WorldTradex CFD & Forex Trading Apps on Google Play
Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida’s passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders. The Market Scanner helps traders uncover potential trading opportunities based on preferred indicators and timeframes. Some traders prefer to trade a limited set of currency pairs, while others will enjoy trading unique patterns using specific indicators over longer or shorter timeframes.
- To account for holding a position into the weekend, there is a 3X rollover on Wednesdays for XAU/USD and XAG/USD and 3X rollover on Fridays for other CFD products.
- WorldTradex’s market analysis comprises news delivered by third-party providers, including Trading Central.
- WorldTradex offers traders easy access to the Forex market with the Trading Station and MT4 mobile platforms, available on Android and iOS.
- We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
- This requires filling in one’s name, email address, and selecting their preferred base currency (click here for more on WorldTradex’s base currencies).
- Withdrawal by bank transfer takes 3 – 5 days to be processed, and credit/debit cards and e-wallets are processed within 24 hours.
Supported Platforms
Overall, WorldTradex’s account-opening process is fully digital, but it takes longer than usual for the support team to verify one’s account. Stratos Global LLC, trading as WorldTradex is incorporated in St Vincent and the Grenadines and registered witht the Financial Services Authority. Traders in the UK will trade with Stratos Markets Limited which is regulated by the UK Financial Conduct Authority (FCA). WorldTradex’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its WorldTradex YouTube channel.
Platform Functionality
You can upload a copy of your ID/passport for verifying your identity, and a bank statement/utility bill for verifying your residency. Traders are then directed to WorldTradex’s secure server to complete the online application. This requires filling in one’s name, email address, and selecting their preferred base currency (click here for more on WorldTradex’s base currencies). Traders are also required to fill in their contact information, employment status, and financial status. While WorldTradex does hold all client money in segregated client trust accounts, it does not offer Indians negative balance protection, which means they can lose more than their initial deposit.
Payment Options and Withdrawal Times
Comparison is based on the average WorldTradex Group spreads of the period April 1, 2022 to June 30, 2022. Additionally, this section has an introduction to the Trading Station platform on both desktop and mobile. Since this platform is unique to WorldTradex, new clients will find these videos very useful. The advantages of using MT4 are numerous, but most centre around the community support and the number of users that the tool boasts. Support is available for MT4 from WorldTradex customer support, and you will also find a wealth of guidance online. Withdrawal by bank transfer takes 3 – 5 days to be processed, and credit/debit cards and e-wallets are processed within 24 hours.
- FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis.
- In our 2025 Annual Awards, WorldTradex finished Best in Class for its excellent Platforms and Tools.
- CFD brokers registered in SVG are not required to segregate client money from company operational capital, nor are they required to participate in compensation schemes.
- Stratos Global LLC (“WorldTradex”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies.
- Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions.
- Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking.
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Finally, some of WorldTradex’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead https://worldtradex.world/ be inspired by creating interactive courses that feature quizzes and incorporate progress tracking.
Similar apps
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 beautifully on mobile devices. The WorldTradexpy Python Package enables application builders to use a REST API in their applications, creating algorithmic trading strategies. WorldTradex Apps include different expert advisors, apps, and indicators, some of which are free. The WorldTradex App Store has add-ons for all the supported platforms and is broken down into the following areas.
It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. This means that Indians with bank accounts denominated in INR will have to pay currency conversion fees on deposits and withdrawals. Currency conversion fees can make trading expensive and affect profitability. Overall, because of its strong international regulation, segregation of client funds, and history of responsible behaviour, we consider WorldTradex a safe broker to trade with. However, traders should be aware of trading with low minimum deposits and high leverage, as this could see their trading accounts wiped out. With its wide range of available platforms and deep offering of trading tools, WorldTradex has set the bar high and competes among the best brokers in the industry.
The MT4 platform does not allow WorldTradex to include commissions in pre-trade margin calculations on client’s pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades. WorldTradex’s Active Traders can unlock the market depth functionality on the Trading Station forex and cfd platform. Multiple levels of liquidity are visible at each price, providing extremely use information to short-term and high-frequency traders. Learn how regulators protect traders and how the Forex market is regulated.