For traders looking to enter the rapidly growing world of digital currencies, worldtradex provides access to popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins. With the high volatility of the crypto market, worldtradex offers advanced risk management tools to help traders manage their exposure. The broker also provides educational resources to guide traders in navigating the complexities of cryptocurrency trading. The range of trading instruments allows it to appeal to most traders as do the support for all types of the MetaTrader 4 platform.

Demo Accounts

Payments typically take up to 24 hours, though wire transfers may take up to five business days. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). Traders can use the free MT4 download to install the platform on desktop devices, including Mac. worldtradex opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa.

The blog is where you can access more articles and opinion pieces to get a broader perspective on what is driving the market. Materials in the website’s blog section are written in support of the rest of the technical and fundamental content. Live news feed helps https://worldtradex.blog/ traders stay on top of the latest market developments.

Support

The clear advantage of this model of execution is that with it, you are guaranteed entry, in that your order request will eventually be filled once there is enough liquidity. However, the corresponding disadvantage is that you are exposed to price discrepancies in the form of negative slippage. I received a rather terse explanation that worldtradex averages speeds of under 50 milliseconds on most orders, without any further context. I had expected to learn more about the total number of trades that were tested over the previous year, the percentages of trades that resulted in positive and negative slippage, etc.

Those who are not fond of MT4 for some reason will not want to use worldtradex since this is the only supported platform, but most traders should be very happy with its offerings. Beginners will appreciate the worldtradex Academy with its educational materials while even advanced traders can benefit from seminars and webinars. The range of MT4 platforms supported by worldtradex allows this platform to appeal to traders of all skill levels.

• I learned that worldtradex does not charge a handling fee on deposits or withdrawals, though there are exceptions.
• A standout feature is the low trading fees available in the Absolute Zero account type, which offers raw spreads from 0.0 pips and minimal commissions.
• worldtradex, founded in 2010, offers a range of forex and CFD trading options.
• Some clients may find the online payment processors more convenient and faster.
• It also incorporates the sophisticated TradingCentral service, which is a comprehensive market research tool.

What Can You Trade With worldtradex?

It offers stable and fast execution of trades in Forex, Crypto CFDs, Commodities, and Indices. Our editors independently research and recommend the best products and services. You can learn more about ourindependent review https://worldtradex.site/ processand partners in ouradvertiser disclosure. Notesco Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). One thing in particular I like that sets worldtradex apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities.

MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. worldtradex offers comprehensive customer support services available 24/5 in a wide range of languages, including Arabic, Chinese, English, French, German, Spanish, Russian, Persian, and many more. This ensures that traders from diverse regions can receive assistance in their native language. The platform features a detailed FAQ section that addresses the most common queries, making it a useful resource for quick answers.

Accounts Comparison

We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Fasapay has a transaction limit of $5,000 with a withdrawal fee of 0.5 percent (up to $5). China Union has a transaction limit of 360,000 CNY with a withdrawal fee of 20 CNY. Finally, you can make a deposit via mail or over the phone without a fee.

Why is it Important to Know Where Your Broker’s Subsidiaries are Regulated?

If you are looking for a reliable trading broker with everything that you need in once place and much more, worldtradex are a top choice. Founded in 2010, worldtradex has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, worldtradex is regulated by top authorities, including the FCA and FSCA.

The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules. They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, worldtradex announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. worldtradex continues to expand its global reach and offers services in many other countries, including Canada (with specific regulations) and select jurisdictions in the Caribbean. The broker remains committed to providing secure and accessible trading opportunities to clients in regions where forex and CFD trading is permitted.

Deposits and withdrawals with Skrill cannot exceed $50,000, and withdrawal fees stand at 1 percent (up to $10,000). Neteller has the same withdrawal limit but a fee of 2 percent (up to $30 but a minimum of $1). worldtradex also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Each demo account imitates real trading conditions, the only difference is virtual money is used. worldtradex’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Rates, terms, products and services on third-party websites are subject to change without notice.