The broker provides access to trading https://worldtradex.site/ major, minor, and exotic currency pairs. worldtradex offers access to a variety oftrading platforms, including MetaTrader 4 and 5, CQG, ROX Premium, and SterlingPro. Their website provides information about the broker’s services and terms.This review will look at the unique features and expectations for traders usingworldtradex.

Education and research tools

  • In addition, customer support agents are available 24/7 in case you have any questions.
  • The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools.
  • When it comes to funding methods for new trading accounts, the choices vary depending on which platform a new user wants to trade on.
  • With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs.
  • This means the broker effectively acts as a middleman to give traders access to the forex market.

There are more than 30,000 instruments available through various trading platforms and account types. Based on our tests, worldtradex is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs.

worldtradex Broker Educational Resources

These options provide flexibility for traders who prefer a more hands-off approach or want to diversify their trading strategies. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. Explore meticulously crafted investment solutions, infused with customizable levels of profitability and protection to align with your unique financial goals and risk tolerance. Navigate your way through transparent, flexible, and diverse investment avenues designed to deliver substantial returns while safeguarding your capital.

worldtradex Assets Offered

  • worldtradex supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller.
  • We aren’t impressed with the additional trading features available.
  • worldtradex is regulated in Cyprus, offering more than 30,000 instruments for trading.
  • Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100.
  • Details regarding futures trading fees are subject to verification, and potential traders should consult worldtradex’s official platform for accurate, real-time information.
  • To use the CQG platform,worldtradex requires at least a $3,000 account balance.

This extendedavailability may be a benefit for traders who operate outside of standardbusiness hours. 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.

worldtradex review and ratings

Clients at worldtradex may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. API trading is available for demanding traders with custom algorithmic trading solutions. The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option. All three account types have a minimum lot size requirement of 0.1 lots and five-decimal pricing. The commissions of $2.00 to $3.00 per 1.0 standard round lot are highly competitive, but the spreads make short-term trading styles expensive. Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses.

While the 30,000+ asset selection looks good on paper, it focuses on equities and CFDs listed on 36 exchanges, making worldtradex an excellent choice for equity traders. Other sectors need to be included or underrepresented besides the 25 commodity CFDs and futures. worldtradex is a leading international brokerage company, empowering traders worldwide with direct access to major global financial markets.

Range of Assets

Such policies solidify worldtradex’s reputation in the financial trading space. worldtradex doesn’t charge withdrawal fees, but external payment providers may have their fee structures. worldtradex offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies.

Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. The core trading environment is solid, except for above-average trading fees, which I rate as the primary reason I cannot recommend this broker despite numerous bright spots. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount.

For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. First among them, CQG is a platform that is aimed at the more professional segment of the market than MT4/5 and many other typical retail platforms.

MetaTrader 4, whichfocuses mostly on forex trading, is compatible with worldtradex’s Standard,Forex ECN, and Forex ECN Pro accounts. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies.

“Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” On the other hand, traders are charged commissions starting from 3 USD per lot.

It segregates client deposits from corporate funds and offers negative balance protection in its standard trading accounts for retail traders. It complies with ESMA guidelines and MiFID II, and the Cyprus investor compensation fund protects deposits up to 90% with a €20,000 limit. My review did not uncover misconduct, scam, or fraud, and I confidently rate worldtradex as a legit and safe Forex broker.