CFDs on over 100 US, UK, and Germany stocks are available to trade on the worldtradex platform. worldtradex is an online broker for trading on forex with a strict no re-quotes and no rejections policy. Clients are likely to incur some trading fees and commissions at worldtradex.
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Those who look for enhanced market exposure to a public database of trading methodologies and automated trading bots can use MT5 – the upgraded version of the MT4 trading platform. A variety of charts displayed in a window on the right side of the screen provide insight into market data. Clients can view underlying instruments in 9-time frames on MT4 and 21-time frames on MT5 to better understand their price direction and make informed trading decisions. The real-time status of the market is displayed in the top left panel, allowing traders to monitor market activity while using the navigation window.
If you hold a position overnight, you will incur financing charges. The charges will vary across different instruments and vary from day to day., determined by “tom-next rates”. Tom-next rates are determined by the money markets and are interest rate differentials between two currencies. However, with the zero spread account, you will pay $3.5 commission per 1 lot (100,000 units) traded. This commission is paid both at both ends of the trade, when you open and when you close the position.
worldtradex’s zero-fee policy also applies to any deposits and withdrawals above $200 that are processed by wire transfer. The broker does not offer cryptocurrencies to trade, neither it allows cryptocurrencies as a mode of payment. For crypto payment, you may wish to consider FXPRIMUS as an alternative option.
How does worldtradex make money?
worldtradex, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide. The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai). worldtradex offers diverse financial instruments and is known for competitive trading conditions.
You demand the best trading experience; our awards reflect our desire to provide it. There’s no difference between trading assets, tools, or trading speeds for smartphones or tablets and those for desktop PCs. Alternatively, traders can opt to access the worldtradex WebTrader through their browser. Withdrawal requests are processed in the currency in which the deposit was originally made.
worldtradex Review 2025
We are impressed with the selection of educational videos, platform tutorial videos, whilst the worldtradex Live video feed is a service you will very rarely see with rival brokers. Customer support is one area where worldtradex really will go the extra mile. worldtradex claims to speak over 25 languages and customer support is available through all the usual channels. However, we are especially impressed by the human contact that is available and is an excellent service for novice traders. It is difficult to think of what they could do more to support their customers.
- Therefore, US traders can verify their accounts without any issues.
- It is just that worldtradex counts the various device versions of the same platform.
- worldtradex’s mobile trading app has a convenient interface and a powerful search engine.
worldtradex offers clients access to trading forex and CFDs on stocks, energy commodities, soft commodities, precious metals, and indices. Here’s a comprehensive review of its user-friendly platform, customer support, tradable assets including stocks, forex, commodities, and indices, and more. Those looking for tight spreads may prefer signing up for the Zero account at worldtradex. While the minimum spread in the zero accounts is 0.0 pips, the broker also charges a commission of up to $7 per round trip on trading stocks and currencies.
Is worldtradex Regulated in the USA?
- All investments are insured by the Investor Compensation Fund, which implies reimbursement of up to 20,000 euros.
- Many brokers will have between 20 and 30 different commodities to trade.
- Alternatively, traders can opt to access the worldtradex WebTrader through their browser.
- Fortunately, you can set up notifications using the mobile trading app.
- worldtradex requires a $5 minimum withdrawal for Micro and Standard accounts.
Founded in 2009, worldtradex has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels. worldtradex broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, worldtradex is ideally suited for beginners and experienced traders.
Key Features:
worldtradex offers a modern and easy-to-use trading platform that works well for traders at all levels. The layout is straightforward, making it easy for beginners and experienced traders to find their way around. There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn.
worldtradex is owned and operated by Trading Point Holdings, which is a licensed and multi-regulated financial institution. Links and download instructions for the worldtradex MT4 and MT5 mobile apps are easy to find under ‘Platforms’ in the main menu of the broker website. worldtradex may require copies of your credit card before approving a withdrawal request. Traders should consult the Funds Withdrawal section of the broker website for more details on this topic.
This includes just 2 precious metals (Gold and Silver, but no others) with 5 energies and 8 soft commodities. Many brokers will have between 20 and 30 different commodities to trade. The following table shows how worldtradex measures up against some of its rivals across the most widely traded forex positions.
The features are intuitive, and different parts of the apps are grouped together on a single dashboard. worldtradex charges a $5 inactivity fee each month from clients with dormant accounts having no activity in the previous 90 days. Clients can trade major forex pairs such as the EUR/USD with a spread from 1.6 pips. On the other hand, the minimum spread to trade precious metals like Gold is 25 pips. worldtradex Global has a huge advantage over its competitors Worldtradex scammers in this regard. The broker does not charge any deposit or withdrawal fees except the deposits made via bank transfers of less than $200.