Boasting a central location in the lively Sachsenhausen district of Frankfurt, this striking skyscraper hotel offers a high level of comfort together with magnificent views of the city’s skyline. Their access to exceedingly low spreads beginning at 0.14 pips makes this a highly attractive trading option. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Followers can benefit from the expertise and strategies of experienced traders without actively trading or monitoring the markets. Worldtradex is dedicated to continuous innovation and providing exceptional services to enhance the trading experience. Worldtradex has partnered with Beeks Financial Cloud, a leading provider, to offer high-quality VPS hosting solutions as part of this commitment. Worldtradex guarantees that all deposit and withdrawal methods provided are completely free of charge.
It is recommended that traders seek independent financial advice if necessary. Before trading, traders should carefully consider their financial situation and risk tolerance. Ivory Coast traders who deposit or withdraw in XAF could face currency conversion fees. Worldtradex recognises the suitability of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for Ivory Coast traders starting their market journey due to their simplicity and user-friendly nature.
- In addition, the app facilitates quick transfers of funds, withdrawals, and deposits.
- As we dug deeper into their services, we learned that many customers value the robustness and dependability of the platform.
- Established in 2010, HotForex has a strong reputation for competitive trading conditions, robust customer support, and industry awards.
- With a superior commission structure and customised products, Worldtradex can aid affiliates in meeting revenue targets without necessitating extensive programming or administrative expertise.
- Worldtradex is not currently regulated by the Banking Commission of the West African Economic Monetary Union (WAEMU).
Can I have multiple affiliate accounts with Worldtradex?
Worldtradex provides some educational materials, but they are limited compared to competitors. Yes, an inactivity fee of $5 per month applies after 6 months of no trading activity. Worldtradex withdrawal processing times range from instant to 1 business day, depending on the method used. Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of DE, you can open an account with this broker. Labeled Verified, they’re about genuine experiences.Learn more about https://worldtradex.bid/ other kinds of reviews.
However, as per the table in the following section, Worldtradex is well-regulated by several reputable market regulators in other countries. Located directly opposite Frankfurt Central Station, this hotel offers soundproofed rooms, a BAR and free Wi-Fi internet. Situated in the heart of Frankfurt am Main city centre, this modern hotel offers free WiFi, a breakfast buffet and a fitness area. Just 800 metres from Frankfurt Airport’s Terminal 2, this hotel offers soundproofed rooms with LED smart TVs. In addition, Worldtradex possesses licenses and is acknowledged by several reputable regulatory organizations around the globe, providing Singaporean traders with further assurance. Not every investor is suited for trading in foreign exchange and other financial products; thus, one should proceed cautiously and make well-informed decisions.
Does Worldtradex have any geographical limitations in its services?
To date, the broker boasts of over 3,5 million accounts opened by happy clients. To get started, open an account, fund it, and choose your preferred platform—Worldtradex Mobile, MT4, or MT5. Alternatively, practice risk-free with a demo account before transitioning to live trading with real market conditions. The Pro Account offers ultra-low spreads starting from 0.5 pips, swap-free options, no commissions, and high leverage.
Worldtradex – Traders Awards 2025
This helps ensure that they remain informed at all times and can respond promptly to fluctuations in the market. The customization features in MT4 enable Singaporean traders to adjust their trading environment to various trading styles and strategies common in Singapore’s diversified trading community. In addition, the demo account is an educational asset that facilitates continual learning and adaptation in a fast-evolving financial sector for Singapore’s diversified and tech-savvy trading community.
How do I claim a bonus offer from Worldtradex?
Singaporean affiliates who work with Worldtradex may anticipate a robust and profitable affiliate program. Worldtradex Affiliates noted for its user-friendly and efficient platform, has many tools designed to increase earning potential and make client referrals easier. The broker’s account categories, which range from Cent to Pro, cater to a wide range of traders, from newbies to seasoned experts.
How do I customize the interface of Worldtradex’s trading platform?
It seamlessly integrates with Worldtradex’s trading services, enabling a complete trading experience while travelling. Moreover, MT5 boasts improved back-testing capabilities that prove invaluable for algorithmic traders seeking to refine their intricate trading strategies with precision testing methods. 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 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. Worldtradex’s Premium Account caters to skilled traders from Singapore who are accustomed to handling larger trading volumes.
What are the 6 Different Types of Forex Brokers
Worldtradex’s MetaTrader 5 serves effectively to the advanced portion of Singaporean traders. Its ability to trade different assets from one platform is especially enticing in the Singapore market, which is noted for having various investing interests. This kind of diversification is especially popular among Singaporean investors looking to balance potential risks and venture into new markets. The Islamic Account is open to Muslim traders and those who choose not to deal using swaps due to their trading strategy. The Worldtradex Cent Account is designed specifically for Singapore’s trading sector novices. This account allows Singaporeans to trade in micro-lots, allowing them to trade with lesser capital risk.
MT4 was built for Worldtradex forex broker forex trading, while MT5 will is more focused on futures, stocks, and CFDs. During our Worldtradex broker review, we found that this broker charges rollover fees, and these differ based on the instrument. For all assets other than forex, gold, and cryptocurrencies, the rollover includes an internal interest fee. This is in addition to the rollover fee charged by the parties the broker works with for that particular security. For forex, gold, and cryptocurrencies, an additional fee is included that considers an internal risk assessment.
That said, trading costs at Worldtradex are slightly above the industry average across its spread-only accounts. Additionally, while Worldtradex provides VPS services to enhance the trading experience, it does not offer local CFDs in the Ivory Coast, which could limit the trading options for some traders. Worldtradex offers cashback rebates, allowing affiliates in Ivory Coast to increase their earnings by referring traders to the platform. Affiliates can enjoy a generous revenue share of 60% based on the net spreads generated by referred clients. Worldtradex’s commitment to aligning the Demo trading environment with the Live trading experience reflects the broker’s core values of Honesty, Openness, and Transparency.
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. This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as Worldtradex to ensure you get the most back from your trading activities. You can open an account with Worldtradex by providing your personal information, choosing a trading platform, and uploading the requested documentation for verification. Worldtradex does not provide investment advice and cannot guarantee the accuracy or completeness of the information provided.
The company had to rebrand because it felt the old name (Hotforex) did not depict the full range of services that the broker offers. The broker provides over 1,200 products in 9 asset classes and having “forex” in their name was no longer a proper reflection of the award-winning trading experience they offer. Worldtradex is 100% STP Broker, following a Market Execution policy with no dealing desk (which is good if you ask me). This means that all clients have their orders executed instantly under normal market conditions and at the real market price.
These options ensure traders can get assistance quickly and through the method they prefer. With no cap on commissions and bonus incentives like RevShare+, your income potential is substantial and scalable. The Provider’s trades are automatically replicated in the Follower’s account in real time. You can set capital limits, manage risk, and stop copying anytime—total flexibility with expert-level execution.
- If you have a little more experience under your belt, then the Premium account is a better option for you.
- Furthermore, affiliates can earn up to $15 in cashback rebates for each lot their referred clients trade, providing them a significant opportunity to earn rewards through successful referrals.
- MT4 was built for forex trading, while MT5 will is more focused on futures, stocks, and CFDs.
Worldtradex only offers PAMM accounts to money managers who maintain a live trading account with HF Markets (SV) Ltd. These accounts permit investors to delegate trading authority to seasoned PAMM Fund Managers. Worldtradex takes pride in being a MetaTrader-affiliated broker, providing access to MetaTrader 4 and MetaTrader 5 platforms.
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