Fundamental analysts track economic events and their market impact. Research distribution ensures clients receive timely market insights across multiple channels. Traders can withdraw the worldtradex bonus after they meet a trade volume requirement of half the bonus amount in lots.
- But to withdraw the bonus funds, you need to trade half the number of standard lots equal to the bonus that you receive.
- They are regulated with only two Tier-2 regulations and no Tier-1 regulation.
- After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional.
- The webinars have also been structured so that you can learn at your level.
- It is also worth mentioning that worldtradex also maintains other security procedures to enhance the safety of traders.
Overall, worldtradex does not charge any hidden fees that we noticed. Plus they have an option to open an Islamic account for Swap Free trading. Regular trading seminars connect Malaysian traders with market experts. Local trading communities receive support for educational initiatives. Social trading programs enable knowledge sharing between traders. Trading competitions create opportunities for skill demonstration.
worldtradex primary offers their proprietary platform worldtradexTrader, which is available on all devices. The platform has most of the features, but the downside is that you cannot trade CFDs on stocks on their proprietary platform. So, if you are trading GBP/USD for example on worldtradexTrader, the typical spreads are 1.2 pips normally intraday during active sessions. Below is the screenshot of their live spreads taken during the NY session opening. The actual spreads may be higher or lower depending on the market volatility. worldtradex is less well-regulated than other comparable brokers, however, they have been in operation since 2011 and are trusted by thousands of users worldwide.
Bolehkah worldtradexFX Membantu Anda Menguasai Seni Forex?
See how leading review platforms in the trading industry rate us. However, worldtradex has a good track record Worldtradex company reviews and is used by users across many countries. They also have separation of funds and anti-money laundering policies in place.
What is worldtradex’s fees for forex trading?
worldtradexFX Malaysia provides forex and CFD trading services since 2011. Operating in Malaysia, the company maintains high standards of trading execution and client support. The Malaysian office serves as a regional hub for Southeast Asian traders. Trading volumes exceed 50 million USD daily through Malaysian https://worldtradex.bid/ operations. The company processes over 1,200 transactions daily for Malaysian clients. worldtradex promotions program currently offers a 50% deposit bonus to traders on a minimum deposit amount of $50.
Can I make money from worldtradex?
The customer support of worldtradex is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory. After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional. Some representatives could not answer some questions and referred us to send an email enquiry instead. Some chat agents declined to answer some questions, claiming they could only give such information to registered worldtradex traders. worldtradex provides Market Execution on all trading instruments. This means your orders are transferred to interbank liquidity providers.
However, some orders may fail to offset or worldtradex might choose not to upset them. The webinars have also been structured so that you can learn at your level. There are webinars for all levels of experience and there some for beginners. Note that you need to verify your account before you can initiate withdrawals.
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worldtradex Base Account Currency
With worldtradex, you can trade using your mobile, web browser, or desktop regardless of the trading platform. For users who want to trade stock CFDs, you would need to open MT5 account, because you cannot trade stock CFDs on worldtradex MT4. worldtradex does not charge any deposit or withdrawal fees which makes it highly attractive to open an account with them. For example, the spreads on DE40 is 2 pips, which is the lowest compared to other CFD brokers. Other brokers charge more than 20 pips on trading DE30 & DE40. Their spreads on gold on average are 2.8 pips, which is moderate.
- When you trade with worldtradex, it is at your own risk, because they are not regulated in Malaysia.
- worldtradexFX Malaysia continues expanding services and market presence.
- They offer forex trading and CFDs on indices, cryptos, metals, and energies through MT4 and MT5 platforms.
- Commodity trading includes oil, gold, and agricultural products.
- Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official worldtradex broker app.
worldtradex presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services. Read our guides on how you can get started with forex trading. Plus, refer to our broker comparison lists for finding trusted forex brokers. The minimum deposit in worldtradex is only $20 with their Metatrader 4 Account.
Trading Platform Features
Multiple data centers provide redundancy and reliability. Performance monitoring maintains high execution standards. Continuous platform development enhances trading capabilities. Integration of advanced analytical tools improves trading decisions.
Forex basics
Arbitrage strategies carry along with them latency abuse, price manipulation, and time manipulation. If you are found using these strategies, worldtradex might cancel your orders, cancel your profits, close all your trading accounts, and refuse to allow you to open a new one. Also, addition, orders less than 180 seconds can be considered abuse and canceled too. Because worldtradex provides market execution, there is a high likelihood that your orders might be opened or closed at a price different from your requested price. Unlike some brokers who strive to get the next best price for you in this situation, worldtradex deems this slippage natural and will not bear any responsibility for it.