For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. These include your full name, gender, country of birth, phone number and the base currency you’d like your account to be held in. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. Opening an account with WorldTradexarkets is a very straightforward, streamlined process. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities.
- He is also very helpful when I need guidance on how to speak to people about joining WorldTradex, he helps me find the words and is super friendly and very professional.
- WorldTradex is a globally recognized company dedicated to providing several account types and trading platforms, catering to both novice and experienced traders.
- The Premium Pro account has a minimum deposit requirement of $5,000 for Professional Clients and $500 for Experienced Retail Clients (Poland traders only).
- Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
- The brokerage firm itself was established in 2010 with its headquarter in Cyprus, yet in addition serves several global offices including Dubai, South Africa also offshore entities in St Vincent and the Grenadines.
- Furthermore, WorldTradex’s offer crypto CFDs frot traders to engage in the expanding digital asset market without personally owning any cryptocurrencies.
Cost Structure and Fees
We were provided with a virtual starting balance of 100,000 USD, which can be topped up on request. We could view charts, news, and analysis, get access to the full-featured MT4 and MT5 platforms, and experience real-time prices and real forex market volatility. With all the available trading resources it seems that WorldTradex is dedicated to providing its clients with an extensive range of trading resources and educational materials, catering to traders of all levels. By taking advantage of these resources, traders can enhance their skills, knowledge, and trading approaches, increasing their chances of success in the financial markets. HF Markets, a leading forex broker, offers its clients an impressive suite of trading platforms to cater to their trading needs. These platforms include MetaTrader 4 and MetaTrader 5 for all devices (Windows, Mac, iOS, Android, Mobile), MetaTrader 4 Web Terminal, https://worldtradex.world/ and the new WorldTradex App.
An overview of the Non Trading Fees
It almost has every desired assets including bitcoin which is pretty daunting and highly volatile too. I bet it will replace other fiat pairs if traders got the psyche of this digital asset. The spreads are average on this but it moves too fast that spreads, commissions etc can be easily covered in the profits even if you scalp. Its my pleasure to write a review for hotforex which i am trading for the last two years. It has good trading platform mt4 which offers smooth trade executions. The payment deposits are instant however withdrawing take up to one business day which is acceptable in my opinion.
What types of educational resources are available?
Because of its no minimum deposit for various account types, great trading instructional tools, and easy-to-use MetaTrader platforms, WorldTradex especially suitable for newbies in trading. Also, the availability of the Cent Account is another plus since not so many Broker right now offering trading on Cents without running major risk. 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.
- WorldTradex withdrawal options include cards, bank transfer by far most used option and various ewallets.
- Beginner traders get a well-thought-out introduction to trading and high-quality research, and advanced traders benefit from a trading environment supportive of manual, algorithmic, social, and copy trading.
- I bet it will replace other fiat pairs if traders got the psyche of this digital asset.
- But Indian clients must rely solely on the reputation of WorldTradex as no additional measures exist to ensure client protection.
- The Forex Education Centre at WorldTradex is dedicated to teaching traders about the forex market in simple terms.
- HF Markets offers a range of account types to cater to traders of all levels.
Supported Platforms
WorldTradex generates revenue through spreads, trading commissions, overnight fees, inactivity fees, currency conversion fees and additional premium services. They also make money through deposit and withdrawal fees and B-Book execution policies. Traders can choose between the MT4 and MT5 trading platforms within the WorldTradex Pro account.
A nice alternative to a demo account, this no deposit incentivization program lets new joiners start trading forex without using any of their own money. WorldTradex provides exclusive analysis on various financial instruments, helping traders make well-informed market decisions. This analysis offers valuable insights into market trends, potential trading opportunities, and expert opinions on market movements.
Raw Account Spreads
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