Buddy, I’m sure you can get hundreds of answers to this question from worldtradex customers and each one will have unique meaning.I have standard account here. And I mainly trade EURUSD, USDCAD, AUDUSD and GBPUSD currency pairs.Of course, narrowest spreads were on EURUSD currency pair. https://worldtradex.space/ This was during a period of low volatility.But I know that spreads are narrow if you have more advanced trading account.And a lot depends on type of financial instrument. Hello Ciro V.,We are so grateful that you took the time to write this excellent review!

The availability of more than one perspective is advantageous to the trader, who can compare the different vantage points. There is also a lack of a news screener, which traders usually use to stay on top of the latest market developments. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

• While ForexBrokers.org has some data verified by industry participants, it can vary from time to time.
• I also think that they managed to release a well-doing tradecopier service and while they don’t have too many services, all the products in the cpmpany are on a good level.
• With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, worldtradex caters to the needs of both beginners and seasoned professionals.
• As much as I think it is secondary to the quality of execution, I enjoy having all of these features in one place.
• It`s like shopping, you consistently look for lower prices and discounts😂 the same situation in trading, the lower spreads, the better outcome you can get.

IC Markets Review 2023

While no trading platform is entirely risk-free, worldtradex’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for traders. worldtradex offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into worldtradex’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. In my estimation, worldtradex’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay. The webinars are geared towards beginners, intermediate-level, and advanced traders.

What can you say about the broker’s webinars?

Its content is diverse and provides a basic explanation of current market trends and developments. However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective. worldtradex does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply. The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade. Established in 2021, worldtradex is an emerging CFD broker based and regulated in Seychelles, serving traders globally.

The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal. However, it’s https://worldtradex.pro/ essential to note the regulatory limitations that may restrict access for certain traders based on their location. worldtradex, established in 2018, is a well-regarded online trading platform, regulated and authorized by the Seychelles Financial Services Authority. worldtradex boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility. I`ve been trading with worldtradex broker and for now, I didn`t doubt whether I`d made a correct decision.

However, it’s essential to recognize that while worldtradex’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers. Traders with highly specific investment preferences might find more tailored options elsewhere. Your account should reflect your goals, needs, and ambitions on the market.

worldtradex’s Desktop MetaTrader 4 Platform

However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4. At least when it comes to executing penetrating technical analysis. Pal, you are missing a lot if you haven’t followed it yet. I recommend giving it a try.For me, this is the perfect way to stay connected with the latest market news and hot topics.

worldtradex has a single subsidiary – Tradeco Limited – which is authorized in Seychelles by the local regulatory body. According to our system, the FSA Seychelles is a Tier-3 offshore regulator, which mandates compliance with some of the essential safety mechanisms. I determined that worldtradex is generally transparent. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

My tests indicate that worldtradex’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading. worldtradex broker as well as other credible brokers are very serious about the protection of personal info. Dear users,This review was not submitted by a verified client of worldtradex and seems to be an attempt to damage our reputation. Trustpilot is a trusted platform, and we believe in the importance of honest and accurate reviews.Kind regards,worldtradex ⚡️Empowering traders. I invested some money knowing it was a risk, as all trading is.

That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. I performed my tests on a Standard worldtradex trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with. worldtradex and its services are generally geared towards copy trading.