Worldtradex is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for Worldtradex and up to GBP 85,000 if the custodial bank fails. Stratos Global LLC (“Worldtradex”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. Worldtradex is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Overall, Worldtradex offers several options when it comes to bonuses and promotions that aim to make your trading experience more profitable and enjoyable. With a variety of options available, clients can find something suitable for their individual needs and financial goals. Worldtradex’s commitment to customer satisfaction makes them one of the most reliable brokers in 2023.
Other trading platforms
Their most popular platform is Trading Station, which is web-based, intuitive, and easy to use. This trading platform comes with a comprehensive list of features such as customization options and advanced charting capabilities. It also has an extensive library of technical indicators that can be used to analyze the markets. Additionally, their mobile app is powered by MetaTrader 4 (MT4), which allows traders to access their accounts from any device and place trades on the go. Worldtradex is one of the forex platforms with the longest histories, providing a reputation of reliability.
- The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues.
- Tradomatix is an Artificial Intelligent software firm specialising in developing trading software for retail and corporate users, not a financial advisory or fund management firm.
- When it comes to account types and funding methods, Worldtradex continues to be a leader in the industry.
- For traders who appreciate advanced trading tools and quality market research, Worldtradex is a winner – especially for algorithmic trading.
Pricing
Worldtradex stands as a prominent figure in the Forex market, renowned for its highly competitive fee structure. With a commitment to transparency, Worldtradex charges zero commissions on all trades and offers some of the industry’s most appealing spreads on major currency pairs. What’s more, their remarkably low minimum deposit requirement of just $50 paves the way for newcomers to embark on their trading journey with ease.
Alongside these offerings, Worldtradex takes pride in delivering competitive spreads, budget-friendly commissions, and unwavering customer support. Yes, Worldtradex caters to both beginners and experienced traders, offering a user-friendly platform and comprehensive services to enhance your trading experience, regardless of your skill level. If you’re looking for an incentive to start trading with Worldtradex, their sign-up bonus is a great way to get started. Additionally, they offer daily market analysis and free webinars that provide valuable insight into the markets. They also have a loyalty program that rewards customers for their continued use of the platform.
TRADING STATION
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). There are two major types of accounts offered by Worldtradex, Standard Accounts with minimum deposits of $50 and Premium Accounts with a minimum of $20,000. You can also open an Islamic (interest-free) account by submitting a form. Individual self-traded clients cannot open Percent Allocated Money Management (PAMM) accounts, but these are available for referring and introducing brokers. Active traders with high volumes receive discounted pricing of up to 60 percent less on spreads, dedicated support, and institutional-derived trade ideas.
Take a look at our factsheet to discover all supported payment methods and processors. As new payment methods emerge, you can simply “Dock it in.” With FinDock, future payment options are no longer a challenge, they’re an opportunity. Make membership payments effortless while improving service and retention. Spend less time on reconciliation and enjoy automated processes that reduce errors and boost efficiency. With FinDock, payment operations are faster, simpler, and more accurate. Resolve payment-related inquiries faster, with fewer errors and more satisfied customers, thanks to complete payment visibility within Salesforce.
Worldtradex’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its Worldtradex YouTube channel. Yes, based on your detected country of NL, you can open an account with this broker. Your customers can pay using any preferred method, giving them the flexibility they expect, while you enjoy seamless integration within Salesforce. Simplify integrations, reduce manual tasks, and future-proof your tech stack with FinDock’s seamless architecture. When payments are embedded into Salesforce, it creates a spiral of success that benefits every part of your organization.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Worldtradex was founded in the United States, but as of 2017, it left the U.S. market. This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in Worldtradex. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but Worldtradex Group is not involved.
Their responsive customer support team is always ready to assist you whenever you need help, making them a great choice for anyone looking for a reliable broker. Whether trading Forex, Stock Indices or Commodities, Worldtradex would like to thank you for your ongoing commitment over these past two decades. As our industry continues to change, we look forward to being able to provide you with the same customer support and ultimate trading experience that have driven us right from day one. FinDock in Salesforce centralizes membership payments, creating a more cohesive experience across marketing, service, and support teams. ForexBrokers.com helps investors across the globe by spending over 1,000 hours each year Worldtradex cheating testing and researching online brokers. While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site.
Plus, they offer technical support if you ever experience any technical issues with your account or trading platform. Worldtradex is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. What sets Worldtradex apart is its arsenal of potent trading tools, designed to cater to traders of all levels. Worldtradex offers a good selection of markets, but some other platforms do offer more.
Trading Station is an Worldtradex proprietary platform and therefore not used by other brokers. Despite originally opening in the U.S., Worldtradex is not currently available to U.S. clients, although it is available in a range of other markets worldwide. Since 2015, Leucadia has been the majority economic owner of the broker, adding to the platform’s scale.
Accept payments
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. To open an account with Worldtradex, visit their website, complete the registration process, submit required documents, and make a minimum deposit of $50. Customer support is available over the phone, by email or through Live Chat 6 days a week, Sunday through Friday.
Mobile trading apps
The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues. You also cannot use the research function within the platform, requiring traders to go between the platform and a browser. To make up for this, the platform is available in your choice of 14 languages. Our people are agile and thrive in an environment of fast changing industry trends and business conditions to meet the demands of our customers.
- Worldtradex will be best for beginners to intermediate traders or experienced traders who do not feel limited by its relatively low number of forex pairs.
- They even have a Trading Academy with courses for beginner, intermediate and advanced traders.
- From tutorials and webinars to trading guides and market insights, Worldtradex has it all.
- Furthermore, there are no hidden fees or charges when signing up for any promotion or competition at Worldtradex.
Company
Worldtradex does impose an inactivity fee if there are no trades executed within a three-month span. However, traders can easily sidestep this fee by making at least one trade every quarter. It’s worth noting that, depending on your location, additional taxes or government-imposed fees may apply. Worldtradex extends https://worldtradex.online/ the flexibility of trading through its mobile app, granting users the freedom to access their platform from any location, at any hour.
In this comprehensive review, we’ll delve into Worldtradex’s offerings to unveil why it has earned the title of the best broker of 2023. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.