If you’re seeking a broker without inactivity fees, Vantage might be a suitable alternative. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills. Our wide range of CFD trading instruments offers to our clients the power to choose easily and efficiently between stocks, forex, precious metals and several other asset classes. Our clients also enjoy trading from a single multi asset platform with some of the most competitive spreads and with our no rejection of orders and no re-quotes execution policy.
I guess worldtradex support is an award-winning one cos if not they really deserve it. I threw every possible question at them and props to Sophia for responding very patiently. I always do that to test the broker as I noticed that all the questionable brokers have one thing in common – a really bad support team. I have some issues with the pricing especially at Standard account but when it comes to client-orientedness worldtradex is arguably the best in the business. For EUR/USD, the real (not marketing) spread for me its almost always 1 pip, on the dot, for my account type. For BTCUSD, its https://worldtradex.club/ usually below $70, which is actually less than 0.13%, very good for crypto.
worldtradex Group trading platforms and tools
Fees are low, quality of trading is good, the payouts are on time, I’m not having a problem with this. Could be better with speed of support replies, but I’m not disapointed in general. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Yes, based on your detected country of FI, you can open an account with this broker. worldtradex provides access to proprietary indicators by directly contacting an Account Manager.
The Trustpilot Experience
Even if an worldtradex trader experiences a significant loss, they will never owe more money than what is available in their worldtradex account balance. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. worldtradex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily.
Account funding at worldtradex Group
MetaTrader is known for its clean and good feel while trading, also its Charting are among the most powerful offerings in the industry. So, the same as we do, you will enjoy its look and functions offered. The worldtradex web platform combines strong trading features together with a simple UI. Expert Advisors (EAs) supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), arming traders with superior charting tools, technical indicators, and automated trading powers. Beneficial in rapidly moving markets, the platform features a one-click trading capability that lets trades be quickly executed. worldtradex lets you take control from anywhere with their state-of-the-art mobile apps for iOS and Android.
- worldtradex also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors.
- As an example assume that the interest rates in Japan and the US are 0.25% p.a.
- See your current performance, track open positions, and review your trading history – all in one convenient place.
- worldtradex are a multi regulated broker in various jurisdictions such as Cyprus, Belize, Dubai and South Africa.
- There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts.
We reached out through both the chat service and WhatsApp multiple times, and each time received responses within a minute. worldtradex is unable to accept clients from the United States of America, Canada, Israel and Iran. worldtradex are regulated by several top-tier authorities across its various regions, including CySEC (120/10), FCSA (49976) and DFSA (F003484). They provide free access to daily Forex webinars in 23 languages, available 7 days a week with 77 webinar instructors.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. Stocks, currency and other commodities and instruments will be brought or sold by worldtradex even if no buyer or seller is lined up. After extensive research over several years, we have compiled a list of the most effective worldtradex alternatives available today.
worldtradex applied 0% Withdrawal Fee and offers zero fees on both deposits & withdrawals. Very pleasant addition indeed, as the worldtradex company got all the transfer fees covered including e-wallets, major credit cards, instant account funding, and wire transfers with no hidden https://worldtradex.site/ fees or commissions. worldtradex Fees are ranked average based on our testing and compared to over 500 other brokers.
All payments made to worldtradex by traders are securely held in a segregated bank account. However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder.