No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app. The broker’s login process begins with a visit to the official site, worldtradexfx.com, on desktop or a click of their app on mobile.
- Here you can benefit from the ICF insurance protections provided in the case of bankruptcy or insolvency.
- Please leave your comments at the end of this review to help us improve but more importantly help other traders make informed choices.
- Look out for corporate announcements from major companies in the index you are trading or check out the economic calendar to find relevant events.
- If account balances become negative due to Stop-Out, worldtradexFx compensates the account by adjusting the account balance to zero, ensuring the risk is limited to only deposited funds.
Space is a unique live feed designed by worldtradex to get you fresh trading ideas right in the worldtradexTrader trading platform. Learn about the current trends on different markets from the worldtradex experts and open orders right on the same screen to save time and effort. worldtradexFX operates under several regulatory authorities to ensure that traders are protected. The broker’s primary regulation is provided by entities in reputable jurisdictions, ensuring that their services adhere to high standards of safety and fairness. Access to these resources is provided to both Demo and Live account holders.
worldtradexFX Cashback Rebates Features and Conditions
- However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body.
- The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders.
- It’s important to note that minimum deposits and trading costs will also depend on which worldtradex entity you choose for establishing your trading account.
The deposit methods available to you when trading with worldtradexFX will depend on where you live, but wire transfers, major credit/debit cards, and eWallets such as Skrill are typically available worldwide. worldtradexFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Here are a few of the worldtradexFX account types you can look forward to trading with once you get started.
MetaTrader 4 trade execution modes
Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. Matching your base currency to that of your deposits and withdrawals can be an important way to help you save on paying conversion fees which ultimately increase your cost of trading.
How can I withdraw funds from my worldtradexFX account?
worldtradex, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety. Bonuses of 10%, 20% or 50% can be claimed on each deposit with worldtradexFx but there are even bigger bonuses available during holidays and other limited-time events. With a rating of 4.4 out of 5 after 3.9K+ reviews, the company reputation speaks for itself regarding legitimacy concerns.
A Straightforward Process
Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform. worldtradexFX regularly runs a range of different trading contests through the site with competitive cash prizes. These are a great opportunity to test out new trading strategies in a competitive environment.
While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience. The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly.
This includes a 50% bonus on the user’s margin, which allows you to take on larger positions but as with any broker it is always advisable to thoroughly read the small print before committing. Following its advent in 2005, worldtradex has blossomed to encompass a workforce of over 95 employees – with a suite of trading instruments in their inventory. This review will explain the broker’s fees, online trading platforms, leverage, spreads, deposit & withdrawal options, regulations, investment opportunities, safety features and verification processes. worldtradexfx’s low minimum deposit requirements allow everyone to easily trade. Although the minimum varies per jurisdiction, it is relatively a low sum.
Investment Options worldtradex
The broker claims to offer competitive spreads as compared to other forex brokers. Depending on the market’s volatility, clients can expect to pay a minimum spread of 0.6 pips on trading pairs like GBP/USD and EUR/USD. Commodities like Gold and Silver are on the other hand, tradable on spot for a minimum spread of 1.9 pips and 2.0 pips respectively. Understanding the market reputation of worldtradexFX involves recognizing some of its standout qualities. The platform has garnered numerous positive reviews for its user-friendly interface and robust trading tools, which help you make informed decisions.
The variety allows you to select an account that best aligns with your trading goals. With this knowledge, we created our platform to help you make money through smart and well-controlled investments.
worldtradexFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets Worldtradex scammers they may not be perfect. Finally, worldtradex offers free educational resources such as articles and video tutorials. For more experienced traders, worldtradex provides advanced analytical tools, including charting capabilities and various technical indicators.
Depending on the withdrawal method used, the minimum withdrawal amount is $5. However, customers can withdraw as many times as they wish and withdrawal is free. The trading interface of the mobile app is quite basic, yet it is functional.
The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades. With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away. The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by worldtradexFx. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live.