We have been fairly impressed with the customer service Worldtradex website provided. Support is available 24/7 which stands up well against competitors we have tested. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners.

It is quick and easy to get started with an account from just $100. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. Overall, I feel that worldtradex are a really good broker with a vast range of trading products and services that can meet the demands of all traders.

• These are stocks that we post daily in our Discord for our community members.
• Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures.
• With J2T you can trade forex, stocks, futures, cryptocurrencies, Eurobonds and even participate in US IPOs.

New York Stock Exchange

It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. If you’re an experienced active day trader, you may find that worldtradex has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc.

worldtradex Trading Instruments

Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Our testing shows that worldtradex offers lower fees than most forex brokers, especially in its premium accounts. worldtradex also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro.

This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. worldtradex processes withdrawals within 24 hours of the request being made.

It segregates client deposits from corporate funds and offers negative balance protection in its standard trading accounts for retail traders. It complies with ESMA guidelines and MiFID II, and the Cyprus investor compensation fund protects deposits up to 90% with a €20,000 limit. My review did not uncover misconduct, scam, or fraud, and I confidently rate worldtradex as a legit and safe Forex broker. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.

Varied Options for All Trading Styles

For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. Traders should take note that payments made in any other currency apart from the base currencies of the various accounts may be subjected to conversion rates charged by their payment provider.

This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. This service is for clients who prefer to make investment decisions with professional assistance.

• However, research tools and educational resources are frequently cited as areas where larger brokers maintain significant advantages.
• These are usually used as the deciding factor when it comes to judging a crypto exchange, at least fee-wise.
• Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
• The commission-based MT5 Global account provides traders access to most trading instruments.

Withdrawal

With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader. We are opposed to charging ridiculous amounts to access experience and quality information. If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly.

You have the option to trade stocks instead of going the options trading route if you wish. In the world of stock market and options trading, data-driven decisions often make the difference between profit and loss. We have a phone, an email and, a very interesting, online chat and a service that with a single button you access a live call via the web. We found this last service interesting and novel since almost no broker has it. The broker does not provide information about withdrawal methods. We understand that they are the same methods as for making deposits and that the costs will be the usual ones.

Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share.

Clients have access to various asset classes, enabling diversified portfolio construction. In this section we’ll show you how to open a live trading account with worldtradex. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly.

For those inclined toward commodities, worldtradex provides a diverse asset range, including agricultural and non-agricultural securities. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party.

Negative balance protection exists for certain account types at this broker, meaning traders with the right account types can never lose more than their deposits. A CySEC-regulated broker with a choice of trading platforms and 30,000+ assets. worldtradex provides different types of accounts, suitableboth for beginners and professionals.