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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
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.

LEX CAPITAL

Pros and Cons

ProsCons
NoneNewly 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 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% 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.

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.

Related broker

No Regulation
LEX CAPITAL
Company name:LEX CAPITAL
Score
1.52
Website:https://www.lexcapitals.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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