Although the site appears intimidating because of all the content I think it is more legit. 2nd time, when I ask the same question, they told that they have their office in Mumbai. Is there any one who has earn online i.e. work from home, Housewives can earn 1400 USD, why not you. So please guide me if someone has good knowledge about online work to earn money genuinely. In two days they called me back telling me that to trade metals like Gold and Silver I need to deposit more money and they reversed the transaction of Gold and silver. I parked 150 dollors for almost an year as I wasn’t trained and then after complaining someone did called me and asked me to trade so I started trading.
If you cannot invest at least $10,000 USD into opening a FOREX account, you likely are going to get a market maker or straight-through processing account. In their disclaimers, you will see that most market maker brokers boldly relate that they will always act in their best interest, regardless of whether it coincides with your best interest. These brokers are called indices quotes market makers because they make their own markets. In other words, these firms use their assets to manipulate bids, spreads and trades within an intra-company submarket dominated by the firm’s own assets. If you type into Google in the search engine, “Forex robot” there will be hundreds of pages, a lot of companies trying to scam people in the Forex market.
Agent Mark told initially trade have 3 pip spread & after upgrading to premium a/c it will be 1 pip. But it was 5 pip for normal as well as premium a/c. I know of several friends who have filed claims running into thousands of dollars against LexaTrade for engaging them in illegal activities without even a proper notice. These sources report that LexaTrade people are not even replying to their cliam messages since last month and a half. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Forex Broker Scam Blacklist
You hire a lawyer to fight a case, a doctor for medicine but when it comes to investing, why do you assume you have the skills !!! You may like to visit a blog by prof. sangwan. i had my technical analysis lessons from him and so did punit madan. why dont you try to discover it from yourself. explore the unforgettable learning experience that LexaTrade can offer not those negative feedback that others also have.
If you and your Forex trader do the research then Forex Robots can be a positive thing. It can be a benefit to eliminate the emotional aspect of trading if you don’t eliminate the intelligence. Foreign exchange market Beware of any arrangement that does not involve careful research by experts and remember that it is not only the cost of the Forex robot at stake; your trading capital is as well.
There Are A Lot Of Scammers In This
Thanks alot dear for spreading this awareness. Today I also got the same mail as you mentioned in this blog. I have almost filled it up but when I was about to submit, thought to check about LexaTrade on google. This blog came up on 4th in the search list and I am saved from this scam. 4.Have u sent the scanned copy of ur credit card,is yes is it safe to do so.
Using this fake address and identity FIH ltd got LexaTrade registered as a trademark in year 2007 from US patents and trademark office. This can be done by hiring any common lawyer for $50 and payment of another $50 for trademark registration. This was what was done done by LexaTrade cum FIH Ltd.
What Is The LexaTrade Minimum Deposit?
Can anybody here share their experience with withdrawing profits from IronFX. I’ve just been fool not withdrawing earlier from Iron. I just like to save millions of persons from LexaTrade.Please stay away otherwise you will also blame yourself like I am suffering.This is a scam create by world currencies the person working in LexaTrade. After a week while having dinner, I overheard on the tvnews that LexaTrade was raided. She called me again, same person, that was a tuesday. I told her Im low on cash right now and will be busy on the following days so maybe she can call me a month later.
Its a great platform for treading, i forex app is very user friendly and easy to handle,m very happy to tread with i forex app. The problem lies in that the trader has to give up control of their money and hand it to someone they know little about. Hype and false success records on the scammers’ website and brochures lead people to give them their money.
This is the difference between an amateur brand and a company who has been in the market for 25 years. They thought of everything, so you can trade with peace of mind.
Now they are scared stiff as even offering such services to Indians is a crime punishable under economic offences category. These people can be booked for financing terrorism lexatrade scammers and money laundering activities also. I am of the view that all people who have a complaint against LexaTrade join hands here so that such gross criminals can be stopped.
The company has mentioned its supremacy that it has full rights to suspend or cancel the liable bonus to the traders. The mistrusted origin details have left us confused about the basic origin and registration of the company. LexaTrade has complicated its origin with 2 different web pages showing 2 different details of the same company. LexaTrade applies a $20 fee for all withdrawals via bank wires. The LexaTrade Education Package offers more courses and 1-on-1 trading.
LexaTrade Scam Broker Complaint
It was incorporated with a fake Switzerland address. Well I studied a lot into forex markets and by lot I mean really a lot. You can also share your trading experience with LexaTrade by commenting on this review. In order to start trading with LexaTrade, you have to deposit at least 100 USD. If you have invested with this broker all is not lost as we can help you to recover your investment click here to get help by doing a charge back before it’s too late. They don’t teach you how to win but instead they teach you how to lost your money. All you have to do is follow the training in this program.
Annual returns of more than 100%, for example, are without a doubt a scam. Before getting involved in forex trading, perform your lexatrade official site due diligence. Visit the Background Affiliation Status Information Center website created by the National Futures Association .
- When you do not know plumbing, electrical or any mechanical work like repairs – how did you assume you would know all about markets.
- A Forex robot can only be as smart as its creator.
- Even those brokers that are successful exaggerate their numbers to attract new clients.
- They don’t teach you how to win but instead they teach you how to lost your money.
- Besides searching the BASIC website, you can help yourself avoid a bad broker by dealing with one that also handles stock market trades.
- Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.
Considering there are too many risks involved when you trade using the LexaTrade platform, it is always important to always ask is LexaTrade a scam? While the system offers a lower initial deposit to start trading the risk of not getting paid is too high considering the difficulties that many of its users were complaining about.
Watch Out For Phony Forex Fund Managers
Though I sent my id proof again I was not able to withdraw money. Overall, there are many questions in regards to the trust of the LexaTrade company services and the manner they do operate the online trading itself. LexaTrade offers an advanced mobile platform compatible with most smartphones and tablets. For the ultimate mobile trading experience, you’re invited to download our innovative, free mobile trading apps.
They could control the platform from their side; I have experienced that all by myself. Seriously, I went back and forth with 8 different members of their support team, a new person each time. After this experiece of mine I have come to this conclusion that LexaTrade.com is certainly a scam or a fraud and if it is not a scam, then it is a cheat and liar for sure.