Depending on the asset categories, you can set plenty of advanced filter parameters, such as rating, sector, risk, analyst recommendation, market cap, etc. If you trade stocks, the eTradingplatform is most probably the best for you. Both the UK and the Swiss entity’s clients can only use bank transfers for withdrawal. You can only deposit money from accounts that are in your name. There is also a high custody fee, which is charged after the securities you hold. The fee is 0.025% of total assets per quarter, with a CHF 15 minimum and CHF 50 maximum. Trading on margin basically means that you borrow money from your broker so you can purchase more shares than you could with just the available cash in your account.

This page may not include all available products, all companies or all services. Should you ever need any support, please do not hesitate to contact directly our customer service. We are sorry to hear that some of our services did not satisfy your expectations. We take our clients’ requests serious and are glad for any suggestions on how to improve our services. Your feedback is gathered and presented regularly to responsible team, which decides on the realization of the issue.

You can see historical earnings per share and company calendars. To set email or mobile notifications, you have to add your email address and your mobile MetaQuotes ID (it can be found in the MT4 app’s settings). You can set alerts and notifications in the form of email, push notifications to mobile, or notification to the desktop platform. If you are not familiar with the various order types, readthis overview. Lexatrade provides only a one-step login, but if you turn on Level 3 security, it prompts you to set a separate secure PIN.

Fees

Total Lexatrade fees are based on spread plus funding fees, inactivity fees and swap fees (also see swap-free trading account). Lexatrade provides mainly range of online trading services, yet the user-friendly platform also offers solutions for eForex, ePrivate Banking, eMortgage and flexible saving accounts.

However, many people are just afraid about having their money outside of Switzeralnd. I can understand that if you can’t sleep with money in a foreign broker, it’s much better lexatrade reviews to invest with a Swiss broker than not to invest. If you also want to consider foreign brokers, I recommend Interactive Brokers as the best broker for Swiss investors.

Trading Courses:

Christian Frahm’s fintech umbrella firm United Fintech has made its fourth acquisition in the past 14 months, obtaining a 25% stake in US-founded Athena Systems. The parties did not disclose the amount paid or other financial details of the acquisition.

Opening an account involves an easy online registration process. Opening an account Lexatrade requires a video identification process that can be quite inconvenient to many clients. The Swiss DOTS environment consists of more than 90,000 derivatives with different underlyings, including indices, EFTs, equities, commodities, and exotic forex pairs. The clients at Lexatrade using Swiss DOTS can choose from 19,000 Knockout Warrants, 55,000 Warrants, 1500 Factor Certificates, and 15,500 Mini features.

There is also an inactivity fee charged after six months of no trading activity at 10 units of the base account currency. The Lexatrade mobile trading app is covered in more detail in the video review. Clients can deposit and withdraw funds via the eBanking portal which provides comprehensive payment and transfer services. The bank uses a proprietary agency/principal execution model for speed and reliability and offers its own Advanced Trader platform for Desktop, Web and Mobile. Additional platforms include MetaTrader 4 and MetaTrader 5 with additional plugins such as the MetaTrader Master Edition, Autochartist and Trading Central. Lexatrade Bank is authorised and regulated by the Swiss Federal Financial Market Supervisory Authority and is a member of the Swiss Bankers Association. They operate the domain name which is the focus of this review.

Trader Education

The company holds a category four license issued by the MFSA and serves clients in Malta and other world regions. As slightly introduced in this review, Lexatrade Group Holding limited is extensively regulated across its branches.

To open a Forex Trading account with Lexatrade, a trader should follow the steps below. In terms of security, Lexatrade is highly regulated by the Financial Conduct Authority, and also provides further data security protection measures including encryption and two-step authentication. In terms of trading speed, Lexatrade has an average execution speed of 9 milliseconds. Lexatrade’s technological infrastructure, lexatrade rezension with trade servers in premium locations, ensures that users experience the lowest latency and fastest execution. In terms of its safety protocols, Lexatrade uses enhanced security services based on cutting-edge technology. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

Overall, we had a nice experience checking out Lexatrade and we highly recommend it to traders. Several trading platforms, including MetaTrader 4/5 with advanced trading features.

