We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score. worldtradex offers a limited range of tradable assets compared to other large international https://worldtradex.world/ brokers. Lastly, traders are required to upload documents to verify one’s identity and residency.

Trading Station Desktop

Indian traders can deposit and withdraw funds either by credit/debit card, Skrill, Neteller, or via an EFT/Bank Wire Transfer. worldtradex does not charge administration fees for deposits via credit card, debit card, and bank transfer. There are also no withdrawal fees for credit or debit card transfers, but bank wire withdrawals incur a fee of 40 USD. Limited which is authorised and regulated by the Australian Securities and Investments Commission (ASIC). Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), worldtradex delivers a reliable, feature-rich mobile experience for forex traders.

worldtradex offers fewer base currencies than other large international brokers, and it charges high currency conversion fees. Deposits via bank transfer can take several business days to land in a trading account, while credit card/debit card and e-wallet transfers are instant. CFD brokers registered in SVG are not required to segregate client money from company operational capital, nor are they required to participate in compensation schemes. They are also not required to offer negative balance protection and have no leverage restrictions. worldtradex’s pricing for forex trading is slightly higher than the industry average. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS.

• Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders.
• No matter one's experience or sophistication level, Trading Station is often the preferred choice among active traders.
• A well-regulated broker, worldtradex ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all withdrawals are returned to the deposit source.
• worldtradex supports a wide range of trading platforms, including the industry-standard platform MetaTrader 4, its award-winning proprietary platform Trading Station and other specialty platforms.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
• VPS services have the advantage of never suffering connectivity issues and have extremely low latency due to their proximity to major international exchanges.

Platform Comparison

The MT4 platform does not allow worldtradex to include commissions in pre-trade margin calculations on client's pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades. worldtradex's Active Traders can unlock the market depth functionality on the Trading Station forex and cfd platform. Multiple levels of liquidity are visible at each price, providing extremely use information to short-term and high-frequency traders. Learn how regulators protect traders and how the Forex market is regulated.

• Since this platform is unique to worldtradex, new clients will find these videos very useful.
• worldtradex does not charge administration fees for deposits via credit card, debit card, and bank transfer.
• The range of products available to you will depend on which global entity under the worldtradex Group houses your trading account.
• For those individuals, hosting Trading Station locally via download is an easy way to get up and running in the market.
• You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox.
• Compare top platforms, fees and features to make an informed trading choice.
• Yes, based on your detected country of DE, you can open an account with this broker.

Trading Fees

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. Compare top platforms, fees and features to make an informed trading choice. worldtradex offers traders easy access to the Forex market with the Trading Station and MT4 mobile platforms, available on Android and iOS. worldtradex offers one live account, which is limited compared to other brokers, but its account is suitable for beginner traders. Stratos Global LLC ("worldtradex") is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies.

worldtradex is unique in the number of algorithmic trading tools available and a strong set of premium signals, a Technical Analyzer, Trading Analytics, and social trading via Zulutrade. Additional major toolsets at worldtradex are apps, VPS hosting, and API tools to build custom applications for algorithmic trading. worldtradex supports a wide range of trading platforms, including the industry-standard platform MetaTrader 4, its award-winning proprietary platform Trading Station and other specialty platforms.

Popular Forex Guides

It also offers numerous trading tools, including various API tools, TradingView, Zulutrade, and a host of worldtradex apps. 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. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

However, its fixed leverage, high trading costs, high currency conversion fees, and high interest rates may deter some traders. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. worldtradex ‘s range of trading platforms includes MT4, NinjaTrader, various advanced specialty platforms, and worldtradex’s award-winning proprietary platform, Trading Station.

It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. This means that Indians with bank accounts denominated in INR will have to pay currency conversion fees on deposits and withdrawals. Currency conversion fees can make trading expensive and affect profitability. Overall, because of its strong international regulation, segregation of client funds, and history of responsible behaviour, we consider worldtradex a safe broker to trade with. However, traders should be aware of trading with low minimum deposits and high leverage, as this could see their trading accounts wiped out. With its wide range of available platforms and deep offering of trading tools, worldtradex has set the bar high and competes among the best brokers in the industry.

worldtradex’s Research and Trading Tools

No matter one's experience or sophistication level, Trading Station is often the preferred choice among active traders. Use our comparison tool to compare two brokers based on their trust rating, costs, features, platforms and many other aspects. worldtradex’s educational section comprises various trading guides, video tutorials, a section on the traits of successful traders, and a free online live classroom.