20 Mar Forex & CFD Trading on Stocks, Indices, Oil, Gold by worldtradex
By using our LiveChat, you agree that any personal data provided via LiveChat will be processed by us, as per our Privacy Policy, for the purpose of receiving assistance from our Customer Experience team. Every client, regardless of account size, gets access to the same excellent trading conditions. Everyone who chooses worldtradex has the same opportunity to pursue their investment goals. Login with your email if you just registered, or you already have an worldtradex profile.If you don’t have an worldtradex profile yet, enter your MetaTrader credentials to proceed with creating one. The worldtradex profile consolidates all your trading accounts under the same email, allowing you to login with your email address. Trade with a multi-regulated broker that has built long-standing partnerships with top global banks to ensure your funds are always secure.
worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries. In all my time being a trader, this is the one broker that I can vouch for that doesn’t manipulate its charts and is honest with its operations. Not saying that there are no other honest brokers; I am only saying this is one of the honest ones. The broker has about 10M traders using their platform, which says a lot about their honesty. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker.
Bonus and promotions
Popular crypto pairs are available exclusively on the mobile app, including BTC/USD and ETH/USD. 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. There are no withdrawal fees with create cards, However, there is a $15 per withdrawal for bank transfers below $200. Get started with the MT4 platform in any way you prefer and enjoy a seamless cross-device experience designed to fit your trading style. Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away.
In general, the spreads offered by worldtradex Global are competitive with other leading forex and CFD brokers in the industry. worldtradex provides a wide range of trading instruments, including more than 50 currency pairs (7 Majors, 21 Minors, and 27 Exotics), up to 100 traditional stocks (regional restrictions apply), 12 turbo stocks and more than 1300 stock CFDs. Additionally, worldtradex provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. Deposits into worldtradex trading accounts can be made in various currencies, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR and USDT. It is possible to make deposits in other currencies outside these listed but there will be exchange fees. 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.
While both worldtradex entities provide a comprehensive range of trading options, specific offerings may vary due to different regulatory requirements. Additionally, worldtradex takes measures to protect client funds by storing them in segregated bank accounts across various locations. This practice ensures that clients’ money is kept separate from the company’s operational funds, which is designed to protect clients’ investments, particularly in the event of financial difficulties faced by the broker. worldtradex is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources. While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders. If you’re thinking of using worldtradex, just keep these potential challenges in mind and evaluate how they align with your trading goals and risk tolerance.
Spreads/Commission in Forex
This could impact transparency for traders seeking detailed financial information. worldtradex also provides negative balance protection and segregates client funds for EU and non-EU customers, helping to safeguard your funds from excessive losses and misuse. If you already have an worldtradex account, please state your account ID so that our support team can provide you with the best service possible.
DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Please note, some markets may only be available via CFDs or other derivatives. Although it took a few hours to get a response, the reply I received was detailed, with step-by-step instructions that made the process easy to follow. An economic calendar also helps to keep you informed about upcoming events that can cause market volatility.
Deposits & Withdrawals
worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat. In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews. However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours. worldtradex provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region.
To qualify for the Free worldtradex VPS, traders must maintain a minimum balance of $500 and trade at least 2 standard lots or 200 micro lots per month. Once the requirements are met, traders can request access to the VPS, which is located in London, UK. When it comes to trading fees, worldtradex Global charges a variable spread on its forex and CFD instruments. The spread is the difference between the bid and ask price of an instrument, and it varies depending on the instrument being traded.
Data safety
worldtradex offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers). The Ultra Low Micro and worldtradex Ultra Low accounts offer commission-free trading with floating spreads starting from 0.8 pips, typical of many other brokers we’ve analyzed. worldtradex also offers demo trading accounts, providing a risk-free environment in which to explore its platforms and available assets. worldtradex Margin CalculatorThe worldtradex Margin Calculator is a powerful tool that allows traders to calculate the margin required to open and maintain a position in the forex market. Margin is the amount https://worldtradex.blog/ of money required to open a position, and it is used to ensure that traders have enough capitals to cover any potential losses.
- Compare worldtradex with the top 3 similar brokers that accept traders from your location.
- worldtradex Global provides technical summaries of various instruments, including forex, stocks, commodities, and indices.
- To deposit funds and start trading, I had to complete the standard KYC procedure by submitting Proof of Identity (POI) and Proof of Residence (POR).
- If you already have an worldtradexTrading account, please state your account ID so that our support team can provide you with the best service possible.
- Its support for MT4/5 platforms, competitive fees, comprehensive educational resources, and reliable customer support cater to a wide range of trading needs.
- This commitment to education would ensure novice traders have the tools and knowledge to navigate the financial markets confidently.
- BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences.
- It allows users to run their trading platform and expert advisors (EAs) on a remote server, which is connected to the internet 24/7.
- Our broker ratings are also informed by the experience of our researchers during the evaluation process.
worldtradex Global provides traders with trade ideas based on technical and fundamental analysis. Traders can use these trade ideas to make informed trading decisions and potentially increase their profits. worldtradex Global provides a comprehensive overview of the markets, including forex, stocks, commodities, and indices. Traders can use this information to stay informed about market trends and identify potential trading opportunities. worldtradex Global offers competitive spreads on a wide range of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies.
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. While it may offer fewer commodities and cryptocurrencies than some market leaders, its overall offering remains competitive, particularly with its extensive stock CFDs and currency pairs. Minimal withdrawal amounts, however, will depend on the transfer type and are typically a little higher. Increase your trading power with every deposit and make every trade count – T&Cs apply.
Fees
If you’re an avid trader in the forex market, you know that accurate calculations are essential to your success. Calculating values such as pip values, margins, and profits can be time-consuming and complex, but fortunately, worldtradex Global has made the process easier with its collection of forex calculators. worldtradex Global offers a vast library of educational videos that cover a range of trading topics. These videos are created by industry experts and cover everything from basic trading concepts to advanced strategies. Traders can access these videos at any time and learn at their Worldtradex courses scam own pace.
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