Minimum Initial Deposit

Deposits at Lexatrade Brokers can be made in 9 different base currencies through prepaid, credit, and debit cards, wire, or bank transfer. A minimum fee may be applied for certain payments depending on the banking service providers. Other than this minimum fee which may be applicable, clients still need to maintain the Lexatrade minimum deposit of $1000 . Lexatrade has a proprietary web platform, Advance Trader, that offers a customizable interface allowing traders to manage and arrange the layouts according to their requirements. The Advanced Trader platform has order management tools and other powerful built-in features. Traders using the Advanced Trader platform get exclusive access to market news, and the traders can switch with complete mobility between Web mobile or desktop versions.

Although Lexatrade offers you a demo account, the broker loses points in this category because the educational content is very limited. Please note you can use the same methods in the case of withdrawing money from your Lexatrade account. Also when you trade stocks, ETFs, mutual funds, bonds, options and futures you can use the account with CHF, EUR and USD. The platform requires a high minimum deposit for some type of accounts.

• Lexatrade also maintains superior capital reserves and enjoys an excellent relationship with clients.
• If you invest a significant amount of money with a broker, you need to ensure it is safe.
• The main differences between each account are the minimum deposit requirements and the average spreads.

73.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Lexatrade is a publicly-traded broker based in Switzerland and the UK. Lexatrade Group Holding Ltd was created in 2000, and in the same year, the company went public. Later in 2001, Lexatrade Bank Ltd obtained a banking license.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. If you want a serious broker with serious regulation and the best safety of funds this is the spot. This made me write this review, because it pissed me off today morning, when I found my profitable position closed. It was closed with profit, but I didn’t close it, my TP didn’t close it and I didn’t plan to close it so early. If they let this position run, my profit would be doubled by now. It’s absolutely unacceptable that broker interferes with your profitable positions like this. First you have to either speak with them on cam chat, or send them your documents by mail.

The beginning of the company started back in 1990 by set-up of Marvel Communications SA, a business specializing in financial software and web applications. As per Lexatrade lexatrade forex broker forex review, It also offers the MetaTrader software’s latest generation MetaTrader 5 platform with all the MT4 features, extra trading options, and a distinct codebase.

Minimum deposit and trading conditions vary between its accounts. A standard account requires $1000 to set up, while a prime account costs up to $50000. If you are looking for a reliable broker, leader in the Swiss market that offers a great variety of financial products from the Swiss and European markets, Lexatrades can be a good option. Being a winning trader requires a solid investment plan. Take into account that the stock market is a world that is constantly changing and for this reason your strategies must adapt to the movements and innovations of the market. We recommend that you choose a broker that is your ally and that allows you to fully exploit your profits.

We are aware that our editorial process is not perfect, and we are constantly improving our editorial quality through readers feedback and internal review. All commentary must maintain a high level of objectivity and provide balanced views. Before going live, each article is thoroughly reviewed and fact checked by a qualified member of the editorial team. Cryptocurrencies however, did not have the luck of precious metals and went down heavily late in the week due to the rout on the Nasdaq. The tech selloff did not help cryptocurrencies as the correlation between BTC and Nasdaq has been at its highest… Lexatrade didn’t perform any Forex Contest in the past.

It offers access to stocks, bonds, funds, Contracts For Difference , and more. If you are a simple passive investor like me, they have much more features than you would ever need. Lexatrade provide a one stop platform for all your financial requirements. Be it a regular bank account, trading platform, retirement solution or even crypto trading. Note that the bonus is credited only after the referred friend makes minimum deposits at Lexatrade. Note that clients need to deposit a minimum of $1000 to enjoy the maximum leverage ratios.

However, traders opening the prime account need to deposit $5000 at least. Lexatrade provides quality trading conditions and is multiply regulated broker with global recognition and audit. There are good platform in Lexatrade offering including MetaTrader with no restrictions in strategies, costs are low and learning material are great for beginning traders. Funding methods are widely offered, traders can benefit from online banking via Lexatrade Bank.