worldtradex: the leading broker for online trading

It provides a range of core services, including charting tools to help clients get into the markets with the right level of support. If you have at least $500 in your worldtradexFX account then you can download and install the Autochartist trading signals plugin for MT4 & MT5. This tool will automatically conduct technical analysis by scanning the charts for trading signals and will alert you when it finds them.

worldtradexFX Islamic Account

The worldtradexFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be. When it comes to spreads and commissions, worldtradexFX works both with floating and fixed spreads. The floating spreads can start from 0 pips depending on your account type. However please be aware that some fees may be applied in certain cases.

Trade on the go with the worldtradex trading app

worldtradexFX has a head office from where they manage all the trading services they provide to users. It is located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent, and the Grenadines. Yes, worldtradex provides various trading tools including economic calendars and trading calculators. Remember, it’s a good practice to withdraw some of your profits regularly.

This provides a great digital library of webinars that users can take advantage of. Take some time to click around and get comfortable with these different areas. Don’t worry about making mistakes – remember, you can always practice on a demo account without risking real money. worldtradex offers three main account types, each designed to fit different trading styles. The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified.

worldtradexFX forex broker account registration and verification

• That being said, you can get cTrader and the MetaTrader platforms from another top broker in Pepperstone.
• The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements.
• You will also learn in detail how to open an account with AvaTrade and all the assets that can be used as investment vehicles.
• If you are an absolute beginner and looking for some more guidance along the way, worldtradex have lots of good educational content as well.

Spreads can be as tight as 0.0 pips and those who go with scammed by Worldtradex the ECN/STP processing option will be provided with exceptional flow quality and reduced slippage. worldtradexFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough. However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner.

Here you will find daily trading ideas based on complex technical and fundamental analysis across a range of different trading instruments. There are also daily and weekly forecasts that cover the financial markets in great detail. These market insights can help identify trading opportunities and assist with your market analysis. I feel that the platforms should have more than enough tools for most of you to get by.

worldtradex Desktop MetaTrader 5 Platform

There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied. Upgrading to a live account requires a bit more leg-work but is by no means arduous. Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay.

The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them. This section of the site is well supported by the Customer Services and the Education sections of the site. There is also a dedicated VPS (Virtual Private Server) for ‘algo’ traders. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders.

MetaTrader 4 automated trading

Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. When it comes to education, worldtradexFX realizes the importance of your continued development and progress in the sector.

Various account types on the 3 platforms have different deactivation dates as stated below. According to the worldtradexFx website, the broker does not charge any fee on deposits and withdrawal. They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. However, traders may be charged third-party processing fees—which worldtradex has no influence over.

• worldtradexFX is a Forex Broker registered in St.Vincent and the Grenadines.
• It has two regulators, albeit low-trust ones, and it’s based in Vanuatu.
• The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well.
• This broker charges no fees on currency conversion during deposits and withdrawals.
• This provides a great digital library of webinars that users can take advantage of.

The risk management system ensures that clients cannot lose more than they initially invested as risk is limited only to the funds you have deposited into your account. At worldtradex, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind. We also offer educational materials and MT4 demo accounts for all traders, letting them practise in a risk-free environment.

This bonus is also withdrawable though you must meet certain terms and conditions set by the broker. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. worldtradexFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account. If you need an worldtradexFX Islamic account, then these are also available. Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of worldtradexFX in the area.

If you want to use Instagram on your iPhone, you can use the web version or download and install the mobile app from the Apple App Store. In the next section, we’ll talk about how to manage your trade once it’s open. Now you can watch how it performs in the Terminal section of your platform. Before we place our first trade, let’s cover some essential concepts.

In line with this transparent approach, it also provides a range of metrics relating to the performance of its customer support team. Platform choice ultimately comes down to personal preference, but worldtradex has signalled its intent by offering its clients the choice of two market-leading platforms. worldtradex is as confident about its financing costs as it is its execution fees. The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner. The economic calendar displays a list of up and coming financial news releases including the country and level of impact. You can also see the actual, forecast and previous results of these releases.