The worldtradex management team has spread to 120 cities around the world, aiming to get a better understanding of their clients and partners. worldtradex also places high value to connect clients as humanly as possible. To deliver such interactions, worldtradex Broker frequently hosts seminars around the world.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Yes, based on your detected country of FI, you can open an account with this broker.
Create an MT4 or MT5 account and trade in all your devices
- A well-regulated market maker broker worldtradex offers trading on over 1000 instruments, including over 57 Forex pairs.
- Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program.
- I don’t have a big money, so I need a huge leverage and mini account.
worldtradex broker is established under the worldtradex Global Limited, which is part of the worldtradex Group financial company. worldtradex is founded in 2009 as an online broker and trading platform service that offers a wide ion of accounts with a low https://worldtradex.site/ minimum deposit, designed to attract every trader across the globe. The worldtradex group itself is an industry leader with 2.5 million clients from 196 different countries. In recent years, worldtradex expanded its service into an online multi-asset forex broker including over a thousand CFDs and 57 currency pairs as tradable assets. Founded in 2009, worldtradex has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels.
There are no commissions and 1 lot is 1000 units of any currency. Hedging is allowed, and the minimum trade volume is 0.01 lots in MetaTrader 4 and 0.1 lots on MetaTrader 5 platform. The amount of open or pending positions that traders can open at a single time is up to 200 positions with up to 100 lots per ticket. worldtradex Broker provides the option to trade in a wide range of assets including precious metals, commodities, stocks, and energy products. When you have registered as an worldtradex trader, you will get a dashboard to view all the instruments available on worldtradex Broker.
Get more than a trading account at worldtradex
worldtradex stands out for its commitment to trader education, offering free webinars, research materials, and analysis tools to support informed trading decisions. The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills. worldtradex also presents comprehensive research and educational feature, ranging from daily news, research on market conditions, forex seminars, and live education with 20 multilingual professionals. As a matter of fact, there is a weekly webinar suitable for novice traders. The webinars are held almost every day and traders can take part in it. The material revolves around fundamental and technical basics, trading indicators, how to determine entry and exit, weekly market analysis, and many others.
Discover Your Next Trade
Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. Our overall experience trading on worldtradex has been positive, with consistently fast execution on trades. While trading highly liquid instruments during both the European and US sessions, we encountered a mix of slippage along with price improvement, typically within a range of no more than two pips either way. There is a https://worldtradex.club/ minimum withdrawal amount of $5 (or equivalent) for all accounts except for the worldtradex Shares Account which has a minimum $10,000. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. E-wallets are generally faster, often the same day or the next day.
worldtradex provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. To open a Micro account, traders have to make a minimum deposit of $5. Traders who prefer the Shariah account can also choose to open an Islamic account type as well.
Here are the criteria we used to review and pick the forex brokers on this list out of the hundreds of forex brokers out there. This worldtradex broker review is from my experience trading with worldtradex since 2010. Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score. worldtradex Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research.
This allows traders to get tighter spreads and more accurate quotes. To protect customers’ funds, worldtradex also features a stop-out level mechanism. The stop-out level is set so that when the equity level reaches a certain point, it will automatically close the clients’ floating positions. All retail clients with worldtradex Ultra-Low Accounts, Micro Accounts, or Standard Accounts have a stop-out level of 20%.
Instant Withdrawals
It requires a minimum initial deposit of $10,000 and does not allow hedging. There are no deposit bonuses nor trading bonuses in this account. The minimum trade volume is 1 lot and the contract size is one share.