Worldtradex Broker Review Worldtradex information, review, opinions
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Simply download the Worldtradex App from the App Store or Google Play, register with a myHF account, and open a Live or Demo account. Once set up, you’re ready to trade across global markets instantly. Traders can access all available instruments on the Zero Account, including Forex and Gold. Raw spreads are available on specific symbols, giving access to deep liquidity with minimal cost. ?????Regulated and trusted by FCA, FSA, DFSA, FSCA, CMA?????2508 new traders chose this broker in the last 90 days.?????Available for global Traders. Worldtradex caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.
How to open Naira Account with Worldtradex?
Premium Pro account provides access to all Worldtradex trading instruments with a minimum trade size of 0.01 lot. Pro account provides access to all Worldtradex trading instruments with a minimum trade size of 0.01 lot. The Premium account provides access to the full range of Worldtradex trading instruments, with a minimum trade size of 0.01 lot. The Worldtradex Zero account is a versatile trading solution suitable for traders of all levels, under any Worldtradex entity. The Zero account features raw spreads from top liquidity providers. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Worldtradex’s research and market analysis is divided into three main sections, each of which provides a specialised benefit for traders looking for market insight and trading opportunities. Worldtradex is a global CFD broker offering a relatively wide range of trading products including Forex, commodities, indices, shares, bonds, and ETFs – though it recently stopped offering crypto CFDs. Worldtradex is regulated by multiple Tier-1 & Tier-2 regulators including FCA, FSCA & CySEC.
We found Worldtradex’s bonus is the best out of all the brokers that we have compared so far. We did not find any other regulated broker that offered better welcome bonus to Nigerian traders. As per our research, the company’s deposit and withdrawal methods are good, and they even support local bank transfers (but they are little slower than some other brokers like FXTM). Opening an Account with them is standard & straightforward like any other broker. We signed up for their Premium account (low spread & good execution).
With a 0 USD minimum deposit, smaller contract sizes, and access to real-market conditions, it provides a safe and cost-effective way to learn and practice trading strategies. With a $0 minimum deposit and micro trade sizes, the Cent Account allows new traders to gain real-market exposure with minimal risk — an ideal bridge from demo to live trading. Worldtradex is more than just a forex broker – it’s an award-winning trading hub. With tight spreads, strong security, powerful tools, and outstanding support, it’s built for traders who want performance without compromise.
HotForex or Worldtradex is not licensed by any regulatory intuition in Nigeria. They are operating any license, and when you open you account, it is under “HF Markets (SV) Ltd”, which is an offshore entity. All your trades are being placed with this foreign entity, registered under the laws of St. Vincent & the Grenadines. Worldtradex’s support is quick, easily reachable & available 24/5 in English for Nigerian traders.
Worldtradex’s Trading Platforms
We recommend using MT5 if you are looking for a more powerful and faster trading platform when it comes to back-testing functionality for automated trading algorithms. Additionally, traders prefer MT5 for its depth of market display, additional technical indicators (38 as opposed to 30 on MT4), and analytical tools. They also offer Naira accounts and the minimum deposit in NGN is equivalent to the amount in USD for that account type. Worldtradex claim to be a NDD & STP CFD broker, with market execution with all account types.
- From the very beginning you may sign in for Demo Account and then transfer it to a Live one just by depositing money.
- There is a very high degree of risk involved in trading securities.
- One of the Worldtradex Pros also its offered market range that includes 17 trading tools and 150+ trading products with access to global markets.
As with all raw spread accounts, you will be charged a commission – in this case, the charge is 3 USD per lot (6 USD total round turn) on major forex pairs. Worldtradex offers CFD (Contract For Difference) trading on Forex, commodities, stocks, cryptos and indices. Worldtradex is a globally recognized company dedicated to providing several account types and trading platforms, catering to both novice and experienced traders.
Premium Pro
I found the navigation bar particularly easy to use, with simple switching between functions. The charts are also customizable with the option of three different styles and nine timeframes. You can also add four popular technical indicators including RSI Worldtradex scam and MACD.
What instruments can I trade on Worldtradex, MT4, and MT5?
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). You can trade efficiently using the Desktop Platform or the WebTerminal, which works on any browser. The MT4 MultiTerminal allows you to manage multiple accounts at once. You can also copy trades or become a professional trader to be copied using Worldtradex’s advanced PAMM technology. Also, Worldtradex offers different bonuses to improve your trading conditions.
One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Certain products & services may or may not be available to all clients depending on which Worldtradex Group entity their trading account(s) adheres to. Of course, there is a mobile trading platform as well a Worldtradex Mobile Application with an option to trade “on the go”. MT4 and MT5 mobile trading are known for its advanced capabilities and interactive charts with almost the same productivity as its full versions.
Worldtradex trading fees are competitive with pricing quoted directly from leading liquidity providers. Spreads are available from 0 pips alongside low commission charges. You can trade on the Zero profile with forex commissions from $0.03 per 1k lot. The Premium and Premium Pro accounts offer zero commissions and tight, floating spreads. Our research team conducts thorough testing on a wide range of features, products, https://worldtradex.space/ services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
I am happy with the services and I do recommend them being so nice. For fastest response time, we suggest to use the live chat on their website. You can talk to their support at any time during the week days & expect prompt response. Now coming to the withdrawal methods, Worldtradex offers a range of options to its customers.
HF Markets Review
If a broker doesn’t update or listen to their customers, they might fall behind. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories.
- This includes the Cyprus Securities and Exchange Commission, UK Financial Conduct Authority, and Dubai Financial Services Authority.
- We opened a demo account and found that it does not expire, which is helpful for beginner traders.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons.
Its strong affiliate program and market insights make it appealing to both beginners and seasoned traders. Worldtradex’s award-winning mobile trading app delivers a seamless, feature-rich experience for traders at every level. With real-time quotes, advanced tools, and secure account management, the Worldtradex App transforms your smartphone into a full-scale trading command center. The Zero Account offers raw spreads starting from 0.0 pips on Forex and Gold, with a commission of $3 per lot.
The Worldtradex login process is seamless, providing instant access to its robust MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which feature advanced charting tools and lightning-fast execution speeds. Worldtradex, established in 2010, has grown into a reputable broker in the forex and CFD trading industry. With a diverse offering that includes multiple trading platforms and advanced trading tools, Worldtradex aims to cater to a broad spectrum of traders, from beginners to experienced professionals. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
The bulk of business derives from HF Markets (SV) Ltd, registered as an International Business Company (IBC) in St. Vincent & the Grenadines, registration number IBC 2015. Since Worldtradex Group has licenses from multiple world-class Forex regulators, I can confidently suggest that traders manage their portfolios at HF Markets (SV) Ltd. So in order to deposit money on Worldtradex you simply need to select the payment provider of your preference, as well as the one that is available at your region and proceed with the payment.
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