For identity verification, a national or international passport is usually used. A passport page with registration or a utility bill can confirm the address. The secure worldtradex back office handles all financial transactions for verified clients. worldtradex LTD is registered in Saint Vincent and the Grenadines with registration number BC 2015 and the relevant registry operated by the Financial Services Authority (FSA).
Trading
Insights and reflections from industry experts can also be found in the worldtradex broker's news blog. The spreads and swaps for Standard and Fixed accounts can be considered average for the market. Various trading commissions are charged depending on the account type and the instruments used.
- Traders can access several accounts with low spreads, permitted scalping, and fast trade execution.
- Yes, worldtradex offers a demo account, allowing traders to practice and familiarize themselves with the platform without risking real money.
- MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free.
- worldtradex upgrades the trading experience via Autochartist, which includes automated chart pattern recognition and trading signals.
- It offers a perfect combination of convenience and functionality.
- A competitive ECN trading environment with audited and verified order execution.
- Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses.
Analytical Services
worldtradex makes money through spreads, commissions on trades, and overnight swap fees. This is particularly relevant for beginners just starting their trading careers and looking for comprehensive educational content. worldtradex also does not charge any commission for deposits and withdrawals, an added advantage. Moreover, the company covers any deposit fees charged by the payment system. When using an ECN account, a commission of $2.50 is charged for each transaction per 1 lot, which can be considered below average.
Depositing Funds
worldtradex also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. worldtradex offers 43 currency pairs, a choice suitable for most traders. Traders also get 18 commodities, 16 indices, 27 cryptocurrencies, 2 bonds, and 437 equity and ETF CFDs. I like the overall range of assets, as it provides most traders withall they need to achieve cross-asset diversification.
Trading Fees
Special accounts allow you to copy trades without installing programs on your computer. Strategies are set up in the broker's Client Area, and copying occurs automatically. This is the main difference from copy trading in MetaTrader, which requires a constant PC connection to the internet. The funds https://worldtradex.world/ will be transferred to the live account if all conditions are met.
- I like the worldtradex trading environment for its low trading fees in its ECN account, VPS hosting, volume-based rebates, and cutting-edge trading infrastructure.
- A bonus offer from worldtradex is the transfer of profits from a demo to a real account.
- worldtradex offers its clients a mobile application for download on iOS and Android operating systems.
- worldtradex offers various trading assets, including currency pairs, metals, cryptocurrencies, bonds, commodities, and indices.
- Account verification is mandatory at worldtradex, as it complies with global AML/KYC requirements.
- The more you trade, the more funds are returned to your account.
- It lacks coverage of core topics and provides readers with reasons to trade Forex rather than educating beginners on how to get started.
Yes, worldtradex offers a demo account, allowing traders to practice and familiarize themselves with the platform without risking real money. Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income. The leverage worldtradex offers varies based on the account type, balance of funds, and the trading instrument. The table outlines the maximum leverage available depending on the trading instrument. If you're not ready for live trading, it is advisable to try a demo account.
MT4, MT5 Trading Platforms
If you are not interested in trading on your own, consider worldtradex' copy trading platform, which allows for passive income by copying the trades of other traders in real-time. You need to undergo identity verification for full-fledged work with a live account. This requirement of financial regulators applies to all legal brokers, including worldtradex. Investors who prefer not to engage in independent trading can achieve good profits by copying the trades of successful traders. Portfolio creation is time-efficient and provides an opportunity for passive income. worldtradex is a full-service broker in the Forex market, offering a comprehensive range of services.