LEX CAPITAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-10 12:28

Abstract：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.

　　Note: LEX CAPITAL' official website: https://www.lexcapitals.com/ is currently inaccessible normally.

LEX CAPITAL Review Summary
Founded	2024
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex 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

Pros	Cons
None	Newly established
	No regulation
	CNMV warning
	Inaccessible website
	No ways to contact

Is 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 Instruments	Supported
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 Plan	Minimum Deposit	Return
NOVICE	$200	3% after 24 hours
BEGINNERS	$500	20% after 4 days
HIRE EXPERT	$2,000	10% after 65 minutes
REGIONAL REPRESENTATIVE	$600	15% daily

The 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.