As a trader, you will find a range of features available at worldtradexFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an worldtradexFX trader. Unlike most brokers, worldtradexFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with worldtradexFX. They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up https://worldtradex.blog/ fee to cover for the rollover fee which is not in place.

The platform supports trading in Forex, indices, and cryptocurrencies. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector.

• With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators.
• However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly.
• Of the 10 languages that are catered for, 8 are Asian.
• At worldtradex there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and worldtradex conditions better.
• On the negative side, traders should make sure to check the proposals, as worldtradex is an international brand and a Cyprus one offers slightly different conditions.
• The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily.

Charting and Trading tools

Recognized as a reliable broker as worldtradex operates for many years, it is fit for most traders, especially International traders since worldtradexFX proposal internationally is much wider and better quality too. Forex robots are ideal helpers when you need to evolve your scalping techniques and stop making manual decisions. Once you open numerous short-term orders, the most important thing is to close the orders with proper timing. That is where robots come in, providing accuracy in Forex and index trading.

Indices

In fact, the platform and broker have won many awards for this service. This means their execution speed will be lightning-fast. You can expect market execution to happen in under 0.1 seconds. The spreads when trading here are also kept as tight as possible.

For instance, the EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders once your predetermined trading indicators are reached. MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS. MT5 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation.

The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. worldtradex ensures traders’ easy access to help by offering several lines of communication. Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. Traders can email the support staff at for non-urgent questions. worldtradex is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account.

What Type of Broker is worldtradex?

This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons.

worldtradex MobileTrader App

On the negative side, traders should make sure to check the proposals, as worldtradex is an international brand and a Cyprus one offers slightly different conditions. While obviously, worldtradex Cyprus is more trusted, the international proposal features more comprehensive tools and conditions along with education and research materials and MT4 availability. At worldtradex, we strive to offer the best trading conditions.

MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one. For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text. We are constantly improving our product to make your trading experience better. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported. The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.

It includes 21 timeframes and over 80 technical indicators, therefore enabling thorough market analysis. With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders. To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types.

All indicators come with release time, priority, and previous values. There is color coding to demonstrate the difference in expected values and actual values of the indicators. worldtradexFX provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages. Of the 10 languages that are catered for, 8 are Asian. In addition to the markets offered, as an worldtradexFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location.

The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes. MetaTrader 5, or MT5, is a next-gen multi-asset trading platform that will replace MT4 in the very near future. Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. A similar graphical interface to MT4 will help you get used to the platform quickly, while unique MT5 integration with centralised exchange enables traders to trade commodities and indices in addition to Forex. Market volatility presents several attractive profit-making opportunities when you use Forex robots, as they provide https://worldtradex.site/ greater accuracy and speed in trading.