It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention. Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine https://worldtradex.pro/ your preferred risk preferences. Virtual accounts are excellent for beginner investors, as well as more experienced clients looking to test a new trading strategy. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.
I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. And while the choice of instruments is great with worldtradex, the broker also offers access to an impressive number of trading platforms, with five platforms to choose from. For traders who require a more robust platform, worldtradex offers several options. The brokerage recommends the platforms according to the type of security traded.
MetaTrader 5
Importantly, during our tests, the live chat was quick and easy to use with responses in less than a minute and email responses within 24 hours. There is also a campaign to become a professional trader which offers a bonus of up to $2000. We rank the broker down when it comes to educational resources. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage.
They are a member of the Investor Compensation Fund (ICF). The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled. The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures.
Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently. All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. TradingFinder.com assumes no responsibility for any potential losses or damages.
- I like how they take an individual approach to each client regardless of your investment size and have 24/7 support.
- Many of the available trading platforms like MT4 and MT5 have a web platform, which runs through a browser and does not require any downloads.
- From on our assessment, worldtradex provides an average offering of market research.
- This is a professional trading account on MT4 with a $100,000 minimum deposit.
- They also ensure traders get a straightforward trading environment.
- Traders should carefully review these before participating in any promotional offers.
In this worldtradex review, we look at the platforms they offer. Therefore, any trader style should find a suitable platform among the choices. These apps can be downloaded to iOS or Android devices.
worldtradex Broker Copy Trading & Investment Options
However, active traders may require a more sophisticated platform. The worldtradex minimum deposit amount to open an account is $100. However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500.
Customer Support
This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. worldtradex has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable. worldtradex is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations.
Free Trading Courses
It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. Using free market research of worldtradex’s experienced analyst team, clients get the opportunity to create their own investment strategies. Robo-advisor is a globally recognised service that aims to help traders using modern technologies.
In this worldtradex review, we’ll cover their platform, what they do, and pricing. This broker is a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company in 2015. Retirement accounts accepted are traditional, Roth, rollover, and SEP IRAs. As for entities, worldtradex offers Corporate, Limited Liability, Partnership, and Sole Proprietorship accounts. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. From on our assessment, worldtradex provides an average offering of market research.
The minimum deposit for professional traders is £5,000. Investors on worldtradex can put money into investment funds that are managed by other users. Clients must allocate a minimum of £100 to take advantage of this feature. Online APIs, such as REST API, support the integration of additional features to the standard broker experience.
I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. worldtradex strictly does not accept third-party payments. All funds https://worldtradex.club/ deposited into your trading account must be under the same name as your worldtradex trading account.