Anyone, whether or not they are a client of worldtradex, can access the Primary Education Room. This room focuses on fundamentals, basic concepts, opening accounts, and trading, among other topics. Compared to other brokers, worldtradex does an excellent job of offering webinars. They are available 7 days a week from 37 webinar instructors and in 19 languages.
- This is especially useful for traders who use automated trading systems and advisors and wish to ensure the continuous operation of their strategies.
- worldtradex is regulated by tier-one financial regulatory agencies, which ensure that it adheres to best practices when dealing with clients.
- I expected worldtradex to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size.
- With a diverse range of account types and instruments, worldtradex caters to both beginner and advanced traders.
worldtradex fixed spreads are higher than a variable ones, as well are more flexible to different trading strategies. That means all trading costs are calculated into a spread with no hidden fees and tight spread offering. 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. worldtradex offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers).
Web Trading Apps
If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. I would always prefer to trade with a regulated broker as it gives me the peace of mind that my funds are safe. However, keep in mind that different regulators have different levels of protection. I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. worldtradex Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC).
Withdrawal Options at worldtradex
It appeals to traders at all levels, from beginners to seasoned professionals. While it offers a user-friendly experience and competitive trading conditions, potential users should be aware of its limited cryptocurrency offerings and inactive account fees. worldtradex.com remains a strong contender in the Forex and CFD trading market, offering a reliable and feature-rich platform.
What Trading Platforms Can You Use With worldtradex?
Another entity Trading Point of Financial Instruments was established in 2015 in Australia and is regulated by the Australian Securities and Investments Commission (ASIC). Read more, why trade with Australian Brokers by the link so Worldtradex reviews the regulatory obligations are covered at a sustainable level as we see through our worldtradex trading Review. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points. worldtradex is good if you want to open an account and start trading quickly.
BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences. worldtradex also offers demo trading accounts, providing a risk-free environment in which to explore its platforms and available assets. worldtradex Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices. worldtradex generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, worldtradex charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees.
Just 1200 mxp will give me 400$ trading credit, which is just a free account with money basically.. Also the profit made there can be withdrawn, so the possibilities here are a lot. worldtradex is a famous broker, so I didn`t have any doubt and hesitation to start trading with them. It was convenient to trade on both app and MT5 web platform, combining the charts analysis on the web with the opening of the positions through my smartphone. I could choose the leverage and quite low lot sizes that was an accessible way to trade, even though my account wasn`t large. Very clean charting and analytical process is so easy with the webtrader.
It also includes education about various analysis tools, like Bollinger Bands and the Avramis Ribbon. The research section includes highlights and links to the subsections. The right side of the screen shows some of the most common assets and their current spreads and prices. It is also worth noting that MetaTrader 4 and MetaTrader 5 are very widely used. As such, there are also numerous support and educational materials available online from third parties. There are more than 80 technical analysis objects plus more than 40 analytical objects.
Best Trading Brokers
The worldtradex Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes. I think it is great for finding trading signals and can save you hours by automatically scanning the markets on your behalf. It is also a great solution if you don’t https://worldtradex.pro/ have the knowledge or experience to decide which way the market is moving.
Yes, worldtradex provides VPS (Virtual Private Server) services for its clients, which can help improve trading performance and connectivity. To delete your worldtradex account, you need to contact worldtradex’s customer support and request account closure. worldtradex makes money through spreads on trades and potentially through other fees such as overnight financing charges. All versions of the trading platforms can be downloaded from the worldtradex website.
- I like the well-structured approach to research and rate the worldtradex research section among the industry leaders.
- The support team is responsive and knowledgeable, catering to traders’ needs in multiple languages.
- The Ultra Low account with below-market average spreads makes the fees more attractive to some traders.
- This includes pros, cons and an overall rating based on our findings.
- Yet, the trading instrument range is different based on entity conditions, alike under its worldtradexGlobal brand, Broker provides a selection of 60 cryptocurrency pairs for trading.
- It was convenient to trade on both app and MT5 web platform, combining the charts analysis on the web with the opening of the positions through my smartphone.
Here at Forexbrokers.net, we take pride in helping our readers find the best possible financial service providers and avoid fraudsters. We have a team of experienced professionals dedicated to providing accurate and up-to-date information. Our reviews are unbiased and comprehensive, and we always look for new brokers and products.
Trading Conditions
worldtradex’s commitment to no hidden fees extends to deposits and withdrawals, which are free of charge. However, a floating commission is applied to positions held overnight, known as the swap rate, which varies according to market conditions. worldtradex’s commitment to providing a comprehensive trading experience is further evidenced by the integration of professional third-party tools, ensuring traders have access to high-quality resources and information.
There are free and regular intra-day market updates plus technical analysis. There is also multilingual customer support plus Personal Account Managers. worldtradex offers a modern and easy-to-use trading platform that works well for traders at all levels. The layout is straightforward, making it easy for beginners and experienced traders to find their way around. There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn. worldtradex is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus.
However, it’s important to note that some of the products we discuss are from our partners. My only criticism is that there needs to be a localized direct telephone line or a call-back feature, a service offered by ActivTrades. 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. When it comes to trust and security, worldtradex has taken significant steps to establish itself as a regulated and secure broker. Read our full explanation and accounting of our research and testing process to learn more about how we test.
