With CFD on shares, traders can invest in some of the largest and most successful companies in the world without actually owning any company stock. This type of trading allows investors to speculate and make a profit by taking long or short positions, use leverage and enjoy tight spreads and a 0.10% commission taken https://worldtradex.world/ by worldtradex. Besides, shares, especially when traded from long-term positions, are very stable and provide a reliable generation of profit.

The IB Monthly Reward Plan is an impressive feature that provides cash rewards of up to $1,000. These rewards are based on performance metrics such as net deposits, trading volume, and the number of new clients. worldtradex views IBs as valuable partners who contribute to the growth of worldtradex by expanding its reach.

  • Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible.
  • Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat.
  • It asks for name, e-mail, phone number, country of residence and knowledge and experience.
  • The online broker offers several different account types and trading platforms, as well as a blog, research material and educational resources.

Traders must ensure they execute risk management to avoid magnified losses. worldtradex offers negative balance protection, meaning traders can never lose more than their deposits. worldtradex offers a robust mobile trading app that is available for both iOS and Android devices. This app allows traders to manage their accounts, place orders, and monitor market movements from anywhere. The app is well-suited for beginner traders who want to keep track of their positions while on the go. TradeCopier allows users to automatically copy the strategies of top-performing traders.

I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment. MT4 is ideal for forex traders, offering advanced charting tools and a variety of indicators. MT5 offers more advanced capabilities, such as additional timeframes and more order types, which might appeal to traders looking for more flexibility in their strategies. worldtradex operates under the regulation of several financial authorities, offering a high level of security and protection for traders. The broker is regulated by entities in multiple countries, which ensures that it adheres to strict standards of conduct and financial practices.

  • If you are new to trading online, then you will be pleased to find a demo account option.
  • This bonus is designed to give new clients a strong start in their trading journey by increasing their available capital.
  • The options include the popular MetaTrader 4 and the Personal Multi Account Manager but the broker does not have a proprietary software platform.
  • I always recommend that traders check them before evaluating the total trading costs.

How does worldtradex WebTrader improve trading accessibility?

This average customer rating is based on 21 worldtradex customer reviews submitted by our visitors. For any withdrawal problems, contact customer support on one of the channels described further below. Payments typically take up to 24 hours, though wire transfers may take up to five business days. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative.

worldtradex is a reputed trading broker with a global customer base and a diverse selection of trading products across numerous markets. They Worldtradex are subject to stringent controls and are well-regarded within the industry. Because of the modern trading technology, the trading conditions are among the finest available, with competitive spreads, low commission fees and rapid trade execution speeds. They have user-friendly platforms for all of your devices that you can customise according to your own trading strategies.

With worldtradex, you will have access to all of the tools you need to get started and to rapidly connect with traders from all around the world. As an experienced trader, you can now put your trading skills to use and teach others how to trade by following your trading techniques. I would say that if you are looking specifically for a copy trading platform, then eToro are the industry leaders when it comes to social trading platforms. Fund managers may trade and manage numerous MT4 accounts at the same time using the PMAM platform. It provides clients with an easy-to-use money-management system that includes innovative tools for best market execution. Other brokers worth exploring with managed accounts include Key to Markets.

Best BPay Forex Brokers

worldtradex provides free Virtual Private Server (VPS) hosting, helping traders achieve ultra-fast order execution speeds and diminish the risk of negative slippage. Another perk for scalpers is the one-click trading feature available on MT4. However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and spreads, fast, quality execution on every trade. Although worldtradex’s diverse offerings are commendable, we found some areas that could benefit from improvement.

Before going on to more complicated and advanced methods and approaches, it is critical that you be comfortable with the fundamentals. As an online trader, being up to speed on the latest financial news and happenings can be critical to your success. On the other hand, worldtradex lacks proprietary trading platforms and does not provide other trading platforms except MT4. For a better selection of platforms, you could take a look at Pepperstone as they provide MT4, MT5 and cTrader. That being said, worldtradex do plan on adding the MetaTrader 5 platform soon if that is your platform of choice. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account.

How many partners are involved in worldtradex’s affiliate program?

With access to over 500 instruments, worldtradex ensures that traders have numerous options to explore and capitalize on market opportunities. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.

Live Premium

Welcome bonuses are available at worldtradex when you register for a new account. However, they do change over time and vary between countries, so check the current offers available when you sign up. With that said, the brokerage does have plans to introduce MT5 in the future. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. worldtradex customers can choose from a good range of deposit and withdrawal methods. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Introducing Brokers

In addition, the broker provides affiliates, professionals and investment portfolio managers with a Personal Multi Account Manager (PMAM). worldtradex also offers a virtual private server (VPN) that provides enhanced connection speed, continuous uptime and added security. Keep in mind that the dealing spreads above refer to normal market conditions. worldtradex hosts webinars on a variety of topics, including technical analysis, risk management, and trading tactics, with industry experts.

MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. worldtradex impresses with its probing and layered market research, developed in-house and incorporated from Trading Central.

Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market. The trading conditions at worldtradex are good, and I’ve been able to make steady gains. I like that they have different account types for users of all skill levels.