Many investors start with worldtradex since it allows them to trade micro-lots and tiny forex positions. The minimum deposit is something that may have a big impact on how you trade. worldtradex’s minimum deposit differs between the individual’s type of account.

What is the maximum leverage for worldtradex?

$5, that’s the worldtradex minimum deposit, but this depends on the account type you want to open with the worldtradex broker. As long as you have some activity on your account every 90 days, the inactivity fee will not be applied to you. The activity may be taking a trade, but also making a deposit or withdrawal. This means that you can trade using micro lots, equivalent to 1,000 units of the base currency, which is the same as trading with a 0.01 lot size.

As always, value is gained from a broker when they can offer you more than the competition. I think that, in this regard, worldtradex has proven itself to be more than enough. You can get additional tools that come from Avramis, among other features. All you need to do is make sure that you are giving the correct information.

Additional Features

• worldtradex offers a range of features that cater to traders of all levels, from low minimum deposits of just $5 to a variety of account types designed to suit different trading styles.
• This section is typically located in the main menu or sidebar of the platform.
• Best for traders seeking tighter spreads (starting at 0.7 pips for major pairs).
• It is the same for the three most popular account types of the broker – Micro, Standard, and Ultra-low trading account types.
• 77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site.
• worldtradex, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide.

The standard account also offers negative balance protection to its users, which is rare in these accounts. It also has an option to opt for an Islamic account if the user prefers so. The dealer Worldtradex forex broker may charge a brokerage fee as a service fee for enabling the purchase and sale of capital assets using your brokerage account.

• You just can’t withdraw it, but all the profits that you make are yours.
• If you choose English as the preferred language in the research and education section of the website, you will be able to access many resources.
• To find out more about this, you should read their full terms and conditions to ensure that you are eligible for something.
• Many investors start with worldtradex since it allows them to trade micro-lots and tiny forex positions.

worldtradex Minimum Deposit Bottom Line

Founded in 2009, worldtradex has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders. Trading tools are also provided to assist the traders with market analyses. When credit card/debit card (VISA/Mastercard) or Skrill is used for the deposit, the funds withdrawn are reflected immediately in your trading account.

Does worldtradex charge fees for withdrawals?

worldtradex will release the amount almost immediately after you request the withdrawal. The bank wire transfers will take longer – around several working days, while online payment methods like Skrill and Neteller might offer instant transactions for an additional fee. worldtradex requires a minimum deposit of just 5 US dollars on three of its real trading account types – Micro, Standard, and worldtradex Ultra-low accounts.

It has headquarters in the Republic of Cyprus and is registered under the name Trading Point of Financial Instruments Ltd. Pepperstone has a commission-free and a commission-based account, but the core trading fees are identical. During my Pepperstone review, traders received 1,350+ assets versus 1,000+ at worldtradex, but both brokers offered Forex and cryptocurrency trading.

Commission rates can vary depending on the trading style, financial product, and the degree of your trading account. But do not be disappointed by the fact that certain brokers, such as worldtradex, require a minimum deposit amount. Many Brokers require larger minimum deposits to provide additional premium services that are not available for free on other platforms. At the same time, the brokers with smaller minimum deposits aim for a more mainstream clientele who aren’t interested in some of the more technical services and research tools. As we have already mentioned, the broker allows its clients to deposit and withdraw their funds in more than 10 different currencies. One of the most popular currencies within the worldtradex customer base is South African Rand (ZAR).

After that wait for the broker to accept and process your deposit. The worldtradex minimum deposit is $5, except for the $10,000 requirement for the Shares account offered by worldtradex Global. Only verified accounts can make the worldtradex minimum deposit, and the name on the payment processor must match that of the worldtradex account. They have the demo account, a great place to start when you are trying to get your trading game up. You can watch tutorials for all the trading platforms and learn more about analysis from worldtradex’s regular webinars. Even the $5 minimum deposit is imposed to adhere to the restrictions placed on electronic funding platforms like Skrill and Neteller.

If you let your account become dormant, a fee of $5 per month will be deducted from your trading balance. worldtradex offers a free VPS for clients who maintain specific conditions. worldtradex accepts a wide range of methods either to deposit or to withdraw. When you open an account with worldtradex, you can be sure that you will be trading with a regulated broker. You don’t need to deposit anything if you’re just trying the broker and testing a demo account. In this article, you’ll get a review of this broker, including analysis and instructions to open an account with worldtradex.

Pepperstone versus worldtradex Verdict

Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. These will be determined by the nation where the individual lives rather than the regulatory authority.

No, worldtradex only allows deposits from accounts or cards with the same name as the trading account holder. The minimum deposit required to start trading with worldtradex is 5 USD. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.

Start by enrolling with worldtradex and setting up an Account if you haven’t already, and then start trading live. To register, adhere to the instructions provided on the Broker’s website. Make sure you are prepared with all the required paperwork for the Account verification process. An alluring incentive program is offered by worldtradex Broker to entice new traders by Depositing additional monies into their Accounts.

worldtradex can accept all the currencies such as USD, EUR or GBP tradable within its system for deposit through bank transfer. When the client deposits in currencies other than the base currency, worldtradex will take the procedure of exchange into the base currency at the rate fixed by worldtradex after the receipt of the funds. This means you can effectively start trading without any real money. While you cannot withdraw the bonus funds, you can withdraw any profits made from them. This includes also the payment methods and base currencies accepted.

Pepperstone is good for beginners as it offers cutting-edge trading tools, free education, and micro-lot trading. Pepperstone is a world-class broker and the better choice for algorithmic and high-volume trading, while worldtradex is the better choice for beginners and copy traders. I have conducted an in-depth review of Pepperstone vs. worldtradex to determine the better overall choice, and which traders will benefit most from each broker. Here you can find what Forex Peace Army users think about worldtradex. Visit the FPA page to see more user experiences with this broker.

worldtradex generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. By offering the variable spreads, they allow traders to do more with fewer restrictions. Regarding manual trading signals, worldtradex offers its clients information about the most tradable instruments. Users can access messages from ten instruments generated twice a day.