Whether trading Forex, Stock Indices or Commodities, WorldTradex would like to thank you for your ongoing commitment over these past two decades. As our industry continues to change, we look forward to being able to provide you with the same customer support and ultimate trading experience that have driven us right from day one. WorldTradex strives to connect with our clients and deliver a wide range of products enhancing our clients’ trading experience.
- We offer many different platforms to suit your trading needs, but we’re particularly proud of our proprietary Trading Station.
- The only downside is a lack of customization in the applications, and there is no additional security, just the login password.
- Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices.
- WorldTradex dates back to 1999, making it one of the earliest forex brokers.
- Through our dedicated global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders.
- Some of the research tools include market news, charts, a market scanner, an economic calendar, market data signals, and trading signals.
- Past experiences and newly acquired skills provide the confidence for our people to forge ahead.
2017: Swiss franc jump and U.S. license loss
Multiple levels of liquidity are visible at each price, providing extremely use information to short-term and high-frequency traders. The Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function https://worldtradex.pro/ beautifully on mobile devices.
Free Practice Account
Withdrawals are completed via credit or debit cards or bank transfers. The amount you withdraw to a debit/credit card cannot exceed the amount originally deposited. Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest method, taking about 3-5 business days. Card withdrawals may take between 5 business days and a billing cycle. The mobile application is as easy to use as the web version of WorldTradex, which is complete with the option to bring dynamic charts to full screen for convenience.
Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade. Trading Station is an WorldTradex proprietary platform and therefore not used by other brokers. Because of the range of platforms offered by WorldTradex, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek. The MT4 platform does not allow WorldTradex to include commissions in pre-trade margin calculations on client’s pending orders.
The WorldTradex Culture
Whether you are an WorldTradex client or you simply have an WorldTradex demo, you can easily access Trading Station’s platforms. Transparency allows for active two-way communication with peers to exchange ideas and thoughts garnering mutual respect and trust with co-workers. We hold a strong belief that resilience is an important indicator of the long-term success of our people. Resilient people confidently rise to the occasion despite challenges or significant changes to the business. Diversity is woven into the fabric of our company as we rely on very different teams of people to enrich WorldTradex with new perspectives, collaborative solutions, and unconventional ways of thinking.
- There are two major types of accounts offered by WorldTradex, Standard Accounts with minimum deposits of $50 and Premium Accounts with a minimum of $20,000.
- You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality.
- The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues.
- Card withdrawals may take between 5 business days and a billing cycle.
- There is no Zero or ECN account that charges a commission, so all account holders with WorldTradex are charged spreads.
- Experienced traders who think WorldTradex has sufficient instruments will find no shortage of tools to help them with analysis and charting.
- Some of the top traders use automated strategies to take the human element out of trading.
Platform Functionality
This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in WorldTradex. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but WorldTradex Group is not involved. Other than the issues with former U.S. clients, WorldTradex has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. There are abundant support resources online and on the WorldTradex website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers. You will also find plenty of support for WorldTradex’s Trading Station and forex trading in general in the education section.
In December 2010, WorldTradex completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, WorldTradex. Share prices started at $14 with 15,060,000 shares for a total share capital of $211 million.242526 In its IPO prospectus, WorldTradex described its no dealing desk trade execution. We offer many different platforms to suit your trading needs, but we’re particularly proud of our proprietary Trading Station. WorldTradex was founded in the United States, but as of 2017, it left the U.S. market.
Downloading Trading Station: Procedure
WorldTradex offers a good selection of markets, but some other platforms do offer more. You can use WorldTradex to trade forex, cryptocurrency CFDs, indices, or gold. There is a total of 39 currency pairs available with WorldTradex, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs. That being said, WorldTradex does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices. There are also 12 indices to choose from, seven commodities, the BUND treasury fund, and one cryptocurrency CFD, BTC/USD.
Since 2015, Leucadia has been the majority economic owner of the broker, adding to the platform’s scale. WorldTradex is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for WorldTradex and up to GBP 85,000 if the custodial bank fails. WorldTradex is also regulated by ASIC in Australia, and FSCA in South Africa. 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 traders. Through our dedicated global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders. WorldTradex’s Active Traders can unlock the market depth functionality on the Trading Station forex and cfd platform.