In other words, for every trade it charges $14 which is 40% higher than the industry standard. 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. Cent account includes transactions and balances in USD cents, with a minimum deposit requirement of $0. 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.
worldtradex enables deposits and withdrawals through several methods including wire transfer, credit/debit cards (Visa and Mastercard), ewallets (Neteller and Skrill), and crypto. If you deposit less than $100 with a bank wire (or less than $250 under the regulation of the Cyprus Securities and Exchange Commission, CySEC), you might be charged processing fees. However, worldtradex will cover these commissions if you https://worldtradex.site/ deposit more than those amounts. Regarding the HF Markets for traders in the EU, UK, and Australia the list of the available account base currency is USD, EUR, PLN. It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies. For CFD trading, worldtradex offers a wide range of assets and has been recognized for its excellent trading conditions.
Ultimately, this means that traders get the very best price from the many liquidity providers that worldtradex has in place. 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. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Yes, based on your detected country of FI, you can open an account with this broker.
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. Fast execution speed of the platform provided by worldtradex liquidity providers is conducive in volatile market situations so that traders may seize opportunities with good trading speeds. 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.
- Access our free educational resources to improve your trading skills and strategy.
- The worldtradex Zero account requires a minimum deposit of $0 which makes it readily accessible.
- worldtradex is very balanced proposal with all the aspects, but definitely a winner for Forex Education, Webinars and the range of Seminars provided, we find broker best in that aspect and great for beginning traders.
- 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.
- worldtradex offers 4 account types Cent, Zero, Pro, Premium and Top-up Bonus with tight spreads averaging EUR USD 0.1 also operating unrestricted liquidity.
Compare Trading Accounts
worldtradex is a globally recognized company dedicated to providing several account types and trading platforms, catering to both novice and experienced traders. While the Zero Spread account’s spreads start at 0 pip with interbank quotes and trading charges built into comission. Overall, worldtradex is a well-established customer-oriented broker with a secure, regulated trading environment suitable for almost every trader. Since 2010, worldtradex has enabled traders to explore opportunities in the financial markets.
Through a Swap-Free trading tool, worldtradex lets traders hold positions without paying these fees on particular accounts. Those following Sharia law and wanting to minimize overnight expenses will benefit from this option. The broker offers a well-rounded package of features, with flexible account types, diverse trading instruments mainly suitable for Forex trading and some CFDs, with excellent research and Education Free materials. Please note that there is a limit to the number of trading accounts a client can open on HF Markets MT4 and MT5 trading platforms.
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. 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. These currency pairs are referred to as major currency pairs, and they account for more than 80% of the daily trading volume in the Forex market.
Education
The worldtradex Premium account supports multiple trading platforms, including MT4, MT5, and the worldtradex App. Additionally, the worldtradex Premium account is available as a swap-free option, accommodating traders of Islamic faith. The worldtradex Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0. The Zero account provides traders access to all worldtradex trading instruments globally, with a minimum trade size of 0.01 lot. At worldtradex you can find over 50 Forex pairs and 500 CFD assets, including metals, energies, indices, stocks, commodities, bonds, ETFs, and cryptos.
Forex Trading
Take your trading to the next level https://worldtradex.club/ with our top-notch trading tools and services. All you have to do is open a live account and give your trading a boost as you learn about the latest developments, make complex calculations in a few steps or stay updated on currency pair movements. Designed from the ground up to suit the needs of all traders, from beginners to advanced, these are the best trading accounts in the industry. These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. Traders can utilise both MT4 and MT5 trading platforms with the worldtradex Premium Pro account.
Overall, worldtradex’s platform selection ranks good, with a rating of 4.2/5, for industry popular software offered making it suitable for various trading styles and strategies. However, for alternative and specialized platforms like TradingView or cTrader worldtradex is not an option since Broker does not provide these software. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family.
Additionally, the worldtradex withdrawal method must be the same used for depositing funds. worldtradex (formerly known as HotForex) is an online brokerage firm founded in 2010 in Cyprus, part of the HF Markets Group. Access our free educational resources to improve your trading skills and strategy. Access a wide range of desktop, web and mobile Trading Platforms including the worldtradex platform, MetaTrader 4 and MetaTrader 5. Although email support responded in approximately 24 hours, it usually provided thorough, well-organized responses with links to other resources.
Which is allows any size or profile trader choose between various spreads and liquidity providers via automated trading platforms and perform any strategy, including News trading. The worldtradex Zero account offers spreads starting from 0 pips, with a trading volume commission of $6/lot round turn, which is 14% cheaper than the industry standard commission of $7/lot. The worldtradex Zero account features raw spreads from 0 pips and a trading volume commission of $6/lot round turn.
They also make money through deposit and withdrawal fees and B-Book execution policies. The worldtradex Cent account offers spreads starting from 1.4 pips, which is 40% higher than the industry standard of 1 pip, and no attached trading volume commissions. However, in the context of Cent Accounts, worldtradex’s spreads are more competitive than its competitors. For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip. However, it should be noted that PAMM accounts generally have higher spreads than normal accounts. worldtradex offers CFD (Contract For Difference) trading on Forex, commodities, stocks, cryptos and indices.
Use the Trader’s Board to compare major currencies against each other, the Calculators to perform calculations or the Economic Calendar to track upcoming events and anticipate how the market will be affected.
