We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Our research indicates that worldtradex Group is a highly recommended choice for forex and CFD trading. Founded in 2009, it has garnered a strong reputation in the industry. With a high trust score of 88 and a solid overall recommendation, worldtradex Group provides a reliable trading environment. There are 14 indices to trade, including major indices, such as Dow Jones, NASDAQ, and S&P 500, among others. Additionally, the brokerage offers thematic indices, allowing exposure to various sectors, such as electric vehicles, AI, and blockchain.
Deposit fees
Whether traders boost capital with a deposit bonus or earn rewards through competitions and referrals, worldtradex ensures the trading experience stays rewarding and efficient. Yes, worldtradex provides a Demo Account with virtual funds in a simulated market environment. It’s perfect for testing strategies and learning platform features before switching to a real account when you’re confident and ready to trade live.
Trading Platforms & Tools
They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. worldtradex MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability.worldtradex MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
Is worldtradex regulated?
- That said, worldtradex falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space.
- worldtradex Live features daily commentary presented by five hosts and seven researchers.
- While these indices cover all the major markets, the selection is somewhat limited compared to other brokers that typically offer between 15 to 20 indices.
- Customer support is responsive, though sometimes there’s a slight wait.
In conclusion worldtradex Review is a well-regulated broker Worldtradex scammers with numerous highly respected licenses that delivers truly transparent conditions and is an extremely customer-friendly broker. No re-requotes and no hidden fees or commissions policy, as well Negative balance protection definitely a plus. To evaluate brokers, we test the accounts, trading tools and services provided.
- It can be said that these levels of spreads and commissions are competitive for depositors of relatively low amounts.
- Share with us your trading experience in the comments section below.
- Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers.
- Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk.
- As a result, selecting the right trading platform like worldtradex requires a deep understanding of the market, trading strategies, and platform functionality.
- I find that the experience gotten here is that of a well-balanced one.
How to Open an Account and Trade CFDs on worldtradex Mobile App
However, if you’re looking for a broker that does offer cTrader, you can explore other options available through the provided link. If you decide to close your worldtradex account, it’s important to do so with the worldtradex broker customer support and obtain confirmation that no remaining worldtradex fees are due. Please be aware that trading in financial assets with worldtradex carries a risk of loss.
This allows you to minimize the time your computer spends on trading, along with other benefits such as not needing to spend hours sitting in front of a screen waiting for it all to happen. In addition to being convenient for trading, it has a variety of features so that you can meet your expectations and enjoy the best experience possible. You can register for an account with worldtradex by visiting their website and completing the simple online registration process. No, worldtradex does not accept clients from the United States due to regulatory restrictions.
Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities. Stocks, currency and other commodities and instruments will be brought or sold by worldtradex even if no buyer or seller is lined up. Withdrawing money from worldtradex processing time varies depending on the method but averages 1-5 days.
For day traders seeking even lower spreads, the Zero account provides raw spreads from 0.0 pips with a commission of $3.50 per lot per trade. The availability of base accounts in EUR, GBP, https://worldtradex.bid/ USD and JPY can help minimize conversion fees, unlike eToro, which only supports GBP and USD for deposits, holdings, and trades. worldtradex also offers demo trading accounts, providing a risk-free environment in which to explore its platforms and available assets. While offering access to the same markets as other accounts, the swap-free account adjusts fees to ensure fairness without charging interest. This swap-free option is designed for traders adhering to Sharia law.
IS worldtradex regulated? Are its clients protected by regulatory deposit insurance?
worldtradex provides traders with a powerful Copy Trading platform, designed to help investors replicate the strategies of experienced traders effortlessly. This feature is especially beneficial for beginners looking to learn from professionals while minimizing risk. By selecting skilled strategy managers, traders can diversify their portfolios and gain exposure to different asset classes without the need for in-depth market analysis. The worldtradex Ultra Low Account focuses on providing traders with some of the tightest spreads available without charging any commissions. Spreads start from as low as 0.6 pips, making it an attractive choice for scalpers, day traders, and high-volume traders seeking cost-efficient trading conditions.
It provides access to over 1,200 global stocks from major exchanges. worldtradex treats all clients equally, regardless of account size, by providing top-tier trading conditions. It enforces a no requotes or rejections policy, delivers lightning-fast execution, and offers multilingual support, creating a reliable and human-centered trading experience for traders of all backgrounds.
Please bear in mind that these resources provided by worldtradex do not guarantee any results when trading. When we checked on the worldtradex website, these educational resources were not available in every language. Also some financial instruments mentioned in any worldtradex educational resources may not be available in your region. With Autochartist, worldtradex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save worldtradex users time and makes the trading process more efficient.
worldtradex is a top-tier forex and CFD broker that combines a high level of security, a wide variety of account types, and advanced trading tools. Whether you’re a novice looking for educational resources or an experienced trader seeking robust trading platforms and leverage, worldtradex provides a comprehensive solution for all types of traders. With its array of features that improve the trading experience, the worldtradex Desktop MetaTrader 4 (MT4) platform is a valuable software for traders looking for comprehensive features.
Can you make money with worldtradex?
Withdrawal times depend on the method (e.g., e-payments are instant). Plus using MT5 will provide more options for those who prefer technological trades over manual ones. As such, no matter what kind of devices are being used the customer can expect high-quality services in the long term.
worldtradex supports the widely popular MetaTrader platforms, with options for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile devices. In addition to these advanced solutions, the broker offers its worldtradex App, available on the App Store and Google Play. All brokers want you to keep trading, and when a trading account lies dormant, they may start to charging inactivity fees. These need to be measured by how long your account can lie dormant before being charged a fee, and, secondly, by how high the fee is. We believe that worldtradex scores poorly on the length of the dormant period allowed, but scores well on cost.
worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. The spreads are not raw, but still good enough, keeping in mind that this is sort of a basic account type. Yes, worldtradex provides VPS (Virtual Private Server) services for its clients, which can help improve trading performance and connectivity. worldtradex introduces a new and exciting element to the trading world – Forex contests. These contests allow novices and experienced traders to test their skills, compete with others, and win valuable prizes.