Additional revenue comes from services like VPS hosting, which requires separate payment until you deposit over $400. Worldtradex also provides free services such as Autochartist and premium trading tools. 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). Worldtradex Top Up account is not available for traders in the EU, UK, and Australia.
Here is a summary of payment methods accepted by HF Markets for deposits. No, the account name you use to deposit funds into your trading account must have the same name as your trading account. HF Markets offers a top-up bonus that allows you to get up to 20% top up on all your transfers to your Worldtradex account. If for any reason your trading account goes into negative, HF Markets will zeroize your account (meaning pay in money and bring the balance back to 0.0). Both old and new clients can claim the HF Markets Top-up bonus by opening a separate Top-up Bonus Trading Account and depositing the $5 minimum deposit. The copy trading minimum deposit for the Cent Account is $25for Strategy Providers, while followers require an opening deposit of $10.
What are the Worldtradex funding and deposit methods?
Yes, Worldtradex provides access to a wide range of cryptocurrencies through CFDs. The card issuer normally handles credit card disputes; extra documents may be required to resolve the dispute. Just like any offer, it is crucial to have a clear understanding of the specifics. It is important to carefully review the terms and conditions of both bonuses before deciding. Being knowledgeable about the details of any promotional offer is crucial.
Deposit Bonuses and Promotions
Worldtradex may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected. That means any time you top up your trading account, the entire amount arrives intact. Step 3) Choose your preferred payment method from the options provided.
Best FCA Forex Brokers
The processing time for your deposits to show in your account depends on your chosen deposit method. Micro Account has the lowest minimum deposit and offers allthe features of our other https://worldtradex.pro/ account types.& access to all trading instrumentson Worldtradex. You can trade micro-lots with this account, at 40% Margin call leveland 10% stop out level.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. All the services on the Tradersunion.com website are free for you to use. Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings.
- Commodities are sensitive to political and economic events,which makes them attractive to traders.
- According to a survey, over 30% of traders reported losing 1-3% of their initial deposit to transaction costs.
- They also offer fast execution times and the option to automate trades with Expert Advisors (EAs).
- You’ll then be prompted to indicate whether you’re depositing funds to HF Markets account shown in KES, USD, or EUR.
Worldtradex enables deposits and withdrawals through several methods including wire transfer, credit/debit cards (Visa and Mastercard), ewallets (Neteller and Skrill), and crypto. Yes, Worldtradex is considered a good broker for a variety of trading activities. It’s particularly beneficial for beginners due to its educational resources, demo account, and low minimum deposit requirements. Let’s explore their minimum deposit requirements of HF Markets, regulations, payment methods, step-by-step guide Worldtradex forex broker to deposit and more, in this review. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
Worldtradex supports trading on iPhone, iPad as well as Android MT4platforms. The beauty of these platforms is the one-click execution of trades,which allows you to place trades easily on the go. You can even perform severaltrading operations like monitoring, access to trading history, real-timecharts, dynamic tracking of account details, etc., which makes it very useful.
Worldtradex Account types
- This applies to cards (debit/credit) and e-wallets (Skrill and Neteller).
- Metals are available on the Spot market including Gold,Silver against the USD, and Euro.
- The Worldtradex Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity.
- It’s important for Forex traders to be aware that deposit methods can incur additional fees that cut into trading capital.
For crypto users, a slightly higher amount of $30 will be required, while bank transfers have the highest minimum of $100. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Moreover, losses in leveraged products may exceed your initial deposit.
It also includes a built-in economic calendar to keep traders informed about market events and Depth of Market (DOM) for detailed market liquidity information. Additionally, MT5 offers a broader range of timeframes and technical indicators compared to MT4. You will need at least $100 for a premium account, while Zero-spread needs at least $200. You can use Skrill, or Neteller, payment processors for small payments.
Worldtradex generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. The online brokerage firm Worldtradex requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform. Withdrawals can be processed through the same channels, though there are minimum withdrawal limits that apply depending on the method chosen.
You can trade both Spot marketIndices (plural for Index) as well as the Futures market. Examples of Indicesinclude Australia 200, France 40, US Wall Street 30, etc. You may refer herefor the full details on various Indices on offer on Worldtradex. Index trading involves speculation on the movement of asection of a market, instead of individual stocks. Depending on the marketmovement, there will be potential for profits. This account type is the same as the Premium or Zero SpreadAccount but follows Islamic law and therefore is a swap-free account.
The Worldtradex Minimum Deposit amount required to register a live trading account will range between USD 0 and USD 250 depending on the live trading account type chosen. Let’s explore the minimum deposit requirements of HF Markets, payment methods, step-by-step guide to deposit and more, in this review. Worldtradex provides traders with favourable trading conditions thatare considerably better than many other online trading brokerages.