To properly increase their trading skills, the platform provides thorough instructional tools, including webinars, beginning and advanced trading videos, and trading glossary. worldtradex also offers a demo account tool so that beginners may test trading with virtual money, therefore reducing risk. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further. New traders wishing to enter the financial markets find worldtradex appealing overall since it combines affordability, knowledge, and user-friendly tools. With a wide range of trading instruments, user-friendly platforms, and robust customer support, worldtradex provides an appealing choice for both novice and experienced traders. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders.
We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. worldtradex’s affiliate program offers an https://worldtradex.world/ excellent chance for brokers and traders to earn passive income with high commission potential and daily payouts. The program provides favorable conditions for clients, making it easy to grow your business. Whether you’re experienced or new to the industry, worldtradex’s tools and support will help you succeed and earn consistent commissions. Both account types give access to a wide range of assets, including currency pairs, commodities, stocks, indices, and cryptocurrencies, all with low spreads and no extra fees. worldtradex offers transparent and competitive trading conditions, with no commissions, no deposit or withdrawal fees, and floating spreads starting from 0.6 pips.
New instruments: XTIUSD and XBRUSD
Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. Due to this traders will no longer hesitate to use mid-term and long-term stategies. This means, worldtradex clients are https://worldtradex.club/ free to hold as many orders as they wish for as long as they want. Those who follow Islamic financial principles or traders who want to minimize overnight financing expenses will especially benefit from this function.
Even after verifying our identity, those were the only methods available to us. We consulted customer service, and they confirmed that these were the available methods for our accounts. Founded in 2011, worldtradex (formerly worldtradexFX) is part of a group of global entities, which include worldtradex Markets LTD (based in the island of Mwali) and worldtradex Markets Cyprus Ltd (based in Cyprus).
However, when we performed the same operation for the same MT4 account from the worldtradex app, we found that this partial closing was allowed. Entry and exit orders were executed as intended, with only minor slippage observed. Limit orders were adjusted almost exactly to the specified price without jumps, though a small percentage of stop orders did experience some variation. Internal transfers between different accounts can be done from the dashboard and are nearly instantaneous. There is also the option to transfer funds to a wallet outside of these accounts but within worldtradex.
Both the worldtradexTrader and MetaTrader 5 (MT5) accounts follow the same fee structure, ensuring there are no hidden charges when placing trades. worldtradex provides robust security measures for both client funds and personal data. The platform’s use of segregated accounts, SSL encryption, and secure withdrawal processes gives traders confidence that their investments and information are well protected. Furthermore, the Negative Balance Protection feature ensures that traders are shielded from losing more than their initial deposit, making worldtradex a reliable and secure choice for online trading.
worldtradex Additional Fees
Overall, with our research we find worldtradex ensures that customer information stays private by using cutting-edge encryption technologies to guard financial transactions and sensitive data. The broker also provides negative balance protection, therefore shielding customers from losing more than their account balance in a declining market. worldtradex, with a trust score of 70, is regarded as having ordinary risk, thereby giving traders a fair degree of confidence about its dependability and operational integrity.
According to data, traders using worldtradex’s educational content tend to make a larger profit which is indeed a benefit. worldtradex research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. Starting at 0.6 pip on main currency pairs like EUR/USD for all three account avialable at International trading, the broker offers reasonable spreads. For traders—especially scalpers—this low spread structure is helpful since it lowers the total trading expenses and increases profit possibilities. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt.
Trade on the go with the worldtradex trading app
From a trading perspective, the app is comprehensive, including an economic calendar and a section called “Space,” which features posts about different market assets filtered according to the trader’s interests. Available for Android and iOS smartphones, the worldtradex MobileTrader app offers a flawless trading experience. The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades. With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
Account Minimum
worldtradex International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too. worldtradex extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the worldtradexTrader account. All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. worldtradex offers trading accounts denominated exclusively in US Dollars (USD).
- Here are few more additonal features that are available aminly on Intrrnational branch.
- In South Africa, worldtradex provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).
- In 2012, it started organizing courses, and in 2013, it introduced its first bonuses.
- worldtradex requires a minimum deposit of only $25, lowering the entry barrier for many traders.
- You simply start following some pro trader you’ve picked, and worldtradex CopyTrading app automatically copies their trades.
However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool. Available trading platforms include MetaTrader 4 (Web, App, and Desktop), MetaTrader 5 (Web, App, and Desktop), and the proprietary web-based worldtradexTrader, along with the worldtradex Copytrading app. worldtradex offers more than 300 trading instruments across its accounts, including 52 Forex pairs and 277 CFDs, encompassing indices, commodities, and cryptocurrencies. Additionally, approximately 30 cryptocurrency assets are available (also during weekends). The floating spreads for currency pairs involving the yen ranged from 1.9 to 2.6 pips, while major pairs (excluding EUR/USD) average around 1.5 pips. Spreads across different account types are similar, with worldtradexTrader accounts offering slightly lower spreads for Forex.
The worldtradextrading app
Fee table see below, also always consider other than trading fees like funding fees and inactivity. Recognized as a reliable broker as worldtradex operates for many years, it is fit for most traders, especially International traders since worldtradexFX proposal internationally is much wider and better quality too. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available. worldtradex doesn’t require a minimum deposit to open an account, a notable point in their favor.