Join the ranks of over 155,000 customers who have already chosen worldtradex’s services. In this section, the broker provides a news area that is updated and an economic calendar with all the important events of the day and that every trader should know. It also has an area, available under subscription (customers only), with a Forex Daily, Forex Weekly, World Markets Weekly, and Trading Ideas (Market Research).
Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone. With this in mind, worldtradex isn’t the best forex broker for new traders in our view. worldtradex also offers a professional account for high-volume traders with a minimum deposit of $5000.
worldtradex Trading Information 2025
The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. worldtradex is a reasonable forex broker for beginners, but not the best we have tested. The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools. These simulation accounts are a great way for beginners to learn more about forex trading without financial risk.
MetaTrader5 -MetaTrader 5 is a multi-asset trading platformsupporting stocks, futures, forex, and CFDs. It offers single-window trading,advanced charting tools, and a depth of market feature. MetaTrader 5 is offeredwith worldtradex’s MT5 Global account and can be used as a desktop, mobile, orweb app. worldtradex offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds. For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account.
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worldtradex does not charge inactivity fees – a levy we see at many forex brokers we review. The Forex Standard account offers commission-free trading with spreads from 0.5 pips. This is noticeably tighter than the variable spread accounts at the majority of brokerages. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade.
What Are worldtradex Broker Account Types?
Our expansive range of services and financial instruments is designed to offer a seamless, integrated, and comprehensive investment experience for our clients. Their website is well-organized, withinformation readily accessible for prospective traders. Unlike some brokers,worldtradex’s account types are defined by the type of asset traded – forex,stocks and options, futures, or CFDs. They offer a few account types withdiffering market access, fees, and commissions.
Curated Solutions Just For You:
- The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro.
- The integration of worldtradex’s institutional services signifies a step towards comprehensive market exploration and diversified asset allocation.
- There is also the CQG platform with four different solutions that can be used to trade futures and options.
- Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.
- The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.
They offer three forextrading account types, as well as a demo account. Based on our tests, worldtradex is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs.
However, those craving Worldtradex review advanced features might yearn for more than what the broker offers. In other words, worldtradex is for the pragmatic trader seeking simplicity and efficiency. The service offers over a hundred ready-made scenarios for automating client communication, account management, trades, and trading symbol parameters.
worldtradex requires a $3,000 account minimum for trading withthis platform. With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities.
- Based on our evaluation, there aren’t many forex tools to improve the trading experience.
- Our testing of worldtradex also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees.
- Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities.
We will make sure to update our articles with the latest offerings of the broker. By offering a wide selection of instruments, traders can diversify their holdings and capitalize on potential gains across various sectors and asset categories. worldtradex doesn’t charge withdrawal fees, but external payment providers may have their fee structures. Our partners are integral to our ecosystem, and we are devoted to providing them with the tools, support, and environment needed to thrive in the dynamic world of trading. Our headquarters are strategically situated at the heart of Limassol’s bustling business district.
It’s crucial to recognize that online reviews reflect personal opinions and may not capture the full spectrum of client experiences. Traders should view these reviews as one aspect of their comprehensive assessment of worldtradex. While worldtradex advertises 24/7 support, some users have reported occasional delays in response times. Initiating one’s journey with worldtradex is elegantly straightforward and designed with user efficiency in mind.
This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. The huge range of 35,000+ instruments is a key benefit of opening an account. Our tests show that only a select few brokers, such as Saxo Bank, can rival worldtradex when it comes to the number of trading products. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
The rest of this review will explore theofferings, accounts, and trading conditions available from worldtradex ingreater detail. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services. Based on our evaluation, there aren’t many forex tools to improve the trading experience. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation.