worldtradex offers a variety of exciting promotions and bonuses to enhance the trading experience. With incentives like a $50 referral bonus for inviting friends, a Grand Birthday Raffle with prizes like a Porsche Cayenne, and cashback rewards based on trading volume, there’s something for everyone. The Financial Commission is an independent mediator ensuring transparency in financial services and offers compensation of up to €20,000 per trade claim.
High Leverage and Diverse Asset Selection
After this process is done and everything is verified, users will be able to withdraw their funds. Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income. worldtradex is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
The sentiment indicator uses data from the worldtradex client base to show the buyer-seller ratio for each trading instrument. A reading of less than 30 indicates that it is oversold, and one of over 70 suggests that it is overbought. worldtradex has an active YouTube channel, providing video analysis to complement its written market commentary. The Analytics in 3 Minutes series focuses on the US dollar and covers major market themes such as central bank policy. Head of Analytics Tim Deev does a good job of explaining key economic data and major support and resistance levels. worldtradex offers a swap-free Islamic account that adheres to the principles of Sharia law.
But mobile apps come with downsides as they are generally limited by the number of available indicators and analysis tools. worldtradex offers 539 total trading instruments in different asset classes. This is a very competitive number for assets as traders can trade almost all popular instruments, from Forex to cryptos, with high leverage to boot. Other interesting instruments offered include cryptos, metals, ETFs, and two bonds. If you choose FIXED or STANDARD account types, the minimum deposit is $100, €100, or ₽7000. For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000.
Customer reviews
Deposits are processed instantly (or within an hour for Bitcoin), while withdrawals typically take up to 24 hours. worldtradex’ fee structure is highly competitive, with varying spreads and commission models to accommodate different trading styles. Yes, the Fixed account offers fixed spreads starting from 3 pips with no commissions. worldtradex also offers a 20% bonus for switching brokers, deposit matching, and even the chance to earn real cash from demo trading. Plus, they cover deposit fees and commissions with their 0% commission offer, making it even more rewarding to trade.
We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. At TopBrokers, we have a range of resources and comparisons to help with such decisions. We also have many guides for trading, such as counter trading strategies in forex. Our aim is to share as many insights as possible, making trading more comfortable and successful. It’s about developing a solid strategy, managing your risk, and continually educating yourself about the markets. Forex risk management is crucial, especially when dealing with high leverage.
However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing worldtradex terms and conditions to understand the commission fees and any other charges that may apply is essential. A minimum deposit is the minimum amount of money required by worldtradex to open a new online brokerage account with them. worldtradex requires a minimum deposit of 100 GBP/USD/EUR when opening an worldtradex trading account.
The broker’s website publishes fresh analytics from worldtradex and Forex market news. All the relevant information is collected in the “Analytics” section. worldtradex provides free trading signals from third-party Autochartist. Autochartist automatically identifies chart patterns and key price levels, using this information to predict the most likely direction of the trend. worldtradex provides a steady flow of market-moving stories via the FXStreet Newswire published on the website. Reports are focused mainly on major economic releases but also include data on key price levels from respected sources such as SocGen.
Commodities
Pros can use the Demo account to test their trading strategies before applying them to real markets. Each of these accounts has got some https://worldtradex.live/ advantages and disadvantages according to spreads and fees. Yes, worldtradex offers ECN (Electronic Communication Network) accounts, providing direct market access with tight spreads and fast execution. worldtradex offers support services in multiple languages, including English, Russian, German, Spanish, and others, which makes it a convenient platform for traders from diverse backgrounds. These platforms are ideally suited for Forex trading and are equally convenient for beginners and experienced traders.
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
- Because of this, brokers should offer different account types to appeal to all trader types.
- MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005.
- Strategies are set up in the broker’s Client Area, and copying occurs automatically.
- The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
In addition, currency conversion fees may apply if the worldtradex withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these worldtradex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises Worldtradex scam when transferring your worldtradex funds. As a trader, you should feel confident that your financial investments are in good hands with worldtradex.
Customer Reviews
There is no use in rushing the process as it will only lead toward the wrong decision. Time and effort is key, and reading reviews and comparisons is a positive first step. For residents of countries which this broker doesn’t accept, there are several other notable options to consider. A competitive ECN trading environment with audited and verified order execution. Between 74-89% of retail investor accounts lose money when trading CFDs.
- The payment system might also deduct the fixed commission on withdrawal.
- At worldtradex, it is the “Client Agreement” located in the “Regulatory Documents” section of the site.
- The three commission-based options feature relatively high trading fees, between 1.3 and 3.0 pips or $13.00 to $30.00 per 1.0 standard round lot for a minimum deposit of $100.
- Yes, both platforms are available for iOS and Android, allowing you to trade on the go.
- With its powerful features and easy-to-use interface, Autochartist is an essential tool for worldtradex traders of all experience levels.
The likely reason for this is that this broker doesn’t offer its services to many European countries, and the USA and Australia. Founded in 2007, this company has a range of features for all trading needs. By the end of this worldtradex review, it will be easy to make an informed choice. The secure and user-friendly back office handles all financial transactions for verified traders, and nine payment processors exist.
Moreover, the company covers any deposit fees charged by the payment system. No commission is charged for depositing funds into worldtradex – the broker fully covers all commissions of payment systems when funding an account. However, a commission may be taken by the payment provider when withdrawing funds. worldtradex does not charge additional commissions for withdrawing funds. A bonus offer from worldtradex is the transfer of profits from a demo to a real account. worldtradex is a full-service broker in the Forex market, offering a comprehensive range of services.
This bonus is fully tradable, allowing traders to open larger positions and support their live trades. However, while the bonus boosts trading leverage, it cannot be withdrawn at all. worldtradex places a paramount emphasis on trust and safety, strictly adhering to global compliance standards to protect its traders. The platform employs state-of-the-art security measures to safeguard both personal data and client funds, ensuring that all transactions and information are securely managed.
Fast support and friendly when needed…
You need to undergo identity verification for full-fledged work with a live account. This requirement of financial regulators applies to all legal brokers, including worldtradex. This review is crafted to serve as a reliable source of information for current and prospective investors seeking detailed data on worldtradex.
