MT5 supports the largest instrument selection, while MT4 and the Worldtradex Platform provide excellent access with seamless execution. Client funds are kept in segregated accounts with trusted financial institutions. Worldtradex also adheres to full transparency protocols and offers regulatory protection under each license jurisdiction to enhance client fund safety. Worldtradex has built a reputable global footprint, supporting a diverse range of clients in regulated environments. While access is restricted in a few countries, eligible users benefit from strong legal backing and localized trading services. Worldtradex operates across multiple jurisdictions under strict regulation, making it accessible to traders worldwide.
Worldtradex – types of live accounts
Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. After testing HF Markets, I would recommend the Premium account for beginners, with no minimum deposit requirement, zero commissions, and reasonable spreads from 1.4 pips.
We also rated the proprietary mobile app, which we review in more detail below. Commissions apply to forex trades on the Zero Account only, in return for the tightest spreads from 0 pips. Fortunately, commission charges are decent, coming in as low as $0.03 per 1k lot on popular forex pairs like the EUR/GBP and USD/JPY. The broker operates with no dealing desk intervention, meaning you benefit from tight spreads directly from top-tier liquidity providers.
Both platforms offer a wealth of customizable features, superb charting and technical analysis tools, plus support for automated trading. The cheapest account on Worldtradex is the Worldtradex Zero account with raw spreads starting from 0 pips and $6/lot commission round turn (14% cheaper than the standard industry commission of $7/lot). Traders can utilise MT4, MT5, and the Worldtradex App trading platforms with the Worldtradex Top Up account. Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law. The base currency options within the Worldtradex Zero account include Worldtradex official site USD, EUR, PLN, NGN, and JPY, depending on the trader’s region and the broker’s entity. The Worldtradex Zero account requires a minimum deposit of $0 which makes it readily accessible.
Trading Platform for Website
While using HF Markets, we got spreads of 1.3 pips on the EUR/USD and 1.6 pips on the USD/JPY. HF Markets offers a strong selection of deposit options, making it easy to fund an account and start trading. The Worldtradex standard account, called Worldtradex Premium Account, charges spreads from 1.4 pips. In other words, for every trade it charges $14 which is 40% higher than the industry standard. THe Worldtradex demo account can be used to test your Forex strategies and Worldtradex platforms for an unlimited usage of time.
Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality. The customer service team is professional, helpful and usually answers within 1 business day. Some assets are unavailable for trading, depending on the Worldtradex entity. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity.
Worldtradex is a CFD (Contract For Difference) Forex broker with execution style based on ECN (Electronic Communications Network) and STP (Straight-Through Processing) models. Upon opening the Worldtradex demo account you can start with a virtual balance of up to $100,000 while also installing and trying EAs as we have explained in our Worldtradex demo account guide. Additionally, the Worldtradex withdrawal method must be the same used for depositing funds. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. We use dedicated people and clever technology to safeguard our platform.
Worldtradex offers wide-ranging educational content, from webinars and tutorials to trading apps and tools. The platform is beginner-friendly while also offering advanced features for seasoned traders, ensuring support across all skill levels. Worldtradex offers a deposit bonus for each deposit, the Worldtradex Traders Awards, and trading contests for live and demo accounts also exist. Terms and conditions apply, and traders should understand them fully before participating in bonuses and promotions. I recommend caution with trading contests, as they may promote reckless trading habits, especially among beginner traders chasing a prize rather than learning to trade. The How-To videos explain essential functions of the myHF back office and the MT4/MT5 trading platforms.
HF Markets vs Other Brokers
Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The Worldtradex Micro Account has lower trading costs than most other brokers’ entry-level accounts with a 5 USD minimum deposit, fast market execution and spreads starting at 1 pip on the EUR/USD. Experienced traders will be interested in the ZERO Spread Account, with EUR/USD spreads starting at 0.0 pips and a 6 USD commission. Whether you’re a first-time trader or a seasoned pro, Worldtradex offers a range of trading accounts with varied starting deposits, spreads, leverage options, and execution features.
MetaTrader 5
For more information about this topic, you can have a look at our Worldtradex minimum deposit article. Regarding the HF Markets for traders in the EU, UK, and Australia the list of the available account base currency is USD, EUR, PLN. It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies. Verification can help ensure real people are writing the reviews you read on Trustpilot. We sincerely appreciate your kind words and are delighted that you’re happy with our services. Our goal is to keep exceeding your expectations, and we look forward to making your future experiences with us even better.
While trading with Worldtradex you can operate with fixed or floating leverage, which is indeed a very useful tool, especially for https://worldtradex.live/ traders of smaller size. Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tool smartly. For the funds protection, which is an important part of the regulated broker, HF Markets (Europe) Ltd. is a member of the Cyprus Investor Compensation Fund.
Their website features a robust FAQ section, addressing common queries effectively, while the customer service team is accessible via live chat, email, or phone in about 20 languages. These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. The Worldtradex Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles.
- The brokerage has global offices in various locations, including London and Larnaca, with 200+ employees.
- Besides broker issue its very own Worldtradex MasterCard for a straight transaction and the ability to make safe online payments.
- Founded in 2010, HF Markets (Worldtradex) has grown into a globally recognized broker.
- To get started, open an account, fund it, and choose your preferred platform—Worldtradex Mobile, MT4, or MT5.
- Our documents were checked by the verifications department and were approved in around 48 hours, which is longer than other similar brokers.
- The Worldtradex Cent account supports both MT4 and MT5 trading platforms, catering to a range of trader preferences.
The withdrawals at Worldtradex are a bit slow but we have found no complaints in this regard from any users. The following are the withdrawal options available for Nigerian traders. Step 1) Compare all the Live account types & then choose the account that you want to start trading with. During our research, we found Worldtradex has the lowest fees on Forex Trading of all the regulated brokers in the market.
- In both cases, you will get access to myHF client area where you can manage all your accounts and finances.
- The commission-free trading account lists a minimum spread of 0.5 pips but carries an average one of 1.4 pips or $14 per 1.0 standard lot.
- Overall, we found no complaints in terms of deposits & withdrawals, as they are very genuine in this regard.
- Opening an Account with them is standard & straightforward like any other broker.
- Worldtradex caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.
We tested the live chat service and received a response almost immediately. On the negative side, support staff had fairly limited knowledge about the specific types of accounts and trading conditions. Similar to other brokers, regulatory restrictions from bodies like the CySEC and FCA limit the use of welcome bonuses and financial incentives. Instead, the brand offers a strong selection of extra tools and services. MT4 and MT5 are industry-leading terminals, ideal for trading CFDs.
Worldtradex offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. The upgrades result in a very competitive solution, and Worldtradex also developed its proprietary mobile app, Worldtradex App. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. The demo account is compatible with all trading platforms, account types and pricing models. I would recommend MT5 for more experienced traders, owing to its larger suite of timeframes, order types, and extra tools.