LexaTrade First Deposit Bonus

Traders can properly diversify portfolios and take advantage of trading opportunities across the global financial spectrum. LexaTrade provides the same CFD account to all traders, while a professional account is available if two of three requirements are fulfilled. The company has an Israeli branch regulated by the Israel Securities Administration. LexaTrade’s consistent focus on innovation, best-in-class user experience, and breadth of the offerings are the key elements of the increasing activity of Active Customers on the Trading Platform. The company is also an Authorised Financial Services Provider in South Africa, and is listed on the London Stock Exchange’s Main Market for Listed Companies, and headquartered in Haifa.

Not only is LexaTrade AU regulated by the Australian regulator, but they also have an office located in Clarence St, Sydney with local support. The one feature clients will lose is the automatic stop out if the maintenance margin falls below 50%.

What Is The Minimum Deposit For LexaTrade?

Both your potential profit and your potential loss increase when you apply leverage. With each security you can immediately see what the maximum leverage is that you can apply. The option to speculate on a declining price is a major advantage within the LexaTrade platform. The option to short sell increases your flexibility and makes it possible to react to different market situations. With each security you will see the overnight funding buy and the overnight funding sell costs. In some cases, you actually receive a premium for short positions.

I was worried for my registration, but the people from the support were very helpful. It’s not the best platform, so if you want advice, there’s a thread for beginning investors. Not sure if these are available where you’re at but I would check out the robinhood app, scottrade, etrade, fidelity and maybe even an account through Barclays. As a final point in this LexaTrade review, let’s quickly discuss the actual processes of registration and usage of the CFD trading site. LexaTrade does actually have some rather straightforward fees – they are considered to be a “market spread” on this particular platform.

To open a position on LexaTrade, sign up / log in / to your account and click on the “Trade” tab. Select the instrument you want to trade, click Buy/Sell, and your position will be opened. index options Choose the position size, view the initial margin required and the overall value of the trade. LexaTradeUK Ltd is authorised and regulated by the Financial Conduct Authority .

In addition, all clients’ accounts are protected with Negative balance protection, means customers cannot lose more than the funds they have on their account. More details you may verify through the regulators’ official website. LexaTrade considered secure not a scam due to its eligible status to offer Contracts for Difference CFD trading and various underlying products through the application of the strictest guidelines. Meaning trading experience and performance offered by LexaTrade is fully legit and set according to safety rules applied by world known and respected regulatory bodies. In 2016, the Israeli operating subsidiary of the company, LexaTradeIL Ltd. was one of a small number of companies to be granted a Trading Arena Licence by the Israeli Security Authority . In that same year, LexaTrade released an app for Apple Watch to trade and view account details directly from Apple’s wearable. Please consider our PDS, FSG, Risk Disclosure Notice and our Terms and Conditions before using our services.

Apply To Deactivate The Company

I’m already struggling to figure out a technical issue with a serious broker, but the lack of communication is professional misconduct. We are sorry to see that you are not satisfied with our dynamic spread. We do follow the market as it is and if the spread gets bigger on the market, ours will get bigger as well. We do however also provide instruments with a fixed spread which may be more suitable for you.

Other prestigious authorities like the Financial Conduct Authority in the United Kingdom, also regulate the broker. LexaTrade is regarded as safe due to its eligibility to provide Contracts for Difference trading and various underlying products while adhering to the tightest regulations. That is to say, the trading experience and results provided by LexaTrade are entirely legal and regulated by internationally recognized and renowned regulatory organizations. In recent years, the preservation of privacy in our global village is now a scary possibility.

In his spare time, he watches Australian Rules Football and invests on global markets. With LexaTrade you can actively trade CFDs on all known shares and cryptocurrencies by using the user-friendly software. You also have the opportunity to respond to changing market conditions by placing orders on both rising and falling prices. It is recommended to contact customer service via live chat. You can use the live chat button within the LexaTrade WebTrader. By using the live chat, your problems can be solved almost immediately. When you trade in Forex, you speculate on price changes in currency pairs.

LexaTrade Review South Africa

CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved before trading. The design is good and the mobile verification of my passport was quite fast. Professional support and excellent fast and simple lexatrade broker reviews explanations to my quires. @el_kholed @LexaTrade @euizaiassousa LexaTrade banned my account and openly wrote that they would not give me an official reason. Someone claimed it was because I sold a call option CFD without a hedge but City Index let me do that with no problem.

LexaTrade Group sets the goal of becoming the world’s #1 CFD trading company. LexaTrade Group expands its international portfolio by offering over a 1000 different stocks from a wide range of global markets. LexaTrade is the highest rated CFD trading app on Apple’s App Store. Being the no.1 global CFD provider while continuing to lead in technology and innovation, and attracting new and existing customers. LexaTrade is an industry leader within the CFD sector in mobile innovation and customer satisfaction. LexaTrade is one of the highest rated CFD trading apps on Apple’s App Store and Google Play as it is understandable yet powerful in its many advanced features.

My Favorite Trading Platform

While bitcoin is the most popular crypt currency today, there are others. The LexaTrade broker allows you to invest safely in cryptomonies in order to generate profits when you open an account. Here, we show you the different crypto currencies in which we can invest in LexaTrade. In this guide, we will go over how to trade on LexaTrade lexatrade scammers and use the LexaTrade Software. We will go over how to open and close positions, where to find instruments, how to use the risk management tools, and more. Clients of LexaTrade in the United Kingdom should be aware of some differences compared to LexaTrade international. The minimum deposit differs depending on the deposit method.

See the comparison to other CFD brokers and their account based currencies. According to the particular jurisdiction of the LexaTrade you will be asked to provide the documentation to prove your identity or some additional information. Once done, you will then be able to transfer money to your live account and start trading instantly. In 2021, LexaTrade named Professor Jacob Frenkel, former Chairman of J.P. Morgan Chase International and former governor of the bank of Israel as its new Chairman. Also in 2021, LexaTrade signed a deal to acquire Cunningham Commodities LLC. In addition, in June 2021, LexaTrade’s new research and development (“R&D”) center was opened in Tel Aviv, Israel.

LexaTrade User Experience And Feedback

Learn about financial terms, types of investments, trading strategies and more. LexaTrade saw a decline in short interest in the month of July. As of July 30th, there was short interest totaling 2,000 shares, a decline of 84.6% from the July 15th total of 13,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 20.0 days. In the past three months, LexaTrade insiders have not sold or bought any company stock. BrokerChooser.com does not provide any investment advice, we only help you to find the best broker for your needs. It is useful that you receive a notification within the LexaTrade software when interesting developments take place.

• After you have left this information, you can immediately start trading.
• The length of this process depends on your personal situation and can be different for each costumer.
• Now you can start trading on LexaTrade’s Web Trader, and start earning the “TPoints” required to get the First Deposit Bonus.
• By looking at the positions other traders take, you can see whether there are more buyers or sellers.
• You will need a fast trading platform with rapid trade execution if you plan to earn a huge amount of money trading digital currency.
• Even seeing the platform for the first time you get around quickly, as simple to navigate and analyze interface will definitely compliment your strategy.

The next item on the list, after cryptocurrency and stocks, is forex. The currency market is enormous when considering goods, market capitalization, and investment volumes.

This platform comes with a wide variety of effective tools to help you manage the risks involved in trading. Some of these tools are important like the Close at Profit or Loss tool.