You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. worldtradex has unusually competitive dealing spreads that you can gauge by opening a free demo account. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. worldtradex’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades.

This restriction emphasizes knowing one’s trading tastes before deciding on worldtradex as a broker. worldtradex Forex trading platforms, are based on highly regarded MetaTrader4 and MetaTrader5 in fact like many ECN brokers. As we find at worldtradex Account offerings there are two ECN accounts offered which differ by the level of trading size, experience, and particular demands. The most popular and widely used worldtradex ECN XL Account features extra benefits of zero swaps, commissions, or mark-ups, or might be fully tailored solution for active traders or those who operate bigger sizes. Yet, as we notice ECN Promo account is currently unavailable for signing so mainly worldtradex Login to ECN XL is available. What is also great, worldtradex used technology to provide efficient and transparent pricing with the most possible low spreads.

• worldtradex’s ECN/STP model provides professionals, active traders, hedge fund managers and corporate clients with access to real time streaming and competitive prices directly from leading multibank liquidity providers.
• The broker also has a live chat service and an online form you can fill out, as well as a support email address, fax and phone number.
• We do not provide financial advice, offer or make solicitation of any investments.
• MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies.

This Week: Markets rattle as tariff war fears escalate

MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies. MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. Yes, worldtradex is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is considered a low-risk trading broker.

• worldtradex now offers trading in currency pairs, commodities, indices and cryptocurrencies.
• worldtradex provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills.
• Client trades are made on prices provided to worldtradex by its liquidity providers.
• As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders.
• worldtradex operates on a spread-only model, with spreads starting as low as 0 on major currency pairs.
• Instead, you can select a professional trader with a solid track record and start copying trades in return for a small commission to the manager.

Simple and Streamlined Process

worldtradex offers software that can be downloaded for PC, used as a mobile app for trading on the go, and includes a Multi-Terminal for managing multiple accounts at once. All worldtradex clients can access free trading tools through the Traders Hub, which provides various helpful features. These tools include VPS, SMS notifications, EAs, technical analysis, and trading tools.

How to open worldtradex Demo Account?

Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client. You will be able to take advantage of the ECN/STP model of forex trading we helped to pioneer. Whatever your level of trading experience or demands, we believe we have the right account for you.

Keep reading our worldtradex review to find out if this broker would be appropriate for your needs. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. worldtradex’s ‘No Dealing Desk’ execution model comes with no dealer intervention and no re-quotes.

Standout Features for Traders

After testing the app, it turned out that it provides real-time market access, sophisticated charting tools, and a range of technical indicators, among other basic capabilities. Benefiting from the same competitive spreads and execution speeds on the desktop platform, users may efficiently execute trades with only a few taps. Especially the MT5 mobile app stands out for its sophisticated tools and efficient solutions. worldtradex is a regulated broker offering diverse Worldtradex courses scam trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, worldtradex provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options.

The protection of the client’s investments is provided in multiple ways according to the regulatory requirements and setter rules, yet always depends on the particular jurisdiction. Alike European regulation is way more strict and applies various rules, which apart from the segregation of the clients’ funds at all times, management and control of each type of risk complies to a number of rules. Traded here for a while initially on demo, then traded couple of months on a live account. Everything was okay, yeah sometimes I made fatal mistakes, but as I learned, traders should never give up, so do I.

worldtradex’s ECN/STP model provides professionals, active traders, hedge fund managers and corporate clients with access to real time streaming and competitive prices directly from leading multibank liquidity providers. According to BIS (the bank for international settlements) the FX market is responsible for circa $6.6 trillion of turnover each trading day. The major international banks and financial institutions are responsible for the majority of this turnover. Through worldtradex and its ECN – STP model, clients can access this market in order to trade up to 28 currency pairs, from the recognised major currency pairs through to the minor and most exotic.

Versatile Broker with Competitive Spreads

worldtradex provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies. While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. worldtradex provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features. The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders.

Clients can find the provision in the Investment Services General Conditions PDF. worldtradex has a clean regulatory track record and established itself as a secure and trustworthy broker. However, worldtradex does not provide ETFs or stock trading, also the range is rather with popular products in asset classes, thus reducing options for people looking for equity investments. Overall, even if worldtradex offers a fine selection of products for forex and CFD traders, yet the lack of advanced range may discourage those investors seeking a more all-around portfolio and larger portfolios.

I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law. However, this is not a unique feature and something that you will find most brokers provide nowadays. On the other hand, if you already have some experience then I don’t think you will learn anything new. They also do not have frequently updated market analysis which could help gives us some further market insights. If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. However, the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform.

You get free access to the MT4 trading platforms along with educational materials and useful trading tools to enhance your trading experience further. worldtradex offers excellent customer support available 24/5 through email, Live Chat, and international phone calls. Support is provided in multiple languages, ensuring clients from around the world receive quality assistance. After reviewing worldtradex, we find that the company offers trading with the STP/ECN model and quotes directly from liquidity providers. They have created different types of accounts with various features and minimum deposit requirements, making it easy for traders of all levels to get started.

MT5 includes excellent analytical tools, deep insights into each instrument through 21 available timeframes, and access to a wide range of technical indicators, charts, and graphs. In addition, the worldtradex’s MT5 platform includes trading alerts, an in-built economic calendar, and the MQL5 programming language to build custom tools and trading robots. The platform is available for PC, macOS, Android, and iOS, enabling better accessibility for traders. Particularly attractive to cost-conscious traders, worldtradex is a broker with a good reputation and large trading community with quite high scores on performance.

Serving both beginner and experienced traders, worldtradex has a variety of instructional materials meant to improve traders’ knowledge and skills. Basic e-books, educational articles, and a dictionary of key trading terms—which act as fundamental tools for understanding market dynamics—are available through the broker. Although the training materials are valuable, they are minimal compared to more all-encompassing offers from top brokers. worldtradex also includes demo accounts so users may hone their trading techniques free from financial risk. This helpful method enables traders to put their expertise into use in actual market environments.