worldtradex Trading Platforms, Commission, Leverage, Features & more

It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. There are no minimum deposit or withdrawal limits for bank wire transfers.

worldtradex Lower trading fees

• It usually takes five business days, along with an ACH activation form.
• The transferring of the fund in the case of non-US countries may take one to two business days.
• worldtradex offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans.
• Owning to work being paperless, postage charges, too, are not charged.

In essence, worldtradex has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify worldtradex’s reputation in the financial trading space. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.

Other platforms for trading include Sterling Trader Pro, which has option tools and shows real-time market data as well. This is browser-based, but nevertheless incorporates some powerful features. There is also a trade ticket, which offers market and limit orders on close. The duration of an order can be set to day, GTC, or extended hours. worldtradex offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot.

worldtradex futures and futures options review

The second one gives protection to securities and the cash in the brokerage account up to $500000. With customizable charts and real-time data streaming, it is browser-based. Although going with the name, it has fewer features, and it’s useful for someone trading from charts.

Steering Through The Financial Waters with Expertise

• This browser-based platform has some powerful features which are similar to level II data.
• Each account has a different requirement applying to them and requires different minimum balances for their maintenance and working.
• It can be expanded, or you can simply click on the ‘Chart’ tab, where a large one already is set up.
• That said, if you are trading that kind of volume, you may prefer a broker that caters specifically to options traders, like TastyWorks.
• Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders.

No fee is leviable in building such an association, neither any action linked to ACH deposit, withdrawal, activation requires any fund. Owning to work being paperless, postage charges, too, are not charged. The traders and clients of worldtradex can use the mobile platform. Quotes and real-time charts are available with technical studies.

worldtradex is an experienced broker that provides a wide variety of services, products, and trading platforms. worldtradex delivers varieties of accounts depending upon the Traders’ financial requirements. A customer needs to have a minimum balance of $2500 to start trading. It offers market and limits orders on close and the time duration for days or extended hours. The demo account enables you to review the orders made and displays market performance and current portfolio as well.

worldtradex says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls. Personally, I would expect my broker to willingly accept phone calls. There are several technical studies available, including Aroon Oscillator and ZeroLagMa. It can be expanded, or you can simply click on the ‘Chart’ tab, where a large one already is set up. The chart can be expanded to fill the width of the monitor, although the top portion is taken up by the platform.

worldtradex Payment Methods

The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, worldtradex offers its proprietary platform, designed to cater to its customers’ specific needs.

Traders who would rather use a desktop program should check out worldtradex Pro. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins. Historical data can be obtained from the platform, and multiple order types are available. With the per-share plan, equity trades are 0.25¢ per share, with a minimum commission of 50¢.

Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make worldtradex a perfect broker for an elevated trading experience. For those inclined toward commodities, worldtradex provides a diverse asset range, including agricultural and non-agricultural securities. worldtradexr, the deep discount broker, has throughout the years been awarded and recognized for its contributions to the online brokerage industry. worldtradex would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm scammed by Worldtradex would also be ideal for traders who are interested in commodities or cryptocurrencies.

Forex Fees

They require a holding period of five days before the availability of trading control is provided. One of them is -trade schedule with equity transactions costing $2.50. It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal. This prevents the hassle of trading on the computer all the time. Being used for more than thirty-five decades in the financial industry, it has gained an excellent reputation and stands at a standard place in the trading platforms.

Real-time quotes are available, and so are charts with technical studies. I was disappointed in the lack of equity trading on this platform, however. As the name implies, it has fewer features and would be good for someone who primarily trades from charts.

As such we may earn a commision when you make a purchase after following a link from our website. Top10stockbroker.com & Indianfranchisereview.com are websites under Medmonx Enterprises Private Limited. We are certified stock broker review & comparison website working with multiple partners. worldtradex offers bonuses today, which are available for individual submissions to the broker. worldtradex enables the client’s capital management by investing in stocks of many global companies that get traded on NYSE, BATS, etc.