Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. The wide selection of powerful trading platforms is one of the biggest selling points of WorldTradex for me.
If WorldTradex cannot satisfy repayment claims, eligible claimants have the right to compensation by the Financial Services Compensation Scheme, up to £85,000. I do note, however, that I had to enable hedging before I could make use of this strategy, though I did this easily by accessing my account settings. Note that the regulated branches will not offer promotional schemes due to regulatory restrictions. For these reasons, I rate Trading Station highly among the dozens of proprietary platforms I have tested. Overnight costs are also applied for positions held after 10 pm GMT, but this is industry standard.
How do I deposit funds in an WorldTradex account?
This is the more reason the WorldTradex platform is having a demo account for individuals that want to test the platform. There are lots of tools and practice trades on the demo with free unlimited access. The charts are integrated financial tools that are useful for every trader. It aids investors to effectively and easily communicating useful information about the market trends. For those who have been to high school, charts should not be a new thing for them now that they are on the WorldTradex trading platform. WorldTradex provides 4 different trading platforms to get access to the financial markets.
The company has over 10 international offices and more than 25 industry awards. In particular, I would recommend Capitalise.ai for users interested in algorithmic trading but that don’t have coding skills. You can enter instructions in text form and the tool will sort the coding for you. All in all, I think the asset classes offer broad coverage that most traders will get a lot out of, but WorldTradex’s instrument list lacks depth, especially in its range of stocks.
Trading offers: A review of the conditions for traders
This can be a good way to get some inspiration for trade opportunities. The broker provides a Python wrapper that integrates seamlessly with Jupyter Notebook. In addition, WorldTradex also gives real-world examples of how to use WorldTradex data to develop and test strategies on popular platforms such as BT Analysis, QSTrader, Zipline, and QuantConnect. WorldTradex caters to most international traders, including residents of UK, Australia, South Africa, and Malaysia.
Deposit & Withdrawal Currency Conversion Fees
The only exception here is if you are depositing in a non-base currency at which time you may incur a currency conversion fee. Your bank may also charge you for making wire transfers depending on their policy. Here are some more details in regard to the WorldTradex minimum deposit and the deposit methods that are available to you as a trader with WorldTradex. Also, you only need the most basic of details including your name, email, country, and a mobile number in order to open an WorldTradex demo account, the process could not be easier. Added to this, WorldTradex also provides for additional insurance which will protect you in the event of bankruptcy and insolvency.
Market Analysis from WorldTradex Experts
The account has a minimum spread of 3 pips, and traders may incur rollover fees. Negative balance protection is not available for professional account. However, it’s essential to consider drawbacks such as fees for account inactivity and the limited variety of trading accounts.
What trading platforms does WorldTradex offer?
- WorldTradex offers two VPS solutions, charged at 30 USD or a currency equivalent per month.
- Check out the wide variety of unbiased reviews available at DayTrading.com to discover more about some of the other popular brokers.
- Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts.
- WorldTradex offers leveraged trading on CFDs and forex, allowing traders to take advantage of small market movements.
- The ability to copy trades through ZuluTrade is an additional advantage, expanding options for various trading strategies.
Capitalise.ai is a powerful tool for traders and investors and allows to automate the trading based on a pre-defined trading strategy. This unique partnership and platform enable you to conduct code free strategy automation just by typing your idea. I like how you can easily create, test and automate trading scenarios using everyday English. Power up your trading with easy, intuitive and code-free automation. From managing your daily trades to building complex automated systems, with Capitalise.ai you can automate your own trading with zero code.
WorldTradex works with ZuluTrade
- Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
- In addition, WorldTradex has worked with more than 700 institutional clients over the course of the past decade.
- The only thing that could enhance the section would be the introduction of additional educational formats, such as video courses or podcasts.
- WorldTradex offers a limited range of tradable assets compared to other large international brokers.
Continue reading to discover all the details and make an informed choice. 4The trading signals are currently not available to clients residing in the EU. The Trading Signals do not constitute and should not be regarded as an investment advice.
WorldTradex is an established and regulated online broker with a superb range of powerful and versatile trading platforms, including FIX API connectivity for institutional trading. They have an abundance of robust trading tools to assist you with analysing the markets in great detail to discover potential trade opportunities. There is a plethora of market research and insights from the experts which can help you to make informed decisions. So, whether you’re new to online trading or you’re an experienced investor, WorldTradex has customisable account types and services for all levels of retail and institutional traders. Founded in 2003, NinjaTrader offers software and brokerage services for active traders. With a funded account, the NinjaTrader platform is free to use for charting, market analysis, and live trading.
You will then be taken to the signup page, where you will need to fill https://worldtradex.pro/ in some personal information such as your name, surname, Email, base account currency, and platform. This tutorial will show you how to open an account through the global brand with the website WorldTradex-markets.com. First, you must click on the “open account” button in the top part of the header.