This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. worldtradex provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management.

• This can be a possible solution for those of you who do not have the time or knowledge to trade.
• Overall, I feel that worldtradex are a really good broker with a vast range of trading products and services that can meet the demands of all traders.
• The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications.
• We aim to help you find the best broker according to your own needs.
• ROX is a sophisticated electronic order management system with instant routing to exchanges, ECNs, market makers and MTFs world-wide.

This can be an excellent way to improve your knowledge of the markets and your trading strategy. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. worldtradex is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. I like the variety of payment methods supported by worldtradex, making the broker easy to use.

Versatility and Inclusivity in Account Offerings

worldtradex is an online broker that gives you access to a full range of trading products, services, accounts and platforms. They are an international broker who I found to have very competitive trading conditions and fees. You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity. I like how they take an individual approach to each client regardless of your investment size and have 24/7 support. There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade ideas. It is quick and easy to get started with an account from just $100.

Protection and Safety of Funds

There are also withdrawal fees with this account, reducing its appeal. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. https://worldtradex.space/ Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. With its regulatory oversight, worldtradex offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers.

I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems. worldtradex is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. On the other hand, traders are charged commissions starting from 3 USD per lot.

The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. worldtradex positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences.

• This way I can discover what works for me and areas in which I can improve.
• While worldtradex’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.
• We provide an unbiased perspective on what worldtradex brings to the table, helping you determine if it aligns with your trading goals.

These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. 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. 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.

Unlock the full potential of our automated trading tools

The patented pattern recognition technology conducts technical and fundamental analysis to help optimise trading strategies with easy alerts, back testing and customisable filters. I think this is an excellent market analysis software that could easily cost thousands as a standalone product. worldtradex offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from.

worldtradex Broker Customer Support

MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools. With that said, traders should be aware that the available instruments vary depending on the account you have. For example, the Standard account offers a reduced list of metals and CFDs in addition to forex. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. Like some of its major competitors, worldtradex aims to educate its users through various learning resources.

The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro.

Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks. worldtradex recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. Exploring the markets with worldtradex is an exciting journey that requires understanding both its opportunities and limitations. This trading platform connects you with top-tier brokerage services and unveils unique investment opportunities. However, it is essential to carefully consider the pros and cons to make a well-rounded decision.

Accounts can be opened Worldtradex review in a decent choice of currencies which are EUR, USD, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.