This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018. To delete your worldtradex account, you need to contact their customer support and follow the necessary procedures they provide.
Special accounts allow you to copy trades without installing programs on your computer. Strategies are set up in the broker’s Client Area, and copying occurs automatically. This is the main difference from copy trading in MetaTrader, which requires a constant PC connection to the internet. The funds will be transferred to the live account if all conditions are met. If you choose FIXED or STANDARD account types, the minimum deposit is $100, €100, or ₽7000. For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000.
- You need to undergo identity verification for full-fledged work with a live account.
- In our review of worldtradex, we applied our methodology specifically designed to ensure accuracy, transparency, and depth of analysis.
- The availability of a web version and mobile device applications offers the convenience of trading anytime and anywhere.
- Furthermore, worldtradex has a particular Telegram bot for customer support, which reflects the broker’s endeavor to keep up with the times and use modern communication methods.
- Once all the above has been done, you can select ‘Open Demo’, and will be redirected to the MetaTrader 5 Web Trader where you can immediately start using the demo account.
- For ECN-type accounts, the minimum deposit is slightly higher and is $200, €200, or ₽14,000.
Trading Accounts
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income. worldtradex is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success. worldtradex offers clients the MetaTrader 4 and MetaTrader 5 trading platforms, which are considered the gold standard in the Forex industry. They provide flexibility and extensive functionality for both manual and automated trading.
Spreads and Swaps
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Bonus funds can be withdrawn after reaching a certain level of trading turnover in your real account. The bonus cannot be used during a drawdown and will be debited from the account if the Stop Out level is reached. To qualify for the bonus, you must fund your real account within 5 days of earning a profit on your demo account.
How can I delete my worldtradex account?
- The software supports thousands of user add-ons that simplify the search for successful trades and implement algorithmic trading strategies.
- This review is crafted to serve as a reliable source of information for current and prospective investors seeking detailed data on worldtradex.
- This can only happen if they opened a demo account on the standard or fixed account type, and the trader has selected to use MetaTrader 4 as their trading platform.
- They provide flexibility and extensive functionality for both manual and automated trading.
- For its clients, worldtradex offers quite attractive commission conditions.
By continuing to browse this website, https://worldtradex.site/ you agree to our Cookie policy. worldtradex LTD is registered in Saint Vincent and the Grenadines with registration number BC 2015 and the relevant registry operated by the Financial Services Authority (FSA).
Deposit and Withdrawal
Yes, worldtradex provides VPS (Virtual Private Server) services to ensure stable and uninterrupted trading. To open an account with worldtradex, visit their website, fill out the registration form, verify your identity, and fund your account. The company’s office is in the Cook Islands, where phone support is provided during working hours. Furthermore, worldtradex has a particular Telegram bot for customer support, which reflects the broker’s endeavor to keep up with the times and use modern communication methods. Funds are credited instantly, except for bank transfers, which take up to 5 working days. Spreads vary depending on the account type and the chosen instrument.
Traders have access to the same functions and features with options that they normally would on a live trading account. It offers a user-friendly platform, and demo accounts to help new traders get started. Yes, worldtradex offers ECN (Electronic Communication Network) accounts, providing direct market access with tight spreads and fast execution.
However, while leverage can magnify profits, it also increases the potential for higher losses. Therefore, it’s crucial for traders to use leverage cautiously and to understand the risks involved. If you are not interested in trading on your own, consider worldtradex’ copy trading platform, which allows for passive income by copying the trades of other traders in real-time. You need to undergo identity verification for full-fledged work with a live account.
Top 5 Successful Copy Trading Strategies in January
worldtradex was established in 2007 and currently serves over a million clients worldwide. The company showcases essential indicators of a broker’s reliability and regulation. The interests of worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. Once all the above has been done, you can select ‘Open Demo’, and will be redirected to the MetaTrader 5 Web Trader where you can immediately start using the demo account. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
However, with worldtradex, traders that have chosen the demo account bonus will be able to transfer any profits which have been made on their demo account to their live trading account. Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform. If you’re not ready for live trading, it is advisable to try a demo account.
For identity verification, a national or international passport is usually used. A passport page with registration or a utility bill can confirm the address. Continue reading to delve deeper into the features of worldtradex and discover what advantages it can offer you as a trader. Since 2015, the worldtradex broker has participated in various industry conferences and events, where its employees discuss current trends and prospects for developing financial markets.
These platforms are ideally suited for Forex trading and are equally convenient for beginners and experienced traders. The commission for withdrawing funds depends on the payment system used. When using an ECN account, a commission of $2.50 is charged for each transaction per 1 lot, which can be considered below average. Various trading commissions are charged depending on the account type and the instruments used.