The platform proved ideal for beginners or advanced traders throughout testing we admit its robust functionality and straightforward UI. Compared to its predecessor, MT5 covers a larger spectrum of financial products by its basic settings, yet at worldtradex we findrange of tradable instruments similar across all its platforms. The points to markup are over eighty technical indicators and twenty-one distinct timeframes, enabling thorough market research.
Account Types
With a $0 minimum deposit, worldtradex is accessible to traders, unlike competitors that require higher deposits, such as IC Markets and eToro. The rest of the aspects we find in line with competitors including Low/ Average ranking for Fees with Spread Basis or Commission based accounts, similar to worldtradex and IC Markets but higher than Pepperstone or OANDA. Investigating worldtradex’s tradable assets exposes a broad spectrum of financial instruments that fit different trading approaches and preferences. With access to various markets including forex pairs, traders can engage in broad currency trading, creating opportunities in both main and exotic markets.
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Particularly with its Zero Spread account, which allows raw spreads starting from 0.0 pips, worldtradex offers economical trading fees. While the Zero Spread account’s spreads start at 0 pip with interbank quotes and trading charges built into comission. The company provides a range of account types to suit different trading styles and experience levels. The diverse account offerings ensure that you can start trading with tight spreads from 0.00 pips. worldtradex offers commission-free Forex trading (except on Zero account) with floating spreads from 0.0 pips.
worldtradex Available Payment Methods
To provide a balanced perspective, let’s examine the advantages and disadvantages of trading with worldtradex broker. worldtradex provides some educational materials, but they are limited compared to competitors. They are differentfrom trading stocks where the parties don’t own the underlying asset but make profit/loss based on the price fluctuations of the underlying asset.
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It offers the advantage of swap-free trading and cent lots, allowing precise position sizing. An interest paid or earned for overnight retention of an investment is called the rollover or swap fee is a typical charge applied to all trade so should be calculated as trading fee alike. Through a Swap-Free trading tool, worldtradex lets traders hold positions without paying these fees on particular accounts. Those following Sharia law and wanting to minimize overnight expenses will benefit from this option.
Forex tradersalso get a range of different calculators, which will help them determinecritical aspects of each trade. The platform is packed with a series of helpfulfeatures to enhance the trading platform, allow for a quick and simple overviewof the Forex market, and customize how you trade. He added that he is also looking into ways to expand worldtradex’s crypto services, ensuring that they are at the forefront in crypto trading, as the world is becoming more and more aware of the sector. At the end of the day, the goal is to set new benchmarks for innovation, customer satisfaction and regulatory compliance, building on worldtradex’s legacy as a pioneer in global online trading, as they have done for many years. Its aggressive and ambitious expansion strategy makes it one of the fastest-growing brokers in the industry.
However, in worldtradex Investing section you can find Copy Trading and PAMM account features suitable either for followers to become investors in particular strategies or Providers to enlarge trading size and share knowledge. In fact, we find worldtradex Copy Trading very well established with great number of followers in the system and highly advise to consider worldtradex for its Copy Trading Potfolio. Although email support responded in approximately 24 hours, it usually provided thorough, well-organized responses with links to other resources.
worldtradex, a leading global financialbroker under the worldtradex Group, continues to provide innovative tools to itsclients. One of them is its revolutionary worldtradex Copy Trading Platform,designed to refine trading and set new standards in transparency and traderempowerment. Disclaimer – BrokerBenchmark.comRisk DisclaimerPlease note that trading and investing in financial instruments, commodities, and other assets involve a high level of risk.
Providing several channels for clients to seek help is crucial in any online platform. Considering this, the company offers customer support through several methods. They providelucrative programs without standing support and advanced technology.
- This account type is the same as the Premium or Zero SpreadAccount but follows Islamic law and therefore is a swap-free account.
- During events of high volatility, sudden price movementsmay occur, and margin calls or stop loss may not function correctly, whichcould lead to a negative balance in the account.
- “Afternoons are usually for competitor analyses, regulatory changes, industry trends, emerging technologies and the like.
- Technology innovation, AI-driven analytics tools, and automation to enhance risk management and trading efficiency are my top priorities going forward.
- They providelucrative programs without standing support and advanced technology.
- In addition tothe usual trading conditions, they can be further improved with the variousbonuses offered by worldtradex.
- worldtradex has established itself as a trusted broker in the forex and CFD trading industry, regulated by top-tier authorities such as the FCA, CySEC, and FSCA.
- Once your application is submitted, the broker will review it and request additional documentation for verification purposes.
- The broker also provides access to Autochartist and SMS market notification services.
In addition to its adaptability, worldtradex also serves as a platform for collaboration made up of Worldtradex official site people with different backgrounds and experiences. In this case, Hayel has over 30 years of experience in the financial services industry under his belt, with the ability to bridge the gap between institutional-grade trading solutions and retail traders. He has led commercial expansion, product innovation and strategic partnerships across various regions, helping companies strengthen their global presence.
HF Markets is one of the Top 10 forex and CFD brokers for Indonesian traders. Once you are ready or decided to start Live Trading you can submit for a Live account to follow worldtradex Login where Broker asks you for confirmation of documents including identity, residency and other proof before you start. In both cases, you will get access to myworldtradex client area where you can manage all your accounts and finances. For Research worldtradex provides an excellent range of analytical and research tools. This includes Analytical Objects, Economic Calendar, various Trading tools included into the platform, which we find quite comprehensive and on good level.
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The MT4 and MT5 platforms deliver exceptional execution speeds and advanced charting tools, while the worldtradex app ensures flexibility for traders on the move. Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson worldtradex. You can trade micro-lots with this account, at 40% Margin call leveland 10% stop out level. No commission involved, but you have to account for thevariable spread (a benchmark figure of 1.3 pips). You can trade a maximum of 7Lots per trade up to a maximum number of 150 orders.
worldtradex withdrawal processing times range from instant to 1 business day, depending on the method used. Yes, worldtradex is regulated by top-tier authorities like FCA and CySEC, ensuring a high level of security and transparency. worldtradex sponsors and supports professional athletes who sharetheir commitment to excellence. worldtradex has a strong commitment to not just providing the bestpossible customer experience, but also acknowledging its social responsibilityto communities and organizations around the world. The educational package includes over 20 video tutorials,over 30 recorded Forex videos, trading webinars with Forex experts, and the worldtradexeCourse in Forex.