With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, worldtradex is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing. worldtradex has over a decade of experience in the trading world, serving a large number of clients globally. The broker prides itself on offering low minimum deposits, competitive spreads, and access to various financial markets. For a new trader, finding a broker that offers transparent fees and strong customer support is essential. worldtradex positions itself as a solid option for anyone looking to start their trading journey.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Stocks, currency and other commodities and instruments will be brought or sold by worldtradex even if no buyer or seller is lined up. Please note that the list of payment methods below depends on the worldtradex Entity and the client’s Country of Residence. It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results.
worldtradex Shares Account
Most brokers do not charge an excessive amount of money for this operation. Consequently, you are billed more for non-trading actions on your trading accounts, such as deposits and withdrawal. Many less reputable brokers try to pressurise users Worldtradex forex brokers reviews into larger funding for premium services.
What is the maximum leverage available on worldtradex?
- worldtradex overnight fee or the fee that a trader pays in case the position is opened longer than a day and is agreed through a swap contract that comes as a cost.
- worldtradex, however, does not apply additional charges on Islamic Accounts.
- We aim to provide you with all the information in this worldtradex review you need to determine if worldtradex is the right fit for you.
- worldtradex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like worldtradex to maintain licenses and operate in certain jurisdictions.
By offering comprehensive customer support and educational resources, worldtradex aims to empower traders with the knowledge and tools they need to make informed trading decisions. worldtradex is a globally recognised forex and CFD broker that has been serving millions of clients since 2009. With its client base spread across over 190 countries, worldtradex has managed to build a strong reputation in the trading industry.
Compare Brokers Similar To worldtradex
- In accordance with the organization’s privacy regulations, customer information is never to be shared with some other institutions or individuals.
- 🛡️Regulated and trusted by the Financial Services Commission (FSC)🛡️6762 new traders chose this broker in the last 90 days.🛡️Available for global Traders.
- We are impressed with the selection of educational videos, platform tutorial videos, whilst the worldtradex Live video feed is a service you will very rarely see with rival brokers.
Overall, worldtradex’s account offerings exhibit versatility and inclusivity, catering to a wide range of traders’ preferences and needs. While learning, you can also use global trading times to practice making live buy or sell trades using worldtradex. This hands-on experience can help you gain confidence and become more comfortable with trading. To open a trading account with worldtradex, individuals can sign up on the worldtradex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. It’s essential to remember that the payment methods provided by worldtradex vary based on the worldtradex entity and the worldtradex client’s country of residence.
Spreads start at 0.6 pips on EUR/USD for the two commission-free accounts, while the Zero account offers 0 pip spreads but charges commission. If you require an Islamic account, worldtradex offers swap-free options to accommodate your needs. When you trade with worldtradex, you’ll have access to a vast array of asset classes including forex, stock CFDs, indices, commodities, precious metals, energies, shares, cryptocurrencies, and futures. To make your trading experience seamless, worldtradex offers user-friendly MetaTrader 4 and MetaTrader 5 platforms, which are highly popular among traders worldwide. Besides the 1000 + CFD products covering a range of asset classes, and regulators including the CySEC, FCA, ASIC, IFSC, and DFSA, you can open an account with a minimum deposit of $£5. The award-winning broker also offers a combination of low spread- high leverage, MT4/MT5 platforms, multiple funding methods, and 24/5 customer support.
worldtradex Group has evolved into an online multi-asset broker offering 57 currency pairs and 1000 CFDs. Five CFDs on cryptocurrencies are also offered covering Bitcoin, Dash, Ethereum, Litecoin and Ripple. worldtradex is an online broker and trading website that allows clients to trade a range of assets. 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.
They also have worldtradex web trader which allows you to trade through your web browser without the need to download any software. worldtradex accepts other local payment methods depending on your location. Multiple payment methods are available depending on the worldtradex entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc.
Email Support at worldtradex
This model allows worldtradex to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. However, worldtradex is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders. For more experienced traders, the Zero accounts offer commission-based trading with lower spreads.
To facilitate smoother withdrawal processes, keep your Know Your Customer (KYC) information up to date. This helps in verifying your identity and expediting withdrawal requests. It’s important to note, though, that using the platform doesn’t automatically ensure profitable outcomes. worldtradex complies with global regulatory laws, and safeguards its clients’ funds by keeping them in separate bank accounts. worldtradex stands out for its Islamic trading options, offering a dedicated Islamic account that adheres to Sharia law. This account type does not charge swap fees, which are considered a form of interest and thus prohibited in Islamic finance.
There is also a multi-currency tester, alerts, and an internal mailing system. You can use MetaTrader 4 to manage your trade history in the database, including importing and exporting. There is also an internal mailing system and a guarantee of full security and backup. Spreads on this platform start at just 0.6 pips and there is the option of micro lots. You can view all the specific instruments available for trading on the individual asset pages.
Has worldtradex won any industry awards?
worldtradex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of worldtradex going into insolvency. worldtradex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like worldtradex to maintain licenses and operate in certain jurisdictions.
At worldtradex there is a Demo Account facility that gives you a virtual balance of $100,000 to play around with and find your feet. The demo account has an unlimited duration, giving you all the time you need to get prepared for trading a real account. Traders who are new to the game and are cautiously just finding their feet may prefer the option of the Micro Account.