We’ll cover everything from their trading platforms, deposit and withdrawal methods, fees and commissions, customer service, and regulation. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares. worldtradex has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.
Share trading launched
It also provides for detailed analysis with market reports and more to offer. MetaTrader is further renowned as one of the most comprehensive platforms in this area. You can further benefit from one click trading, the ability to order directly from charts, and regular price alerts. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. Here are some of the spreads we found on the most commonly traded assets with worldtradexFX as an example.
Social Trading – Copy Trading
The islands are known for beautiful beaches and low taxes. worldtradexFx supports a wide range of operating systems including Windows XP, 7, 8, 10, and the latest Windows 11. The program also includes versatile executable files such as terminal.exe, and terminal64.exe. For those who have used earlier editions, it’s worth noting that other versions like 4.0 are also available. Learn how to trade with our free educational materials.
It serves to prevent money laundering through KYC/AML policies and safeguards against anonymous withdrawals, protecting traders from potential theft. Verification doesn’t have to be done immediately upon registration, and traders can initiate it at their convenience. Remember, though, reliability doesn’t guarantee profits.
Of the 10 languages that are catered for, 8 are Asian. worldtradexFX mobile trading is also well catered for through their own mobile trading platform aside from the huge industry giants already mentioned. Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice.
Well, it’s to make sure you are who you say you are, and that you’re legally allowed to trade forex. It also helps protect your account from unauthorized access. One thing to note – worldtradexFX’s ECN account does charge a small $6/lot commission to offset the even lower institutional spreads they provide. But ECN is aimed at high volume pros who expect that. While I may explore owning and storing crypto in the future, right now I’m happy trade CFDs on worldtradexFX and get my feet wet in this exciting new market!
worldtradex has won some awards too, like the “Best Trading Platform” at the Forex Expo Dubai 2022. That said, they’re not as well-known in India as some local brokers. But their chat support is so quick, I rarely feel the need to call.
Regulation – Is worldtradex Regulated?
The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered. MT5 is also equally lightweight and can run on almost any device. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature.
- Now for trading platforms – this is really important for newbies.
- First, they are properly licensed and regulated in their home country of Saint Lucia.
- Only the most important things, so you don’t miss any events that might affect your profit.
- Forex trading is risky, and no broker can promise success.
- The islands are known for beautiful beaches and low taxes.
Step by step, we are making trading easier and more accessible
Finding a trustworthy forex broker can feel like navigating a minefield. With so many options and reviews that seem too good to be true, how do you know who to trust with your hard-earned money? Both social and copy trading is well provided for at worldtradexFX through their own proprietary copy trading service. Here you can choose to be the master (Provider), or copier. The only real difference here being that as a master you can earn commission.
worldtradexFX 50% deposit bonus
We are constantly improving our product to make your trading experience better.
- MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever.
- worldtradex has good educational and training tools for beginners as well as expert traders.
- The worldtradexFX MT5 pro account is one which they recommend for the more experienced traders.
- If you are trading from outside the EU, the minimum deposit will be $25 with the worldtradexFX Micro account.
- You can mirror successful traders’ moves if you’re not confident making your own decisions yet.
The worldtradexFX Champion offer is a contest run by the broker whereby you can open a demo account and trade for 4 weeks. In addition to the markets offered, as an worldtradexFX trader, it is likely that you may come across some of these extra products that the broker makes Worldtradex forex broker available depending on your location. The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type.
years in the market
Like any serious brokerage operation, worldtradex offers no guarantees about profits and losses to either its existing or prospective platform users. With its user-friendly platform, competitive spreads, and a range of educational resources, it caters to both beginners and experienced traders. The worldtradexFX Copy Trading feature simplifies the journey for those looking to follow in the footsteps of successful traders. worldtradex presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services.
Contemporary service providers like worldtradex place a strong emphasis on supporting their app users in learning more about the intricacies of trading, regardless of their experience levels. Understanding more about the dynamics at play and being able to interpret relevant analysis are both viewed as particularly important. In practice, for service providers like worldtradex to be accessible in lots of different countries worldwide, it is important to maintain a high degree of operational flexibility. As a result, the company behind the worldtradex platform is not directly regulated by the relevant authorities in some countries where it operates, including India. As a new trader, I’m always keen to keep my costs down while I’m learning the ropes.
We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, worldtradexFX would be a top choice. The variable spreads start from 0.2 – 0.4 pips with a commission already rolled in and no other mark-up to worry about on your MT4 Micro, or MT5 Pro Account. You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. This means their execution speed will be lightning-fast. You can expect market execution to happen in under 0.1 seconds.
Rather they are designed to depend on the savvy use of up-to-date information to build profits and limit losses over extended periods of time. worldtradex is an international operator that isn’t officially licensed in India. However, that certainly does not render worldtradex illegal in India, nor does it mean that the platform is unsafe or untrustworthy. Turns out the CySEC is the https://worldtradex.site/ independent regulatory body responsible for financial oversight in Cyprus.