There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week. You can choose your own leverage and have unlimited access to some of the largest liquidity providers through worldtradex. worldtradex hosts regular trading webinars conducted by experienced market analysts and trading professionals.

worldtradex Account Types

The fee is charged until account activity resumes or the account balance drops to zero. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s operating history, company size, and information transparency. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection.

The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat. The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics.

worldtradex Non-Trading Fees

For traders looking to enter the rapidly growing world of digital currencies, worldtradex provides access to popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins. With the high volatility of the crypto market, worldtradex offers advanced risk management tools to help traders manage their exposure. The broker also provides educational resources to guide traders in navigating the complexities of cryptocurrency trading. worldtradex offers a wide and diverse selection of trading accounts, including commission-free and raw spread accounts. Additionally, the broker provides a Personal Multi-Account Manager (PMAM) platform designed for professional traders and money managers.

worldtradex offers a loyalty program for active traders, where clients can earn points based on their trading volume. These points can be redeemed for various rewards, such as cashback, trading bonuses, or exclusive gifts. The loyalty program is designed to reward consistent and high-volume traders, providing an additional incentive to remain active in the markets. For those looking to test trading strategies, worldtradex also offers Cent accounts. They are ideal for algorithmic testing, allowing traders to evaluate strategy performance in a real-world trading environment while minimizing potential losses. worldtradex’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon.

Islamic Accounts

  • For visual learners, worldtradex offers a library of video tutorials that explain key trading concepts in a simple and engaging manner.
  • The market is continually evolving and never static, so it is important to hone your skills in a safe environment.
  • This information helps traders stay ahead of the curve and make well-informed trading decisions.
  • Going beyond daily operations, they engage with local communities, assisting in medical research and education.

If your application is approved, you will receive the id and password of your trading account with worldtradex. So, now as you know the features of all types of MT4, let us see how you can set it up for trading. On this platform, you get three types of charts which are bar charts, broken line charts, and Japanese candlestick charts. There are also permitted automated strategies that you can access with this MT 4 Advanced terminal software on Windows OS.

Trading metals can serve as a diversification strategy and a way to hedge against currency fluctuations and inflation. worldtradex offers about 310 tradable instruments across currency pairs, commodities, share CFDs, indices, and futures contracts. The assortment is wide enough to accommodate the basic needs of most types of traders. However, the broker does not provide any low-risk securities, such as ETFs, bonds, or vanilla options. Many years of experience within the trading industry has made worldtradex experts at delivering flexible, bespoke and multifaceted trading platforms.

worldtradex ensures secure financial transactions for all verified clients through its robust back-office system. The minimum deposit at worldtradex is $50, and processing times vary depending on the trader’s geographic location and the payment method used, typically ranging between one and ten business days. It’s important for traders to consider potential third-party fees, such as currency conversion costs. Only verified trading accounts can make deposits or withdrawals, and the payment processor’s name must match the account holder’s name at worldtradex. worldtradex offers eight distinct account types to cater to various trading styles and preferences, with most requiring a minimum deposit of $0, making them highly accessible. Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform.

  • These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators.
  • The platform features a detailed FAQ section that addresses the most common queries, making it a useful resource for quick answers.
  • You can choose from a great variety of trading platforms with low pricing and fast execution speeds.
  • worldtradex is a market maker in which the broker serves as a principal to client orders.
  • I opened a No Commission account with the Notesco Int Limited entity and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform.

Research Tools

There are innumerable charts and indicators with advanced tools and techniques for analysis. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.

Account Types

It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. worldtradex offers commission-free trading and floating spreads from 0.9 pips on its No Commission account.

What is the worldtradex Trading Platform called?

It is very user friendly with an abundance Worldtradex scam of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. worldtradex offers comprehensive customer support services available 24/5 in a wide range of languages, including Arabic, Chinese, English, French, German, Spanish, Russian, Persian, and many more.

The broker offers Spanish and Portuguese language support and ensures that traders in Latin America have access to competitive spreads, high leverage, and advanced trading platforms. worldtradex offers a variety of commodities for trading, including precious metals, energy products, and agricultural goods. Trading commodities can provide traders with opportunities to hedge against inflation or take advantage of global economic trends. worldtradex ensures efficient execution and offers leverage options to suit different trading strategies. The broker’s advanced charting tools and analysis features on MT4 make it easier for traders to make informed decisions when trading commodities.

If you are new to trading online, then you will be pleased to find a demo account option. This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment. This is not something exclusive to this broker, you will find most have a demo account available. worldtradex continues to expand its global reach and offers services in many other countries, including Canada (with specific regulations) and select jurisdictions in the Caribbean. The broker remains committed to providing secure and accessible trading opportunities to clients in regions where forex and CFD trading is permitted.

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine market developments from different angles and exploit the underlying trading opportunities in multiple ways.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. worldtradex trading terminal is not only good but it is one of the best terminal software for trading different assets. The trading terminal of Iron FX on Windows is one of the fastest and helps you in the exceptionally fast execution of orders.