Explore trading opportunities in a range of market

Before we go over how you can open your trading orders, we need to look at charts and some of their baseline features. As we said earlier, to open a chart, you’ll right-click an instrument from the Watchlist. There, select the Chart Window option and you’ll see your new chart. The most prominent things on your screen once you open up MetaTrader 4 are your watchlist and charts.

I’m not very experienced with this forex trading thing, so I need to be careful with the volume and not to be too greedy with it.We all know where the majority of newbies end up because of this. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. Our Live accounts can be separated into fixed and floating depending on the spread.

Unique Features

The next easiest way is to find an online broker that offers both MetaTrader 4 (MT4) and a demo trading account. You can open a demo account right here at worldtradex and gain full access to a trial version of MetaTrader 4 (MT4). More importantly, choosing this option connects you to your CFD broker’s server immediately. As a result, the experience closely matches what you can expect when you start trading. With instant access to 300+ instruments across multiple asset classes, quality execution, advanced online trading tools, and trading systems, we provide everything to meet your trading needs. According to our T4 trade review, the platform does not have an array of educational content for users but provides some webinars and videos to help the traders.

You can deposit funds into your worldtradex account using a good variety of convenient payment options including bank transfers, card and online payment processors. Keep in mind that bank transfers can take 24 hours to process and up to 3 working days to clear. Payment and funding authorisation are 100% automatic, whilst the client portal allows deposits and withdrawals using a simple, easy-to-use single interface.

Available Markets on worldtradex Broker

For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold. worldtradex is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the worldtradex group includes Damadah Holding Limited, which is based in Cyprus. These are one-click trading buttons, which let you open orders with a single click. However, you’ll need to enable one-click trading before you can use these buttons.

Either way, both options have very low spreads on par with some of the top brokers. This is especially the case when you consider that they do not charge a commission on top like most do. The MT4 platform comes fully loaded with all of the trading tools that you need to analyse the charts of your favourite symbols for potential trade opportunities. There are also thousands of free and paid add-ons that you can install to further enhance the already substantial capabilities of this leading platform. Whatever your idea for a trading strategy, you can bring it to life by creating customised trading templates for all of your charts.

Also, we will help you to understand whether the platform is legit or a scam. worldtradex https://worldtradex.site/ notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review. The FAQ section left me unsatisfied and searching for answers elsewhere. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Privilege account.

As a trader, you can trade CFDs for any financial asset, as you do not need to own the underlying asset. With CFD trading you are trading the price changes of the underlying asset and it is a more popular way for online traders to partake in the financial markets. With worldtradex, traders can access CFDs on a range of markets including currencies, metals, commodities, indices, shares, and futures. worldtradex’s comprehensive client support system is designed to provide traders with the assistance and information required for a successful trading experience. worldtradex is an international, trusted, multi-asset and CFD broker. The broker is committed to providing both beginner and professional traders with excellent trading tools and conditions to access the global financial markets.

The trading platform and the chart system shows how reliable the broker is, no hidden fees and the charts it quotes aren’t manipulated. The feedback I get to read from traders like myself here is also encouraging. I consider the chart screen a platform’s most important feature. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action.

How do I contact worldtradex customer support?

• The broker maintains segregated accounts for client funds, ensuring they are kept separate from the company’s operating funds, thereby providing an added layer of protection.
• Trading carries a high level of risk and may not be suitable for all investors.
• To read more about the best forex broker for beginners click here.
• It has a team of professionals that supports the clients and responds quickly to customers’ queries.

This can help to give traders some peace of mind and protection so that they can focus on their trading strategies. worldtradex does not list minimum deposit or withdrawal requirements and does not levy internal fees. Traders may face third-party processing costs or currency conversion fees. Supported transaction currencies are USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF.

How long does it take to withdraw money from a worldtradex account?

Moreover, T4 trade does not offer its services to residents of certain jurisdictions such as Iran, Cuba, Sudan, Syria, and North Korea. With our Standard, Premium, Privilege and Cent accounts you can access CFDs on forex, metals, indices, commodities, futures and shares. The type of account that is right for you also depends on your risk tolerance, your initial investment size and the available time you have to trade on a daily basis. Yes, worldtradex offers full support for the MetaTrader 4 (MT4) platform, allowing traders to benefit from its advanced charting tools and automated trading capabilities.

Excellent client support is on hand 24/5 to help you as and when needed. There are a range of trading platforms available, including online platforms which operate on desktop, or platforms which run on mobile apps. T4 trade though claims to be a global trading platform, but its jurisdiction is limited.

And logic would dictate that the online trading platform’s own website is a good place to start. However, at the time of writing, the website seems a bit confused. No matter what you do, it downloads MetaTrader 5 to your device. And, while MT5 is a valuable tool, it’s less widely available and not the point of this text.

• worldtradex offers several account types, including Standard, Premium, ECN, and Islamic (swap-free) accounts.
• Choose the account that suits you best and start trading with confidence.
• Im using worldtradex for many years and this broker never failed me.
• Most traders will want multiple sets that let them easily track different asset groups that match their current trading scenario.
• Despite being new in the market the platform is performing quite well as compared to other trading platforms.

Deposit & Withdrawal Fees

T4 Trade is also known for providing excellent customer support. There is a 24×7 helpline available for traders through text, phone, or email to solve customer grievances. Moreover, the platform also gives traders access to trading platforms like the MT4 and the webtrader. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, worldtradex caters to the needs of both beginners and seasoned professionals. worldtradex is an awesome forex broker with cool trading platforms and fast trade execution. Their spreads are competitive and their customer support is responsive and helpful.

By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. Yes, worldtradex is suitable for beginner traders, offering user-friendly platforms, educational resources, and a demo account to help new traders learn and practice. Yes, worldtradex offers a demo account with virtual funds, allowing traders to practice trading strategies without risking real money. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold.

worldtradex offers competitive spreads that can start at 1.5 pips, particularly on its ECN account types. The broker operates on a variable spread model, meaning spreads may widen during Worldtradex scammers times of high market volatility. For standard accounts, spreads are slightly wider but still competitive compared to industry standards, with no commissions on trades.

The difference between the price of the underlying asset from when you open and close the position is the profit or loss, minus the broker spread. CFD’s are flexible and can be traded with leverage to further enhance possibilities in the markets. Traders can enjoy trading with fast execution through the industry-leading MT4 trading platform. MT4 is well regarded for being very user-friendly and having a quick learning curve that makes it suitable for traders of all experience levels. You can trade manual and automated trading strategies in the MT4 platform. To be considered the best forex broker for beginners all trading platforms must maintain decent customer service.