Deposits are credited in the base currency selected during account setup, with multiple currency options supported, including AUD, USD, EUR, GBP, and others. MetaTrader 5 (MT5) is the enhanced successor to MT4, developed by MetaQuotes, and it broadens the scope of available trading instruments. In addition to Forex, MT5 supports commodities, indices, futures, equities, bonds, and options trading. While some users may initially find its interface slightly more complex, those familiar with MT4 will likely adapt quickly.
Deposits & Withdrawals
MT5 includes features such as six types of pending orders, hedging capabilities, and the Depth of Market display. It also introduces a multi-threaded strategy tester, 21 timeframes, 38 indicators, and 44 graphical tools. Users benefit from an integrated email system that allows file attachments and can transfer funds between accounts. As an all-in-one trading platform, MT5 is available in desktop, mobile, and browser-based versions. With over 18 years of experience, it gives traders access to more than 10,000 financial instruments across many markets.
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Deposit and Withdrawal Fees
- With low margin requirements, fast execution, and AU$1 per point pricing on select indices, the platform appeals to traders seeking macro-level exposure.
- RAW spreads from 0.0 pip, 6 USD/lot commission and execution latency ~20 ms on NY4 are ideal for scalpers.
- Worldtradex has been around since 2005 when they were founded in Australia.
- They have many ways to assist traders on their investment path.
You can get access to the industry standard MetaTrader 4 platform through Worldtradex and they recently added the subsequent versions of this software- MetaTrader 5. If you enjoy trading through the MetaTrader platform, why not host your Expert Advisors on a virtual private server in Worldtradex’ very own New York data centre. Worldtradex will even cover the server’s monthly fee if you make a $1,000 deposit and meet low monthly volume requirements. Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You’ll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies.
- If you enjoy trading through the MetaTrader platform, why not host your Expert Advisors on a virtual private server in Worldtradex’ very own New York data centre.
- You can get all types of ASX shares in the form of CFDs and you are able to short as many as 300 different CFDs.
- For those who prefer not to install software, Worldtradex provides access to WebTrader, a browser-based version of both MT4 and MT5.
- All instruments are traded as CFDs, allowing for both long and short positions.
- Hedging is fully allowed on all MT4/MT5 and cTrader accounts without additional margin penalties.
- There are daily market reports from the Worldtradex analysts, as well as more long term analysis of the markets.
What is the maximum leverage on Worldtradex?
Such leverage offers flexibility to active and algorithmic traders, while European and Australian clients remain within regulatory limits. They show their commitment to providing flexible and strong trading environments for all investors. Traders can pick the best platform for their mt4 trading strategy and preferences. They have over 600 other CFDs you can trade that have a max margin of 50%.
See how Worldtradex compares against each of the following brokers. The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company’s website for a list of all payment methods. No, Worldtradex does not accept clients who are residents or citizens of the United States.
MT4 is especially well-suited for those focused primarily on the currency markets. Single-click trading, price alerts, and live-streaming quotes further enhance the user experience. The platform’s intuitive interface is secure, with 128-bit encryption, and is also compatible with iOS and Android, allowing traders to manage their accounts from anywhere. Worldtradex offers a wide range of deposit options, making it easy for traders to fund their accounts with flexibility and convenience. The minimum deposit required to open a Standard or Raw trading account is $100 or the equivalent in another currency. For traders using the IRESS platform to trade shares, the minimum deposit is significantly higher at $1,000.
Pros of trading with Worldtradex
There are many great tools and indicators for the trading experience and it is highly customizable. Therefore, Worldtradex is always kept on their toes and have their operations above board. All of the trader funds are kept safe in their own account with a tier one bank. The accounts for the broker are audited annually by the leading firm in the country, BDO Australia. They meet all of the appropriate compliance checks and balances.
Worldtradex maintains a highly transparent and cost-efficient fee structure, making it an appealing option for both novice and seasoned traders who prioritize clarity and https://worldtradex.world/ affordability. The broker provides detailed and easily accessible information on spreads, commissions, and swap rates, allowing clients to understand and manage their trading costs with confidence. Worldtradex offers an integrated copy trading feature through its MetaTrader 4 and MetaTrader 5 platforms, allowing users to easily discover and follow top-performing traders. The platform enables full automation of trade replication while still giving users the flexibility to control and adjust their settings at any time. To accommodate clients who follow Sharia law, Worldtradex offers Islamic swap-free accounts. These accounts are available on both the Standard and Raw MetaTrader accounts.
The broker’s YouTube channel features over 150 videos organized into playlists such as ‘MT4/5 Basics’, ‘Technical Indicators’, and ‘How to Read the COT Report’. The videos include subtitles and provide step-by-step visual guides with charts and examples. Topics range from ‘Price Action for Beginners’ to live reviews of FOMC decisions. Recordings are uploaded to the client portal, so you can watch them at your convenience.
Each metric is calculated strictly according to our proven broker evaluation methodology, taking into account both objective metrics (spreads, execution speed, licenses) and secret shopper results. Worldtradex gives traders many tools to improve their skills. The fees and commission at Worldtradex changes depending on what type of account you are signed up to. It also is dependent on the type of asset that you are trading. For example, for a non-leveraged CFD share you will be paying a 0.8% commission and 0.11% for the purchase of a new share.
TradingView
The platform provides Level II Market Depth, streaming quotes, algorithmic trading via API, and integrated screeners. Commission depends on the chosen tier (Standard, Platinum, Premier) and trading volume; the platform fee is only applied if the monthly equity commission does not reach 150 AUD. Iress is ideal for those seeking comprehensive equity trading alongside a traditional Forex suite.
They have many ways to assist traders on their investment path. The platform offers flexible leverage for spread betting and currency trading. Traders can use leverage Worldtradex courses scam while controlling risk with set margin rules.