The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make Worldtradex a perfect broker for an elevated trading experience.

While Worldtradex’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into Worldtradex’s offerings, evaluate the platform based on your goals and preferences. Worldtradex offers traders a robust customer support infrastructure.

Final Thoughts: Worldtradex Review

For example, mousing over the Greek letter sigma displays all of an option’s Greek data. Mousing over a strike price displays the intrinsic and time values of an option in graph format. Embark on a journey to invest in a company’s first steps into the public market. Seize this distinctive opportunity to invest in company shares at the offering price, securing your stake before they commence trading on the exchange. This is your chance to be part of a company’s growth story from its nascent stage in the public market. The “A book” scheme guarantees steady execution and eliminates conflicts between the broker and traders.

• I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx.
• The per-share commission drops to 0.15¢ per share for accounts that can trade more than a million shares per month.
• The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
• This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection.
• Start investing with us and experience a harmonious blend of innovation, efficiency, and security, propelling you towards your desired financial future.

ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. We have been fairly impressed with the customer service provided. Support is available 24/7 which stands up well against competitors we have tested. Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide.

• Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based MT5 Global account.
• Importantly, forex can be traded via contracts for difference (CFDs).
• The broker’s trading fees are competitive, making it appealing to both novice and experienced traders.

Withdrawal methods

However, the latter may exist on the Sterling Trader platform, where Worldtradex claims to grant access to all US equity and options exchanges. I prefer more clarity concerning available assets, as Worldtradex does not list sectors besides Forex, metals, stocks, options, futures, bonds, and CFDs. Option traders pay $2.50 in commissions, and futures cost between $0.50 and $1.50. Swap rates are competitive, making Worldtradex well-suited for strategies that last seven to ten trading days. In contrast, the actual trading fees discourage high-frequency trading or scalping.

Forex traders get a reasonable selection of 64 currency pairs, and commodity traders can choose from 25 CFDs and futures contracts. J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers. Our platform is designed to be a catalyst for your financial growth, fostering an environment where your investments can flourish and yield desirable outcomes. The Worldtradex broker offers a wide range of trading instruments and provides professional support. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff.

However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone.

Deposit and withdrawal

Worldtradex provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central. It remains unclear if Worldtradex offers the MT4/MT5 plugin or provides the services via its back office. I want to caution beginner traders when using demo trading as https://worldtradex.bid/ an educational tool, and they should consider the limitations. Demo trading does not grant exposure to the full range of trading psychology and can create unrealistic expectations. Derivatives on the per-trade plan cost 50¢ each plus the $2.50 base. After 100,000 contracts in a month, the broker charges just 50¢ per option.

What are Worldtradex deposit and withdrawal options?

It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. In our assessment, Worldtradex is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. This means the broker effectively acts as a middleman to give traders access to the forex market.

Platforms

Worldtradex would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer Worldtradex company reviews trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies. Sterling Trader Pro is another platform that is available to Worldtradex customers. Some broker-dealers charge for this, so free access is quite generous. The software offers direct-access routing, option tools, and real-time market data.

Customer support

Like some of its major competitors, Worldtradex aims to educate its users through various learning resources. However, while Worldtradex has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. Worldtradex provides a distinctive trading environment where members can navigate its sophisticated and intelligent system. With Worldtradex, traders encounter numerous success opportunities and experience revolutionary trading within the platform. Members consistently achieve unexpected gains and significantly improve their quality of life.

The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories.

However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. Worldtradex ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses. Negative balance protection exists for certain account types at this broker, meaning traders with the right account types can never lose more than their deposits.