The standard lot equals 100,000 units of a currency, and all trading instruments are available. 60 standard lots per position and 500 trades can be opened simultaneously. Supported services include personal account manager, market execution, telephone trading, and personalized service. This account is best suited for scalpers, or traders who want to speculate on short price movements. Scalpers usually close their traders during trading hours and hold positions from several minutes to several hours. worldtradex offers Autochartist as a free tool for its clients, integrated into both MetaTrader 4 and 5 platforms.
Pros
worldtradex caters to a diverse clientele, from complete beginners venturing into forex trading for the first time to seasoned veterans seeking a robust platform and competitive spreads. They offer a variety of educational resources and account types to suit different experience levels and trading styles. worldtradex offers a Virtual Private Server (VPS) hosting service, which is a crucial tool to traders, especially the most active investors. As such, this VPS ensures the continuous operation of trading platforms with minimal downtime, irrespective of personal computer status or internet connectivity. On top of the different trading platforms offered by worldtradex, the broker also features a variety of tools that can help enhance the trading experience of a trader.
This proprietary web-based platform is designed for ease of use, featuring one-click trading, real-time market data, and a customisable interface. worldtradex offers the industry-standard MetaTrader 4 and 5 platforms, along with their own HF Copy platform for social trading. worldtradex operates under the regulations of multiple respected financial authorities, prioritizing client fund protection and adhering to strict financial compliance guidelines. worldtradex prioritizes security and operates under the regulations of multiple esteemed financial authorities.
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worldtradex stands out as a highly reputable and well-rounded online broker, offering a comprehensive and user-friendly trading experience. worldtradex stands out as a well-rounded broker that caters to a wide audience, from novice traders to experienced professionals. Its strong regulatory oversight, competitive worldtradex fees , and diverse asset offerings make it a compelling choice for those seeking a secure and versatile trading environment. The MT4 and MT5 platforms deliver exceptional execution speeds and advanced charting tools, while the worldtradex app ensures flexibility for traders on the move.
These include VPS Hosting, Autochartist, Advanced Insights, Premium Trader, and Trading Calculators, among others. In addition to spreads and commissions, worldtradex charges swap fees on positions held Worldtradex overnight. However, swap-free (Islamic) account options are available across all account types except the Top-Up Bonus account. This allows traders who follow Sharia law to participate in the markets ethically.
worldtradex (HF Markets) Review 2024
It is an unlimited demo account which does not expire and comes with a starting balance of $100,000 in virtual funds. The demo accounts on worldtradex are available on MT4 and MT5, two of the most popular trading platforms. worldtradex is an international forex and CFD broker with over a decade of experience in the financial markets. The broker provides access to various account types and trading instruments, along with regulatory oversight in multiple jurisdictions. worldtradex’s services are available in regions including Africa, Asia, and Latin America.
An In-Depth Look at worldtradex’s Offerings
The pro account is for traders who want to speculate on Forex and other markets with zero or super-low commissions. worldtradex pro account has floating spreads from 0.6 pips, which is super competitive and lower than the industry average of 1 pip. On Trustpilot, this broker has a rating of 4.6 stars out of 5 after over 2,000 different reviews.
To get this plan for free, a trader must have a minimum net deposit of $15,000 in the past 30 days and at least 15 standard lots traded within the past calendar month. For new traders, this demo account allows them to experience online trading in a risk-free virtual environment. This helps them understand the platform and market dynamics without committing real capital. For experienced traders, it provides a virtual space to test and refine trading strategies under real market conditions before implementing them in live trading. The Copy Cent account requires a minimum deposit of $10 for followers and $25 for strategy https://worldtradex.online/ providers. The broker offers diverse trading assets of Forex, indices, commodities, stocks, cryptos, and ETFs.
The broker offers multiple account types, cent, zero, pro, premium, and top-up bonus. We are going to review each of the trading accounts and their key features and differences. All information on this website represent subjective views of the authors and they are solely informational. When you trade Forex, CFDs or other financial instruments you are exposed to a high risk of loss. We review and rate companies offering trading platforms for Forex, CFDs and other financial instruments. We do our best to warn people about scams and promote only companies we personally consider to be very good.
The broker provides access to trading platforms that are relatively easy to use, with features such as competitive spreads and support for different trading strategies. In this worldtradex broker review, we will explore what to expect from the broker, including its trading platforms, available instruments, regulations, fees, and other essential features. The cent account is designed for new traders who want to test their skills on live markets with a small budget. The key defining feature of a cent account is its low capital requirements and micro-lots trading volumes. The main goal here is to allow novice traders to trade on live markets with much lower risks than other accounts. Finally, the Gold plan costs $80 a month and comes with 4 virtual CPUs, 6,656 MBs of RAM, and 75 GB of SSD Storage.
- MT5 expands on MT4 with more advanced charting capabilities, a wider selection of technical indicators, and enhanced backtesting functionalities.
- We are also a community of traders that support each other on our daily trading journey.
- When you trade Forex, CFDs or other financial instruments you are exposed to a high risk of loss.
Presenting the worldtradex Trading App.
worldtradex provides Premium Trader Tools, which is a professional-grade suite of plugins designed to enhance trading on MT4 and MT5 platforms. This package includes advanced trading utilities, sentiment indicators, and decision-support tools, tailored for both aspiring and experienced traders. In contrast, the Silver plan costs $50 a month and features 2 virtual CPUs, 4,096 MBs of RAM, and 50 GB of SSD Storage. Traders can get this plan for free if they have a net deposit of $8,000 within the last 30 days and at least 8 standard lots traded within the past calendar month. Lastly, the Copy Pro account requires a $100 minimum deposit for both followers and strategy providers. It grants access to a broader range of CFDs, including forex, spot indices, gold, spot energies, and silver.
worldtradex Review FAQs
- In addition to spreads and commissions, worldtradex charges swap fees on positions held overnight.
- worldtradex provides Premium Trader Tools, which is a professional-grade suite of plugins designed to enhance trading on MT4 and MT5 platforms.
- The main goal here is to allow novice traders to trade on live markets with much lower risks than other accounts.
There are three different plans for this VPS service, which include the Bronze, the Silver, and the Gold plans. The Bronze plan costs $25 a month and features 1 virtual CPU, 2,560 MBs of RAM, and 30 GB of SSD Storage. worldtradex offers a valuable demo account designed to closely simulate a live trading environment.
