Clients who still need to meet the eligibility requirements can access the VPS by requesting it in the Members Area for a monthly fee of $28. This fee will be automatically deducted from their MT4/MT5 accounts on the first day of each month. Both platforms are available in desktop, mobile (iOS and Android), and WebTrader versions, allowing trades to be executed from anywhere. Disappointingly, there’s no support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and worldtradex.
The broker also waives deposit and withdrawal fees, although bank transfers might incur a small fee. I expected worldtradex to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, worldtradex caters primarily to a broader range of traders.
Magnify Your Trades
You can use either of these two platforms, depending on the asset you are trading. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account. This commitment to education would ensure novice traders have the tools and knowledge to navigate the financial markets confidently. worldtradex provides various high-quality and enjoyable educational content aimed at beginner traders to help them build their trading knowledge and skills.
Beginners also have an opportunity to interact and learn from experienced traders on the broker’s trading platform. worldtradex forex broker also provides comprehensive educational content, low spreads and fees and has high quality account protection; however, there is no investor protection for clients outside the EU. With that said, let us review worldtradex broker and all the key features of the platform. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
DiscoverForex Trading
You will need to provide accurate information as these will be verified later using a government-issued ID. There are several account types available and you can choose whichever suits you during the signup process. As a trusted broker, worldtradex is regulated by tier-one regulatory bodies and takes measures to guarantee the safety of your funds and information. worldtradex is good if you want to open an account and start trading quickly.
Established in 2009, Australia-based worldtradex has a proven track record as a reliable broker. Known for its efficient trading services, quick execution speeds, and secure trading environment, worldtradex has garnered a positive reputation among our traders and industry experts. Significantly, 99.35% of trading orders are executed in less than one second, reinforcing our resolve to offer swift and seamless trading experiences without re-quotes and rejections. It serves as a beacon of ethical trading conditions, ensuring equitable treatment and offering identical trading conditions to all https://worldtradex.space/ clients, regardless of their investment scale or the nature of their account. We adhere to a stringent no re-quotes and no rejections policy, manifesting our commitment to providing a trustworthy trading experience.
- worldtradex is an FX brokerage that was founded by Trading Point Holdings in 2009.
- worldtradex broker allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform.
- My only criticism is that there needs to be a localized direct telephone line or a call-back feature, a service offered by ActivTrades.
- These regulatory bodies include the Financial Services Commission, ASIC, and CySEC.
Enlightening and Empowering Traders
Compare the markets and instruments offered by worldtradex and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Watch my video walk through of the worldtradex app below to see how it looks and feels, as well as how to place a trade. If you’re seeking a broker without inactivity fees, Vantage might be a suitable alternative.
Minimal withdrawal amounts, however, will depend on the transfer type and are typically a little higher. Since its inception in 2009, worldtradex has exponentially evolved, marking its presence as a prominent and well-established international investment firm. Boasting over 10 million clients, worldtradex stands as an indisputable leader in the industry, reflecting its relentless commitment and professional prowess in the realm of finance. What we advertise is what we give our clients, regardless of the size of their investment. Now available – For clients with an equity of less than $40k – T&Cs apply – Read more. Trade with full flexibility on one of many platforms, including the worldtradex App.
These tools will help you learn how to trade on worldtradex trading platform even if you are a first-time user. We found different worldtradex trading platforms to meet the needs of traders with different levels of experience. Furthermore, the broker provides access to desktop and webtrading via an MT4 MultiTerminal and an MT4 webtrader for PC and Mac, respectively. Investor protection is important because it provides confidence to potential investors that their money is safe and protected.
Is worldtradex Suitable For Beginners?
The mobile trading platform allows traders to gain access to multiple tradable assets, including forex, crypto, and CFDs. worldtradex broker offers a suitable trading environment for both novice and experienced day traders. Its support for MT4/5 platforms, competitive fees, comprehensive educational resources, and reliable customer support cater to a wide range of trading needs. When it comes to education, worldtradex does a great job of teaching both new and experienced traders several strategies and approaches to trading financial markets. If you are a new trader, you can learn by watching videos on the platform in the Beginners Room, then practicing with a worldtradex demo account. The educational videos are valuable as they contain useful information and insights.
From our worldtradex forex review, we discovered that the account opening process is quite straightforward, with abundant educational content available for free. worldtradex embraces cultural, national, ethnic, and religious diversity and aligns its advanced trading platforms and flexible trading conditions to a diverse global clientele. worldtradex is an FX brokerage that was founded by Trading Point Holdings in 2009.
The webtrading terminal https://worldtradex.site/ offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. Commissions are fees charged by a broker for processing transactions and trades. Commissions can be a fixed amount or a percentage of the value of a trade, depending on the broker.