worldtradex holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. Clients may also use their Facebook or Google accounts to open an account.

The platform works on all operating systems and supports EAs, hedging, and advanced technical indicators, analytical tools, and charting features. worldtradex offers software that can be downloaded for PC, used as a mobile app for trading on the go, and includes a Multi-Terminal for managing multiple accounts at once. All worldtradex clients can access free trading tools through the Traders Hub, which provides various helpful features.

MetaTrader platforms

The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds. Its regulation contributes positively to its ratings for credibility and https://worldtradex.space/ security. Live Averaged Spreads and Commissions of worldtradex Trading Broker Accounts.

worldtradex deploys an ECN/STP execution model and does not manipulate quotes. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

worldtradex Demo Account

Here is a screenshot of the worldtradex quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. worldtradex provides a calendar that displays upcoming economic events and releases, along with their expected impact on the markets. I always like to check an economic calendar before take a decision on the trade. The broker teases customers with decent customer support that we get through live chat, email, and phone calls. The global trader can easily communicate and get qualified help from the broker due to multilingual support, which in turn helps to improve the ratings of worldtradex.

Trading Platforms

Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit. worldtradex brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs. With no minimum deposit, high leverage, and low trading costs, worldtradex is ideal for beginner traders and demanding seasoned ones alike. worldtradex offers a comprehensive range of tradable instruments, including major and minor currency pairs, commodities, https://worldtradex.site/ indices, and metals.

• Among its transparency, and customer service, which are generally reviewed not to be very high, how it executes its services was the only thing that was not questionable.
• Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive.
• worldtradex is committed to providing its users with educational resources through webinars, trading guides, and market analysis.
• worldtradex supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill.
• Quotes remain sourced from multiple liquidity providers and matched for the best possible execution.

In this comprehensive review, we’ll delve into the key features, trading conditions, and overall user experience that define worldtradex as a brokerage choice for traders seeking precision in the forex markets. You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at worldtradex we never disappoint. Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers. worldtradex offers various account types for both experienced and new traders.

This platform offers the complete suite of MT4’s features without the need for any software installation, providing flexibility and convenience for traders on the move. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies. MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. worldtradex lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders.

worldtradex has a clean regulatory track record and established itself as a secure and trustworthy broker. The service provider is BeeksFX, but worldtradex clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.