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 offers a limited variety of assets, including Forex, indices, metals, energies and cryptocurrencies. Yes, based on your detected country of DE, you can open an account with this broker. Whether you are an WorldTradex client or you simply have an WorldTradex demo, you can easily access Trading Station’s platforms.
Available Assets and Leverage
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.
Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida’s passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders. The Market Scanner helps traders uncover potential trading opportunities based on preferred indicators and timeframes. Some traders prefer to trade a limited set of currency pairs, while others will enjoy trading unique patterns using specific indicators over longer or shorter timeframes.
MT4 VPS
The Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices. The WorldTradexpy Python Package enables application builders to use a REST API in their applications, creating algorithmic trading strategies. WorldTradex Apps include different expert advisors, apps, and indicators, some of which are free. The WorldTradex App Store has add-ons for all the supported platforms and is broken down into the following areas.
WorldTradex’s Research and Trading Tools
Indian traders can deposit and withdraw funds either https://worldtradex.site/ 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 a wide range of trading tools to help traders make better trading decisions. WorldTradex offers a range of funding and withdrawal methods, but processing times are slower than other brokers, and high fees are charged for withdrawal via bank transfer. Indian traders are eligible to open an account at WorldTradex but need to meet the minimum deposit requirement of 50 USD. South African traders will trade with Stratos South Africa (Pty) Ltd an authorised financial service provider regulated by the South African Financial Sector Conduct Authority(FSCA).
- This means that the spread will fluctuate and get wider or tighter depending on trading volume and market volatility.
- They are also not required to offer negative balance protection and have no leverage restrictions.
- XCM offers one live account with trading costs included in its variable spreads.
- Only Active Trader clients subject to tier pricing on spread costs receive a free VPS.
- While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content.
Similar apps
Overall, WorldTradex’s account-opening process is fully digital, but it takes longer than usual for the support team to verify one’s account. Stratos Global LLC, trading as WorldTradex is incorporated in St Vincent and the Grenadines and registered witht the Financial Services Authority. Traders in the UK will trade with Stratos Markets Limited which is regulated by the UK Financial Conduct Authority (FCA). WorldTradex’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its WorldTradex YouTube channel.
Overall, the range of platforms available at WorldTradex should satisfy most traders.
- Comparison is based on the average WorldTradex Group spreads of the period April 1, 2022 to June 30, 2022.
- WorldTradex is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView.
- FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics.
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
- As always, be aware that past performance is not indicative of future results.
Comparison is based on the average WorldTradex Group spreads of the period April 1, 2022 to June 30, 2022. Additionally, this section has an introduction to the Trading Station platform on both desktop and mobile. Since this platform is unique to WorldTradex, new clients will find these videos very useful. The advantages of using MT4 are numerous, but most centre around the community support and the number of users that the tool boasts. Support is available for MT4 from WorldTradex customer support, and you will also find a wealth of guidance online. Withdrawal by bank transfer takes 3 – 5 days to be processed, and credit/debit cards and e-wallets are processed within 24 hours.
VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine. VPS services have the advantage of never suffering connectivity issues and have extremely low latency due to their proximity to major international exchanges. The Trading Station mobile platform allows trades to be placed and managed on the go through its simple, well-designed, and intuitive interface. The mobile platform boasts the same functionality as the desktop version of the platform, making it easy to open and close trades, view charts, and various technical analysis data.
In this way, the Market Scanner is a unique tool for technical traders. Still, it is important to note that it does not consider a trader’s personal circumstances and trading objectives; therefore it should not be considered investment advice. As always, be aware that past performance is not indicative of future results. Like other brokers, WorldTradex offers a complementary economic calendar and daily economic news containing some light analysis. However, WorldTradex takes its analytical offering one step further with Market Data Signals and the Market Scanner – tools to help traders uncover potential trading opportunities in the market. Clients can also follow top traders through the Zulutrade platform for 30 USD/month.
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