worldtradex Review : Read Before You Trade

Participants can ask questions in real-time and gain practical insights into improving their trading performance. Webinars are suitable for traders at all levels, from novices to seasoned professionals. For those interested in trading global stock market indices, worldtradex offers a wide selection of major indices, including the S&P 500, NASDAQ, Dow Jones, FTSE https://worldtradex.pro/ 100, DAX 30, and more.

With that said, the brokerage does have plans to introduce MT5 in the future. An account manager is available with all of worldtradex’s trading accounts. When we used worldtradex, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted.

They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs. I checked the usability of worldtradex’s seven retail account types and found them quite diverse, with hugely varying pricing mechanisms.

There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader. The podcasts are more topic-specific, usually focusing on particular trading concepts. They can, thus, help you gain a broader trading perspective and improve your general knowledge.

What are worldtradex’s trading hours?

Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. worldtradex is a forex and CFD broker that is headquartered in Cyprus and also has offices in the UK, South Africa, and elsewhere. The company serves traders globally and is regulated in several jurisdictions, including FCA and FSCA, along with one unregulated entity.

A Forex Tour?

Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators https://worldtradex.space/ in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid.

What types of accounts does worldtradex offer?

We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app. The account was opened with the Notesco Limited entity of the broker. If you have experience trading with worldtradex please share your personal review of the broker and what you think are strong and weak points.

So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. Just a few days ago I closed excellent buy order on EURUSD currency pair.

  • Proprietary to worldtradex, the Market Insights section comprises lengthy and comprehensive takes on current trading opportunities.
  • The broker also provides educational resources to guide traders in navigating the complexities of cryptocurrency trading.
  • Traders can use this tool to plan their trades and anticipate potential market movements based on upcoming news.
  • Plus, this is an excellent tool for exploring other markets than the one you are focused on.
  • Materials in the website’s blog section are written in support of the rest of the technical and fundamental content.

Markets & Instruments

I measured the spreads, swaps, and commissions on its No Commission account and compared the offering to the other 6 account types. I also compared worldtradex’s trading and non-trading fees to other brokers and found out that, as a whole, they fall below the industry average. The broker does not charge deposits and withdrawals, and it does not have an inactivity fee. Beginners will find value in its variety of account types and in-depth educational content, while professionals can leverage its fast execution speeds and a broad array of trading instruments. The broker’s well-rounded selection of lower-risk securities alongside higher-risk/high-yield assets makes it a fitting choice for diverse trading strategies, including hedging and scalping. For visual learners, worldtradex offers a library of video tutorials that explain key trading concepts in a simple and engaging manner.

Sentiment Trader

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Customer support via live chat is available in English, French, Spanish, Chinese, Japanese, Korean, and Farsi. Before you connect to an agent, you have to provide your name, email, and account number (if applicable), and choose a preferred language. In our reviews, we examine the licenses and regulations of each entity operated by a broker.

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