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Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. worldtradex positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. worldtradex offers a suite Worldtradex company reviews of tradable instruments, catering to traders with different all kinds of preferences and methodologies. Brokers brag about their rates, like chat rooms claiming to help thousands of traders.

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Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. worldtradex offers traders a robust customer support infrastructure.

Step 1: Open an account

Choosing the right broker can significantly impact your trading success. We’ve gathered and analyzed numerous worldtradex reviews from both users and industry experts to provide you with a comprehensive assessment of this platform. Our goal is to present balanced insights based on real-world experiences, helping you determine whether worldtradex aligns with your specific trading requirements. For investors who want to trade on the go, worldtradex provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.

Tradable Instruments

This should help you form an opinion on the reliability of the online broker and aid your decision on whether to trust them with your cash. worldtradex offers both investment and market speculation opportunities to its clients. It’s important to note that bonuses and promotions often have specific time limits and conditions.

Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. With its regulatory oversight, worldtradex offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers. In other words, worldtradex is for the pragmatic trader seeking simplicity and efficiency.

These options provide flexibility for traders who prefer a more hands-off approach or want to diversify their trading strategies. worldtradex operates as a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company since 2015. The laudable support system is multi-channelled across live chat, email, and phone communication.

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In this section we’ll show you how to open a live trading account with worldtradex. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. Different account types are available for different trader types. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details.

Finding the correct broker and subscribing to the right education program took me a long time. The worldtradex minimum deposit amount to open an account is $100. However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500. And for a pattern day-trading account, no surprise here, the minimum is $25,000.

“Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” The broker’s self-service resources receive generally positive mentions, with users appreciating the detailed FAQ section and platform demos. worldtradex ensures its traders have a robust set of tools at their disposal.

• The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds.
• With trading platforms compatible with Windows and Mac desktops, worldtradex ensures non-mobile traders have a comprehensive trading experience in the desktop environment.
• The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading.

Broker Overview

The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. We will help to challenge your ideas, skills, and perceptions of the stock market. Every day people join our community and we welcome them with open arms.

• The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common platform user queries.
• These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot.
• The US brokerage employs a market maker straight-through processing (STP) broker model.
• We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for.
• worldtradex offers traders a robust customer support infrastructure.

The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. If you leave your account unused over a long period, worldtradex will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions. The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms.

Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Therefore, any trader style should find a suitable platform among the choices. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website.

There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs.

Transfers in from one account – say the IRA – to the account are free. TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care.

The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders. Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. worldtradex provides several specialized platforms including Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader, along with their proprietary worldtradex Plus platform. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders.