Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools. I like the variety of payment methods supported by worldtradex, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. Our research shows that the MT5 Global account is best for experienced traders.
Why Lime Trading (CY) Ltd Stands Out:
The entry is allowed to Russians, Ukrainians, Belarusians and residents of many other countries. The broker assures that residents of nearly all countries can open accounts. The procedure of opening an account on worldtradex is classic and similar to other brokers with regulation in Europe. Also, the broker allows the address registration stamp in a national passport as proof of residence.
Trading accounts
- In particular, the rate is 0.0227% per day (slightly higher than 8.29% annual) on the US stock market and stocks markets of European countries, while top American and European brokers provide financing at 1-3% annual interest.
- The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners.
- The integration of worldtradex’s institutional services signifies a step towards comprehensive market exploration and diversified asset allocation.
- These solutions are your gateway to balanced and informed investing, enabling you to exploit market trends while keeping your capital secure.
- Just 2 Trade offers different methods of deposit, depending on the customer’s account type.
On MT5 Global and Forex ECN account types, the broker charges $2 and $3 commission per standard lot of 100,000 units of base currency respectively. The traders also need to take into account the market spread, which is received from the liquidity suppliers. As a rule, the spreads on worldtradex are very low due to high liquidity received from large banks.
We estimated the broker’s conditions on the options market as average. worldtradex provides access to an excellent choice of futures in the US, EU and Russia’s markets. The broker offers the most beneficial conditions in the US market. One of the best things about worldtradex in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange.
Commissions and Tradable Instruments
Also, inside the personal account, customers can transfer funds from one trading account to another. Therefore, customers can choose the best suitable way to fund the account, and then transfer the money to another account type. However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts. Secondly, the ROX platform is a trading platform aimed mostly at stock and options trading in the US, Canada, Mexico, and several European countries. The ROX platform is available for a minimum deposit of USD 3,000, and all trades made here are for the actual securities (no CFDs), and thus comes with a commission on https://worldtradex.pro/ all trades. First among them, CQG is a platform that is aimed at the more professional segment of the market than MT4/5 and many other typical retail platforms.
Markets and products
A dedicated specialist from the customer support will be able to advise you on the instruments used for creation of these portfolios. What makes worldtradex special for stock market trading is ‘customization’ or expandable list of shares. This means that if you want to buy specific shares that are not on the list, you can contact the broker and ask for it to be added to the list and for permission to perform a transaction with it.
Methods of withdrawal and fees
CFDs can also be traded with leverage, which increases potential returns (and losses). Our review shows worldtradex scores less favorably when it comes to withdrawals. Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. As we already mentioned, ROX accounts types (it can also be called US Exchanges or Global Markets) and CQG accounts (aka Global Futures) are serviced by a special department inside the broker’s structure. They are less popular and the information about them is less extensive.
Lime https://worldtradex.space/ Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities. Our business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust. For traders of all experience levels, worldtradex provides an extensive range of services and technical support. Operating in strict compliance with legal regulations, the broker offers favorable conditions for successful and rewarding trading experiences. As you can see, worldtradex offers beneficial conditions for trading US stocks, which can only be comparable to Degiro, the discount broker. In the majority of other markets, we estimated the broker’s commissions as high due to a considerable minimum commission per trade.
Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence. Get contact details of over 750M+ profiles across 60M companies – all with industry-leading accuracy. Sales Navigator and Recruiter users, try out our Email Finder Extension.
Our commitment to excellence, precision, and adaptability is manifested through our diverse set of strengths that cater to every trader’s unique needs and aspirations. Explore meticulously crafted investment solutions, infused with customizable levels of profitability and protection to align with your unique financial goals and risk tolerance. Navigate your way through transparent, flexible, and diverse investment avenues designed to deliver substantial returns while safeguarding your capital. Credit Financier Invest (CFI) is a CFD Broker that features on its trading platform CFDs on forex, stocks, indices, commodities, cryptocurrencies. It is a subordinate company of CFI Financial Group Holding, a corporation that is regulated and overseen in Cyprus by the CySEC.
However, analysis, research and signals are three different things in the world of financial markets. We contacted customer support for explanation and learned that the information on the page is slightly outdated. With an MT5 Global account (this is the main type of account, which we will review in detail below), worldtradex customers can trade shares at 15 exchanges of different countries. Conditions of worldtradex for holding marginal positions cannot be considered attractive for developed markets. In particular, the rate is 0.0227% per day (slightly higher than 8.29% annual) on the US stock market and stocks markets of European countries, while top American and European brokers provide financing at 1-3% annual interest.