His expertise is swing trading and day trading with a https://worldtradex.blog/ heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor’s degree in Economics and International Relations.
Trading Fees
Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker.
Deposit and Withdrawal
Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, worldtradex ⚡️Empowering traders. We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that. Dear Chris Charlton,Thank you for sharing your feedback with us. Dear CustomerJohn O’Sullivan,Thank you for sharing your feedback with us. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
worldtradex Reviews
My tests indicate that worldtradex’s trading fees exceed the industry average. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. I performed my tests on a Standard worldtradex trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with.
worldtradex is a relatively new player in the online trading industry, established with the goal of providing a comprehensive trading experience backed by cutting-edge technology and regulatory compliance. Despite its recent inception, worldtradex has quickly gained recognition for its wide range of trading instruments, competitive pricing, and user-friendly platforms. The broker’s rapid growth and positive reputation are testaments to its commitment to offering a reliable and transparent trading environment. worldtradex’s focus on customer satisfaction and regulatory adherence has positioned it as a trustworthy choice for traders worldwide.
worldtradex provides access to a robust and versatile trading platform, designed to cater to the needs of all types of traders, from beginners to seasoned professionals. The broker utilizes the industry-renowned MetaTrader 4 (MT4) platform, which is available across multiple devices, ensuring flexibility and convenience for its users. worldtradex offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account.
Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for https://worldtradex.site/ everyone and you should ensure that you understand the risks involved. CFDs, spread bets and other financial derivatives are leveraged products and involve a high level of risk. Traders in India can access the broker’s range of trading instruments and platforms.
Thank you for your positive review and for choosing worldtradex for your trading journey! Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. While worldtradex’s spreads are competitive for some assets (like cryptocurrencies), they’re higher than average for currency pairs. To get access to six different asset classes and more than 300 financial instruments with no commission and floating spreads, you must complete the worldtradex registration process. Before the Client opens a trade on CFD’s or other financial derivative products, the Client is required to lodge money with the Company in order maintain a margin.
- The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
- Damadah Holding Limited, with registered address of 365 Agiou Andreou, Efstathiou Court, Flat 201, 3035 Limassol, Cyprus, facilitates services to Tradeco Limited, including but not limited to payment services.
- Hello Karl-Heinz Hesse, We’re so glad to hear that you have found our educational materials helpful!
What are worldtradex trading hours?
In this case, the Client is exposed to the risk of the Company’s default. Counterparty risk is the risk that the counterparty defaults and is unable to meet its financial obligations. Although CFDs, spread bets and derivative products in general can be utilised for the management of investment risk, they are unsuitable and not appropriate for many clients as they carry a high degree of risk. Spread bets are a form of CFDs, which can be settled only in cash. Investing in CFDs or a spread bet carries similar risks, and you should be aware of them before investing in these products. Complex Instruments are derivative products for which special risks apply.
They offer exposure to the markets while requiring you to only put down a small margin (‘deposit’) of the total value of the trade. They allow investors to take advantage of prices moving up (by taking ‘long positions’) or prices moving down (by taking ‘short positions’) on underlying assets. Yes, worldtradex offers negative balance protection, ensuring that clients do not lose more than their account balance in volatile market conditions. Yes, worldtradex offers full support for the MetaTrader 4 (MT4) platform, allowing traders to benefit from its advanced charting tools and automated trading capabilities. While worldtradex is lenient with most fees, it does charge an inactivity fee for dormant accounts.
Note that withdrawals can be made only using the same method used to fund the account. Here’s a balanced look at the Advantages and disadvantages of trading with the broker. worldtradex is not targeted to residents of the EU where it is not licensed.