As for the deposit options you may choose between the most common ones, also request a support team to advise what is the best option for you according to your residence. A currency conversion fee will be imposed if the base currency of an worldtradex account differs from the currency denominated of the asset being traded. Although the conversion rate https://worldtradex.blog/ is competitive, overall trading expenses should take fee into account.

Lastly, reviewing Real Traders Reviews and Comments we mainly find excellent marks and regards of Brokers operation, confirming its solid background and stability along the time. worldtradex is an established Australian broker that complies operations according to the world-known Top-Tier regulation Australian Securities and Investments Commission (ASIC), learn more why trade with ASIC Brokers by the link. worldtradex has one of the best designed and comprehensive websites in the broker space. They have everything you could ever need and it is extremely well planned so you can navigate with ease. worldtradex is well-regulated as their operations are overseen by ASIC. ASIC is well regarded across the world and they are very diligent when it comes to their monitoring and supervision of those under their regulationi.

However, the payments we receive can influence the products, companies, or services we highlight and evaluate. worldtradex offers bond trading, allowing you to buy and sell corporate and government bonds. Trade bond CFDs like US 10 YR T-Note Futures and UK Long Gilt Futures on MetaTrader 4 and 5. worldtradex does not provide services to residents of the following countries. They are Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russia, Somalia, Syria, Sudan, Yemen, worldtradex USA, and any countries on the FATF and EU/UN sanctions lists. They also have been on the receiving end of many awards over the years.

  • Leverage levels offered by worldtradex depend on the entity you open an account with, since Leverage is one of the first regulated parts by every authority worldwide, see some of our findings below.
  • Yet, Copy Trading and Social Trading is available at worldtradex that may be considered as an Investment Opportunity.
  • Likewise, worldtradex Cyprus entity also applies negative balance protection to the client’s accounts, as well as participates retail accounts to the compensation scheme.
  • Jeff Anberg is a Senior Editor at BrokerNotes.co and ForexBrokers.com.
  • Additionally, 8 indices can be accessed through Direct Market Access (DMA), such as the Nasdaq 100 E-Mini, DJIA E-Mini (CBOT), Mini SPI 200, Nikkei 225 (CME), DAX Index, SPI 200, S&P 500 E-Mini and Euro Stoxx 50.
  • While the Navigator panel gives access to accounts and Expert Advisors for automatic trading, the Market Watch panel lets users follow their chosen instruments.

Four main panels—Market Watch, Navigator, Terminal, and Charts—form part of its easily navigable interface. While the Navigator panel gives access to accounts and Expert Advisors for automatic trading, Worldtradex courses scam the Market Watch panel lets users follow their chosen instruments. In addition to main fees, always consider rollover or swap rate as a trading cost, since the broker charges a small fee for the position being held overnight (longer than a day) and is defined by the instrument. Moreover, there is an option for Muslim traders to trade through a Swap-Free account, which is suitable for followers of belief and tailored according to the strictest rules.

FP Market review is a leading online broker and it offers a range of trading platforms to cater to different trader needs. worldtradex’ Raw account is designed for more experienced high-volume traders, offering commission-based trading with spreads from 0.0 pips. The $6 round-turn commission per standard lot with tight spreads may suit those who are looking to scalp or day trade. worldtradex offers highly competitive pricing through its MetaTrader and cTrader offering, making it one of the most cost-competitive brokers available to traders globally – at least for its commission-based ECN account offering. There are competitive fees, no inactivity fees, and spreads on the Raw account start from 0.0 pips.

Which Account Types Are Available with worldtradex?

Each year, we collect thousands of data points and publish tens of thousands of words of research. Also, each instrument defines its trading conditions, proposing flexible leverage throughout account settings, and requiring specific margins that you may always check through the worldtradex platform. The depth of market (DoM) view is particularly noteworthy since it helps traders grasp market liquidity. Along with other pending order forms, including sell stop limit and buy stop limit, the platform also features detachable charts and an integrated economic calendar. However, different authorities apply adjusted regulation according to its legislation and particular laws, in a result may diverge from the entity or regulator or another. Likewise, worldtradex Cyprus entity also applies negative balance protection to the client’s accounts, as well as participates retail accounts to the compensation scheme.

