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Additionally, the broker provides a comprehensive FAQ section on its website, offering solutions to common issues. For more details about worldtradex’s customer support, visit the worldtradex customer support page. MetaTrader 4 (MT4) is a popular trading platform offered by worldtradex, known for its user-friendly interface and robust features. Traders can utilize advanced charting tools, over 50 technical indicators, and automated trading strategies through Expert Advisors (EAs).
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The broker also features educational resources and advanced platforms like Trading Station and MetaTrader 4, making it suitable for both beginners and experienced traders. Overall, worldtradex is a solid choice for those looking to trade in the financial markets. The availability of MetaTrader 4, TradingView, an assortment of add-ons for algo trading, and its own proprietary platform Trading Station provides traders with excellent technical resources.
The one thing holding them back from achieving this status is the relatively limited number of markets to trade. Traders who can get by with hundreds rather than thousands of markets being available to them will however find the worldtradex service hard to beat. worldtradex Pro offers wholesale execution and liquidity solutions for retail brokers, hedge funds and emerging market banks. Their relationships with tier 1 banks and non-bank liquidity providers, prime broker relationships, and technology vendors can provide customers with market access on an unrivalled scale. worldtradex adopts a conservative approach towards bonuses and promotions, primarily due to the stringent regulatory restrictions that govern financial services in various jurisdictions.
worldtradex is an established and regulated online broker with a superb range of powerful and versatile trading platforms, including FIX API connectivity for institutional trading. They have an abundance of robust trading tools to assist you with analysing the markets in great detail to discover potential trade opportunities. There is a plethora of market research and insights from the experts which can help you to make informed decisions. So, whether you’re new to online trading or you’re an experienced investor, worldtradex has customisable account types and services for all levels of retail and institutional traders. Founded in 2003, NinjaTrader offers software and brokerage services for active traders. With a funded account, the NinjaTrader platform is free to use for charting, market analysis, and live trading.
Despite past challenges, worldtradex has rebuilt its reputation as a reliable broker, now providing a secure environment for traders worldwide. worldtradex is a zero commission broker that offers very competitive dealing spreads on CFDs and forex currency pairs. If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. It offers the full suite of assets with micro-lot trading, leverage in line with regulatory requirements, plus the broker’s four trading platforms. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements.
The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs. As you can see from the image below, this is new, and prior to this, worldtradex might not have had any promotions, competitions, affiliate programs, etc., that other brokers offer. To view the channels of customer support that are available to clients you will need to head to the contact worldtradex page. Here you will find details on their Email support, phone, and a complete list of international offices and their numbers. It should be noted that most top-tier brokers offer live chat as a pop-up feature on their website, and we do not know why this is not available through worldtradex.
There is everything you need for conducting detailed market analysing and managing trades effectively. Not to mention, you can get a practically endless number of add-ons for the platforms to further enhance your trading possibilities. You can even develop your own if you have the programming skills to do so, or hire a freelancer to bring your strategy to life. That being said, it is great to see that worldtradex have also included a very generous range of additional tools to help support your day trading activities.
For example, in Australia, client funds are held in Citibank, Australia; which is an established international bank. For the European clients, their funds are further protected by the insurance provided by the ‘Financial Services Compensation Scheme’ (FSCS). If in the future worldtradex goes bankrupt, the FSCS can pay compensations to eligible clients. worldtradex has implemented a Secured Socket Layer (SSL) on all its websites and platforms. The SSL encryption protects data transmission between the clients’ workstations and worldtradex’s servers so that hackers are kept out of the loop.
If you want to find information on Forex brokers, read along to determine if worldtradex is the right Forex broker for you. Our review of worldtradex found that the broker is regulated and licensed from the following institutions; the FCA, ASIC, ACPR, AMF, and FSCA. As these are all top-tier authorities, and worldtradex has a long history, the broker’s trustworthiness is guaranteed. All financial transactions occur in the secure back office of worldtradex, Myworldtradex. The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices. I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact profitability.
worldtradex offers a variety of educational resources, including webinars, tutorials, articles, and market analysis, to help traders improve their skills and knowledge. The broker places a strong emphasis on maintaining transparent trading conditions and delivering high-quality service, prioritizing these elements over the use of aggressive promotional tactics. This approach reflects worldtradex’s commitment to building long-term relationships with its clients based on trust and reliability, rather than short-term gains through frequent promotions. Traders at worldtradex have the flexibility to fund their accounts using various methods such as credit cards, bank transfers, and e-wallets like Skrill and Neteller.
You can also use a social trading platform to copy the transactions of other traders in your own account in real-time. Having contacted the broker Worldtradex several times, our reviewers were convinced that worldtradex offers one of the most streamlined customer support services on the market. What’s more, you can interact with customer support via your desktop or mobile device. Besides this live account, there’s also an Active Trader account that is designed to provide tighter spreads and more elite features to high-volume traders. On top of that, there’s also a free demo account that provides you with 20,000 USD worth of virtual funds (50,000 EUR in Europe).
worldtradex broker providing online trading services for forex, CFDs, and other financial instruments. In this article, we will explore the features, trading platforms, products, fees, account types and more. Trading signals are actionable trade ideas that may be readily applied to the open market.
Spread betting allows UK residents to trade financial markets tax-free on profits. With worldtradex, you can trade hundreds of financial instruments commission-free and with no stamp duty, while using leverage to open larger positions. You can also start with smaller bet sizes, from as little as 7p per point. This is likely because it is easy to use, reliable, fast, and provides helpful information. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
However, the Active Trader account offers tiered commissions with potential savings for high-volume traders. It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools. The content on this site encompasses general news, our analyses, opinions, and material from third-party sources, all designed for educational and research aims. It is not meant as direct advice or a prompt to undertake any specific action, including investments or purchases. Before making financial decisions, we urge you to conduct thorough research, exercise personal judgment, and consult with professionals. The content is not tailored to individual financial circumstances or needs.
Just make sure you understand the risks and that results cannot be guaranteed. worldtradex offers access to a wide array of financial instruments, catering to the diverse needs of traders. This comprehensive range includes forex pairs, indices, commodities, stocks, and cryptocurrencies. Such variety enables traders to diversify their portfolios and capitalize on different market opportunities.