Company profile
Note: LEX CAPITAL' official website: https://www.lexcapitals.com/ is currently inaccessible normally. LEX CAPITAL Review Summary Founded2024 Registered Country/RegionUnited Kingdom RegulationUnregulated Market InstrumentsForex and crypto currency Demo Account❌ Leverage/ EUR/ USD Spread/ Trading Platforms/ Minimum Deposit$200 Customer Support/ Founded in 2024, LEX CAPITAL is a newly established company that offers trading of forex and crypto currency. However, it is not regulated by any institution and there are no trading conditions clarified.Pros and Cons ProsCons NoneNewly established No regulation CNMV warning Inaccessible website No ways to contactIs LEX CAPITAL Legit? LEX CAPITAL operates without any regulation. Additionally, the broker has been blacklisted by the Spanish financial authority, CNMV, as a potential scam, which is another significant red flag. Currently, their website is unavailable, and there are no means to contact them. Therefore, LEX CAPITAL cannot be considered a legitimate broker.What Can I Trade on LEX CAPITAL? LEX CAPITAL focuses on forex and crypto currency trading. Tradable InstrumentsSupported Forex✔ Commodities❌ Indices❌ Cryptocurrencies✔ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Account Type LEX CAPITAL offers four investment plans: the Novice, Beginners, High Expert, and Regional Representative plans. These plans offers different minimum deposit requirements and return. Investment PlanMinimum DepositReturn NOVICE$2003% after 24 hours BEGINNERS$50020% after 4 days HIRE EXPERT$2,00010% after 65 minutes REGIONAL REPRESENTATIVE$60015% dailyThe Bottom Line In a word, LEX CAPITAL is not a good choice. It lacks clarity on several essential trading details, including the maximum leverage offered and the typical spreads. Additionally, it is an unregulated broker that has recently received a warning from Spains CNMV. It claims to provide quick and easy returns but fails to disclose important information about its offerings, such as the trading platform it utilizes, if there is one at all.FAQs Is LEX CAPITAL safe? No. It has been warned as a scam. Is LEX CAPITAL a good for beginners? No. Beginners should not trade with it in case they are scammed. Is LEX CAPITAL good for day trading? No.
Is LEX CAPITAL safe or scam
Nocheavanzada
United Kingdom
However, after only a few weeks of trading, I noticed that their platform was becoming increasingly unstable, and my attempts to contact their customer service were met with silence. After some research, I discovered that LEX CAPITAL seems to have closed down without any warning or explanation, which is alarming and worrying. I hope that no one else has been scammed or lost their funds due to this unexpected closure.
37130
2023-04-04