Zero account is an accessible, swap free, low-cost trading solution that is suitable for all traders. Cent accounts are an excellent choice for novice traders who want to put their trading skills to the test. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005.
What type of broker is WorldTradex?
- Traders can utilise both MT4 and MT5 trading platforms with the WorldTradex Premium Pro account.
- Coupled with hundreds of stocks investors can also trade derivatives on the world’s leading indices.
- No, the only WorldTradex demo accounts available are the Cent, Zero, Premium and Pro accounts.
- The WorldTradex standard account, called WorldTradex Premium Account, charges spreads from 1.4 pips.
- Regarding the HF Markets for traders in the EU, UK, and Australia the list of the available account base currency is USD, EUR, PLN.
- It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies.
Traders can utilise MT4, MT5, and the WorldTradex App trading platforms with the WorldTradex Top Up account. Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law. The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0. Top Up account grants access to all WorldTradex trading instruments and provides a minimum trade size of 0.01 lot. Premium Pro account provides access to all WorldTradex trading instruments with a minimum trade size of 0.01 lot. Pro account provides access to all WorldTradex trading instruments with a minimum trade size of 0.01 lot.
The WorldTradex Cent account supports both MT4 and MT5 trading platforms, catering to a range of trader preferences. Additionally, it’s available as a swap-free option for Islamic traders. WorldTradex enables deposits and withdrawals through several methods including wire transfer, credit/debit cards (Visa and Mastercard), ewallets (Neteller and Skrill), and crypto. WorldTradex offers both Meta Trader 4, Meta Trader 5 and WorldTradex Application trading platforms. Besides, the platforms provide numerous tools and software to ease trading.
Review
WorldTradex is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability. They are a well-regulated STP broker with awards for https://worldtradex.site/ its clientprotection and product offerings. They provide service to more than 180 countries across the globe andoffer both STP and ECN trading platforms. WorldTradex is a forex and commoditiesbroker and is the brand name of HF Markets Group. HF Markets provides a range of reliable deposit and withdrawal options to suit different preferences, from traditional Bank Transfers to more modern methods like Cryptocurrencies. With no deposit fees and the flexibility to withdraw using the same channels, traders can manage their funds efficiently.
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Also important to note, WorldTradex charges swap fees for positions held open overnight. These fees depend on the specific asset you’re trading and the size of your position. The good news is that all HF Markets accounts offer swap-free alternatives, making them a suitable option for traders who cannot pay swap fees for religious reasons. The minimum deposit amount required to register a WorldTradex trading account is $5, this minimum deposit is equivalent to 599 KES. WorldTradex formerly Hotforex is considered trustworthy, with an overall Trust Score of 9 out of 10.
What is the maximum leverage available on WorldTradex?
The customer service team is professional, helpful and usually answers within 1 business day. Keep also in mind that bonuses and promotions are usually cyclical, meaning that they may not be available at all times. The selection may slightly vary depending on your area and the account type selected. Since WorldTradex operates under different regulations, and all the regulations don’t impose the same leverage options, so the leverage level may fluctuate from country to country.
Although the minimum deposit depends on the account type, WorldTradex offers all the renowned money transaction options except PayPal. Some HF Markets accounts offer very low spread and generally better trading conditions so to access these benefits you need to pay a higher minimum deposit. WorldTradex doesn’t charge a minimum deposit when traders register an account. According to the payment options, the lowest minimum deposit is 5 USD on Credit/Debit Cards. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors.
In addition, it offers a versatile trading platform with access to Forex, Commodities, Indices, Cryptocurrencies, and more. HF Markets (WorldTradex) formerly called Hotforex, a well-established forex broker, offers a range of solutions to suit different budgets and trading styles. Here is a summary of payment methods accepted by HF Markets for deposits. Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on WorldTradex.
Yes, you can change your deposit method from the WorldTradex account dashboard at any moment. This flexibility lets you adjust to shifting objectives or take advantage of various deposit specials. Typically, WorldTradex’s deposit incentives have no direct influence on trading leverage. However, they may expand your available margin, allowing you to create greater bets. Funds usually arrive in your trading account between 10 minutes to two days. We have created a mobile experience specifically tailored to the needs and demands of our traders.
- These include the cent, the premium, the zero, the top-up plus, the pro, and the pro-plus accounts.
- We are not liable for losses that resulting from the information provided on our site.
- It means that traders using WorldTradex ‘s platform can trade up to 60 lots of currency pairs in a single transaction.
- Additionally, their Fusion+ feature allows copy trading, and traders can enjoy $0 commissions on US share CFDs.
- Additionally, the WorldTradex withdrawal method must be the same used for depositing funds.
- At WorldTradex you can find over 50 Forex pairs and 500 CFD assets, including metals, energies, indices, stocks, commodities, bonds, ETFs, and cryptos.
Here is a breakdown of the products that South African traders have access to on WorldTradex. With a low minimum deposit of $10, Just Markets supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms globally. WorldTradex does not charge deposit fees, but traders may be subject to transaction and processing fees by their chosen banking institution. Trades must verify any additional fees incurred by their banking institution before selecting their WorldTradex account option.
