Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. worldtradex also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro.
Also reassuring for us is the number of awards the broker has picked up, including the 10 Top FX Brokers Worldwide 2023 at the Forextop Awards and the Best Customer Service 2022 at the World Finance Awards. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). It is worth noting that worldtradex has a margin call of 100% and a stop-out level that is triggered when your account falls below 50% of the required margin.
worldtradex offers lower fees than most forex brokers based on our evaluation. The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. 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. 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.
Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. I like the variety of payment methods supported by worldtradex, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. However, we are disappointed to find that there are fees for depositing in ECN accounts, the amount of which varies depending on the method you use.
Diverse Range of Financial Instruments
worldtradex is a leading international brokerage company, empowering traders worldwide with direct access to major global financial markets. Our commitment to excellence is reinforced by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia. Established in 1994, worldtradex has evolved into a premier brokerage firm offering a staggering array of 128,000 tradable instruments.
- worldtradex is a leading international brokerage company, empowering traders worldwide with direct access to major global financial markets.
- Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts.
- We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.
- This is your chance to be part of a company’s growth story from its nascent stage in the public market.
- Start investing with us and experience a harmonious blend of innovation, efficiency, and security, propelling you towards your desired financial future.
Comprehensive Investment and Ancillary Services
- With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes.
- Our research shows that the MT5 Global account is best for experienced traders.
- There is also the CQG platform with four different solutions that can be used to trade futures and options.
- It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.
- ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.
We’ve created a trader-friendly environment with various deposit and withdrawal options, zero deposit commissions, intraday withdrawals, and round-the-clock customer support. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. From on our assessment, worldtradex provides an average offering of market research.
The fusion of modern technologies and investment strategies within our Robo-advisor service provides a reliable, intelligent approach to investment. It’s more than a service; it’s a companion in your journey towards financial stability and wealth accumulation. Start investing with us and experience a harmonious blend of innovation, efficiency, and security, propelling you towards your desired financial future. J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers.
Company Profile
This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days.
The results from our assessment show that worldtradex is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. We have interwoven our advantages to create a seamless tapestry of trading excellence. Every aspect, from platform diversity to continuous support, is meticulously refined to align with your trading journey, ensuring that each interaction is a step towards achieving your financial goals. Our relentless pursuit of perfection in every facet of our service is our commitment to empowering your trading experience with reliability, innovation, and precision.
Fidelity Investments
It’s your gateway to exploring the boundless potentials of the Forex market, making it a seamless and rewarding experience for all. Discover the convenience and capabilities of modern trading systems and experience trading with a reliable European broker. Join the ranks of over 155,000 customers who have already chosen worldtradex’s services. National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
Our https://worldtradex.world/ business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust. The Central Bank of the Russian Federation (Bank of Russia) was founded on July 13, 1990, on the basis of the Russian Republic Bank of the State Bank of the USSR. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.
These simulation accounts are a great way for beginners to learn more about forex trading without financial risk. They also offer traders the chance to find out if the broker suits their strategy before committing funds. These instruments, whether settled physically or in cash, whether they are traded on a regulated market or an MTF, form an integral part of our comprehensive service offerings, providing a versatile range of investment avenues for our clients.
It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. In our assessment, worldtradex is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater Worldtradex breadth of indicators, order types and trading tools.
Mobile and Convenient Trading
Get contact details of over 750M+ profiles across 60M companies – all with industry-leading accuracy. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. They have mobile-optimized charts, multiple order types and facilitate one-click trading. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro. For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days.
Our testing shows that worldtradex offers lower fees than most forex brokers, especially in its premium accounts. Looking at the negatives, worldtradex scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. IPO investment offers an unparalleled opportunity to buy into a company’s vision and growth at its initial stage in the public market. With our streamlined processes, extensive information, and user-centric platforms, you are well-positioned to navigate the exciting realm of IPOs, making informed and rewarding decisions that align with your financial aspirations. Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities.
Cultivating Collaborative Growth:
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. At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights. Our commitment to excellence, precision, and adaptability is manifested through our diverse set of strengths that cater to every trader’s unique needs and aspirations. Explore meticulously crafted investment solutions, infused with customizable levels of profitability and protection to align with your unique financial goals and risk tolerance. Navigate your way through transparent, flexible, and diverse investment avenues designed to deliver substantial returns while safeguarding your capital.
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. This makes the firm a good option for active forex traders and scalpers in our opinion. 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.