The worldtradex Cent account is a beginner-friendly trading option only available to international clients under the regulation of the Financial Services Authority (FSA) of Seychelles. Cent account is ideal for those moving from a demo to a real trading environment. THe worldtradex demo account can be used to test your Forex strategies and worldtradex platforms for an unlimited usage of time. Yes, worldtradex offers several bonuses and promotional offers to its traders outside the EU, the UK and Australia. worldtradex may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected.
- So either you wish to join copy traders or to use EAs, perform scalping or become a partner etc. there is an option for all.
- HF Markets Ltd. is regulated by market watchdogs like Financial Conduct Authority in the UK, Cysec and South Africa FSCA.
- So they are considered a relatively safe forex & broker for traders in Nigeria.
- Additionally, the worldtradex Premium account is available as a swap-free option, accommodating traders of Islamic faith.
- 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.
Mobile Trading Platform
Furthermore, withdrawals can be made via the same channels, though minimum withdrawal amounts may apply. The worldtradex Loyalty Program rewards traders for their activity on the platform. By participating, you can earn worldtradex Bars for every trade, which can then be exchanged for bonuses, cash, or trading services, providing ongoing rewards for consistent trading. The platform regularly runs engaging competitions, such as the Full Margin Olympics, where traders can compete for valuable prizes like a PS5 Slim and funded accounts. Additionally, traders can earn rewards through the Refer a Friend program, where they can receive up to $200 for inviting new clients. Along with these key features, HF Markets ensures an overall comprehensive and secure trading environment, making it an appealing choice for traders of all experience levels—from beginners to seasoned professionals.
What are worldtradex’s liquidity providers?
- Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
- The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks.
- But in general, we don’t put too much emphasis on trading platforms, given the fast that almost all the regulated brokers out there have Metatrader web & mobile platforms available.
- While trading with worldtradex Forex we found available fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size.
- We were provided with a virtual starting balance of 100,000 USD, which can be topped up on request.
- The broker strives to process transactions quickly and does not charge any deposit fees.
It provides integration with both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering flexible platforms for different trading strategies. worldtradex stands out as a trusted and innovative global leader in online trading. With over a decade of experience, strong regulatory compliance, and a solid track record of awards and client satisfaction, worldtradex offers traders a secure, dynamic environment for financial success. The company’s commitment to innovation and customer service ensures that it remains a top choice for traders around the world.
I was introduced to hotforex through an IB, and I am very pleased with how things turned out, excellent broker, tight spreads, fast execution and they even offer crypto trading. Usually withdrawals take less than 48 hrs through epayments which is very convenient. Moreover, their wide range of trading instruments i.e. forex, CFDs on commodities & more to its customers. The Naira accounts at worldtradex come with very great features that offer nice addition for Nigerian traders. But in general, we don’t put too much emphasis on trading platforms, given the fast that almost all the regulated brokers out there have Metatrader web & mobile platforms available.
With several options for deposits and withdrawals, and low minimum amounts, HF Markets scores high in this category. When you get to the next step, it’s time to choose which account type you’d like to open. It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types. Features MT5 offers over MT4 include the ability to trade stocks, more order types (6 vs 4), additional technical indicators (38 vs 30) and analytic tools (44 vs 23). You will also find 21 timeframes vs 9, a Depth of market indicator and even 64-bit (vs 32-bit)processing which makes MT5 a superior option for backtesting. MT4 is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with.
MetaTrader 4
And for some more good news, the tools offered by this broker are just https://worldtradex.site/ sublime. There are addons on all platforms to make trading easier, smoother and more successful. As soon as I jonied this company the first thing which attracted me is the worldtradex proprietary trading platform. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.
worldtradex will process your withdrawal within short time and available 24/5. As well always consider overnight or rollover fees as trading costs in case you holding an open position longer than a day. This fee is defined by each instrument separately and you will see it directly from the platform or upon the opening of the trade, see below example with Cryptocurrencies. Also, there are worldtradex entities that are registered in offshore zones alike Mauritius, SVG and Seychelles. While our general recommendation is not to trade with offshore brokers as they simply do not regulate Forex trading, due to worldtradex multiple parallel regulations it is considered to be safe to trade with them.
worldtradex Markets Broker Review 2025
The whole process of withdrawing the amount from requesting the payment until the money reached my card took in approx. This broker has a good turn around in terms of replying when you generate support tickets and they are also good while processing withdraws. The bulk of business derives from HF Markets (SV) Ltd, registered as an International Business Company (IBC) in St. Vincent & the Grenadines, registration number IBC 2015.
worldtradex also provides free services such as Autochartist and premium trading tools. 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. Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother withdrawal process, which can make it faster to some extent, make sure your KYC information on worldtradex (i.e. your personal information provided) is up to date.
Premium Pro account provides access to all worldtradex trading instruments with a minimum trade size of 0.01 lot. Pro account provides access to all worldtradex trading instruments with a minimum trade size of 0.01 lot. The worldtradex Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0. The Premium account provides access to the full range of worldtradex trading instruments, with a minimum trade size of 0.01 lot. Traders using the worldtradex Zero account can choose between the MT4 and MT5 trading platforms.
Cent Accounts allow traders to open positions with smaller amounts of capital, making them ideal for beginners or those looking to trade with lower risk. 🛡️Regulated and trusted by CySEC, FCA, FSA, DFSA, FSCA, CMA🛡️2608 new traders chose this broker in the last 90 days.🛡️Available for global Traders. When I opened the contract, I placed the LIMIT (Take Profit) as well as STOP-LOSS. First of all, we need to alert you that worldtradex is a regulated broker, which means you must still verify your identity before you can activate your real worldtradex account to comply with the law on money laundering. In case you decide to deposit using a wire transfer, worldtradex broker will pay for bank transfer fees in case your deposit is greater than $250. Has many strategy providers and ability copy different signal providers.