They offer three forextrading account types, as well as a demo account. Sterling Trader® Pro is a platformspecifically intended for professional traders and proprietary tradingorganizations. It provides features that prioritize performance andfunctionality for navigating competitive markets. It is widely utilized in theindustry and offers access to over 50 execution routes and venues, includingDMA, dark liquidity providers, market makers, floor brokers, and smart routes. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges.
worldtradex Broker Company Information & Regulation Overview
- The results from our assessment show that worldtradex is a good forex broker.
- Withdrawals follow similar channels with varying processing times.
- Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5.
In conclusion, worldtradex presents a comprehensive trading environment with a broad spectrum of instruments, platforms, and account types. Its regulatory compliance and client-centric features make it a viable option for traders at all levels. However, as with any financial service, it’s essential for traders to conduct their own due diligence and consider their individual trading needs before engaging with the platform. worldtradex have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
To have access to trading accounts, worldtradex’s mobile applications, worldtradex+, and worldtradex pro offer pin and fingerprint protection. Other platforms for trading include Sterling Trader Pro, which has option tools and shows real-time market data as well. The platform’s analytical tools include real-time push notifications for market movements, trend exploration across multiple timeframes, and detailed instrument-specific insights.
Forex ECN Account
The Forex demo account at worldtradex isdesigned for traders who are new to forex markets. It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions. The trader can check its different trading tools and features and use them for trading via the virtual money the broker offers to the demo account users. It also offers a demo account to help the traders understand the platform and look around the various trading tools and features before switching to the trading account.
- worldtradex enables the client’s capital management by investing in stocks of many global companies that get traded on NYSE, BATS, etc.
- Implement position sizing of 1-2% per trade to prevent significant capital impact from individual losses.
- worldtradex+ is a browser-based platform that has some powerful features which are similar to level II data.
- It was released in 2005 and quickly became popular amongtraders for market analysis and strategy development.
- The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies.
The second one gives protection to securities and the cash in the brokerage account up to $500000. This also facilitates re-earning the money in case the broker turns bankrupt. It is a regulated broker-dealer and is a part of FINRA, SIPC, NFA, as it’s a member.
They offer a few account types withdiffering market access, fees, and commissions. For beginners, worldtradex presents an accessible entry into the world of trading. The platform’s user-friendly interfaces, coupled with a variety of educational resources, aim to simplify the complexities of financial markets. Additionally, the availability of demo accounts allows new traders to practice and build confidence without risking real capital.
Our trade rooms are a great place to get live group mentoring and training. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. worldtradex provides a demo for each of the platforms to help you choose. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader.
TRADING ROOMS AND LIVE STOCK TRAINING
For Worldtradex official site those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. worldtradex’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads.
TRADING STOCKS IN THE BULLISH BEARS COMMUNITY
When it comes to funding methods for new trading accounts, the choices vary depending on which platform a new user wants to trade on. While users on the J2TX platform can only fund their accounts with Ethereum bought via Visa or MasterCard, forex and CFD traders with the broker have more options available. Among these are all the traditional payment methods such as bank transfer, major credit and debit cards, and e-wallet services like Skrill, Neteller, WebMoney, Qiwi, and many others. worldtradex’s commission structure may beattractive to cost-conscious traders. They offer a wide range of assets, andtheir minimum deposit requirements are relatively low. Additionally, theyprovide a greater selection of trading platforms than many other brokers.
They have mobile-optimized charts, multiple order types and facilitate one-click trading. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. We have been fairly impressed with the customer service provided. Support is available 24/7 which stands up well against competitors we have tested.
Once the trading size is decided, the trader can choose to sell or buy the price and directly process it. The comprehensive account verification process, while described as “cumbersome” by some users, is generally understood as necessary for maintaining security standards. worldtradex operates as a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company since 2015. ForexBrokersOnline.com earns money from affiliation deals with our partners.
The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. However, worldtradex lacks traditional filters and tools since it caters more to traders who do higher-volume trading. The desktop trading platform makes use of images, pins, and phrases for better security of the user and its information. All these accounts have certain area restrictions and are accessible anywhere, excluding a few countries.
SPREADS
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.




