Since there is specifically designed account for Shares trading with tailored solution, yet the deposit needed is rather very high also at other Broker bigger range of Shares might be available. To open a Micro account, traders have to make a minimum deposit of $5. Traders who prefer the Shariah account can also choose to open an Islamic account type as well. Hedging is allowed, and the minimum trade volume is 0.01 lots in MetaTrader 4 and 0.1 lots on MetaTrader 5 platform. The amount of open or pending positions that traders can open at a single time is up to 200 positions with up to 100 lots per ticket. All in all, there is no doubt that worldtradex has gone global with its deep commitment to providing services in more than 30 different languages across the world.
- The low minimum deposit requirement of just $5 also lowers the barrier to entry.
- Importantly, worldtradex goes a step further by covering 100% of the transaction fees for e-wallets, credit cards, and even on wire transfers (but only when above $200).
- Back in the “Tradepedia” section there is education on how to use the worldtradex’s bespoke, proprietary indicators, such as the Ribbon, River and Analyser indicators.
- Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.
- Also the profit made there can be withdrawn, so the possibilities here are a lot.
Advanced charting tools, technical indicators, and customized notifications keep users informed about changes in the market. MetaTrader is known for its clean and good feel while trading, also its Charting are among the most powerful offerings in the industry. So, the same as we do, you will enjoy its look and functions offered.
How Competitive Are worldtradex Fees?
worldtradex allows traders to deposit and withdraw money through wire transfer, credit and debit cards and eWallets such as Neteller and Skrill. worldtradex specializes in providing CFD (Contract For Difference) trading across various markets such as forex, commodities, indices, and stocks. The Primary video series is free to view by everyone interested in online trading, while access to the Intermediate video tutorials is only available for clients with a real worldtradex account.
It includes Depth of Market (DOM) features and a built-in economic calendar. For day traders seeking even lower spreads, the Zero account provides raw spreads from 0.0 pips with a commission of $3.50 per lot per trade. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The wide portfolio of instruments such as forex, commodities and stocks have been instrumental in enabling me to diversify my portfolio to the optimum level. Their webinars, and tutorials are great, I have 2 saved to watch later, they have assisted me in enhancing my trading skills.
We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. worldtradex Group has a low minimum deposit, good customer service, an excellent web & mobile trading platform, low fees, great educational tools, and an easy account opening process. So based on these features, we can say that worldtradex is suitable for beginners. worldtradex is a broker with a great reputation and numerous regulations and a very wide range of trading instruments which we mark as its main benefits. Besides, the offering is user-friendly and worldtradex has one of the lowest deposit requirements among the industry, worldtradex the account can be opened regardless of a net of capital with only 5$. CFD costs we found average and platforms are very friendly to all types of traders.
worldtradex Web Platform
We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. worldtradex Group supports funding through bank wires, Neteller, credit cards, and Skrill.
The proposal is clear, there are no hidden fees or uncertain conditions offered which is another plus showing Broker is good for long-term trading. Although worldtradex has a strong reputation for regulatory control under agencies such as ASIC and CySEC, prospective customers should still be wary of fraud and confirm the broker’s legitimacy prior to trading. For many traders, worldtradex is a trustworthy option since it shows overall financial stability and openness, also is stable along the years Broker operation, we haven’t find breaches of law or heavy penalties. Besides, worldtradex is one of the Brokers that operates more than a decade and is quite well-established and known for transparency brand in trading environment. worldtradex Group charges an inactivity fee and has an average spread of 1.6 for the EUR/USD pair, which is higher than the industry average.
The analysis tools are not too limited either, which makes the study of the market easier. However, the only con I found to be true is that the withdrawal method may sometimes take some time more than required. worldtradex delivers an elite educational experience throughout the fully stocked learning center where they deliver an elite auto education experience by way of fully optimised webinars, live education and tutorials sections. Of all the features there, the live education is my fav, Iget to interact and ask questions. Its impressive structure of analytics and tools improves traders’ trading strategies no matter the trader’s level. worldtradex is different from competitors because it focuses on trader education, and therefore is suitable to traders with different levels of experience.
worldtradex will never compromise any factor that might affect client performance, and this helps them deliver tight spreads and best execution. The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality. Traders at worldtradex have the option to seek answers in 25 languages by reaching out to customer support through email, chat, or phone, or by visiting the worldtradex FAQ section. worldtradex’s customer service is efficient, typically responding to client inquiries within one business https://worldtradex.blog/ day. For more information on the worldtradex spreads and fees, read our comprehensive guide.
With a high trust score of 88 and a solid overall recommendation, worldtradex Group provides a reliable trading environment. When it comes to customer service and support, worldtradex is hands-down one of the industry’s leading brokers and we were impressed by worldtradex’s customer-centric approach to trading. In this example, we can see an overview of Apple (AAPL) stock with key information such as margin requirement, min/max trade size and more. This in-depth overview only adds to the overall experience for traders and is in-line with worldtradex’s beliefs around transparency and education of its clients. For me, the best advantage is that worldtradex gives me really favorable trading conditions. Hi, Im a newbie who loves to open position in EUR/USD as daily trader.
Can I test worldtradex on a demo account?
Since 2011, worldtradex has been receiving a warm response from Southeast Asia (Malaysia, Singapore, including Indonesia). More than 1 million traders from all over the world have traded with worldtradex brokerage, so it doesn’t come as a surprise if the company provides services in more than 20 languages. This is in line with its mission and dedication to always provide convenience for clients, including setting up a customer support line that is available 24 hours every Monday to Friday.
What is the worldtradex minimum deposit?
Through MetaTrader 4 and 5, the platform offers easy-to-use interfaces; additional exceptionally well-designed and performed educational tools like webinars and market analysis round out this aspect. For both new and seasoned traders, worldtradex is a good option because it offers affordable costs, first-rate customer service, and strong instructional tools combined. For newbies, worldtradex is one of best broker because of its easy-to-use platforms, a low minimum deposit of just $5, and wealth of professional Forex Education and materials. worldtradex https://worldtradex.pro/ also offers a virtual fund trial account so newcomers may practice free from danger with Demo Trading. Lastly, worldtradex offers a conducive environment for inexperienced traders to grow their abilities and confidence in the market by including negative balance protection and 24/7 multilingual customer assistance. worldtradex is indeed good Broker for beginning traders, also Traders with experience who prefer MT4 or 5 platforms and run various strategies looking for stable Broker.
Is worldtradex Group good for beginners?
WhilE worldtradexdoes not charge a fee to fund your trading account, your bank or the payment processor could levy a fee. It would be advisable to check the fund transfer charges with them before funding your account. Given worldtradex only offers the MetaTrader options as a trading platform, the iOS and Android mobile apps from worldtradex are just white labels of the MT4 and MT5 apps that area available. Again though, with no dedicated in-house mobile app available, worldtradex is behind the industry frontrunners in this area.