worldtradex offers a single yet versatile account type – the ECN XL account, designed to cater to both beginners and professionals. This account features spreads starting from 0 with no trading commissions, providing a cost-effective trading environment. One of the standout benefits of worldtradex is the absence of a minimum deposit requirement, allowing traders to https://lunarcapital.team/ start with any amount that suits their needs. worldtradex brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

Trading Account Types

• Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, worldtradex’s ECN XL account provides a solid, flexible option.
• However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing.
• Still, I feel that worldtradex could become a more attractive forex broker by expanding the range of tools it supports.
• Furthermore, all client funds are held in accounts with major international banks and kept segregated from worldtradex corporate accounts.

worldtradex employs an electronic communications network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers. MetaTrader 4 is one of the most popular forex trading platforms in the world today. All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s).

However, using the revised calendar as an example, it illustrates the level of care and detail we’ve entered into, in order to provide our clients with the best resources available. Depending if you prefer to trade from your desktop or while on-the-go, we have a platform for you, and with our user guides we look to improve your Forex trading experience and results. MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. With the worldtradex MT4 trading arsenal at your disposal, all your energy can be channelled into implementing your trading strategies, secure in the knowledge that the suite of tools in MT4 are there to back you up.

However, breaking news, technical analysis, fundamental analysis and opinion also provides an essential insight into where markets are headed. With MetaTrader 4 WebTrader and MetaTrader 5 WebTrader, you can experience the full power of the MetaTrader platforms straight from your web browser without the need to install any software. Both versions offer a seamless, responsive interface, providing ultimate flexibility for traders who need instant access from any device with internet connectivity. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. I particularly enjoy the daily market analysis provided by in-house experts and the morning roll call, though I do feel worldtradex can improve its research by introducing regular live streams with experts and real-time trading sessions.

Flexible Account Options

In addition to offering free access to a Virtual Private Server (VPS), worldtradex currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. These mobile applications allow traders to connect to their worldtradex’s trading accounts, analyze charts, manage trades, and apply technical indicators — all from smartphones or tablets. Still, I feel that worldtradex could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers.

FIRST DEPOSIT BONUS Start trading and receive up to $2,000

With MetaTrader 4 and MetaTrader 5, traders gain access to two of the most popular and powerful forex trading platforms in the world. worldtradex stands out as a solid broker choice for traders looking for a low-cost, regulated platform. Its competitive spreads, no trading commissions, and lack of a minimum deposit make it accessible to both beginner and professional traders. With a focus on forex and CFDs, worldtradex provides a range of tradable instruments, though the absence of stock trading may be a limitation for some. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an worldtradex XL account.

• Practice your forex trading skills or test new strategies with zero investment.
• If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes.
• worldtradex provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers.
• worldtradex offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads.

worldtradex offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes. The broker provides access to CFDs (Contracts for Difference), which allow users to trade a wide range of markets without owning the underlying assets. worldtradex’s offerings include commodities, currencies, cryptocurrencies, and indices, giving traders flexibility in choosing their preferred markets. With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions.

Trading platforms

Although worldtradex does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS). This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on worldtradex. MT4 ultimately gives me the flexibility I need to analyze the foreign exchange market, with 9 time frames ranging from 1 minute to 1 month, 30 integrated indicators, plus 2000 free custom indicators and 700 paid options. At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again.

Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. worldtradex’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades. Keep reading our worldtradex review to find out if this broker would be appropriate for your needs.

Licensed under CySEC, MiFID, and MISA, worldtradex provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options. The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive. worldtradex’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so worldtradex is behind the competition here. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. The most notable is its ECN XL account, which provides spreads starting from 0 with no trading commission, a rarity in the industry.

Account Types

Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar. You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts. The broker uses an electronic communications network (ECN) and straight through processing (STP) model, which provides competitive exchange rates and real time streaming directly from top multibank liquidity providers. This type of trading model levels the playing field with more transparency and a greater degree of control over your trades. worldtradex strives to provide new and existing real clients various promotional offerings. Everything is created with the client in mind, helping to enhance their trading experience.