Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. Now available – For clients with an equity https://worldtradex.club/ of less than $40k – T&Cs apply. Increase your trading power with every deposit and make every trade count – T&Cs apply. Login with your email if you just registered, or you already have an worldtradex profile.If you don’t have an worldtradex profile yet, enter your MetaTrader credentials to proceed with creating one.

In the asset library, you can find 1,210 CFDs as well as 57 forex pairs (exotics, majors, and minors). The library can be casually browsed or filtered if you would like to find a specific stock originating from a certain country. Said class asset is spanned into 17 different countries such as Russia, Australia, Austria, Sweden, Finland, Norway, Portugal, Italy, Greece, Spain, Switzerland, Belgium, and the Netherlands.

They have already hosted hundreds of workshops which is intended to give clients the necessary skills and knowledge to make improved trading decisions. Share with us your trading experience in the comments section below. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.

• What we advertise is what we give our clients, regardless of the size of their investment.
• There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn.
• Holy moly, I didn’t expect that their trade ideas could be so useful and to be honest since the moment I started using ideas from there, I’m not wasting a lot of time on analysis.
• They also have worldtradex web trader which allows you to trade through your web browser without the need to download any software.

Multilingual 24-hour Customer Support, 5 Days a Week

With a wide range of trading instruments available from a single multi-asset platform, worldtradex makes trading easier and more efficient. The conditions will be suitable and this what makes worldtradex recognizable. Basically, if you are a trader from the country that regulates the broker, you will follow the rules of your country. And if you are a trader from outside the regulated country, you will use the trading term chosen by the broker. Usually, the broker will choose a regulator that has more favorable trading conditions, such as allowing high leverage and minimum deposit.

Zero rejections or requotes on trades.

Trading in worldtradex would be also provided with a strict no requotes policy, no virtual dealer plug-in, no rejection of orders, real-time market execution, and the choice for traders to place orders online or by phone. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. To protect the client’s fund in the event of extreme volatility, worldtradex presents each account type with Negative Balance Protection. Minimum deposit of $5 applies to Standard, Micro, and also Ultra-Low Accounts. Traders who open accounts in worldtradex are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units.

The Disadvantages of Forex Trading with worldtradex

So, don’t be confused, if some traders can get very low leverage and higher deposit, they also don’t have a trading bonus, while others can get a lot of bonuses and favorable features. https://worldtradex.site/ Strict regulatory bodies often come from Australia and Europe as well as from the United States. And the weakest regulator could come from a small country in the Pacific, from Central America or even from a small country in Africa. From the regulatory perspective, worldtradex is supported by licenses from the CySEC and the FCA.

As a beginner, it’s generally advisable to start with assets that are more straightforward and easier to understand. First, Forex (foreign exchange) is often considered a good starting point for beginners due to its simplicity and the availability of educational resources. Currency pairs are a common choice, and you can gradually expand to other assets as you gain experience.

worldtradex provides access to proprietary indicators by directly contacting an Account Manager. worldtradex has the tight spreads in its worldtradex Ultra low Account with average spreads of 7 pips on EURUSD and 15 pips on GBPUSD. Read our full explanation and accounting of our research and testing process to learn more about how we test. It would be really nice if they had a faster withdrawal period while using bank cards say 1 to 2 working days.

Traders can choose to fund or withdraw their accounts via wire transfer, credit card, as well as the most favorable e-payment choices like Skrill, Neteller, and FasaPay. worldtradex is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that is instructed by 16 global experts. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Holy moly, I didn’t expect that their trade ideas could be so useful and to be honest since the moment I started using ideas from there, I’m not wasting a lot of time on analysis. worldtradex offers free webinars presented by highly skilled forex professionals who joined forces under the guidance of the Guru to provide free interactive webinars available for anyone on the globe. Here you can find what Forex Peace Army users think about worldtradex. Visit the FPA page to see more user experiences with this broker.

worldtradex operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally. This model allows worldtradex to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. While worldtradex offers variable spreads and claims to avoid intentional price manipulation or requotes, it’s important to note that as a market maker, there is an inherent conflict of interest between the broker and client.