As we find at worldtradex Account offerings there are two ECN accounts offered which differ by the level of trading size, experience, and particular demands. The most popular and widely used worldtradex ECN XL Account features extra benefits of zero swaps, commissions, or mark-ups, or might be fully tailored solution for active traders or those who operate bigger sizes. Yet, as we notice ECN Promo account is currently unavailable for signing so mainly worldtradex Login to ECN XL is available. I am happy with the selection of fee-free funding methods accepted by worldtradex, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay. This makes it easy for global traders to get started with the forex broker.
Is worldtradex A Regulated Forex Broker?
For both new and seasoned traders looking for a strong but straightforward trading environment, worldtradex’s MT4 platform is an overall fit. Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading. These tools include a Free VPS, Economic Calendar, Economic Analysis and Forex Live Charts.
worldtradex Security
worldtradex generally processes withdrawal requests within 24 hours, ensuring swift access to your funds. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. You just need to click on the ‘Register’ button at the top-right corner of the brokers website.
How To Make A Forex Trade
Whether you’re a beginner exploring the markets or an experienced trader looking for advanced features, worldtradex’s offerings cater to a wide range of trading needs, making it a broker worth considering in your forex journey. Indices trading is another key offering at worldtradex, allowing traders to gain exposure to the performance of entire stock markets through major global indices. worldtradex provides access to a variety of indices, including well-known benchmarks such as the S&P 500, Dow Jones Industrial Average (DJIA), NASDAQ Composite, FTSE 100, DAX 30, and Nikkei 225.
Forex Broker Reviews
For a final thought, we see worldtradex as a company that gives an opportunity to engage in trading with the STP/ ECN model and quotes provided directly by the liquidity providers. The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different levels to start trading in worldtradex conveniently. A responsive and knowledgeable customer support team is a hallmark of worldtradex. Traders can access assistance via live chat, email, or phone, ensuring prompt resolution of queries. Additionally, worldtradex provides educational resources, including webinars and tutorials, to support traders at all levels in enhancing their trading skills.
- Free demo accounts are available if you don’t want to take any risk whilst practising.
- Our worldtradex review discovered that ECN Standard accounts’ minimum deposit was $100, which ECN XL and ECN Advanced were $10,000 and $100,000 respectively.
- On the contrary, a market maker broker can take the opposite side of your position which means they can mark-up prices which I don’t think gives a level playing field.
- You just need to click on the ‘Register’ button at the top-right corner of the brokers website.
- The broker does not charge any fees for inactivity or deposits on certain account types, allowing traders to maintain and fund their accounts without worrying about hidden costs.
- Some traders might not like the light level of regulation, but the trading conditions speak for themselves.
An additional mile in the foundation is the worldtradex NY4 Equinix MT4 server. This server facilitates the quick execution of all transactions in the Forex market. worldtradex’s commitment to multilingual support enhances accessibility for clients from various regions, although it’s important to note that support is unavailable on weekends. The asset being traded will affect these fees, which apply to both long and short positions. Swaps can be either positive or negative based on the interest rate differential between the two currencies in a currency pair.
😂 Anyway, I joined them because their reputation speaks for themselves.Nonetheless, I was really surprised when I found out that it’s possible to trade crypto currencies here. I would have never guessed that this old broker would be able to provide crypto pairs for trading. It’s important to note that while using the VPS service, the client is responsible for the security of their VPS account and the safety of the data on it. I like the fact that this account contains tons of various features, which generally divided between several accs.
- By doing so, we aim to create an optimized trading environment where the incurred costs are minimized, allowing traders to maximize their potential profits and maintain robust financial health.
- worldtradex offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs.
- Maybe one of the reliable brokers I’ve worked with, and I’ve worked with a bunch of them already.
- This is pretty standard procedure when dealing with a regulated broker as they must follow AML policies.
- They are so committed to providing transparent services and making sure their traders have nothing to worry about.
- Known for its user-friendly interface and robust features, MT4 offers a seamless trading experience.
Account Types:
worldtradex does not charge particular fees for overnight holding of positions outside the average swap rates. It’s important to note that bonus terms and conditions apply, so carefully review them before claiming any offers. Both platforms are available on desktop, web, and mobile devices, allowing you to trade on the go and monitor your positions anytime, anywhere. Processing times vary depending on the https://worldtradex.pro/ chosen method, with bank wires taking longer than e-wallets.
Utilizing the MetaTrader 4 platform, worldtradex provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices. Traders have access to a range of Forex tools providing invaluable insights into Forex trading trends, including Forex calculators, live quotes, market hours, and more. worldtradex’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies. With indices from various global markets, diverse metal trading options against the US dollar and the euro, a broad spectrum of cryptocurrencies, and spot oil trading, worldtradex stands as a versatile trading platform. With its stringent adherence to CySEC regulations, worldtradex grants clients access to a consummate Forex model STP/ECN, establishing itself as a non-market maker, distinctly separating it from Dealing Desk brokers. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features.
Clients can find the provision in the Investment Services General Conditions PDF. worldtradex has a clean regulatory track record and established itself as a secure and trustworthy broker. In conclusion, worldtradex is a broker that we believe could be a good option for traders both in the EU and elsewhere who trade mainly forex and like the MT4 platform. The broker offers high leverage for international traders, which is something many people are looking for.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
These findings are based on our first-hand experience trading at worldtradex and take into account the overall experience for day traders. Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market. I appreciate the support team of the worldtradex broker for the help I get here in terms of conversations and questions that I ask about different issues. I was attracted by low margin requirements, high leverage and tight floating spreads.