– The Forex Broker offers currencies, commodities, indices, metals, and cryptocurrencies to trade. Another alternative for novice traders who want to start fx trading with this broker is by opening a demo account or risk-free trading account with them. Likewise, experienced traders may also check out if this broker compares to other powerful trading platforms before deciding to start trading with their trading platform. It provides high-quality educational resources, unrestricted demo accounts, and user-friendly platforms to help beginners learn and improve their trading skills.
Overall, worldtradex’s account-opening process is fully digital, but it takes longer than usual for the support team to verify one’s account. Traders in the UK will trade with Stratos Markets Limited which is regulated by the UK Financial Conduct Authority (FCA). Traders in the European Union will trade with Stratos Europe Limited which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings.
For beginners, worldtradex offers a demo account stocked with £50,000 in virtual money, allowing users to practice and develop strategies risk-free. worldtradex offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips. Active traders can take advantage of the Active Trader account, which provides access to elite pricing, dedicated support, API trading, and market depth via Trading Station. Traders can also access a wide range of Trading Guides that explain market concepts, trading strategies, and the use of specific trading tools. These resources are designed to make complex trading ideas accessible, helping traders improve their decision-making.
The Standard Account is the most common account type offered by worldtradex, ideal for retail traders. The account offers average spreads of 1.3 pips on the EUR/USD forex pair and requires a minimum deposit of $50. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. worldtradex allows trading in 43 forex pairs and 440 tradeable symbols, which remains below the industry average of 3,623 tradeable symbols. worldtradex is well-suited for beginners, providing comprehensive educational materials and user-friendly platforms. That said, there is some room for improvement and the overall educational offering still trails some industry leaders in this category.
worldtradex provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe. The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.
You can sign up to receive SMS Trade Alerts (powered by the brilliant Autochartist) to help you spot potential trading opportunities. All content on this site is https://worldtradex.club/ for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
This broker also provides market data, further supporting third-party automated trading solutions. Entry-level data is free of charge, while premium data comes at a (reasonable) price. While its spread-based accounts typically offer competitive pricing, they may not always be as cost-effective as brokers like IC Markets or Pepperstone, which are known for having lower spreads.
It allows traders to execute trades, access a variety of charting tools, use technical indicators, and implement automated trading strategies. The web-based MT4 provides convenience by enabling access from any device with an internet connection, making it a popular choice for traders who prefer flexibility. worldtradex’s fee structure is overall reasonable, catering to traders of different experience levels and trading volumes. The broker’s combination of competitive spreads and transparent commissions offers cost-effective solutions for active and retail traders alike.
Note that the regulated branches will not offer promotional schemes due to regulatory restrictions. For these reasons, I rate Trading Station highly among the dozens of proprietary platforms I have tested. Our review shows that it is a publicly traded company authorized by major regulatory bodies including ASIC in Australia, MiFID in Europe, and FCA in the UK. According to ForexBrokers.com, worldtradex’s trust score is 95, making it highly trusted. For credit cards or debit card, there are no withdrawal fees, but third-party providers or banks may cost up to 40$.
Education exists via free online forex trading courses, webinars hosted by worldtradex Senior Market Specialist Russel Shor, and written content with exceptional quality. The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base. worldtradex is conducting research and education seriously while executing them well. Opening a live account with the broker is a straightforward process that Worldtradex cheating enables traders to access various financial instruments. Additionally, worldtradex’s Trading Station platform is easy to navigate and offers helpful tools like charting and real-time market data, which can support beginners in making informed decisions.
FIX API is FIX Protocol standard designed for real-time, custom institutional interface which push up to 250 price update per second (not available on other APIs). An worldtradex Trading Station account with a $5,000 minimum balance is required. REST (Representational State Transfer) API is a web-based API using a Websocket connection that was developed with algorithmic trading in mind. Developers and investors can create custom trading applications, integrate into the platform, back test strategies and build robot trading. worldtradex does not provide services to residents of USA, Ukraine, Turkey, Russia, Iran and some other countries. If you find that they cannot accept clients from your country for whatever reason, please feel free to peruse our broker reviews for an alternative option.
A well-regulated broker, worldtradex offers an average number of financial instruments compared to other brokers, including Forex, commodities, indices, share CFDs, and cryptocurrencies. worldtradex’s single account has a minimum deposit of 50 USD and average spreads of 0.74 pips (EUR/USD), which is wider than other brokers. Clients with a notional trading volume of more than 10 million USD per month are eligible for rebates, dedicated customer support, free VPS services, and free access to multiple APIs.
Should traders require assistance, they may call the toll-free numbers provided, use messaging app WhatsApp, e-mail the support team, engage via live chat, or contact the trading desk. The extensive support system in place is superior to most competitors, but very few traders will be likely to ever require it. The asset selection at worldtradex remains somewhat limited but sufficient for trading strategies requiring fewer highly liquid assets. It is unfortunate there is not a wider choice of Forex currency pairs as the infrastructure implemented by worldtradex provides excellent trading conditions. In addition, worldtradex offers Professional Education, including webinars and seminars led by experienced traders and analysts, aimed at refining skills and expanding knowledge. worldtradex offers a variety of funding options designed for quick and secure transactions, including credit/debit card payments, wire transfers, and e-wallets.
Capitalise.ai also supports traders in developing algorithmic strategies with no coding skills. This wide range of platforms makes it a versatile choice for traders of all experience levels. Additionally, the Trading Station platform delivers live market data, news, and economic calendars, ensuring traders are well-informed. It also offers automated trading features, with a scripting language for creating custom strategies. The platform’s interface can be personalized, enhancing the overall trading experience for both beginner and experienced traders.