It enables them to earn significant commissions based on the trading volume of the clients they refer. The “Demo Contest” is a wonderful initiative for novices and those wishing to experiment without danger. It allows traders to compete using trial accounts with real cash awards for the winners, giving a risk-free environment for testing and competing tactics. The Worldtradex forex brokers reviews “worldtradex Loyalty Program” awards traders points for their trading activity, which may be redeemed for various advantages that improve the overall trading experience.
worldtradex Premium Pro Account
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). 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. The platform, coupled with excellent customer support, is known for its efficiency. Traders appreciate the hassle-free account opening process, reflecting worldtradex’s commitment to user convenience and satisfaction. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.
- However, traders can get this plan for free if they have a minimum net deposit of $400 within the last 30 days and have at least 2 standard lots traded within the past calendar month.
- Yes, Singaporean traders in worldtradex’s PAMM program can select their fund manager based on performance and strategy.
- The familiar and easy-to-use MT4 interface makes it an ideal solution for users who already have experience with the MT4 trading platform.
- worldtradex clients are of paramount importance, which is why everything we do is always with the goal of improving their overall trading experience.
- worldtradex (formerly known as HotForex) is an online brokerage firm founded in 2010 in Cyprus, part of the HF Markets Group.
Insights from Real Traders
Below you may see a comparison of the most popular instruments, the typical spread based on Standard conditions, as well for your information compare fees to another broker worldtradex. And once you ready or decided to start Live Trading you can submit for a Live account where worldtradex may ask you for confirmation of your documents including identity, residency and other prove before you start. In both cases, you will get access to myHF client area where you can manage all your accounts and finances. All content on this site is for informational purposes only and does not constitute financial advice.
worldtradex Trading Platforms
worldtradex provides access to a wide range of popular stocks from major global markets, allowing clients to benefit from price fluctuations while utilizing leverage. Among numerous forex brokers out there, worldtradex seems to be a reliable and reputable broker with a strong global presence. The broker’s rebranding from HotForex further demonstrates its commitment to continuous growth and innovation in the industry. Nonetheless, while worldtradex offers a compelling package, it is always recommended for individual traders to conduct their own research. Always ensure that the broker’s offerings align with their specific trading goals, risk tolerance, and preferences.
Deposit Options at worldtradex
With a $0 minimum deposit and micro trade sizes, the Cent Account allows new traders to gain real-market exposure with minimal risk — an ideal bridge from demo to live trading. worldtradex offers more than forex brokerage – it functions as an award-winning trading hub. It delivers tight spreads, robust security, powerful tools, and exceptional support. Therefore, it caters to traders who demand high performance without any compromise. Beginners can use the risk-free demo, educational resources, and live webinars. Professionals benefit from flexible account types, raw spreads, institutional-grade execution, and copy trading options like HFcopy.
What types of markets can I trade with worldtradex?
These help traders make timely, informed decisions while streamlining their overall experience. Founded in 2010, worldtradex https://worldtradex.live/ is a renowned broker with multiple regulations and ultra-fast executions of over 1000 trading instruments on its proprietary and MetaTrader platforms. The broker has received over 60 industry awards for outstanding performance.
What Can You Trade on worldtradex’s Platform?
It grants access to a broader range of CFDs, including forex, spot indices, gold, spot energies, and silver. In addition to spreads and commissions, worldtradex charges swap fees on positions held overnight. However, swap-free (Islamic) account options are available across all account types except the Top-Up Bonus account.
HF Markets offers a series of training course videos that delve into various trading topics and strategies. These videos cover basic terms, beginners’ courses, trading tools, MetaTrader tutorials, trading strategies, and commodities and futures contracts. By offering practical guidance and in-depth knowledge on these subjects, these videos help traders maximize their profits and minimize losses in the market. Thus, HF Markets offers an extensive range of tradable assets, including Forex, Metals, Energies, Indices, CFD Stocks, Commodities, Cryptocurrency, Bonds, and ETFs, which cater to the diverse needs of their clients.
To open an account with worldtradex, you will need to head to their website and then click on the “open live account” button which is located in the main menu. Established for more than a decade, in 2010, worldtradex is one of the safest brokers there is. Based on our outstanding experience, we strongly recommend trading with worldtradex. These include the DFSA in Dubai, the FSCA in South Africa, the CMA in Kenya, the FCA in the UK, and the CySEC in Cyprus, among others. However, please note that worldtradex does not accept retail traders from the UK and the EEA region despite having regulations there.
How to Open and Close an worldtradex Account
- The content is not tailored to individual financial circumstances or needs.
- As well, worldtradex pricing strategy shows transparent prices with one of the lowest rates in the industry.
- worldtradex is a CFD (Contract For Difference) Forex broker with execution style based on ECN (Electronic Communications Network) and STP (Straight-Through Processing) models.
- The only application form typically takes less than 20 seconds to complete, asking for country of residence, e-mail, and the desired password, which grants access to the myHF back office.
To assist your readers in seamlessly setting up their worldtradex trading accounts, we’ve provided a comprehensive video tutorial below. This step-by-step guide will walk you through the registration process, ensuring you can start trading with confidence. In both cases, you will get access to myworldtradex client area where you can manage all your accounts and finances. Support from all sources was consistently good, with professional and kind agents patiently resolving questions. Furthermore, worldtradex’s website includes thorough FAQ sections and instructional resources, enabling users to address problems independently. With its timeliness and the helpfulness of its multilingual assistance, worldtradex’s customer service generally pleased users and provided them with a great experience.
Followers gain from expert strategies, while Providers earn based on performance, creating a win-win setup that benefits both parties equally. The Provider’s trades are automatically replicated in the Follower’s account in real time. You can set capital limits, manage risk, and stop copying anytime—total flexibility with expert-level execution. However, they use different account types and credentials, so you’ll need to manage them separately through the worldtradex platform or app interface. While both platforms offer top-tier execution, MT5 adds 21 timeframes, 80+ indicators, and 100 chart views. It also supports more assets, an economic calendar, and advanced order types, enhancing both flexibility and analytical depth.
I always recommend that traders check them before evaluating the total trading costs. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database.
