Worldtradex offers a larger selection oftrading platforms than many other online brokers. Their six platforms includethe widely used MetaTrader 4 and MetaTrader 5. They also offer the CQG TradingPlatform, ROX Premium, Sterling Trader Pro, and the Lightspeed Trader platform. It’s worth noting that the MT5 accountprovides full access to all assets. The Standard and currency ECN accountsprimarily provide CFDs for currency, precious metals, andstocks/indices/energies. The CyprusSecurities and Exchange Commission (CySEC) regulates the broker (license number281/15).
- With our streamlined processes, extensive information, and user-centric platforms, you are well-positioned to navigate the exciting realm of IPOs, making informed and rewarding decisions that align with your financial aspirations.
- The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro.
- Also reassuring for us is the number of awards the broker has picked up, including the 10 Top FX Brokers Worldwide 2023 at the Forextop Awards and the Best Customer Service 2022 at the World Finance Awards.
- This means the broker effectively acts as a middleman to give traders access to the forex market.
Trading Hours
Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone. With this in mind, Worldtradex isn’t the best forex broker for new traders in our view. Our testing shows that Worldtradex offers lower fees than most forex brokers, especially in its premium accounts. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. We have interwoven our advantages to create a seamless tapestry of trading excellence. Every aspect, from platform diversity to continuous support, is meticulously refined to align with your trading journey, ensuring that each interaction is a step towards achieving your financial goals.
Worldtradex follows theEuropean Securities and Markets Authority’s (ESMA) regulatory framework andparticipates in the Investor Compensation Fund. These regulatory associationsprovide monitoring and potential protection for traders’ funds. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. Worldtradex processes withdrawals within 24 hours of the request being made. In our assessment, Worldtradex is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. We aren’t impressed with the additional trading features available.
Explore meticulously crafted investment solutions, infused with customizable levels of profitability and protection to align with your unique financial goals and risk tolerance. Navigate your way through transparent, flexible, and diverse investment avenues designed to deliver substantial returns while safeguarding your capital. J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers. Our platform is designed to be a catalyst for your financial growth, fostering an environment where your investments can flourish and yield desirable outcomes. We’ve created a trader-friendly environment with various deposit and withdrawal options, zero deposit commissions, intraday withdrawals, and round-the-clock customer support. Worldtradex provides different types of accounts, suitableboth for beginners and professionals.
Based on our evaluation, there aren’t many forex tools to improve the trading experience. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses).
The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. Additionally, the broker charges withdrawal fees which vary depending on the method you choose. Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Looking at the negatives, Worldtradex scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
Curated Solutions Just For You:
For example, the Standard account offers a reduced list of metals and CFDs in addition to forex. Worldtradex does not charge inactivity fees – a levy we see at many forex brokers we review. Worldtradex also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro.
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There is real-time data https://worldtradex.bid/ to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services.
Worldtradex trading platforms
It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. Our evaluation of Worldtradex shows there are limited trading promotions for retail traders. This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank Worldtradex down for this. Our team don’t recommend traders choose a broker based on sign-up bonuses. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf.
- Embark on a journey to invest in a company’s first steps into the public market.
- Worldtradex Online Ltd (Worldtradex) is a leading international investment company providing its Clients with direct access to the major world stock and currency markets.
- ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. The results from our assessment show that Worldtradex is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5.
Holistic Trading Ecosystem for Professionals:
The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. Also, similar to the copy trading service, there is no guarantee you will make a profit. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.
Our individual investment portfolios are not just financial instruments; they are bridges to your aspirations. They are balanced concoctions of security and growth, allowing you to traverse the financial landscapes with confidence and foresight. With every investment, you are not just allocating capital; you are sowing seeds for your future, watering them with precision, and guarding them against the unpredictable weathers of the financial markets.
There is also a campaign to become a professional trader which offers a bonus of up to $2000. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days. On the downside, our research has revealed that swap-free accounts are not available. You can reach Worldtradex customer support 24/7 via email or by phone or live chat on each page of the website.
Thus, we are the Worldtradex website only one to provide you with efficient mobility from 1 minute to 5 years. They provide contact options including online chat, email,and telephone. Worldtradex offers a diverse range ofassets, such as currency, bonds, stocks, and futures. They offer access to over30,000 stock assets and over 90,000 option assets. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. From on our assessment, Worldtradex provides an average offering of market research.