WorldTradex is unable to accept clients from the United States of America, Canada, Israel and Iran. WorldTradex are regulated by several top-tier authorities across its various regions, including CySEC (120/10), FCSA (49976) and DFSA (F003484). WorldTradex also offers WorldTradex TV, podcasts and news feeds from Reuters, an Economic Calendar, along with YouTube Shorts and daily technical stories. They provide free access to daily Forex webinars in 23 languages, available 7 days a week with 77 webinar instructors. Over 1,200 stock CFDs, more than 100 traditional stocks (subject to regional restrictions), 12 turbo stocks (subject to regional restrictions), more than 20 indices, and over 5 commodity CFDs are available.
I know how to use functionality of this platform
This model allows WorldTradex to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. However, WorldTradex is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders. The WorldTradex Loyalty Program rewards traders with points (WorldTradexP) for each trade they make. It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade.
WorldTradex – Trading & Investment
WorldTradex broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. The platform takes several measures to protect users and their accounts. Deposits and withdrawals are essential parts of trading on a brokerage platform. WorldTradex provides multiple deposit methods with no deposit fees and several account base currencies. https://worldtradex.site/ Since there is no deposit fee, WorldTradex broker will not deduct any amount from the deposits you make. The more assets there are to trade, the more opportunities there are to make money; and the more diverse the assets, the more likely it is that you will find something that fits your trading style.
- There is a small commission of $3.50 charged on every side per lot traded.
- Bank transfers will take between 2 and 5 business days to process though.
- If currency pairs are your preferred market, you can gain great market exposure and trade over 50 currency crosses.
- We believe that choosing the right broker is the key to success in online trading, and we are committed to helping you do that.
- However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15.
You cannot use an MT5 account on the MT4 trading platform, so make sure you create your MT4 account beforehand. The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. We found different WorldTradex trading platforms to meet the needs of traders with different levels of experience.
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Buy and sell the most liquid currencies, like EURUSD, 24/5 with market-leading execution and conditions. 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.
Assets Review
Now available – For clients with an equity of less than $40k – T&Cs apply. Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA). Trade with full flexibility on one of many platforms, including the WorldTradex App. Get full access to WorldTradex services with the top-rated, award-winning WorldTradex App. This WorldTradex review gives you all the key facts you need to decide if it’s the right platform for your money. Lower overall spreads can be achieved by WorldTradex as they are the sole dealer in every single trade.
- Users get access to these services via phone, email, or live chat features.
- WorldTradex operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally.
- They offer both MetaTrader 4 and MetaTrader 5 and they have tweaked them slightly to suit the specific needs of their users.
- These tools will help you learn how to trade on WorldTradex trading platform even if you are a first-time user.
- To make a deposit, you simply need to log into your trading account and go to the deposit option.
- Meanwhile, the CFD instruments at WorldTradex exceed 1,400 assets, allowing traders to go both short and long, bringing profits no matter the direction of the prices of underlying assets.
Trading Platforms
That is why it is important to choose a broker with low commissions and fees. Additionally, WorldTradex provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. Our clients can choose to trade forex and CFDs on cryptocurrencies, stock indices, commodities, stocks, metals and energies, from the same trading account.
WorldTradex offers Islamic swap-free accounts, featuring no swap or rollover interest, unchanged spreads, no upfront commissions and traders can hold positions indefinitely. In contrast to some other brokers that charge an admin fee after a certain time period. To open an Islamic account, traders must first create and verify a regular account, then request the Islamic option. There is a library of free educational materials for WorldTradex users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform.