worldtradex is an online forex and CFD broker that offers a wide range of trading instruments and services designed for both novice and experienced traders. It is well-known for its competitive spreads, various account types, and access to popular trading platforms such as MetaTrader 4 Worldtradex (MT4) and MetaTrader 5 (MT5). These features make worldtradex an appealing choice for beginner traders who are looking to start their trading journey with a trusted broker.

worldtradex offers about 310 tradable instruments across currency pairs, commodities, share CFDs, indices, and futures contracts. The assortment is wide enough to accommodate the basic needs of most types of traders. However, the broker does not provide any low-risk securities, such as ETFs, bonds, or vanilla options.

Account Types and Terms

Traders can participate in global markets via CFDs on hot commodities such as Crude Oil, Coffee, and Sugar. worldtradex’s expert analysis and research can help them boost their knowledge and trade with confidence. It introduces 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.

worldtradex Account Types

Of course, if you are moving large amounts then you might notice more of a difference. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

• The broker stands out with its extensive educational and research content, developed both in-house and sourced from the renowned Trading Central.
• worldtradex offers 310 tradable instruments at varying costs and integrates the popular MetaTrader 4 platform, which can be enhanced with an add-on for advanced charting.
• Beginners may prefer the Standard account as it requires a lower minimum deposit and offers no commissions.
• The broker ensures client safety by maintaining segregated accounts for client funds and offering negative balance protection.
• Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.
• There are all of the major agriculture and energy commodities that you would expect to find with a top broker like worldtradex.

The quality of educational content is top-notch, with beginner-friendly guides and advanced resources for experienced traders. worldtradex maintains transparency with its fee structure, with most accounts having zero commission and competitive spreads. However, traders are advised to be aware of potential third-party charges and the broker’s swap fees for positions held overnight. CFDs on spot commodities serve as an ideal entry point to commodity markets, allowing clients to trade with premier spreads and spot execution. worldtradex’s MetaTrader 4 platform is compatible across multiple devices and ensures swift and efficient execution of all trades.

MetaTrader 4: A Distinctive Trading Experience

• Clients are supported in over 30 languages, 24/5, and can access their personal trading account from MT4 on desktop or trade on the go.
• Plus, this is an excellent tool for exploring other markets than the one you are focused on.
• Essentially, the broker lends the trader money so that they can open bigger positions.
• Trade Forex CFDs with efficiency and precision using the MetaTrader 4 desktop version, accentuating your trading strategies with its advanced features and functionalities.

However, I also spotted that the broker’s website does not display live spread data. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. worldtradex also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. For any withdrawal problems, contact customer support on one of the channels described further below. worldtradex customers can choose from a good range of deposit and withdrawal methods. There is a wide range of stock, commodities and futures available for trading.

Traders can trade one of the world’s most extensive markets, with competitive conditions and explore spot indices including UK 100, NASDAQ, and Germany 30 with minimal margin requirements. For those looking to test trading strategies, worldtradex also offers Cent accounts. They are ideal for algorithmic testing, allowing traders to evaluate strategy performance in a real-world trading environment while minimizing potential losses. Phone support is only available to active clients with their account managers. After conducting a series of tests, I concluded that worldtradex’s multilingual customer support is fast and reliable.

worldtradex is an ideal choice for news traders because of its comprehensive market research offering. It consists of actionable trading signals, a robust market sentiment gauge, detailed market breakdowns, and more. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes.

The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.

These instruments include forex, stocks, commodities, indices, and cryptocurrencies, making worldtradex a versatile broker for a wide range of trading strategies. Embark on a comprehensive trading journey with worldtradex – your gateway to the global markets. worldtradex offers a wide range of retail and professional accounts with different pricing mechanisms and no minimum deposit requirements.

I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile. With MT4 WebTrader, you gain market access from any browser, allowing a seamless trading experience without the need for downloads. worldtradex offers Islamic accounts for swap-free trading under Shariah law.

Can I Use MetaTrader 5 At worldtradex?

Signal followers can quickly and easily assess the performance of various trading strategies based on various parameters, including their average return, maximum risk, longevity, and more. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine market developments from different angles and exploit the underlying trading opportunities in multiple ways.

Is worldtradex suitable for beginners?

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial https://worldtradex.world/ instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.

How To Make A Withdrawal

The minimum deposit required to open an account is only $100 which is great when you consider the industry leading trading platforms and conditions they offer. Overall, worldtradex is a very well established and reputable trading broker that serves all types of traders from around the world. They give you convenient access to a generous range of trading instruments across multiple markets. The advanced trading technology incorporated ensures that the trading conditions are some of the best available with competitive spreads (fixed/variable) and competitive trading costs. There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally.

In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I opened a No Commission account with the Notesco Int Limited entity and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform. worldtradex provides free Virtual Private Server (VPS) hosting, helping traders achieve ultra-fast order execution speeds and diminish the risk of negative slippage. Another perk for scalpers is the one-click trading feature available on MT4. However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute.

Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat. The responses arrive in a prompt and efficient manner from my experience. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week.