# 5 Best Forex Broker In India ++ Comparison & Test

Lexatrade also offers an Islamic/Swap-Free option for Muslim clients, but only on the Basic and Black or VIP accounts. The company provides trades in over 400 different assets and markets with shares available from the German Stock Exchange as well as the American Stock Exchange. Leverage, in the highly competitive world of forex trading, can either work for or against a trader. Classic Account – spreads from 1.5 pips EUR/USD and commissions of $2 on indices and 0.15% on shares per round, per lot. Lastly, the Daily Videos give traders insight into how to approach researching marketing opportunities and trader psychology. We particularly recommend the Daily Market Preview, conducted by Lexatrade’ Head of Investment Research, Marshall Gittler. All analytical material, including webinars and forecasting reports, is available free of charge, and most of the video content is uploaded to YouTube.

Lexatrade forex broker

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Should you need assistance, the FxPro customer service team is available 24/5 and supports 17 languages.

Opening An Account

Demo accounts are free of capital risk so demo account holders don’t have to go through the high risk of losing because of low deposits. For the demo account, you need to register and contact your account manager in order to have demo funds added.

Lexatrade forex broker

All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. In addition, the company runs an active blog and community of traders, which allows sharing the user experience to get better knowledge about the capital, markets, and trading itself.

Best Zulutrade Forex Brokers

Lexatrade was established in 2012 and has since grown to have over a million clients worldwide. Trading is available in more than 1000 instruments, across forex, commodities, shares, indices, cryptocurrencies and ETFs. Lexatrade offers trading in a wide range of assets via its beginner friendly web and mobile platforms, as well as offering the popular MetaTrader platform. Please contact us directly at for more information regarding the spreads of your account and our Team will be able to assist you further. To receive a more comprehensive response regarding your question, please contact us at to provide and our team will be happy to assist you further.

  • For making deposits there is the option of a wire transfer, which could take between 2 and 7 days to be credited to an account.There are also credit cards, which can take up to 10 minutes.
  • All withdrawal requests are processed internally within 24 hours.
  • Over 200 videos are in the expanding library, allowing traders to learn at their own pace.
  • The broker provides 24/5 market news coverage through daily and weekly reviews as well as quarterly outlooks, video briefs and special reports.
  • One of the fastest brokers in terms of processing of withdrawals.

A brief overview is never enough though when you’re looking at whether to set up an account with a broker, so let’s go into some more detail about what Lexatrade has to offer. Lexatrade trading platform is as legal as any other trading platform, in fact, its higher regulation makes it more much more secure from illegal handling of trade. Lexatrade maintains the security of funds along with client protection in multiple ways that ensure a safe trading environment and investors’ legal compliance. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Hi Luc, we are sorry to hear that you are having issues with withdrawals.

We want you to succeed and are here to help you on every step of your trading journey. National Futures Association is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives lexatrade rezension markets, protect investors and ensure Members meet their regulatory responsibilities. Am very upset about my experience and i will not recommend anyone to go to Lexatrade and I am still shocked the traders advised me to trade with over 50% of my balance, I have had the worst experience ever. They Lure customers to deposit large sum of money and make them loose for their own benefit.

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The analysis quality is world-class and will be of value to both technical and fundamental traders. Lexatrade offers a comprehensive Trading Academy for those looking for structured courses. The Trading Academy is split into beginner, intermediate and advanced sections, though in truth, the advanced section is more suited to those with intermediate knowledge. Perhaps the better and more advanced educational material from Lexatrade comes in the form of weekly strategy webinars and frequent live seminars held at Lexatrade’ local offices around the world. Lexatrade’ range of financial instruments for CFD trading , include Forex, share, metals, commodities, cryptocurrencies, and indices. Autochartist is one of the best technical analysis tools on the market, and Lexatrade does well to offer this tool to its clients.

Lexatrade offers traders access to over 50 Forex pairs, more than 5 commodities, 140+ equities, 20+ Cryptocurrencies, and 10+ Indices. A platform can be a multi-asset one, lexatrade forex broker which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies.

