worldtradex review 2025 ++ Good broker or not? Real Test
These payment methods vary in what type of account (either MT4, MT5, or IRESS) you’ll be placing your funds in. Also, the processing time of the deposit varies on the type of your account and the payment method you choose to use. worldtradex has a section on its website where you can read updated articles about Technical Analysis and Fundamental Analysis of the markets. This makes it easier for traders to know what’s going on in the market value. Both technical and fundamental analysis is very important in trading. Fundamental analysis helps you understand the market’s movement (upward or downward).
For beginners we would strongly advise the Broker for the priceless educational materials worldtradex provides, the availability of Demo Account and Perfectly Organized community and Blog sections. The market analysis, seminars, webinars, video tutorials are of excellent quality, where market research is suitable for traders to improve trading knowledge and skills. After carefully examining the reviews, we found that most of them are genuine, provided by real users sharing their real-life trading experiences. The minimum deposit to open a trading account is just US$100 (or the equivalent amount in your own currency). But if you deposit US$1,000 or more, worldtradex will cover the cost of a VPS for your trading robots (subject to monthly trading volume requirements).
worldtradex is ideal for active traders, offering tight spreads, fast execution, and multiple trading platforms with advanced features. With more than 10,000 assets and low fees, it meets the needs of different types of traders, including those using high-frequency strategies and experienced traders looking for professional tools. This platform is known to be one of the most technologically advanced trading platforms. The worldtradex MT5 offers modern traders access to a world https://worldtradex.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.
These are Forex, Shares, Commodities, Indices, Bonds, Crypto and ETFs. Across these asset classes there are over 10,000 tradable instruments. worldtradex is one of the few brokers supported by the TradingView trading platform, which is an advantage of using worldtradex. 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 assets to choose from.
Account opening
- worldtradex offers the Iress platform suite for share trading, but MetaTrader, cTrader, and TradingView are its primary platform options for forex and CFD trading.
- BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.
- The platform also includes over 15 equity index CFDs, 8 additional index CFDs through Direct Market Access, and a variety of commodities comprising 17 metals, 5 energy products, and 7 soft commodities.
- Here you can find what Forex Peace Army users think about worldtradex.
Moreover, there is an option for Muslim traders to trade through a Swap-Free account, which is suitable for followers of belief and tailored according to the strictest rules. worldtradex spread is defined by the account type , thus the Standard account Spreads starting from 1 pip and the Raw Account proposes spreads from 0.0 pips. However, the Raw account charges a commission to every order, which is defined by the instrument and is 3$ for Forex instruments, 3.5$ for Metals and offers 0$ commission on commodities or cryptocurrencies. worldtradex has become known as an honest and open broker in the industry. Since its establishment in 2005, the broker has kept a solid financial position providing its customers a confirmed safe trading environment. As Top-grade regulators like ASIC and CySEC control worldtradex’ operations, this ensures rigorous compliance with financial rules and transparency, besides worldtradex offering always stands clear and consistently improves.
It is a new and improved active comprehensive trader platform with advanced functions. It features automatic data sync between Iress Trader and Iress ViewPoint and is compatible with the latest browser versions. It has module linking, an intuitive interface, improved browser alerts, and can manage multiple portfolios. Also, it highlights real-time price streaming and gives you access to genuine exchange pricing and market depth.
Is negative balance protection included with worldtradex accounts?
worldtradex provides free demo accounts where you can practice forex trading with virtual funds in a risk-free environment. It’s an excellent opportunity to gain hands-on experience and test your trading strategies without any financial risk. It is important to note that almost all the brokers provide demo accounts for traders. The Iress trading platform is not popular as the previous trading platforms but doesn’t mean its bad. The Iress trading platform offers advanced charting, real-time market data, and technical indicators to help make informed trading decisions.
Methods Of Payment (Deposit and Withdrawal)
Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. These include articles, webinars, ebooks, podcasts and other educational videos.
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. worldtradex uses an ECN for Forex on Raw accounts, providing direct pricing from top-tier liquidity providers with no markup. For certain https://worldtradex.club/ CFDs and Equities, they offer Direct Market Access (DMA), allowing real-time access to live market prices straight from exchanges. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.
Demo accounts are available and are initially set to expire after 30 days of inactivity. However, they can remain active indefinitely as long as the account is regularly utilized. Additionally, they use STP (Straight-Through Processing), routing orders directly to liquidity providers without a dealing desk.
Learn more about capital.com and dedicated yourself to which broker is better for you. The majority of these payment methods do not charge any fees, especially for MT4 and MT5 accounts. However, IRESS accounts usually charge a small percentage of the fee for processing your deposit.
Research Tools worldtradex
All you need to do is to fill up the Trading Application Form on the official website of worldtradex. First, enter your personal details (First and Last Name, Country, Phone, and Email). Then is for you to share more about yourself, like address, employment status, and date of birth. Afterward, you can choose what type of platform you wish to use (MT4/MT5), account type (Standard/ECN Raw), and base currency.
worldtradex places its clients’ funds in segregated accounts with AA-rated Australian banks, separate from its bank accounts. However, you won’t be able to access a compensation fund should worldtradex go bankrupt. The broker maintains client funds in segregated accounts, protecting them from operational risks. While European clients under CySEC have the added benefit from the Investor Compensation Fund. This comprehensive offering makes worldtradex a versatile platform for both individual and wholesale traders. We had a positive trading experience with worldtradex, with consistently swift execution on our trades.
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. worldtradex offers a broad array of trading instruments including over 70 currency pairs (7 majors, 21 minors, and various exotics), more than 780 share CFDs, 46 ETFs, and 2 bonds. The platform also includes over 15 equity index CFDs, 8 additional index CFDs through Direct Market Access, and a variety of commodities comprising 17 metals, 5 energy products, and 7 soft commodities. Additionally, worldtradex offers 12 major and minor cryptocurrency CFDs with availability depending on the region.