and may lead to losses of your investment principal. The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn’t ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. „All bullshit…everything lie and fake…LexaTrade dupes people of their money. I do not doubt if everything above is written by LexaTrade people themselves. I just read your information above on LexaTrade. Main issue is, if you have no idea what Forex Trading is about, offcourse you will loose money!!

Forex Online Webinars

All reviews represent only their author’s opinion, which is not necessarily based on the real facts. LexaTrade is recommended fro trading because you can get your money back easily.

LexaTrade cheating

Registration and initial trading transactions running smoothly but subsequently experienced many distractions. So many requirements that must be fulfilled client as well as they makes client reluctant to join them and a lot of clients who have left this broker. Customer support is also not responding trader’s complaints seriously and swiftly.

LexaTrade Instruments

All information in this best Forex trading Fraud, Scam and cheating tutorial in Urdu and Hindi by Tani Forex. For more information about Forex trading scamming education tutorial for beginners must watch below lexatrade forex brokers reviews video tutorial or join us on You tube. You can also share your trading experience with LexaTrade by commenting on this review. Please let me know if you have any other reliable trading company to trade.

Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click ‚Complaints ‚and ‚Correction‘ to inform us. We will check lexatrade official site immediately and release the results. The use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

I have been trading with LexaTrade for six months, and those six months have suffered. I was trading in some currencies EUR/USD and GBP/USD. But, all the money I earned in those six months is gone when I was about to withdraw it. I have sent a withdrawal request, and this broker canceled all my profits. They said I did some suspicious activity while trading.

LexaTrade cheating

At present, the number of LexaTrade Company clients is more than tens of thousands traders around the world. Founded in 1996, LexaTrade is a group of online trading companies with intuitive & user-friendly trading platforms. They offer Forex & CFDs in commodities, shares, indices, ETFs, & cryptocurrency. You will be redirected to the next page where you can read and agree to the Trading Agreement and then fill in the Captcha Code. Thereafter you will see your Username and Password. Click on the “Login” button to enter the trading platform.

Wikifx Vs Octafx

The online trading platform is open for use 24/7. However, when trading in certain markets, restrictions may apply. Information regarding changes to the standard hours can be found in the ‘Holidays’ section in the Trading Conditions page.

The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here. As there is nothing linking my account with the Trading account as it happens with share trading, that is the reason i am not transferring. Thanks for being of help, I sincerely hope you receive the amount which you have invested. Also please do try using their panel in which money withdraw option is present- I hope that would be of some help.

LexaTrade cheating

They have no regulation, so you cannot even lodge a complaint against LexaTrade. All you can do is vent your frustrating and anger of losing your money to LexaTrade by reviewing them.

LexaTrade Reviews And Comments

It turned out that the size of their leverage is sufficient to enjoy steady gains. The main thing is that I feel secure with this broker. It didn’t do suspicious things to my account, so I don’t associate it with cheating as well as other illegal stuff. Review on LexaTrade (LexaTrade.com) – Well it has been reviewed by a lot of victim investors who lost their money to LexaTrade frauds. You do a google search and you will find scores of reviews clearly mentioning that they are fraud and cheating investors.

They could control the platform from their side; I have experienced that all by myself. Seriously, I went back and forth with 8 different members of their support team, a new person each time. After this experiece of mine I have come to this conclusion that LexaTrade.com is certainly a scam or a fraud and if it is not a scam, then it is a cheat and liar for sure. The most important tool online traders need is an innovative, user-friendly trading platform. It enables traders to access global markets, take advantage of market opportunities and better manage risks. The exclusive LexaTrade trading platform was developed in-house, based on our 23 years of market experience and an extensive understanding of modern traders’ needs. What I like the most in LexaTrade is the stable platform.

With fixed spreads, you can trade conveniently in volatile sessions. Fixed spreads are another thing I like in this broker. They can even be used for scalping, although they are not the tightest ones. Their main virtue is that they never widen and it’s especially good when facing high volatility. If you have ever traded with floating spreads in volatile sessions, you should understand what I mean. There are a lot of trading tools for technical analysis and it is possible to work on the news, because the company prepares a lot of ready-to-use information for free.

For the past nine months, I have never encountered any drastic lags while trading. The platform runs smoothly and the order execution is fast. It is also very productive to trade at this broker because they offer a wide range of trading instruments. As for the withdrawal, I requested for $100 last week and it was transferred to my bank account on the next day. So my orders became profitable, till now I’ve earned 150 dollars. I was able to withdraw all of my profits via Skrill account within four hours. So I say forex is a profitable and reliable broker from my experience.

In addition, LexaTrade offers online trading education, 1-on-1 training and video tutorials, as well as technical and customer support in multiple languages. They are targeting small time and uneducated people through small towns of India. Their aim is to grab the whole deposit from you because it all goes in their pockets. they are financial criminals and we need to WARN everybody not to deposit any money with them and withdraw whatever they have NOW. LexaTrade’s European company is regulated by the first level of regulatory agencies, CySEC in Cyprus, relatively strict regulation of forex broker, so the safety of customer funds can be guaranteed. Investors should pay special attention to whether their accounts are opened under the supervision of CySEC in Cyprus.

I Like This Brokerage Service With Fixed Spreads Service Use: Livelength Of Use: 3

Spreads are relatively competitive but there is no discount offered for large trading volumes. Spreads on major currency pairs, such as the EUR/USD, start from 1 pip. LexaTrade offers a proprietary trading platform, rather than using a third-party interface such as MT4 or MT5. The web-based platform is designed for use on both desktop and mobile devices. I liked to trade with this broker and over time I changed my mind as to this broker.

There are also short video tutorials that briefly explain some of the important aspects of trading, including candlestick patterns and support and resistance levels. They can help traders refresh their memories on such topics. LexaTrade web-based platform is geared to suit the needs of traders who like to always access a variety of trading and charting features on their trading computers. The platform needs no downloading and installation, and it can work on any standard web browser, such as Google Chrome, Firefox, and Safari. It comes with the 128-bit secure SSL environment and firewall access management. » Visit Review 69% of retail CFD accounts lose money. Yes, LexaTrade offers users the option to trade on desktop or mobile devices.