These products may not be suitable for everyone and you should ensure that you understand the risks involved. Worldtradex offers various account types for different trader needs. They cater to both beginners and experienced traders with accounts designed for specific trading styles and risk levels. In the crowded trading platform landscape, Worldtradex stands out for its user-friendly interface and affordable trading. It offers competitive spreads and a wide range of tradable instruments, catering to both beginners and skilled traders. Backed by strong regulations, clients can trade with confidence.
The minimum deposit required to open an Worldtradex Account is $100 USD. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. Worldtradex offers a multifaceted trading platform, and traders can benefit from its research, education, and strong customer support. Worldtradex’s platform enriches traders’ experiences with tailored features. Push notifications keep traders updated on market shifts, and instrument-specific insights aid decision-making.
CFD Fees
Each demo account imitates real trading conditions, the only difference is virtual money is used. The Micro Account requires a minimum deposit of $100, the Premium Account requires $1,000, and the VIP Account starts at $10,000. Once a trader has opened an Worldtradex account they will be granted access to the Worldtradex AutoTrade platform. The Worldtradex AutoTrade platform will allow users to copy the best traders’ strategies.
Desktop Trading Apps
Yes, The Worldtradex AutoTrade platform will allow users to copy the best traders’ strategies. Worldtradex makes a wide range of markets available including access to Forex, Metals, Indices, Commodities, Futures, and Shares. Worldtradex places a significant emphasis on empowering its traders through research and education. However, when benchmarked against the industry’s leading brokers, there remains room for diversification and enhancement. Worldtradex offers a wide range of trading instruments for diverse investments. We remain committed to offering competitive conditions and superb services which are recognised by the industry.
Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads. In addition, leverage for trading currency pairs is quite large. And thirdly, broker provides a wide range of financial instruments, including currency pairs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.91% of retail investor accounts lose money when trading CFDs with this provider.
Worldtradex offers a fee structure that’s competitive and straightforward. If you have traded with Worldtradex we would really like to know about your experience – please submit your own review. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
Worldtradex Account Types – 17 Key Point Quick Overview
The Worldtradex VIP Account is tailored for professional traders who require top-tier trading conditions. With a minimum deposit of $10,000, this account offers tighter spreads starting from 0.8 pips, ensuring cost-efficient trading for high-volume traders. VIP Account holders benefit from personalized customer support and access to premium trading tools via Worldtradex’s MT4 and MT5 platforms. Worldtradex offers a variety of account types tailored to different trading needs and experience levels. The Micro Account requires a minimum deposit of $100, making it ideal for beginners or those with smaller capital. For more experienced traders, the Premium Account requires a $1,000 deposit, offering tighter spreads and better trading conditions.
Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio Worldtradex website management. Worldtradex offers Islamic swap-free trading on 4 trading account levels, Standard, Premium, Live Zero Fixed Spread, and VIP. Worldtradex offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. All this together makes trading on company’s platform profitable and efficient.I trade currency pairs.
DayTrading.com may receive compensation from the brands or services mentioned on this website. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Trading according to the market analysis has really helped me increase my profit, for sure Worldtradex is really the main deal!! Compare Worldtradex with the top 3 similar brokers that accept traders from your location. The MetaTrader 5 platform is not currently available at Worldtradex.
Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. The Worldtradex Personal Multi Account Manager (PMAM) platform will allow users to manage several forex accounts with ease.
Mobile Trading Apps
- Withdrawal times vary depending on the banking provider but range from the same day to 10 days.
- We remain committed to offering competitive conditions and superb services which are recognised by the industry.
- Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.
- Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance.
This account type provides access to competitive spreads starting from 1.8 pips and allows traders to explore the markets with flexible trading options. The Micro Account is ideal for new traders who want to familiarize themselves with Forex trading without committing significant capital. It also includes access to Worldtradex’s MT4 trading platform, which provides a wide range of tools and resources to help traders make informed decisions. Worldtradex is an online, multi-asset broker best known for forex trading.
Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader. The Worldtradex TradeCopier Platform allows users to copy https://worldtradex.space/ the strategies of top-performing traders in real-time. Users can choose to become a Strategy Follower or Strategy Provider.
I also love how cost-effective this platform is, the broker has beginners in mind. Compare the markets and instruments offered by Worldtradex and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Yes – Worldtradex does offer negative balance protection to all users.
Best Forex Brokers in Canada
Open an institutional account and offer your clients access to best-of-market liquidity and reliable execution. Benefit from institutional rebates and dedicated Institutional Account Managers. Today, Worldtradex continues to solidify its position in the trading industry, governed by transparency and a deeply held commitment to its clients. Tempting trading conditionsHowever, my attention to Worldtradex was captivated by its outstanding reputation with traders.
- With that said, the brokerage does have plans to introduce MT5 in the future.
- They cater to both beginners and experienced traders with accounts designed for specific trading styles and risk levels.
- Potential traders should conduct thorough research to ensure Worldtradex aligns with their strategies, finances, and risk tolerance.
- Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide.
- All this together makes trading on company’s platform profitable and efficient.I trade currency pairs.
- Open a corporate account designed to offer Corporates throughout the world access to global capital markets and strong liquidity through our award winning trading platforms.
This ensures traders do not lose more than their initial deposit. Worldtradex uses standard security features to keep clients’ personal information secure, including website encryption. The MT4 trading platform uses MetaTrader’s one-time password. Offers also vary depending on the country you’re signing up from. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change.
A Forex Tour?
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Open a corporate account designed to offer Corporates throughout the world access to global capital markets and strong liquidity through our award winning trading platforms. Join Worldtradex in 3 easy steps and experience a bespoke trading environment with best-of-market spreads and the widest range of trading instruments. Obtain immediate access to trade through 10 market-leading platforms. The mobile trading apps provided by Worldtradex are developed for both Android and iOS devices, offering a seamless trading experience on the go.
In order for the account application to be completed the applicant will be required to complete a simple online registration form. Worldtradex prioritizes transparency and versatility in transactions, focusing on a trader-centered platform. Consistent with its client-friendly fee structure, Worldtradex does not enforce withdrawal fees.