However, trailing stop-loss orders are only available from the desktop. To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. worldtradex is a global broker providing services in Latin America, Asia, and the Commonwealth of Independent States (CIS). Traders can choose from various account types, including an ECN account with floating spreads starting from 0 pips. worldtradex offers a seamless deposit and withdrawal process with 0% commission on all deposits, regardless of the payment method.
- Traders create and monetize strategies within their personal domains, allowing investors to mirror these trades and share profits.
- worldtradex places a paramount emphasis on trust and safety, strictly adhering to global compliance standards to protect its traders.
- The sentiment indicator uses data from the worldtradex client base to show the buyer-seller ratio for each trading instrument.
- worldtradex acknowledges the importance of owning a quick order execution.
- While offshore regulation may not be ideal for some, there is considerable peace of mind due to Financial Commission membership.
- Mobile trading with MT4 allows you to have complete control over a trading account and trade from anywhere 24/5.
- Below, we will discuss these fees in more detail, helping traders understand how they might impact overall profitability.
Market Analysis Tools
In terms of regulatory oversight, there is little to none, as all three entities of this broker are based offshore. Client funds are held separately from the company’s operating accounts. The broker is also https://worldtradex.world/ a certified member of The Financial Commission, which provides up to €20,000 in compensation per trade claim. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
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However, while the bonus boosts trading leverage, it cannot be withdrawn at all. worldtradex offers a straightforward fee structure across all account types, charging no commissions or swaps on any of their accounts. Instead, traders are only required to pay a fixed spread, which varies depending on the instrument and account type. Premium and VIP account holders enjoy lower fixed spreads, making these options especially attractive for high-volume and frequent traders. Standard account holders also benefit from competitive fixed spreads, ensuring that even beginners can trade cost-effectively.
Demo Trading with Real Profit Possibilities
Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets and more. Read more about St. Vincent and the Grenadines regulation by the link. worldtradex offers their traders an extensive array of financial instruments and markets to participate in trading. For instance, traders can find opportunities trading forex, precious metals, commodities, stocks, indices, and cryptocurrencies. You simply have to complete a single-user profile questionnaire to start depositing money into your trading account.
High Leverage Options
It offers a user-friendly platform, and demo accounts to help new traders get started. Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform. The minimum deposit is the amount you need to deposit into your trading account to start trading with the broker. In worldtradex, the minimum contributions for different types of accounts vary.
- Instead, traders are only required to pay a fixed spread, which varies depending on the instrument and account type.
- Traders can reach worldtradex’ support team 24/7 through multiple channels, including email, phone, and live chat.
- At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
- worldtradex does not charge any account maintenance fees or inactivity fees.
- worldtradex provides a steady flow of market-moving stories via the FXStreet Newswire published on the website.
- Founded in 2007, this company has a range of features for all trading needs.
There is a registration form that requires some personal information and you’ll need to verify your identity. This is a standard procedure and you will be asked for some documents as proof of who you are. Once the account is verified, simply deposit some money via bank transfer, card, or e-wallet. All trading has a certain amount of risk attached to it, including worldtradex.
Double your deposit
The first step is to carefully assess all account types and choose the one that suits best. The worldtradex website is very user friendly, so the signing up process isn’t overly complicated. worldtradex has four trading accounts designed for amateurs and professional traders. They also offer an Islamic account option for traders who adhere to Islamic rules on trading.
