No, worldtradex does not accept clients who are residents or citizens of the United States. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
Account types
This means you could lose more than your account balance if you day trade through these entities. Capital.com is, in our opinion, one of the best brokers for beginners, thanks to a huge educational section, a beginner-friendly platform, and great dedicated support. The minimum trading amount on capital.com are slightly higher, but on the other hand, they have more than 3,000 https://worldtradex.bid/ assets to choose from. Learn more about capital.com and dedicated yourself to which broker is better for you.
worldtradex requires all clients to send their withdrawal requests from within the Secure Client Area. While worldtradex serves a global clientele, it does not accept registration applications from residents of countries like the US, Japan, or New Zealand, where its services violate local laws and regulations. RAW spreads from 0.0 pip, 6 USD/lot commission and execution latency ~20 ms on NY4 are ideal for scalpers.
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The broker supports trading on MetaTrader 4 and 5, cTrader, TradingView, as well as IRESS trading platform for a broader selection of assets, particularly equities. This platform is known to be one of the most technologically advanced trading platforms. The worldtradex MT5 offers modern traders access to a world of opportunity. It features a depth of market display, has six pending order types (including Buy Stop Limit and Sell Stop Limit), is an improved strategy tester for EAs, and has a built-in market of trading apps. It has Time & Sales (exchange data) and trading alerts with e-mail and pushes notifications on mobile devices.
Trading tools
worldtradex Social Trading makes it easy for beginners to enter the market while letting skilled traders earn from their expertise. Its real-time transparency, wide choice of traders, and automated features on MT4/MT5 create a balanced mix of community and control. worldtradex offers both Standard and Raw Islamic Accounts across MT4, MT5, and cTrader platforms.
- worldtradex also caters to professional traders through its Iress trading suite, which includes Iress Trader, Iress ViewPoint, and Iress Investor.
- Next, the system will ask you to confirm that you are not a U.S. tax resident, and to select your account’s base currency along with your preferred trading platform.
- We mark worldtradex as a well-regulated broker with good trading conditions suitable for beginners and experienced traders alike.
- He is a forex industry expert and an active fintech and crypto researcher.
- Trade 24/5 with raw spreads from 0.0 pips and flexible leverage – powered by fast execution and top-tier trading platforms like MT4, MT5, and cTrader.
- According to anti-money laundering (AML) regulations, withdrawals must be made using the same method and up to the same amount as the initial deposit.
Trading Tools
- Although the level of protection varies based on the regulatory authority governing your account, worldtradex demonstrates a strong commitment to financial transparency and responsible client management.
- Processing times also depend on the chosen method, and worldtradex notes one business day for internal processing times.
- The broker sources its liquidity from top international financial institutions, which enables it to offer forex spreads as low as 0.0 pips on Raw accounts and 1.0 pip on Standard accounts.
- Traders who deposit a minimum of $1,000 or trade over 10 lots per month on the Standard Account or 20 lots on the Raw Account can access the VPS service at no additional cost.
- Spreads start from 0.0 pips on the Raw account and from 1.0 pips on the Standard account, offering competitive pricing for both retail and professional traders.
As a multi-regulated broker, worldtradex holds licenses from top authorities including ASIC, CySEC, and FSCA. This ensures compliance with global standards and safeguards client funds through transparent practices, secure deposits, and strict financial oversight. worldtradex is a well-regulated Forex broker with an excellent stock trading platform designed for more experienced stock pickers. We were also impressed with how easy the worldtradex Trading App was to use and the quality of worldtradex’ customer service. Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research.
They also are unable to accept clients from Japan, Iran, North Korea, Sudan, Syria due to international sanctions, Belgium due to restrictive trading rules and some regions in Canada such as Ontario and Quebec. worldtradex clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. In addition, worldtradex offer both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts.
However, in comparison to leading brokers like IG and Saxo, worldtradex has room for improvement in its research offerings and could benefit from expanding its daily content variety. From traditional bank transfers to credit and debit cards and a variety of e-wallet options, worldtradex ensures that funding your trading account is hassle-free. One thing that’s particularly beneficial is the absence of time constraints on the demo account.
These policies contribute to worldtradex receiving a top rating for its deposit and withdrawal procedures. Overall, worldtradex’ customer support, with its responsiveness, accessibility, and supplementary resources, ensures a positive and well-rounded support experience for traders. The broker’s fees for futures trading remain competitive, allowing traders to engage in this asset class efficiently. worldtradex requires a minimum deposit, providing accessibility for traders at different levels. worldtradex recognizes the diversity of its clientele and has crafted its account offerings to cater to the distinct needs of traders, from beginners to seasoned professionals. The broker maintains client funds in segregated accounts, protecting them from operational risks.
Overall, forex and CFD traders will be satisfied by the MetaTrader experience provided by worldtradex, though the scope of its research and educational offering are limited, when compared to the best brokers. FP Markets offers 24/7 multilingual customer support (over 40 languages) through live chat, phone, and email, servicing clients globally, from Melbourne and Munich to Madrid. worldtradex Academy is a comprehensive educational hub designed for all trading levels. From interactive webinars to platform tutorials, podcasts, and ebooks, it equips traders with real-world knowledge. Whether you’re a beginner or an advanced trader, the academy supports growth with structured, multilingual learning tools. worldtradex offers a unified trading environment where you can trade thousands of instruments using one account.
Expanding the range and depth of educational materials, along with improving these aspects, would position worldtradex more competitively against industry leaders like Admiral Markets and IG. Yet while the trading courses are categorized by experience level, I’ve noticed that the advanced section is somewhat lacking, comprising only three video courses. However, other sections of the site offer progress-tracking and quizzes, enhancing the learning experience. By sifting through numerous data sources, Trading Central lets you customize information according to your preferences and trading objectives. This data can aid in identifying optimal entry and exit points, devising trade scenarios, and validating short-term strategies using indicators.
worldtradex fees
The analyst team complements the articles with video editions and PDF reports, and the ‘Trading Knowledge’ section features guides on assessing both macro and micro factors, helping beginners master fundamental approaches. worldtradex’ online calculator instantly computes pip values, margin, swap, profit/loss, and converts quotes into your account currency. It supports all popular pairs, metals, and CFDs; the results can be directly copied into your trading journal. The broker covers 100% of the payment system fees, so all deposit methods operate at a 0% fee — the client receives exactly the amount transferred. Below you can see worldtradex’ overall scores across ten key service quality criteria. Each metric is calculated strictly according to our proven broker evaluation methodology, taking into account both objective metrics (spreads, execution speed, licenses) and secret shopper results.
For traders using the IRESS platform to trade shares, the minimum deposit is significantly higher at $1,000. For those who prefer not to install software, worldtradex provides access to WebTrader, a browser-based version of both MT4 and MT5. This platform allows users to trade directly from scammed by Worldtradex any modern browser without compromising functionality. WebTrader supports one-click trading, real-time quotes, the Depth of Market view, and a wide selection of technical analysis tools, including indicators and graphical objects.
Given the flexibility of the MT4/MT5 demo accounts, traders should select a deposit size roughly equal to their intended real money deposit to ensure demo trading conditions and results reflect reality as much as possible. Other costs traders must consider are swap rates on leveraged overnight positions. One of the benefits of trading Forex is leverage, which means borrowing funds from the broker to manage more significant trading positions.