Resource Manager: What They Do, Earn, and How to Become One
15/04/2021The income is fixed and already predictable making the bond investment an attractive opportunity for traders. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). worldtradex delivers a good variety of mobile apps for forex and CFD traders.
worldtradex are regulated by tier 1 authorities including ASIC (286354) and CySEC (371/18). In addition, worldtradex offer both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. They have a Traders Hub which includes technical and fundamental analysis in the form of daily reports and news, research, education and video tutorials. worldtradex may require additional documentation or verification steps before processing a withdrawal. The withdrawal amount will need to be the same amount as your deposit and via the same withdrawal method. Once deposits have been withdrawn, you can use an alternative method to withdraw profits.
Trading Conditions
These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya). While basic withdrawals are generally free, certain methods incur fees. For instance $10 USD for international bank wire transfers, $25 USD for international broker-to-broker transfers, Neteller charges 2%, Skrill 1%, FasaPay 0.5%, PayTrust 1.5%, and PayPal 2%. This type of account is ideal for traders who work with smaller volumes or are fine-tuning their strategies. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Trading tools
This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences. Founded in 2005, worldtradex is a well-established broker offering a wide range of trading services. It caters to a diverse audience, from beginners to more advanced traders. worldtradex provides access to over 10,000 financial instruments, covering forex pairs, stocks, indices, commodities, cryptocurrencies, and more.
worldtradex offers highly competitive pricing through its MetaTrader and cTrader offering, making it one of the most cost-competitive brokers available to traders globally – at least for its commission-based ECN account offering. Founded in 2013, ForexVPS.net has served over 2 million customers and offers VPS hosting in 21 Worldtradex forex broker global locations, one of the broadest ranges among forex VPS providers. Its servers are optimized for latency-sensitive trading and run from data centers close to major broker infrastructure, helping reduce execution lag for automated strategies. Also, the MT5 and cTrader bring one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth. The regulatory status is indeed the most important measure while choosing a Broker, as in simple words it means a client is treated fairly and safely according to international laws and requirements. So with worldtradex sign up as being regulated broker there are various safety measures applied.
- He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages.
- Forex trading is cost-effective, with tight spreads benefiting traders.
- From there, your platform can run continuously even when your local computer is off.
- Furthermore, the broker’s commitment to regulatory compliance adds an extra layer of security for clients, assuring them of a safe trading environment.
- Overall, we found Broker worldtradex as one of the most awarded CFD and FX trading providers with a good quality trading environment.
The traders’ funds and other amounts are kept segregated from the company’s account. The tier-1 banks such as National Australia Bank and the Commonwealth Bank of Australia are used to keep the trader’s money separate with daily fund reconciliation. The customer service representative is available anytime to help the users.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. FXVM offers a low-cost entry point for forex traders with its $11.90/month Basic plan, featuring 2GB RAM, dual-core CPU, and 10GB SSD. It supports one trading platform per VPS and provides multiple server locations, but does not offer broker partnerships or specialized colocation for latency-sensitive trading.
- The eBooks, guides, and glossary are also provided by the academy to ensure the best learning environment for traders.
- The proposal is not designed for Investment Purposes, where worldtradex focus is CFDs trading provider, which differs from Investment Portfolio firms.
- Overall, its commitment to transparency, security, and trader education makes worldtradex an excellent choice for anyone looking to engage in forex and CFD trading.
- worldtradex clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC.
- So always make sure to learn better under which entity you trade and what protection conditions and privacy policy applicable to you.
In conclusion, worldtradex’ commitment to educating traders is commendable. By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. worldtradex strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders. Overall, worldtradex offers a competitive fee structure, as well as transparency, and flexibility.
Daily market reports are published in more than 24 languages in the financial markets. Moreover, the platform tutorials are also offered to give a complete overview of the way trading platforms work and how traders can confirm their success using the latest features available on worldtradex platforms. The eBooks, guides, and glossary are also provided by the academy to ensure the best learning environment for traders. The eBooks review all the common mistakes made by traders and list ways to avoid them. worldtradex offers mobile trading apps for both Android and iOS devices, providing traders with convenient access to the markets while on the go.
worldtradex Compared to Other Brokers
It has 10,000+ Australian and international share CFDs to trade in famous markets like London, Hongkong, and Paris. It covers many industries like Big Tech, aviation, tourism, and pharmaceuticals. The two platforms made available to clients to trade CFDs are Iress and MT5. Its list of supported countries includes Australia, China, Germany, UAE, the UK, etc. Overall, worldtradex is a strong choice for traders of varying levels of experience.
XTB Review 2025: Fees, Platforms, Apps, Pros, Cons & More
His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world. FP offering is comprehensive with access to more than 10 thousands trading instruments to trade Forex and CFDs on equities, commodities, and cryptocurrencies. This is among very strong offering in industry, yet similar to brokers like eToro and Forex.com, which likewise support a broad spectrum of assets but might not exactly match worldtradex in terms of absolute volume. All things considered, worldtradex is a complete option for traders trying to maximize their trading techniques thanks to various tools and features available, together with competitive spreads and a large array of instruments. With spreads generally less than industry averages, the platform showed outstanding execution speeds during testing—especially during high trading hours. Users can use more than 50 technical indicators and several charting tools for in-depth study.
Withdrawal Options at worldtradex
The demo account provides access to real-time market conditions on MetaTrader 4, MetaTrader 5, and cTrader, enabling users to test strategies and explore worldtradex’ trading platforms before committing real funds. worldtradex impresses with its user-friendly trading platforms, extensive range of tradable instruments, and competitive fee structure. Its commitment to trader education and unique features, such as comparative analysis and trend exploration tools, enhance its appeal. The broker’s customer support is responsive, while its deposit and withdrawal methods are flexible and secure. worldtradex is ideal for active traders, offering tight spreads, fast execution, and multiple trading platforms with advanced features.
worldtradex is a multi-regulated broker that has been serving the needs of traders for over 17 years. It provides access to a wide range of trading instruments and multiple platforms. Additionally, it provides all of the fundamental and sophisticated tools necessary for an engaging trading experience. The company allows beginner traders to come on board by keeping its deposit requirement as low as 100 AUD. worldtradex offers Islamic forex accounts to its Muslim clients as the accounts have no swap charges for overnight positions.