worldtradex Review 2025: Pros, Cons, & Fees

26 grudnia, 2023
Форекс Брокеры

worldtradex offers daily market news and analysis to keep traders informed about the latest developments in the financial markets. The broker’s team of analysts provides expert commentary on currency movements, economic data releases, and geopolitical events. This information helps traders stay ahead of the curve and make well-informed trading decisions. worldtradex offers demo accounts that introduce traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.

Additional Features

The clear advantage of this model of execution is that with it, you are guaranteed entry, in that your order request will eventually be filled once there is enough liquidity. However, the corresponding disadvantage is that you are exposed to price discrepancies in the form of negative slippage. I received a rather terse explanation that worldtradex averages speeds of under 50 milliseconds on most orders, without any further context.

Additionally, researching what the MT4 platform offers in terms of features and tools will help in making an informed decision. Currently, clients of worldtradex can only trade on MetaTrader 4, which is rather cumbersome and outclassed by newer trading platforms. Additionally, worldtradex’s customer support seems to struggle with addressing more complex questions, such as what their average execution speed is. I checked the usability of worldtradex’s seven retail account types and found them quite diverse, with hugely varying pricing mechanisms.

Account Types and Terms

worldtradex offers a diverse range of tradable instruments, catering to the needs of traders looking to diversify their portfolios across multiple asset classes. With access to over 500 instruments, worldtradex ensures that traders have numerous options to explore and capitalize on market opportunities. Your account should reflect your goals, needs, and ambitions on the market. Compared to the broader industry, worldtradex offers an above-average number of FX pairs, commodities, and indices.

Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide.

All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. worldtradex regularly organizes trading contests and competitions with lucrative prizes, including cash rewards, luxury trips, and high-end gadgets. These contests are open to traders of all experience levels and provide a fun and competitive way to showcase trading skills. Participants can join these events and compete for top spots, earning valuable rewards along the way.

Generally, the accounts are suitable for beginners and https://worldtradex.space/ advanced traders. Each account type supports swap-free trading via worldtradex’s Islamic accounts. My tests indicate that worldtradex’s floating spread accounts are slightly more competitive than the fixed spread alternatives in normal market conditions. However, this may change at times of heightened market volatility as floating spreads tend to rise at such times.

worldtradex Deposit Methods

The materials underpin key support and resistance levels and pivot points. The Market Buzz feature is a tool used for fundamental analysis and trading on volatility outbursts. You can use it to gauge interactions on social media for instruments from several asset classes – cryptos, shares, currencies, commodities, and indices. There is also a dedicated FAQ section on the website for more general queries, such as how to set up a trading account. The agents are generally knowledgeable though they seem to struggle when communicating more complex information in English. https://worldtradex.pro/ What I thought very useful is that some of the available instruments are denominated in different currencies.

About the Editorial Team

Terms and conditions apply, and traders should review the bonus rules to understand any withdrawal requirements.
I checked the usability of the mobile app version of MT4 by testing how long it would take me to do just that.
These resources comprehensively cover fundamental and technical analysis, risk management, and trading psychology.
worldtradex also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000.
Articles in this section underpin major economic developments and the underlying factors driving price action.
worldtradex recently strengthened its educational tools by introducing the Academy.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform. If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands. worldtradex recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels.

All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.

What types of accounts does worldtradex offer?

We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app. The account was opened with the Notesco Limited entity of the broker.

worldtradex, a forex and CFD broker, serves over 1.5 million clients worldwide, providing access to more than 500 tradable instruments from various asset classes. worldtradex uses standard security features to keep clients’ personal information secure, including website encryption. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. The program comes with several executable files including terminal.exe, MetaEditor.exe, MT4.EXE, multiterminal.exe, and terminal64.exe. With one-click trading functionalities, this software enhances user experience by offering the ease to set trading alerts and trading signals.

Proprietary to worldtradex, the Market Insights section comprises lengthy and comprehensive takes on current trading opportunities. Articles in this section underpin major economic developments and the underlying factors driving price action. Technical, fundamental, and psychological analyses are implemented to provide a balanced and well-researched picture of current trading opportunities. As a high-frequency trader, I have always looked for precision and efficiency in a platform. There is a limited capacity to scale price action up and down in order to gain a sense of the prevailing market sentiment. The platform also supports one-click trading, which allows traders to execute orders fairly quickly.