08 May Former worldtradex Marketing Executive Ross Soodoosingh Joins Trading Platform Provider

The account has a minimum spread of 3 pips, and traders may incur rollover fees. Spread betting allows UK residents to trade financial markets tax-free on profits. With worldtradex, you can trade hundreds of financial instruments commission-free and with no stamp duty, while using leverage to open larger positions. You can also start with smaller bet sizes, from as little as 7p per point. These are all best for advanced traders due to the limited information available on their use. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), worldtradex delivers a reliable, feature-rich mobile experience for forex traders.

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It is available under CySEC, FCA, ASIC, and FSCA, providing access to over 100 markets. The worldtradex Professional Account is designed for expert traders and is available under CySEC, FCA, and ASIC regulations. It offers access to a wide range of markets, including Forex, commodities, indices, stocks, and cryptocurrencies, totaling over 100 assets. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones.

Active trader account

• Additionally, the broker’s swaps are below market, which is particularly attractive for long-term investors and traders who prefer to keep positions open for several days or weeks.
• With its headquarters in London, Stratos Markets Limited (“worldtradex”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally.
• The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page.
• worldtradex offers one of the best selections of platforms for traders to choose from.
• worldtradex also offers educational resources to help traders learn and succeed.
• There are enough educational tools to give beginners a head start, particularly when combined with the demo account.
• worldtradex is a global broker founded in 1999 that specializes in online Forex trading, and CFDs.

You will also find plenty of support for worldtradex’s Trading Station and forex trading in general in the education section. This includes trading guides, speakers, a video library, and a live classroom. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. The range of products available to you will depend on which https://worldtradex.pro/ global entity under the worldtradex Group houses your trading account.

Trading Conditions

worldtradex is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. For traders who appreciate advanced trading tools and quality market research, worldtradex is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow. Average spreads at worldtradex are more favorable for active traders or clients residing in the EU, U.K., or Australia. worldtradex is committed to building a better brokerage for our traders, our goal is to provide you with the ultimate trading experience.

Trading Station

• It offers a wide range of indicators, scripts, and the ability to use automated trading systems.
• The company offers a wide range of educational materials, including webinars with experts and detailed guides to Forex trading.
• Overall, worldtradex’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category.
• He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.
• These regulators ensure high protection and transparency for the broker’s clients, which fosters increased trust and dependability.

Most reviews indicate high satisfaction with the support services, making worldtradex a dependable choice for traders. The only thing that could enhance the section would be the introduction of additional educational formats, such as video courses or podcasts. This would add variety to the existing educational resources and make learning even more accessible to a wide range of traders. Traders can find convenient tools for trading in the applications, including the latest news, streaming, and many additional features to enhance the trading experience. Capitalise AI is an innovative platform that uses artificial intelligence to create and optimize trading strategies.

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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 MT4 platform does not allow worldtradex to include commissions in pre-trade margin calculations on client’s pending orders.

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Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider.