worldtradex Group is a highly reputable forex broker, offering services in more than 196 countries. Founded in 2009, the company has made its name through its commitment to customer satisfaction and its wide range of trading instruments. worldtradex supports both beginner and advanced traders with competitive spreads, high leverage, and various account types, including micro accounts and zero spreads. worldtradex, known for its global reach, offers an extensive range of products for traders, including forex, indices, commodities, and shares.
- Mobile users benefit from total trade management without having to sacrifice functionality.
- Credit and debit cards, bank wire transfers and Skrill and Neteller payments are the choices best suited to UK clients.
- When we searched for an alternative to worldtradex, we realized that having various deposit and withdrawal options is crucial when choosing a brokerage.
- One of the prime focuses of MiFID regulatory authorities with worldtradex and other brokers is to ensure retail trader protection in MiFID regulated regions.
- One of the main features of worldtradex is its wide range of asset classes that are available for trading.
- IC Markets is the world’s largest true ECN trading broker offering over 2,000 trading instruments across multiple markets on the most popular trading platforms.
As an award-winning online broker established in 2006, AvaTrade holds regulatory licenses from the Central Bank of Ireland, ASIC, the Financial Sector Conduct Authority (FSCA), and the British Virgin Islands Financial Services Commission (BVI FSC). The broker distinguishes itself by offering an extensive range of trading instruments across various asset classes, including forex, commodities, cryptocurrencies, stocks, ETFs, bonds, and indices. Traders benefit from AvaTrade’s commitment to excellent customer service, with 24/5 support available in multiple languages. The broker’s provision of free educational resources, including webinars and eBooks, further empowers traders to enhance their skills and trading strategies.
Stock CFDs
- In terms of commission for the zero fixed and zero spread ECN account, worldtradex charges $10 per round lot, while share CFD trades are subject to a 10% commission.
- worldtradex became a prominent global broker soon after its launch due to high profile sponsorships from partners that include FC Barcelona and significant welcome and deposit bonus programs.
- If you want to foray into the Middle Eastern markets, ensure your worldtradex alternative brokerage is affiliated with DFSA.
- Analyze a range of top Forex Trading Software that offer similar benefits at competitive prices.
- Founded in 2009, the company has made its name through its commitment to customer satisfaction and its wide range of trading instruments.
- worldtradex is an FCA regulated broker that offers low-fee investing on a wide range of trading products.
A fully guaranteed stop-based loss arrangement (GSLO) is used to help mitigate risk on some financial products. GSLO works like a stop loss, except your trade is guaranteed to close at the asset price you set, regardless of market volatility. worldtradex alternative brokers that support hedging can be useful because they allow traders to open multiple positions on the same financial instrument, both long and short, which can help to offset potential losses and reduce risk. If a worldtradex alternative has a higher required minimum deposit amount before trading, but it has everything you need and more, then trade with them, as long they are well regulated. FXTM, also known as ForexTime, is a broker that has made a name for itself through its competitive pricing and diverse range of accounts.
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I also love how cost-effective this platform is, the broker has beginners in mind. Welcome bonuses are available at worldtradex when you register for a new account. However, they do change over time and vary between countries, so check the current offers available when you sign up. With that said, the brokerage does have plans to introduce MT5 in the future.
Markets & Instruments
A spread trade is the simultaneous purchase of one security and sale of a related security as a single unit. The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.The type of clients they target, i.e. beginners, experienced investors, or day traders. Although worldtradex is a very popular trading site you may be looking for the best worldtradex alternative or best worldtradex competitor trading platform out there right now. If you want to delve into more detail as to what each worldtradex alternative is able to offer, you can learn more about specific features of each worldtradex alternative and competitor further below this worldtradex alternatives guide.
If the financial markets take an upturn, the trailing stop will increase the stop loss amount to that of the set trailing amount. If the market takes a downward sentiment, the trailing stop order stays in place, and your exposure to the market is sold at your trailing stop order amount. A trailing stop order helps you to profit and mitigate against risk when trading the financial markets.You can see how worldtradex compares to some worldtradex alternatives when offering Trailing Stops below. When trading with worldtradex or a worldtradex alternative, you must check and be aware of inactivity fees. Inactivity fees are an amount charged to investors that have not participated in any purchasing or selling actions in their broker accounts to certain volumes over some time. It’s possible to avoid broker inactivity fees by keeping to the withdrawal and deposit requirements to maintain the account.
Trading according to the market analysis has really helped me increase my profit, for sure worldtradex is really the main deal!! There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). If you would like to see worldtradex compared against some of the best worldtradex alternatives available right now you can do so by clicking on the links below. Cryptoasset investing is highly volatile and unregulated in some EU countries. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
Forum, user reviews and feedbacks
All brokers have a maximum trade limit allowing clients to trade, which varies from asset to asset. This Max trade restriction helps limit the potential loss a client can occur.See how worldtradex max trade limits compare with some worldtradex alternatives. Brokers offer lower minimum trade requirements, making trading more accessible to newer traders. If you are looking for a worldtradex alternative with a lower min trade requirement, you can see how worldtradex compares with its competitors. EToro is a multi-asset platform which offers both investing in stocks and cryptoassets, aswell as trading CFDs. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.
Popular Forex Reviews
In this article, we will explore various alternatives to worldtradex, we will examine other reputable brokers that provide similar features and benefits. By presenting these alternatives, readers can make informed decisions when choosing a broker that aligns with their trading preferences and objectives. With competitive pricing, quality research tools, and advanced trading platforms, Forex.com appeals to traders seeking a comprehensive trading experience. The broker’s commitment to customer service shines through its 24/7 support, ensuring that traders receive prompt assistance when needed. With a wide range of tradable instruments and reliable platform options, Forex.com provides traders with the tools and resources necessary to navigate the dynamic forex and CFD markets successfully.
With its status as a low-risk and reliable forex and CFD broker, IC Markets holds regulatory licenses from the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA). Traders are drawn to IC Markets due to its low-cost fee structure, making it an attractive option for those seeking competitive pricing. Additionally, IC Markets boasts a diverse range of investment options and a world-class education online library, equipping traders with the necessary resources to enhance their trading knowledge. The broker’s commitment to excellent customer https://worldtradex.world/ service, simple and user-friendly platforms, and a wide range of investment opportunities positions IC Markets as a top choice for traders worldwide.
They have many years of experience, offering fast and reliable trade execution speeds, tight spreads and award-winning trading platforms. worldtradex is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors. The broker has a good choice of over 300 tradable assets, a variety of account types, spreads from as low as 0.0 pips and excellent support in over 30 languages.