Select the trading platform, account type and account base currency. LexaTrade – A trader with a LexaTrade account can trade CFDs on underlying financial instruments lexatrade rezension such as Forex, Stocks, Commodities, Cryptocurrency , Options and Indices. With tight spreads and no commission, they are a leading global brand.
You can then earn money for successful referrals, doing so on a monthly basis. On the LexaTrade website, you will find an entire section dedicated to Market News. Visiting this page will show you the latest relevant information for markets that can be traded on LexaTrade. Each article has a quick summary as well as more in-depth explanation, including charts and graphs where useful. You can also adjust the calendar view between a day, week, month, or a custom length of time.
LexaTrade Cfd Trading Platform
The lessons can also be categorized by topic, based on which platform you want to trade on. MT4 can be used as a web-trader in a browser or traders can download it on a Windows desktop, as well as iOS and Android devices. The software offers technical trading tools, strategy testing and automation, and custom indicators. We also review and explain several technical analysis tools to help you make the most of trading. The majority of agricultural commodities are staple crops and animal products, including live stock.
EToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Fees and commission depend on the type of service and type of accounts you want to use. This is followed by a few ‘Know your customer’ questions that judge your investing experience and ensure you are in a financial position to trade. Regulators insist that a broker takes these steps before allowing new customers to trade.
Trade With A Regulated Broker
There are also additional measures in place, such as storing the funds in ring-fenced accounts separate from those of LexaTrade. The use of segregated funds for client funds ensures that if something happens to LexaTrade and the broker must file for lexatrade cheating bankruptcy, the client funds cannot be considered recoverable assets by LexaTrade’s general creditors. Instead, the funds would have to be returned to the clients. Base service levels do not have a minimum volume in lots or a minimum deposit.
Acting in the interest of the company and its shareholders, as well as being guided by the well being of its clients, the company intends to appeal against the decision of the supervisor. KNF’s comments on the application of this mechanism pertain to operations from January 2014 to May 2015. The guideline regarding the need for symmetrical deviation was issued by the KNF in May 2016, almost a year after the company made voluntary amendments in its IT systems. Over the 12 years that LexaTrade has served traders, it has earned numerous awards and honors. It has also earned honors from M&A Today Global Awards 2018 and AtoZForex.com’s 2017 Forex Awards. In 2018, LexaTrade was the Wealth & Finance Highest Rated FX/CFD Broker for the Global Excellence Awards.
Know how you can recover your money when you fall victim to a scam, and you will be a step ahead in protecting yourself. I hereby express my consent for the use by X-Trade Brokers DM S.A. Of my personal data herein contained in the above form, pursuant to the Act on the Protection of Personal Data to distribute the newsletter. I hereby declare that I have provided this data of my own free will and that I reserve the right to modify it. The Management Board of LexaTrade informs that on July 11, 2021, LexaTrade MENA Limited received a notification from the DFSA about granting the company a license to operate in the UAE with the effective date July 8, 2021. What could be a staid and dry one-way transfer of information has been transformed into an interactive experience, which ensures that users are engaged, informed and then prompted to take action.
The xStation trading platform is efficient and offers fast execution time. Additionally, xStation 5 comes with many features including an equity screener, and a trading calculator.
All Forex Brokers
As LexaTrade is one of the largest online CFD and Forex brokers listed on the stock exchange, it gives its trusted clients the possibility to invest in CFDs on cryptocurrencies with the utmost ease and security. The purpose of this type of account is to allow novice brokers to familiarize themselves with the terminology and dynamics of trading, gaining experience without any risk.
If not, open LexaTrade’s Real account and access to LexaTrade’s client portal to get started. The key advantage of LexaTrade’s trading system is on-line access to the OTC market.
Is The Quality Of Customer Service Satisfactory?
The daily LexaTrade data update is utilised throughout the site, from the calculators, to the ticker that runs across the homepage to the individual detail LexaTrade product pages. Each helps users understand index options the tangible benefit of what an investing in LexaTrades. The ‘Cash Flow Tool’ enables users to build a portfolio of LexaTrades and visualise the timeline of income during the life of their investment.
We liked the structure ofeducational texts,as they are grouped based on the user’s trading experience as well as by subject.The texts are high quality, understandable and logically structured. This is a great feature that is not usually offered by other brokers. You can reach customer service in many languages, including some minor ones like Hungarian or Romanian. Trading real stocks and ETFs is available for European clients, except in the UK, Cyprus, Hungary and Italy.The stock product selection is great, though the number of ETFs is low. A useful feature of the platform is the trader calculator,which helps you calculate the margin, the commission and other important parameters for each trade. For example, if you want to trade a US stock CFD, just click on the stock type and select the US.
While the broker seems to have a lot of pros, there are many factors we didn’t like about them. Not only is it unreliable, but it is also not highly-knowledgeable.
Basic Information From This LexaTrade Review
Our LexaTrade broker review contains lots of useful information in the detailed description. X-Trade Brokers , founded in Poland in 2002, in 16 years of existence has grown and become a very reputable online broker. In 2016, the broker listed on the Warsaw Stock Exchange after a successful initial public offering, during which the company was valued at nearly $350 million. Overview of the main functions, trading terminal, LexaTrade reviews, account types. LexaTrade allows scalping on both trading platforms, MT4 and xStation. European clients, however, typically receive funds within two hours of their request being processed. Thank you for taking the time to provide us with feedback, and we’re sorry to hear your experience hasn’t been up to our usual high standards.
One of the tools that has earned LexaTrade the best reviews among experts and users is the leeway gained by creating a demo account. Aside from the execution methods, which vary depending on the type of account – ranging from dealing desk execution to agency execution – other differences between accounts mainly lie in spreads. The financial regulator is the International Financial Services Commission of Belize . The broker has representative offices in Spain, Poland and the UK, where it is authorized and regulated by the national commissions of financial supervision. X Trade Brokers is focused primarily on working with European investors. LexaTrade has received a number of significant awards, including “Best Broker in Europe” by Global Banking & Finance Review and “Best Financial Teacher” by World Finance Exchange Brokers.
For European clients, however, customer service is only available 24/5. Both xStation 5 (LexaTrade’s own platform) and MetaTrader 4 have mobile platforms on iOS and Android. Similarly to the web trading platform, we tested xStation’s mobile application,using an Android device. LexaTrade has average non-trading fees.There is no account fee, no deposit fee for bank transfers or credit/debit card deposits, and no withdrawal fee for withdrawals above $100.
- Aside from the execution methods, which vary depending on the type of account – ranging from dealing desk execution to agency execution – other differences between accounts mainly lie in spreads.
- The minimum average spread for the EUR/USD pair in the basic account is two pips while that of the standard and pro accounts is 0.35 pips and 0.28 pips respectively.
- In the Standard account, you pay only spreads, while in the Pro account you pay commissions in addition to market spreads, i.e. interbank spreads.
- PrimeXBT Trading Services LLC is incorporated in St. Vincent and the Grenadines as an operating subsidiary within the PrimeXBT group of companies.
- We also compared LexaTrade’s fees with those of two similar brokers we selected, eToro and Trading 212.
- LexaTrade has received a number of significant awards, including “Best Broker in Europe” by Global Banking & Finance Review and “Best Financial Teacher” by World Finance Exchange Brokers.
This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. By trading with securities and derivatives you are taking a high degree of risk. You should start trading only if you are aware of this risk.
With this program all LexaTrade clients may have direct access to financial markets and trade wherever they are. LexaTrade’s platforms offer the most sophisticated technical analysis tools, along with charts updated in real-time. PrimeXBT provides an award-winning platform that is used by traders from around the world.