It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Finally, the Advanced Education Room is open to anyone with a funded worldtradex Account.
- Additionally, the account includes an Islamic option,providing swap-free trading in compliance with Sharia law.
- worldtradex offers comprehensive customer support to ensure a smooth trading experience for all its clients.
- Since the policy began in 2010, worldtradex has had no rejection of orders and no requotes at all.
- Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
Deposit and Withdrawal Fees:
He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018. Yes, worldtradex allows hedging, making it suitable for traders who use this strategy to manage risk. Yes, worldtradex supports auto-trading through platforms like MetaTrader 4 and MetaTrader 5, which allow for the use of Expert Advisors (EAs). Overall, the “Analytics” section at worldtradex is extensive and multifunctional, providing traders with everything needed for successful trading.
Deposit Options and Fees
Since its inception, the broker has grown to serve traders across the globe, offering a comprehensive range of financial services to retail and institutional clients. worldtradex stands out by providing access to a variety of trading instruments, including forex, stocks, commodities, indices, and precious metals. Whether you are a novice or a seasoned professional, worldtradex provides a robust environment for all levels of traders, featuring advanced platforms and educational resources. worldtradex is a reliable and well-regulated broker offering a broad range of trading instruments, competitive spreads, and multiple account types. With a low minimum deposit, high leverage options, and excellent customer support, it is a great choice for traders of all experience levels. However, the lack of cryptocurrency trading might be a limitation for those interested in digital assets.
Leave a review of your experience:
worldtradex offers a diverse range of over 1,250 CFD trading products, including forex, shares, indices, and commodities. While many brokers start charging clients account inactivity fees after 6-12 months, worldtradex traders who have not traded for 90 days will be charged a monthly inactivity fee of $5. To start trading with worldtradex, an initial minimum deposit of $5 is required for Micro and Standard accounts, $50 for Ultra-Low accounts, and $50 for Zero Accounts. On TrustPilot, worldtradex has an average score of 3.3 out of 5 from 531 reviews. This score suggests that there may be some issues with client satisfaction, offering a varied perspective on the broker’s service quality and customer experience.
Forex trading, also known as foreign exchange trading, is all about buying and selling currencies to make a profit from their changing values. It’s the largest and most liquid financial market in the world, with over $6 trillion traded every day. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.
Account Information
Every client, regardless of account size, gets access to the same excellent trading conditions. Everyone who chooses worldtradex has the same opportunity to pursue their investment goals. The worldtradex Group is a global powerhouse that offers some of the best trading conditions. To delete your worldtradex account, you need to contact worldtradex’s customer support and request account closure. worldtradex makes money through spreads on trades and potentially through other fees such as overnight financing charges.
The main difference for Standard Accounts with worldtradex is that 1 lot is 100,000. There is a restriction of 50 lots per ticket and the minimum trade volume is 0.01 lots. Other than this, the Standard and Micro Accounts are essentially identical. The worldtradex Foundation assists with development and access to vocational skills and education via initiating projects. It also provides international aid by working with international and local human aid foundations that are active.
In addition to gold and silver, worldtradex offersCFDs on other metals such as palladium and platinum, along with a range ofenergy markets. These markets can be highly volatile, offering numerous tradingopportunities. You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally.
- When you trade with worldtradex, you’ll have access to a vast array of asset classes including forex, stock CFDs, indices, commodities, precious metals, energies, shares, cryptocurrencies, and futures.
- The platform provides traders with access to a wide range of currency pairs, including majors, minors, and emerging markets.
- On the other hand, its enhanced functionalities make it an ideal platform for traders where advanced tools are a necessity.
- Both brokers have an excellent regulatory track record spanning 15+ years.
- With its comprehensive educational resources and responsive customer support, worldtradex ensures that traders have the tools and assistance they need to succeed.
- worldtradex offers USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, and RUB as base currencies for Micro and Standard Accounts.
worldtradex offers a range of competitive trading conditions designed to suit both beginner and professional traders. One of the standout features is the tight spreads, which can start from as low as 0 pips on certain account types, especially the Ultra Low Account. This allows traders to execute trades with minimal cost, making worldtradex an attractive option for those who prioritize low spreads. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
The broker is interested in the trader’s experience and skills in online trading. I have conducted an in-depth review of Pepperstone vs. worldtradex to determine the better overall choice, and which traders will benefit most from each broker. worldtradex Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. Explore the global currency markets with uninterrupted trading opportunities. worldtradex is a large and well regarded company with some good offers and is well regulated so you can feel safe when choosing this broker to trade with. They don’t offer their own propriety trading platform, instead opting to support Meta Trader 4 & 5.
worldtradex’s VPS service is an excellent addition to the broker’s trading capabilities, ensuring high-speed execution of transactions and trading reliability. This is especially useful for traders who use automated trading systems and advisors and wish to ensure the continuous operation of their strategies. worldtradex Group offers the option of opening Islamic accounts, also known as Swap-free accounts. These accounts are designed for clients who cannot trade swaps due to religious beliefs. One of the attractive aspects of trading with worldtradex Group is the low entry threshold for novice investors and traders. It depends on the trader’s trading requirements, as both brokers are quality choices.
With a diverse range of account types and instruments, worldtradex caters to both beginner and advanced traders. worldtradex is a multiple award-winning broker that allows its clients to trade forex, CFDs, and real stocks on its MetaTrader platforms. Founded in 2009, worldtradex has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders. Trading tools are also provided to assist the traders with market analyses. Kite by Zerodha is one of the most popular trading platforms in India, built to offer a clean, fast, and seamless experience for both beginners and seasoned traders.
Traders can diversify their portfolios acrossvarious markets and asset classes. worldtradex provides variable spreads that startas low as 0.6 pips on major currency pairs for most accounts. For traders usingthe worldtradex Zero Account, spreads can drop to 0 pips, with a small commissioncharged per trade.
FBS has your back with free demo accounts, webinars, tutorials, and beginner-friendly resources to Worldtradex forex brokers reviews help you learn at your own pace. worldtradex’s educational content is extensive and varied, providing all the necessary tools for successful trading in the financial markets. The holder solely does account funding; third-party payments are not accepted. For electronic payment systems, the minimum deposit amount is 5 US dollars. At worldtradex, a variety of popular deposit and withdrawal methods are available.