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LEX CAPITAL -

Score

1.47 /10
Danger

LEX CAPITAL

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

https://www.lexcapitals.com

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Score

Regulatory Index0.00

Business Index6.70

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

LEX CAPITAL · Company summary

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.

User Reviews

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Nocheavanzada
more than one year
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.
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.
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2023-04-04 18:36
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Nocheavanzada
more than one year
It is with disappointment and concern that I must report my recent experience with LEX CAPITAL. Despite initially seeming like a promising broker, I have discovered that they have apparently closed down their operations. When I first signed up with LEX CAPITAL, I was attracted by their competitive trading fees and a range of trading products.
It is with disappointment and concern that I must report my recent experience with LEX CAPITAL. Despite initially seeming like a promising broker, I have discovered that they have apparently closed down their operations. When I first signed up with LEX CAPITAL, I was attracted by their competitive trading fees and a range of trading products.
Translate to English
2023-04-04 18:36
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