Minimum deposits at worldtradex will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which worldtradex entity you choose for establishing your trading account. worldtradex offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if worldtradex wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.

By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit. Forex pairs, metals, indices, energies and cryptos are all available, but traders looking for single stock names will be disappointed. With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets. Available trading platforms include MetaTrader 4 (Web, App, and Desktop), MetaTrader 5 (Web, App, and Desktop), and the proprietary web-based worldtradexTrader, along with the worldtradex Copytrading app.

Using worldtradex allows clients to trade in micro and mini lots on its platforms, which is particularly beneficial for new traders or those seeking a more cautious approach in their risk-management strategy. While you can deposit funds in various currencies, these will be converted to USD at the exchange rate set by the payment system you use. In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies. After more than 10 years in the market, the company claims to have opened over 40 million accounts, received more than 70 awards, and paid out over 33 million USD in bonuses. worldtradex is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours.

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• During certain events, worldtradex offers a bonus where you can claim up to a 100% deposit bonus.
• In line with this transparent approach, it also provides a range of metrics relating to the performance of its customer support team.
• An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
• 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.
• In addition to educational resources, worldtradex provides various tools to assist traders, including a pip calculator, profit calculator, live quotes, trading monitors, economic calendar, news, and a market analysis section.

Trading Conditions

The processing time can vary from 30 minutes to three business days, depending on the method and conditions. https://worldtradex.site/ Withdrawals can be initiated from the website dashboard or through the mobile app. worldtradex offers trading accounts denominated exclusively in US Dollars (USD). worldtradex ensures traders’ easy access to help by offering several lines of communication.

With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a https://worldtradex.space/ critical ability for busy traders. To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types. The built-in news feed and economic calendar of the platform help traders stay current with market events.

Open an account on a trading platform

The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. The account opening is easy to follow, trading conditions are good, along with the platform selection and a range of instruments offered.

New instruments: XTIUSD and XBRUSD

worldtradex is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled worldtradex to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust.

Education section launched

For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. Also, there is no commission based account soffered all Broker fee strucutre is based on spread, which is important to note for trades who prefere commission fee structure. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Every year we improve our conditions to make your trading journey easier. My hope is that I can grow as a trader by following other master trades and therefore grasp the logics of market.

What is the minimum deposit for worldtradex?

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. With more than 42 million accounts spread across 180 countries, multi-regulated broker worldtradex provides a wide range of trading options across asset classes. worldtradex provides low spreads, no commissions, and a minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices. worldtradex has made great strides with innovation in its web platform, and new educational content, but offers a limited range of tradeable instruments compared to the best multi-asset brokers. 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.