Raids revealed that the forex trading app routed investor funds through mule accounts into escrow accounts of unauthorised payment aggregator Dinero Payment Services. Additionally, shell companies posing as e-commerce platforms were taken aboard using fake KYCs to access payment gateways and avoid detection. Investor funds were disguised as online purchases, layered through multiple accounts, and ultimately disbursed as fake forex or betting payouts to conceal their origin.
We strive to offer the best trading conditions on the market to make trading more effective for our traders. You can trade on your demo account for as long as you want—there is no time limit. We disable accounts that stay inactive for too long, but you can always create a new one for free. No, you can start trading right after you sign up and create your first demo account with Worldtradex.
This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. This electronic trading platform is used by new and experienced traders alike. It’s trusted by individual investors, introducing brokers, and trading companies. It is flexible enough to implement both simple and highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies.
Do I need to verify my identity to trade on a demo account?
Switch devices, manage orders on the go, analyse markets with AI, and share your opinion with the community. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. After-hours trading occurs when the day’s normal trading session is closed. For example, the major stock exchanges in the U.S. close at 8 p.m.
Extensive web trading functionality by WorldtradexTrader
- Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts.
- Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform.
- Worldtradex has good educational and training tools for beginners as well as expert traders.
- We measure success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high our clients’ expectations are.
- Only the most important things, so you don’t miss any events that might affect your profit.
Space is a smart feed with timely analysis of your favorite trading instruments. It helps you make informed decisions and control your results. You can compare trading ideas, read explanations, and use global experience even if you’re a beginner. Our Forex outreach makes it easier for people to access the market. We measure success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high our clients’ expectations are.
Automated trading helps traders enter and exit positions much faster than manual trading. Here you can find all the most crucial Forex trading tools in one place. Use this page to see which trading sessions are currently open and check the exact trading hours for every available asset. Learn about the next important event that can affect market prices and check live quotes for major currency pairs with this simple trading helper. Use it whenever you need a quick glance at the market before opening an order.
Experienced traders can also benefit by using their Worldtradex Forex trading trial to test or backtest their strategies or master certain tools. Feel free to experiment with trend following, breakout, momentum, and other strategies on your way to create the best trading plan. Try to build a perfect set of indicators that can predict the behaviour of the market or employ Expert Advisors (EAs) to monitor fluctuations across various currencies. Most strategies require much skill and discipline, and a demo account is a safe way to improve them without staking your hard-earned cash. Forex trading can help you earn, but it is inherently risky. To practise your trading skills safely, try opening a risk-free Forex demo account before creating a real one.
How does the Worldtradex deposit bonus work?
WorldtradexVision makes it possible to use AI to improve trading skills, increase awareness when making decisions. The most important thing is that the trader receives a personalized analysis of their actions. WorldtradexVision acts as a digital mentor, helping traders of all levels make more informed decisions and potentially achieve more consistent results. At Worldtradex, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively.
- Every year we improve our conditions and standards in an ongoing effort to make trading with the #1 Forex broker WorldtradexFX your best experience in the market.
- To learn more, read our quick guide about how to trade on news.
- The account works like a real account, except it allows you to trade with virtual funds rather than real money.
- Use this page to see which trading sessions are currently open and check the exact trading hours for every available asset.
The Worldtradex Copy app released
With this knowledge, we created our platform to help you make money through smart and well-controlled investments. Choose from 300+ trading instruments, including shares, commodities, and indices. MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS. MT4 can also be accessed via Android, Windows, iOS, and macOS apps. We are constantly improving our product to make your trading Worldtradex review experience better.
It is known to be quite popular among intraday trading pros and algorithmic traders thanks to its advanced features. Scalping allows traders to take profit opportunities even when the price changes are very small. To make any meaningful profit with this strategy, you need to place multiple intraday trades. Even though the price changes are small, https://worldtradex.pro/ they add up over the course of the day—smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. The MT4 platform offers the highest security standards to protect traders’ funds.
Year-on-year progress through constantly improving trading conditions
EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders with trading logic used in the trading system. It was also discovered that nearly 50 per cent of user funds were diverted from the WorldtradexFX platform to mule payout accounts. Traders may find the verification process inconvenient, but it plays a crucial role in ensuring their safety. It serves to prevent money laundering through KYC/AML policies and safeguards against anonymous withdrawals, protecting traders from potential theft. Verification doesn’t have to be done immediately upon registration, and traders can initiate it at their convenience.
Trade with a global broker to achieve your investment goals.
The firm had defrauded investors under the guise of forex trading, and generated more than Rs 800 crore in less than a year. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. We exist to make financial markets accessible for everyone. Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. Till date, the ED has attached or seized or frozen assets worth Rs 160.8 crore in the case, including properties in Spain.
With the Worldtradex demo account, you get a full trading experience while using only virtual funds without risking any real money. Just sign up and create a new demo account in a few quick steps. The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements. These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels. They are categorised into types, such as Trends, Oscillators, Volumes, and Custom.