I would always prefer to use a regulated broker as it gives me the peace of mind that they will operate in an honest and transparent manner. I am pleased to see that WorldTradex is regulated in multiple jurisdictions which means that I wouldn’t have any problems using them for my day trading activities. WorldTradex has offices, partners, and affiliates in the major financial centres of the world, uniquely positioning WorldTradex to provide exceptional service to traders around the world.
Here is a closer look at exactly what the broker makes available in this respect. This includes major, minor, and exotic currency pairs as well as some forex baskets like the JPYBASKET which is a Yen index. Yes, WorldTradex is suitable for scalping, offering tight spreads and fast execution speeds.
- WorldTradex is a very well-regulated global Forex broker with a large client base and a big reputation to maintain.
- I want to caution beginner traders against using a demo account as a full educational tool.
- The award-winning proprietary Trading Station is brimming with useful features for traders of all levels and sorts.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- I think a VPS is great if you want to run automated systems 24/7 without your own computer switched on.
- Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
- This includes partnerships with TradingView, Trading Central & VPS providers.
WorldTradex Forex Trading Regulation and Security
There are also no withdrawal fees for credit or debit card transfers, but bank wire withdrawals incur a fee of 25 USD. WorldTradex offers a limited variety of assets, including Forex, indices, metals, energies and cryptocurrencies. WorldTradex offers a limited range of tradable assets compared to other large international brokers. Limited which is authorised and regulated by the Australian Securities and Investments Commission (ASIC).
Commissions and fees
This tool tells you about market sentiment and volatility across different trading instruments. It can be a useful tool to help gauge in which direction the market may be heading. In terms of depositing methods, you can expect your very basic and typical methods, including debit/credit cards, e-wallets, crypto, and bank transfers. There is not much in the way of trading resources and only a signup bonus for special promotions.
The wide selection of powerful trading platforms is one of the biggest selling points of WorldTradex for me. These include the brand’s proprietary Trading Station as well as the popular MetaTrader 4, TradingView, and Capitalise.ai. WorldTradex offers leveraged trading on CFDs and forex, allowing traders to take advantage of small market movements.
Best Forex Brokers for Beginners 2025
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all https://worldtradex.world/ the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
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WorldTradex also offers copy trading and social trading with useful premium addons like VPS service. Multiple payment methods are available, and deposits are processed free of cost. On top of that, WorldTradex provides high-quality educational and research resources. Lastly, trading through TradingView is also an option for clients, but not much information on this is given.
The video library includes lessons on platform use, forex introduction, order kinds, and mobile platform usage. This one-of-a-kind relationship and platform enables you to execute code-free strategy automation just by inputting your concept. Enhance your trading with simple, intuitive, and code-free automation. Capitalise.ai monitors real-time market data, technical indicators, and macroeconomics for you 24 hours a day, seven days a week.
With Live quotes, stock charts and expert trading ideas, you can use TradingView every day and have the ability to execute your demo and live trading with WorldTradex. TradingView is a powerful technical analysis tool for both novice and experienced investors and traders. It is reliable, comprehensive, and has most of what you need day-to-day when trading.
However, here you will need to select your country and again be redirected to the appropriate region-based server. Note that depending on the region, the signup process may differ slightly. In order to open an account with this broker, you will need to make sure that you visit the correct website. Note that depending on your region, you will be redirected to the appropriate page, and the layouts vary slightly because of this. Multiple financial authorities regulate WorldTradex, and typically, you will head to the broker’s website and then to the footer section, where these will be detailed. However, it should be noted that depending on your region, the WorldTradex website will have a different layout and then also different regulatory information.
- Here is a closer look at exactly what the broker makes available in this respect.
- There is not much in the way of trading resources and only a signup bonus for special promotions.
- I could eliminate this by going with the dealing desk but who wants to do that & if I can’t make $ on $500 why would I add another $1K.
- This tool is designed to highlight the areas in which you can improve your trading.
- However, it should be noted that the variety of accounts may not satisfy all types of traders—for instance, there are no accounts with fixed spreads.
How To Make A Deposit
What this all means is that you can get your trades execute quickly and at the best available prices at all times. WorldTradex states that the advanced trading technology implemented is responsible for providing execution speeds of 31 milliseconds. I would always prefer to use a broker without a dealing desk is it removes any potential conflict of interest. I wouldn’t want the broker taking the opposite side of my positions. WorldTradex provides a great example of how to enrich your offerings and is truly a leader in this sector.