This type of trading allows investors to speculate and make a profit by taking long or short positions, use leverage and enjoy tight spreads and a 0.10% commission taken by worldtradex. Besides, shares, especially when traded from long-term positions, are very stable and provide a reliable generation of profit. With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders. Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders. Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders.
Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. ForexBrokers.co.za is a broker comparison & education website for South Africans. worldtradex offers a comprehensive range of educational resources through its School Tab, making it a valuable asset for traders seeking to enhance their skills.
The broker offers a variety of account types, including standard and ECN accounts, with competitive spreads starting from 0.0 pips. worldtradex provides competitive spreads starting from 0.0 pips for STP/ECN accounts and floating spreads for other account types, giving traders a clear idea of potential trading costs. Standard, Premium, and VIP accounts do not charge any commissions, which can benefit traders looking to maximize their trading efficiency without extra costs. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
Yes, in fact – In order to claim the available worldtradex bonus offers a minimum deposit of $100 USD, $200 USD, or $500 USD must be made. Overall, worldtradex’s commitment to providing a secure trading environment and a wealth of tools positions it as a strong contender in the forex brokerage landscape. While worldtradex does not charge fees for deposits, it’s important to check with your payment provider regarding any potential transaction fees.
- The broker implements advanced security measures designed to protect personal information, privacy, and funds.
- There are more than 200 instruments that can be traded on platforms run by worldtradex.
- The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage.
- Compare worldtradex with the top 3 similar brokers that accept traders from your location.
- Whether you’re interested in currency pairs, precious metals, or major stock indices, worldtradex delivers a robust trading environment tailored to your needs.
- Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice.
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have traded with worldtradex we would really scammed by Worldtradex like to know about your experience – please submit your own review. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible.
While many experienced traders will have no problem finding an account that is right for them, the account “matrix” on their page in many cases can make things more confusing for beginners. With STP or ECN accounts, clients’ orders are not processed by the dealing desk and are instead forwarded to the interbank market. This provides faster execution, more liquidity, as well as more accurate prices. STP (Straight Through Processing) execution does not include commission (the commission is within the spread) and these types of trades are forwarded directly to liquidity providers. worldtradex offers several trading platforms, available for PC, Mac, and mobile devices.
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Available options include Debit/Credit Card, Neteller, FasaPay, Perfect Money and more. Trading on spot metals is similar to Forex trading – traders can speculate on the prices of precious metals, taking short or long positions. With metals such as gold and silver, traders can hedge against risk and make their investment portfolio more diverse and well-balanced. Precious metals have always been valuable but their prices are less affected by supply and demand, unlike other commodities.
The minimum deposit required for this account is $500 and once again, clients can register SD, EUR or JPY as their base currency. worldtradex is one of the most reputable Forex, CFD, Stock and Crypto trading brokers that has many offices around the world and is available to investors in Europe, UK, Australia, and more. It offers more than 200 trading instruments across 6 different asset classes, including Forex, metals, indices, commodities, futures, and shares.
STP/ECN Zero Spread
- MetaTrader 4 (MT4) is a popular trading platform used by both novice and experienced traders.
- The worldtradex group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection.
- Founded in 2010, worldtradex is an online broker based in Cyprus that also offers Contract for Difference (CFD) trading in over 200 tradable assets.
- worldtradex offers a variety of trusted deposit options, including Debit/Credit Cards, Neteller, FasaPay, Perfect Money, and more.
- With numerous educational resources, worldtradex is ideal for beginners looking to enhance their trading skills.
worldtradex is authorized and regulated by the Financial Sector Conduct Authority (FSCA). The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator in South Africa. You can access these resources by visiting the worldtradex School Tab on their website, where all educational materials are organized for easy navigation.
Popular Forex Reviews
The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. Not only do they communicate digitally with their customers, they are present around the globe. At the point of writing this worldtradex review, they have offices on Cyprus, in London, Sydney and Johannesburg – all the places where they have regulation.
Nigerian Stock Exchange
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. worldtradex stands out as a leading broker, offering a comprehensive selection of over 500 trading instruments across multiple asset classes. With competitive trading conditions, expert market insights, and user-friendly platforms, traders of all levels can find significant opportunities to enhance their trading strategies. worldtradex’s diverse account offerings cater to a wide range of traders, from beginners to professionals. The low minimum deposit, high leverage options, and varying commission structures provide flexibility and opportunities for profit, making worldtradex a compelling choice for many trading styles. worldtradex offers a variety of trading accounts tailored to meet diverse trading needs and styles.
worldtradex makes a wide variety of trusted deposit options and withdrawal methods available. Available options include Debit/Credit Card, Neteller, FasaPay, Perfect Money, and more. Yes, worldtradex offers high-quality market research conducted by a professional team of experts and market analysts to help traders make informed decisions. Yes, you can open multiple trading accounts in the worldtradex Client Portal, allowing you to diversify your trading strategies and manage different portfolios easily. IBs earn commissions calculated from the traded volume of referred clients, along with potential cash rewards through the IB Monthly Reward Plan.
All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. Moreover, most account types do not charge commissions, except for the Live Zero Fixed Spread account, which has a transparent commission structure, making it suitable for high-frequency traders. worldtradex stands out for its extensive range of account types and trading instruments, catering to various trader preferences. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.
worldtradex is authorized and regulated by the Financial Sector Conduct Authority. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. You can trade forex in lot sizes as small as 0.01, and the broker supports MetaTrader 4 (MT4), which is the most popular platform among retail forex traders.
worldtradex client portal is the place where you do all your depositing and withdrawing. It is easy to use and the fact that the company is regulated and keeps accounts segregated in respectable bank makes sure the funds are safe and not used for broker’s own operations. The worldtradex website itself is translated into 14 languages, which will definitely make it easier for most traders to find information too. In case traders want to copy other experienced trades in a form of social trading, worldtradex also offers the Mirror Account.
worldtradex Trading Platforms
Our broker ratings are also informed by the experience of our researchers during the evaluation process. With tight spreads, competitive pricing, and expert market analysis, worldtradex ensures traders can maximize their opportunities and enhance their trading experience. Whether you’re interested in currency pairs, precious metals, or major stock indices, worldtradex delivers a robust trading environment tailored to your needs. worldtradex offers a comprehensive suite of trading platforms designed to enhance the trading experience for all types of traders. At the forefront is the MetaTrader 4 (MT4) platform, renowned for its reliability and user-friendly interface, allowing traders to access over 200 instruments across six asset classes.
TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The payment method also comes with the PMA token, which is the means of value in the PumaPay system and works like most cryptocurrencies. worldtradex offers trading on copper futures, as well as energy futures – US light sweet Crude oil, Brent Crude oil, and natural gas.