Starting with the regulation in Cyprus (which covers the EU’s ESMA regulation), expansion has included Australia (a strong, tier-one jurisdiction) and latterly in Belize. Enter the world’s most liquid market with the confidence of having a leading broker at your side. Contact us directly for further inquiries about our products and services. A $10 monthly inactivity fee is appliedif an account remains dormant for more than 90 days. We reached out through both the chat service and WhatsApp multiple times, and each time received responses within a minute. worldtradex is unable to accept clients from the United States of America, Canada, Israel and Iran.
- worldtradex Group offers free comprehensive education and research tools for traders including Analyzzer signals, daily technical analysis, market research and daily market commentary.
- Traders using theStandard Account are eligible for the worldtradex Bonus scheme, with a minimum depositof just $5.
- Login with your email if you just registered, or you already have an worldtradex profile.If you don’t have an worldtradex profile yet, enter your MetaTrader credentials to proceed with creating one.
- If you’re an avid trader in the forex market, you know that accurate calculations are essential to your success.
- It provides a reliable and secure environment for trading, with high-speed internet connectivity and 24/7 uptime.
Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. Every client, regardless of account size, gets access to the same excellent trading conditions. Everyone who chooses worldtradex has the same opportunity to pursue their investment goals. The worldtradex Currency Converter is an invaluable tool for traders who need to make quick decisions based on currency rates.
Open Your Account
It includes more than 50 cryptocurrency CFDs available only in regions regulated by the Financial Services Commission (FSC) of Belize. While both worldtradex entities provide a comprehensive range of trading options, specific offerings may vary due to different regulatory requirements. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage.
worldtradex is a group of brokers operating in jurisdictions around the world under the umbrella of the parent company Trading Point of Financial Instruments Ltd. The company was founded in 2009 in just over 11 years it has grown to have had over 10 million clients from 190 countries all over the world. Pepperstone is a world-class broker and the better choice for Worldtradex scammers algorithmic and high-volume trading, while worldtradex is the better choice for beginners and copy traders. Boost the potential of your trades with leverage for traders of all levels.
Account Types
worldtradex follows a strict withdrawal policy that requires clients to withdraw funds using the same methods as their initial deposit. This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers. Deposits into worldtradex trading accounts can be made in various currencies, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR and USDT. It is possible to make deposits in other currencies outside these listed but there will be exchange fees. worldtradex Global provides traders with an economic calendar that shows upcoming economic events and their potential impact on the markets.
- Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading.
- Whether you need to calculate pip values, margins, profits, or overnight interest rates, worldtradex Global has a tool to help you.
- worldtradex is unable to accept clients from the United States of America, Canada, Israel and Iran.
- Additionally, support is available in over 30languages, making it easy for traders worldwide to get help in their preferredlanguage.
Research & Education
worldtradex Currency ConverterThe worldtradex Currency Converter is a straightforward tool that allows traders to quickly and easily convert one currency into another. The calculator is powered by real-time rates and is updated continuously, ensuring that traders always have access to the most current exchange rates. worldtradex Global provides a comprehensive overview of the markets, including forex, stocks, commodities, and indices. Traders can use this information to stay informed about market trends and identify potential trading opportunities.
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The Micro option allows trading inmicro-lots (1,000 units of the base currency), creating a low-risk environmentideal for beginners or for testing new strategies. Whether you prefer cautioustrading with smaller volumes or larger trades for greater returns, this accountadapts to your needs with competitive spreads, and access to a wide range oftrading instruments. Additionally, the account includes an Islamic option,providing swap-free trading in compliance with Sharia law. Traders using theStandard Account are eligible for the worldtradex Bonus scheme, with a minimum depositof just $5. The broker’s flexible account types,competitive spreads, and zero-commission trading on most accounts make it acost-effective choice. worldtradex’s use of MT4 and MT5 platforms ensures traders haveaccess to advanced tools, while its educational resources and market researchprovide valuable support in making informed trading decisions.
The charges will vary across different instruments and vary from day to day., determined by “tom-next rates”. Tom-next rates are determined by the money markets and are interest rate differentials between two currencies. We believe that worldtradex’s spreads are reasonable but not as competitive as some rival brokers. To help facilitate the customer service that worldtradex offers its clients from around the world, it claims to have support in over 30 languages. It depends on the trader’s trading requirements, as both brokers are quality choices. Pepperstone is better for algorithmic and high-volume traders, while worldtradex is better for beginners and copy traders.
BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. There is also a two-tier bonus on deposits which can give you up to $5000 extra into your trading account. This is a 50% bonus on depositing $1000 (giving you a bonus of $500) and then a further 20% bonus on deposits up to $23,500 (giving you a further bonus of up to $4500). For deposits into the account, they can be made in any currency and will be converted into the base currency of your account by worldtradex prevailing inter-bank price. All deposits via credit/card and e-payment options clear into your account instantly. It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker.
In conclusion, worldtradex Global’s forex calculators are invaluable tools for traders who want to make accurate and informed decisions in the forex market. Whether you need to calculate pip values, margins, profits, or overnight interest rates, worldtradex Global has a tool to help you. By using these calculators, traders can save time and make better-informed trading decisions, leading to more profitable trades. worldtradex Profit and Loss CalculatorThe worldtradex Profit and Loss Calculator is an essential tool for traders who need to calculate their potential profits or losses on a trade.
Although it is not a public company or has a bank attached, we believe they have a strong track record. Looking also at the number of base currencies available, there are 11 to choose from. MetaTrader 4 (MT4) – is good for charting, technical analysis indicators and translates very well across your devices, meaning desktop, tablet and mobile versions interact very well. In other words, opening a trade with the Micro account, a 1 Lot position on EUR/USD gives you exposure to $0.1 per pip (or 10 cents per pip) movement.
Professional traders looking for advanced analytical tools including fundamentals will find themselves disappointed with the offering. At worldtradex there is a Demo Account facility that gives you a virtual balance of $100,000 to play around with and find your feet. The demo account has an unlimited duration, giving you all the time you need to get prepared for trading a real account. This is the final main account that you can open with worldtradex and is a zero spread account.
Moreover, worldtradex stands out with its, securetransaction methods, and a commitment to client safety through measures likenegative balance protection and segregated accounts. While these promotions can boost tradingcapital, traders should always review the terms and conditions to fullyunderstand any restrictions or requirements. worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message.
worldtradex does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. worldtradex does not affirm that the information on its website is suitable to all jurisdictions. Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away. Nobody does more to provide you with what you need to maximise your trading potential.