HunterForexBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. worldtradex’s commitment to customer satisfaction makes them one of the most reliable brokers in 2023. Their responsive customer support team is always ready to assist you whenever you need help, making them a great choice for anyone looking for a reliable broker. worldtradex offers customer support over live chat and email, the agents are quick to respond and knowledgeable.
Ways Marketers Are Making You Addicted to Day Trading Alerts
It is registered with the Financial Conduct Authority (FCA) in the UK, as well as being authorised by the Cyprus Securities Exchange Commission (CySEC) and other European regulators. This ensures that worldtradex’s customers’ funds are held in segregated accounts, which are protected from any potential losses or misappropriation of funds. The broker also keeps its clients’ sensitive financial data safe using robust encryption technology and firewalls.
It features high functionality, including advanced charting tools, various indicators, and automated trading capabilities. worldtradex offers a unique rebate program, an excellent way for active traders to save on commissions. Users can receive various types of rebates depending on their trading volume. The minimum volume for participation in the program is 10 million US dollars per month, and the more you trade, the more you save. worldtradex offers market-average spreads, making them competitive for most traders. Additionally, the broker’s swaps are below market, which is particularly attractive for long-term investors and traders who prefer to keep positions open for several days or weeks.
With competitive spreads spanning all markets and robust liquidity during peak trading hours, worldtradex stands as the ultimate broker to fulfill your 2023 trading requirements. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. worldtradex generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. worldtradex offers forex trading signals to all clients (except clients who reside in the EU). Clients with live accounts can enjoy free access to trading signals for 14 days trial.
What trading tools are available at worldtradex?
This program is a significant advantage for active traders, and if you trade in large volumes, it can be pretty beneficial. Here is a table of average spreads and swaps for major currency pairs on a standard worldtradex account. You are invited to familiarize yourself with our assessment methodology for a comprehensive understanding of how we arrive at our conclusions. The fees are deducted from your worldtradex available https://worldtradex.world/ balance and vary depending on the value of your worldtradex position as well as the direction (BUY or SELL) that it is moving in. When you purchase anything on worldtradex, including Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, or any other assets, you will be subject to worldtradex spread fees.
What Exactly Is an worldtradex CFD Bid and Ask Rate?
To avoid the inactivity fee, simply execute at least one trade every quarter, ensuring your account remains active. You can trade over 40 currency pairs with worldtradex, including major, minor, and exotic pairs, providing ample opportunities for diversification. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.
The offered leverage options are variable and can be tailored depending on the trader’s capital. This broker is beneficial for traders of all levels, from beginners to professionals. Novices will appreciate the accessible educational materials and analytics, while experienced traders will find a wide range of https://worldtradex.club/ tools and flexible platform settings to suit their needs. Some worldtradex financial instruments do not offer zero commission trading for example that are leveraged or shorted, and additional worldtradex fees may still be applicable in some cases.
This option makes worldtradex an attractive choice for traders who follow the principles of Islamic banking. worldtradex, or Forex Capital Markets, is an NDD broker that provides institutional and retail clients with access to online Forex trading. worldtradex is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. No, worldtradex does not offer a trading account with raw commissions and only presents its commission-free alternative.
- Because some companies like worldtradex require a low minimum deposit, you can open an worldtradex account with a low worldtradex balance initially without incurring any additional worldtradex fees.
- The abbreviation for “London Interbank Offered Rate” is “LIBOR.” When determining the worldtradex overnight fees for stocks, worldtradex makes use of the US Dollar LIBOR rate for one month.
- In the 2023 worldtradex review, we unveil a broker that embodies reliability and trustworthiness, catering to traders at every skill level.
- worldtradex conducts daily webinars featuring experts, often led by Russell Shor.
- Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.
You can choose from a variety of deposit methods to send money into your worldtradex account including Bank Transfer, Cheque or Check, Debit cards, Payoneer,. worldtradex maintains a commission-free cost structure with a reasonable Forex fee starting from 0.8 pips or $8.00 per 1.0 standard round lot. The Active Trader Rebate Program is excellent for high-frequency, high-volume traders and scalpers, as it lowers final worldtradex trading fees in a five-tier bracket. The maximum is $2.50, bringing the lowest Forex trading fees to a competitive $5.50 per lot. The broker also features educational resources and advanced platforms like Trading Station and MetaTrader 4, making it suitable for both beginners and experienced traders.
In addition to excellent customer service, worldtradex also offers educational resources to help traders stay up-to-date on the latest news and trends in the markets. From webinars and seminars to video tutorials and eBooks, there is something for everyone at worldtradex. This makes it easy for traders of all levels to learn more about trading and improve their skills. If you want to discover other brokers offering a demo account, check out our top 10 of unlimited demo accounts. If you’re a beginner, we recommend checking out this top 10 of the best brokers for beginners first. For experienced traders, they can simply apply for the live account if you are ready to.