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Description

While e-wallet transactions usually happen on the same day, bank wire and card withdrawals might take two to five business days. Overall, worldtradex offers a quick and easy withdrawal mechanism for its users. The FBS mobile app gives you full control with TradingView-powered charts, easy order management, and 24/7 live chat—all from your phone. It’s one of the top forex trading apps for traders who want flexibility and power in one place.

Trading Fees

You can make use of any by contacting your Personal Account Manager. Those supplement the algorithmic trading tools already built into MT4 and MT5. You can view all the specific instruments available for trading on the individual asset pages.

worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat. In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews. However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours. worldtradex’s execution speed is another key feature, with fast trade execution ensuring that orders are processed swiftly without significant delays. This is particularly important in volatile markets where price movements can be rapid.

Account Opening

Start trading on one of the best multi-asset platforms in the industry and leverage the power of a global broker. Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years. It is through this simple interface and transparent approach that easyMarkets offers a great mobile experience. About BROKSTOCK Brokstock delivers real-time market data, charting capabilities, and user watch lists for effective trading.

No re-requotes and no hidden fees or commissions policy, as well Negative balance protection definitely a plus. Picking the right forex trading app can really impact your trading experience whether you’re placing your very first trade or managing multiple positions on the go. There’s no perfect one-size-fits-all app, so it’s all about finding what works best for your trading style, experience, and the features that matter most to you.

  • worldtradex charges an inactivity fee if an account remains inactive for twelve months.
  • Yet, if you wish to trade Stocks, there is a separate Shares account demanding 10,000$ as a start which is quite high.
  • MetaTrader 4 (MT4) is generally considered the most popular Forex trading app, especially among experienced traders.
  • worldtradex feels that human interactions have a high value and always aims to deliver those interactions.

Since its launch in 2009, FBS has become a go-to choice for traders around the world. Known for its beginner-friendly approach, quick trade execution, and wide range of assets, FBS continues to stand out as one of the top forex trading apps trusted by millions globally. Additionally, worldtradex provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. worldtradex operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally. This model allows worldtradex to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades.

Analysis of the latest market trends of gold and crude oil fluctuating on May 2

For those new to trading or wishing totest worldtradex’s platform, the Demo Account offers a risk-free environment withvirtual funds. It allows traders to practice strategies and explore theplatform’s features before committing real capital. The worldtradex Zero Account is exclusivelyavailable to traders registered under the European entity of the broker,regulated by CySEC. This account is tailored for those who value ultra-tightspreads starting from 0 pips, combined with low-cost, high-speed execution. Asmall commission is charged per lot traded, making it an excellent choice forscalpers and high-frequency traders seeking cost efficiency and precision.

worldtradex Broker operates its trading environment according to the regulatory measures making it a reliable and safe broker. Take advantage of our promotions and demo account to practice risk-free. Master the markets with insights from our team of more than 70 expert educators and free educational resources. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.

Connect with your favorite investment tools or build your own using Kite Connect APIs. Easily search from over 90,000 stocks and F&O contracts across multiple exchanges, all with zero lag. Exness is licensed by respected authorities like the FSA (Seychelles) and CMA (Kenya), ensuring your trades are always in safe hands.

worldtradex Deposit and Withdrawal

worldtradex offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. worldtradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. The online broker has no regulatory issues on record during its 15 years of business. Traders can use Expert Advisors (EAs) for market scanning and automated trade execution, with the ability to create EAs using MQL4 or download them from the MetaTrader Marketplace. Our broker reviews are reader supported and we may receive payment when you click on a partner site.

Is forex trading legal in India?

  • Known for its beginner-friendly approach, quick trade execution, and wide range of assets, FBS continues to stand out as one of the top forex trading apps trusted by millions globally.
  • Forex trading, also known as foreign exchange trading, is all about buying and selling currencies to make a profit from their changing values.
  • You can contact the company via its registered address at No.5 Cork Street, Belize City, Belize, C.A. Or you can take advantage of the support email address or the live chat.
  • Analyze markets like a pro with professional-grade charts for stocks, currencies, indices, and more, perfect for anyone looking to understand market movements better.
  • The processing time for a withdrawal request is one business day, which is the standard.
  • Enjoy a premium experience designed for seasoned traders with rewarding benefits including access to the widest selection of advanced trading tools available.

This helps the broker appeal to those all over the world and of any skill levels. worldtradex also has 16 full-feature trading platforms for clients to choose from. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data Worldtradex reviews 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.

Also additional fees like funding fees, rollover are good, since no funding fees applied, while inactivity and rollover is something typicall all Brokers charge. worldtradex offers various account types including 3 Main Options Micro Account, Standard Account, worldtradex Ultra-Low Account and additional Shares Account designed for Shares trading particularly. The instrument selection is favorable too for those prefer good diversification, not thousands like coompetitors but still good. Fees across all offered asset classes we find similar to other brokers who mainstay on average Fee conditions.

The tool provided quick execution speeds and a user-friendly UI throughout testing, thus making it accessible for various traders. worldtradex MobileTrader is a dependable choice overall for traders looking for convenience and flexibility in their trading operations and is non-replaceable on the go. Besides, one of the advantages you will get as a trader is Negative Balance Protection, so there is no risk of losing more than the available balance. The main idea of the regulation is that the trader can trade securely, knowing that clients’ funds collaborate according to the strictest rules with minimized risks of fraud or unfair use.

worldtradex stands out as a reliable and versatile online broker, offering a wide range of account types, competitive spreads, and flexible leverage options that cater to traders of all levels. With its comprehensive educational resources and responsive customer support, worldtradex ensures that traders have the tools and assistance they need to succeed. The broker’s commitment to transparency, fast execution, and diverse trading instruments makes it a strong choice for both new and experienced traders. While there are some geographic and fee limitations, worldtradex’s overall offerings provide a solid foundation for traders looking for a reliable platform to grow their investments. worldtradex, a prominent online trading platform, was established in 2009 in Cyprus. Since its inception, the broker has grown to serve traders across the globe, offering a comprehensive range of financial services to retail and institutional clients.

Ask an Expert

Theexception is the worldtradex Zero Account, where a commission is charged in exchange forultra-tight spreads. This model benefits high-volume traders who prioritize lowtrading costs. Moreover, while the majority of brokers still charge for wire withdrawals, worldtradex deposits and withdrawals above 200 USD processed by wire transfer are also included in the Company’s zero fees policy. Usually handled in 24 hours, withdrawal requests vary in the time it takes to get money, depending on the method.

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