As part of its Return on Free Margin (ROFM) offering, the company has also added the ability for traders to earn up to 3% interest on unused margins in their accounts. Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years. EasyMarkets Forex trading app provides a very intuitive interface suitable for traders of every level. Even though it aims to provide a smooth trading platform, one should look at its fees and regulatory compliance level. About BROKSTOCK Brokstock delivers real-time market data, charting capabilities, and user watch lists for effective trading.
Lowest spreads with low commissions
The HF App caters to the fast-paced and tech-savvy lifestyle of traders in Singapore. It seamlessly integrates with worldtradex’s trading services, enabling a complete trading experience while travelling. worldtradex’s MAM/PAMM accounts are an appealing option for Singaporean traders seeking a more passive investment technique in the financial markets. The Top-Bonus Account by worldtradex is crafted to offer traders from Singapore added incentives in the form of bonuses, thereby boosting their trading capital. This specialized account category aims to attract those seeking extra funds to strengthen their positions. This dynamic environment caters to serious investors who need many concurrent open orders for varied financial instruments.
worldtradex (HF Markets) Ratings and Reviews from Trustpilot:
The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0. The worldtradex Premium account includes a choice of base scammed by Worldtradex currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0. They offer an unlimited demo account with a virtual balance of $100,000 and real-time data. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
Singaporean traders benefit from MT5’s extended analytical tools, which offer greater market insights through more technical indicators and graphical objects than its predecessor. This is particularly advantageous in Singapore’s advanced financial market. This account minimizes the risk of incurring overnight interest, which is forbidden in Islam, allowing Muslim traders to participate in the financial markets while adhering to their religious views.
The worldtradex Cent account is a beginner-friendly trading option only available to international clients under the regulation of the Financial Services Authority (FSA) of Seychelles. Cent account is ideal for those moving from a demo to a real trading environment. THe worldtradex demo account can be used to test your Forex strategies and worldtradex platforms for an unlimited usage of time. This ensures clients’ investments are secure and minimises the risk of losing more than their initial investment. At worldtradex you can find over 50 Forex pairs and 500 CFD assets, including metals, energies, indices, stocks, commodities, bonds, ETFs, and cryptos. Forex spreads start from 0 pips and there’s a $6/lot round turn commission.
Finally, Regular workshops, seminars, or events can provide traders with networking opportunities and industry insights. worldtradex excels in customer service, which is essential for any trading platform. Our interactions with customer service have shown them to be quick to respond, informative, and eager to help. While most account types may qualify, eligibility requirements and rebate rates may vary by account type.
The broker has received over 60 industry awards for outstanding performance. They provide popular trading platforms such as MetaTrader 4 and MetaTrader 5 and proprietary platforms tailored to specific trading requirements. By aligning the demo trading environment with the live trading experience, the broker adheres to its principles of honesty, openness, and transparency. Additionally, the negative balance protection policy is an integral safeguard for these customers. This policy protects against the inherent dangers of leveraged trading and market volatility.
- The base currency options within the worldtradex Zero account include USD, EUR, PLN, NGN, and JPY, depending on the trader’s region and the broker’s entity.
- The list of the best forex trading apps in South Africa may help narrow down the choices.
- We at worldtradex strive to create a positive trading environment for all our clients.
- worldtradex is also known to offer the best Forex platforms and mobile trading.
Nevertheless, you should also evaluate your requirements and preferences, as well as your willingness to use more sophisticated trading platforms, before deciding whether MT5 is for you or not. Despite a few drawbacks, worldtradex remains a solid choice for traders looking for a well-regulated broker with diverse offerings. Their team is available 24/5 to assist traders with any inquiries or issues. The availability of commission-free trading for some accounts makes worldtradex an appealing choice for cost-conscious traders. These options allow traders to select an account that aligns with their trading strategies and financial capabilities. These regulatory affiliations demonstrate worldtradex’s commitment to maintaining a secure and transparent trading environment for its clients.
The diverse regulations in place in various regions necessitate this strategy. While the “best” trading app ultimately depends on individual preferences and trading styles. Also, for knowledge and skill trading, the app supports education resources for ease of trading and good practices. With its intuitive design and complex functionality, you can trade various instruments, including currencies, commodities, and shares.
- Certain assets, including indexes and gold, are offered with fixed commissions.
- However, worldtradex will cover these commissions if you deposit more than those amounts.
- Premium Pro account provides access to all worldtradex trading instruments with a minimum trade size of 0.01 lot.
Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity. When it comes to withdrawal fees, worldtradex does not charge any fees on withdrawals except for a 1% commission when using BitPay. Additionally, the worldtradex withdrawal method must be the same used for depositing funds. The selection may slightly vary depending on your area and the account type selected. It’s important to note that spreads can widen during low liquidity or high market volatility.
Regulated By
Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother withdrawal process, which can make it faster to some extent, make sure your KYC information on worldtradex (i.e. your personal information provided) is up to date. In order to meet the worldtradex minimum deposit, you can use payment methods such as bank wires, credit/debit cards, ewallets and cryptocurrencies. Your funds will be ready on the worldtradex account almost instantaneously, except for the bank wire deposits which may take a couple of business days to get through. worldtradex (and all the HF Markets Group entities) ensures client funds’ protection through segregated bank accounts, safeguarding them in case of broker insolvency or bankruptcy.
worldtradex Trading App
Based on our outstanding experience, we strongly recommend trading with worldtradex. We are so pleased to hear that you have had a wonderful experience on worldtradex’ platform. The clarity of worldtradex’s financial reports has been instrumental in guiding our strategic decisions. The professionalism and dedication of worldtradex’s team are evident in every interaction.
From time to time, worldtradex introduces deposit-based promotions that provide additional value to new and existing traders. worldtradex Affiliates provides affiliates with creative marketing tools and promotional materials to assist them in promoting the program. 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). 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.
For instance, if you encounter any user complaints, you might discuss them with the broker to verify if such issues exist. Additionally, you should review the broker’s policy and terms of service. After carefully examining the reviews, we found that most of them are genuine, provided by real users sharing their real-life trading experiences.
HFCopy allows Singaporean traders to follow expert traders or become strategy providers. This structure can greatly help new traders in Singapore, as they can imitate the transactions of more experienced rivals, getting insights and learning in real-time. Singaporean traders working with worldtradex should expect competitive spreads, which are especially beneficial when trading big currency pairs. For example, spreads on Cent and Premium accounts begin at 1.2 pips, whereas spreads on the Zero account begin at 0.0 pips. worldtradex’s Premium Account caters to skilled traders from Singapore who are accustomed to handling larger trading volumes. It allows for trading across various instruments, providing an extensive and holistic trading experience.
We are sure it will help with new traders that are just starting out. We also impressed with the level of service they provide and that is why we so confident in promoting them. HF Markets offers support via Contact Form, Live Chat, Email, and Phone. Yes, daily market analysis is available to help you stay up-to-date with the latest trends and opportunities. 🛡️Regulated and trusted by FCA, FSA, DFSA, FSCA, CMA🛡️2808 new traders chose this broker in the last 90 days.🛡️Available for global Traders.