The app provides secure login, real-time alerts, charting tools, and full trading functionality, allowing you to trade from anywhere. Worldtradex provides exceptional customer support, ensuring clients get fast, reliable answers through live chat, phone, email, and social media. With 24/7 availability and a dedicated Help Centre, users can resolve issues promptly, no matter where they are.
Ultra Low Account
The same with when I actually open or close the trade, and it’s important for me. I know maybe it’s not optimal, but sometimes I am not at home and have to catch the moves from my phone, I can analyze and open trades carefully. On the other hand, as we noticed Worldtradex has a limited portfolio for EU clients, and outside EU clients there is no good investor protection. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. If you fund your account in a currency different from the base Worldtradex official site currency of your account, a currency conversion fee may apply.
Regulated regions
Yes, Worldtradex supports auto-trading through platforms like MetaTrader 4 and MetaTrader 5, which allow for the use of Expert Advisors (EAs). If you want to compare Worldtradex with other forex brokers in more detail, go to the Forex Brokers Comparison page. Overall, the „Analytics“ section at Worldtradex is extensive and multifunctional, providing traders with everything needed for successful trading. Withdrawals are only possible after the verification process has been completed. To do this, one must provide the broker with documents verifying the identity of the account owner. The Worldtradex Group of companies holds licenses from leading regulators in various jurisdictions, including ASIC in Australia, CySEC in Cyprus, FSC in Belize, and DFSA.
- This is more accounts than other brokers, and it has low trading fees.
- However, this amount may vary based on the specific account a user has opened.
- Its transparent fee structure and client-first policies make it a strong contender among top-tier brokers worldwide.
- Worldtradex offer educational resources which include Podcasts, Live Trading Education, Educational Videos, Webinars, Video Tutorials.
- Worldtradex provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms.
What is Worldtradex commission?
However, with the zero spread account, you will pay $3.5 commission per 1 lot (100,000 units) traded per side. This commission is paid when you open and when you close the position, totaling a $7 commission per round trip. Notable countries that traders will not be able to sign up from including the US, Canada, China and Japan. Furthermore, there are other notable countries, such as Canada, Japan, and China, where traders are restricted from trading with Worldtradex. Worldtradex have problem withdrawal via online bank transfer is under maintenance over one months, support not responsible, be carful everyone. In addition, we found numerous Worldtradex’s add-ones and additional tool allowing you to enjoy extra benefits that the platform offers with regular resrarch or tools.
It is important to be aware of the potential for loss and to only invest what you can afford to lose. It’s worth noting that the expiration date of the proof of address document may differ for different entities under Worldtradex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This https://worldtradex.online/ process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring Worldtradex’s platform.
Worldtradex offers various educational resources to help novice and experienced traders improve their skills and understanding of the market. The Ultra Low account offers the most favorable conditions with low spreads and no swaps on many currency pairs. The average spread on this account is lower than the market average other brokers offer.
In the trading world, brokers like Worldtradex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. This variety allows traders to explore and invest in a wide range of markets, offering flexibility in trading strategy. Another significant advantage is the competitive spreads, which can be as low as 0 pips, potentially reducing trading costs. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
Brokers By Licenses
- The ability to trade worldwide is one of the main benefits provided by Worldtradex, a cryptocurrency trading platform.
- I suppose you know, but for those who don’t – the very first thing that should be IMPORTANT for a new trader is the accessibility of the educational materials.
- Worldtradex Group treats all traders equally, offering uniform trading conditions regardless of account size.
- Worldtradex clients have the ability to trade on both MT4 and MT5, two well-known trading platforms.
- After extensive research over several years, we have compiled a list of the most effective Worldtradex alternatives available today.
- Each year, we collect thousands of data points and publish tens of thousands of words of research.
Catering to various types of traders, you can consider Worldtradex as a reliable broker to embark on your trading journey. As for the trading fees, Worldtradex is known for its low costs on more than 1000 financial instruments. Although the forex and stock index CFD fees are average, the stock CFD and withdrawal fees are comparatively low. To fund your account and withdraw your profits, Worldtradex supports various deposit and withdrawal options, ensuring a convenient and smooth process. The broker also offers a $30 no-deposit bonus when you register a real account. Worldtradex is a globally recognised forex and CFD broker, catering to over 10 million clients in more than 190 countries.
The Webtrader platform is accessible from any device with a web browser. Which means there is a suitable solution whatever device or computer is being used. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Our research indicates that Worldtradex Group is a highly recommended choice for forex and CFD trading.
This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers. Worldtradex’s educational content is extensive and varied, providing all the necessary tools for successful trading in the financial markets. 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. This innovative approach allows copying the trades of experienced traders directly on your account. One of the attractive aspects of trading with Worldtradex Group is the low entry threshold for novice investors and traders.
Worldtradex outperforms many brokers by executing 99% of trades in under one second, without requotes or rejections. This speed and reliability help traders maintain accurate market positions, especially during volatile conditions. Worldtradex’s multi-jurisdictional regulation offers security, transparency, and accountability. Traders benefit from compliance with strict financial standards, which helps prevent malpractice and ensures client funds and data are handled responsibly and securely. Yes, Worldtradex is fully licensed and regulated by financial authorities in Belize, Mauritius, and Seychelles. This regulatory coverage provides peace of mind to traders by ensuring fair practices and adherence to international financial standards.
The trust they strive to build with their clients and the diverse range of CFDs available reflect their dedication to delivering a comprehensive and satisfying customer experience. When you trade with Worldtradex, you’ll have access to a vast array of asset classes including forex, stock CFDs, indices, commodities, precious metals, energies, shares, cryptocurrencies, and futures. To make your trading experience seamless, Worldtradex offers user-friendly MetaTrader 4 and MetaTrader 5 platforms, which are highly popular among traders worldwide. Worldtradex is a globally recognised forex and CFD broker that has been serving millions of clients since 2009. With its client base spread across over 190 countries, Worldtradex has managed to build a strong reputation in the trading industry. The broker is known for offering competitive fees on more than 1,000 instruments and is regulated by multiple financial authorities, such as the ASIC and CySEC.
I threw every possible question at them and props to Sophia for responding very patiently. I always do that to test the broker as I noticed that all the questionable brokers have one thing in common – a really bad support team. I have some issues with the pricing especially at Standard account but when it comes to client-orientedness Worldtradex is arguably the best in the business. Worldtradex is a famous broker, so I didn`t have any doubt and hesitation to start trading with them. It was convenient to trade on both app and MT5 web platform, combining the charts analysis on the web with the opening of the positions through my smartphone.
Ensuring our clients feel supported is one of our top priorities – whether it’s a quick question or a more detailed request, we’re always here for you.Worldtradex Team 🚀BIG. To delete your Worldtradex account, you need to contact Worldtradex’s customer support and request account closure. Worldtradex charges an inactivity fee if an account remains inactive for twelve months.
Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. One other benefit of trading with Worldtradex is that it offers MT4 Multiterminal, which is not often available at other brokers. It allows traders to open and manage multiple MT4 accounts from a single terminal with one login and password. Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research.
Worldtradex supports the widely popular MetaTrader platforms, with options for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile devices. In addition to these advanced solutions, the broker offers its Worldtradex App, available on the App Store and Google Play. All brokers want you to keep trading, and when a trading account lies dormant, they may start to charging inactivity fees. These need to be measured by how long your account can lie dormant before being charged a fee, and, secondly, by how high the fee is. We believe that Worldtradex scores poorly on the length of the dormant period allowed, but scores well on cost. I guess Worldtradex support is an award-winning one cos if not they really deserve it.