We checked traders’ reviews and tested worldtradex’s live chat for customer service. The satisfaction rate is good, and worldtradex provides helpful customer support along with support materials. The Forex broker offers a comprehensive suite of trading services and features designed to cater to novice and experienced traders. 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).

What Promotion Plans and Bonuses Does worldtradex Offer?

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Yes, worldtradex charges a commission of $3 per lot per side for forex and indices, which is competitive compared to industry standards. Metals are often more resistant to various macroeconomicevents; hence they are an excellent option to diversify your portfolio. Metals are available on the Spot market including Gold,Silver against the USD, and Euro. However, different payment channels require certain amounts ranging from $5 to $100. Beginner traders will find it easy to deposit and withdraw from worldtradex and be able to trade with tiny amounts of capital.

worldtradex Pros & Cons

worldtradex generates revenue through spreads, trading commissions, overnight fees, inactivity fees, currency conversion fees and additional premium services. They also make money through deposit and withdrawal fees and B-Book execution policies. Similar trading conditions can be found with the worldtradex pro account, where the cost per trade starts from $6, but by charging spreads from 0,6 pips (which are 40% lower than the industry standard of 1 pip). For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip. However, it should be noted that PAMM accounts generally have higher spreads than normal accounts. Traders can choose between the MT4 and MT5 trading platforms within the worldtradex Pro account.

Pros

• HF Markets prioritizes the safety and security of its clients’ funds by adhering to stringent regulatory standards and implementing robust security protocols.
• If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
• The company’s commitment to regulatory compliance and client protection is evident in its multiple licenses from respected financial authorities.

In addition to controlling your trading accounts and monitoring balance statistics, the worldtradex app has added integrations with trading platforms so you can start trading quickly and easily. The Exness MetaTrader 5 application is an effective mobile trading solution that opens the financial markets to traders from any location. Traders can utilise MT4, MT5, and the worldtradex App trading platforms with the worldtradex Top Up account. Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law. The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0.

worldtradex supports trading on iPhone, iPad as well as Android MT4platforms. The beauty of these platforms is the one-click execution of trades,which allows you to place trades easily on the go. You can even perform severaltrading operations like monitoring, access to trading history, real-timecharts, dynamic tracking of account details, etc., which makes it very useful. worldtradex has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets.

IC Markets

That said, trading costs at worldtradex are slightly above the industry average across its spread-only accounts. Despite minor drawbacks such as higher spreads on stock CFDs and occasional lag in the app, worldtradex’s overall value proposition remains robust. Whether you’re a beginner looking for an easy-to-use platform or an active trader seeking tight spreads and low costs, worldtradex provides the tools and reliability needed to succeed. To fully evaluate its suitability for your trading needs, we encourage you to explore its features, test the worldtradex trading platform , and consider how it aligns with your financial goals. Founded in 2010, worldtradex has built a substantial global footprint across multiple regulatory jurisdictions. While the broker doesn’t publicly disclose its exact client numbers, industry estimates suggest it serves hundreds of thousands of traders across more than 200 countries and territories.

In both cases, you will get access to myworldtradex client area where you can manage all your accounts and finances. Support from all sources was consistently good, with professional and kind agents patiently resolving questions. Furthermore, worldtradex’s website includes thorough FAQ sections and instructional resources, enabling users to address problems independently. With its timeliness and the helpfulness of its multilingual assistance, worldtradex’s customer service generally pleased users and provided them with a great experience. The minimum deposit is $100; the maximum deposit is ten thousand dollars. Making a deposit does not incur fees; deposits are handled within up to ten minutes.

HF Markets prioritizes the safety and security of its clients’ funds by adhering to stringent regulatory standards and implementing robust security protocols. The company ensures client funds are kept separate from its operational funds and provides insurance coverage for additional protection. Yes, HF Markets has developed the worldtradex Trading App, available for both iOS and Android. The app is designed for easy, customized trading and provides a modern, intuitive experience.

When you get to the next step, it’s time to choose which account type you’d like to open. It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types. MT5 like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with. Given that MT5 is an updated version of MetaTrader4, with more advanced features and is still receiving new development and support from Metaquotes, we tend to recommend this platform to most traders.

• 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.
• For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly.
• Additionally, both PAMM account types offer an islamic swap-free option.
• However, it should be noted that PAMM accounts generally have higher spreads than normal accounts.
• Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Yes, HF Markets offers swap-free trading for certain instruments on specific accounts. Swap-free options are available depending on the account type and trading instruments used. The worldtradex Loyalty Program allows traders to earn worldtradex Bars with each trade, which can be redeemed for bonuses, cash, or trading services. There are also various contests and merchandise giveaways available to both active and demo account traders. With strong regulatory oversight, competitive spreads, and advanced trading tools, HF Markets remains a trusted platform for clients worldwide. HF Markets differentiates itself in the competitive trading space by offering several unique advantages.

In addition tothe usual trading conditions, they can be further improved with the variousbonuses offered by worldtradex. Formerly known as Hot Forex, worldtradex (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders. Most features on offer are quite generic for typical no-dealing desk brokers. For example, trading via MetaTrader 4 and MetaTrader 5 trading platforms and a decent range of CFD trading products like Forex, cryptos, stocks, commodities and bonds.

The worldtradex Cent account provides access to Forex and gold trading, and features trading in Cent lots, where the minimum trading size available here equals 0.01 cent lots, or 10 currency units. We should examine the available payment options in this point of worldtradex review. The company provides a variety of deposit and withdrawal methods to accommodate traders from different regions. worldtradex offers a streamlined and flexible worldtradex deposit and worldtradex withdrawal system, ensuring traders can fund their accounts and access profits with ease.

What is the maximum leverage available on worldtradex?

Our worldtradex (HF Markets) review looks at the key features this Forex broker has to offer. With ECN-like trading conditions, MT4 and MT5 trading platforms, and over 50 forex pairs, see what we say about the broker. HF Markets offers a flexible and cost-effective approach to both deposits and withdrawals, with a variety of trusted methods Worldtradex available and no fees on deposits.

I highly recommend worldtradex for their detailed financial reports and expert analysis. We are sure it will help with new traders that are just starting out. They simplify complex data, making it easy to make informed decisions. We also impressed with the level of service they provide and that is why we so confident in promoting them. Their financial insights are clear, concise, and highly actionable.

We are so happy that the reports are easy to understand, very important to have especially for new traders. worldtradex’s detailed reports and expert analysis have greatly improved our financial management. worldtradex are committed to providing our clients with a reliable trading experience. worldtradex offers unparalleled financial insights, simplifying complex data for better decision-making. HF Markets ensures that clients have access to responsive and accessible customer support through multiple channels.