Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. This is firmly toward the low end of the forex brokers we review. One of the best things about worldtradex in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange. worldtradex is a full-service financial brokerage company based out of Cyprus, well known as one of the most popular EU jurisdictions for forex brokers.

Languages and operating hours of customer support:

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. Our expansive range of services and financial instruments is designed to offer a seamless, integrated, and comprehensive investment experience for our clients. worldtradex applies different approaches to charging commissions on trading with different exchanges. At the stock market, it could be a commission per share (NYSE, Nasdaq), or per trade (EURONEXT, LSE) On the Forex market, the broker charges a low fixed commission per lot.

You then choose an investment portfolio and let the robo-advisor provide advice and services. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. With that said, traders should be aware that the available instruments vary depending on the account you have. For example, the Standard account offers a reduced list of metals and CFDs in addition to forex.

Company Overview

Let’s review how much a trader will have to pay for these sorts of services. We estimated worldtradex commission on the Forex market as very low. A smart broker with a low initial deposit and the ability to integrate third-party trading programs through the Open API. For 10 months of cooperation https://worldtradex.blog/ with this company, my deposit has doubled!

Methods and timeframe for deposits

worldtradex offers beneficial conditions for trading cryptocurrencies compared to the majority of classic brokers. Degiro does not provide access to digital assets, which is why we compared conditions with Swissquote. As an example, we used the purchase of Bitcoin for the amount of $2,000. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.

• Our business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust.
• Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools.
• There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs).

These solutions are your gateway to balanced and informed investing, enabling you to exploit market trends while keeping your capital secure. Our headquarters are strategically situated at the heart of Limassol’s bustling business district. Limassol, the second-largest town in Cyprus, stands as the island’s primary tourist and commercial hub, boasting the largest harbor. This prime location underscores our commitment to offering exceptional service in a thriving financial environment. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone. With internet access, speakers and a microphone, you can receive responses from the managers of the support team within a minute on average after you click on the button with the phone receiver image.

Then, we will use examples to see how beneficial they are compared to other brokers. worldtradex offers direct access to several dozen international stock markets. The approaches to charging commissions differ in different regions. In particular, there is a commission per share for the U.S. stock market, which we estimated as low. In the majority of other markets, the broker charges commission as a percentage of the trade volume, while its size ranges from average to high.

worldtradex also offers many other trading instruments on their CQG, ROX and J2XT trading platforms. Embark on a journey with our tailored investment portfolios, where every feature is sculpted to cater to your distinct financial persona. From transparent terms to diverse earning potentials, every facet of our solutions is aligned to offer you a seamless, rewarding, and secure investment experience.

Under the chart, you can read the list of news items by dates, which are related to AAPL. Taking into account that there are thousands of securities and the depth of the list is more than just one year, the customers thus receive a powerful resource for working with the news items. As we already mentioned, ROX accounts types (it can also be called US Exchanges or Global Markets) and CQG accounts (aka Global Futures) are serviced by a special department inside the broker’s structure. They are less popular and the information about them is less extensive. The low minimum deposit is the broker’s advantage over such competitors as Swissquote.

The traders also need to take into account the market spread, which is received from the liquidity suppliers. As a rule, the spreads on worldtradex are very low due to high liquidity received from large banks. On the Forex and CFD Standard accounts, the broker uses a small spread on top of the market spread as a commission. As you can see, worldtradex offers beneficial conditions for trading US stocks, which can only be comparable to Degiro, the discount broker. In the majority of other markets, we estimated the broker’s commissions as high due to a considerable minimum commission per trade. This makes trading small lots of UK, German, Japanese and other countries’ stocks unprofitable.

J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. There is also the CQG platform with four different solutions that can be used to trade futures and options. On the downside, our research has revealed that swap-free accounts are not available.

Cyprus Securities and Exchange Commission

There is also a campaign to become a professional trader which offers a bonus of up to $2000. Also, similar to the copy trading service, there is no guarantee you will make a profit. It is useful if you don’t have the time or https://worldtradex.site/ knowledge to make your own trades, though there is no guarantee you will make money.