I needed to determine the type of trader I’d be before choosing the right broker. Additionally, worldtradex offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders. worldtradex provides support via phone, email, and live chat during standard hours (9-6 EST) with extended coverage for urgent issues. Comprehensive FAQ sections offer self-service problem-solving, and support is available in multiple languages for international traders.
- Finding the correct broker and subscribing to the right education program took me a long time.
- We want to feel good about what we do, and the results and reviews speak for themselves.
- As the financial realm continues to evolve, so does the need for superior trading tools.
- Discover the convenience and capabilities of modern trading systems and experience trading with a reliable European broker.
- worldtradex is regulated in Cyprus, offering more than 30,000 instruments for trading.
worldtradex Broker Educational Resources
However, if you’re a neophyte (a little green behind the ears), your first consideration may be the kind of support and training you’ll receive. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. Initiating one’s journey with worldtradex is elegantly straightforward and designed with user efficiency in mind. Overnight funding fees and other transaction charges, require detailed understanding on the worldtradex platform.
worldtradex Plus
We have members that come from all walks of life and from all over the world. We love the diversity of people, just like we like diversity in trading styles. worldtradex is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission.
Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. If you’re an experienced active day trader, you may find that worldtradex has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. With low rates and a suite of platforms, worldtradex aims to meet the needs of various traders. The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Worldtradex courses scam Tenants in Common (JTIC)s, which offers custodial and trust accounts.
- Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
- Our review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges.
- These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot.
- worldtradex ensures its traders have a robust set of tools at their disposal.
Building a Knowledgeable Trading Community
These are stocks that we post daily in our Discord for our community members. Therefore, any trader style should find a suitable platform among the choices. No account maintenance fees apply, though inactive accounts may incur charges. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website.
Deposit and Withdrawals
Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms. Our review is nonetheless alive to the fact that its platform doesn’t have an integrated mutual funds screener. worldtradex is a globally renowned online securities trader that best describes itself as a deep discount brokerage house. The brokerage was launched in 2006 in Washington DC by Success Trade Securities. Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom.
The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. The « TradingFinder » platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. We generate income through various methods, which helps us convey facts transparently and not write biased content due to « broker sponsorships, » « commissions from financial companies, » and « advertisements. »
The brokerage recommends the platforms according to the type of security traded. And under the categories of “stocks,” “options,” “futures,” and “apps,” worldtradex lists the ideal platforms. We have interwoven our advantages to create a seamless tapestry of trading excellence.
The extensive forex trading options make worldtradex a perfect broker for an elevated trading experience. For those inclined toward commodities, worldtradex provides a diverse asset range, including agricultural and non-agricultural securities. Begin with a demo account to familiarize yourself with the platform, gradually transition to real trading with strict risk management, and utilize the cost savings to invest in your trading education. This balanced approach can help transform worldtradex from simply a brokerage service into a valuable partner in your trading journey. worldtradexr, the deep discount broker, has throughout the years been awarded and recognized for its contributions to the online brokerage industry.
Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. Elevate your trading experience with our multifaceted solutions and navigate the markets with enhanced insight, flexibility, and control. In a world full of trading possibilities, worldtradex is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
Platform capabilities generally receive positive comparisons, with worldtradex’s multiple platform options providing flexibility that many discount competitors lack. However, research tools and educational resources are frequently cited as areas where larger brokers maintain significant advantages. Experienced traders generally find this limitation inconsequential, as they typically rely on external research tools rather than broker-provided education. However, beginning traders frequently report needing to supplement with third-party educational resources to compensate for this gap. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market.
Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. It’s important to note that bonuses and promotions often have specific time limits and conditions. Traders should carefully review these before participating in any promotional offers. We will make sure to update our articles with the latest offerings of the broker.
Tradable Instruments
Our review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges. These can only be traded on the broker’s proprietary trading platforms where worldtradex Pro charges $2.50 per trade but are commission-free on the worldtradex lite platform. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.
Our partners are integral to our ecosystem, and we are devoted to providing them with the tools, support, and environment needed to thrive in the dynamic world of trading. worldtradex positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference.