It’s a nice, risk-free way to start off in the world of investing, and the free trial is something a lot of platforms don’t offer. These apps can be downloaded to iOS or Android devices. They have mobile-optimized charts, multiple order types and facilitate one-click trading.

worldtradex’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. 24 hour support would be a nice addition, but the customer service at OptionsHouse compares favorably to most other brokers. The platform is also extremely customizable, more so than others. The entire https://worldtradex.world/ interface can be set up to suit your own preferences, simply by adding or removing different sections to the layout.

Comprehensive Assistance for Traders

It’s owned and operated by Peak6 Investments, which is one of the largest options trading firms https://worldtradex.space/ in the United States. The good thing about this is that it pretty much ensures that OptionsHouse knows exactly what its doing. Among many things, OptionsHouse’s primary appeal is its $4.95 price for trades (for options, there’s an extra $0.50 per contract).

This rate is one of the most competitive in the business, which is something to keep in mind for traders who want to keep things no-frills. Another thing to keep in mind is that there are no commission-free ETFs on OptionsHouse; you have to pay commission in some way. Granted, these fees are extremely affordable, but that is admittedly a step behind many of OptionsHouse’s competitors, who do offer commission-free ETFs. While OptionsHouse’s choices are pretty expansive, one of its few limitations is that it does not offer forex investments. This prevents people from being able to trade in international futures, so if you’re looking for that kind of brokerage, you will want to look somewhere else.

We are impressed with the range of forex assets available. With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities. worldtradex does not charge inactivity fees – a levy we see at many forex brokers we review. Our testing shows that worldtradex offers lower fees than most forex brokers, especially in its premium accounts. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs.

Markets & Assets

This failing could be considered fair enough considering the fees charged by OptionsHouse, but it’s definitely an area where the broker should look to improve. More positively, the technical analysis tools available are of a significantly higher quality. You can easily view short term and long term trends, along with various statistics and trading signals.

How To Make A Deposit

Traders should also keep in mind that triple rate swap fees are charged on a Wednesday. On the downside, our research has revealed that swap-free accounts are not available. For Islamic traders, we recommend AvaTrade instead. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets.

To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. worldtradex also offers an automated investment advisor. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services. We aren’t impressed with the additional trading features available.

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. worldtradex is a trustworthy forex broker in our view. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. worldtradex uses electronic communications networks (ECNs). This means the broker effectively acts as a middleman to give traders access to the forex market.

• What these two plans mean in practice is that OptionsHouse is attractive in terms of costs to basically all kinds of traders.
• With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs.
• One other nice tool is strategySEEK, which lets you scan real-time market data to identify opportunities that match your risk levels and investment priorities.
• Contact methods include live chat, telephone and email.

Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. UK investors can access a range of deposit methods to fund their worldtradex accounts, including traditional payment solutions and cryptos. As a result, Jus2Trade scores highly in terms of payment options.

Additionally there are summaries provided for bullish, bearish and non-directional events. There is live quote streaming, current market news, and much more as well. Experienced traders looking for advanced features won’t be disappointed while beginners should have problems getting used to trading while using this platform. We have provided more detailed information about this broker in our review below. We cover all the key aspects, including the costs of trading, the platform, and research and analysis tools. Unlike many online brokers OptionsHouse, as the name indicates, it’s very much focused on options trading.

Trading platforms often have their own security features. For example, MT5 is protected using data encryption, server authentication and more. Personal account security on worldtradex is strengthened by two-factor authentication (2FA). The broker can also restrict account access if it believes security has been breached. In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts. Virtual accounts are excellent for beginner investors, as well as more experienced clients looking to test a new trading strategy.