Research tools provided by worldtradexFX https://worldtradex.site/ include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. It also provides for detailed analysis with market reports and more to offer. Again the platform is available on all mediums and a webtrader is offered. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature. MetaTrader is further renowned as one of the most comprehensive platforms in this area.
- Here the broker makes a special fixed exchange rate of 1 USD to 10,000 IDR available that can help traders combat currency volatility.
- I would always prefer to use an ECN broker as I find they tend to have the lowest spreads and quickest execution speeds.
- Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice.
- worldtradex may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia.
- In fact, the platform and broker have won many awards for this service.
The response times are quick, and the support team is knowledgeable. So, whether you have technical issues or just need some advice, help is always available. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Use trading bots for market analysis and risk management without any limitations. Test your bot on a free demo account, adjust it to your investment goals, and then put it into action. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit.
Experience online tradingwith the awarded broker
worldtradex does have a proprietary mobile app for trading, as well as for social copy trading (the worldtradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. On the worldtradex YouTube channel, webinars, Q&A sessions, and live trading sessions with experts are conducted weekly—in different languages, including Malay and English. You can also watch the recordings of the past webinars, as they are saved on YouTube and always available. worldtradexFX Copytrading lets you copy expert traders automatically, saving you the time and effort of creating your own trading strategy. It automatically closes when the price reaches a certain non-favourable level you can set in advance.
Deposit Fees
It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. worldtradex offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.
Matching your base currency to that of your deposits and withdrawals can be an important way to help you save on paying conversion fees which ultimately increase your cost of trading. You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips. The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics. In fact, the platform and broker have won many awards for this service.
worldtradexFX has a truly impressive array of features andoptions to offer to traders. Their personal support is also genuine andcustomer care executives seem to eagerly resolve client queries and problems. worldtradexFX offers multiple channels for investmentincluding credit/debit cards, bank wires, Skrill, Neteller etc. Traders fromspecific countries can also opt for local bank transfers.
EUR/USD Price Analysis: Bulls push higher as focus shifts to Powell’s testimony
Unlike most brokers, worldtradexFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with worldtradexFX. Here are some of the spreads we found on the most commonly traded assets with worldtradexFX as an example. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant. They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up fee to cover for the rollover fee which is not in place.
- They provide ECN execution which is popular among scalpers for its high speed.
- Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- I would say this is a good stock trading platform for those of you who are looking for something more than just forex.
- Traders can invest in a range of options on worldtradexFX including currency pairs, cryptocurrencies, stocks, market indices, precious metals, and other commodities.
- You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission.
- Rates, terms, products and services on third-party websites are subject to change without notice.
- Its growth has enabled worldtradex to continue to expand its products and services.
Copy trading service launched
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm. The security of your funds – in terms of regulatory protection – will depend on which worldtradex entity holds your account, and which, if any, relevant regulations provide customer protections. It’s worth noting that worldtradex’s primary execution venue is one of its own entities in St. Lucia.
I have always found them to be reasonably quick to respond but think they could improve by extending hours to 24/7 support. Theactual commission charge is based on a mixture of standard prices and markupspreads. The table belowprovides a general idea of the spreads typically seen across worldtradexFX’splatforms.
their platform
Until recently, the broker had also been regulated by the FCA, however worldtradexFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. For those reasons, our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX.
worldtradex (formerly worldtradexFX) is an award-winning, globally reputed, multi-regulated, multi-asset broker offering forex and CFD trading on over 300 instruments across major asset classes. Founded in 2011, worldtradex serves over 42 million trading accounts in more than 180 countries. The broker provides access to three robust trading platforms, including the versatile MetaTrader suites — MT4, MT5, and worldtradexTrader — ts proprietary platform.
