While ForexBrokers.org has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. To avoid the inactivity fee, simply execute at least one trade every quarter, ensuring your account remains active. You can easily trade a range of index CFDs with Worldtradex, offering yet another way of diversifying your portfolio.
Live webinars
- With all this considered, it’s pretty obvious that trading with this broker could be beneficial to you.
- A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones.
- Additionally, you can trade the CryptoMajor basket, which features five important cryptocurrencies, allowing for risk management.
- They have a dedicated team of experts who are always available to answer any queries or provide assistance when needed.
- Worldtradex’s MT4 desktop version streamlines trading, enabling traders to effortlessly manage positions, set take-profit and stop-loss orders, and navigate multiple markets simultaneously.
Sign up with Worldtradex in a few simple steps and get the best trading conditions on the market. Besides having five licenses from four individual jurisdictions, it also has fund security mechanisms like account segregation and negative balance protection. Our review of Worldtradex found that the broker is regulated and licensed from the following institutions; the FCA, ASIC, ACPR, AMF, and FSCA. As these are all top-tier authorities, and Worldtradex has a long history, the broker’s trustworthiness is guaranteed.
Our review of Worldtradex found that it is a highly reputable broker, providing you with numerous reasons to trust them. Worldtradex is regulated by four authorities, the FCA, CySEC, ASIC, and FSCA, and has global offices. As an Worldtradex client, you’ll also benefit from trading with an experienced broker with a good reputation.
Competent and friendly help and support
Worldtradex offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade. Trading Station is an Worldtradex proprietary platform and therefore not used by other brokers. Through our dedicated https://worldtradex.pro/ global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders. With its extensive array of services, robust customer assistance, and unbeatable trading fees, Worldtradex stands as the preferred broker for investors worldwide.
- Trading platforms often come with charting, research, and order processing tools.
- We appreciate Worldtradex’s competitive spreads, lack of commissions, and low inactivity fees.
- After our in-depth review of Worldtradex, our team can confidently recommend this broker.
- This process is performed by authorised and regulated liquidity providers.
Worldtradex also offers a demo account so traders can practice their skills before investing real money in the markets. This is a great way to gain confidence in your trading skills before risking your hard-earned money. Moreover, Worldtradex offers low spreads and commissions which make it one of the most cost-effective brokers out there today. All these features make Worldtradex an excellent choice for anyone looking for a reliable broker in 2023. Worldtradex stands as a prominent figure in the Forex market, renowned for its highly competitive fee structure.
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Support methods include live chat, email, and phone and this is available 24/5. To cater to all of their global clients, Worldtradex also offers specific support telephone numbers in 42 countries. This means you can rest assured someone will speak your language and you won’t have to pay premium phone rates.
The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page. Keep in mind that these are averages, so the spread may be higher or lower at any given point. There is no Zero or ECN account that charges a commission, so all account holders with Worldtradex are charged spreads. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts.
Worldtradex trading platforms
It’s also worth noting that, within the UK, NinjaTrader can only be used with a spread betting account. Those interested in social trading with Worldtradex should consider ZuluTrade, as this is a peer-to-peer auto-trading platform. It is a good choice if you are a beginner and unsure of how to create strategies or anyone who does not have enough time to plan their strategies. For added ease of use, you can sort signals and view past performance. MetaTrader also features interactive charts with 30 built-in indicators, plus the ability to use more than 2,000 free additional indicators, and over 700 indicators for sale. You will also find more than 1,700 trading robots in the MetaTrader market.
This fee varies depending on the amount converted and can have a markup of between 10 and 150 pips. The broker features five separate licenses, client insurance, negative balance protection, and SSL encryption. With all this considered, it’s pretty obvious that trading with this broker could be beneficial to you.
Since Worldtradex launched in 1999, the broker has weathered difficult market conditions including the 2008 financial crisis. Overall, our Worldtradex review team found that this is a reputable brand with a high level of safety. Most withdrawal methods come without fees, but there is a fee for withdrawals via wire transfer.
This makes it easy for traders of all levels to learn more about trading and improve their skills. Between 74-89% of retail investor accounts lose money when trading CFDs. Our Worldtradex review team is pleased with the broker’s social trading options. It is compatible with Worldtradex official site ZuluTrade, which was the original social trading platform. Additionally, you can enjoy some element of social trading on the other trading platforms via trading signals and expert advisors.
In addition to the platform tutorial videos in the Forex Video Library, you can also review Worldtradex videos on educational topics for all skill levels. There is an entire section of videos for ‘New to Forex’ that is ideal if you are a beginner, as is the ‘Order Types’ section. You will also find an ‘On Demand’ section with topics that all skill levels will appreciate, such as Fibonacci’s and low-volatility trading.
Because of the range of platforms offered by Worldtradex, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. To top it off, Worldtradex proudly presents some of the industry’s most competitive trading fees.
Our priorities are largely determined by what our clients want to trade and what additional tools they want to integrate to our platform. Our people are agile and thrive in an environment of fast changing industry trends and business conditions to meet the demands of our customers. Past experiences and newly acquired skills provide the confidence for our people to forge ahead.
It is available for web trading, mobile trading on iOS or Android, or as a download for Mac. The platform incorporates news and the economic calendar for easy access. It also includes access to some of the most popular Worldtradex trading tools.
Additionally, Worldtradex has an extensive FAQ section that includes most of the information you should need. There is also a convenient search bar on the FAQ page in addition to the category-based organization. Each has its own article with descriptions that are several hundred words on average. An important note is that depending on the country you live in, you may have to open an account with a specific trade name of Worldtradex. There are specific trade names for the UK, France, South Africa, and Australia.