WorldTradex prioritizes the security of its traders’ funds and personal information through various protective measures. Funds are kept safe in segregated accounts, separate from the company’s assets, in line with international regulations. You can have any number of demo accounts, but inactive ones get closed after a while. We send a letter with a trading password for each of them to your email—just like with the real ones.
WorldTradex trading app: optimise your trading experience
- Everything you need to start trading from beginning to advance level, this website is providing you.
- Its international presence and commitment to providing educational support make it an attractive choice for both novice and experienced traders.
- All trading accounts featured by WorldTradex are swap-free and suitable for halal trading.
- It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services.
- The MetaTrader platforms are well known for facilitating copy trading and developing trading forums.
- Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay.
Choose from 300+ trading instruments, including shares, commodities, and indices. These two minor points do not detract from the trading experience, and WorldTradex can be congratulated for so effectively shaking up the broker space. Account opening is very much a standard process these days, but WorldTradex does offer a particularly neat twist to the situation. The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers.
- You’ll be asked to choose between a real or demo account and select your preferred trading platform.
- The minimum deposit requirement is €50, and WorldTradex offers commission-free deposits and withdrawals via bank wires.
- WorldTradex provides robust security measures for both client funds and personal data.
- WorldTradex has made significant progress in a relatively short period of time.
- Pepperstone connects social traders with 50M+ peers to TradingView and also offers cTrader.
- Hungary is a core Forex market for many leading Forex brokers due to its excellent infrastructure, highly educated trader base, and rising retail Forex demand.
Demo accounts
Each of them has its own pros and cons, available tools for market analysis, and trading instruments. You can freely choose the one you like when creating a new trading account. WorldTradex does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment. It also provides Islamic (swap-free) accounts that comply with Sharia law. WorldTradex doesn’t cater to US traders due to regulatory restrictions. MetaTrader 5 is a more advanced platform with robust tools and customization for experienced traders.
Minimum Deposit and Account Types
One way in which WorldTradex leads the sector is its willingness to share data on its own operations. In line with this transparent approach, it also provides a range https://worldtradex.site/ of metrics relating to the performance of its customer support team. 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. The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them.
Share trading launched
It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). The fact that WorldTradex offers an almost institutional-grade trading experience doesn’t mean beginner traders are in any way disadvantaged.
Glossary for traders
However, it’s important to note that WorldTradex doesn’t offer trading in certain instruments like ETFs and stocks. WorldTradex maintains a balanced asset selection of highly liquid assets focused on Forex, with commission-free spreads from 1.0 pips or $10.00 per 1.0 standard round lot. The minimum deposit requirement is €50, and WorldTradex offers commission-free deposits and withdrawals via bank wires. Select Forex pairs and some commodities and indices for short sellers are swap-free for all traders, offering a notable cost advantage for overnight trading strategies like swing traders.
Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official WorldTradex broker app. Use your demo account to test new trading strategies or learn how to use certain analytical tools without risking your balance, then use your real account to earn a profit. If you want to practise trading skills, create a demo account and trade in real market conditions with unlimited virtual funds. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes.