No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app. Aside from the products and services already discussed in this review, worldtradexFx offers more. In this section, we are going to be looking at these extra products and services. All the services on the TopForx.com website are free for you to use.
No, worldtradex charges no commissions on deposits or withdrawals, making the process cost-effective for traders. worldtradex offers a wide range of assets, including currency pairs, commodities, stocks, indices, and cryptocurrencies, all with low spreads and no additional fees. The platform includes advanced performance analytics tools that track and visualize your trading progress, delivering a detailed analysis of individual trades or entire trading days. This customized approach empowers traders to make more informed decisions and refine their strategies. MetaTrader 5 offers a wide range of technical analysis tools, charting options, and customization features designed for more sophisticated traders.
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. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution. 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan.
How Competitive Are worldtradex Fees?
- It not just offers excellent trading and analytical tools, but is also flexible enough to implement simple, as well as, highly complex trading strategies.
- The account is available on both MT4 and MT5 trading platforms, and comes with market execution.
- There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable.
- worldtradexFX provides a highly accessible Copy Trading service, designed to benefit both beginners and experienced traders.
- worldtradexFX has earned positive feedback across several review platforms, with a strong reputation for its trading tools, customer service, and overall reliability.
However, automated trading scripts like expert advisors aren’t supported. worldtradex broker offers the MetaTrader 5 (MT5) Pro Account, which is very profitable for experienced investors and new traders alike. The worldtradex broker website works just like the desktop platform of MetaTrader 4. This is great for skilled traders who want good charting services. They offer many investment opportunities to traders around the world.
When doing research for this worldtradex review, we noticed a few areas where this broker stands out in the industry. We noticed one of the primary focuses of worldtradex is its focus on emerging markets. This places worldtradex as an interesting platform for established investors looking for diversification. worldtradex offers attractive pricing, with clear and understandable fees.
In addition, worldtradex’s website features a comprehensive FAQ section, providing answers to common queries and offering further support for users. This commitment to customer service enhances the overall trading experience, giving traders confidence that help is readily available when required. worldtradex provides low-cost trading with spreads as tight as 0.4 pips for major currency pairs, making it an affordable choice for many traders. The broker offers commission-free trading on its Standard accounts, which is ideal for casual traders looking to minimize costs. For more advanced traders who require even tighter spreads, worldtradex offers ECN accounts on the cTrader platform.
Key Features
To open an account with worldtradex, click the Open Account button at the top right of the homepage, or access the registration form through the signup page link. For every deposit of at least $50, you automatically receive a 50% bonus. This bonus is available for every deposit you make, not just the first one.
Which Markets does worldtradexFX offer?
These instruments are offered as CFDs, allowing traders to take advantage of price movements without the need to physically own the commodities. This structure provides flexibility and the potential for profit in both rising and falling markets, making it a convenient option for those looking to diversify their trading portfolio with commodities. By offering CFDs, worldtradex ensures that traders can easily participate in the commodities market with lower capital requirements and enhanced leverage options.
A Variety of Educational Materials
Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app. We will review some of the trading tools offered on the mobile trading app below. Established in 2011 and located in London, worldtradexFx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account. It will also explore the investment safety measures provided by the broker.
- worldtradex is a reliable and user-friendly broker that offers competitive spreads, a variety of trading instruments, and a range of account types suitable for both beginners and experienced traders.
- Firstly, worldtradex uses ECN technology so you get excellent execution speeds with tight spreads of 0.90 pips and is commission-free, which is rare for ECN brokers.
- In addition to this, worldtradexFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders.
- The education section on the worldtradex website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced.
worldtradexFX Deposit and Withdrawal Fees
worldtradex provides flexible options for traders with its two platform choices, worldtradexTrader for beginners and MetaTrader 5 for advanced traders. Whether you’re a novice or an experienced trader, worldtradex provides the tools you need to succeed. worldtradex offers a variety of deposit and withdrawal options without any fees, making it convenient for traders to manage their funds. Clients can choose from multiple methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller. Withdrawals are generally processed within 1-3 business days, depending on the selected method.
Customer Support
Being quick and flexible to deal with while trading allowed the investors to trade with ease. Its features were designed to facilitate the investing procedure for trades which include algorithmic trading, technical indicators, and expert advisors. Yes, worldtradexFX offers Islamic trading accounts, making them available to Muslim traders. worldtradexFX provides a specialized VPS (Virtual Private Server) service Worldtradex official site for UAE forex traders. This value-added feature enables traders to run their automated trading strategies 24 hours a day, seven days a week, without relying on the availability of their devices. To participate, traders must create an Affiliate Account and use the unique referral link provided to acquire clients.
As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the worldtradex broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly. Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge. You simply start following some pro trader you’ve picked, and worldtradex CopyTrading app automatically copies their trades. worldtradex has recently announced about it going swap-free in all the regions it operates.
Meeting certain trading volume requirements allows participants to win exciting rewards like exclusive trips, laptops, or smartphones through random selections. This initiative boosts trader motivation and offers tangible incentives along their journey toward prosperity. The market news is updated hourly and helps to stay updated on market trends.
Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. 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.