To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types. The built-in news feed and economic calendar of the platform help traders stay current with market events. Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere.
7 Customer Support
Simply choose an account, choose the trading application and access it via WorldTradexFX Trading App Accounts. This lightning-fast application with an attractive and easy-to-use design will make everything straightforward from the first tap. MT4 is ideal for new traders and more experienced traders who require a simplistic yet sophisticated platform.
WorldTradex Additional Fees
- WorldTradex minimum deposit is $25 allowing you to open an account and start trading.
- The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy.
- Its head office is found in London, and through steady expansion, it now serves millions of traders from over 180 countries.
- Beginning and expert traders can use the WorldTradex web platform because of its easy-to-use interface.
- Regardless of your preferred trading strategy, they have accounts for all styles of trader, with differing levels of investment and experience.
- It ticks many boxes for traders, who can access it through the live chat, email, phone, or by using an enquiry form.
- Client orders received by WorldTradex are offset by banks and liquidity providers.
By means of Expert Advisors (EAs), MT4 supports automated trading, therefore improving trading efficiency and facilitating users to apply algorithmic techniques effortlessly. The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy. WorldTradex has recently announced about it going swap-free in all the regions it operates. Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. Due to this traders will no longer hesitate to use mid-term and long-term stategies. This means, WorldTradex clients are free to hold as many orders as they wish for as long as they want.
- As well as controlling your trading accounts and monitoring balance statistics, they’ve added integrations with trading platforms, so you can start trading with no effort at all.
- The pushback comes from the more limited number of instruments a user can trade on this platform.
- For withdrawal requests, the processing time is almostinstantaneous and validated through an email.
- The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication.
- In addition, WorldTradexFX also keeps user funds distinctfrom that of the company.
- The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders.
Share trading launched
WorldTradexFX offers CFD trading on forex, commodities, stocks, indices and cryptocurrencies. You can trade across the MetaTrader and cTrader suite of trading platforms as well as their own intuitive trading app. There is a decent variety of account types which you can choose from depending on your trading style. The account you go for may also depend on the trading platforms that you wish to use, instruments you want to trade and minimum deposit requirements. MT5 https://worldtradex.world/ has a simple interface just like its predecessor with some new features that improve the overall experience. There are more technical and fundamental indicators for chart analysis, 21 timeframes, graphical objects, support for more order types, an economic calendar and more.
A welcome addition would be third-party account insurance (such as a policy from Lloyds of London), as seen at some other popular offshore brokers. Overall, I rate WorldTradex as an innovative broker with a client-centric focus. One thing that stood out to me about this broker during my review was the ease of use. The WorldTradexTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading.
Transparent trading conditions
WorldTradexFX provides more information about its operational risk management than it does about its regulatory framework. One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection. 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 MT5 account offers a wider range of markets than the MT4 account and there are no swaps.
During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing. This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. WorldTradex is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through WorldTradexFX.com and WorldTradexFX.eu. WorldTradexFX traders are able to executive lightning tradesat visible prices without any slippage.
For people looking for a sophisticated trading experience, WorldTradex’s MT5 platform offers a strong and flexible trading alternative overall. WorldTradex Broker offers diverse financial instruments, such as currency pairs, commodities, indices, and cryptocurrencies, to form well-diversified portfolios. Such a large number becomes an opportunity for most types of market participants with different interests and strategies. Second, the broker provides access to advanced trading platforms, namely MetaTrader 4 and MetaTrader 5, as well as the proprietary WorldTradexTrader platform. Each platform is provided with an intuitive interface and a set of analytical tools, which give a chance to traders to take trading decisions and therefore maximize the process of trading. WorldTradexFX offer a great choice of platforms for convenient access to the markets on all of your devices.
However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly. Overall, the range is suitable for most traders either beginners or tradrs with experience, also we would mark that range of Products vary by the platoform you use also the entity of WorldTradexFx. WorldTradex works on a spread-only basis; hence, separate commissions for trading are not paid.
How to open an WorldTradex trading account
WorldTradex gives high priority to the ‘Analysis and Education’ section of its site. The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt.