Switch devices, manage orders on the go, analyse markets with AI, and share your opinion with the community. However, one should also consider worldtradexFX’s fee structure and the requirements to access certain features, such as the VPS service, which requires a $500 initial deposit and a monthly trading minimum. Our findings also highlight that customer service is one of worldtradexFX’s strongest suits, and it consistently receives positive feedback for responsiveness and efficiency.

The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK. worldtradex Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. worldtradexFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. The variety allows you to select an account that best aligns with your trading goals.

worldtradexFX MT4 Micro Account

With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators. Automated trading helps traders enter and exit positions much faster than manual trading. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help traders make predictions. MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability. It offers tools for price change tracking, trend pattern recognition, and automated trading.

• Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform.
• worldtradex (formerly worldtradexFX) is an international broker that has been providing online trading services worldwide since 2011.
• It’s free and provides you with a glimpse of all the three premium accounts that worldtradexFX offers you.
• The MetaTrader platforms are well known for facilitating copy trading and developing trading forums.
• Special competitions are also run on a more ad-hoc basis for the most successful and active traders on the site.

That’s why always bear in mind not to proceed without experiencing the demo account. Well, credit cards, Skrill, Neteller, and Bitcoin are quite better options for international clients, as they’ll process fast transactions. For instance- on a standard account, the spreads are slightly wide, around 1.1 pips for EUR/USD. With plenty of indicators and nine different timeframes, the platform empowers you to trade smartly. That’s why, for a long time, worldtradexFX continues to reserve its top position in the online trading atmosphere. Though other platforms offer you a great range of tradable instruments, worldtradexFX doesn’t.

• The built-in news feed and economic calendar of the platform help traders stay current with market events.
• Once you find the ideal trading platform, fund your account as now you will go on the hunt for the best tradable assets.
• You’ll find multiple avenues to seek help, ensuring that you get the assistance you need promptly and effectively.
• Withdrawals can be initiated via the trading platform or the account dashboard.

Here you can benefit from the ICF insurance protections provided in the case of bankruptcy or insolvency. This physical office presence is still quite light compared with other major brokers, but worldtradexFX does offer trading worldwide. Incorporated into the spread, offering cost-effective trading for CFDs. Based on the user experience, the following rating and reviews are provided. Also, the brand offers you negative balance protection, with enhanced security on various monetary operations.

The MT4 account, also called traditional account, is an account type used by new and experienced traders alike. It not just offers excellent trading and analytical tools, but is also flexible enough to implement simple, as well as, highly complex trading strategies. The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks.

What are indices in trading?

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. The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account. Beginning and expert traders can use the worldtradex web platform because of its easy-to-use interface. It lets customers make rapid and effective trades without unnecessary complexity, therefore supporting complex trading activities.

To make it easier, worldtradexFx has a Copy Trading app developed differently from the mobile app. worldtradexTrader offers a fine array of charting tools to allow for a smooth desktop trading experience. From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization. The spread for all available currency pairs offered by worldtradexFx – including major, minor and exotic pairs are listed in the table below.

Even though this online broker hasn’t got licensed by a legal and most requisite regulatory body, still, people are using it. The platform remains 24 hours active, hence allows you to trade whenever you want. The most notable thing is, you can participate in weekly or monthly demo contests. It’s a golden chance for every trader to earn between $500 to $1000 within one shot. Though, it’s also surprising because worldtradexFX isn’t holding any license from the top-tier financial regulatory bodies.

Markets and Territories

worldtradex offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. For instance- worldtradexFX offers a 50% withdrawal bonus to its user on every deposit. If you choose cTrader ECN, you can trade 28 Currency Pairs, 2 Metals. As you can see, traders can invest in a limited market that probably makes worldtradexFX, not a good option. You can also open a cTrader account with a minimum deposit fee of up to $100, which is quite similar to the MT4 Micro account in terms of leverage. On the other hand, if you trade using the MT 5 trading platform, you can get a broad range of tradable asset classes.

Which Account Types Are Available with worldtradex?

This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. Founded in 2011 in Cyprus, worldtradexFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit. Their customer service is accessible beyond standard business hours, offering 24/7 support in 20+ languages available via Live Chat and email.

The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution. 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips.

worldtradexFX is an international broker that provides a variety of trading options for both novice and experienced Forex traders. worldtradexFX has integrated platforms such as MetaTrader, which provides a no-frills, low-cost trading experience, focusing on transparency and favorable trading conditions. worldtradexFX is a good ECN Worldtradex reviews DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many. 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. Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques.

MetaTrader 5 is a sophisticated trading platform with lots of analytical tools. It is known to be quite popular among intraday trading pros and algorithmic traders thanks to its advanced features. The cashback rebates and affiliate programs demonstrate worldtradexFX’s commitment to adding value to its clients. Their VPS offering for forex traders highlights worldtradexFX’s focus on accommodating automated trading, which is becoming increasingly popular among forex traders.