Additionally, WorldTradex supports a variety of other indices such as US30, S&P500, NS100, DAX40, FTSE 100, AUS200, JPN225, making it a comprehensive platform for index trading. WorldTradex is an FX brokerage that was founded by Trading Point Holdings in 2009. The broker is globally available and allows traders to buy and sell various financial assets including forex, crypto, metals, and CFDs.

Feel connected anytime, anywhere.

Yet while WorldTradex provides a range of features for beginners, it’s worth noting that it lacks a proprietary trading platform explicitly designed for novice traders. Another helpful feature is MT4 MultiTerminal, allowing experienced traders to manage multiple client accounts simultaneously. While it may offer fewer commodities and cryptocurrencies than some market leaders, its overall offering remains competitive, particularly with its extensive stock CFDs and currency pairs.

Step 3: Deposit funds

The broker’s spreads on all types of assets seem to be competitive. The minimum spreads for forex and other tradable instruments are listed in the table below. While investors mostly prefer trading major currency pairs, minor and exotic forex pairs become equally favourite during volatile market conditions. WorldTradex Forex offers several different account types, each with its own unique features and benefits. For US traders, the two most relevant account types are the Micro and Standard accounts. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

How to Trade US30 on WorldTradex 2024

• WorldTradex is unable to accept clients from the United States of America, Canada, Israel and Iran.
• Meanwhile, the CFD instruments at WorldTradex exceed 1,400 assets, allowing traders to go both short and long, bringing profits no matter the direction of the prices of underlying assets.
• However, the company lacks competitive variety amid trading platforms.
• Essentially there are far more positive reviews about the broker on Reddit than those denouncing the company for specific reasons.
• My only criticism is that there needs to be a localized direct telephone line or a call-back feature, a service offered by ActivTrades.

Those looking for tight spreads may prefer signing up for the Zero account at WorldTradex. While the minimum spread in the zero accounts is 0.0 pips, the broker also charges a commission of up to $7 per round trip on trading stocks and currencies. All other features stay the same as offered in the Standard account.

Do I need to be an experienced trader to benefit from WorldTradex’s Learning Centre?

WorldTradex also provides region-specific local payment methods, such as PayTrust88, that depend on your location. While offering access to the same markets as other accounts, the swap-free https://worldtradex.pro/ account adjusts fees to ensure fairness without charging interest. WorldTradex Group’s Learning Centre offers a variety of resources for traders of all levels. With free webinars, daily market analysis, and live sessions like “Forex Power Hour” and “US Market Open Hour,” traders can learn at their own pace. Expert instructors provide insights on strategies, technical indicators, and macroeconomic events, helping traders make informed decisions and improve their skills.

• It is regulated by the Financial Services Commission, ASIC, and CySEC.
• The broker is part of WorldTradex Group which comprises two entities, WorldTradex Global and Trading Point Holdings Ltd.
• New traders can benefit from the various educational content available on the company’s website.
• WorldTradex process withdrawal request via the same methods that clients use at the time of deposits.
• In this review, we will take an in-depth look at WorldTradex, exploring its features, pros, cons, and more.

Step 1: Open a WorldTradex Trading Account

Our broker ratings are also informed by the experience of our researchers during the evaluation process. WorldTradex is a top-tier forex and CFD broker that combines a high level of security, a wide variety of account types, and advanced trading tools. Whether you’re a novice looking for educational resources or an experienced trader seeking robust trading platforms and leverage, WorldTradex provides a comprehensive solution for all types of traders. WorldTradex offers an extensive range of trading instruments, including forex, cryptocurrencies, stocks, commodities, and indices. On its MT4 and MT5 platforms, you can trade over 1,000 forex, CFDs, and even real stocks. It’s ultra-low standard and micro accounts come with low trading fees.

With support for multiple languages, it provides a variety of indicators and drawing tools, making it suitable for traders of all experience levels. WorldTradex Group stands out by offering the same excellent trading conditions to all clients, regardless of account size. With a focus on fairness, they guarantee no requotes or rejections, ensuring smooth, real-time execution of trades. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.