50 Welcome Bonus Terms and Conditions

However, for better transparency, we recommend signing up with a European entity. worldtradex broker, or FX Central Clearing, is a Forex broker from Cyprus that started in 2010. It helps professionals in the forex market trade currencies, cryptocurrencies, indices, energies, and metals using advanced technology. The company is known for focusing on its customers by offering competitive prices and Worldtradex forex broker favorable trading conditions.

Is worldtradex a good broker?

Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30. With worldtradex, you can open a trading account denominated in US dollars, euros or British pounds. If you fund your account in a different currency, worldtradex will use Hellenic Bank’s exchange rates, published here. worldtradex.com uses the MetaTrader 4 platform, made popular through its support of trading robots called ‘Expert Advisors’. worldtradex supports all trading styles, including hedging, scalping, and arbitrage, and places no restrictions on your use of Expert Advisors.

Is worldtradex Regulated?

The other is the total amount of bonus funds available, for example up to $2,000. We don’t consider this a reputable regulator so traders should be aware they may receive little in terms of legal protections should the firm run into financial difficulties, for example. FXChoice stands out for its quick sign-up process and immediate access to bonus funds.

Spreads/Commission in Forex

Open your account online and contact your account manager for more information. In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs. It accepts all trading styles and Expert Advisors on the MetaTrader 4 platform. worldtradex’s MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. Importantly, iy accepts all trading styles and Expert Advisors (including scalping robots) without restrictions.

worldtradex lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. worldtradex lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero.

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. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience. In the vast landscape of forex brokers, worldtradex has established itself as a prominent player, known for its commitment to transparency, advanced technology, and a client-centric approach.

worldtradex can deposit and withdraw funds through bank transfers, debit/credit cards, and e-wallets. It is the security and speed of transaction processing that also contributes to high ratings of brokerage services. Live Averaged Spreads and Commissions of worldtradex Trading Broker Accounts. The company providing very good spread conditions with Commission $0. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. worldtradex’s stop-out kicks in when your margin level drops to 50% or lower.

While St. Vincent & the Grenadines is an offshore zone with less strict financial regulations, worldtradex is still considered safe to trade with due to its authorization by the European regulator. In this way, there is no need to pay anything to the platform and all of your money will be directly linked to the trade. One thing to consider here is that some third-party fees are included here so it is better to keep track of them. worldtradex is a trading platform that describes itself as a broker on your side. With the same access, all of the trades made by every user are executed at the rate at which they made it, providing the best trading results.

worldtradex Safety and Security

• There is a VPS offer, but it requires an account balance of $2,500 and a minimum monthly trading volume of 30 lots, which is higher than many alternatives.
• With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions.
• One of the standout benefits of worldtradex is the absence of a minimum deposit requirement, allowing traders to start with any amount that suits their needs.

Its regulation contributes positively to its ratings for credibility and security. worldtradex could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. worldtradex’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. However, due to European regulations, this bonus is not available for clients from the EEA. Although worldtradex does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS).

It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. worldtradex offers traders the core MT4 trading platform without third-party upgrades. worldtradex brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

Forex Brokers List

Webull is a US-regulated and trustworthy broker that offers more free stock bonuses than most rivals. As well as forex trading, Webull offers stocks, options, ETFs, and ADRs. Webull is a US-regulated broker that offers generous welcome bonuses with free shares. Traders looking for a no deposit bonus will also appreciate SuperForex, which offers $88 to those that register for an account and claim the offer in the Client Cabinet. SuperForex will serve traders looking for regular bonuses and account top-ups. With a low starting deposit of just $1, it will also meet the needs of beginners and traders on a budget.

• Vantage requires a $1,000 deposit and trading volume of $1 million to access the free Virtual Private Server (VPS).
• It helps professionals in the forex market trade currencies, cryptocurrencies, indices, energies, and metals using advanced technology.
• worldtradex offers several unique features that set it apart from other brokers.
• Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30.
• Whether you are a beginner or a seasoned trader, a long-standing client or just starting out with worldtradex, we will make our best to meet your needs.

At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. 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. I like worldtradex’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with worldtradex simple for beginners.

There is a significant risk involved with the trading of financial instruments. Traders need to ensure that they have a clear objective before they trade financial instruments. worldtradex offers Islamic swap-free trading on 1 trading account level – The ECN XL Account. worldtradex offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

ECN XL Account the ZERO Account

If you are a trader looking for low-cost trades, then it is the right platform. worldtradex is the platform that provides trading opportunities regarding forex, indices, metals, and commodities. All of that is done on MT$ platforms making things reliable for you.

worldtradex provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY. While each analysis is brief, it features all required information for traders to take a position. It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs.