The FAQ section answers the most common question, and live chat is available with fast response times for basic questions. Broker research materials have been neglected, generating the biggest black mark in our review. The free worldtradex Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s Worldtradex website enormous potential, with the most recent entries going back several years in some cases.
I also love how cost-effective this platform is, the broker has beginners in mind. Trading according to the market analysis has really helped me increase my profit, for sure worldtradex is really the main deal!! This average customer rating is based on 21 worldtradex customer reviews submitted by our visitors. Compare worldtradex with the top 3 similar brokers that accept traders from your location.
Trading Tools & Education
Over the weekend, you can leave a message for when support resumes, as shown below. When it comes to cryptocurrencies, worldtradex recently partnered with EmurgoHK in 2018 to create a new cryptocurrency exchange called IronX. The IronX Exchange is a world-class, regulated cryptoexchange that lets you trade a variety of digital coins. You can also perform fiat-to cryptocurrency conversions, and leverage options are available for traders. You can trade forex in lot sizes as small as 0.01, and the broker supports MetaTrader 4 (MT4), which is the most popular platform among retail forex traders.
I didn’t know that the platform would be so easy to understand. It’s much better than I thought.
Notesco Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). Right now, trading feels like the only way to earn, with markets dropping so much. worldtradex holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry.
- Also, worldtradex does not charge withdrawal fees, but your bank or payment portal could levy a fee.
- As a new trader, it is critical that you devote time to studying and learning about trading before joining the market.
- Rates, terms, products and services on third-party websites are subject to change without notice.
- Though the only downside seems to be a platform, which I hope they’d improve this year.
Deposit and Withdrawal Fees
The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. This user-friendly dashboard is designed to meet the demands of both novice and expert traders. Auto trading is enabled by connecting a trader’s account to an expert’s account. worldtradex does not charge any deposit fee while using any payment method. However, there are certain withdrawal fees while using debit/credit cards and some electronic payment methods. The IronX Exchange charges different fees depending on whether you are a “maker” who places limit orders or a “taker” who deals at the market price.
Fees
Popular choices include gold, silver, crude oil, natural gas, and coffee. Trading commodities can provide traders with opportunities to hedge against inflation or take advantage of global economic trends. worldtradex ensures efficient execution and offers leverage options to suit different trading strategies. The broker’s advanced charting tools and analysis features on MT4 make it easier for traders to make informed decisions when trading commodities.
Moreover, the broker provides managed accounts, trade copier, and VPS hosting for those of you who want to automate your trading with your own strategies or copy other professional traders’ portfolios. The broker offers dedicated educational and research tools such as the excellent Trading Central which can be a great help for analysing the markets in detail and finding trading signals. In addition, worldtradex offers free demo accounts and Swap-free Islamic accounts for Muslim traders.
The worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment. From the account types to the trading conditions like the execution speed and also the fast withdrawals, I knew without a doubt that I was at the right place. This is a modern broker and some of the modern trading engines should be included, too. worldtradex offers Islamic accounts for swap-free trading under Shariah law. Clients must contact the broker’s customer support to request further assistance.
They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. I think the desktop version of the platform is great for running automated systems (expert advisors) whereas the mobile trading app is perfect for taking the markets everywhere with you in your pocket. MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform.
- However, I consider it cumbersome and not the best choice for analyzing price action.
- Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices.
- Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform.
- These do charge a very competitive commission which varies depending on the level of the account.
- The worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment.
Additionally, the platform employs SSL encryption to secure all transactions and customer data, further enhancing the overall security of trading with worldtradex. worldtradex offers a wide and diverse selection of trading accounts, including commission-free and raw spread accounts. Additionally, the broker provides a Personal Multi-Account Manager (PMAM) platform designed for professional traders and money managers. They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels.
What is the minimum deposit required to open an account with worldtradex?
However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. worldtradex’s MT4 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more. The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account. The fee is charged until account activity resumes or the account balance drops to zero.
These tend to have higher marked up spreads but you do not pay a commission on trades. It is actually quite rare to find a broker that has fixed spread account which is often a choice for traders who are running scalping strategies that need consistent spreads at all times. With over a decade of industry experience and more than 1.5 million clients globally, worldtradex is a well-established broker. It offers a range of safety features, including negative balance protection to shield traders from losses exceeding their deposits.
Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the worldtradex fractional share dealing, which is excellent for smaller portfolios. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
Additionally, multiple trading accounts can be registered through the worldtradex Client Portal, allowing for greater flexibility when managing different strategies or products. Precious metals, such as gold and silver, are popular trading instruments for those seeking safe-haven assets during market volatility. worldtradex offers trading in both gold and silver, with competitive spreads and flexible leverage options. These instruments are available for trading on the MT4 platform, which provides advanced charting tools and real-time market analysis.