However, unlike other brokers including IG – who impose an inactivity fee ($15 per month) – worldtradex does not levy any such fee, and dormant profiles can be reactivated at any time. It’s worth mentioning that while worldtradex itself doesn’t charge any withdrawal fees, there may be third-party charges involved. However, in my experience, withdrawals are processed swiftly, typically within 1-2 working days.
worldtradex offer a number of platforms including MetaTrader 4 and 5, TradingView, cTrader and WebTrader which are all known for their reliability and advanced trading features. worldtradex offers a large number of tradable instruments including over 70 currency pairs. Stay ahead of the curve with the latest insights on – Stocks, CFDs, Banking, Forex, Trading, Investment, Cryptocurrencies and more. Broker worldtradex ensure that retail client funds are always kept separate from the firm’s capital and held in segregated accounts at leading banks. No, worldtradex is not registered with Canadian regulatory bodies such as the Ontario Securities Commission (OSC), British Columbia Securities Commission (BCSC), or Alberta Securities Commission (ASC). While these are reputable international regulators, the absence of Canadian oversight may be a drawback for traders prioritizing domestic regulatory compliance.
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Competitive and Transparent
However, it’s important to note that if your worldtradex demo account remains inactive for more than 30 days, it will expire. https://worldtradex.blog/ In summary, worldtradex offers a straightforward account opening process. All information on 55brokers.com is only published for general information purposes.
Does worldtradex offer copy trading?
Trade cryptocurrency CFDs with worldtradex and benefit from low https://worldtradex.site/ spreads and flexible leverage on a wide range of coins, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and more. Enjoy the advantage of minimal spreads starting from 0.0 pips and easily trade these ETFs through your worldtradex account. Trade CFDs on over 10,000 Australian and international shares, as well as stock CFDs and indices from exchanges like ASX, NYSE, NASDAQ, and FTSE 100. Examples of Australian shares include Commonwealth Bank, BHP Group, and Westpac Banking Corp. Access the MQL4 community, use various indicators and tools, and customize your trading environment.
These regulatory authorities oversee the operations of worldtradex to ensure compliance with financial regulations and the protection of investors’ interests. They are authorized and regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of St. Vincent and the Grenadines. worldtradex houses most of their own research materials in the Traders Hub section of their website, categorized into technical and fundamental analysis. worldtradex may charge overnight funding fees, which vary depending on the position held. Yet, Copy Trading and Social Trading is available at worldtradex that may be considered as an Investment Opportunity.
Portfolio and Investment Opportunities
Live chat, phone, and email support is provided 24/7 customer service from worldtradex. Although their help is usually receptive and informative enough, brokers like Pepperstone have been praised for their quality of customer service alike. Also, each instrument defines its trading conditions, proposing flexible leverage throughout account settings, and requiring specific margins that you may always check through the worldtradex platform. The depth of market (DoM) view is particularly noteworthy since it helps traders grasp market liquidity. Along with other pending order forms, including sell stop limit and buy stop limit, the platform also features detachable charts and an integrated economic calendar. This comprehensive offering makes worldtradex a versatile platform for both individual and wholesale traders.
This means worldtradex must maintain a minimum level of capital reserves relative to its liabilities. Healthy capital reserves act as a buffer, further mitigating the risk of worldtradex facing financial challenges that could impact your ability to withdraw funds. Its effortless design and extensive array of indicators make it an outstanding choice for traders seeking a contemporary alternative to traditional platforms.
Investing is risky and you may lose some or all of your invested capital. The information provided is for informational and educational purposes only and does not constitute any type of financial advice or investment recommendation. worldtradex is a broker regulated by the Australian Securities and Investments Commission (ASIC), which means it complies with Australian financial services laws. Adding more advanced video courses would only serve to improve worldtradex’ educational experience. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
- Live chat seems to have the best availability, with responses typically within a minute or two in my experience., while email might take a bit longer.
- However, the variety of instruments and potential for high leverage might be overwhelming for complete beginners.
- While European clients under CySEC have the added benefit from the Investor Compensation Fund.
- While the Standard account usually does not have a commission but rather includes spreads starting from 1.0 pips, the broker charges $3 per side for each lot for its Raw account.
- worldtradex caters to desktop users by offering trading software compatible with both Windows and Mac operating systems.
The MetaTrader Signals Service provides access to hundreds of signal providers globally. However, the availability and quality of signal providers vary, and traders should carefully review performance metrics before subscribing. worldtradex is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).
46 ETFs including the popular ETFs such as GLD (SPDR Gold Shares), SPY (SPDR S&P 500 ETF), QQQ (Invesco QQQ Trust Series), TLT (iShares 20+ Year Treasury Bond ETF) among others. worldtradex may require additional documentation or verification steps before processing a withdrawal. We transferred funds from the account back to our debit card, and it was completed in under 24 hours. Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts are also available.
They offer negative balance protection which ensures that clients cannot lose more than their account balance. However, this protection is not universally available and applies only to certain clients based on their jurisdiction. Other useful tools include Trading Central, TradeMedic, AutoChartist, Toolbox (12 online trading tools through MT4/5), MyFXBook and Signal Start. Together, the platforms available cover a variety of trading styles and levels of experience. worldtradex uses ECN execution with a fiber optic connection to a high-end server at the NY4 Equinix facility in New York.
Of course, having a ton of instruments is great, but it’s only half the story. The real test is how easy it is to find what you’re looking for and analyze it before pulling the trigger. The good news is worldtradex’ platform makes navigating this instrument ocean a breeze. Plus, they’ve got a decent selection of technical indicators and charting tools built right in, so you can do your due diligence before entering a trade.
Web Trading Apps
FP offering is comprehensive with access to more than 10 thousands trading instruments to trade Forex and CFDs on equities, commodities, and cryptocurrencies. This is among very strong offering in industry, yet similar to brokers like eToro and Forex.com, which likewise support a broad spectrum of assets but might not exactly match worldtradex in terms of absolute volume. Besides, Broker run Active Traders community and rewards traders based on Trading Volume, also may provide access to premium tools and a personalized experience. Yet, availability of programs and features depends on the enity and may be available on a temporary basis so good to check available features at the current moment. Also, the MT5 and cTrader bring one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth.