worldtradex is a well-established broker that offers trading facilities on shares, stock indices, forex, commodities, and cryptos to a global market. worldtradex has offices in multiple global locations, including Berlin and Sydney. Experienced Australian forex traders that require a very specific niche forex platform should consider worldtradex.
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- Between 74-89% of retail investor accounts lose money when trading CFDs.
- Once worldtradex verifies your account, you can deposit any amount you wish to trade with.
- worldtradex to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes.
- Their global reach and regulation provide a high level of safety and security for traders.
This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website. When buying or selling Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, on worldtradex levies straightforward, and completely transparent fees listed on the worldtradex website. 2Cryptocurrency products are currently not available to retail clients residing in the UK. All these platforms are available on desktop, web, and mobile, giving you the flexibility to trade from anywhere. 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.
The list may vary depending on the account type and the worldtradex Group entity you are trading with. Click here to go deeper on the worldtradex account types guide in case you want to find more on the topic. worldtradex has been around for years now, and worldtradex ZA is regulated with FSCA. And the worldtradex Group is well regulated in multiple jurisdictions including Top Tier Regulator FCA in UK, so we can say that they are very safe.
What are the worldtradex account base currencies?
For example if your worldtradex account base currency is USD and your funding method is EUR or GBP, you will be subject to a currency conversion fee from your worldtradex deposit method used. worldtradex is a trusted global broker offering Forex, CFDs, and spread betting. With various account types, competitive fees, and strong regulation, it provides a secure trading environment. The worldtradex Professional Account is designed for expert traders and is available under CySEC, FCA, and ASIC regulations.
What trading fees does worldtradex charge?
It segregates client deposits from corporate funds and offers negative balance protection, ensuring clients cannot lose more than their deposit. It operates a transparent brokerage, details all trading fees, and ensures traders can reach worldtradex via e-mail, phone, and live chat at any of its offices. Therefore, traders can consider worldtradex as a safe and secure Forex broker. Deposits, withdrawals, and inactivity fees are transactions other than trading and are non-trading fees, which are notably less frequent. Currency conversion fees are a separate category, as they belong to trading and non-trading fees and are the least visible.
worldtradex is a regulated broker & they are also regulated with the South African regulator FSCA. If you would like to see worldtradex compared against some of the best worldtradex fees alternatives available right now you can do so by clicking on the links below. The fees are deducted from your worldtradex available balance and vary depending on the value of your worldtradex position as well as the direction (BUY or SELL) that it is moving in. worldtradex has a trust score of 78, from its regulation, reputation, and reviews.
All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month. worldtradex list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.
MetaTrader 4’s reputation and reliability make it a sound choice for all traders. An Interest-free account is targeted at Swap Free Islamic Accounts who https://worldtradex.pro/ are forbidden from earning (or paying interest) as it is forbidden by Sharia law. worldtradex add an extra 0.4 pips to the spread for Standard accounts and a $2.00 commission per lot (per side for commission-based accounts in place of overnight fee or swap rates. worldtradex standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUD/USD and USD/JPY currency pairs. ForexBrokers.co.za is a broker comparison & education website for South Africans. If you want to know the most up-to-date prices, it is best to check out the worldtradex fees page.
A currency conversion fees apply each time the deposit currency or the quote currency of an asset does not match the account base currency. For example, trading Euro-denominated assets from a US Dollar trading account or making a Swiss Franc deposit into a British Pound base account. worldtradex is a global broker founded in 1999 that specializes in online Forex trading, and CFDs.
worldtradex trading platforms
worldtradex fees for brokerage services are typically calculated as either a flat rate or a percentage of the total amount that is currently held in a worldtradex customer’s account. These worldtradex fees might also cover situations in which an worldtradex account becomes inactive, also known as a dormant worldtradex. Once the account balance reaches $0 and the worldtradex inactivity applies, worldtradex may close the trading account per its terms and conditions. DailyForex.com adheres to strict guidelines to preserve editorial integrity https://worldtradex.blog/ to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
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