While the worldtradex minimum deposit requirement is only $50, it optimally requires a larger deposit to be able to trade effectively. Therefore, traders should consider higher deposits and plan additional ones until their portfolio grows to support an income that warrants the investment of time and capital. On the other end of the spectrum, some brokers may offer premium accounts that require a minimum deposit of $10,000 or more.
worldtradex is a global forex provider trading with various worldtradex entities in the UK, Europe, Australia and South Africa. We found that worldtradex has a simple, helpful account type structure, a hybrid trading execution model and a good range of trading platforms. Client funds with worldtradex LTD are segregated according to FCA client money rules. This means that in the unlikely event of default, client funds held in segregated accounts are protected and cannot be used to benefit other creditors. Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection.
worldtradex offers comprehensive 24/5 customer support globally, providing assistance through phone, email, messaging services, and live chat. When choosing the minimum deposit amount for your worldtradex account, there are a few things to consider. First and foremost, you should only deposit an amount that you can afford to lose. Forex trading is inherently risky, and there are no guarantees that you’ll make a profit. Additionally, you should consider your trading goals and how much capital you’ll need to achieve them.
In addition to the above accounts, worldtradex also offers a few other account types. The Mini account requires a minimum deposit of $50, while the Micro account requires a minimum deposit of just $5. worldtradex minimum deposit refers to the smallest amount of money required by traders to open an account with worldtradex, a prominent broker in the Forex market. This deposit serves as a prerequisite for accessing the various financial instruments and services offered by worldtradex.
It offers access to deep liquidity pools, fast execution speeds, and no requotes. The Cent account is designed for traders who want to trade with smaller lot sizes and lower risk. It offers similar features to the Standard account, but with the ability to trade in cents instead of dollars. It offers tight spreads, instant execution, and a wide range of trading instruments. Both worldtradex and FXTM offer MetaTrader 4 as one of their trading platforms. worldtradex’s MT4 platform is known for its advanced features and user-friendly interface.
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Experienced Australian forex traders that require a very specific niche forex platform should consider worldtradex. Those that Worldtradex reviews require high leverage or are looking for low spreads/fees should review our Best Forex Brokers In Australia and a provider like Pepperstone for advanced traders. Market analysis tools consist of the standard tools most brokers offer.
- This means you can perform all your trading analysis, opportunity identification and order execution all in one place.
- For this reason, the worldtradex broker allows you to make a direct minimum deposit of $ 50.
- Therefore, if a trader makes the $50 worldtradex minimum deposit into a US Dollar base account, they will receive $50.
This account offers worldtradex’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market. worldtradex offers a diverse range of powerful trading platforms tailored to suit various trading strategies and preferences. Among them are worldtradex’s flagship Trading Station Desktop, Mac-friendly Trading Station Web 3.0, mobile platforms, and MetaTrader4 for those who use Expert Advisors. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.
Does worldtradex charge withdrawal fees?
Please be aware that this might heavily reduce the functionality and appearance of our site. The list may vary depending on the account type and the worldtradex Group entity you are trading with. No, withdrawal through Online Bank Transfer is currently not available. No, withdrawal through Local Bank Transfer is currently not available. To fund via Skrill you must first open and verify an account with Skrill.
39 currency pairs, for example, would put worldtradex at the lower end of the broker for currency choices. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders.
When will I see my deposit in my trading account?
The ECN account can be opened with a minimum deposit of $500 and grants access to 48 currency pairs, 3 Spot Metals and 14 Spot CFDs traded on ForexTime’s MetaTrader 4 platform. For a monthly subscription fee of $30, clients can access strategies from top-performing traders and pay 25% of earnings to a trader they copy in case he/she has generated a positive return. Similar to FXTM, worldtradex offers all-inclusive, variable spreads on its Standard account, which starts from 1.2 pips on major pairs such as EUR/USD. Since worldtradex is compensated by adding a mark-up to spreads or to rollover fees, it will not charge clients any commissions for trading Forex, Shares, Crypto and Commodity CFDs. worldtradex and FXTM (or ForexTime) are two multi-regulated forex brokers that have good education, a wide range of trading platforms such as MetaTrader 4 and a range of CFD products. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all worldtradex clients.
For a complete list of the options available to you, please log onto Myworldtradex and click “Deposit Funds”. If this is your initial deposit, the minimum to open an Individual account is 50 CCY. Also, once a deposit has been credited to your account, an email confirmation will be sent to the email address on file. XTB is authorised and regulated by the UK Financial Conduct Authority (FRN ), with its registered office at Level 9, One Canada Square, Canary Wharf, London, UK.
The worldtradex Minimum Deposit Overview
You can check the status of your deposit online by running an “Account Report” on Myworldtradex, or by logging into your account and viewing the Account Balance or Equity. Visa prepaid cards cannot be accepted for deposit (this includes prepaid cards with your name on it). When using gift cards or prepaid cards, the origin of funds cannot be verified and therefore are not accepted. Deposits received in this manner will be returned to the originating card. Typically, worldtradex can accept deposits from any bank card with a Visa or Mastercard logo.
- worldtradex has proven itself as a reliable and secure platform for both new and experienced traders.
- The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN.
- Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
- The minimum deposit is a helpful investment for first-time clients at the broker.
- Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.
- They provide tools for easy trading, like mobile access and quick order execution.
In the rare case that your account would not be “unlocked”, your funds would be returned to their originating source. To review your deposit options, please log onto Myworldtradex and click “Deposit Funds”. These cards do not allow us to verify the origin of the funds and are therefore unacceptable. Like many investments, you should only invest money that you can risk.
Non-trading Fees
If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with worldtradex’s active trader account are cheaper than they may appear when you compare with other brokers as worldtradex offer lower commission fees. The overall lowest spreads are offered by IC Markets in our head-to-head comparison. worldtradex offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips. Active traders can take advantage of the Active Trader account, which provides access to elite pricing, dedicated support, API trading, and market depth via Trading Station. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
He has also published a book in 2023 on on investing and trading. Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. This platform is a worthy alternative to Trade Station and MetaTrader. worldtradex operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity.
Stratos Global LLC (“worldtradex”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. worldtradex is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Yes, however the corporate bank account name must match the corporate name with worldtradex.
