Overall, I think it is fair to say that the costs are quite low, although you can get $4 per round trip and 0.0 pip spreads from FXTRADING.com. The content on this site encompasses general news, our analyses, opinions, and material from third-party sources, all designed for educational and research aims. It is not meant as direct advice or a prompt to undertake any specific action, including investments or purchases. Before making financial decisions, we urge you to conduct thorough research, exercise personal judgment, and consult with professionals.
How to Trade with WorldTradex?
There are three tiers, with the minimum bonus being 25 USD and the most being 200 USD (which will need you to deposit 5,000 USD minimum). Lastly is the “learn forex” page, where you will get a brief overview of what forex is. There is nothing special about this page, and it barely covers the basics, if that. It is more of a platform tutorial showing users how to buy and sell using Trading Station. The next step is to fill out your employment status as well as your trading experience.
- The signals provide clear entry and exit market recommendations, with predefined stop-loss and take-profit levels.
- WorldTradex offers a demo account that is loaded with 5000 USD in virtual money and expires after 30 days of inactivity.
- The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base.
- This includes major, minor, and exotic currency pairs as well as some forex baskets like the JPYBASKET which is a Yen index.
- You should note that if you deposit in, or withdraw to a different currency than these with your payment method, you will incur a small conversion fee.
- The market scanner will then give you the five strongest signals based on your preferences.
Trading Accounts
This tool tells you about market sentiment and volatility across different trading instruments. It can be a useful tool to help gauge in which direction the market may be heading. In terms of depositing methods, you can expect your very basic and typical methods, including debit/credit cards, e-wallets, crypto, and bank transfers. There is not much in the way of trading resources and only a signup bonus for special promotions.
Mobile trading apps
You will also have access to a huge range of charting tools and indicators as well as the ability to auto trade and employ strategies through the EAs feature. Here we will take a more detailed look at exactly which trading platforms are available when you are trading at WorldTradex on both desktop and mobile. When it comes to trading techniques, WorldTradex is very open in what is allowed. They are a very algo-friendly broker who provide for a range of extra tools to accommodate algo traders.
IC Markets Global
It is packed with an abundance of tools for analysing the charts. You will find the platform is easy to navigate, with everything you need for manual and automated trading at your fingertips. There are thousands of additional tools and apps that provide new functionality to the platform which you can find in the marketplace directly from within the platform. WorldTradex does not impose any restrictions on traders’ usage of the MT4. It is accessible as a downloaded Windows desktop programme as well as a mobile trading app for iOS and Android smartphones.
- You can even develop your own if you have the programming skills to do so, or hire a freelancer to bring your strategy to life.
- The ForexConnect API offers the same functionality that is available on the powerful WorldTradex Trading Station.
- On this page, you will also find a step-by-step guide on how to deposit funds.
- The Mini account is designed for beginners and functions as a Forex cent account.
- This one-of-a-kind relationship and platform enables you to execute code-free strategy automation just by inputting your concept.
Powered by ZuluTrade, a leading social trading platforms, WorldTradex gives you direct access to view and copy the trading strategies of others. You can join the thousands of people who now trade in this hassle-free way with this broker. Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy. You can check the performance of your portfolio and individual Traders inside ZuluTrade platform.
Fees & Commissions
To convert your current account to an Islamic one, you must fill out a particular form on the broker’s website. This option makes WorldTradex an attractive choice for traders who follow the principles of Islamic banking. Upon registering a training account, one can order free educational literature, which will be sent electronically to the provided email address. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over https://worldtradex.world/ 20 years of experience when it comes to trading online so we know what to look for.
