worldtradex-Online CFDs & Forex Trading
Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. With the Premium account, I enjoyed faster trade execution and improved order management.
- These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.
- Processing times depend on the geographic location and the payment processors, which worldtradex lists as between one and ten business days.
- Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
- Beginners can stick to the regular version of MT4, the WebTrader, or the mobile version.
worldtradex: Solid Trading
Whether you are a beginner exploring the financial markets or a seasoned trader seeking advanced trading conditions, worldtradex is the ideal partner. Choose the trading account that suits you best and experience the sophistication of worldtradex’s trading platforms. worldtradex offers a great variety of trading accounts to suit different types of traders and trading styles. Traders can choose between Live trading accounts with floating and fixed spreads and STP/ECN trading accounts, each tailored to offer distinctive features. Embark on a comprehensive trading journey with worldtradex – your gateway to the global markets. worldtradex is committed to providing superb services to its loyal customers.
It introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account. It also offers a variety of trading accounts, most of which have no minimum deposit requirement, and provides excellent conditions for copy trading.
„Have been trading”
Dive deeper into natural resources and discover how Crude Oil, Coffee and Sugar can help you diversify your portfolio and make it as dynamic as possible. Broker research materials have been neglected, generating the biggest black mark in our review. The free worldtradex Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases.
Trade Forex CFDs with your Multi-Asset Broker worldtradex
- Some payment processors have geographic restrictions, but the worldtradex back office will only list the ones available to traders.
- Fasapay has a transaction limit of $5,000 with a withdrawal fee of 0.5 percent (up to $5).
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- There is also free VPS hosting and a visual representation of when the major markets are open.
The broker has published multiple eBooks and hosted hundreds of webinars, along with maintaining a podcast with regular episodes. Its educational content is thoughtfully designed to cater to traders of all experience levels. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions.
Select Your Ideal Trading Account
The secure worldtradex back office handles all financial transactions for verified clients. The minimum deposit at worldtradex is $50 for most accounts, except for the Zero Spread option, which requires $500. worldtradex received numerous awards for various aspects of its competitive trading environment.
worldtradex has traders from 180 countries, making it one of the most accessible brokers. It is easy to be a part of fthem, and it is even entertaining to watch as other traders progress.The broker as not really as popular as it should be. I cannot find any reason for the platform to lack popularity, considering its services. Sure I would like to see a few improvements on the platform, but it is really darn fine. It may take time to process withdrawals, some traders have mentioned that worldtradex is slower than other brokers. The trading platforms used by worldtradex include MetaTrader 4, Multi-Account Manager for PC, and WebTrader 4, with the latter two being just variations of MT4.
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
However, please note the information in this review pertains to the entity Notesco Limited registered in Bermuda with registration number 51491. When choosing a broker, it’s crucial to consider their reputation and trustworthiness. worldtradex broker received a 4.4 rating from over 280 reviews on Reviews.io website. It’s important to note that worldtradex doesn’t have in-activity, desposit, or withdrawal fees.
On the positive side, deposits and withdrawals are free, and the broker’s inactivity fee is relatively low. worldtradex is one of the few brokers that offer traders the flexibility to choose between fixed and floating spread accounts. Although worldtradex offers 26 futures contracts, there are no vanilla options, ETFs, or bonds that most swing traders use. Moreover, the broker’s swap fees exceeded the benchmark during my tests.
I like the trading environment at worldtradex in the Absolute Zero account due to its competitive trading fees. worldtradex is an ideal broker for Forex traders due to its above-average choice of currency pairs. The well-structured trading environment and dedicated customer support team, make it a great broker to register with.
Explore the benefits of trading the world’s major spot indices with no expirations, enhanced execution and low margin requirements at some of the most favourable conditions. worldtradex Academy provides impressive educational features for smaller and less-skilled traders. The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. worldtradex offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface.
For support specific to worldtradex, you can find support 24/5 with a live chat Worldtradex forex broker and the option to request a callback from any page on the website. The worldtradex FAQ section should be enough to answer most questions as it has categories for opening accounts, client funding, trading, and the trading platform. Because of the size of the broker, worldtradex can offer competitive pricing. Spreads vary from as low as 0.5 to 1.7 for live floating spreads with EUR/USD or 1.6 to 2.8 for fixed spreads, depending on account type. ECN and Zero Spread accounts have no spread and charge a commission based on the number of lots traded instead.
Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. Processing times depend on the geographic location and the payment processors, which worldtradex lists as between one and ten business days. There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee. The FAQ section answers the most common question, and live chat is available with fast response times for basic questions.
Anyway, I think with the variety that offer in many trading aspects, it makes them a good choice for any trader. worldtradex has an excellent reputation and is one of the industry leaders in the world of forex trading. It is one of the sponsors of the 2018 Offshore Racing Congress (ORC) European Championships and will support an worldtradex Racing Yacht. worldtradex previously sponsored the ORC Worlds Trieste 2017 and was an official partner of FC Barcelona from 2014 to 2017. worldtradex seems to offer different bonuses, depending on countries and timing. Instead, in some countries they offer a Limited Protected Traders Bonus.