Finally, allowing API access for custom solutions can potentially attract algorithmic traders and developers. No, the bank account must be in the account holder’s name and registered worldtradexFX trader. You can use bank transfers, credit/debit cards, and various e-wallets to deposit funds. The worldtradexFX Affiliate Program’s user-centric design is one of its most notable features. It has an easy-to-use interface and real-time statistics to monitor performance.

Charting and Trading tools

For example, the NASDAQ 100, one of the leading US indices, consists of 100 stocks traded on the Nasdaq stock exchange. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), worldtradex’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.

By maintaining your capital in separate accounts, worldtradexFX ensures that there is less risk of mishandling. Furthermore, adherence to strict regulatory standards and the use of high-security encryption protocols enhance the protection of your sensitive information, offering you peace of mind as you engage in trading. An extensive range of support channels is available to users of worldtradexFX. Whether you prefer reaching out via live chat, email, or phone, the platform ensures that you can connect with a representative whenever required. This flexibility is designed to cater to your individual preferences, offering you convenience in accessing support. Open an MT5 account to trade on 230 instruments enjoying the platform’s advanced tools and worldtradex’s excellent trading conditions.

Similar apps

In addition to this, worldtradexFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders. MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and on the web.

worldtradex trading app

For beginner traders, the availability of support in multiple languages is a key benefit, ensuring that assistance is easily accessible. A good fit for beginners and seasoned traders alike it has a reputation for being easy to use and reliable. Rather than specializing in any one field, worldtradex provides a wide assortment of content types.

We are constantly improving our product to make your trading experience better. Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. “This way, worldtradexFx India Pvt Ltd, worldtradexFx, and their entities have cheated investors in the guise of forex trading thereby earning a profit of more than Rs 500 crore from the Indian region,” the ED said. A market index is a score that measures the performance of a group of assets. Major stock indices track a basket of the most important stocks on a certain stock exchange.

On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. Market volatility presents several attractive profit-making opportunities when you use Forex robots, as they provide greater accuracy and speed in trading. EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders with trading logic used in the trading system. 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. MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS.

The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders. Also, there is no commission based account soffered all Broker fee strucutre is based on spread, which is important to note for trades who prefere commission fee structure. However, traders may be charged third-party processing fees—which worldtradex Worldtradex scammers has no influence over.

• Download our app and keep track of your orders whether you’re in the office, on vacation, or at home.
• The company, besides featuring a full fledged FAQs section to help clients find answers to their queries on an immediate basis, offers multilingual customer support 24 hours 7 days a week.
• worldtradexFX runs various promotions for new and existing clients, including deposit bonuses, trading contests, and seasonal offers.
• worldtradexFX is a global forex and CFD broker that has been providing online trading services since 2011.
• worldtradexFX provides Emirati traders with a demo account tailored specifically to their requirements.

Account Base Currency

Both Live Chat and Email are available in various languages including Bengali, Chinese, English, Hindi, Indonesian, Malay, Portuguese, Spanish, and Thai languages. 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. While worldtradex presents several commendable features, it’s essential to carry out your own thorough research before deciding to trade with them. The suitability of a broker is largely dependent on individual trading preferences and goals. From our assessment, worldtradex emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration.

• Besides, another license was obtained in South Africa regulated by FSCA giving a better expansion and regulated access to Africa Market.
• From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization.
• The cTrader trading platform is designed specially for electronic communication networks ECNs, and offers direct STP access to currency trading markets.

These weekly and monthly competitions are run through demo accounts which make them a low-risk way of refining your skills. Generally, the weekly competitions will have a prize fund of $400, whilst the monthly competitions put $1000 up for grabs. Special competitions are also run on a more ad-hoc basis for the most successful and active traders on the site.

If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX. 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. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.

Why trading on MetaTrader 5 is better with worldtradex

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Log in to your worldtradexFX account, go to the “Withdrawal” section, select your preferred payment method, enter the withdrawal amount, and follow the instructions.

They complain of worldtradexFx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, worldtradexFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy. The Mobile app offers market data; quotes in simple and advanced modes. Users can decide to view prices of their chosen trading instruments in advanced mode, showing its spread and daily highs or in simple mode without the extra information. The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams. Understanding your trading needs is necessary for worldtradexFX’s customer support team.