Today, worldtradex continues to solidify its position in the trading industry, governed by transparency and a deeply held commitment to its clients. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. However, worldtradex broker’s main weaknesses are its lack of offering MT5 trading platform and higher-than-average spreads on Standard (1.6 pips), Premium (1.4 pips), and VIP (1.2 pips). By providing these free, easy-to-digest educational materials, worldtradex aims to empower traders with the knowledge they need to navigate the financial markets confidently.

Buy and sell stocks online and get the most out of your access to the world’s trending brands such as Lloyds, Apple and Google. With an excellent long-term track record of making profits, low investment entry and deep liquidity, shares will help you enhance your trading portfolio. Inexplicably, the daily web-based « Market Insights » column was not reproduced on the research app. Unfortunately, that’s the only research product available at the site, other than a single « Week Ahead » video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old. TradingFinder.com assumes no responsibility for any potential losses or damages.

Industry-Leading Trading Platform MT4

  • You can learn more about ourindependent review processand partners in ouradvertiser disclosure.
  • While this isn’t a regular occurrence, it demonstrates worldtradex’s commitment to rewarding its traders in grand style.
  • The broker stands out with its extensive educational and research content, developed both in-house and sourced from the renowned Trading Central.
  • This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.
  • worldtradex provides a diverse range of highly informative educational materials in both written and video formats.

His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. The broker charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, worldtradex provides a standard cost structure without significant advantages.

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The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account. worldtradex holds a « Trusted » rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry. Choose worldtradex and experience a journey marked by excellence, innovation, and a relentless pursuit of your trading goals. worldtradex is a global multi-asset CFDs broker and is part of the worldtradex Group which includes several entities authorised and regulated by the FCA (UK), and the FSCA (South Africa).

It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account. Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading. All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. worldtradex ensures convenient and secure transactions, offering diverse payment methods with no extra fees for deposits or withdrawals. However, some third-party charges may apply depending on the payment method chosen by traders. All transactions are protected with advanced SSL encryption and other high-grade security technologies to maintain the integrity of traders’ information and funds.

Elevating Forex Trading with the MT4 Platform

Our products are traded on Worldtradex website margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. worldtradex does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea.

MetaTrader 4: A Distinctive Trading Experience

Because you can trade $100,000 with just a $1,000 deposit, the spot forex market is extremely leveraged. worldtradex offers 310 tradable instruments at varying costs and integrates the popular MetaTrader 4 platform, which can be enhanced with an add-on for advanced charting. The broker also provides copy trading solutions through its TradeCopier service and VPS hosting for low-latency trading. worldtradex provides a diverse range of highly informative educational materials in both written and video formats.

worldtradex offers a wide range of retail and professional accounts with different pricing mechanisms and no minimum deposit requirements. worldtradex’s TradeCopier connects signal providers and signal followers and is available from the client portal. Signal followers can quickly and easily assess the performance of various trading strategies based on various parameters, including their average return, maximum risk, longevity, and more. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine market developments from different angles and exploit the underlying trading opportunities in multiple ways.

  • It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.
  • I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool.
  • This can obscure price action examination and make it harder to perform detailed technical analysis.
  • You can set up a demo account for yourself prior to or alongside your live CFD account.
  • 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.

The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. The worldtradex group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection. I can’ say that I used this broker’s service for real to know the difference.

63.91% of retail investor accounts lose money when trading CFDs with this provider. Forex brokers or CFD brokers have enabled online trading by offering the latest trading technologies, educational resources and most importantly access to the global markets. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. Currencies are always traded in pairs, so each currency’s value interrelates with the value of the other. The Foreign Exchange Market, also known as Forex or Currency Market, is a global marketplace where currencies are traded. Using the broker’s funds instead of strictly using your own is known as leverage.

worldtradex detailed information and reviews

The training programs are designed based on tools for traders of all levels, from « beginner to advanced. » As far as trading volume is concerned, the foreign exchange market is by far the world’s largest financial market, with over $5 trillion traded daily. Trade CFDs on numerous FX pairs and benefit from tight spreads, fast order execution, highest volumes and liquidity. EUR/USD, USD/JPY and GBP/USD are the most popular and liquid among major currency pairs. This is referred to as market liquidity, and according to the most recent data from April 2022, it accounts for about $7.5 trillion in daily trading volume in the forex market.

For those looking to test trading strategies, worldtradex also offers Cent accounts. They are ideal for algorithmic testing, allowing traders to evaluate strategy performance in a real-world trading environment while minimizing potential losses. The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.

With fast transactions, traders can get carried away and approach trading as gambling, meaning to treat it as something purely based on luck. But the correct approach is to treat trading as a business that requires the skill of speculation. In other words, the difference between gambling and speculating is risk management.