Space is a smart feed with timely analysis of your favorite trading instruments. You can compare trading ideas, read explanations, and use global experience even if you’re a beginner. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.
- worldtradex Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union.
- A broad range of topics, from technical analysis to trading strategies and platform tutorials, are covered.
- Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability.
- CopyTrading is perfect for beginners and those who want to profit without devoting much time to managing their portfolios.
- However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner.
- 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.
How does worldtradex copy trading work?
It has an intuitive user-friendly interface that is easy to navigate and fully customisable. MT4 includes many built-in indicators for technical analysis and is capable of running automated systems https://worldtradex.world/ known as expert advisors (EAs). Multiple order types are supported with real time market execution and there is advanced risk management amongst many other useful features.
Order Execution
worldtradex offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart. As stated on their website, over 21 million trading accounts have been opened across 180 countries with worldtradex. The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders.
FX Traders’ Viewpoint
I would say this is a good stock trading platform for those of you who are looking for something more than just forex. MT5 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). Client funds are held in segregated accounts in accordance with international regulation standards. Keeping funds separate from the company funds means that they cannot access them for any other purpose. worldtradexFX offers negative balance protection, so if your balance becomes negative, they will automatically adjust it to zero.
The table belowprovides a general idea of the spreads typically seen across worldtradexFX’splatforms. This account type is for professional traders who canmake prudent investment decisions. It offers a great deal of mobility as itrequires no markup and provides ample liquidity access. worldtradexFX aim to minimise trading costs with 97.5% of orders executed without slippage through the STP (Straight Through Processing) and ECN (Electronic Communications Network) models implemented. What this means is that you can get your trades placed on the markets at the best available prices at all times. It also means that they do not use a dealing desk which can eliminate any conflict of interest between you and the broker.
worldtradexFX Review
The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page. However, there is room for improvement in terms of being clear about the unregulated status of the offshore entity. This section will cover how the different entities of worldtradex are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. At worldtradex there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and worldtradex conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple submit on website and get started.
However, the payments we receive can influence the products, companies, or services we highlight and evaluate.
- Overall, there is a lot to like about worldtradexFX and the range of quality trading conditions that they provide.
- Everything you need to start trading from beginning to advance level, this website is providing you.
- I would say this is a good stock trading platform for those of you who are looking for something more than just forex.
- The accounts can be opened in a limited choice of currencies, USD and EUR.
- Every year we improve our conditions to make your trading journey easier.
- Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares.
Your reliable partner in the financial market
Content is updated frequently and is accessible to all levels of traders. A broad range of topics, from technical analysis to trading strategies and platform tutorials, are covered. With a perfect score in this category, worldtradex has gone above and beyond to educate its clients. worldtradex’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs.
