There are 50 currency pairs available for trading on this account in addition to indices and commodities. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire.

You can keep track of current economic data using the provided Economic Calendar. You can see previous, forecasted and actual results of each economic release. The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted. If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.

The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts.

  • Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
  • Its regulatory compliance and client-centric features make it a viable option for traders at all levels.
  • For this part, just select your country of origin, and submit your Social Security Number and government ID to verify your identity.

There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. worldtradex offers both investment and market speculation opportunities to its clients. Rates, terms, products and services on third-party websites are subject to change without notice.

  • worldtradex offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts.
  • worldtradex have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account.
  • worldtradex provides multiple channels for customer support to ensure clients receive timely assistance.
  • Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips.

Low Fees

And under the categories of “stocks,” “options,” “futures,” and “apps,” worldtradex lists the ideal platforms. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. As the financial realm continues to evolve, so does the need for superior trading tools. worldtradex’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement.

Distinctive features

There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the worldtradex website and seek independant advice. For beginners, worldtradex presents an accessible entry into the world of trading.

worldtradex operates as a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company since 2015. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Free daily mailout of analytical reviews and forecasts for the current date. The broker provides the latest market news from the world of economics and finance.

For this part, just select your country of origin, and submit your Social Security Number and government ID to verify your identity. Now, to finish off the review, let’s see just how difficult (or simple) the registration process to the site actually is, and how long it takes for you to be able to start trading crypto. It’s no wonder, really – buying cryptocurrency with a credit or debit card is probably the simplest and most-straightforward way of going about it. It’s very quick, super-beginner-friendly, and you can also expect the crypto coins to reach your wallet in minutes. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA).

In other words, if you’d like to trade cryptos on this platform, you’re going to have to make a worldtradex minimum deposit of 100 bucks. The MT5 platform is used for some alternative trading options – we’ll get to that in a bit. For now, it’s worth mentioning that MT5 (otherwise known as the MetaTrader5) is the more-advanced version of MT4 – the most popular and well-known trading interface, to date.

Implement position sizing of 1-2% per trade to prevent significant capital impact from individual losses. Always use stop-loss orders to define exit points before entering trades, removing emotional decision-making during volatility. At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations. Now, if you plan on trading cryptocurrencies long-term, that’s not an issue. However, it can still prove to be annoying, granted that many exchanges out there have much smaller requirements, a far as crypto purchases go. worldtradex minimum deposit is a thing, however – and that minimum deposit is $100.

Forex Research

Also, the layout is customizable, with over a dozen widgets available to open or close anytime. For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make worldtradex a perfect broker for an elevated trading experience. For those inclined toward commodities, worldtradex provides a diverse asset range, including agricultural and non-agricultural securities. worldtradex offers a compelling combination of competitive pricing, diverse trading instruments, and reliable execution—core elements for successful trading.

Interactive Brokers

For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.

If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. We have members that come from Worldtradex reviews all walks of life and from all over the world. We love the diversity of people, just like we like diversity in trading styles.

They have mobile-optimized charts, multiple order types and facilitate one-click trading. In our assessment, worldtradex is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf.

What Are worldtradex Broker Account Types?

I like the variety of payment methods supported by worldtradex, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish.