LexaTrade Rebates

If you open (called go ‘long’) your 5 standard lots (i.e. 500,000 units) then the commission will be USD$17.50 (5 x USD$3.50) side trip. Given the fact that LexaTrade is governed by strict regulatory authorities, clients are protected from spread manipulation and other abusive practices. We have broken up the other fees and transaction costs a trader is likely to encounter with LexaTrade and explained what these fees entail.

LexaTrade website

Traders can select that branch that has the usual ESMA policies on negative balance protection and leverage limitations. You can trade 4+ global futures CFDs with no commission fees. This includes both the ICE Dollar Index and the CBOE VIX Index. You must have the MT4 platform to trade futures with the CFD broker.

Instant Account Opening & Funding

There is no commission on the standard account type, but there are variable spreads from 1.0 pips. As you can see from the table below, spreads on the standard account are on average 1.1 for the EURUSD parity. If you are interested in other licensed brokers that offer competitive spreads, you can view the list by clicking the button below. LexaTrade offers traders commission-free on Indices, Bonds, Crypto, and Futures across all account types and the Standard Account for ECN forex trading. As for swap rates for holding positions overnight, they vary. They can be found on both MetaTrader and cTrader trading platforms.

LexaTrade also offer swap-free accounts but do not accept applications from residents of the United States, Canada, Israel or the Republic of Iran. Beginner traders may be overwhelmed by the choice of markets and platforms. LexaTrade MetaTrader 4 is a platform that allows you to trade indices, stocks, currencies and commodities. Marki Microwave bare die MMIC gain blocks provide high performance, wide bandwidth, and simplified application all in a very small footprint. The AKA series are cascadable InGaP HBT amplifiers with high P1dB, high OIP3, operate from a single positive supply, and support applications DC to 14 GHz.

LexaTrade website

What LexaTrade offer now is all about right balance between the transaction cost and security. Further, you can deposit and withdraw funds using various methods. These may include credit and debit cards, bank transfers, and other platforms like PayPal. Above this, we have outlined the various ways in which LexaTrade conducts its operations. This is especially so because they provide three trading platforms to deal with about 64 currencies. In addition to this, they offer low spreads and superior liquidity.

Does Ic Market Have Fees?

65 currency pairs are available with spreads starting from 0.0 pips for the EUR/USD fx pair. Trading platforms include MetaTrader 4, MT5 and cTrader and the choice of 232 trading instruments.

  • If a market order is not fulfilled by your brokerage usually no commission is charged.
  • Commodity CFD spreads start at 0.3 points with minimum margin requirements of just 1.0% on oil (Brent Crude or US Crude ) or 2.5% on heating oil as examples.
  • In the next step, you will have to provide a declaration.
  • While high leverage can magnify returns, all levels of trading experience can utilise LexaTrade risk management tools to reduce the high risk of losing money.
  • When funding your trading account client funds are held in client segregated accounts with top tier banking institutions.
  • LexaTrade does not charge any fees for depositing funds.

Another tool called the stealth orders will let you hide any pending orders from other participants. Further, servers of LexaTrade for MetaTrader 4 and cTrader are located in the NY4 and LD5 IBX Equinix data centers in London and New York City. These sophisticated servers offer some of the fastest connectivity solutions. The Equinix data centers are considered as one of the most reliable data centers in the world. Hence, by using these centers, LexaTrade remain a great and prompt option for you.

What Will You Need To Open An Account With LexaTrade?

They must also adhere to standards by which a safe trading environment is ensured. As with other trading platforms, LexaTrade has certain advantages and disadvantages of trading on their platforms. Further, LexaTrade do not tamper with any of the funds that you have deposited. These are kept in segregated bank accounts so that your money remains safe.

LexaTrade website

LexaTrade’ customer service is very good and multilingual. 79% of retail investor accounts lose money when trading CFDs with this provider. From our observations, the services offered by LexaTrade lexatrade website are suitable for both beginner and advanced traders. Customer support is offered in multiple languages including English, Chinese, Indonesian, Italian, Spanish, Portuguese, Thai and Vietnamese.

Total Fees

Before trading online with a broker such as LexaTrade you should be sure they’re legitimate online agent. The whole notion of regulation lexatrade website is to protect LexaTrade traders and provide a safe trading environment. Try creating two accounts when you are working with LexaTrade.

All money funded to LexaTrade is placed into a segregated tier 1 bank account. This means your money in not held by LexaTrade directly by a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also LexaTrade is regulated by Australian Securities and Investments Commission , Financial Services Authority , Cyprus Securities and Exchange Commission . CTrader Copy empowers everyone on the platform to share their investment strategy and to share their trading strategy for a fee or commission. Other dealers can search and replicate the approaches available, and revel in a commitment-free investing.

LexaTrade website

They offer you ten of the most popular cryptocurrencies at the moment. You can go long or sell and short crypto by using a raw spread account on LexaTrade. Live chat customer service is also offered by the CFD provider. The company is dedicated to providing a high quality educational centre that is great for those who have no previous knowledge in trading forex and CFDs. Pepperstone is one of the few fx brokers that has won more awards for customer support than LexaTrade. LexaTrade offer the three most popular forex trading platforms worldwide.

What We Like About LexaTrade

This can also be conducted 24 hours a day for five days a week. Most brokers that offer a lower deposit do not simultaneously offer great technical analysis software. LexaTrade is designed to serve an audience that is serious with their trading efforts. The three different trading platforms available offer multiple options for various analysis methods. Their raw spread accounts begin from a spread of 0.0 pips. They are a reputable forex broker that was founded in 2006.

LexaTrade website

The app offers institutional level trading features that help you make better trading decisions and superior execution and more advanced account management tools. When it comes to funding LexaTrade offers a choice of 15 funding options with a choice of 10 different base currencies. LexaTrade will provide the long and short swap points in their trading platforms for all the currency pairs they offer. Depending on the interest rates you will either incur a rolling fee or receive interest credit for the fee. LexaTrade trading fees are low.There are different cost structures for different account types. We tested the ‘True ECN with MetaTrader’ account, which charges a commission but offers tight spreads. LexaTrade mission is to create the best trading experience for retail and institutional clients alike allowing traders to focus more on their trading.

LexaTrade website

LexaTrade tend to process deposits faster when they are made from the Secure Client Area. Further, the commission rates charged by LexaTrade are very competitive. Further, on cTrader, index options a commission of $3 for 100,000 USD traded is charged. If there are cases of insolvency, the ASIC protects the investors in LexaTrade by retrieving and returning their funds.

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