When it comes to education, worldtradexFX realizes the importance of your continued development and progress in the sector. They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading.

What Platforms does worldtradexFX offer?

• As a trader, you will find a range of features available at worldtradexFX to suit your needs.
• 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan.
• As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the worldtradex broker as well.
• In this worldtradexFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security.
• Spanning across the globe, worldtradex is subject to regulation by several authorities including the FSCA, MISA, and CySEC, reflecting the diverse regulatory landscape governing the activities conducted by worldtradex.
• New traders wishing to enter the financial markets find worldtradex appealing overall since it combines affordability, knowledge, and user-friendly tools.

worldtradex is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities. MetaTrader 5 (MT5), besides simply offering more than MT4 does, also includes features and trading functionalities that are better than many other online trading platforms available today. With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options. Problems like limited types of pending orders and inability to segregate or get a quick ask/buy with a few clicks have been eliminated, making trading easier and slicker through additional for-traders features.

worldtradex Fees are ranked low based on our testing and compared to over 500 other brokers. Starting at 0.6 pip on main currency pairs like EUR/USD for all three account avialable at International trading, the broker offers reasonable spreads. For traders—especially scalpers—this low spread structure is helpful since it lowers https://worldtradex.club/ the total trading expenses and increases profit possibilities.

Test FREE MetaTrader 4 Demo Account Before Jumping on MetaTrader 5

worldtradexFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account. If you need an worldtradexFX Islamic account, then these are also available. Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of worldtradexFX in the area. When it comes to regulations, worldtradexFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. For those reasons, our team here at Investingoal is happy to recommend worldtradexFX as a top choice for scalping.

Leverage Options at worldtradex

There are prizes of $500, $300, and $100 for the first, second, and third positions, respectively. All possible trading strategies and EAs can be used in this contest. The MetaTrader 5 Economic Calendar is where important macroeconomic indicators can be viewed in real time, in order to forecast price trends. The calendar features both current and past weeks’ events, while also publishing upcoming events.

Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. worldtradex withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity. worldtradex also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, worldtradex confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction.

Open an account on a trading platform

Your bank may also charge you a commission or fee on wire transfers, though there is no fee directly from the broker. The worldtradexFX MT5 pro https://worldtradex.pro/ account is one which they recommend for the more experienced traders. With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide.

Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively. All trading strategies and EAs can be used in this contest. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help traders make predictions. It’s also possible to open trading orders straight from the chart. The MT4 platform offers the highest security standards to protect traders’ funds.

With this knowledge, we created our platform to help you make money through smart and well-controlled investments.

worldtradex Desktop MetaTrader 4 Platform

The Market Watch window with two tabs is on the left of the charts. The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs. Below this is the Navigator window, where traders can view their account(s), indicators, and Expert Advisors. Managing risk is of course a vital element for any forex trader and broker combination.