worldtradex offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range. On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. The in-house worldtradex copy trading function is a welcome addition to the suite of services. In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. Spreads can be as tight as 0.0 pips and those who go with the ECN/STP processing option will be provided with exceptional flow quality and reduced slippage.
- All of the platforms on offer are well regarded in the trading community.
- Major stock indices track a basket of the most important stocks on a certain stock exchange.
- This platform has clients originating from over 100nations around the world.
- This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits.
Commission
Additionally, their competitions and trading bonusesadd an edge to their brokerage. For novice and even experienced brokers, worldtradexFX offers a wide rangeof educational materials. Bring your trading to the next level with worldtradexTrader, worldtradex’s own trading platform.
Deposit and Withdrawal Fee
The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements. These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels. They are categorised into types, such as Trends, Oscillators, Volumes, and Custom.
Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Founded in 2011 in Cyprus, worldtradexFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit. worldtradex offers a variety of trading platforms, including MetaTrader 4 and MetaTrader 5, which are known to every trader.
STP (Straight-through processing) is basically done through electronic transfers. With cTrader, users can trade directly with prominent banks globally. It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click.
Money Protection
Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay. NBP — the worldtradex management/trade order system ensures that the client cannot lose more than the initial deposit in their account. Even if a position ‘gaps’ in extreme market conditions, then the client will lose the funds in their account by no more than that. A lot of brokers consider them mutually exclusive, so only offer one, if any at all.
MetaTrader 4 charting tools for technical analysis
A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. All of the platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the worldtradexTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive.
The account is available on both MT4 and MT5 Worldtradex forex broker trading platforms, and comes with market execution. Established in 2011 and located in London, worldtradexFx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account.
Choose from 300+ trading instruments, including shares, commodities, and indices. There is no way you can trade indices directly, but you can trade contracts on indices with worldtradex. This way, you can make profits just by correctly predicting how an index is going to change.
- worldtradexFx boasts of a spread floating, starting from as low as 0.6pips.
- Even though the price changes are small, they add up over the course of the day—smaller profit opportunities are easier to catch than the larger ones.
- This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.
- With worldtradexFX another of the measures in place to keep you safe as a trader is negative balance protection.
worldtradex live quotes and spreads for indices
They complain of worldtradexFx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, worldtradexFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy. The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams. worldtradexTrader offers a fine array of charting tools to allow for a smooth desktop trading experience.
worldtradex is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through worldtradexFX.com and worldtradexFX.eu. It also provides for detailed analysis with market reports and more to offer.
These are, EUR within the EU, and both EUR, and USD for traders outside the EU. This is rather a limited selection compared with other top brokers. You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips.
To bear testimony of the reliability of worldtradexFX, the broker has been awarded several awards in recognition of their achievements by Global Banking & Finance review. In 2012 just a year after they started operation, they were named the Fastest Growing Micro Forex Broker. worldtradexFX was also tagged as the Best Customer Service Broker Asia in 2013. In the same year, they also recognized by World Finance Magazines as the Best Broker Central Asia and the Best Broker Central & Eastern Europe. FX Empire also tagged worldtradexFX as the Best Customer Service Broker. In 2015, worldtradexFX was nominated by the Forex Report for the brokers “Outstanding Contribution to the FX Industry” and as well as being the Best STP Broker for 2015.
For example, the NASDAQ 100, one of the leading US indices, consists of 100 stocks traded on the Nasdaq stock exchange. No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app. Going by customers’ review, worldtradexFx can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts.
Investors can benefit from trading on the most popular market indices such as NASDAQ, Eurostoxx 50, Dow Jones etc. worldtradex trading app is quick, offering low spreads, fast withdrawals, and a 0% commission. A clear and user-friendly interface is perfect for every trader who values comfort.
Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points. Although worldtradexFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. worldtradexFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. Most clients with high volume accounts have an adverse opinion about the company.
Yes, it offers a proprietary trading platform known as worldtradexTrader. The broker claims to process withdrawals by cryptocurrency immediately but withdrawals with bank payment could take 1-3 hours depending on the processing bank. The broker’s login process begins with a visit to the official site, worldtradexfx.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage.
