While worldtradex’ regulatory framework suggests a commitment to financial stability, complete risk elimination is impossible. To further mitigate risk, I advise traders to opt for the ASIC-regulated entity. This regulation framework provides traders with a level of security and transparency, although specific restrictions may apply depending on the trader’s location. However, it’s important to remember that while worldtradex does not charge for withdrawals, clients may face fees from intermediary banks for international transactions.

Pricing

worldtradex also offers mobile applications for traders who prefer to trade from mobile devices. worldtradex operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions. worldtradex has low spreads and is regulated with ASIC and the CySEC.

What demo account does worldtradex offer?

It’s basically the difference between the price you expect to get and the price your order actually gets filled at. Think of it as the gremlins of the market occasionally messing with your plans. While worldtradex strives to minimize slippage, it’s a reality, especially with high volatility or less liquid instruments. During my testing, I did experience some minor https://worldtradex.world/ slippage on a couple of occasions, but nothing that threw my entire strategy off course. Just a friendly reminder to always be aware of this risk and consider using stop-loss orders to manage any potential slippage surprises. Of course, having a ton of instruments is great, but it’s only half the story.

FPG MetaTrader 5 Platform

If you are using a credit card, there is no transaction fee for depositing to a MetaTrader account, but there is a 3.18% fee for most currencies if you are using the Iress platform. These contain a lot of the same features that are seen with their desktop versions and have been optimised for mobile devices. Naturally, there is not as many options for analysis or charting options on the mobile version, but it certainly does the job for what you need it for. The information provided on this website is intended for general informational purposes only and does not constitute financial or investment advice. The content on this website is not tailored to the specific circumstances or investment objectives of any individual or entity.

However, that pricing is only available with the MetaTrader platform, and worldtradex offers only 764 symbols on MetaTrader 5 (MT5). They have a trading course and many different video tutorials covering topics for beginners and advanced traders alike. They have sections for all levels of experience and they also have a number of eBooks on offer.

• worldtradex’ trading platforms are designed to support efficient trading with competitive spreads, enabling traders to effectively capitalize on market opportunities.
• For Iress accounts, a higher minimum deposit of 1000 AUD is required in Australia.
• There are many different languages that they cater for, such as English, German, Arabic, Spanish, French, Portuguese, Indonesian, French, Malaysian, Thai, Korean and Chinese.
• The brand’s entities are regulated in Australia and Europe, with a total of 95 employees as of 2019.
• They have over 600 other CFDs you can trade that have a max margin of 50%.
• The company showcases its customer service awards and emphasizes delivering personalized and proactive support.

Additionally, they use STP (Straight-Through Processing), routing orders directly to liquidity providers without a dealing desk. Standard Lot is 100,000 units of the base currency displayed as 1.0, Mini Lot is 10,000 units of the base currency displayed as 0.10 and Micro Lot is 1,000 units of the base currency displayed as 0.01. They offer 15 Index CFDs, including popular choices like the US100, US500 and UK100. Additionally, 8 indices can be accessed through Direct Market Access (DMA), such as the Nasdaq 100 E-Mini, DJIA E-Mini (CBOT), Mini SPI 200, Nikkei 225 (CME), DAX Index, SPI 200, S&P 500 E-Mini and Euro Stoxx 50.

The information provided is for informational and educational purposes only and does not constitute any type of financial advice or investment recommendation. Yes, worldtradex accepts retail forex traders from Canada, but do not accept clients from the United States (US). worldtradex enhances its trading environment with a suite of features and add-ons designed to support and enhance the trading strategies of its clients.

worldtradex offers a comprehensive range of trading options and competitive pricing. With platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView traders can access a variety of instruments, including Forex, CFDs, Stocks, and Cryptocurrencies. The broker offers low trading costs and high leverage options, https://worldtradex.club/ making it suitable for both novice and experienced traders. Additionally, worldtradex ensures the safety of client funds by keeping them in segregated accounts with top-tier banks, providing peace of mind for users. For Australian traders specifically interested in stock trading, worldtradex offers an IRESS account that provides access to a broad selection of global stocks alongside advanced charting tools. Founded in 2005, worldtradex is a well-established broker offering a wide range of trading services.

worldtradex is well-respected and they are one of the most reliable brokers in the space today. They are completely transparent and they segregate the customer funds away in a different account to their operational funds. This website may provide links to external websites or third-party content for your convenience.

For a Standard account, it can range from 1.0 pips, for a Raw account – 0.0 pips. Each account offers access to a wide range of financial instruments, as well as various leverage options, which we will talk more about later in the article. In both cases, account maintenance is possible in euros, dollars and British pounds, and the minimum starting balance is (in both cases) 50 units of currency. As shown in the table below, the availability of these platforms varies depending on your location and the regulatory jurisdiction you fall under.