Company Profile
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.
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.
