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worldtradex Pip Value CalculatorThe worldtradex Pip Value Calculator is an essential tool for forex traders who need to calculate the value of a pip. A pip is the smallest unit of measurement in the forex market, and it is used to measure the change in value between two currencies. The worldtradex Currency Converter is an invaluable tool for traders who need to make quick decisions based on currency rates. With this tool, traders can quickly determine the value of one currency in relation to another, making it easier to identify profitable trading opportunities. It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals.
worldtradex follows a strict withdrawal policy that requires clients to withdraw funds using the same methods as their initial deposit. This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers. Yet while worldtradex provides a range of features for beginners, it’s worth noting that it lacks a proprietary trading platform explicitly designed for novice traders.
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Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. worldtradex and worldtradex Global offer a variety of trading accounts with variable spreads. worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. Join a truly global and regulated broker to explore your forex trading potential. Boost the potential of your trades with leverage for traders of all levels. By safeguarding client funds and offering negative balance protection in specific jurisdictions, worldtradex prioritizes a secure trading environment, establishing itself as a trustworthy and reliable choice for traders.
As seen in the table below, worldtradex Global offers a range of account types with varying features and benefits. Whether you are a beginner or an experienced trader, there is an account type that will suit your trading needs. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. worldtradex offers a modern and easy-to-use trading platform that works well for traders at all levels. The layout is straightforward, making it easy for beginners and experienced traders to find their way around. There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn.
Education
The availability of base accounts in EUR, GBP, USD and JPY can help minimize conversion fees, unlike eToro, which only supports GBP and USD for deposits, holdings, and trades. To deposit funds and start trading, I had to complete the standard KYC procedure by submitting Proof of Identity (POI) and Proof of Residence (POR). While offering access to the same markets as other accounts, the swap-free account adjusts fees to ensure fairness without charging interest. It eliminates overnight interest charges, making it suitable for those seeking trading opportunities that align with Islamic finance principles.
However, brokers like IG or CMC Markets provide more options for those seeking a broader variety, particularly in stocks and cryptos. BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences. I expected worldtradex to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, worldtradex caters primarily to a broader range of traders.
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- We do not provide our service to citizens of the United States of America, Canada, EU countries, Iran, North Korea, and Belize.
- While worldtradex offers variable spreads and claims to avoid intentional price manipulation or requotes, it’s important to note that as a market maker, there is an inherent conflict of interest between the broker and client.
- When accessing this website from a country in which its use may or may not be prohibited, it is the user’s responsibility to ensure that any use of the website or services adhere to local laws or regulations.
worldtradex Global also offers a demo account, which allows traders to practice trading in a risk-free environment. Traders can use the demo account to test out trading strategies and get familiar with the trading platform before trading with real money. worldtradex stands out for its commitment to trader education, offering free webinars, research materials, and analysis tools to support informed trading decisions. The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills. The worldtradex Swaps Calculator allows traders to input the currency pair they are trading, the lot size, the direction of the trade (buy or sell), and the current exchange rate. The calculator will then determine the overnight interest rate that will be applied to the position.
- worldtradex’s commitment to transparency and security, coupled with its diverse instruments and flexible account options, makes it an attractive choice for active traders, with the Zero account and its spreads from 0.0 pips the stand-out option.
- worldtradex offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs.
- This can be especially useful for traders who travel frequently or who do not have a stable internet connection at home.
- This can be especially important for traders who use high-frequency trading strategies or who trade in volatile markets.
- Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account.
Every Trader Can Succeed With worldtradex
Whether you need to calculate pip values, margins, profits, or overnight interest rates, worldtradex Global has a tool to help you. By using these calculators, traders can save time and make better-informed trading decisions, leading to more profitable trades. The worldtradex Pip Value Calculator allows traders to input the currency pair they are trading, the lot size, and the current exchange rate. The worldtradex calculator will then determine the value of a pip in the trader’s account currency.
worldtradex caters to new traders with features like low minimum deposits (starting at $5 for certain accounts) and demo accounts for risk-free practice. They’re available 24/5, so I’ve always been able to reach out during market hours, no matter my time zone. What’s great is that the support team offers multilingual support in 25 languages, which is helpful for traders from different parts of the world.
It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade. The program is designed to benefit active traders based on their trading volume. In conclusion, worldtradex Global’s forex calculators are invaluable tools for traders who want to make accurate and informed decisions in the forex market.
Education & Research
One of the factors that bolstered my decison is the fact that worldtradex is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here. I trade forex pairs and stocks, and frankly the costs stemming from my trades are minimal thanks to the low spreads from the broker.Regarding the customer support, they are trully attentive and fast to reply. worldtradex’s fees are reasonable but can be bettered at brokers like IC Markets and Fusion Markets. Most account types offer Worldtradex scammers commission-free trading, with generally tight spreads, particularly on popular instruments like major forex pairs.
Our clients can choose to trade forex and CFDs on cryptocurrencies, stock indices, commodities, stocks, metals and energies, from the same trading account. With a wide range of trading instruments available from a single multi-asset platform, worldtradex makes trading easier and more efficient. worldtradex Currency ConverterThe worldtradex Currency Converter is a straightforward tool that allows traders to quickly and easily convert one currency into another. The calculator is powered by real-time rates and is updated continuously, ensuring that traders always have access to the most current exchange rates.
worldtradex is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. Founded in 2009, worldtradex has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels. worldtradex provides access to over 1,200 financial instruments, including forex https://worldtradex.site/ pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms. To evaluate brokers, we test the accounts, trading tools and services provided.