WorldTradex Review 2024: Is WorldTradex Good For Beginners?

Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, WorldTradex offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. I like the trading environment at WorldTradex, especially for high-volume traders using algorithmic trading solutions. WorldTradex is a very well-regulated global Forex broker with a large client base and a big reputation to maintain. All trading platforms fully support algorithmic trading, and WorldTradex provides four free APIs to developers on top of a wide selection of third-party plugins.

  • When testing the in-house platform, I was struck by its ease of use and intuitive design.
  • I would always prefer to use a regulated broker as it gives me the peace of mind that they will operate in an honest and transparent manner.
  • FxScouts is committed to ensuring protection of all personal information that we hold, and to provide and to protect all such data.
  • WorldTradex Market Data offers powerful insights to help you find potential trading opportunities.
  • Zulutrade selects its traders using advanced algorithms and a dedicated trading desk.
  • This physical presence shows how the company has now grown into a worldwide broker and one of the foremost in the industry around the world.
  • You can also practice trading on a free demo account which can be a good way to see if the broker meets your needs whilst familiarising yourself with the platforms.

I found the mobile app very easy to use although it is slightly limited in functionality when compared to the desktop platform. However, it is ideal for tracking your trades and following the markets whilst on the go. Forex Capital Markets (WorldTradex) is an award-winning and leading provider of online foreign exchange (FX) trading, stocks, CFD trading, Cryptos, and related services worldwide. The broker was founded in 1999 with a mission to provide access to the financial markets via innovative tools and superior trading conditions.

Hidden Fees

Overall, there is more than enough content for everyone to learn something new. Some of the most successful traders employ automated systems to remove the human factor from trading. Automated strategies may be introduced to Trading Station Desktop with a few mouse clicks. Because of the breadth and scope of WorldTradex’s trading pool, you get access to significant market data. Trading Station’s distinctive Real Volume indicators, which are pre-loaded on Trading Station, provide you with unrivalled access and strategy support based on real market sentiment.

Non-Trading Fees

  • It can do everything that I need it to and much more, from complex market analysis to automated trading.
  • When it comes to WorldTradex awards, they have won more than 25 over the years.
  • Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection.
  • Very supportive and friendly attitude.Quick solution to my problem with funds transfer.
  • The only way you can get any information on your account is to actually open one with this broker and then visit the client area (MyWorldTradex).
  • It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.

You can find the latest up to date list on the brokers website. If you find that they cannot accept clients from your country for whatever reason, please feel free to peruse our broker reviews for an alternative option. When choosing a broker, regulation is one of the first things that I look for.

Customer Service

WorldTradex offers a unique rebate program, an excellent way for active traders to save on commissions. Users can receive various types of rebates depending on their trading volume. The minimum volume for participation in the program is 10 million US dollars per month, and the more you trade, the more you save.

Processing Times

The fee is up to 50 units of the currency your account is denominated in or the balance of your account, depending on which is less. This level of regulatory scrutiny brings stringent requirements and compliance checks, ensuring that UK and Australian traders in particular will be well covered. Traders who register with the FSCA branch will be able to access higher leverage, though the regulatory oversight is not quite as strong. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Our team is always happy to help, and we always appreciate when our clients make the interaction mutually pleasant.

Yes, WorldTradex is regulated by several financial authorities, including the FCA in the UK, ASIC in Australia, the CySEC in Europe, and the FSCA in South Africa. It is regulated by multiple tier-one financial authorities, including the FCA and ASIC, which adds credibility and oversight to its operations. WorldTradex is a legitimate forex broker with a long-standing presence in the industry since 1999 and dozens of industry accolades. Our experts are comfortable that the brokerage is not operating a scam. The trading hours for CFDs on stocks, indices and commodities may vary depending on the specific market.

Unlike many other brokers, WorldTradex does not charge credit or debit card withdrawal fees. Auto-trading is an ideal solution for traders who do not want to create their strategies or lack the skills to do so. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall https://worldtradex.site/ rating based on our findings. We aim to help you find the best broker according to your own needs.

A social trading platform, trades are executed with WorldTradex’s competitive spreads, and 25% of profits are paid to the trader if they earn a successful return on investment. Clients can trade shares, forex, CFDs, and cryptocurrencies on Zulutrade. Zulutrade selects its traders using advanced algorithms and a dedicated trading desk. WorldTradex offers a demo account that is loaded with 5000 USD in virtual money and expires after 30 days of inactivity.

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