worldtradex provides multiple channels for customer support to ensure clients receive timely assistance. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services.

Non-Forex Assets

You will find that worldtradex have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders. They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms. I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions.

• The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.
• worldtradex offers 24/7 customer support, but an FAQ section needs to be included.
• Withdrawal requests are processed within the same day or next if outside working hours.

The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the worldtradex website and seek scammed by Worldtradex independant advice. worldtradex is a multinational brokerage brand offering clients a unique set of 128,000 financial instruments, including stocks, currencies, commodities, options, futures, and other trading assets. Services are available to both retail and institutional investors. worldtradex’s commission structure may beattractive to cost-conscious traders.

How To Make A Deposit

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. They have mobile-optimized charts, multiple order types and facilitate one-click trading. In our assessment, worldtradex is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds.

Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their funds in global financial markets, with full control over their investment portfolio. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages. It offers robust coverage of 75,000+ instruments to help investors broaden their trading strategies and diversify their portfolios.

The mobile apps and web platforms are useful for those who wish to trade whilst on the go from anywhere at any time. I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. CQGTrading Platform – CQG offers access to over 40 globalexchanges, providing market data and order routing for futures, options, andtheir combinations. While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages.

Customer support

• Personally, I would expect my broker to willingly accept phone calls.
• As the financial realm continues to evolve, so does the need for superior trading tools.
• Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses.
• The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs.
• Based on our evaluation, there aren’t many forex tools to improve the trading experience.

worldtradex provides several specialized platforms including Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader, along with their proprietary worldtradex Plus platform. worldtradex offers lower fees than most forex brokers based on our evaluation. The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities.

worldtradex offers 24/7 customer support, but an FAQ section needs to be included. A direct line to the trading desk exists, but I am missing one from the finance department, where most issues can arise. worldtradex explains its products and services well, and I doubt traders will require assistance. Clients at worldtradex may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. API trading is available for demanding traders with custom algorithmic trading solutions.

The Trustpilot Experience

However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500. And for a pattern day-trading account, no surprise here, the minimum is $25,000.

Their website is well-organized, withinformation readily accessible for prospective traders. Unlike some brokers,worldtradex’s account types are defined by the type of asset traded – forex,stocks and options, futures, or CFDs. They offer a few account types withdiffering market access, fees, and commissions. In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms.

Have already 1 year experience with…

I was pleased to see that the broker gives you professional analytical assistance with high-quality research that covers most financial markets and instruments worldwide. This can be an excellent way to improve your knowledge of the markets and your trading strategy. Ryan is a day trader with over a decade of market experience ranging from basic investing to active day trading. Over the years, he has tried tons of trading services and aims to educate other traders so they can make the smartest decisions. 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.

Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. This diversity enables traders to navigate volatile markets by shifting focus between asset classes and implementing cross-market strategies that capitalize on correlations without changing brokers. worldtradex supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers. Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.

This provides a direct connection to institutional liquidity providers with lower latency and improved fill rates. I am impressed how by how they incorporate a high-speed trading infrastructure with ultra-modern 100G network covering Europe, America, Asia and Russia. This allows them to maximise order execution speeds, from 0.05 seconds. They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers (LPs). Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips.

worldtradex offers both investment and market speculation opportunities to its clients. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. Using free market research of worldtradex’s experienced analyst team, clients get the opportunity to create their own investment strategies. The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled.