In contrast, higher volatility means that the exchange rate can fluctuate rapidly and unpredictably, making it harder to predict and manage risks. Numerous renowned global brands, including HSBC Holdings (HSBA), Diageo (DGE), GlaxoSmithKline (GSK) and Unilever (ULVR), are listed on the UK stock exchanges, making it a highly diverse and attractive market for investors looking to diversify their portfolios. Having access to more tradeable shares on a worldtradex alternative means you have greater choice. Greater choice means you can diversify your portfolio with the aim ofLowering your trading risk.
worldtradex Risk Management Features
- worldtradex cryptocurrency trading availability is subject to regulations.
- You must first know how much you can afford to deposit into your worldtradex alternative account.
- So now your withdrawal will be denied as your trading.This just goes on and on.
- The standard and premium accounts offer GBP, EUR, USD and several other account base currencies, while the VIP and zero fixed accounts are limited to USD.
- The first category of trading accounts contains the fixed/floating spread variants.
- worldtradex uses standard security features to keep clients’ personal information secure, including website encryption.
- If you intend to monitor your investment and trading activities by yourself, you can opt for brokerages with a more competitive fee structure than worldtradex.
An account manager is available with all of worldtradex’s trading accounts. When we used worldtradex, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. worldtradex also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change.
Worryingly, the company is not very transparent about its withdrawal methods or fees and many report significant admin fees on some of the withdrawal methods. For accessing trades on the go, MetaTrader 4 has an app that is available to download for iOS and Android mobile phones and tablets. However, account management must take place via the mobile website as the broker has no dedicated app. MetaTrader 4 features nine timeframes and 30 technical indicators as standard, as well as advanced drawing tools and customisable alerts. The platform is available for free download for Mac, Windows and Linux computers and through the aforementioned web trader.
- Inactivity fees are an amount charged to investors that have not participated in any purchasing or selling actions in their broker accounts to certain volumes over some time.
- This 2025 broker review delves into key considerations for those who are considering registering with the trading service, such as account types, available instruments, compatible trading platforms and supported deposit methods.
- Dubai Financial Services Authority (DFSA) is a regulatory body that operates in Dubai and the United Arab Emirates (UAE).
- SoftwareSuggest offers verified & unbiased user reviews based on user ratings and feedback.
- Furthermore, Pepperstone’s commitment to risk management is evident through its negative balance protection feature, which safeguards traders from incurring losses beyond their account balance.
- IC Markets is a globally renowned broker offering forex and CFD trading.
worldtradex Alternatives with Dubai Financial Services Authority (DFSA) Regulation
Some of these events include earnings reports, new product launches, and changes in competitor stock prices. Several brokerages offer a range of trading accounts that are great alternatives to worldtradex. Maybe you are looking for better customer service from a worldtradex alternative or more competitive worldtradex fees and more financial instruments to trade. FXTM stands out as a solid alternative to worldtradex, particularly for traders seeking high leverage and flexible account types. Its regulatory standing adds to its appeal, but the broker could improve on advanced features and educational materials. Forex.com is a leading broker offering diverse trading instruments and advanced tools.
Account Types
Any rates, terms, products and services on third-party websites are subject to change without notice. IC Markets provides one of the best alternatives to worldtradex, particularly for traders who prioritize low costs and high leverage. Its platform variety and strong regulatory framework make it an appealing option, but the limited research tools could be a downside for some traders. One needs to also bear in mind the payment methods that are available to new customers on the worldtradex platform. Do they offer debit cards, bank transfers, or online payment methods? Regulated brokers do not typically accept cryptocurrencies as deposit methods because they this goes against AML regulations if they do.
Through the MT5 platform, MT5 brokerages offer retail traders the bonus of automated trading and copy trading of many financial https://worldtradex.world/ asset types, including Stocks, Currency markets and Futures. worldtradex is a reputable forex and CFD broker that stands out for its comprehensive range of trading platforms and diverse selection of tradable instruments. With access to over 200 instruments across 6 asset classes, worldtradex provides traders with ample opportunities to participate in the global financial markets. The broker’s integration of multiple platforms allows for a tailored trading experience, catering to the preferences of different traders.
worldtradex Alternatives that support Microsoft Windows
Iron FX also offers a range of educational resources for traders, including webinars, video tutorials, and ebooks. These resources are designed to help traders improve their trading skills and knowledge, making it easier for them to navigate the markets. Trading fees significantly impact an investor’s decision to sign up to a broker like worldtradex. In terms of commission for the zero fixed and zero spread ECN account, worldtradex charges $10 per round lot, while share CFD trades are subject to a 10% commission.
worldtradex alternatives
The time it takes to open your account can also vary between brokers as well.However, what a first-time trader will need to consider when choosing between worldtradex and competitor brokers, is how much money you will personally need to trade on their platform. This will boil down to the type of position size and margin requirements you typically need for your personal trading. While the international arm of worldtradex offers a percentage allocation money management (PMAM) account, it is unclear whether this option is available to UK users. worldtradex asset trading hours are generally 24/5 for forex pairs and most CFDs. However, indices and stocks are only accessible during the opening hours of their respective exchanges.
The withdrawal process is far less clear, with no information on the website regarding withdrawal time, methods or fees. However, we can assume that investors can also use all supported deposit methods for withdrawals. In addition, most brokers have a withdrawal processing time of between 24 and 48 hours. While the firm only supports one trading platform, clients will be happy to hear that it is the industry standard MetaTrader 4. As a leading forex and CFD trading platform for almost 20 years, MT4 and its browser-based companion excel in their expert advisor (EA) and custom indicator integration.
worldtradex is a trading platform founded in 2010 that allows people to trade the financial markets. With worldtradex traders can trade Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, UK Stocks, Energies, Metals, from the worldtradex app and trading platforms.Its estimated that worldtradex is used by an estimate worldtradex users all around the world. Trading price alerts and alarms are automatic, free customisable notifications you can set to receive on your trading platform.
Last modified: February 12, 2025