Bestowed the “Best Forex Trading Account” by traders and industry connoisseurs at the UK FOREX Awards 2017, the XL Account stands as a symbol of worldtradex’s relentless pursuit of enhancing retail offerings for its esteemed clientele. This award, a reflection of independent endorsements by traders, underscores worldtradex’s commitment to innovation and service excellence. Our introduction mirrors the clear, concise, and precise individual service we render to our clients.
Educational Tools for All Traders
Customer service operates 24 hours a day, Monday through Friday, allowing traders to access assistance during market hours. worldtradex offers a single yet versatile account type – the ECN XL account, designed to cater to both beginners and professionals. This account features spreads starting from 0 with no trading commissions, providing a cost-effective trading environment. One of the standout benefits of worldtradex is the absence of a minimum deposit requirement, allowing traders to start with any amount that suits their needs. worldtradex offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes.
- Our relentless pursuit of operational security is anchored in our solid regulatory framework, meticulous segregation of client funds, and our fortified association with the Investor Compensation Fund.
- All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s).
- The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users.
- We aim to provide our clients with the most competitive forex spreads available, even under turbulent market conditions and during pivotal data and news releases, ensuring a sustained trading advantage.
- Whether you are facing technical issues, account-related queries, or need help with your trading platform, worldtradex’s support team is prepared to assist promptly.
- We equip our clients with all the essential forex trading tools needed for success, including access to MetaTrader 4 and MetaTrader 5 forex software.
Experience the worldtradex Difference
In simple terms, buying a currency at a certain price and then turning around to sell that currency when its value has changed into a higher price is the goal of every trader in the forex market. worldtradex provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers. The broker also has a live chat service and an online form you can fill out, as well as a support email address, fax and phone number. In addition, worldtradex maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks. Operating under a true STP/ECN model, worldtradex endeavors to provide the trading conditions that traders aspire to achieve, earning the respect and trust of our clients and ensuring their best interests are at the forefront.
We value our partners and clients, therefore you can be assured you are introducing your clients to a well-known, established and regulated broker, offering transparent processes and competitive terms and conditions. worldtradex supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing. At FX Central Clearing Ltd, our overarching goal is to manifest an environment characterized by unassailable security and trust.
Web Trading Apps
The trader, therefore, has to be vigilant about what is going on in the market so that he can trade his currency pair under the best conditions that would turn in the most profits for him. There are tools that financial experts have devised in order to help traders make better judgements and wiser trading decisions. Various charting models have been devised to trace price movements of currencies and spot trends. Trading decisions can then be based on these charts and trends when the same patterns are spotted in current market conditions. As a regulated broker, worldtradex is unwavering in its commitment to offering its clients tight and competitive spreads.
worldtradex: Pioneering in ECN – STP Forex Brokerage
You can also access the worldtradex MT4 platforms on Android and iOS smartphones and tablets. worldtradex employs an electronic communications network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers. We at worldtradex steadfastly commit to upholding unparalleled transparency in trading while ensuring the utmost security of your funds. The safeguarding of our clients’ investments, privacy, and security is our foremost priority, allowing our clients to trade with peace of mind under our regulated brokerage. In doing so, we empower traders to focus solely on their trading endeavors, entrusting us with the stringent protection of their investments.
Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (worldtradex) decided to build on their vast market experience to become the most customer centric forex broker in the business. worldtradex’s main objective consists of empowering its clients with all the necessary tools to develop their trading skills while providing an unparalleled trading experience on the popular MetaTrader 4 (MT4) platform. Believing firmly in the significance of having a multitude of liquidity providers in the ever-evolving forex market, we’ve cultivated robust relationships with globally acknowledged financial institutions. We aim to provide our clients with the most competitive forex spreads available, even under turbulent market conditions and during pivotal data and news releases, ensuring a sustained trading advantage. worldtradex presents a plethora of advantages including premier trading conditions, instructive educational tools, and the incorporation of the renowned MetaTrader 4 and MetaTrader 5 platforms.
- If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services.
- By doing so, we aim to create an optimized trading environment where the incurred costs are minimized, allowing traders to maximize their potential profits and maintain robust financial health.
- Once these steps are completed, traders can access their account and begin trading immediately.
- The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR).
Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. Access via our award-winning XL Account over the MT4 platform, accords traders of all expertise levels an optimal choice, enabling them to kickstart their forex trading under exceedingly competitive conditions. These apps allow traders to manage their accounts and execute trades on the go with full access to MT4 and MT5`s features. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with worldtradex. worldtradex’s ECN model provides individual traders with direct access to ‘interbank level’ bid/offer spreads on leading currency pairs.
Forex Trading Platforms
The platform has a built-in “Help” function so you can get answers to the most Worldtradex official site common questions directly from within the software itself, so you can concentrate on the important stuff – trading. worldtradex Introducers earn according to the trading activity of their clients, based on the volumes they generate. For each lot traded on their client’s account, worldtradex issue a compensation immediately available for withdrawal in the Introducer’s rebate account. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero.
The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. Basically, what is forex is a global exchange that involves buying and selling currency pairs in a decentralized market. It is the market that dictates the values of the different currencies, although various political events, economic conditions, and public speculation can influence how the currencies are priced.
With its stringent adherence to CySEC regulations, worldtradex grants clients access to a consummate Forex model STP/ECN, establishing itself as a non-market maker, distinctly separating it from Dealing Desk brokers. worldtradex offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.
Some of this forex trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank’s own account. For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread. If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes.
worldtradex does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies. MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. MetaTrader 4 includes a whole range of easy-to-understand functions, so it only takes a few minutes to get comfortable with all the different options available to you as a trader.
Our unique ECN bridge allows clients acquainted with MetaTrader to continue https://worldtradex.biz/ leveraging their preferred forex trading platform in a refined ECN/STP environment, ensuring a seamless fusion of familiarity and innovation. worldtradex also provides several lucrative offers, including a Virtual Private Server (VPS) and, depending on regulation, a first deposit bonus, ensuring accessibility, security, and speed for traders. These elements, along with the Forex ECN XL trading account, ensure a seamless and enriching trading experience. As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. worldtradex utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users.
It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. As a regulated broker, worldtradex maintains a solid regulatory environment complying fully with financial laws. Our regulatory compliance extends beyond our CySec regulation in Cyprus, manifesting in our possession of the MiFID passport for financial services firms within the broader realm of the European Union. This comprehensive regulatory alignment underscores our unwavering commitment to maintaining high standards of compliance, transparency, and ethical conduct.