There are more than 24 languages available, and overall it’s an easy-to-use, clean platform that you can access quickly and efficiently on any device. Lexatrade LLC, is registered with the US National Futures Association. BDS Markets holds an Investment Dealer license issued by the Financial Services Commission of Mauritius.

The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. There is no indication on Lexatrade’ website that it offers any bonuses or competitions to its clients. The cost of trading depends on different factors like commissions, spreads, and margins. Raw Account – $5 on all forex pairs, $2 on all indices, and 0.15% on all shares per round, per lot traded.

The Lexatrade mobile trading app is covered in more detail in the video review. This broker appeared on the online market in 2010 and offers a great service package to its customers. The broker is registered with power house CySEC which is a very popular license among many brokers. The CySEC license provides access to all EU markets and is even acknowledged wider. Cyprus has been very desirable as a Forex destination since 2004 when Cyprus joined the EU. CySEC tightened the leash and implemented stricter policies, but the island country remained a tax haven which has been attracting Forex magnates ever since. To hold a CySEC license, brokers are subject to the MiDF directive on capital markets which dictates the rules in the market.

The Lexatrade Premium Account Offers Ultra Low Spreads And Flexible Leverage With An Initial Deposit Of $ 100

Founded in 2012, Lexatrade is a responsible and well-regulated broker with a large international customer base. It offers trading on multiple instruments, including Forex, commodities, shares, indices, and over 26 cryptocurrencies, which is a much wider range than is available at other brokers. Sadly, although the trading conditions and Lexatrade are amazing for traders, their reputation isn’t great. On ForexPeaceArmy they only have 1.5/5 stars, which is fairly worrying. There are numerous complaints from traders around the world of unfair conditions, withdrawals being held and a lack of support from the company. Of course we cannot verify whether these reviews are true or not. Yes, after registering your account with account details, a Practice Account from Lexatrade with a $10,000 initial deposit is available to test the Lexatrade WebTrader platform, MetaTrader 4, and MetaTrader (MT4/MT5), or mobile app.

Lexatrade forex broker

Each broker had the opportunity to complete an in-depth data profile and provide executive time for an annual update meeting. Customers will have all the available resources they need to make educated trading decisions. The company focuses on providing user-friendly trading options to investors across the spectrum. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Trading Conditions At Lexatrade

IQ Option is not only a hit in India; it’s a pretty significant player internationally as well. Since its formation in 2013 has consistently met with critical acclaim as an honest broker in the world of forex brokerage. You should consider whether you can afford to take the high risk of losing your money. If Lexatrade’s website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge. One of the first things a potential trader needs to establish is whether a broker like Lexatrade is safe to trade with. One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions.

Lexatrade forex broker

There are many resources, including video tutorials and email newsletters, to help you get up to speed as quickly as possible. And it’s not just novice forex traders that will find the educational content useful. Veterans of the forex markets will, too, as it’s good to revisit basics and refresh your knowledge regularly.

Lexatrade has heavily regulated broker service with Swiss banking licenses thus restricting the freedoms of investors to move about freely. Video courses, analysis videos, and insightful webinars, hosted by Lexatrade’ professional analysts and traders. The trade types can be broken down into Forex Cryptocurrencies CFDs, Trading lexatrade cheating Software, and Features Lexatrade Payouts will vary based on the performance of the underlying asset. Lexatrade team mainstays at the popular choice of MetaTrader4 platform offer software solutions, which is a comprehensive trading feature. The platform for Forex trading, however, is different and is much more advanced.

Its fairly basic but its one I’ve personally used for years and come to be pretty familiar with so its always good to know that the broker can offer the standard platforms that most people are used to. You will also access useful information with market alerts, trading information, and analysis through its established Lexatrade Blog, which is definitely good and necessary for any trader, especially beginners. Proper education guarantees a client will be able to review data online in a better way before investing. Having any money you deposit with Lexatrade means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes Foreign exchange reserves even if Lexatrade goes out of business for some reason. Having a reliable and capable broker is crucial to your success in online trading.