Additionally, within the European Union, HF Markets provides Negative Balance Protection, which means that traders will never lose more money than they deposit. Here, new joiners can get a feel of a real trading account without the usual risks involved in being an owner of a paid or live account. However, it is worth mentioning that WorldTradex does not have a dedicated “Contact Us” page on their website, which could be deterring for some clients. The absence of such a page might make it challenging for potential clients to find the required contact details and could result in missed opportunities for the broker.
Financial Instruments and Leverage offered by WorldTradex
The WorldTradex Premium account supports multiple trading platforms, including MT4, MT5, and the WorldTradex App. Additionally, the WorldTradex Premium account is available as a swap-free option, accommodating traders of Islamic faith. The Zero account provides traders access to all WorldTradex trading instruments globally, with a minimum trade size of 0.01 lot. The WorldTradex Cent account offers spreads starting from 1.4 pips, which is 40% higher than the industry standard of 1 pip, and no attached trading volume commissions. However, in the context of Cent Accounts, WorldTradex’s spreads are more competitive than its competitors.
- The HF App caters to the fast-paced and tech-savvy lifestyle of traders in Singapore.
- Traditional withdrawals are processed within 24 hours (weekdays only) of receiving them, but different conditions apply to each payment method.
- Broker Judge, guiding you through the forex market with clarity and expertise.
- It’s particularly beneficial for beginners due to its educational resources, demo account, and low minimum deposit requirements.
- Traders must employ responsible risk management techniques, comprehend market dynamics, and utilize leverage sparingly.
- Traders appreciate the hassle-free account opening process, reflecting WorldTradex’s commitment to user convenience and satisfaction.
Currency Support
The platform also features a comprehensive FAQ section that addresses common questions about trading accounts, customer support, and trading practices. Yes, HF Markets offers swap-free trading for certain instruments on specific accounts. Swap-free options are available depending on the account type and trading instruments used. The platform regularly runs engaging competitions, such as the Full Margin Olympics, where traders can compete for valuable prizes like a PS5 Slim and funded accounts. Additionally, traders can earn rewards through the Refer a Friend program, where they can receive up to $200 for inviting new clients. As part of its commitment to security, HF Markets maintains segregated accounts for client funds, ensuring that client assets are not affected by the company’s operational activities.
An In-Depth Look at WorldTradex’s Offerings
- We sincerely appreciate your kind words and are delighted that you’re happy with our services.
- WorldTradex’s MAM/PAMM accounts are an appealing option for Singaporean traders seeking a more passive investment technique in the financial markets.
- The WorldTradex Zero account is a versatile trading solution suitable for traders of all levels, under any WorldTradex entity.
- Trading ETFs enables clients to gain exposure to diverse assets through a single instrument.
- Dear Client,We appreciate your feedback and apologize for the difficulties you faced.
- This lucky draw allows traders to win cutting-edge technology items, adding a distinctive bonus to the trading experience.
With strong regulatory oversight, competitive spreads, and powerful trading tools, HF Markets continues to be a trusted platform for clients globally. HF Markets stands out in the competitive trading landscape by offering several unique advantages. These include Cent Accounts, which provide a low-risk entry point for novice traders, as well as the Supercharged and Top-Up Bonus promotions to boost trading potential. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality. The customer service team is professional, helpful and usually answers within 1 business day. Lastly, WorldTradex earns from B-book execution of some trading orders where WorldTradex acts directly as counterparty, earning on losing trades. Ultimately, this means that traders get the very best price from the many liquidity providers that WorldTradex has in place.
WorldTradex Spreads & Trading Cost
Its strong charting skills are especially useful for Singapore traders who rely largely on technical analysis to navigate the volatile Asian markets. Apart from the retail Pro account, WorldTradex does not provide standalone accounts for Professional Singaporean traders. In addition, the demo account is an educational asset that facilitates continual learning and adaptation in a fast-evolving financial sector for Singapore’s diversified and tech-savvy trading community. If one’s strategies align with available bonuses, they stands a chance at benefiting enormously and increasing market exposure potential through this account type. The WorldTradex Cent Account https://worldtradex.site/ is designed specifically for Singapore’s trading sector novices.
Deposit & Withdrawal
This approach guarantees a seamless shift for traders when they activate a Live Account and embark on actual trading. These exceptional features enhance the overall trading encounter by enabling experienced traders to flourish in showcasing their complete potential and refining their strategies. One notable feature is the availability of RAW, Super-Tight Spreads obtained from top liquidity providers. These spreads are transparently presented without hidden markups, ensuring fairness and competitiveness in the trading environment. Novice traders can take advantage of Cent accounts by testing their trading skills in a real market environment without jeopardizing large amounts of capital. WorldTradex is a distinguished CFD and forex broker based in Cyprus, boasting global office locations.
What instruments I can trade in WorldTradex?
We’re committed to maintaining and improving the quality of your experience with us, and we can’t wait to serve you again. Live chat, the instructions given were clear and easy to understand, and the problem was solved within a few minutes. Just wondering why there is no account manager try to call me and offer some latest offers or promotions. We’ll continue working hard to ensure your future experiences with us are even more rewarding. No, WorldTradex is a fully regulated and legit broker that has been in existence since 2010 and they have over 3,5 million happy customers globally.