worldtradex MT4 Free Download

The radar chart to the left shows how important each category is when calculating a broker’s final score. For the purposes of this review, we found the customer support responsive but uninformed. They were unable to answer many of our questions and seemed generally confused. Customer support is available 24/5, in 30 different languages to support clients from over 180 countries in Europe, Asia, the Middle East, Africa, and Latin America.

The final trading cost to consider at worldtradex is the swap rate charged on positions held overnight. In the case of Forex instruments, the amount charged depends on both the positions taken (i.e. long or short) and the rate differentials between the two currencies traded. worldtradex’s swap rates are published on its website for each financial instrument, and the exchange is automatically converted to the base currency of the trading account of the client.

• To add your worldtradex account to MT4, you have to first ‘Register’ with the broker by filling out some basic info like your name, country, base currency and your preferred password.
• You can find instructions for using the MetaTrader 4 platform on worldtradex as well as numerous outside resources.
• His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
• This can be vital if there is a scenario where there is some major market news that I need to try and capitalise on.

The broker provides specialized account options and customer support tailored to the preferences of traders in these regions. worldtradex’s competitive trading conditions and commitment to security make it a preferred choice for many traders across the Middle East and Africa. worldtradex has a strong presence in various Asian countries, including Malaysia, Thailand, Vietnam, Indonesia, Singapore, and the Philippines. The broker provides localized support and offers services tailored to meet the needs of traders in the Asian market. With high leverage options and multiple trading platforms, worldtradex continues to attract a growing number of traders from this region.

Deposits & Withdrawals

• worldtradex offers accounts denominated in GBP, which means that UK residents will not have to pay currency conversion fees.
• worldtradex offers a variety of commodities for trading, including precious metals, energy products, and agricultural goods.
• Overall, I concluded that worldtradex is an excellent choice for day traders, copy traders, and algorithmic traders.
• The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

Those who want to trade from a mobile device will have to use a mobile version of MetaTrader 4. It is Worldtradex forex broker theoretically possible to use the WebTrader on a mobile device, but not recommended. The mobile applications for MT4 are fully featured and highly rated, so there should be no issue. worldtradex also offers a Demo Account, and in the past a Cashback Account, which unfortunately is no longer available. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.

Islamic Accounts

Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.

worldtradex Deposits

worldtradex’s support for the Sirix Social WebTrader platform lets you access financial markets and recent trades. You can also access a network of other traders so you can review their past performance and copy their trades in your own account if you wish. The Sirix Social WebTrader software comes in a web version for desktops, as well as mobile apps for smartphones and tablets.

The range of MT4 platforms supported by worldtradex allows this platform to appeal to traders of all skill levels. Beginners may stick to MT4 Standard while experienced traders will use MT4 Advanced and professionals or money managers will use the Personal Multi-Account Manager. MetaTrader 4 is a straightforward platform that allows for efficient trading for all skill levels. Beginners can stick to the regular version of MT4, the WebTrader, or the mobile version. The MT4 Advanced platform will be the choice of advanced traders who want these enhanced charting tools, which include the built-in EA ability, automated strategies, live monitors, and more. The Personal Multi-Account Manager is also highly advanced, making it possible to trade several MT4 accounts at the same time and offer the same advanced charting tools.

Signal followers can quickly and easily assess the performance of various trading strategies based on various parameters, including their average return, maximum risk, longevity, and more. I have compiled the table below to help you better understand the difference between the trading fees with worldtradex’s No Commission account type and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. The broker also offers downloadable e-books that serve as comprehensive guides to forex and CFD trading. These e-books cover a wide range of topics, from understanding market mechanics to developing effective trading strategies. Traders can download these resources and refer to them at their convenience, building a strong foundation in trading knowledge at their own pace.

How do I deposit/withdraw money into/from an worldtradex account?

It lets you execute CFD and forex trades easily, which then get reflected automatically on other platforms. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times.

worldtradex offers a variety of account types to cater to different trading needs, including Standard, Premium, VIP, Zero Fixed Spread, and STP/ECN accounts. Each account type has specific features, such as varying spreads, commission structures, and leverage options. worldtradex offers comprehensive customer support services available 24/5 in a wide range of languages, including Arabic, Chinese, English, French, German, Spanish, Russian, Persian, and many more.

Official website has an easy-to-read format with links to all the basic areas you might find useful or have questions about. In addition to a helpful FAQ and some educational material, the website offers the latest market news and in-house expert analysis, as does its free mobile research app. The main usability issue is with the lack of communication between worldtradex’s CFD and cryptocurrency trading platforms. Offers an unusually broad variety of trading account types that should suit most traders, and traders can register multiple account types. All account types allow traders to access a Dedicated Account Manager on a 24/5 basis and the Dealing Department Transaction Hotline. All of the accounts currently supported by worldtradex allow dealing in minimum lot sizes of 0.01.

Understanding the Regulatory Protections of Your Account

worldtradex provides a rich collection of educational articles that delve into various aspects of trading. These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators. They are well-researched and written in an easy-to-understand format, making complex trading concepts accessible to traders of all skill levels. The articles are regularly updated to reflect current market conditions and trends. worldtradex offers an extensive choice of Contract for Difference (CFD) instruments. The broker’s wide range of CFDs include those based on an extensive list of forex pairs, in addition to commodities, indices, futures and over 100 individual stocks.

The broker’s advanced trading platforms, competitive spreads, and risk management tools ensure that traders can trade efficiently and confidently across multiple asset classes. Founded in 2010, worldtradex has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, worldtradex is regulated by top authorities, including the FCA and FSCA. With its headquarters in Cyprus, the broker provides both ECN/STP and Market Maker execution types, catering to traders of all experience levels. A standout feature is the low trading fees available in the Absolute Zero account type, which offers raw spreads from 0.0 pips and minimal commissions.