Founded in 2013, LexaTrade is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission . LexaTrade caters to traders from over 213 countries, including Malaysia, Singapore, India, and the Philippines. The LexaTrade platform is being tweaked and improved on a continuous basis — and always using feedback from our traders. We are always working on ways to ensure LexaTrade is quick, accurate and easy to use. If a Filipino citizen has reached the age of 18, he can become a client of the company, and this procedure will take 4-6 minutes. The success of the company was made possible thanks to responsible work and a large number of advantages that a trader receives after registration. But the paradox is that today the site is one of the most popular in the world.
Does LexaTrade accept mpesa?
Does LexaTrade accept M-Pesa? Yes, LexaTrade accepts M-Pesa for deposits and withdrawals. In order to make a deposit via this mobile money system, you have to open an LexaTrade free account.
Withdrawal request processing usually takes one business day for credit cards and bank wire transfers. Withdrawals made via e-wallets can be processed in a few hours.
LexaTrade houses a special platform for trading competitions among clients outside EEA. LexaTrade offers over 250 tradable assets covering forex , stocks , commodities , ETFs , Options , and cryptocurrencies . In terms of regulatory certification, LexaTrade is licensed and regulated by the Cyprus Securities and Exchange Commission .
Which Binary Trading App Is Best?
The international Forex currency market is a legal tool for trading speculation. The exchange is open in almost all countries of the world, including the Philippines. Moreover, LexaTrade also legally operates in the country. Therefore, Philippine traders can earn on Forex stably and legally. If a Philippine client wants to get more, he can purchase a premium account.
Friendly customer support to provide advice and help with their trades. Low entry deposits so they can start trading with minimum costs. When all these features are combined it creates the best environment for binary options trading. So, let’s say you are interested in binary options trading, and there is a burning desire to try yourself as a trader.
I Already Know What The Binary Is, How Can I Start Trading?
The new client of the LexaTrade site gets access to a huge number of opportunities and various assets. The platform offers to start making money on stocks of companies, cryptocurrency, currency pairs, Forex investment, precious metals, and raw materials. More than 300 options are available, and each client can choose the most convenient way to make a profit. For those of you who are wondering about banking compatibility, you’ll be pleased to know that LexaTrade accepts an array of financial payment systems. LexaTrade is a widely popular online trading services provider that has braced the ranks of top brokers for years. It offers quality services and competitive trading conditions that attract both beginning and professional traders. It holds a European license under the CySEC and also complies with the MiFID regulations, guaranteeing that it is safe and reliable.
An options trading demo account is a powerful tool to understand how the market works. It is also great for practicing trading because users can refill the virtual account for free as much as needed. You will have to look up several brokers and compare them to whether you find the best binary options platform. That’s a better time for you to spend trading and earn. This is why we’ve created that article checked by the binary options broker. In the event that you make some unacceptable forecast, you lose all the cash that you contributed. The system isn’t exactly unique in relation to different types of ventures, similar to stock exchanging or forex.
According to statistics for 2019, the number of LexaTrade users has exceeded 40 million people, and the total annual volume of transactions is more than $3.5 billion. Moreover, the company continues to grow and progress, and a large number of advantages help it win the competition for the client. To maintain its leading position as one of the best broker on the market, LexaTrade focuses on providing quality trading conditions. One of the spaces where LexaTrade in Malaysia has become a well-known decision is in binary options trading.
This platform has a user-friendly interface that features a large chart for easy maneuvering and spotting of market opportunities. Unlike most binary capable platforms, this offers a wide range of advanced tools and indicators that are very useful in everyday trading. Some of these are Bollinger Bands, Moving averages, RSI, and MACD. The LexaTrade platform is available in web browsers and iOS. It is one of the fastest growing online trading brands in the world with over 48,000 registered users and more than one million transactions a day.
The Principles Of The Broker The LexaTrade
On the pages of our blog, we have already mentioned a very interesting financial instrument — binary options. Today, there will be a bit of specifics — where and how investment for beginners it can be used, for the benefit of yourself and your wallet. Jerome’s life was changed by this system and he starts to earn money in a very simple but effective way.
Who owns LexaTrade?
The broker was founded in 2013, operated by LexaTrade Ltd. The development of LexaTrade has been exponential and it has been the largest trading site in the world with 1 million trades a day and 48 million active users. LexaTrade is based on Cyprus, and regulated by CySEC (Cyprus Securities and Exchange Commission).
