worldtradex is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. worldtradex periodically offers bonuses and promotions to enhance the trading experience.
TRADING HELP
They provide global traders with competitive trading conditions and fees. In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. The in-house platforms include the worldtradex+, worldtradex pro, the commission-free worldtradex Lite, and worldtradex mobile apps. Some of their shared features include real-time access to the US exchange markets, access to real-time quotes, customizable interfaces, and the fact that they host several technical indicators.
Forex Assets
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. For me it’s strong 10/10, because I’m tired of overcomplicated platforms and this one is exactly what I wanted to find.
Table of Contents
Unlike most other trading products listed here, futures and futures options trading are lightly covered in the broker’s educational resources and research reports. worldtradex is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. worldtradex provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc.
You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity. I like how they take an individual approach to each client regardless of your investment size and have 24/7 support. There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade ideas.
Unique Features
Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. These options provide flexibility for traders who prefer a more hands-off approach or want to diversify their trading strategies. worldtradex doesn’t charge withdrawal fees, but external payment providers may have their fee structures. The service offers over a hundred ready-made scenarios for automating client communication, account management, trades, and trading symbol parameters. Such automation helps companies scale by processing thousands of operations at the same speed.
Trading platforms to support your strategy
In this review of worldtradex, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. The broker has a huge variety of trading instruments across multiple markets including Forex, Cryptocurrencies, Commodities, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, Futures & CFDs.
- Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability.
- Retirement account options cover traditional, Roth, rollover, and SEP IRAs.
- For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
- We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.
- Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv.
Platform Experience: Expert and User Evaluations
It is quick and easy to get started with an account from just $100. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. worldtradex is a European online brokerage firm that has been serving clients since 2016.
- As the financial realm continues to evolve, so does the need for superior trading tools.
- Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader.
- Also, we provide you with free options courses that teach you how to implement our trades as well.
- MetaTrader5 -MetaTrader 5 is a multi-asset trading platformsupporting stocks, futures, forex, and CFDs.
However, it can still prove to be annoying, granted that many exchanges out there have much smaller requirements, a far as crypto purchases go. worldtradex minimum deposit is a thing, however – and that minimum deposit is $100. In other words, if you’d like to trade cryptos on this platform, you’re going to have to make a worldtradex minimum deposit of 100 bucks. The MT5 platform is used for some alternative trading options – we’ll get to that in a bit. For now, it’s worth mentioning that MT5 (otherwise known as the MetaTrader5) is the more-advanced version of MT4 – the most popular and well-known trading interface, to date.
For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.
For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Account creation requires basic personal details and identity verification through a standard KYC process, typically completed within one business day. For newcomers, worldtradex offers a demo environment with realistic market conditions to test strategies before committing real funds. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips. These are really top trading conditions that put them up Worldtradex forex broker there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. You may fund the account via ACH, wire transfer, or account transfer.
There is something for everyone to trade with thousands of financial instruments available. You will find everything from major currency pairs to stocks of large companies. This service is for clients who prefer to make investment decisions with professional assistance. Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their funds in global financial markets, with full control over their investment portfolio.