worldtradex offers Nasdaq under the symbol “NAS100” as a CFD on Indices with bid/ask spreads starting at 1 pip. In our experience, customer service is responsive but could be improved by providing more personalized assistance. Furthermore, our interactions with their customer service have been consistently positive, reinforcing the platform’s reputation for providing excellent customer service. Furthermore, the platform’s dedication to transparency can be seen in its monthly execution reports, which include detailed statistics on slippage and trade execution quality. Rebates are based on the USD notional volume achieved during a calendar month. No, worldtradex does not levy fees for failing to meet the minimum deposit requirement.
worldtradex Review 2025: Is worldtradex Good For Beginners?
Sierra Chart is a professional trading platform for the financial markets, compatible with many externally available trading services. QuantConnect provides a comprehensive IDE designed by algo traders for algo traders. Built on the Lean Algorithmic Trading Engine, an open source cloud-based trading platform designed in C#. QuantConnect not only provides a design-environment it also connects some of the most sophisticated algorithmic traders in the open-source community together. QuantConnect provides take care of the API integration so that you can focus on strategy development through the use of its back-tester, Jupyter notebooks and in-house research. Capitalise.ai is a powerful tool for traders and investors and allows to automate the trading based on a pre-defined trading strategy.
worldtradex’s mobile trading apps are recommended, offering robust features that ensure traders can manage their accounts and positions from anywhere. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex Worldtradex review brokers. Before making any trading related decision, contact a local professional financial advisor.
Charting Tools
worldtradex offers access to a wide array of financial instruments, catering to the diverse needs of traders. This comprehensive range includes forex pairs, indices, commodities, stocks, and cryptocurrencies. Such variety enables traders to diversify their portfolios and capitalize on different market opportunities. Specifically, worldtradex provides the ability to trade over 40 forex pairs, encompassing major, minor, and exotic currencies. Additionally, traders have access to popular indices such as the NASDAQ and S&P 500, along with essential commodities like gold and oil. Cryptocurrencies are also available through CFDs, allowing traders to engage with the volatile crypto market.
- Below is the table comparison of what each trading platform has and what clients can expect when signing up with worldtradex and using each.
- When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all worldtradex clients.
- ✅Submit the withdrawal request, funds should be in your e-wallet within one to two business days.
- However, Malaysian traders should be aware that demo accounts do not replicate the same level of market liquidity found in real trading accounts.
Does worldtradex charge commission on trades?
At the home area the first thing you’ll notice is that your account financials are clearly presented at the top of the screen. When it comes to platforms, worldtradex is definitely well served when compared to any other competitor out there. It is always best to check on the deposit page which payment methods are allowed in your location.
- This includes all of the available order types, streaming live prices, managing your positions, downloading historical instrument rates, getting account reports, and more.
- It is worth mentioning that you can get a free VPS from other brokers including IC Markets.
- Not only does worldtradex offers a choice of 4 trading platforms (2 of them the best social trading platforms) the broker also offers 7 speciality platforms.
- Traders strongly prefer TradingView Pro due to its advanced charting capabilities and social networking features.
The trading instructions are accessible on their website and include subjects ranging from forex basics to sophisticated trading tactics. However, withdrawals, particularly via bank wire, may incur costs depending on the method and area. Yes, the broker periodically alters leverage and margin limits in response to market circumstances and regulatory guidelines. Should account equity dip below liquidation margins, active trades will be terminated to prevent further loss. Forex leverage and margin are indispensable for traders seeking to establish substantial positions with a small amount of initial capital. Yes, they allow traders to trade share CFDs with access to over 200 business shares.
It will help to remember that brokers may not be allowed to trade in specific regions depending on the entity where they operate, regulatory authorities, laws, sanctions, etc. Lastly, you will be prompted with a risk and disclosure notice, and your trading account will have then been created. After clicking proceed, you will be given your account details, but you will still need to verify your identity, and you are prompted to do so here. The last step in the registration process of opening a trading account is to fill out a security question, provide your password, and agree to the terms and conditions. Here you will see the country you selected, and now you will also need to select the trading platform you wish to use. This tutorial will show you how to open an account through the global brand with the website worldtradex-markets.com.
The broker has 2 support email addresses that give you access to general or account-specific inquiries. You can even contact the worldtradex trading desk and place orders directly if you have a problem such as no Internet access or a failure to connect to an worldtradex server. When a trade necessitates currency conversion, this broker imposes fees for such alterations. These expenses hinge on the exchanged amount and are assessed as a nominal markup over the prevailing exchange rate. However, withdrawing money may involve fees, especially for those conducting international bank wire transactions. These fees are standard in the industry but strive to be competitive, keeping costs low for long-term holdings.
Forex Trading: Forex CFD Broker
TradingView is a powerful technical analysis tool for both novice and experienced investors and traders. It is reliable, comprehensive, and has most of what you need day-to-day when trading. You can perform distraction-free trading and investing, with more charts, intervals and indicators.
worldtradex Protection of Client Funds
Besides this live account, there’s also an Active Trader account that is designed to provide tighter spreads and more elite features to high-volume traders. On top of that, there’s also a free demo account that provides you with 20,000 USD worth of virtual funds (50,000 EUR in Europe). We found worldtradex’s fee structure to be very competitive, especially with an average EUR/USD spread of 0.74, which is below the industry standard of 1.08.
How Are Execution, Leverage And Position Sizing With worldtradex?
worldtradex’s signals remove uncertainty from trading decisions and promote consistency. They are available for 40 currency pairs and come with entry price suggestions, stop-loss, and take-profit levels. Traders can enjoy these benefits through a 14-day trial for Live Accounts.
Moreover, this is tied to the standard account that all clients will open and only becomes available once these quotas are met. worldtradex no longer accepts U.S. clients because it had to pay $7 million in 2017 and give up its registration with the U.S. Commodity Futures Trading Commission (CFTC) for failing to disclose a deal with a market maker to its clients.
Regular forex trading accounts calculate rollovers at 5 pm EST, where open positions are carried over to the next business day, with corresponding interest adjustments. In addition, residents of the United Kingdom and Ireland have access to various pricing options, including the possibility of a Tax-Free account with tight spreads and no commissions. The Active Trader account’s intention is to cater exclusively to traders demonstrating unwavering dedication to their craft.
It also maintains six specialty trading platforms for algorithmic traders and Capitalise AI. Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties. The broker’s intuitive and easy-to-navigate website provides all the information you’ll need to open an account and begin trading in several markets. You can also open a demo account to test the broker’s services and platforms before committing any funds.