The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. Forex trading fees work using spreads to eliminate additional commissions or fees.

Forex Assets

In essence, worldtradex has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify worldtradex’s reputation in the financial trading space. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. If you leave your account unused over a long period, worldtradex will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions.

Indices trading on worldtradex

There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the https://worldtradex.bid/ robo-advisor provide advice and services.

Forex & CFD Standard

The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts. The worldtradex minimum deposit amount to open an account is $100. However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500.

There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading.

Tradier Review 2025

The broker provides access to trading major, minor, and exotic currency pairs. Based on our tests, worldtradex is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs. We score and compare forex brokers in more than 15 categories.

worldtradex offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies. The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. On the downside, the minimum investment is fairly high at $500. Also, similar to the copy trading service, there is no guarantee you will make a profit.

In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA). The discount broker is also a member of the Securities Investor Protection Corporation (SIPC) that insures the investor funds deposited with worldtradex for up to $500,000. The discount broker further provides limited ETF-related educational and research reports. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm.

  • Unlike most other trading products listed here, futures and futures options trading are lightly covered in the broker’s educational resources and research reports.
  • It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options.
  • We aren’t impressed with the additional trading features available.
  • Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently.
  • Just choose the course level that you’re most interested in and get started on the right path now.

Comparing worldtradex fees with other brokers

  • Therefore, any trader style should find a suitable platform among the choices.
  • Our evaluation of worldtradex shows there are limited trading promotions for retail traders.
  • Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2.
  • There are no minimum deposit or withdrawal limits for bank wire transfers.
  • UK investors can access a range of deposit methods to fund their worldtradex accounts, including traditional payment solutions and cryptos.

In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts. worldtradex provides access to a free demo account that facilitates risk-free investing practice. The sign-up process for the demo account is much faster than the live account registration. MetaTrader and CQG have intuitive mobile apps that worldtradex clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world.

worldtradex has won 6 prestigious awards, offering excellent services to over 155,000 users. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Our only minor complaints are the subpar education, research and copy trading application. It is worth noting that worldtradex has a margin call of 100% and a stop-out level that is triggered when your account falls below 50% of the required margin. Transfers in from one account – say the IRA – to the account are free.

For those inclined toward commodities, worldtradex provides a diverse asset range, including agricultural and non-agricultural securities. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. worldtradex processes withdrawals within 24 hours of the request being made.

Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website.

We will make sure to update our articles with the latest offerings of the broker. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. Overnight funding fees and other transaction charges, require detailed understanding on the worldtradex platform. Doing so will help you know how the fees work and how to apply them.

If you’re an experienced active day trader, you may find that worldtradex has better rates than your current broker. Other things to consider include the interest Worldtradex website they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. worldtradex provides a free, web-based platform that’s more advanced than most brokerage platforms.