The platform proved ideal for beginners or advanced traders throughout testing we admit its robust functionality and straightforward UI. Compared to its predecessor, MT5 covers a larger spectrum of financial products by its basic settings, yet at worldtradex we findrange of tradable instruments similar across all its platforms. The points to markup are over eighty technical indicators and twenty-one distinct timeframes, enabling thorough market research.

In summary, worldtradex is advised for Traders looking for stability of operation, proven timely platforms with no restriction on strategies and traders in need of lower spreads once trading size grows. Also, Zero Account of worldtradex can save costs for more seasoned traders, while High-frequency traders, in particular, value the commission structure and incredibly tight spreads. Yet, worldtradex might not be the best for traders who prefer other than MetaTrader platforms and need thousands of tradable instruments. worldtradex’s primary income sources are spreads on all the accounts and trading volume commissions of $6/lot round turn on the Zero account. worldtradex also makes money from swap fees on open positions overnight and inactivity fees of $5 per month after six months. Deposit and withdrawal fees vary, with specific charges for bank wire deposits below $100 and BitPay withdrawals.

Cost Structure and Fees

Cent account is ideal for those moving from a demo to a real trading environment. THe worldtradex demo account can be used to test your Forex strategies and worldtradex platforms for an unlimited usage of time. Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother withdrawal process, which can make it faster to some extent, make sure your KYC information on worldtradex (i.e. your personal information provided) is up to date. When it comes to withdrawal fees, worldtradex does not charge any fees on withdrawals except for a 1% commission when using BitPay. worldtradex enables deposits and withdrawals through several methods including wire transfer, credit/debit cards (Visa and Mastercard), ewallets (Neteller and Skrill), and crypto.

Education

The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0. Top Up account grants access to all worldtradex trading instruments and provides a minimum trade size of 0.01 lot. The firm protects funds with various safeguards such as segregated bank accounts. It emphasises data security, using encrypted data transmission and storage to protect sensitive information, and employs technologically solid trading platforms like MetaTrader, known for their reliability.

Testing the worldtradex online platform reveals simple https://worldtradex.pro/ layout makes it easier to navigate for beginning and expert traders. Platform improves the trading experience by allowing flawless trade execution, account monitoring, and access to real-time market data. An interest paid or earned for overnight retention of an investment is called the rollover or swap fee is a typical charge applied to all trade so should be calculated as trading fee alike. Through a Swap-Free trading tool, worldtradex lets traders hold positions without paying these fees on particular accounts.

worldtradex Premium Account

Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tools smartly. For stock CFDs, no commissions are generally applied, while cryptocurrency trades may incur a small fee per round lot turn. However, according to applicable laws and regulations, the conditions vary from one entity to another, see our snapshot of worldtradex licenses below.

The worldtradex demo account is a type of trading account that allows users to experience the worldtradex service at no cost using virtual funds. worldtradex may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected. This ensures clients’ investments are secure and minimises the risk of losing more than their initial investment. Yes, worldtradex is considered safe (even though this is not a guarantee of positive future results) as it adheres to strict regulatory and financial standards, ensuring that clients’ money, deposits and withdrawals are secure. At worldtradex you can find over 50 Forex pairs and 500 CFD assets, including metals, energies, indices, stocks, commodities, bonds, ETFs, and cryptos.

Trading Platforms and Tools

  • The worldtradex Cent account is a beginner-friendly trading option only available to international clients under the regulation of the Financial Services Authority (FSA) of Seychelles.
  • The worldtradex average cost per trade is $11,25, calculated as an average across all worldtradex account types (12,50% higher than the average cost per trade industry standard), considering a 1 lot volume trade on the EUR/USD Forex pair.
  • Lastly, for reliability, worldtradex is highly regulated by authorities and holds top-tier licenses ensuring credibility.
  • Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.

No, the only worldtradex demo accounts available are the Cent, Zero, Premium and Pro accounts. Upon opening the worldtradex demo account you can start with a virtual balance of up to $100,000 while also installing and trying EAs as we have explained in our worldtradex demo account guide. Regarding the HF Markets for traders in the EU, UK, and Australia the list of the available account base currency is USD, EUR, PLN. worldtradex (and all the HF Markets Group entities) ensures client funds’ protection through segregated bank accounts, safeguarding them in case of broker insolvency or bankruptcy.

Overall, the selection of worldtradex instruments is good covering most of the popular markets, yet all are mainly offered on CFD basis, also the range is indeed lower compared to Broker offering thousands of instruments. Also important to note, the https://worldtradex.club/ selection of the instruments might vary based on the entity you are registered with. The app keeps good information about market moves with charting tools, real-time price updates, and automatic market alerts. Another outstanding feature is fast order processing on the app too, which enables quick reactions to evolving market conditions.

Traders using the worldtradex Zero account can choose between the MT4 and MT5 trading platforms. The account also comes with an Islamic swap-free option, accommodating a range of trading preferences and needs. In order to meet the worldtradex minimum deposit, you can use payment methods such as bank wires, credit/debit cards, ewallets and cryptocurrencies. Your funds will be ready on the worldtradex account almost instantaneously, except for the bank wire deposits which may take a couple of business days to get through.

Premium Pro account provides access to all worldtradex trading instruments with a minimum trade size of 0.01 lot. Pro account provides access to all worldtradex trading instruments with a minimum trade size of 0.01 lot. The Premium account provides access to the full range of worldtradex trading instruments, with a minimum trade size of 0.01 lot. The base currency options within the worldtradex Zero account include USD, EUR, PLN, NGN, and JPY, depending on the trader’s region and the broker’s entity.

Ultimately, this means that traders get the very best price from the many liquidity providers that worldtradex has in place. worldtradex withdrawals are secure, but can be quite slow requiring up to 10 business days to get through. However, if you withdraw money with Skrill or Neteller, the withdrawal is instant. Additionally, the worldtradex withdrawal method must be the same used for depositing funds. worldtradex is a trusted and global brokerage firm for online Forex and CFD trading established in 2010, and since then it has garnered a trustworthy reputation in the industry, making it a popular choice globally. All information on 55brokers.com is only published for general information purposes.