LexaTrade Review

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LexaTrade Review

Seven new cryptocurrencies are available in 2020, including EOS, Stellar, Tezos, Ethereum Classic, Chainlink, Augur, and 0x. The material does not contain investment advice or an investment recommendation,or, forex brokers an offer of or solicitation for, a transaction in any financial instrument. Stocks, currency and other commodities and instruments will be purchased by LexaTrade even if no buyer is lined up.

These advantages are what sets LexaTrade apart from all other online brokers. You need to check all the benefits listed so you have a better understanding of LexaTrade.

LexaTrade reviews

You can use closing pending orders, filtering, trailing stops, and stop-loss/take profit to exit the stealth, account, and symbols. In addition to the other MetaTrader platforms available for LexaTrade clients, there is a MetaTrader Master Edition. This Master Edition is available for free for LexaTrade clients and is a unique offering. You can find hundreds more from the Code Base and the Market. There are also 44 analytical objects, such as various channels, Gann, Elliott tools, Fibonacci tools, and geometric shapes. There are also highly customizable charts that include 21 time frames. This lets you customize the appearance of graphical objects and indicators.

Is The Quality Of Customer Service Satisfactory?

This is a big selling point for Swiss investors who might otherwise not be comfortable trading with a broker who isn’t hosted and regulated in Switzerland. In short – for those living in Switzerland looking for an established and Swiss regulated platform, LexaTrade are a great choice. Hello, Thank you for taking time to share feedback about our company. We are delighted to read that you keep good memory of your time with us and the projects you helped us build.

Remember, LexaTrade is exclusively for those who are enthusiastic about establishing a career in the financial markets. The high-quality qualities it offers will capture your heart, and you will totally enjoy your trading venture with it. The customer care service must never be compromised while looking for a qualified broker, lexatrade cheating and this is one area where you should never cut corners. Consider the scenario in which you are trading electronically, and you encounter an issue while you are selling or buying an asset or if you aren’t sure which step you should take next. You will seek assistance from the support department of your firm, right?

LexaTrade reviews

Newbie traders may find this as an ideal learning tool for chart pattern trading. LexaTrade’s chart pattern recognition leading-edge software allows traders to save time by analysing the most popular chart patterns.

Is LexaTrade A Market Leading Broker?

A large percentage of retail investor accounts lose money when trading CFDs with this provider. LexaTrade offers a range of platforms for traders to choose from. These include their own “Advanced Trader” and both MetaTrader 4 and MetaTrader 5. It works seamlessly with LexaTrade to give access to deep liquidity as well as quick trade execution. It is specifically designed for more experienced traders who want the latest tech and features.

LexaTrade reviews

LexaTrade have a team of expert analysts and researcher who conduct live daily and weekly market reports. These exclusive market insights can be used as part of an overall technical and fundamental analysis. MT5 has support for fully automated trading by using expert advisors or copy trading from the many signal providers there are to choose from within the MQL community. The built-in editor can be used to develop and back-test your own strategies in the multi-currency strategy tester with tick data. The marketplace has a large selection of EAs, some of which are freely available and some which require a fee. We are delighted to learn about your interest in our services and products. We have also forwarded your feedback to the responsible team.

Markets, Products, And Instruments

Assets available on LexaTrade include Forex, Social Trading. It has the capabilities of recognising emerging and completed trade setups and will send you alerts when it finds them.

LexaTrade reviews

Customers may trade with peace of mind since the business is held to high ethical, security, and transparency standards. LexaTrade bank is an excellent choice for traders who need a multi-asset solution since it provides access to various exchange-traded sides.

Trading Features

For the UK entity, investor protection is up to £85,000 per account. The live chat feature is best used for very basic issues. Multiple languages are offered by LexaTrade customer support. There is currently no 24/7 support, with these lines being open from 8 AM until 10 PM CET from Monday to Friday. There are ways to customize the experience to your needs, as well as having a number of different languages. There are just four different order types on offer; limit, market, stop and stop limit. There are no inactivity fees in place when using LexaTrade and you can utilize the robo-advisory service if you wish, with the fee being quite high, starting at 0.6% annually.

LexaTrade reviews

These are determined by the activities you undertake on your accounts. They are billed lexatrade forex broker for operations like depositing money, not investing for long periods, or withdrawals.

What You Will Need To Open An Account With LexaTrade

InvestingHero does not provide any investment advice, we only help you to find the best broker for your needs. LexaTrade are licensed and regulated in Switzerland and hold a Swiss banking licence. They are also listed on the Swiss stock exchange meaning they have to submit various financial and legal documentation to the authorities on a regular basis. These all support the case of LexaTrade being a legitimate and regulated broker to trade with. There are LexaTrade four different trading accounts optimized according to the trader type and can be either private or B2B accounts.

LexaTrade reviews

The platforms, fees and product range vary considerably, depending on which of the above you choose. LexaTrade’s clients are retail and professional individuals as well as asset managers and other financial institutions. The research is regularly updated and is available through a variety of mediums including articles, videos and podcasts.

  • And when we compare LexaTrade with other Swiss brokers, these fees are actually on the low side.
  • Pulse is displayed as a feed and supports mobile push notifications.
  • If you want a serious broker with serious regulation and the best safety of funds this is the spot.
  • A Demo account allows traders to trade in a simulated, risk-free trading environment with virtual money, at no profits or losses.
  • LexaTrade offers an impressive array of 15 different currencies.
  • Access your LexaTrade MetaTrader 5 accounts from any web browser.

LexaTrade’s expat account offers online services that give you access to quick and easy local and international payments, along with superior foreign exchange services. From basic offshore banking such as payments, to trading multi-asset classes globally, their expat account provides online access to the management of client assets. LexaTrade Group is known as Switzerland’s leading provider of online trading and is listed on the Swiss stock exchange. Funds can be deposited into a trading account via bank wire transfer, Visa or MasterCard. From our observations, LexaTrade Bank provides a comprehensive and highly competitive trading offering. Clients can choose from three commission-free trading accounts accessing over 130+ markets covering Forex, Indices, Metals, Commodities and Bonds, in addition to 46 FX Options.

The primary factor why you should consider opting for LexaTrade is the extensive expertise of its workforce. This broker has made no compromises in its pursuit of one of the greatest teams of seasoned traders that have been operating in the market for several years now. These experienced consultants assist LexaTrade in learning about the challenges that young traders experience and LexaTrade makes an effort to address such issues. The LexaTrade team does not operate in a constrained setting, which allows employees to experiment with different ideas and incorporate them into the brokerage firm. This additionally assists the company in customizing its marketplace to meet the specific demands of consumers. LexaTrade offers you everything you will possibly want from your brokerage firm.

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