A clear and user-friendly interface is perfect for every trader who values comfort. Also, WorldTradex has one of the best no-slippage levels in the market – 97.5% of the executed orders. With demo accounts, the ability to trade https://worldtradex.site/ in micro-lots, copy trading, and strong educational resources, I rate WorldTradex as a suitable broker for beginners.
WorldTradex Desktop MetaTrader 5 Platform
Crypto markets are only supported on accounts that use the MetaTrader platforms. During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that WorldTradex offers its clients. Being able to still engage with the full range of services from smaller screens is a real plus-point for the service. In terms of clients, it has over 900,000 users signed up and clears $4bn of traded volumes every day. Then there are the industry awards; a selection of some of the most recent accolades includes the title of Most Reliable Broker Asia 2023 and Best Forex Broker 2023 (Allforexrating).
How does the WorldTradex deposit bonus work?
Even if a position ‘gaps’ in extreme market conditions, then the client will lose the funds in their account by no more than that. A lot of brokers consider them mutually exclusive, so only offer one, if any at all. This section includes details of the basic operations of the financial markets. There is an economic calendar, daily analysis posts, as well as trading signals and market insights.
However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly. Overall, the range is suitable for most traders either beginners or tradrs with experience, also we would mark that range of Products vary by the platoform you use also the entity of WorldTradexFx. WorldTradex works on a spread-only basis; hence, separate commissions for trading are not paid.
WorldTradex Main Features
The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world. There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can trade on this platform.
- WorldTradex offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies.
- All information on 55brokers.com is only published for general information purposes.
- In the last few years, WorldTradex Broker has successfully received over 70 very prestigious industry awards, proving their commitment to excellence.
- However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly.
- The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR.
- However, WorldTradex states that it provides clients with segregated accounts and negative balance protection.
WorldTradex trading account types
WorldTradex Fees are ranked low based on our testing and compared to over 500 other brokers. Overall, with our research we find WorldTradex ensures that customer information stays private by using cutting-edge encryption technologies to guard financial transactions and sensitive data. The broker also provides negative balance protection, therefore shielding customers from losing more than their account balance in a declining market. WorldTradex, with a trust score of 70, is regarded as having ordinary risk, thereby giving traders a fair degree of confidence about its dependability and operational integrity. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform.
WorldTradex minimum deposit is $25 allowing you to open an account and start trading. However, the minimum deposit amount may vary depending on your region and the payment method you choose. Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge. You simply start following some pro trader you’ve picked, and WorldTradex CopyTrading app automatically copies their trades.
- Both MetaTrader MT4 and MT5 stand out for the charting tools they offer.
- WorldTradex gives a high priority to analysis and education for both new and experienced traders to its platform, having won a couple of awards in 2023 for ‘best education broker’.
- If you are an absolute beginner and looking for some more guidance along the way, WorldTradex have lots of good educational content as well.
- Its WorldTradexFX.eu arm is regulated by CySec (Cyprus Securities and Exchange Commission) and has offices worldwide.
- At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
- However, traders may be charged third-party processing fees—which WorldTradex has no influence over.
It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). WorldTradex trading app is quick, offering low spreads, fast withdrawals, and a 0% commission.
Yet, if you still prefer to use high leverage, the international entity of WorldTradex Leverage still allows so. Fee table see below, also always consider other than trading fees like funding fees and inactivity. Overall, we advise to check conditions based on WorldTradex entity you wish too trade through. Join an intenational broker with 12 yearsof experience and 60+ industry awards. We are constantly improving our product to make your trading experience better.