The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security.
Yes, the bonus is withdrawable, but traders need to meet specific volume requirements by trading a certain number of lots before the bonus can be unlocked. worldtradex secures client funds by using segregated accounts, keeping your funds separate from the company’s assets in compliance with international regulatory standards. The worldtradex website features a robust economic calendar, including the time, date, country, actual figure, forecast figure, previous figure, and anticipated market impact of a given economic release. By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically.
Yes, worldtradex offers free educational materials such as webinars, articles, and analytical tools to help traders at all levels improve their skills. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR.
- worldtradexFX has proven to be a reliable broker with a responsive customer support team.
- They earn a four out of five for being regulated by CySEC, which is an upper-tier regulator.
- Check out my picks for the best mobile trading apps in the industry.
- worldtradexVision is an AI-powered tool that helps traders improve their performance by offering personalized analysis and feedback on their trading behavior.
- worldtradex is geared towards beginner and intermediate traders, providing user-friendly platforms such as MetaTrader 4, MetaTrader 5, and its proprietary worldtradexTrader.
Deposit Methods
As for education, I thought worldtradex did a good job at presenting the basic concepts of forex trading through an online video course. I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time. The copy trading platform is also a bonus, which is the perfect opportunity to mirror the trades of 1,500 traders and leverage their experience to profit from leveraged markets.
worldtradex Trading Conditions
Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders. 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. The platform also provides hourly market analysis, training materials, and risk management tools, making it ideal for both novice and experienced traders. It is also famous for efficient and friendly customer support, fast withdrawals of money, and a secure trading platform that fits mobile trading.
Commodities like Gold and Silver are on the other hand, tradable on spot for a minimum spread of 1.9 pips and 2.0 pips respectively. worldtradexFX runs various promotions for new and existing clients, including deposit bonuses, trading contests, and seasonal offers. These promotions provide traders with additional funds and opportunities to enhance their trading experience. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. worldtradexFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading.
For every deposit of at least $50, you automatically receive a 50% bonus. This bonus is available for every deposit you make, not just the first one. Negative Balance Protection ensures you cannot lose more than your initial deposit. If your balance goes negative due to market volatility, worldtradex resets the balance to zero and covers the loss. worldtradex operates in 180 countries worldwide, but availability may vary by region.
- Additionally, you have excellent drawing tools for price action analysis like Fibonacci or Gann tools which I couldn’t find on the worldtradexTrader platform.
- Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years.
- Here are a few of the worldtradexFX account types you can look forward to trading with once you get started.
- worldtradex prides itself on providing excellent customer support to its clients.
How to open worldtradex Demo Account?
Traders have complete control over the process and can stop copying anytime. worldtradex clients with an MT4 account can also elect to become Master Traders. They can then trade as usual and earn additional income whenever others choose to copy them.
I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. worldtradex offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile. These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based worldtradexTrader platform is a beginner-friendly and convenient alternative. In addition, when trading with a broker authorized by CySEC, client funds are protected by the Investor Compensation Fund (ICF).
worldtradexFX Google Reviews & Reputation
worldtradexFX is committed to providing a secure and transparent trading environment for its clients. The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. worldtradex Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility.
worldtradexFX has transformed my trading experience with its intuitive platform and excellent tools, making every trade smooth and enjoyable. The platform is not only user-friendly but also packed with useful features that enhance my trading experience, making it enjoyable and efficient. Impressed by worldtradexFX’s commitment to providing a reliable Worldtradex company reviews platform and comprehensive market insights. Their customer service is top-notch, adding to their professional approach. Their platform is designed for efficiency, and I can always rely on their consistent and reliable market analysis to guide my trading strategies.
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. Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere. For people looking for a sophisticated trading experience, worldtradex’s MT5 platform offers a strong and flexible trading alternative overall.
Benefits of worldtradex Copy Trading
If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs. This makes it perfect for new traders and those beginners starting out.