In this section, we’ll delve into the details of worldtradex’s trading platform, account types, and fees. worldtradex offers comprehensive customer support to ensure a smooth trading experience for all its clients. The support team is available 24/5 and can be reached through multiple channels, including live chat, email, and phone. worldtradex aims to provide quick and efficient assistance, with response times typically being fast, ensuring that issues are resolved as soon as possible.
worldtradex Leverage and Risk
Additionally, worldtradex covers all bank transfer fees fortransactions over $200, ensuring that clients are not charged any hidden feeswhen moving funds. worldtradex regularly offers various promotionsaimed at boosting traders’ capital and enhancing their overall tradingexperience. These promotions can be especially beneficial for new clients orthose looking to maximize their trading potential. worldtradex offers CFDs on global stock indicessuch as the S&P 500, FTSE 100, NASDAQ 100, and Worldtradex review DAX 30. These allow tradersto speculate on the performance of entire markets or sectors, benefiting frommarket trends without owning the underlying assets. worldtradex provides a broad selection of over 50currency pairs, including major, minor, and exotic pairs.
The processing time for a withdrawal request is one business day, which is the standard. However, it should be noted that cryptocurrencies are not included in the list of available methods, which may limit options for some traders. The Ultra Low account with below-market average spreads makes the fees more attractive to some traders. Still, the Standard account with above-market average spreads, swaps, and possible inactivity fees balances out this advantage.
What trading platforms does worldtradex offer?
As they are completely reliant on MetaTrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there. Looking at the worldtradex Zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips. They offer more than 30 language options for their users and they cater for any and all levels of trader.
TradingView
- This design provides a seamless and consistent trading experience across different devices, allowing traders to manage their activities efficiently while on the move.
- This will result in higher trading costs compared to most other brokers we compared.
- By offering variable spreads, worldtradex is able to eliminate the need for an insurance premium.
Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. Boost the potential of your trades with leverage for traders of all levels. You still get the same flexible leverage and no requotes or rejections. Clients of worldtradex have access to either MT4 or MT5, both of which are popular MetaTrader platforms. They are available across devices and you can trade via the worldtradex WebTrader in the browser.
Demo Account:
- Traders can choose from the Standard,Ultra Low, and Shares accounts, but it’s important to note that the availabilityof account types depends on the worldtradex entity under which you register.
- A Forex trading app is a mini version of a full-fledged trading platform on your smartphone.
- Like most brokers, worldtradex offers a range of seminars and other educational tools to help traders enhance their skills.
- worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message.
- The key difference is that, unlike most forex companies that charge additional fees by widening the spread on Islamic accounts, worldtradex does not impose any extra charges.
- The holder solely does account funding; third-party payments are not accepted.
If you would like to add details to this online worldtradex or you find inaccurate details worldtradex broker review please get in touch with us and the changes will be applied. Additionally, support is available in over 30languages, making it easy for traders worldwide to get help in their preferredlanguage. The minimum deposit at worldtradex is just $5,making it accessible to traders with different budgets. This low minimumdeposit applies to both the Micro and Standard accounts. worldtradex provides a wide range of deposit andwithdrawal methods, ensuring convenience and security for its global clientbase.
On the pages for each platform, you will find multiple tutorial videos. These cover things like using Expert Advisors, placing orders, the terminal window, using templates, and more. Choose from three chart types and use the technical analysis tools, which include 50 indicators plus charting tools.
The broker’s commitment to a fee-free transaction model and fastprocessing times makes managing funds efficient for traders. Traders holding positions overnight mayincur swap fees, which are clearly displayed on the trading platform. worldtradex alsooffers swap-free accounts for traders who follow Islamic finance principles,ensuring compliance with Sharia law.
Both platforms are available acrossdesktop, web, and mobile devices, ensuring that traders can stay connected andexecute trades seamlessly, no matter where they are. In addition, worldtradex offers itsown worldtradex App, providing traders with acustom-built mobile solution for quick access to the markets. There is a library of free educational materials for worldtradex users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.
If you’re looking for a broker with strong regulation, low entry requirements, and great educational resources, worldtradex is worth considering. The support team is responsive and knowledgeable, catering to traders’ needs in multiple languages. worldtradex is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
You can view all of the relevant legal documents for worldtradex on the Legal Documents page of the website. This includes documents such as terms and conditions, the bonus program, the loyalty program, the conflicts of interest policy, and more. At the time of writing, there are 12 documents in this section, all available for download as PDFs. Anyone interested in trading with worldtradex should also be aware of areas where it is not available.
Since the policy began in 2010, worldtradex has had no rejection of orders and no requotes at all. 100 percent of orders are executed, with an impressive 99.35 percent executed within a second. If you use the trading platform outside of these hours, trades will not execute. For overnight positions, worldtradex prides itself on offering competitive and transparent swap rates. The rollover policy is that worldtradex will credit or debit client accounts and take care of rollover interest.
This page has recent expert technical analysis on a range of crucial assets and their movements. The Market Preview page features daily previews of the European open. The Stock Market News section is as it sounds, with news related to stocks.
Micro Accounts can have the base currency of USD, GBP, EUR, CHF, JPY, AUD, PLN, HUF, RUB, ZAR, or SGD. This type of account has negative balance protection, trading bonuses, and no deposit bonuses. worldtradex also provides a diverse suite of market research and analysis tools to keep traders informed and ahead in the financial markets.