RaceOption stands out from the crowd due to their outstanding trading platform. There will be no dearth of trade opportunities for state-of-the-art technologies and applications. RaceOption requires a minimum deposit of $250, and a minimum exchange size of $1, making it ideal for new traders. You should also take advantage of bargains, campaigns Swing trading and promotions. Everyone who trades in stocks is satisfied with an average 10% return. You will double the trading investment in a few minutes with binary options trading. LexaTrade is a global brand for forex trading that offers over 250 financial assets in Options, Forex, Stocks, Cryptocurrency, Commodities, Indices, and ETFs.
The commission fee for cryptocurrency trading is 2.9% while other financial markets have zero commissions. Swap fees or overnight funding fees range from 0.1%-0.5%. The broker charges an inactivity fee for accounts that are inactive for 3 months with $31. Designated as a CIF , LexaTrade is run and owned by LexaTrade Europe Ltd since 2013 that is headquartered in Cyprus. According to its official site, LexaTrade has over 48 million registered users across 213 countries worldwide. Moreover, the broker claims to have over 1.3 million worth of monthly trading volume. The firm has 79 specialists comprising its multilingual client support team that is available 24/7.
The trading option is available immediately after registration. A trader can open a demo account and get 10,000 virtual dollars. Now he can train and work out binary options strategies without the risk of losing his funds. But to trade for real money and make investments strategy a profit, you need to replenish your account. The company works with banking systems , electronic wallets and Blockchain, so you can choose the option that is best for you. The high efficient returns earned per transaction are one of their strengths.
- In addition to these options, the LexaTrade provides the opportunity to trade OTC social contracts during the weekend, when all exchanges close.
- You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
- I had always admired other people in the city with this car, and never imagined I could buy one myself.” said by Fernandez quoted by the business insider.
- Unlike most binary capable platforms, this offers a wide range of advanced tools and indicators that are very useful in everyday trading.
- Withdrawal requests processing usually takes one business day for credit cards and bank wire transfer.
- To withdraw your money, you need to use the same payment method you used to deposit funds.
If Forex is an independent foreign exchange market, and LexaTrade is a quality broker, then why should I become a client of the service? Because the minimum transaction size here is $1 million, and the average amount is more than 10 million. LexaTrade Company offers special leverage that allows you to trade Forex to any client. The desire for financial independence is the main reason why people become customers of LexaTrade. After all, here the profit on a successful transaction from binary options brings 70-80%. Moreover, there are professional Filipino traders who can conclude several transactions per day, increasing the bank by two or three times. Our easy to use platform helps to get started and is intuitive.
Available Trading Types And Payouts
The bulk of instruments you will perform will be protected by these three types of binary choices. There are different number of body parts and underlying properties . You are able to forecast the price of an asset, such as stock or product (i.e. until it expires). #3 – Follow pricing patterns If the price lexatrade scam of gold is rising so avoid buying any gold bet. When IBM’s share price declines, don’t believe a purchasing pressure is going to magically materialise and drive the price upward. This is a perfect technique in day trading for picking patterns. By short betting against a market, you are asking for trouble.
LexaTrades Europe Ltd. owns and operates LexaTrade which was established in 2013 in Cyprus. LexaTrade is a firm licensed to provide financial scammed by lexatrade services to clients from the European Economic Area. Moreover, LexaTrade is regulated under the Cyprus Securities Exchange Commission .
With a variety of tradable assets plus a low minimum deposit, LexaTrade is a good try for any trader. The broker charges no deposit and withdrawal fees except for bank transfers.
Along with its hands-on support available for free to help users with training and advice. Traders can take advantage of the live market updates and indicators available to them as well. All this permits novice traders to build strategies for binary options trading. Perhaps the most useful and most convenient binary options broker for the novice trader is the LexaTrade platform. The broker is owned by Alta Vista Trading Limited, which, like most brokers, has been registered in Cyprus since 2013. However, the main office of the corporation is located in London. The most popular platform LexaTrade acquired in 2013 due to its scanty minimum deposit, free demo account, and high transaction income.
From 2013 to 2020, the LexaTrade customer base has grown from several thousand to 40 million users.
More so, the LexaTrade Trading App was recognized as the best one in the financial category in 2017. The broker also hosts a number of research and educational materials to aid traders in making sound trading bets. To switch between accounts, go to the trade room and choose either a Practice or Real Account. There are more than two hundred states on the planet, and each of them has a currency. To carry out transactions between countries and the possibility of direct currency transfers, the Forex market was created. It is said that the quickest ways to achieve wealth are always illegal. Therefore, a local trader can achieve financial independence quickly and legally.