worldtradex offers beginner traders a sound educational offering from where traders can expand. While an interactive course https://worldtradex.world/ or videos are not available, the existing content provides a well-thought-through introduction to trading. One of the most ignored trading costs is swap rates on leveraged overnight positions.
- The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage.
- However, trading with an ECN XL Account comes with no swap charges, making fee calculation easier and offering a great benefit.
- Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand.
- worldtradex is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID).
It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. worldtradex is registered in Vanuatu with registration number and regulated by the VFSC and CySEC. worldtradex is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID). Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. We have manifested our motto of being “trustworthy, transparent, and fair,” not just in words but through our actions and services. We value each client with utmost respect and consideration and strive to remain at the forefront of technological advancements to ensure our customers experience simplicity and customer care above all.
Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply. Minimum deposits vary depending on account type at the worldtradex forex broker.
A Paradigm of Integrity and Client-Centric Approach
The potential for stop loss hunting or spread widening is meticulously eliminated. In essence, worldtradex is more than a broker; it is a reliable partner in your trading journey, always ensuring that you have the right tools and environment to succeed. By choosing worldtradex, you are not just selecting a broker; you are opting for a transparent, fair, and customer-centric trading experience, augmented by our continual strive for excellence and improvement in the financial domain.
Start trading with a global award winning broker
This model eliminates the possibilities of price or spread manipulations and assures no conflicting interests between worldtradex and our valued clients, ensuring a transparent, unadulterated trading milieu. The ECN XL Account stands as one of the most economical gateways to forex trading. Access via our award-winning XL Account over the MT4 platform, accords traders of all expertise levels an optimal choice, enabling them to kickstart their forex trading under exceedingly competitive conditions. worldtradex offers traders the core MT4 trading platform without third-party upgrades.
The ECN XL Account: A Synthesis of VIP Services & Cost-Efficient Trading
worldtradex is primarily a European Forex broker that launched its FX and CFD products in 2010. The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). worldtradex a part of the European Markets in Financial Instruments Derivatives (MiFID), which gives it the freedom to operate in the entire European Union under the European Economic Area (EEA) agreement. worldtradex broker, or FX Central Clearing, is a Forex broker from Cyprus that started in 2010. It helps professionals in the forex market trade currencies, cryptocurrencies, indices, energies, and metals using advanced technology.
Our introduction mirrors the clear, concise, and precise individual service we render to our clients. If you have experienced other brokers, allow us the privilege to demonstrate why we consider ourselves unparalleled in the industry. Forex ECN is the most proficient and transparent trading method available. worldtradex maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies. Clients may also use their Facebook or Google accounts to open an account. Since worldtradex is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations.
worldtradex Regulation and Security
Utilizing the MetaTrader 4 platform, worldtradex provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices. Traders have access to a range of Forex tools providing invaluable insights into Forex trading trends, including Forex calculators, live quotes, market hours, and more. worldtradex is an ECN broker and only maintains one ECN account for all clients. It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. worldtradex supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill.
worldtradex Funding Options – Deposits & Withdrawals
This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading. Traders are lavished with a unique concoction of premium services and low-cost trading solutions, rendering the ECN XL Account as the unanimous choice for traders around the globe. This approach negates any conflicts of interest or price mark-ups, corroborating worldtradex’s stance as a trustworthy partner in trade execution.
Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making. These pivotal elements are foundational in guaranteeing that our clients experience the utmost transparency when accessing the FX markets. We at worldtradex steadfastly commit to upholding unparalleled transparency in trading while ensuring the utmost security of your funds. The safeguarding of our clients’ investments, privacy, https://worldtradex.club/ and security is our foremost priority, allowing our clients to trade with peace of mind under our regulated brokerage. In doing so, we empower traders to focus solely on their trading endeavors, entrusting us with the stringent protection of their investments.
Our unique ECN bridge allows clients acquainted with MetaTrader to continue leveraging their preferred forex trading platform in a refined ECN/STP environment, ensuring a seamless fusion of familiarity and innovation. As a regulated broker, worldtradex is unwavering in its commitment to offering its clients tight and competitive spreads. By doing so, we aim to create an optimized trading environment where the incurred costs are minimized, allowing traders to maximize their potential profits and maintain robust financial health.