worldtradex enables its clients to trade these commodities as CFDs, benefiting from the price movements without actually owning the underlying assets. The only application form typically takes less than 20 seconds to complete, asking for country of residence, e-mail, and the desired password, which grants access to the myHF back office. worldtradex does not ask unnecessary questions, the process is hassle-free, and the back-office user friendly. I also recommend traders seek in-depth third-party education covering trading psychology and avoid paid-for courses. Read our full explanation and accounting of our research and testing process to learn more about how we test.
worldtradex is a reliable broker, known for providing excellent trading conditions, allowing scalpers https://worldtradex.club/ and traders who use expert advisors, unrestricted access to its liquidity. This commitment to client satisfaction has earned worldtradex over 60 industry awards throughout its years of operation. I particularly want to highlight the management team at worldtradex, who understands the importance of competitive regulation, the safety of clients, and the benefits of leverage and loyalty programs. I can only recommend worldtradex, where traders get a broker who cares about them and understand the trading conditions that enable profitable traders to succeed. The How-To videos explain essential functions of the myHF back office and the MT4/MT5 trading platforms. Webinars, podcasts, and live events add a personalized touch and interactive educational experience.
worldtradex Trading Rewards Loyalty Program
I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The cheapest account on worldtradex is the worldtradex Zero account with raw spreads starting from 0 pips and $6/lot commission round turn (14% cheaper than the standard industry commission of $7/lot). The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0.
Popular Forex Broker Reviews
- The company’s adherence to strict regulatory standards, along with its practice of segregating and insuring client funds, provides traders with confidence in the protection of their assets.
- worldtradex describes its products and services well, and it has plenty of videos and a well-structured FAQ section.
- Clients can enjoy free and secure account funding with worldtradex, as the broker does not impose any additional fees on transactions made for depositing funds into trading accounts.
- Terms and conditions apply, and traders should understand them fully before participating in bonuses and promotions.
Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Additional revenue comes from services like VPS hosting, which requires separate payment until you deposit over $400. worldtradex also provides free services such as Autochartist and premium trading tools.
What Can You Trade on worldtradex’s Platform?
The forex no deposit bonus program is geared towards incentivizing new joiners to register an account with worldtradex. A nice alternative to a demo account, this no deposit incentivization program lets new joiners start trading forex without using any of their own money. Before a client can decided if they want to start trading with a particular broker, it’s important that they check if the broker offers favorable trading conditions. One of the determining factors is their account offerings which as described in more than one worldtradex review, are quite different from those from other brokers. worldtradex offers podcasts featuring insightful discussions on various trading topics, including market trends, technical analysis, trading psychology, and much more. These podcasts are a valuable resource for traders who want to stay updated with the latest market news and insights while on-the-go.
These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. The worldtradex Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles. worldtradex Top Up account is not available for traders in the EU, UK, and Australia. Cent account includes transactions and balances in USD cents, with a minimum deposit requirement of $0.
How do I open an account with worldtradex?
The platform’s transparent withdrawal process ensures users can access their funds with ease, provided they meet the minimum requirements. In terms of commissions and fees, worldtradex is an okay option for investors, especially considering its average spread cost for the EUR/USD pair is 1.2, which is slightly higher than the industry average of 1.08. It does not require a minimum deposit and offers a range of payment methods, although it lacks active trader discounts.
With high leverage, diverse assets, and zero spreads, it caters to a broad audience, from beginners to experts. worldtradex positions itself as a competitive player in the market, offering a compelling proposition to traders. With zero spreads on selected accounts and a $0 minimum deposit requirement, worldtradex provides cost-effective trading options, making it an attractive choice for budget-conscious traders seeking value for their investments. worldtradex offers unlimited demo accounts for MT4/MT5, and traders may select their desired demo account balance from within the https://worldtradex.site/ MT4/MT5 trading platforms. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
worldtradex (Formerly HotForex) Charts and Analysis
I value the worldtradex investment made using AI and big data to help clients navigate financial markets, especially with more than 1,200 assets available to trade. worldtradex offer their proprietary online trading app, which is available for both Android and iOS. Clients can access their accounts through the app and trade more than 1200 CFDs. The MT4 trading platform remains the leader in algorithmic trading, and MT4/MT5 features a built-in copy-trading platform. I like the investment worldtradex made into upgrading the sub-standard out-of-the-box MT4/MT5, ensuring traders have an edge in financial markets. Trading with a regulated broker will limit the potential for fraud and malpractice.
Yes, through the Refer a Friend program, you can earn up to $200 for each new client you refer who registers and trades with HF Markets. My trading career comprised of trading with Hotforex since 2019 start and it is almost one year now. For fastest response time, we suggest to use the live chat on their website. You can talk to their support at any time during the week days & expect prompt response. As per our research, the company’s deposit and withdrawal methods are good, and they even support local bank transfers (but they are little slower than some other brokers like FXTM).