worldtradex offers a large number of tradable instruments including over 70 currency pairs. worldtradex provides a variety of account types tailored to different trading needs and experience levels. Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. Most of worldtradex’ research is found under the Traders Hub blog section on its website, where it is separated into technical and fundamental analysis.

Whether you prefer trading from the comfort of your desktop or while on the move, MT4 accommodates your lifestyle, ensuring that you never miss an opportunity in the ever-evolving Forex markets. Explore the multifaceted benefits of Forex trading with MT4, a platform celebrated for its extensive functionalities and robust performance. worldtradex extends its realm beyond the borders of Forex, offering an extensive array of CFDs across Indices, Commodities, Metals, and Cryptocurrencies.

Moreover, worldtradex enlarged its proposal and opened several entities in strategic locations including a European Cyprus entity thus eligible for trading proposals within the European EEA zone. Also, worldtradex (PTY) Ltd is a Financial Services Provider authorized and regulated by the Financial Sector Conduct Authority in South Africa. Bonds are fixed-income securities issued by governments, corporations, or municipalities to raise funds. We used the chat service multiple times and consistently received responses within 10 to 30 seconds. The support team was knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed. We also used the email facility and received a prompt response within 15 minutes answering all of our questions thoroughly.

Inactivity Fees

They have been on the receiving end of many awards over the years and their platform is very easy to use.

Along with other pending order forms, including sell stop limit and buy stop limit, the platform also features detachable charts and an integrated economic calendar. The worldtradex Desktop MetaTrader 4 (MT4) platform is a solid software  designed for both new and seasoned traders. Four main panels—Market Watch, Navigator, Terminal, and Charts—form part of its easily navigable interface. While the Navigator panel gives access to accounts and Expert Advisors for automatic trading, the Market Watch panel lets users follow their chosen instruments. Platforms available as a Web Trading platform and supporting other versions too. For beginners https://worldtradex.club/ we would strongly advise the Broker for the priceless educational materials worldtradex provides, the availability of Demo Account and Perfectly Organized community and Blog sections.

• worldtradex offers it as a free download for Windows, macOS, and mobile devices.
• You can open a demo account with worldtradex before investing real funds, also have access for trading practice purposes in parallel with Live Trading Account.
• For more cost-conscious and high-volume traders, the Raw (ECN) account offers spreads from 0.0 pips, paired with a $3 commission per lot per side.
• BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you.

Overview of worldtradex’ Trading Platforms

The easiest way to receive answers to your queries is by using the live chat facility. Where withdrawing from your worldtradex balance is concerned, you can resort to options like cards, the above-mentioned digital wallets, Fasapay, bank wire transfers, Paytrust88, and Ngan Luong. As for the timeframes, deposits are either instant or take up to 1 business day depending on which method you use. Iress Trader is a true leader when it comes to DMA (Direct Market Access) execution.

worldtradex Live Accounts

Yes, worldtradex provides a range of educational resources, including webinars, tutorials, and trading guides. They offer negative balance protection which ensures that clients Worldtradex company reviews cannot lose more than their account balance. However, this protection is not universally available and applies only to certain clients based on their jurisdiction.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. For traders using the Iress Trader or ViewPoint platform, a monthly platform fee of AU$ 55 applies, though it’s refunded upon completing three trades per month.

Trading Fees and Other Costs

The minimum deposit required to open a Standard or Raw trading account is $100 or the equivalent in another currency. For traders using the IRESS platform to trade shares, the minimum deposit is significantly higher at $1,000. worldtradex provides its clients with a comprehensive suite of trading platforms designed to suit all levels of experience and trading styles. Whether youre new to the markets or a professional trader, the broker ensures a seamless trading experience across desktop, browser, and mobile environments. Specializing in ECN pricing and fast execution, worldtradex provides access to a broad range of instruments including Forex, shares, commodities, indices, and cryptocurrencies.

• They offer 15 Index CFDs, including popular choices like the US100, US500 and UK100.
• However, for deposits exceeding $10,000, worldtradex will reimburse any third-party bank charges.
• No, worldtradex does not accept clients who are residents or citizens of the United States.

This comprehensive offering makes worldtradex a versatile platform for both individual and wholesale traders. worldtradex uses ECN execution with a fiber optic connection to a high-end server at the NY4 Equinix facility in New York. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Yes, worldtradex provides a VPS service, particularly beneficial for traders using automated strategies or expert advisors (EAs), with free VPS available to high-volume traders.

It’s a testament to worldtradex’ commitment to offering diverse and advanced trading solutions to its clients. However, unlike other brokers including IG – who impose an inactivity fee ($15 per month) – worldtradex does not levy any such fee, and dormant profiles can be reactivated at any time. While it’s disappointing that worldtradex doesn’t support PayPal, they make up for it by offering the option to fund your account with cryptocurrencies such as USDT, BTC, ETH, and LTC. This unique feature sets worldtradex apart from the majority of other brokers that don’t offer crypto funding.

Beyond Forex: A Spectrum of Trading Opportunities

The proprietary calendar aggregates data from 35 countries and ranks events by impact (Low/Medium/High). The ‘Filter’ tab allows you to select only the currencies or indices of interest, and the time is automatically converted to the user’s time zone. All instruments are traded as CFDs, allowing for both long and short positions. For the Standard account, there is no separate commission; costs are fully incorporated into the spread.

Security of Funds

Lastly, Instruments are mainly based on CFDs and there is no real Investment in Stocks or Shares available, yet it is not a big Con since worldtradex specializes particularly as CFD trading provider. Share market trading involves buying and selling shares of publicly listed companies to profit from price fluctuations. worldtradex prides itself on providing traders with fast and hassle-free withdrawal processing. The broker does not impose any withdrawal fees, ensuring that traders can access their profits without incurring unnecessary expenses. Once the account is approved, traders gain access to a comprehensive suite of trading tools and resources. The tools are made to empower traders to make informed trading decisions and capitalize on market opportunities.

If you have traded with worldtradex we would really like to know about your experience – please submit your own review. This average customer rating is based on 1 worldtradex customer reviews submitted by our visitors. These regulatory authorities oversee the operations of worldtradex to ensure compliance with financial regulations and the protection of investors’ interests. worldtradex houses most of their own research materials in the Traders Hub section of their website, categorized into technical and fundamental analysis.

This is not a common practice as many large brokerages do penalize their customers for inactivity. Here is how the average spreads for major forex pairs traded via Standard accounts at worldtradex compare to those offered by other brokerages. Iress ViewPoint/Trader is a professional terminal offering direct DMA access to over 10,000 stocks and ETFs on more than 15 exchanges. The platform provides Level II Market Depth, streaming quotes, algorithmic trading via API, and integrated screeners. Commission depends on the chosen tier (Standard, Platinum, Premier) and trading volume; the platform fee is only applied if the monthly equity commission does not reach 150 AUD.