Support is available 24/7 which stands up well against competitors we have tested. From on our assessment, worldtradex provides an average offering of market research. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs).
It is worth noting that worldtradex has a margin call of 100% and a stop-out level that is triggered when your account falls below 50% of the required margin. Other fees to be aware of are the swap fees that are charged on positions held overnight. Traders should also keep in mind that triple rate swap fees are charged on a Wednesday. These solutions are your gateway to balanced and informed investing, enabling you to exploit market trends while keeping your capital secure. Investing in IPOs allows you to tap into the potential of companies poised for growth, enabling you to be part of their success stories from the very beginning.
Mobile and Convenient Trading
There are also withdrawal fees with this account, reducing its appeal. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. Embark on a journey with our tailored investment portfolios, where every feature is sculpted to cater to your distinct financial persona. From transparent terms to diverse earning potentials, every facet of our solutions is aligned to offer you a seamless, rewarding, and secure investment experience.
Tailored Investment Portfolios: A Balanced Fusion of Profitability & Security
Our platform is designed to be a catalyst for your financial growth, fostering an environment where your investments can flourish and yield desirable outcomes. This is an account for beginners who want to understand how the currency market works, and practice trading without any financial risk. I also think demo accounts can be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
On the downside, our research has https://worldtradex.site/ revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. Choosing a safe and reliable broker is essential for successful trading.
It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades. There is also the CQG platform with four different solutions that can be used to trade futures and options. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies.
How To Open A Demo Account
Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone. With this in mind, worldtradex isn’t the best forex broker for new traders in our view. 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. On the other hand, there’s a 2 USD commission per traded lot per side.
- Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide.
- Our expansive range of services and financial instruments is designed to offer a seamless, integrated, and comprehensive investment experience for our clients.
- We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
- I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems.
- I like the digital wallets as I find it to be the quickest way to get access to my trading funds which is important if there is some market news I want to try and take advantage of before it is too late.
- The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries.
Why Lime Trading (CY) Ltd Stands Out:
Our commitment to excellence is reinforced by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia. Established in 1994, worldtradex has evolved into a premier brokerage firm offering a staggering array of 128,000 tradable instruments. Our vast portfolio encompasses stocks, currencies, options, futures, CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities. Overall, I feel that worldtradex are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity.
worldtradex is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. We have interwoven our advantages to create a seamless tapestry of trading excellence. Every aspect, from platform diversity to continuous support, is meticulously refined to align with your trading journey, ensuring that each interaction is a step towards achieving your financial goals. Our relentless pursuit of perfection in every facet of our service is our commitment to empowering your trading experience with reliability, innovation, and precision. J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers.
Our Forex Accounts
worldtradex have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. I like the digital wallets as I find it to be the quickest way to get access to my trading funds which is important if there is some market news I want to try and take advantage of before it is too late. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged.
The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. The integration of worldtradex’s institutional services signifies a step towards comprehensive market exploration and diversified asset allocation. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
- Please contact us at support @ cyprusregistry.com if you have any inquiries and we will try to respond within 2-3 business days.
- The company now has more than 155,000 clients in over 130 countries.
- Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages.
- Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB.
- The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity.
- Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools.
This is a good indication that the brand is a large, legitimate brokerage. Also, similar to the copy trading service, there is no guarantee you will make a profit. This means the broker effectively acts as a middleman to give traders access to the forex market. The huge range of 35,000+ instruments is a key benefit of opening an account.