You agree that all actions on the service are performed only on your behalf and our Company is your representative when performing any financial transactions. You acknowledge that all responsibility for the transaction lies solely on you. We offer the Client Islamic Forex accounts, the terms of which are somewhat different and correspond to Islamic religious principles.
Identity Theft and Online Security
After creating a Customer Account and before processing a request for withdrawal of funds, the Company may ask the Customer to fill in certain tax documents. If the Client is unable to provide documents within sixty (60) days, the Company will be forced to restrict the Client’s access to their service. By using the services of the Company, you agree to accept all the conditions that the Company edits or updates in this agreement. By continuing to trade on the platform, you accept these terms and agree to future changes. All amendments made to the agreement will take effect ten (10) days after they are first posted on the site.
Online Media and Business
Started with $250 USD and they keep showing profits and entice you to invest more and more. Then when it comes to returning the money they will disappear. Especially would tell people not to trust their finance team. They will go to https://forexbroker-listing.com/ any lengths including selling their family members to get your money. Ask them to share their contact details and all official addresses before proceeding with any future investments. They are not allowing me to withdraw my money.
LexaTrade – Almost Got All Funds Stuck
You must inform the Company in the event of a breach of your account security. You do not have the right to the account of other individuals or legal entities without their permission. The Client gets access to the Service immediately after confirming his personal email address. Use of the Service is restricted to persons residing in the United States of America, Canada, Turkey and Japan.
- The client accepts the fact that all transactions are at high risk.
- These reviews may indicate issues with the company’s products, services, or customer support.
- On the other hand, the majority of traders don’t need Expert Advisors, scripts and the (sometimes) stuffy interface of Meta Trader.
- With this agreement you confirm that you are familiar with and understand that the figures may differ from those presented in the primary market.
Unreliable Trader
By agreeing to the terms of this agreement, you acknowledge that all information provided by you when opening an account is true and accurate. You agree to update or add the necessary information in case of its change or request by the Company. We reserve the right to delete or deactivate your account, block your email or IP address, or take other measures to prevent you from using the Service. Provided you have informed the company, you can complete the usage of the service on your own accord. Completion of the use of the service is tantamount to meeting all other terms of the contract. In accordance with these terms and conditions, you acknowledge that we are not responsible for any losses incurred by you or a third party in the event of termination of the right of use.
Engaging in foreign exchange trading entails inherent risks. Prior to making any investment, we highly advise you to thoroughly review our Terms and Conditions. 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 lexatrade are Visa, CryptoWallet and e-Payouts; the processing time is not specified. Information about withdrawals is missing and this should be addressed by LexaTrade. The Gold account comes with the web version of MT4, while Platinum and VIP accounts give you access to the full MT4 client.
This is a Scam firm.
The provisions of Islam prohibit any business transaction in which it must pay or receive a certain percentage from the other party. Islamic accounts are swap-free and should be used exclusively by Muslims for religious reasons. Lexatrade protects their ownership data, a common and legal practice. However, from our perspective, this lack of transparency can impede trust and accountability, which are essential for establishing a credible and respected business entity. The domain name of this website has been registered several years ago.
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. This does seem like a friendly broker, but I am not sure it’s the best choice for a total beginner, simply because the lowest deposit to open an account is $250. It goes against our guidelines to offer incentives for reviews.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. A full listing of data contributors is available in Appendices A3 and A4. Non-government organizations that contribute reports do not have access to Sentinel reports, as access is limited to law enforcement agencies. The company does not provide delivery of physical currency. All profits or losses are stored in the Customer’s personal account, after the deposit and until withdrawal.
The terms and conditions of bonus working out are specified in this Agreement. Withdrawing bonuses and incomes is only possible when the volume of trade is reached. There is no time limit to achieve the required volume of trade. The Bonus for Replenishment is provided by the Company when customers deposit funds into their account.
The owning/operating company is Swissone Group Ltd, located in St. Vincent and the Grenadines and registered with the IFMRRC – Certificate TSRF RU 0395 AA V0165. The information on Forex-mag.com does not serve as an investment or trading recommendation. The server operator Almina Corp as is not a registered broker, investment advisor or broker. Don’t trust them awful company they froze my account and demanding for $100k to release the account and money in it.
To avail of the services, you should declare that you are not a citizen of the aforementioned countries. Our website is designed to be user-friendly, accessible, and absolutely free for everyone to use. Our rating system is open and honest, ensuring unbiased evaluations for all businesses on the platform. Claim your listing for free to respond to reviews, update your profile and manage your listing. I have no words to express how I felt about the deception and denial to release my money from this company.
That being said, caution should be used anytime money is involved, with all brokers, old or new. 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. I fell into their trap one or two years back. I deposited $250 they gave me a bonus of $3.50. Later they said that the amount was too low for a trade so I left the money there only to find later that the money has disappeared.
Kingsley Cole, A young and brilliant guy, called me and gave me the details via skype video call, email and normal call, I adhere to what he told me and I am experiencing it in a positive way. I still have a personal relationship with Kingsley Cole. The client is obliged to make a deposit to his trading account in order to be able to make transactions. To make a deposit, all possible forms of payment indicated on the Company’s service are provided. The company can change the form of the deposit without prior explanation. I have been working with Lexatrade since the summer and have withdrawn money 3 times during this time.
One person Mr. Benny , whenever deposit he called me.. I came to know that he met with an accident.. ( whether it is true or not i dont know ) but no other answering me..
For a smaller or starting website a low ranking can be considered normal. All they care about is asking money from you no matter what is your condition. They will continue to pester you to deposit more and more money, once you deposit enough money it will start despairing slowly on the platform.
The charges are higher compared to the platform we have reviewed so far. The spreads vary on the account type and the instrument traders trade in. Moving forward with this LexaTrade review, we will further discuss the platform’s fees, platforms and account types. If you’ve been following our Lexatrade review, you’ve likely noticed that the broker takes a step forward and a step back. The case with its funding is much of the same, as there are some things that look good.