These labels denote some milestone that the Master Traders have reached, although their performance and results can vary. Compared to other brokers, worldtradexFx claims to have low trading fees and charges nothing on deposit and withdrawal. The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified. Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. Other traders’ positions can be copied automatically or modified.
Check out my picks for the best mobile trading apps in the industry. worldtradexfx bonuses increase my profit when the market go in my favour. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. Yes, it offers a proprietary trading platform known as worldtradexTrader.
Now for experts who swear by the industry standard MetaTrader platform, worldtradexFX has you covered there too. First, they are properly licensed https://worldtradex.pro/ and regulated in their home country of Saint Lucia. This means they adhere to strict laws and oversight designed to protect traders. Yep, this forex broker is still a spring chicken compared to some of the old dinosaurs in the industry. But in its short life, worldtradexFX has already made quite a name for itself. Other notable tools include widgets that clearly display live quotes, interest rates and national holidays.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. Your Daily Analysis and graphic pattern helps me lot and it’s good for every trader.I like your analysis and recommend for all the traders those who working in worldtradex. Bonuses of 10%, 20% or 50% can be claimed on each deposit with worldtradexFx but there are even bigger bonuses available during holidays and other limited-time events. With a rating of 4.4 out of 5 after 3.9K+ reviews, the company reputation speaks for itself regarding legitimacy https://worldtradex.blog/ concerns.
worldtradex provides low spreads, no commissions, and a minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices. The broker has its proprietary trading platform known as worldtradexTrader, which operates on web and mobile versions. In addition to this, worldtradexFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders. MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and on the web.
Platforms
We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. When choosing a broker, regulation is one of the first things that I look for. I would always prefer to trade with a regulated broker as it gives me the peace of mind that they will operate in an honest manner and can be trusted with my funds. It is important to remember that not all regulators are created equally. The products, features and protection can all vary depending on the entity that you decide to open a trading account with.
worldtradexFX Islamic Account
Once your account has been funded, you can begin trading Forex and CFDs with worldtradexFX’s trading tools and features. This particular account boasts of an array of remarkable features encompassing astute and well-informed traders seeking to push their level of expertise beyond its current limits. The minimum deposit amount to start trading with worldtradexFX is $100.
Depositing ease
The worldtradexFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. However, clients can choose their preferred virtual balance of the account in order to dictate the pace of their learning process themselves. worldtradexFX is an international broker that provides a variety of trading options for both novice and experienced Forex traders.
- We’re genuinely thrilled to hear that you’re enjoying our platform and finding it easy to navigate.
- If your account balance goes negative, for example, due to significant economical events, your account balance will reset to zero automatically.
- If you need an worldtradexFX Islamic account, then these are also available.
- Its charting allows users to do analysis just as with a desktop.
- The variable spreads start from 0.2 – 0.4 pips with a commission already rolled in and no other mark-up to worry about on your MT4 Micro, or MT5 Pro Account.
Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points. While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience.
worldtradexFX Free forex signals
Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips. There may also be a fixed exchange rate in place to benefit you as a trader depending on location.
Entry and exit orders were executed as intended, with only minor slippage observed. Limit orders were adjusted almost exactly to the specified price without jumps, though a small percentage of stop orders did experience some variation. During certain events, worldtradex offers a bonus where you can claim up to a 100% deposit bonus. During the account opening process, clients must choose a type of account. However, once the process is completed, they can easily add additional accounts with just one click.
Supported Countries
But here, the average of the spreads is calculated as 0.4 pip in Forex. If you want to get it out of the stock index, it will be less than 1 point. Even better, if you expect a high-rank spread, then the black account can help you in this regard. In this review, we will show you all the details you need to know about worldtradexFX. Learn about trading conditions, platforms, and special features for customers.