The customer service team is professional, helpful and usually answers within 1 business day. Keep also in mind that bonuses and promotions are usually cyclical, meaning that they may not be available at all times. The selection may slightly vary depending on your area and the account type selected. Since WorldTradex operates under different regulations, and all the regulations don’t impose the same leverage options, so the leverage level may fluctuate from country to country.

• The WorldTradex standard account, called WorldTradex Premium Account, charges spreads from 1.4 pips.
• Coupled with hundreds of stocks investors can also trade derivatives on the world’s leading indices.
• No, the only WorldTradex demo accounts available are the Cent, Zero, Premium and Pro accounts.
• Moreover, losses in leveraged products may exceed your initial deposit.
• It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies.
• Traders can utilise both MT4 and MT5 trading platforms with the WorldTradex Premium Pro account.

In addition to the benefits we’ve already mentioned, there are also daily cash rebates of $2 per lot traded, with a maximum limit of $8,000. Depending on your region, funds usually arrive between 2-10 business days. WorldTradex does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. The offer available to you will depend on the entity of WorldTradex you trade with and so will vary the base currencies you can choose. The payment account holder must match the account holder’s name. For joint accounts, the WorldTradex account must be opened in the name of any one of the joint account holders.

How to Open an WorldTradex Account

In addition, it offers a versatile trading platform with access to Forex, Commodities, Indices, Cryptocurrencies, and more. HF Markets (WorldTradex) formerly called Hotforex, a well-established forex broker, offers a range of solutions to suit different budgets and trading styles. Here is a summary of payment methods accepted by HF Markets for deposits. Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on WorldTradex.

Most Traded Forex Currency Pairs in 2024 – TradingCritique

For individual WorldTradex sign up, the investor/ trader will provide their personal information only, while for the corporate account, company details are needed. WorldTradex sign up for live account offer three different types of sign up options, which include individual, corporate, and joint. To get you the WorldTradex review, we have opened a demo account and found that opening a demo account is not a complex task. It can be opened by clicking on the Demo button and then providing all the information. However, they provide service through CFDs with access to unrestricted liquidity, tight spread, and many attractive offers. No, the account name you use to deposit funds into your trading account must have the same name as your trading account.

What is the minimum deposit in KES for HF markets?

Step 5)Opt for KES transfer and proceed to make a direct transfer to HotForex’s account with the African Bank Corporation Ltd in Kenya. It’s advisable to include your account ID as part of the description for the transfer. Minimum withdrawal with e-wallets on WorldTradex is also 700 KES and it takes only 10 minutes for you to receive the funds or it happens instantly. You can expect the withdrawal from WorldTradex to take anywhere from 1-3 business days.

• The minimum withdrawal amount is £5 on WorldTradex in the United Kingdom.
• WorldTradex stands out as a versatile forex and commodities broker, offering comprehensive trading services for both retail and institutional clients across the globe.
• WorldTradex is one of the highly regulated forex brokers that offer online trading services to traders worldwide.
• Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis.
• Typically, WorldTradex’s deposit incentives have no direct influence on trading leverage.
• The trading account provides a generous 20% bonus on additional funds, allowing for significant accumulation.

MT4, MT5 and WorldTradex Application are easy to use, so anyone can use them regardless of their experience. For example, the micro account spread starts from 1 pip, while the zero account offers zero fees with average spread of 0.2 pips. Like the deposit methods, withdrawal methods also come with a wide variety of options, such as wire transfer, union pay, visa, MasterCard, and other online digital payment options.

What is Negative Balance Protection at HF Markets?

The Verification of the live trading account should generally be completed within minutes of uploading all documentation. Once a trader is fully confirmed, they will receive an email notification as confirmation. No, the minimum deposit requirement only applies when opening an account. Future deposits can be made in any amount, as long as they meet the platform’s deposit guidelines. WorldTradex provides unrestricted access to its liquidity for traders using Expert Advisors, enabling automated trading strategies to run seamlessly on its platform.

For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip. However, it should be noted that PAMM accounts generally have higher spreads than normal accounts. The WorldTradex Premium Pro account offers a range of base currencies including USD, EUR, and PLN. The Premium Pro account has a minimum deposit requirement of $5,000 for Professional Clients and $500 for Experienced Retail Clients (Poland traders only). Traders can choose between the MT4 and MT5 trading platforms within the WorldTradex Pro account.

Deposit Bonuses and Promotions

WorldTradex Pro account is not available for traders in the EU, UK, and Australia. The WorldTradex Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the https://worldtradex.world/ trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0.