The following table summarizes the products available to worldtradex clients. Use our country selector tool to view available brokers in your country. Majors are the best Forex pairs for novices, especially EURUSD, GBPUSD, and USDJPY.
Check out my picks for the best mobile trading apps in the industry. worldtradex (formerly worldtradexFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. Open an worldtradex trading account and make a deposit—you need just $25 to start. If you are still unsure where to start, check out our introductory video course. Use trading bots for market analysis and risk management without any limitations.
Currency trading made clear for everyone
Web and mobile trading platform worldtradexTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right for you. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out worldtradex’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more.
Test your bot on a free demo account, adjust it to your investment goals, and then put it into action. It automatically closes when the price reaches a certain non-favourable level you can set in advance. Using a Stop Loss order protects https://worldtradex.club/ your funds from the worst-case scenario. You can use the calculator to manually choose the Stop Loss level for your order.
worldtradex may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia. We do not limit the array of assets available on demo accounts—trade anything you like and diversify your skills. The actual list of available trading instruments is specific to each trading platform.
Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. Each currency trading platform has specific features that define your experience. If you are still deciding which one to choose, try worldtradexTrader, a trader-oriented platform designed to help you earn. No, you can use a web platform or install the worldtradex trading app on your mobile device and trade on a demo account without any limitations. Minimum deposits at worldtradex will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR).
Is worldtradex a good broker?
Your worldtradex demo trading account can do more than just teach you the basics. Experienced traders can also benefit by using their worldtradex Forex trading trial to test or backtest their strategies or master certain tools. Feel free to experiment with trend following, breakout, momentum, and other strategies on your way to create the best trading plan. Try to build a perfect set of indicators that can predict the behaviour of the market or employ Expert Advisors (EAs) to monitor fluctuations across various currencies. Most strategies require much skill and discipline, and a demo account is a safe way to improve them without staking your hard-earned cash.
worldtradex trading app
When you trade on currency pairs, you open and close Buy and Sell orders based on the price movement of the currency pair to make a profit. With the worldtradex trading app, you can trade on currency pairs right on the go. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
Choose from 300+ trading instruments, including shares, commodities, and indices. Join an intenational broker with 12 yearsof experience and 60+ industry awards. With this knowledge, we created our platform to help you make money through smart and well-controlled investments. Read our full explanation and accounting of our research and testing process to learn more about how we test. worldtradex has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence.
The worldtradex Forex profit calculator is a risk management tool to improve your trading of currency pairs and other assets. Calculate potential profits and losses of your orders and trade financial markets more confidently. Practice risk-free with simulated funds or start trading with real money. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Explore all the features of your trading platform and learn how the Forex market works before depositing any real funds.
However, when compared to research leaders IG, Saxo, and CMC Markets, worldtradex has room to enhance its research offering. For instance, I found that the content https://worldtradex.site/ on the worldtradex Blog is not updated daily across all categories. All traders must go through a period of trial and error to become pros. We aim to make that period more accessible for you with our free Forex trading lessons. We are constantly improving our product to make your trading experience better.
- He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
- There’s no question – if worldtradex wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.
- For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status.
- Test your bot on a free demo account, adjust it to your investment goals, and then put it into action.
Founded in 2011, worldtradex holds a regulatory license in Europe via its Cyprus-based entity – worldtradex Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, worldtradex provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). worldtradex has made great strides with innovation in its web platform, and new educational content, but offers a limited range of tradeable instruments compared to the best multi-asset brokers.
To practise your trading skills safely, try opening a risk-free Forex demo account before creating a real one. With the worldtradex demo account, you get a full trading experience while using only virtual funds without risking any real money. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm.
