worldtradex employs an electronic communications network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers. MetaTrader 4 is one of the most popular forex trading platforms in the world today. All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s).
Fast and Friendly Support
EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee.
Technical Analysis
- MetaTrader 4 is one of the most popular forex trading platforms in the world today.
- Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (worldtradex) decided to build on their vast market experience to become the most customer centric forex broker in the business.
- In addition to offering free access to a Virtual Private Server (VPS), worldtradex currently offers an attractive bonus to account openers.
- Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.
Using MQL4 you can build-up your own library of custom indicators, scripts and function database. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. worldtradex could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business. I find worldtradex’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support.
The worldtradex MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections. In addition to this, worldtradex also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development.
Trading Platforms
ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read. Clients can also download a range of ebook PDFs for free that go into further detail on strategizing and online trading. Having tested hundreds of forex brokers, I feel that the worldtradex’s education section is fairly average, with a decent range of materials available but nothing that stands out.
- worldtradex uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe.
- Information secured in this fashion is virtually impossible to hack in any short amount of time.
- Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved.
- Once these steps are completed, traders can access their account and begin trading immediately.
Account Fee
If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services. New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. While worldtradex does not offer stock trading, its comprehensive selection of other instruments, combined with competitive spreads, positions it as a strong choice for traders focused on forex and CFDs. Whether you’re trading major currency pairs or exploring commodity markets, worldtradex provides the necessary tools and instruments to engage effectively in global financial markets. worldtradex is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices.
Does worldtradex Have A Forex App?
We’re convinced these tools will offer up the opportunity for our clients to develop their skills and therefore enjoy a more successful trading experience. Each tool has been selected to have specific features to deliver unique benefits. The MT4 Mobile trading platform is your gateway to the financial markets, even when you are on the go, offering you an overview of all the trading features you enjoy using on the award-winning MetaTrader 4 desktop platform. Execute trades, perform technical analysis, monitor your account activity, and access live market data all in real time and from the convenience of your web browser.
This low-cost trading environment is particularly appealing to traders looking to minimize expenses on high-frequency trades. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. At the same time, both platforms are remarkably user-friendly, making them accessible even to relatively new and inexperienced traders.
Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. worldtradex’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades. Keep reading our worldtradex review to find out if this broker would be appropriate for your needs.
worldtradex XL 계정
worldtradex provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features. The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. worldtradex offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.
If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. worldtradex is an excellent low-cost choice for beginners due to its decent range of educational resources and free demo account – a great way to build up experience before trading with real capital. The $0 minimum deposit also makes the forex broker accessible for new traders.
MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots. worldtradex provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies. While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered.
MetaTrader 4 https://lunarcapital.vip/ includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. worldtradex does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. I do feel slightly let down that the worldtradex demo mode is limited to 30 days, but I found that you can simply open another demo account after the first one expires.