We also examined financial platforms available on the website. The broker supports all the traditional, as well as alternative payment methods, which makes lexatrade courses scam it easy for all sorts of users to make deposits/withdrawals with their own platforms. And what’s more, none of the transactions have commissions.
The Crypto Scam list is compiled via direct reporting. If you require more information regarding crypto fraud or if you would like to report a scam. Parrella received the offer in the mail in December of 2017 after deactivating his account. The proposal included a letter signed by Sirius CEO James E. Meyer. The ad in question touted Sirius’ “biggest, best offer EVER” with the three year, $99 bargain. The wording on the Sirius ad described the offer as 82% off the standard rate of $15.99/month.
LexaTrade partners with numerous liquidity providers to significantly limit the risk of illiquidity. In volatile market conditions, LexaTrade will execute orders at the market price that is the best available. Those who want to trade even larger quantities with market orders have two options. You can place the trade by phone or divide the order into several smaller ones.
Vbotrade.com is a BIG SCAM. Have lost a lot of money there. They have people on Instagram and Telegram who are trying to make you invest with big profits promises.
For this purpose, fundamental analysis or technical analysis can be used. In the following section, we would like to give you a guide to trading with Forex Broker LexaTrade. In the picture below you can see the order mask of the Metatrader. There are many different settings options for trade execution. The following points will tell you how the typical trading process works. Any timeframe of the chart can be set for the analysis.
It truly is one of the most blatant examples of a shady company. Heard all the excuses, but the best was when I asked very pointedly, why it takes so long for a simple cancellation. I was told that sirius LexaTrade has a new computer system, and that’s the reason……( Oh sure…liar) We all need to become town criers to get the word out to the general public on just how sleazy sirius LexaTrade is. Perhaps we can shame them into running a more respectable business. I may have thrown in the F word a few times….The guy said it was cancelled but I’ll believe that when I see my next credit card statement. As soon as I hung up from the guy they called back using a different number and it was one of the people who had put me on hold a few calls ago. After reading these posts I was a little concerned about the time and effort it would take to cancel my Sirius subscription (and my wife’s).
What To Do If You Were Scammed
But there are other evidence that can help you decide is LexaTrade a scam. The broker realizes that its clients will be from all over the place with different experience backgrounds, that’s why it offers four live, as well as one demo account. This way, everyone can try their luck in trading Forex, stocks, and other securities offered on the platform. LexaTrade also offers the ability to trade standard or micro lots, and the same execution quality across account types. There are free and regular intra-day market updates plus technical analysis. There is also multilingual customer support plus Personal Account Managers.
Neither my parents nor I own a 2017 Lincoln MKZ Hybrid, and I don’t live in Florida, nor have I ever signed up for SiriusLexaTrade, trial or otherwise. They argue for 20 to 30 minutes, then pass you to the next rep and it all starts over.
In this review, we’ll also talk about the pieces of trading software. Currently, LexaTrade supports both MetaTrader 4 and MetaTrader 5, two of the most popular and widely-used platforms on the market. Both of them are available on desktop, as well as WebTrader mode, offering lots of different features and functionalities to indices quotes the users. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation.
There is also the ability to place trades via the telephone for those who prefer this method. LexaTrade gives clients the ability to trade more than 1,000 instruments across seven asset classes. These include forex, individual stocks, precious metals, commodities, cryptocurrencies, energies, and equity indices. As previously mentioned, most of the account types available on LexaTrade are offered as Islamic accounts. Islamic or swap-free accounts do not have any rollover or swap interest for overnight positions. LexaTrade can also help clients create custom-tailored accounts for trading forex.
Accounts And Funding
In short, the software execution on this platform is as premium as the broker claims. With MT4 and MT5, this is a much smaller possibility because these platforms are open lexatrade scammers to the world. Users constantly go in and out of the platform; they check every corner of it, therefore, they’d be able to instantly detect any type of fraudulent activity.
A state court complaint filed by Jeffrey Parrella claims that Sirius LexaTrade offered three years of service for $99. A customer service representative who took Parella’s call said she could only provide one year for $60. We all have to aware people that scams are real they should become aware of fundamental points found in the scam website. Since most people use PayPal, therefore, we decided to write the points you have to follow to claim our money in PayPal.
The terms of trading in leveraged financial products are, in my experience and tests, very good and competitive. LexaTrade relies on several different account types, which give a trader excellent conditions, depending on the capital strength. Spreads can start at 0.0 pips on the most traded markets. In addition, the execution is very reliable and there are 100% no requotes. The goal is to give the customer a very fair and reliable offer for investing in international financial markets.
- If you have forgotten the password of your real trading account, please click here to reset it.
- Whether long-term or short-term hands, the Metatrader always delivers the right settings.
- A scam broker simply cannot last that long, not even close.
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- They had the wrong car attached to our account so they had to spend forever “correcting” that.
- At the expiration date, any open positions in the contract must close; anyone wishing to keep a position in the underlying instrument needs to open a position in the next expiration contract.
We then moved to the account packages and found four live, as well as one demo account. This further improved the LexaTrade rating in our eyes by proving that the broker does think about its clients, both experienced and novice.
The free bonus the site will give you with no deposit required. For anyone else reading this who has been affected – please get in touch. For anyone else who thinks about trading short term international currency trading – avoid LexaTradeFX. The more you should be confident with LexaTrade because the company has been in the business more than 15 years, with good accreditation and regulations by government. Contact the company you used to send the money and tell them it was a fraudulent transaction. They call, email, and send us text messages trying to get our money or our sensitive personal information — like our Social Security number or account numbers. Here’s what to do if you paid someone you think is a scammer or gave them your personal information.
Um, hello, if I am paying for a service I can get for free , why would I only want some channels and not all? I explained this to the rep who said he couldn’t do anything for me, so he put me through to a manager. Suddenly, she had a deal for $131 for the premium subscription plan, which was still more than my mom and neighbor were paying, so I protested. I waited forever to put the unit in my car and set up service, but when I finally did, I was shocked to learn that they wanted over $200 for a yearly subscription to all their available channels. Natalie February 23, 2020 I was told that I had a free 1 year trial at a mazda dealership. In attempting to redeem, Sirius LexaTrade stated I must pay. At the end of the year, They auto enrolled me at $24.98 per month for 6 months then increased another $2.
100 percent of orders are executed, with an impressive 99.35 percent executed within a second. LexaTrade also gives clients access to fractional pip pricing. This allows for the best prices from the LexaTrade liquidity providers. There are 57 forex pairs available, including majors, minors, and exotics. You can view all the specific instruments available for trading on the individual asset pages. LexaTrade also takes steps to adapt to changing client needs as they become more demanding and sophisticated.
I say (because I’m done with them at this point), please just refund the credit charge in full. She refunds $195 of the $200 charge (she says – yet to be confirmed). No they charged my card without telling me and when I called to cancel they would only refund me 21$ not the full $ 26.70 that the got to charge me.