Looking at the negatives, worldtradex scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities. Our business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust. And while the choice of instruments is great with worldtradex, the broker also offers access to an impressive number of trading platforms, with five platforms to choose from. As usual, this includes the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, but also lesser-known platforms like CQG, ROX, and the crypto-based proprietary platform J2TX.
worldtradex offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. worldtradex is a leading international brokerage company, empowering traders worldwide with direct access to major global financial markets.
From on our assessment, worldtradex provides an average offering of market research. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights. Our commitment to excellence, precision, and adaptability is manifested through our diverse set of strengths that cater to every trader’s unique needs and aspirations.
Steering Through The Financial Waters with Expertise
Each account type offers unique features tailored to different trading needs, ensuring that traders can find the most suitable conditions for their style and experience level. worldtradex offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. We have a basic stock https://worldtradex.pro/ trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. We will help to challenge your ideas, skills, and perceptions of the stock market.
If you would like to contact the Bullish Bears team then please email us at bbteam@bullishbears.com and we will get back to you within 24 hours. We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this worldtradex review. Instead, I spent hundreds of dollars a month gobbling the goo of the goo-roos.
Our testing shows that worldtradex offers lower fees than most forex brokers, especially in its premium accounts. We’ve created a trader-friendly environment with various deposit and withdrawal options, zero deposit commissions, intraday withdrawals, and round-the-clock customer support. First among them, CQG is a platform that is aimed at the more professional segment of the market than MT4/5 and many other typical retail platforms. The platform focuses on options and futures trading via leading international exchanges, and is offered by worldtradex for free for the basic desktop-based version.
Minimum Deposit Requirements
An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not indicative of future results. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
There is also the CQG platform with four different solutions that can be used to trade futures and options. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). On the downside, our research has revealed that swap-free accounts are not available.
Unique Features
By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement. With trading platforms compatible with Windows and Mac desktops, worldtradex ensures non-mobile traders have a comprehensive trading experience in the desktop environment. worldtradex has a unique approach to its account types. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.
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Every day people join our community and we welcome them with open arms. We are much more than just a place to learn how to trade stocks. We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish.
With this in mind, worldtradex isn’t the best forex broker for new traders in our view. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. worldtradex does not charge inactivity fees https://worldtradex.space/ – a levy we see at many forex brokers we review.
- Initiating one’s journey with worldtradex is elegantly straightforward and designed with user efficiency in mind.
- The huge range of 35,000+ instruments is a key benefit of opening an account.
- worldtradex also offers many other trading instruments on their CQG, ROX and J2XT trading platforms.
- Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone.
worldtradex is a reasonable forex broker for beginners, but not the best we have tested. The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools. One of the best things about worldtradex in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading.
Traders also have the option to open Islamic and demo accounts in worldtradex broker to cater to diverse trading needs. The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders. Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds.