The head of worldtradex’ analytical department, Artem Deev, is regularly published in leading economic media. Insights and reflections from industry experts can also be found in the worldtradex broker’s news blog. The MetaTrader terminal allows for manual and automated trading, setting pending orders, and using numerous indicators. The software supports thousands of user add-ons that simplify the search for successful trades and implement algorithmic trading strategies.
Yes, the broker is regulated by several authorities, including MISA, FSA, FSC, and is a member of the Financial Commission. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page. Overall, AMarket is a reliable choice and despite its limited reach in terms of territories, it does have many happy customers.
worldtradex – Company Information & Regulation
Please note that the list of payment methods below depends on the worldtradex Entity and the client’s Country of Residence. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose. You will be exposed to a high risk of loss regarding leverage and margin-based trading. Although we found some very useful aspects of the worldtradex platform that would be useful to some traders. Furthermore, learning how to mitigate and manage investment risk is crucial.
- Overall, AMarket is a reliable choice and despite its limited reach in terms of territories, it does have many happy customers.
- This status gives access to increased cashback, bonus trading funds, priority withdrawals, free VPS, and reduced swaps up to 30%.
- The Standard account offers floating spreads starting from 1.3 pips with no commissions.
- If worldtradex turns out not to be the best fit, we have many resources on the alternative premium forex brokers.
- However, a commission may be taken by the payment provider when withdrawing funds.
worldtradex Client Area
While worldtradex has many happy customers, there are almost as many giving mixed reviews. We will discuss this further customer reviews section but the lack of educational materials is a sticking point. worldtradex has offshore regulation, which means it isn’t regulated by any of the “major” regulatory bodies. In this case, it is regulated by Saint Vincent and the Grenadines Financial Services Authority (FSA). The likely reason for this is that this broker doesn’t offer its services to many European countries, and the USA and Australia. Founded in 2007, this company has a range of features for all trading needs.
Trading with worldtradex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets. When using worldtradex, the minimum trade size is typically units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened.
However, some users mention slow withdrawals on occasion, although it isn’t a constant problem. Offshore regulation is also mentioned occasionally, which makes some users a little nervous. MetaTrader is also popular due to its copy trading and automated trading features. worldtradex does not charge any account maintenance fees https://worldtradex.space/ or inactivity fees. An affiliate program has been developed for active users who want to earn extra income.
- For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000.
- The first step is to carefully assess all account types and choose the one that suits best.
- worldtradex has four trading accounts designed for amateurs and professional traders.
- All trading instruments are available with this account, along with negative balance protection.
- Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget.
AMTrader Platform
For instance, depositing $1,000 adds an extra $500, giving the trader a total of $1,500 to trade with. The maximum bonus amount varies based on the account type, offering flexibility to meet individual trading needs. This bonus is fully tradable, allowing traders to open larger positions and support their live trades. However, while the bonus boosts trading leverage, it cannot be withdrawn at all.
Benefits of Trading with worldtradex
worldtradex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their worldtradex clients’ funds.
If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. worldtradex MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, worldtradex MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, Worldtradex official site and Indices.
Metatrader 4 Webtrader on worldtradex
worldtradex offers a seamless deposit and withdrawal process with 0% commission on all deposits, regardless of the payment method. Available payment options include bank cards, cryptocurrencies (like Bitcoin, Ethereum, and USDT), and e-wallets (like Volet). Deposits are processed instantly (or within an hour for Bitcoin), while withdrawals typically take up to 24 hours.
worldtradex is a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products. If you choose FIXED or STANDARD account types, the minimum deposit is $100, €100, or ₽7000. For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000. The minimum deposit is the amount you need to deposit into your trading account to start trading with the broker.
Regarding regulatory oversight, the Finance Committee regulates the worldtradex. The Commission has a compensation system that provides compensation of up to USD 20,000 per case. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
The MetaTrader 5 terminal, an improved version of the popular platform, is also available for trading. Here you can easily make transactions in such markets as forex, CFD on futures, stocks and oil, etc. It is equipped with an impressive database of indicators, news feeds, economic calendars, signals, opportunities for automatic trading, and additional timeframes. To open a trading account with worldtradex, individuals can sign up on the worldtradex website.
The Zero account, with a $200 minimum deposit, offers spreads starting from 0 pips and commissions starting at $0.01 per side, catering to traders who prioritize tight spreads. EToro is a highly regarded broker with top-tier regulation and many features. It offers copy trading and algorithmic trading, alongside a range of account types. Additionally, this broker has many educational resources for skill development. Based offshore, worldtradex offers the advantages of high leverage, a wide range of deposit and withdrawal methods, and an easy sign-up process. worldtradex could improve by offering private account insurance from Lloyds of London and cutting their withdrawal fees.
The availability of a web version and mobile device applications offers the convenience of trading anytime and anywhere. For its clients, worldtradex offers quite attractive commission conditions. It is important to note that the company does not charge any inactivity fees, nor does it charge for deposits and withdrawals, which significantly eases the trading process for traders. All account types offer features like instant/market execution, Islamic account options, and access to a wide range of trading instruments. worldtradex places a paramount emphasis on trust and safety, strictly adhering to global compliance standards to protect its traders. The platform employs state-of-the-art security measures to safeguard both personal data and client funds, ensuring that all transactions and information are securely managed.
This is one of the reasons many forex aficionados choose this broker. Trading is available in several languages, making it an ideal choice for those who want to trade in their native language. While worldtradex is available to a wide number of Latin America, Asian, and African citizens, there are many limitations. Residents of the EU/EEA, and UK cannot use this broker, along with US residents. worldtradex offers a selection of insightful and practical educational materials.