If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. worldtradex recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management.

For more experienced traders, the Premium Account requires a $1,000 deposit and offers tighter spreads, starting from 1.6 pips. The VIP Account caters to professional traders, with a minimum deposit of $10,000 and the tightest spreads from 0.8 pips. Each account type comes with access to MT4 and MT5 trading platforms and a wide range of assets, providing flexibility for all trading styles. https://worldtradex.bid/ worldtradex offers a variety of account types tailored to different trading needs and experience levels.

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. Yes – worldtradex does offer negative balance protection to all users. This ensures traders do not lose more than their initial deposit.

worldtradex also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. We will introduce it in the article below, so if you are interested, please open an account. Once you have registered as a new user, there will be special campaigns held if the timing is right, and you can receive a solid bonus, so it is recommended. The worldtradex Personal Multi Account Manager (PMAM) platform will allow users to manage several forex accounts with ease.

• This account type provides access to competitive spreads starting from 1.8 pips and allows traders to explore the markets with flexible trading options.
• worldtradex offers a multifaceted trading platform, and traders can benefit from its research, education, and strong customer support.
• The mobile offering also comes with the worldtradex Research app which gives users an overview of the financial markets and major news events.
• I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform.

worldtradex: What is copy trading? Explanation of the features of Iron FX and how to trade with your account.

Yes, The worldtradex AutoTrade platform will allow users to copy the best traders’ strategies. worldtradex makes a wide selection of account types available that can be divided into two main groups, Floating/Fixed Spread Accounts, and STP/ECN Accounts. The worldtradex Personal Multi Account Manager (PMAM) platform will allow users to manage several forex accounts with ease. worldtradex makes the market-leading MetaTrader4 trading platform available.

A significant advantage of the web-based platform is its easy access to trading tools and real-time market data, which can enhance your decision-making process. The intuitive design Worldtradex review ensures that you can navigate seamlessly and execute trades efficiently, while also providing the capability to manage multiple accounts with ease. worldtradex allows you to use leverage in trading and has a variety of account types, including accounts with deposit bonuses when opening and accounts with narrow spreads. There are a total of eight account types, allowing users to trade in a variety of ways depending on their needs. Here we will introduce each account type and compare the spreads. To open an account with worldtradex, traders must complete a few key steps.

MetaTrader 4

Opening an account with worldtradex is a straightforward process. First, visit the worldtradex website and click on the “Sign Up” button. You’ll need to provide your personal details, including name, email address, and phone number. After that, create a secure password to access your account. Once verified, you can select your account type and make your initial deposit. The minimum deposit starts at $100 for the Micro Account, and your account will be ready for trading.

Features of 8 account types

First, you need to provide personal information, such as your name, email, and contact details, along with creating a secure password. The minimum deposit varies based on the account type, starting at $100 for the Micro Account. Completing these requirements is essential to ensure compliance with regulatory standards.

worldtradex Account Types Guide 2024: Which Trading Account to Choose?

It offers competitive spreads and a wide range of tradable instruments, catering to both beginners and skilled traders. Backed by strong regulations, clients can trade with confidence. Despite some limitations, worldtradex is a sensible choice due to its features and welcoming interface.

Payments typically take up to 24 hours, though wire transfers may take up to five business days. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). You can also trade with positions in virtual currencies. Analyze the market price on the page and try your luck right away. Volatility is high at the moment, so trade according to your level.

• STP/ECN accounts have narrower spreads than live accounts.
• Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.
• But the bonus system has given me trouble—didn’t always work like I thought it would.

The mobile offering also comes with the worldtradex Research app which gives users an overview of the financial markets and major news events. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. Overall, spreads and commission fees are competitive. If you are looking to open an account and start trading, FX is the recommended brand.

Legal Documents

You can receive a bonus when you deposit, and you can take advantage of the narrow spread. Absolute Zero accounts cannot trade stocks or futures. The margin call is set at 100% and the stop loss level at 80%, so it is not suitable for high leverage trading.