WorldStocks Broker Score
Along with the below mentioned features, WorldStocks also has great security features, competitive trading conditions and good customer support, making it a suitable broker for every trader, regardless of their experience.
When you are starting out as a trader in the financial markets, you have to begin searching for a broker that you can trade with and not have to worry about challenges. Of course, the financial markets are inherent with challenges and the best way to reduce them is by opting for a broker that’s fully capable of fulfilling your trading needs. There are lots of traders out there who are only focused on the short-term and so, they don’t make the right choice. They opt for a broker that offers you only the basics because that’s what you need when starting out.
But, as you begin to trade, you will require more and the broker will not be able to keep up. Hence, you will need to switch to a different one and this is a time consuming process and a hassle. The key is to find a broker that can cater to you, no matter what your background and provides you with everything that’s needed for a smooth and profitable trading experience. A quick search shows that there are hundreds of brokers to be found, but not all fit into the same category. Therefore, you have to put in some effort into finding a broker that can work out for you in the long-term.
There is no shortage of such brokers in the market and you will find numerous options that you can check out. However, it is your job to sort through them in order to find the one that suits you the most. WorldStocks is one of the brokers that are operating in the market, which is owned and operated by HF and Company Ltd, which has its headquarters located in Seychelles. This broker is regulated by the Financial Services Authority (FSA) in the country and specializes in forex and CFD trading.
In order to ensure whether it can fulfill your trading needs or not, you need to check out its features and services. Take a look at them here:
- Trading Platform at WorldStocks
The most important feature of any brokerage is the trading platform they provide to you. It is the software that gives you access to the financial markets, lets you execute your trades and provides the tools that are needed for making smart decisions. Some brokers develop their own platforms, but WorldStocks has not done so. Instead, the broker has added the top trading platform in the market i.e. the MetaTrader4. It is the choice of every professional trader around the globe and enjoys a lot of popularity because of its cutting edge technology and innovative tools.
With the MT4, you can enjoy superior trade execution and one-click trading features. WorldStocks lets you use the Web Terminal for Windows and Mac alike and is also compatible with iOS and Android mobile devices. This gives you the freedom to use any device that seems convenient to you. Apart from that, the platform allows you to take advantage of some of the most powerful trading tools, such as technical analysis tools, more than 30 trading indicators, advanced charting that includes real-time customizable charts and a variety of trading orders.
- Trading products at WorldStocks
Another important aspect of a broker that you need to look at is the trading products they are offering. After all, you have to make sure that they have the products you are interested in and give you room to diversify and expand your investments later on. WorldStocks has put together more than 200 options for its clients to explore, all of which belong to different markets. The broker allows you to trade in the biggest financial market in the world i.e. the forex market. You can also trade commodities of various types or try your luck in the stock market. Some indices have also been added to give you more room to diversify. Cryptocurrencies are also an important addition and you can take advantage of their volatility for your own benefit.
- Trading Accounts at WorldStocks
To use any broker’s services, you will be asked to create a trading account with them and you have to do the same at WorldStocks. It is a common trend amongst brokers to offer various account options to their clients, especially when they are catering to traders from different backgrounds. The same applies to this broker as well, which has put together five account choices for traders. These are Essential, Micro, Standard, Premium and Premium Pro. Each of these accounts have different deposit requirements, which start at $250 and go as high as $200,000.
Similarly, the features that you access in each account will vary. For instance, the first account gives you leverage of 1:50, but the last account option allows you to enjoy high leverage of 1:150. Likewise, the spreads start at 3 pips and then are reduced to 1.1 pip for the last account option. Some accounts come with analyst sessions, education center access and trading signals. You can go over each of the options and choose one that suits you.
- Payment Methods at WorldStocks
In order to trade, you will be required to make a deposit and this means checking out the payment methods supported by the broker. The same methods are then used for making your withdrawals. At WorldStocks, you will have a combination of traditional and modern methods to choose from. You can use bank wire transfer for adding and withdrawing funds. Its risk free, but takes a couple of days to process transactions.
If not, you can try out debit and credit cards, which include Visa and MasterCard. It is the quickest method for deposits as transactions are processed instantly and withdrawals also take less time than wire transfers. Lastly, e-wallet options, such as Neteller are also supported at WorldStocks and can also be quick and efficient.
Along with the aforementioned features, WorldStocks also has great security features, competitive trading conditions and good customer support, making it a suitable broker for every trader, regardless of their experience.