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. Whether a beginner or an experienced trader, the XCritical mobile app is a great way to enhance your trading experience. It is regulated by the International Financial Market Relations Regulation Centre, making it a reliable broker in the forex market. The broker offers different types of accounts to its clients for better trading experience.
Perhaps we’re being too harsh since if you know what you’re looking for, you’ll find it. We wouldn’t be surprised if entry-level traders couldn’t find their way around and simply decided to use another brokerage. LexaTrade learning is an interactive educational feature that aims to help novice traders to understand and learn about the market. Our in-depth and unbiased reviews help investors in choosing the best broker according to their investing needs. Thus, LexaTrade guides investors before they start investing through their educational resources.
Which Trading platforms are offered by LexaTrade?
They may ask you for more and more money and never return a single penny of your earnings. The dropdown https://cryptolisting.org/blog/how-do-the-current-ratio-and-quick-ratio-differ menus have vague names, and as such, the categories inside them seem almost arbitrary.
- The insurance covers upto 100% of total loss on all trades opened on the deposit day.
- LexaTrade offers tight spreads which ensures competitive trading costs.
- That being said, they are very new at the time of this review, so there is time for improvement.
- Information about withdrawals is missing and this should be addressed by LexaTrade.
- After pursuing this review and reading other negative LexaTrade reviews, it is clear that this broker is a scam.
Live chat support was available at the time of our visit but a bit slow to answer. The minimum deposit is $250 and the available methods are Visa, CryptoWallet and e-Payouts; the processing time is not specified. Information about withdrawals is missing and this should be addressed by LexaTrade. Of course, we cannot vouch for the accuracy of the signals but it’s a nice addition. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client. LexaTrade is a newly launched, regulated broker that offers CFD trading on currencies, cryptocurrencies, indices, and commodities.
Platforms
Fill out the application form with your personal information, including your name, mobile number, email address, and a secure password. Here you get assistance perceiving a scam broker before you are excessively profound into it. At whatever point you are in question about any dealer, the best practice is to let the asset recuperation experts help you.
xCrictical Mobile App
A deposit match isn’t inherently a bad thing, but it’s commonly used by malicious brokerages. A web-based proprietary platform is offered by LexaTrade, such as MetaTrader4 and LexaTrade
app – xCritical Mobile App. While the platform offers a considerable service, we still advise to choose among legit brokers like InvestFw. 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.
LexaTrade Review: Promotions, Bonuses & Offers
They offer appealing returns that may look promising and attractive and make you invest in that plan. Of course, the broker has options for downloadable terminals, web platforms, and mobile apps. Again, as we said earlier in our Lexatrade review, the broker doesn’t do anything that sets off alarms.
It opened just earlier this year and has attracted a good bit of attention as such. In our Lexatrade review, we’ll look at how beneficial it is for customers compared to other options. Yes, the broker offers trading services across the globe with a focus on countries like India, South Africa and most of Asian countries. The broker has a low user rating of 2.1, which clearly shows the platform’s low credibility. While looking for the platform on Trustpilot, we went through many complaints, which indicate LexaTrade is a scam.
Fund and Account Security
Even for the higher accounts, the spreads are wider than those from other brokerages that require similar price points. As we said earlier in our Lexatrade review, it offers a competitive trading experience, but it gets overshadowed by better companies. As the platform is not worth considering, I was looking for the best alternative, and after researching for days, the most recommended broker I found was InvestFw.
