Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. worldtradex has its own Academy where you can learn via seminars and webinars, or find out about an expo to attend. worldtradex has its own set of trading tools, such as calculators for margins, pips, and currency conversions. There is also free VPS hosting and a visual representation of when the major markets are open. The worldtradex Research mobile app provides financial articles, real-time currency quotes, daily technical and fundamental commentaries, live economic calendar alerts, and daily market news.
Solid Platform for Forex traders
- The choice of trading platform plays a vital role in your trading experience with worldtradex.
- There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week.
- Those who want to trade from a mobile device will have to use a mobile version of MetaTrader 4.
- I think there is more than enough for everyone to find something that they would like to trade.
- SmartFX is an international online Forex and CFDs trading firm offering 24 hours access to a diverse range of trading products including forex currency pairs, commodities, futures, indices and stocks.
- Deposits and withdrawals with Skrill cannot exceed $50,000, and withdrawal fees stand at 1 percent (up to $10,000).
- worldtradex is also active in the Latin American market, serving clients from countries such as Mexico, Brazil, Argentina, Chile, and Colombia.
Generally, you can expect competitive spreads, but it’s crucial to check if any commissions apply. Ensure you are fully https://worldtradex.world/ aware of these costs, as they can affect your trading performance. MetaTrader 4 is a straightforward platform that allows for efficient trading for all skill levels.
Webinars are suitable for traders at all levels, from novices to seasoned professionals. The ECN Account provides you with access to tight spreads and requires paying a commission on trades. Trading via mobile apps enables you to keep your finger on the pulse of market fluctuations and execute trades at your convenience. You’ll appreciate features like real-time notifications and charting tools directly on your device, which can help you make quick and informed decisions regardless of your location. worldtradex provides support in over 30 languages, allowing the platform to be accessible to those around the world. The main website is available in 14 languages, with the option to change language at the top of the page.
What types of accounts does worldtradex offer?
Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. These tools can be used to assist with finding potential trading opportunities, analysing the markets, risk management and more. If you want to run your platforms 24/7, the worldtradex VPS is another fantastic tool they provide. Many years of experience within the trading industry has made worldtradex experts at delivering flexible, bespoke and multifaceted trading platforms. Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms.
MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. worldtradex serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more.
Spreads
After examining various user experiences, it’s clear that trading with worldtradex elicits mixed feelings among traders. While many appreciate the user-friendly interfaces and wide range of assets, some express frustration with technical issues and withdrawal delays. You might find enthusiastic comments on the trading tools offered, but it’s crucial to stay alert for potential pitfalls, especially regarding customer service interactions. With the Standard Account, you can enjoy the benefits of trading without having to pay any commissions. This account type features spreads starting from 1.3 pips, making it suitable for both beginners and experienced traders.
Trading Webinars
- Beginners may stick to MT4 Standard while experienced traders will use MT4 Advanced and professionals or money managers will use the Personal Multi-Account Manager.
- worldtradex provides a range of futures contracts with competitive trading conditions and access to advanced trading platforms to support futures trading strategies.
- The trading process is automated which keeps manual intervention to a minimum and thus helps to maximise efficiency and effectiveness.
- However, it’s crucial to keep in mind that the most overlooked fees in Forex trading are swap rates on leveraged overnight positions.
- worldtradex continues to expand its global reach and offers services in many other countries, including Canada (with specific regulations) and select jurisdictions in the Caribbean.
This ensures that traders from diverse regions can receive assistance in their native language. The platform features a detailed FAQ section that addresses the most common queries, making it a useful resource for quick answers. For real-time assistance, worldtradex provides live chat with fast response times for basic questions, while more specific inquiries are directed via email for thorough resolution. For traders looking to enter the rapidly growing world of digital currencies, worldtradex provides access to popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple.
In the Middle East and Africa, worldtradex offers its services to traders in countries such as the United Arab Emirates, Saudi Arabia, Kuwait, Nigeria, South Africa, and Kenya. The broker provides specialized account options and customer support tailored to the preferences of traders in these regions. worldtradex’s competitive trading conditions and commitment to security make it a preferred choice for many traders across the Middle East and Africa. For visual learners, worldtradex offers a library of video tutorials that explain key trading concepts in a simple and engaging manner.
Markets
The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat. For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law. It’s great that they serve clients from all different backgrounds and with different religious beliefs.
