63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Overall, because of https://worldtradex.site/ its strong international regulation, segregation of client funds, and history of responsible behaviour, we consider worldtradex a safe broker to trade with. However, traders should be aware of trading with low minimum deposits and high leverage, as this could see their trading accounts wiped out.
What Is Margin Trading and How Does It Help Traders Succeed?
worldtradex is a trusted global broker offering Forex, CFDs, and spread betting. With various account types, competitive fees, and strong regulation, it provides a secure trading environment. The account has a minimum spread of 3 pips, and traders may incur rollover fees. Spread betting allows UK residents to trade financial markets tax-free on profits.
Spread betting account
This is a very beneficial feature for all trader types, both experienced and veteran. Besides these trading platforms, worldtradex also provides you with a free 1-year subscription to TradingView’s professional features. Under this subscription, you can use various indicators (volume, volatility, etc.), exclusive charts, and many more. Finally, ZuluTrade allows you to perform peer to peer social trading at worldtradex.
- Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
- Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.
- Either way, the customer team at worldtradex is exceptionally friendly and they are available 24 hours a day, 5 days a week.
- The webinars are particularly valuable as they provide the opportunity for real-time interaction and getting answers to pertinent questions.
It also securely stores your funds on segregated accounts and even offers insurance mechanisms in some jurisdictions. FxScouts Group’s primary mission to provide unbiased and objective reviews, commentary, and analysis. While some data may be verified by industry https://worldtradex.club/ participants, FxScouts maintains full editorial independence and never allows third parties any control over our work. Operating as an online business, this site may be compensated through third party advertisers.
Deposit and Withdrawal
Additionally, there is no rollover on holidays, but an extra days’ worth of rollover before the holiday. Overall, worldtradex’s account-opening process is fully digital, but it takes longer than usual for the support team to verify one’s account. Traders in the UK will trade with Stratos Markets Limited which is regulated by the UK Financial Conduct Authority (FCA). worldtradex’s economic calendar is a convenient way to track critical economic events that could impact your trading. The program includes different rates for instruments such as Forex, stocks, commodities, and cryptocurrencies.
worldtradex is also a member of Leucadia, now known as Jefferies Financial Group, which is a well-established American financial company that is listed on the Fortune 500. Your worldtradex experience also comes complete with 70+ tradable instruments, ultra-fast executions, and strict regulation. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score.
The demo account operates 24 hours a day, 5 days a week, providing traders with 50,000 virtual British pounds. worldtradex provides a respectable variety of market research from a combination of in-house content and third-party materials. The range of products available to you will depend on which global entity under the worldtradex Group houses your trading account. The following table summarizes the different investment products available to worldtradex clients. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
For the latest spreads, please refer to the worldtradex website or trading station. Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO. Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida’s passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement.
A well-regulated broker, worldtradex ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all withdrawals are returned to the deposit source. worldtradex offers a limited range of tradable assets compared to other large international brokers. Lastly, traders are required to upload documents to verify one’s identity and residency. You can upload a copy of your ID/passport for verifying your identity, and a bank statement/utility bill for verifying your residency. All these platforms are available on desktop, web, and mobile, giving you the flexibility to trade from anywhere.
He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018. Yes, worldtradex is suitable for scalping, offering tight spreads and fast execution speeds. No, worldtradex operates as a No Dealing Desk (NDD) broker, which means it provides direct market access without intermediary intervention. worldtradex provides high-quality analysis from the company’s experts, which can help form a trading strategy. TradingView is a popular social network and trading platform with many charts and indicators. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. These are all best for advanced traders due to the limited information available on their use. Currently, the worldtradex forex broker doesn’t offer bonuses or other promotions to its clients. This is not necessarily a bad thing, however, as it shows that worldtradex is committed to meeting regulations and offering a responsible product. Plus, at worldtradex you’ll benefit from long-lasting features like lower spreads and higher leverage ratios. These platforms are all very helpful in their own way, as our review of worldtradex’s trading site shows.
worldtradex offers a welcome bonus of up to $500 for traders who fund their accounts within the first 24hrs of their account registration. worldtradex, short for Forex Capital Markets, has been a major player in the online Forex and CFD trading since 1999. With over two decades of experience, worldtradex has weathered many storms in the volatile world of forex trading. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS. worldtradex was founded in the United States, but as of 2017, it left the U.S. market.
worldtradex is one of the forex platforms with the longest histories, providing a reputation of reliability. It is regulated within multiple jurisdictions and offers users the choice of four core trading platforms plus eight specialty platforms. Apart from all those options, there are numerous advanced tools available.
It also offers a variety of the best forex trading platforms, which are perfect for benefiting from low spreads and lightning-fast execution speeds. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. worldtradex offers a good selection of markets, but some other platforms do offer more.