The “Space” functionality, which provides tailored trading ideas and market analysis straight on the platform, is one prominent feature. This function gives pertinent insights in real-time, hence improving decision-making. The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily. However, traders may be charged third-party processing fees—which worldtradex has no influence over. Furthermore, although worldtradex does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion.
Trading Fees
TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee https://worldtradex.live/ of future success, so make your financial and investment decisions with utmost care. To register, visit the website, verify your email, complete personal info, and upload KYC documents (ID + proof of address).
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages.
worldtradexFX Champion offer
While other Brokers like Pepperstone or worldtradex, also IC Markets might be more appealing for platforms fees, education and their high reputation too. worldtradex withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity. worldtradex also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, worldtradex confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction. worldtradex’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs.
- If you want to trade all markets worldtradex provides, I found your only option is the MetaTrader 5 account.
- Residents of the European Union receive the highest level of regulatory protection, as worldtradex Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC).
- The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
- Each year, we collect thousands of data points and publish tens of thousands of words of research.
- To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types.
- As a reputable broker, we strive to process all payment requests in the minimum time.
worldtradexFX is regulated by several decent financial authorities and has a good record in that regard. Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
What Can You Trade on worldtradex’s Platform?
- One of the standout features of worldtradex is that it does not charge swap fees.
- Dear Wong Mandy,We are truly sorry to hear about the difficulties you have faced and understand how frustrating this situation must have been for you.
- MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts.
- However, worldtradex has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option.
- worldtradex is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities.
- These indicators can provide valuable insights into market movements, allowing worldtradexFX traders to potentially stay one step ahead.
Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. Payment methods refers to the various mediums by which users can credit and withdraw from their accounts. worldtradexFx offers its users different payment methods to be used either for deposits or withdrawals. The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time.
worldtradexFX allows traders to trade on mobile devices through Android and iOS devices like the iPhone. However, if you’re looking for a broker that does offer cTrader, you can explore other options available through the provided link. It’s recommended that you check the worldtradexFX website before signing up. If you decide to close your worldtradexFX account, it’s important to do so with the worldtradexFX broker customer support and obtain confirmation that no remaining worldtradexFX fees are due.
Dear Shoaib Akhtar,Thank you for reaching out to us and for sharing the details of your situation. This policy is in place to ensure the security and integrity of all accounts and the safety of our trading community.We apologise for any inconvenience this may cause and greatly appreciate your understanding. For any further Worldtradex cheating clarification regarding this matter, please feel free to contact us at regards,worldtradex Rep. Dear Pareed Abdul Nafih,Thank you for reaching out and sharing your experience.
About the Editorial Team
When you fund money to worldtradexFX, money is in a segregated bank account that is separate from worldtradexFX company’s funds. As a regulated broker, worldtradexFX cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by worldtradexFX. Instead, your worldtradexFX funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with worldtradexFX. Also worldtradexFX is regulated in its local jurisdictions including major financial regulators like MISA (Mwali International Services Authority) (T ).
One of worldtradex’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. It is important to note that worldtradexFX may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the worldtradexFX platform and features immediately. However, you must pass the verification process to start live trading with worldtradexFX, which can take up to a few business days.
In this course, I had access to 11 video lessons that lasted roughly 5-10 minutes but went into detail about how to trade forex. I was impressed with the efficiency and low-cost approach to depositing and withdrawing with worldtradex. The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees.
A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. The cTrader trading platform is designed specially for electronic communication networks ECNs, and offers direct STP access to currency trading markets. STP (Straight-through processing) is basically done through electronic transfers. With cTrader, users can trade directly with prominent banks globally.
Coming to leveraged overnight holdings, the broker charges no swaps. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Yet, if you still prefer to use high leverage, the international entity of worldtradex Leverage still allows so.
The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the worldtradexTrader, MT4 or MT5 account do not have to pay swaps. Minimum deposits at worldtradex will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which worldtradex entity you choose for establishing your trading account.
For traders trying to cut non-trading costs, worldtradex’s attitude to extra fees stresses affordability and openness, which appeals. worldtradex shows a dedication to transparency and financial stability for the years it started to operate under more reliable licenses. The broker manages different accounts, which keeps client money apart from operational resources, hence improving security. worldtradex is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders.