Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs.
Those following Sharia law and wanting to minimize overnight expenses will benefit from this option. The worldtradex Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0. The worldtradex Cent account provides access to Forex and gold trading, and features trading in Cent lots, where the minimum trading size available here equals 0.01 cent lots, or 10 currency units.
How Competitive Are worldtradex Fees?
It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies. For CFD trading, worldtradex offers a wide range of assets and has been recognized for its excellent trading conditions. Once you are ready or decided to start Live Trading you can submit for a Live account to follow worldtradex Login where Broker asks you for confirmation of documents including identity, residency and other proof before you start. In both cases, you will get access to myworldtradex client area where you can manage all your accounts and finances.
worldtradex excels in Forex trading, offering a broad range of over 50 Forex pairs with competitive conditions like low spreads and reasonable commissions. It’s also suitable for day trading and scalping, providing favourable spreads and fast execution times. The live chat feature turned out to be the fastest during our testing; representatives usually answered in one to two minutes. The delegates were informed and able to succinctly and effectively address inquiries on account setup, platform features, and fee policies. Actually, we find worldtradex provides support in 27 languages which is an impressive number that covers almost all world most used languages, and allowing traders from almost any country to join trading and get quality support.
worldtradex Top Up Account
He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. The worldtradex Pro account is specifically designed for experienced traders, offering ultra-low spreads and no commissions under the regulation of the Financial Services Authority (FSA) of Seychelles. The worldtradex Premium account supports multiple trading platforms, including MT4, MT5, and the worldtradex App.
- He is an expert in Compliance and Security Policies for consumer protection in this sector.
- While the Zero Spread account’s spreads start at 0 pip with interbank quotes and trading charges built into comission.
- The points to markup are over eighty technical indicators and twenty-one distinct timeframes, enabling thorough market research.
- Compared to its predecessor, MT5 covers a larger spectrum of financial products by its basic settings, yet at worldtradex we findrange of tradable instruments similar across all its platforms.
68% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd. Both worldtradex PAMM account types operate exclusively with USD as the base currency and require a minimum deposit set at $250. Traders can utilise MT4, MT5, and the worldtradex App trading platforms with the worldtradex Top Up account. Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law.
Markets
Making a deposit does not incur fees; deposits are handled within up to ten minutes. Popular among traders for its easy-to-use interface and incredible capability, worldtradex provides the MetaTrader 4 (MT4) platform as a choice for its traders. The MT4 platform shows excellent trading features during testing with over 50 technical indicators, sophisticated charting tools, and adjustable trading options. Expert Advisors (EAs) let traders apply automated trading techniques, enabling effective trade execution depending on predefined criteria. A web trading platform available from worldtradex gives traders a convenient interface.
The worldtradex standard account, called worldtradex Premium Account, charges spreads from 1.4 pips. In other words, for every trade it charges $14 which is 40% higher than the industry standard. Cent account includes transactions and balances in USD cents, with a minimum deposit requirement of $0. While trading with worldtradex Forex we found available fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size.
We do not present any investment advice or guarantees for the accuracy and reliability of the information. For Research worldtradex provides an excellent range of analytical and research tools. This includes Analytical Objects, Economic Calendar, various Trading tools included into the platform, which we find quite comprehensive and on good level. Support from all sources was consistently good, with professional and kind agents patiently resolving questions. Furthermore, worldtradex’s website includes thorough FAQ sections and instructional resources, enabling users to address problems independently.
Does worldtradex provide educational tools?
Particularly with its Zero Spread account, which allows raw spreads starting from 0.0 pips, worldtradex offers economical trading fees. Also, there is a truly remarkable education section suitable for beginning traders and one of the best ranges our financial experts saw of webinars and seminars performed globally. The worldtradex Zero account offers spreads starting from 0 pips, https://worldtradex.pro/ with a trading volume commission of $6/lot round turn, which is 14% cheaper than the industry standard commission of $7/lot. The worldtradex Cent account offers spreads starting from 1.4 pips, which is 40% higher than the industry standard of 1 pip, and no attached trading volume commissions. However, in the context of Cent Accounts, worldtradex’s spreads are more competitive than its competitors.
For the funds protection, which is an important part of the regulated broker, HF Markets (Europe) Ltd. is a member of the Cyprus Investor Compensation Fund. The HF Markets WebTerminals are cutting-edge, user-friendly trading platforms that allow efficient trading directly from your web browser, without the need of downloading any additional software. Available on desktop, mobile and through the worldtradex App, the myHF area is an all-in-one account managementsolution and a virtual gateway to all the services offered by HF Markets. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity.
For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip. However, https://worldtradex.club/ it should be noted that PAMM accounts generally have higher spreads than normal accounts. Investigating worldtradex’s tradable assets exposes a broad spectrum of financial instruments that fit different trading approaches and preferences. With access to various markets including forex pairs, traders can engage in broad currency trading, creating opportunities in both main and exotic markets. There is good range of CFDs on metals, commodities, and energies bringing more ways for speculation of price movement without holding the underlying assets but speculating on the price fluctuation only. worldtradex offers access to the MetaTrader 5 (MT5) platform as one of the platforms available for its clients, improving the trading environment and selection between software.
Designed for Android and iOS smartphones, the app offers a flawless trading experience with tools that improve accessibility and utility. MobileTrader showed an easy interface during testing that lets users quickly move between trading options and market data. The ability to see up to 100 charts concurrently improves analytical opportunities; besides the platform’s better order management features help traders execute trades smoothly.