Each of these platforms caters to different trading styles and preferences. Traders can choose the platform that aligns best with their specific trading needs and devices. The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform. worldtradex offers commission-free trading and above-average floating spreads. Its overnight fees are average for the broader industry.
¿Son buenas las comisiones de trading de worldtradex?
I consider the chart screen a platform’s most important feature. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action.
- My experience overall was good and satisfying.👍As being market makers🥸, they provided the ability to choose both fixed and variable spreads on 6 types of assets.
- Maybe,the problem is in me, so I learned on this platform and made the best profits there, but for me, it is the most suitable platform.
- However, that’s another story.I believe that you will surely find your favourite instrument on this platform and check the trading conditions.
- And although I did not become a strategy provider, I elevated my skills a lot and occasionally I get a side income as a fx trader.
- Maybe that’s just how my trading went but based on the hard sell 2 days into opening the account and the inappropriate communication from them, I would not recommend them.
- The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform.
Platforms and Tools
Dear Derrie LaCumbre,Thank you for sharing your feedback with https://worldtradex.pro/ us. We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been. This will allow us to locate your account and review your case thoroughly.We sincerely apologize for any inconvenience caused and want to assure you that we are committed to resolving this matter as quickly as possible. Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, worldtradex ⚡️Empowering traders.
worldtradex’s Trading Fees
Hello Benoît R.,We are so grateful that you took the time to write this excellent review! Hello Yair H.,We are so grateful that you took the time to write this excellent review! Hello Archil G.,We are so grateful that you took the time to write this excellent review!
As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. I found its charting capabilities quite rigid and ineffective. The one thing that MT4 is quite suitable for is automated trading because it is not dependent on the execution of precise technical analysis. I have compiled the table below to help you better understand the difference between the trading fees on worldtradex’s several account types. It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10.
Hi Kelly Walsh,Thank you for your positive feedback! worldtradex is a well-established online trading platform that offers a compelling range of features and benefits to traders. With its robust regulation by the Seychelles Financial Services Authority, diverse account options, flexible spreads, and an array of educational resources, it stands out as a competitive choice in the trading industry.
The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor your positions’ development and make changes if needed.
worldtradex offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. worldtradex, the broker of choice for traders seeking safety, variety, and expert guidance. Explore a world of forex, CFDs, and cryptocurrencies with confidence. While I appreciated worldtradex for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content.
However, the combination of commission-free trading and floating spreads from 1.8 pips exceeds the industry average. The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning worldtradex’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. Using the Standard account, my experience has been a smooth one and I have been executing reliable trades ever since I started making use of worldtradex. I can attest that it is very reliable and has very great services.
Fees
Now, I don`t even pay attention to spreads, while opening my long-term several days trades and swap fees are also not that harmful for my profits. It`s like shopping, you consistently look for lower prices and discounts😂 the same situation in trading, the lower spreads, the better outcome you can get. We’re so glad to hear that you enjoyed your experience with worldtradex!
The broker does not charge deposits and withdrawals but has issued an inactivity fee. worldtradex works with multiple payment services to provide its clients with maximum flexibility. Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. https://worldtradex.club/ Transaction times vary but are generally within the norm. The fact is that worldtradex has been a good broker for forex traders.
A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. I tested worldtradex’s transparency by checking the availability of essential information on the website. Its Client Agreement is easily accessible and pretty exhaustive.