Forex Risk Disclaimer

So always make sure to learn better under which entity you trade and what protection conditions and privacy policy applicable to you. The fees and commission at worldtradex changes depending on what type of account you are signed up to. For example, for a non-leveraged CFD share you will be paying a 0.8% commission and 0.11% for the purchase of a new share. The broker maintains client funds in segregated accounts, protecting them from operational risks.

worldtradex clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. Demo accounts are available and are initially set to expire after 30 days of inactivity. However, they can remain active indefinitely as long as the account is regularly utilized. Additionally, they use STP (Straight-Through Processing), routing orders directly to liquidity providers without a dealing desk. Standard Lot is 100,000 units of the base currency displayed as 1.0, Mini Lot is 10,000 units of the base currency displayed as 0.10 and Micro Lot is 1,000 units of the base currency displayed as 0.01. Over 780 share CFDs on MT4 and MT5 which include 17 shares on the UK Exchange, 123 shares on the European Exchanges, 433 shares on the US Exchanges, 105 shares on the Hong Kong Exchange, and 105 shares on the Australian Exchange.

Together, the platforms available cover a variety of trading styles and levels of experience. They offer 12 cryptocurrency CFDs including the major cryptocurrencies such Bitcoin, Ethereum, Ripple etc. The name on your trading account must be the same as the name on your payment method to comply with anti-money laundering (AML) regulations. Share accounts through IRESS require a minimum deposit of $1,000 AUD. With worldtradex, you can open an account in one of 13 local currencies. If possible, open an account in your currency to avoid unnecessary currency conversion fees.

Account Types and Benefits

They have over 600 other CFDs you can trade that have a max margin of 50%. You can get access to 355 share CFDs that are trading with less than 20% margin. In all, there are more than 10,000 different financial products for you to choose from, ranging from indices, equities and commodities. worldtradex is a global broker that started in Sydney, Australia in 2005. They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements. These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya).

Mobile trading apps

worldtradex are regulated by tier 1 authorities including ASIC (286354) and CySEC (371/18). In addition, worldtradex offer both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. However, most payment methods typically have a minimum withdrawal amount ranging between $5 USD and $50 USD. The withdrawal amount will need to be the same amount as your deposit and via the same withdrawal method. Once deposits have been withdrawn, you can use an alternative method to withdraw profits. The choice of payment methods depends on the company that you open an account with, and your country of residence.

  • With 44 analytical charting tools, 21 timeframes, and 38+ pre-installed technical indicators among other tools and features, the MT5 platform is very remarkable.
  • It was only launched at the start of 2017 and it is a direct replacement for their previous software that was known as Iresstrader.
  • If you are a seasoned professional or just starting, worldtradex offers a comprehensive trading experience that includes competitive spreads and fast execution, diverse payment methods, comprehensive education, and training resources.
  • Lastly, reviewing Real Traders Reviews and Comments we mainly find excellent marks and regards of Brokers operation, confirming its solid background and stability along the time.

worldtradex account types

worldtradex may require additional documentation or verification steps before processing a withdrawal. We transferred funds from the account back to our debit card, and it was completed in under 24 hours. There is a minimum deposit of $100 AUD (or equivalent) for Standard and Raw Accounts. Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts are also available. Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.

If an worldtradex account stays inactive for more than twelve months, a $50 inactivity charge could be assessed. An account is deemed inactive if the account holder has not made a trade or logged in during this period. Throughout the history of operation, we haven’t seen any alerts or breaches of the regulation, making worldtradex a stable Broker as penalties may lead to loss of license or heavy fines also ruining the reputation of the Broker.

Testing worldtradex’s Customer Support

With a solid foundation in low-cost trading and continuous improvements in services and platforms, worldtradex continues to be a preferred choice for traders globally. For traders who must remain linked to the markets, the app’s quick execution and easy UI are invaluable tools. FP Market forex broker, a leading provider in the industry, offers competitive trading conditions, reliable services, and access to an economic calendar.

We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Overall, we found Broker worldtradex as one of the most awarded CFD and FX trading providers with a good quality trading environment. worldtradex established direct access to markets through well maintained technology and provides a wide range of instruments to trade with competitive pricing and an excellent selection of trading platforms suitable for various styles.

IRESS is valued by active stock traders for its Direct Market Access (DMA) to global exchanges making it well-suited for equity and share trading. It is tailored towards experienced traders due to its extensive features and higher costs​. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals.

worldtradex emphasizes trader education by offering free webinars, trading guides, and daily market analysis to help users make informed decisions. This focus on educational resources is particularly useful for those aiming to refine their trading strategies and knowledge. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. worldtradex also earned Best in Class honors for Commissions and Fees in our 2025 Annual Awards. It’s worth noting that worldtradex’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform.