lexatrade.com Reviews
is lexatrade.com legitimate or a scam?How much trust do people have in lexatrade.com?
Why is the trust score of lexatrade.com very low?
Lack of Regulation: LexaTrade does not appear to be regulated by any reputable financial authority. This is a major concern, as regulation is crucial for ensuring the safety of traders' funds and the integrity of the trading platform.
High Pressure Sales Tactics: Many users have reported receiving aggressive and persistent sales calls from representatives of LexaTrade, pressuring them to deposit large sums of money into their trading accounts. This is a common tactic used by unscrupulous brokers.
Unrealistic Profit Promises: The platform may make unrealistic promises of high profits with little or no risk. In the world of trading, especially in volatile markets like forex and cryptocurrencies, such guarantees are highly dubious.
Negative User Reviews: There are numerous negative reviews and complaints from users who claim to have lost money on LexaTrade. Common issues include difficulty withdrawing funds, sudden account closures, and poor customer support.
Cloned Websites: There have been reports of LexaTrade using cloned websites or similar domain names to confuse or mislead potential clients. This is a deceptive practice and is not something a legitimate company would engage in.
Lack of Transparency: The platform's website and promotional materials may lack transparency about the risks involved in trading and the actual operation of their services.
Unprofessional Behavior: Some users have reported unprofessional conduct from LexaTrade representatives, including rudeness and a dismissive attitude towards their concerns.
Difficulty Withdrawing Funds: Several users have experienced significant obstacles when trying to withdraw their funds from LexaTrade, which is a common issue with unregulated and untrustworthy brokers.
Based on these red flags and the overall pattern of concerning behavior, it is advisable to exercise extreme caution and consider alternative, more reputable trading platforms with a solid regulatory standing and a track record of positive user experiences."
the reasons behind this review :
Lack of Regulation, High Pressure Sales Tactics, Unrealistic Profit Promises, Negative User Reviews, Cloned Websites, Lack of Transparency, Unprofessional Behavior, Difficulty Withdrawing Funds
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content Domain Age is quite old | Low review rate by AI Archive is new Whois data is hidden Domain does not rank within the top 1M on the Tranco list. |
Domain age :
5 years and 8 months and 21 days
WHOIS Data Status :
Hidden
Title :
lexatrade.com
Website Rank :
2409862
Age of Archive :
3 year(s) 10 month(s) 19 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Let's Encrypt
WHOIS registration date :
2018/09/20
WHOIS last update date :
2024/06/07
WHOIS Renewal Date :
2024/09/20
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
abcd8280ed3148efb1d6f30d349a66dd.protect@withheldforprivacy.com
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
abcd8280ed3148efb1d6f30d349a66dd.protect@withheldforprivacy.com
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
abcd8280ed3148efb1d6f30d349a66dd.protect@withheldforprivacy.com
IP : 44.208.124.139
ISP : AS14618 Amazon.com, Inc.
Country : US
IP : 54.157.24.8
ISP : AS14618 Amazon.com, Inc.
Country : US
IP : 34.193.97.35
ISP : AS14618 Amazon.com, Inc.
Country : US
Name :
NAMECHEAP INC
IANA ID :
1068
Registrar Website :
http://www.namecheap.com
Phone :
+1.9854014545
Email :
abuse@namecheap.com
Target : ns1.parklogic.com
IP : 185.67.45.231
ISP : AS201682 Liquid Web B.V.
Country : NL
Target : ns2.parklogic.com
IP : 50.28.32.155
ISP : AS32244 Liquid Web, L.L.C
Country : US
This website was last scanned on August 23, 2024
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