The platform also offers customizable charting, allowing users to tailor the charts based on different timeframes. A classic choice, particularly in Forex trading, the MT4 platform has garnered trust from seasoned traders ever since its launch in 2005. There are 170 trading instruments on the platform, among them the most popular stocks and indices, precious metals and energy products. After defining your working portfolio, you can add favorite tools to your favorites, where a convenient working system was specially designed for users of the platform. For your convenient and effective trading, we have developed and implemented a new online platform. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.

It offers signals and pattern recognition and is generally regarded as a reliable tool but of course there are no guarantees that it will be profitable. On the other hand, the majority of traders don’t https://cryptolisting.org/blog/in-a-bank-reconciliation-what-occurs-to-the-excellent-checks-of-the-earlier-month need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader. Besides, LexaTrade’s Web platform offers all the tools that can turn a skilled trader into a profitable trader.

PLATINUM ACCOUNT

Overall, LexaTrade is committed to providing exceptional speed, functionality, and profitability to ensure a convenient and user-friendly trading experience for all its users. Overall this is a promising broker but a few tweaks here and there would make it a better one. Lower deposits, more information about deposits and withdrawals, a basic FAQ, and a demo account are just a few adjustments that would go a long way and would make LexaTrade a higher-tier broker. That being said, they are very new at the time of this review, so there is time for improvement. LexaTrade offers several trading instruments to choose from, with high leverage and low spreads for high liquidity and profits. XCritical’s trading platform quickly gained popularity thanks to its innovative features that expanded our traders’ capabilities.

• The only extra worth mentioning is the Autochartist which is available right on the trading platform and is free of charge.
• Even Though the regulation of brokers is not refined, the reviews of the broker online are satisfactory.
• Trade and invest freely from anywhere on the planet with LexaTrade online platform using high-tech functionality, speed and profitability of the terminal.

We uphold our commitment to precision through rigorous data validation and consultations with industry experts. Please be assured that our dedication to delivering unbiased assessments, exhaustive scrutiny, and well-informed perspectives remains resolute. Investing in commodities can be a great way to diversify your portfolio and achieve long-term gains.

What is the maximum deposit required for an account on LexTrade?

Thus, LexaTrade guides investors before they start investing through their educational resources. Deposits are processed immediately, ensuring that you have access to your funds whenever you need them for trading. However, withdrawals may take a bit longer, usually about 3-5 business days to process. Lexatrade has developed an online training program for traders that takes students from their first deal to consistent results in the market. Webinars with experts, video lessons, and training materials have been selected and grouped according to the student’s level of competence.

Attention to clients

The broker even partners with reliable and trusted international banking institutions while steering their corporate funds. Trade and invest freely from anywhere on the planet with LexaTrade online platform using high-tech functionality, speed and profitability of the terminal. It lowers risk diversification as well by investing in the basket of different stocks of various companies and sectors. It offers a diverse range of payment options ranging from bank wire transfers to credit/debit cards, from Skrill to Neteller. There is no fee to open an account and the fees for deposits and withdrawals are not specified anywhere on the website. There is no mention of an inactivity fee but we cannot guarantee that you won’t be charged one.

Should I Open An Account With LexaTrade?

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. We aim to equip you with an array of objective appraisals, insightful commentary, and meticulous analysis.

Sign up to start earning on the online platform:

LexaTrade is a reliable broker that provides exceptional speed, functionality, and profitability. The platform is designed to offer a convenient and user-friendly trading experience, with excellent terminals that make trading profitable while minimizing risks. With over 170 trading instruments, various tools, and timely risk management features, the platform ensures a high-quality trading experience overall. XCritical mobile app offers an easy-to-use interface, traders can access their trading account on the go, without any hassle. They can open positions, execute trades quickly, and monitor their account balance from anywhere, at any time.

It’s important to carefully consider options before making any investments, and LexaTrade is a trusted broker that can help you navigate this process. With their 24-hour client service team, you can get the support you need whenever you need it. Fill out the application form with your personal information, including your name, mobile number, email address, and a secure password. Lexatrade ensures high-grade security measures for all the services it provides, to secure client’s funds. Our in-depth and unbiased reviews help investors in choosing the best broker according to their investing needs.

The website is translated in 6 languages, the platform is relatively easy to use and offers all the features needed by an average trader. A mobile platform is available but Demo accounts are not; US traders are not accepted. Unfortunately LexaTrade doesn’t offer a lot of information about withdrawals but according to the website, a representative will contact you to complete the processing, which takes up to 24 working hours. The methods for deposit are Visa, CryptoWallet and e-Payouts and we assume the same methods will be used for withdrawals, although LexaTrade doesn’t mention this specifically. The overall structure of the accounts at LexaTrade is too expensive in my opinion and putting a $10,000 barrier between the trader and MT4 means that the majority of clients will not use this platform. On the other hand, the Web platform offered for the minimum account is quite enough for the average trader, so maybe that’s not a deal breaker.