Investors on worldtradex can put money into investment funds that are managed by other users. Clients must allocate a minimum of £100 to take advantage of this feature. There are also robo-advisor and individual investment portfolios, where traders can determine the profitability potential of each position and limit any losses on their investments. Online APIs, such as REST API, support the integration of additional features to the standard broker experience. worldtradex offers a range of trading platforms to support the needs of investors with varying abilities and trading volumes.
Sophisticated Solutions for Professional Traders
- Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools.
- You get real-time streaming data and analysis and level II market data.
- This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance.
- Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering.
- Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker.
- The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled.
The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades. The huge range of 35,000+ instruments is a key benefit of opening an account. Our tests show that only a select few brokers, such as Saxo Bank, can rival worldtradex when it comes to the number of trading products. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy.
Commission-free plan:
worldtradex processes withdrawals within 24 hours of the request being made. Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. This is firmly toward the low end of the forex brokers we review.
Comparing worldtradex fees with other brokers
Embark on a journey with our tailored investment portfolios, where every feature is sculpted to cater to your distinct financial persona. From transparent terms to diverse earning potentials, every facet of our solutions is aligned to offer you a seamless, rewarding, and secure investment experience. Your pursuit of financial prosperity is augmented by our commitment to delivering excellence, transparency, and customization, ensuring that your voyage is as rewarding as the destination.
STOCK TRADING SERVICE
You get to trade on easy to use https://worldtradex.world/ platforms with all of the tools you need for conducting complex market analysis. I like how there are accounts for different trading styles and flexible payment options fund your account. They cater for beginners with lots of helpful educational content and practice accounts. If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option.
- There is currently an MT5 Global special promotion on worldtradex that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract).
- At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights.
- worldtradex is a competitive broker that is regulated by a reputable body and offers an impressive range of assets that includes cryptos, options, CFDs and equities.
- This should help you form an opinion on the reliability of the online broker and aid your decision on whether to trust them with your cash.
- The US brokerage employs a market maker straight-through processing (STP) broker model.
- This globally acclaimed service stands as a beacon of efficiency, guiding users towards the pinnacle of financial well-being and prosperity.
This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. The minimum deposit required for this account type is $200. Spreads on this account type start from 0 pips with a $2 per lot commission charged. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide. It is known for its user-friendly interface and implemented trading tools.
This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank worldtradex down for this. Our team don’t recommend traders choose a broker based on sign-up bonuses. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners. Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone. With this in mind, worldtradex isn’t the best forex broker for new traders in our view. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools.
