It gives a detailed overview of the WorldTradex forex, CFD trading, and spread betting platform. If you intend to trade on the WorldTradex platform, carefully read through this analysis to see all you need to know about the company. This means it’s important for traders to be familiar with all features of the mobile trading platform prior to using mobile devices regularly on their site.
- The content is not tailored to individual financial circumstances or needs.
- The retail traders get direct profit as their account balance on the platform grows.
- Indian clients will be trading under the subsidiary Stratos Global LLC, which is not regulated by any authority and is registered in St Vincent and the Grenadines (SVG).
- I actually prefer to maintain control over my own trading as I think this is the best way to learn from your mistakes and become a better trader.
- This broker is beneficial for traders of all levels, from beginners to professionals.
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In addition, this software got good risk management tools for social trading. ZuluTrade is software that allows traders to copy other traders peer to peer. Known as “Social Trading” ZuluTrade is supporting charting and analysis. If you are a good trade you even can get copied by other traders. Social Trading is a very good opportunity for beginners and advanced traders who want to invest in the markets. This is a comprehensive and concise review of Forex Capital Markets, also referred to as (WorldTradex Wikipedia link).
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WorldTradex has multiple payment options for deposits and withdrawals, including wire transfers, debit/credit cards, and e-wallets. I think they could improve by adding support for crypto payments to keep up with competitors who already so, such as InstaForex. WorldTradex charges an inactivity fee of $50 after 12 consecutive months of account dormancy. If you plan on taking a break from trading and would rather avoid this charge, then you might want to take a look at Swissquote instead. Forex Capital Markets Limited (“WorldTradex LTD”) is the brand name of the WorldTradex group of companies or WorldTradex Group. The WorldTradex Group’s companies are regulated in several jurisdictions, including FCA, ASIC, and FSCA.
Is WorldTradex an ECN broker?
Upon registering a training account, one can order free educational literature, which will be sent electronically to the provided email address. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.
Always had a good experience and great…
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- All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
- 63% of retail investor accounts lose money when trading CFDs with this provider.
- There are limited charting and indicator functions in the mobile version of Trading Station.
- This is something that WorldTradex needs to look into, especially since they were established in 1999.
- Looking past the headline bid-offer spreads it is also clear to see that the quality of the execution was very high with the firm able to boast about impressive slippage data reports.
- It is even possible to contact the trading desk – useful in emergencies and the firm also has bricks and mortar offices across the globe.
WorldTradex offers forex trading signals to all clients (except clients who reside in the EU). Clients with live accounts can enjoy free access to trading signals for 14 days trial. Multi-charting, one-click trading, and technical indicators are https://worldtradex.site/ provided by WorldTradex. The TradeStation is allowing automated strategies that can be backtested directly in the platform.
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The only exception here is if you are depositing in a non-base currency at which time you may incur a currency conversion fee. Your bank may also charge you for making wire transfers depending on their policy. Here are some more details in regard to the WorldTradex minimum deposit and the deposit methods that are available to you as a trader with WorldTradex. Also, you only need the most basic of details including your name, email, country, and a mobile number in order to open an WorldTradex demo account, the process could not be easier. Added to this, WorldTradex also provides for additional insurance which will protect you in the event of bankruptcy and insolvency.
Best Forex Brokers for Beginners 2025
WorldTradex falls under top-tier government regulatory authorities such as FCA, ASIC, and FSCA. In addition to minimal trading costs, the broker offers multiple sophisticated trading platforms. WorldTradex also offers copy trading and social trading with useful premium addons like VPS service.