Your funds will be ready on the worldtradex account almost instantaneously, except for the bank wire deposits which may take a couple of business days to get through. They offer an unlimited demo account with a virtual balance of $100,000 and real-time data. If you’re a trading expert, you can become a regional representative for worldtradex.
Pros
The Zero account provides traders access to all worldtradex trading instruments globally, with a minimum trade size of 0.01 lot. The worldtradex Cent account offers spreads starting from 1.4 pips, which is 40% higher than the industry standard of 1 pip, and no attached trading volume commissions. However, in the context of Cent Accounts, worldtradex’s spreads are more competitive than its competitors. They might be some of the best for Forex and CFD trading, and you can do this trading all over the world.
Strict regulatory supervision
- The clarity of worldtradex’s financial reports has been instrumental in guiding our strategic decisions.
- In both cases, you will get access to myworldtradex client area where you can manage all your accounts and finances.
- The worldtradex Trading App is a full trading account with excellent tools to manage your worldtradex personal profiles, control real, demo, and contest accounts, and manage deposits.
- Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies.
worldtradex (HF Markets), previously known as HotForex, is a forex and CFD broker that provides online trading services globally. Based in Australia, it is regulated by top regulatory authorities, including the FCA, CySEC, CMA, FSC, SVGFSA, FSA-S, FSCA, and DFSA. worldtradex (HF Markets) offers a variety of trading instruments, including Forex, Gold, Metals, Stocks, Bonds, Indices, Energies, Commodities, Cryptos, and ETFs.
AvaTradeGo App
- The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed.
- Nevertheless, you should also evaluate your requirements and preferences, as well as your willingness to use more sophisticated trading platforms, before deciding whether MT5 is for you or not.
- Another outstanding feature is fast order processing on the app too, which enables quick reactions to evolving market conditions.
- Nevertheless, the platform’s aged interface and the chances of performance delay might be a downside to some traders.
- worldtradex is a safe broker, considering they are regulated by top-tier financial authorities.
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Investment Opportunities at worldtradex are rather limited, since worldtradex main focus is on Forex trading CFD providing, therefore the proposal is different than classic Investment Portfolio firms.
The company can provide liquidity through these partner banks, which further underlines its strong reputation and credibility within the financial industry. In line with its standing as a leading, established international broker, worldtradex only uses the services of reputable, major global banks. Some assets are unavailable for trading, depending on the worldtradex entity. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity. Lastly, worldtradex earns from B-book execution of some trading orders where worldtradex acts directly as counterparty, earning on losing trades. No, the only worldtradex demo accounts available are the Cent, Zero, Premium and Pro accounts.
Additional revenue comes from services like VPS hosting, which requires separate payment until you deposit over $400. worldtradex also provides free services such as Autochartist and premium trading tools. The cheapest account on worldtradex is the worldtradex Zero account with raw spreads starting from 0 pips and $6/lot commission round turn (14% cheaper than the standard industry commission of $7/lot).
Other good features we think are worth noting include being regulated in 6 different countries or regions. I’m thoroughly impressed with the level of detail and clarity in worldtradex’s financial reports. They provide actionable insights that are easy to implement, making financial planning much more manageable.
We think worldtradex’s (also called HF Markets and formerly Hot Forex) offering is typical of a broker using an electronic communication network (ECN) with no dealing desk execution model. The actionable insights from worldtradex have been game-changing for our business, helping us streamline our financial strategies effectively. Thank you so much for taking the time to review worldtradex’S platform. Thank you so much for this great review with fantastic feedback on worldtradex’s platform.
worldtradex Account types
worldtradex prioritizes user security through a combination of measures. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users. The app lets you trade Forex, commodities, and indices with some gorgeous features, such as dealCancellation, which permits users to reverse losing trades within a specified time frame. About BROKSTOCK Brokstock delivers real-time market data, charting capabilities, and user watch lists for effective trading.
Financial Controller jobs
To help support traders in managing risk effectively, worldtradex provides a range of different tools, which are listed below. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. Traders can utilise both MT4 and MT5 trading platforms with the worldtradex Premium Pro account. Additionally, the Pro account is available as an Islamic swap-free option.
People Worldtradex website from Europe, Africa, and Asia, both new and experienced traders, can find worldtradex suitable because it provides good technical trading solutions. Also, worldtradex offers different bonuses to improve your trading conditions. This multi-jurisdictional approach ensures that the company adheres to strict regulatory standards, providing traders with a secure and transparent trading environment.
Their financial reports are thorough and easy to understand, greatly enhancing our financial management. Their detailed analysis and insightful reports provide invaluable guidance for strategic decision-making. Their detailed and clear insights have been incredibly valuable to us.
worldtradex offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. worldtradex offers a good number of Forex pairs, Commodities, iIndices, Equities, Bonds, ETFs, and Cryptocurrencies, allowing portfolio diversification. worldtradex is very balanced proposal with all the aspects, but definitely a winner for Forex Education, Webinars and the range of Seminars provided, we find broker best in that aspect and great for beginning traders. With a $0 minimum deposit, worldtradex is accessible to traders, unlike competitors that require higher deposits, such as IC Markets and eToro. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products.
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