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. To open a live account and Login worldtradex steps to follow are straightforward and easy to navigate, yet the account differences or approvals may differ based on the entity conditions. Throughout the history of operation, we haven’t seen any alerts or breaches of the regulation, making worldtradex a stable Broker as penalties may lead to loss of license or heavy fines also ruining the reputation of the Broker.

Founded in 2005, worldtradex is a well-established broker offering a wide range of trading services. It caters to a diverse audience, from beginners to more advanced traders. worldtradex provides access to over 10,000 financial instruments, covering forex pairs, stocks, indices, commodities, cryptocurrencies, and more. The broker supports trading on MetaTrader 4 and 5, cTrader, TradingView, as well as IRESS trading platform for a broader selection of assets, particularly equities.

• An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
• One feature I particularly appreciate across all platforms is the ability to maintain control with a simple click.
• It also comes with over 60 pre-installed technical indicators and access to the Metaquotes MQL5 Community.
• This is significant in getting successful trades due to the fact that charting enables you to read and understand how the market moves.

worldtradex Trading Experience Score

With spreads generally less than industry averages, the platform showed outstanding execution speeds during testing—especially during high trading hours. Users can use more than 50 technical indicators and several charting tools for in-depth study. The system increases trading flexibility by supporting several orders, including market and pending ones. Like most reputable brokers, spreads or commissions are added to every trade (depending on the account type and trading instrument), meaning worldtradex earns a small amount for every trade you make. Additionally, there are overnight fees (also known as swap rates) for open positions.

iressTrader Platform

Besides, Broker run Active Traders community and rewards traders based on Trading Volume, also may provide access to premium tools and a personalized experience. Yet, availability of programs and features depends on the enity and may be available on a temporary basis so good to check available features at the current moment. Also, the MT5 and cTrader bring one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth. worldtradex presents the strong MetaTrader 5 (MT5) platform for desktop trading that gives multi-asset traders a sophisticated and feature-rich experience. With 44 analytical charting tools, 21 timeframes, and 38+ pre-installed technical indicators among other tools and features, the MT5 platform is very remarkable.

Is the user experience at worldtradex any good?

This broker promotes fast execution, convenience, and customer satisfaction. The security of money and investment is the main concern of any trader. worldtradex claims to be a global award-winning regulated broker that traders can trust.

However, the negative balance protection feature does not include ASIC and St. Vincent clients. For the Standard account, the minimum spread starts at 1.0 pips, with no additional commission. This results in a total trading fee of approximately $10.00 per standard round lot. However, worldtradex lacks passive income options like interest on idle balances, which some competitors offer. worldtradex is a good option for both new and seasoned traders since it combines low-cost trading with an extensive range of tools and information. The broker provides a live chat tool on its website that lets customer service agents instantly assist with short questions.

Range of platforms

Through expert advisors on MT4/ MT5 platform, worldtradex also enables algorithmic trading, high level APIs and algorithmic trading available at cTrader and IRESS platforms alike. Fees are Comission at FP differ based on account offering, while Standard Account fees we find in line with Industry proposals alike. Yet, at Raw Account or commission basis account spreads are starting at 0.0 pip and commission charge is $3 per lot makingworldtradex very competitive for this account type.

Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You’ll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books. worldtradex stands out for the competitive pricing available to forex traders with its ECN account.

worldtradex Ratings and Reviews from Trustpilot:

Its compatibility with multiple devices allows trading on the go, making it a versatile choice for both novice and experienced traders. worldtradex offers a broad array of trading instruments including over 70 currency pairs (7 majors, 21 minors, and various exotics), more than 780 share CFDs, 46 ETFs, and 2 bonds. The platform also includes over 15 equity index CFDs, 8 additional index CFDs through Direct Market Access, and a variety of commodities comprising 17 metals, 5 energy products, and 7 soft commodities. Additionally, worldtradex offers 12 major and minor cryptocurrency CFDs with availability depending on the region. For Australian clients using the IRESS platform, they provide access to up to 10,000 traditional stock CFDs.

When it comes to withdrawals, worldtradex provides a seamless experience. While options like Apple Pay and Google Pay aren’t available, withdrawals are typically processed using the same method as the initial deposit. Once the entire deposit amount has been withdrawn, alternative withdrawal methods can be utilized for any remaining funds. However, keep in mind that orders made in demo mode aren’t executed in the live market, potentially giving you quicker execution times for your trades.

What we particularly like about XTB is their designated and award-winning support for each client. Also, the broker can score with very competitive spread fees and is one of the best choices if the security of your funds is a major concern for you. Before trading real money, we highly recommend getting a Demo Account first for unintentional trades. https://worldtradex.world/ In trading, you have to be aware as a trader that there is a high risk of losing your money, especially if you don’t know and understand how trading works.

Additionally, you should review the broker’s policy and terms of service. What really impresses me is the broker’s commitment to trader education. They offer innovative tools like comparative analysis and trend exploration, which greatly enhance the trading experience.

All platforms are available for download to your Windows computer or MacBook from FPMarkets.com. You may also trade through your browser or TradingView if you prefer. Steven Hatzakis is the Global Director of Online Broker Research for 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. https://worldtradex.blog/ as a Commodity Trading Advisor (CTA).