The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features. At worldtradex, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind. We also offer educational materials and MT4 demo accounts for all traders, letting them practise in a risk-free environment.

Where security is top priority

Further protection is also available through the guaranteed stop loss that worldtradexFX makes available in exchange for a small mark-up when you are opening a position. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. Here are some of the spreads we found on the most commonly traded assets with worldtradexFX as an example. Deposits with worldtradexFX are typically free of any fees.

What Type of Broker is worldtradex?

  • When it comes to spreads and commissions, worldtradexFX works both with floating and fixed spreads.
  • Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.
  • The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee.

For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. Overall, the range is suitable for most traders either beginners or tradrs with experience, also we would mark that range of Products vary https://worldtradex.world/ by the platoform you use also the entity of worldtradexFx. These include credit cards, e-wallets, and bank transfers. The app allows traders to monitor trades on the go. The idea of making the trading space more comfortable was the start.

Indices

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. The indicators can be viewed on the ‘Calendar’ tab of the Toolbox window. To add indicators tothe charts, simply click https://worldtradex.blog/ on ‘Add All Events’ in the calendar menu.

Choose from 300+ trading instruments, including shares, commodities, and indices. Research tools provided by worldtradexFX include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise.

Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. worldtradex’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators.

Terms & Conditions

While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. THerefore, is slightly hard to evaluate worldtradexFX since International codnitions are overall good, and EU are limited compared to industry. ALso, the points worldtradex does not win include instrument selection, lack of commission based accounts and more of the basic choice of platforms, buut spreads and costs at worldtradex are considered good. While other Brokers like Pepperstone or worldtradex, also IC Markets might be more appealing for platforms fees, education and their high reputation too.

It also provides for detailed analysis with market reports and more to offer. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4. There are 5 commodities offered through the broker. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips. worldtradexFX doesn’t charge traders any commission for holding an order overnight.

We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, worldtradexFX would be a top choice. Your funds are safe if you pick the right partner—with data encryption, international verification rules, and secured withdrawals. At worldtradex there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and worldtradex conditions better.

You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. worldtradex also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management. The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication.

As a Invesmtnet Opportunitites avilable at worldtradex we will mark availability of Copy Trading which is a good option for various traders. worldtradex shines in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs. worldtradex Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with worldtradex European entity will fall under ESMA regulation Leverage.

Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. The worldtradexFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.

This protection is further extended if you are an EU trader. Here you can benefit from the ICF insurance protections provided in the case of bankruptcy or insolvency. These will provide you with a compensation of up to €20.000.