The broker offers a variety of payment methods to cater to traders from around the world. To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. worldtradex offers a transparent fee structure that traders can consider when evaluating their trading costs. worldtradex offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities.

These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded. worldtradex offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. Overall, worldtradex’s account offerings exhibit versatility and inclusivity, catering to a wide range of traders’ preferences and needs. Boost the potential of your trades with leverage for traders of all levels. Explore the global currency markets with uninterrupted trading opportunities. Awesome fx apps list – my advice is to check brokers with social trading technology.

The worldtradex Micro and Standard Accounts are commission-free account types with spreads starting from 1 pip. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.

While its interface might seem slightly dated compared to newer platforms, its extensive customization options, large community, and reliable performance make it a strong contender. Enhance your trading experience with the world’s most popular platform and worldtradex’s industry leading execution. Client funds are held in bank accounts separate from those used by the company. To delete your worldtradex account, you need to contact worldtradex’s customer support and request account closure. If you want to compare worldtradex with other forex brokers in more detail, go to the Forex Brokers Comparison page.

• The worldtradex Micro and Standard Accounts are commission-free account types with spreads starting from 1 pip.
• However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours.
• worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message.
• This score suggests that there may be some issues with client satisfaction, offering a varied perspective on the broker’s service quality and customer experience.
• Also, for knowledge and skill trading, the app supports education resources for ease of trading and good practices.

MetaTrader4 App

Pepperstone and worldtradex are industry-leading brokers, and I recommend traders test the trading environments in their respective demo accounts. Pepperstone and worldtradex segregate all client deposits from corporate funds and offer negative balance protection. Both brokers have an excellent regulatory track record spanning 15+ years. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Review Methodology

The account opening process at worldtradex Group is marked by simplicity and convenience. Registration takes two steps and only requires 2 minutes, with clear instructions at each stage. The choice between a demo and a real account and the selection of the trading platform and account type makes the setup process personalized and flexible. Verification is also straightforward, requiring only a primary document to confirm identity. Every client, regardless of account size, gets access to the same excellent trading conditions. Everyone who chooses worldtradex has the same opportunity to pursue their investment goals.

Withdrawal requests are declared to be processed instantly by their Artificial Intelligence Back Office System, based on algorithmic parameters. worldtradex unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran. worldtradex Global also provides direct share trading in addition to the previously mentioned assets. worldtradex offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs. This approach ensures that readers get a clear picture of worldtradex’s strengths while being aware of potential limitations depending on their region. When it comes to trust and security, worldtradex has taken significant steps to establish itself as a regulated and secure broker.

worldtradex is regulated ASIC in Australia, CySEC in Cyprus and IFSC in Belize so if you are in the UK, you might be better off considering a different broker. However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder. We built the website to assist forex traders in finding the right forex brokers to trade with ease.

Average Monthly Branded Searches By Country

The layout is straightforward, making it easy for beginners and experienced traders to find their way around. There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn. worldtradex is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. worldtradex is a multiple award-winning broker that allows its clients to trade forex, CFDs, and real stocks on its MetaTrader platforms. Founded in 2009, worldtradex has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders. Trading tools are also provided to assist the traders with market analyses.

Customer Support

Additionally, worldtradex takes measures to protect client funds by storing them in segregated bank accounts across various locations. worldtradex provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. In addition to controlling your trading accounts and monitoring balance statistics, the worldtradex app has added integrations with trading platforms so you can start trading quickly and easily. Yes, worldtradex offers a demo account that allows traders to practice and familiarize themselves with the platform without risking real money. The diversity of markets and products makes worldtradex appealing to traders of various levels and interests, offering flexibility and opportunities for different trading strategies. Copy trading at worldtradex provides a unique opportunity for even novice traders to trade like professionals.

There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the worldtradex Shares Account which has a minimum $10,000. worldtradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. The account opening process with worldtradex is straightforward and user-friendly. Macroscopic surface The recent US financial market has been complex and changeable due to economic data and policy dynamics. Treasury yields fell first and then rose on Thursday, falling to a three-week low due … Using cutting-edge analysis tools to help you quickly understand market news.

• We pioneered the strict no requotes, no rejections policy that established our reputation.
• Trade with full flexibility on one of many platforms, including the worldtradex App.
• worldtradex is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus.

This innovative approach allows copying the trades of Worldtradex scam experienced traders directly on your account. Client accounts are segregated, meaning client funds do not participate in operational transactions and are kept separate from the broker’s money. All investments are insured by the Investor Compensation Fund, which implies reimbursement of up to 20,000 euros.

Brokers By Country

To deposit funds in an worldtradex trading account, clients can use credit cards (Visa and Mastercard), debit cards, bank transfers, Western Union or e-wallets. To start trading with worldtradex, an initial minimum deposit of $5 is required for Micro and Standard accounts, $50 for Ultra-Low accounts, and $50 for Zero Accounts. Our analysis of over 40 leading brokers’ average monthly spreads revealed that while worldtradex’s no commission spreads are competitive, there are other brokers offering tighter spreads. Whilst a decent choice for new traders we think advanced traders may find worldtradex lacking advanced trading tools and wish a RAW-style account was available.

worldtradex Group’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities. While the number of instruments offered varies across asset classes, worldtradex’s diverse range of options provides traders with ample opportunities to capitalize on different market trends. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.

All versions of the trading platforms can be downloaded from the worldtradex website. worldtradex’s VPS service is an excellent addition to the broker’s trading capabilities, ensuring high-speed execution of transactions and trading reliability. This is especially useful for traders who use automated trading systems and advisors and wish to ensure the continuous operation of their strategies. Islamic accounts fully comply with Sharia laws and do not include swaps or interest for carrying positions overnight, making them an ideal choice for Muslim traders.

This model allows worldtradex to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. However, worldtradex is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders. worldtradex follows a strict withdrawal policy that requires clients to withdraw funds using the same methods as their initial deposit. This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers. It also does not have any investor protection scheme for non-UK/EU traders. Additionally, worldtradex does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives.

Here are the criteria we used to review and pick the forex brokers on this list out of the hundreds of forex brokers out there. Yes, worldtradex provides VPS (Virtual Private Server) services for its clients, which can help improve trading performance and connectivity. worldtradex makes money through spreads on trades and potentially through other fees such as overnight financing charges. The holder solely does account funding; third-party payments are not accepted. For electronic payment systems, the minimum deposit amount is 5 US dollars.