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Beginners can stick to the regular version of MT4, the WebTrader, or the mobile version. The MT4 Advanced platform will be the choice of advanced traders who want these enhanced charting tools, which include the built-in EA ability, automated strategies, live monitors, and more. The Personal Multi-Account Manager is also highly advanced, making it possible to trade several MT4 accounts at the same time and offer the same advanced charting tools.

Can I Cancel An Instant Order Request At worldtradex?

On the positive side, deposits and withdrawals are free, and the broker’s inactivity fee is relatively low. worldtradex is one of the few brokers that offer traders the flexibility to choose between fixed and floating spread accounts. Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads. In addition, leverage for trading currency pairs is quite large. And thirdly, broker provides a wide range of financial instruments, including currency pairs. worldtradex offers Metatrader 4 and 5 but no dedicated or proprietary trading platform.

The mobile offering also comes with the worldtradex Research app which gives users an overview of the financial markets and major news events. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management.

The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account. Time has passed super quick;y, I still rememebr the day I signed up, I grew a lot since then, as a trader. worldtradex also offers a Demo Account, and in the past a Cashback Account, which unfortunately is no longer available. It’s worth noting that Trustpilot has detected and removed some fake reviews for worldtradex, indicating they take review integrity seriously. As with any broker, it’s advisable to conduct thorough due diligence before opening an account.

Can I Use Expert Advisors At worldtradex?

For those looking to test trading strategies, worldtradex also offers Cent accounts. They are ideal for algorithmic testing, allowing traders to evaluate strategy performance in a real-world trading environment while minimizing potential losses. Phone support is only available to active clients with their account managers. After conducting a series of tests, I concluded that worldtradex’s multilingual customer support is fast and reliable.

Trade on MT4 gain the competitive edge you want

Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. If you need help, just contact our customer support at   or use the live chat in the bottom-right corner. Broker research materials have been neglected, generating the biggest black mark in our review.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.

What Sets worldtradex Apart?

Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position scammed by Worldtradex open overnight. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

• worldtradex customers can choose from a good range of deposit and withdrawal methods.
• The range of MT4 platforms supported by worldtradex allows this platform to appeal to traders of all skill levels.
• Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.
• worldtradex offers Islamic accounts for swap-free trading under Shariah law.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. worldtradex uses standard security features to keep clients’ personal information secure, including website encryption. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. Mobile users benefit from total trade management without having to sacrifice functionality.

Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Tempting trading conditionsHowever, my attention to worldtradex was captivated by its outstanding reputation with traders. The trading platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind.

• The broker also provides copy trading solutions through its TradeCopier service and VPS hosting for low-latency trading.
• Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.
• The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
• worldtradex’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices.

Trading according to the market analysis has really helped me increase my profit, for sure worldtradex is really the main deal!! This average customer rating is based on 21 worldtradex customer reviews submitted by our visitors. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. Payments typically take up to 24 hours, though wire transfers may take up to five business days.

Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”

We are implementing the latest technologies to ensure the transparency, security and rapid execution of the account funding procedure. Fill in the information below and start exploring trading opportunities.

It’s been a wonderful one year trading here and it’s always felt very peaceful and smooth. This platform is stable and support has been helpful every time I have reached out. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.