Worldtradex Reviews Read Customer Service Reviews of Worldtradexfx com

Firstly, the broker doesn’t offer the best range of asset coverage. The major forex pairs are offered, yes, but almost no emerging markets are. No stocks are offered, only 2 commodity assets, and 2 cryptocurrencies. While MT4 is the most popular out of the two platforms, the cTrader platform does offer more advanced features that are particularly suited to retail and institutional traders.

Assets & Leverage 📂

• Here are some of the spreads we found on the most commonly traded assets with WorldtradexFX as an example.
• While you can deposit funds in various currencies, these will be converted to USD at the exchange rate set by the payment system you use.
• In such cases, if the account balance turned negative, the credit from the bonus would be automatically cancelled, preventing the account from going negative.
• We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
• These resources are crucial for developing a solid foundation in trading principles and practices.
• Yes, through the Worldtradex Copy app, users can replicate the trades of experienced Master Traders.

The research and learning sections, for example, are of a very high standard and the in-house copy trading service is a neat addition. But the core of the Worldtradex offering is the provision of convenient, efficient, cost-effective access to the markets. Clients can opt to trade using ECN portals, which take the quality of execution up a level. The choice of trading platforms means users can select the best fit for them. Dear Thompson,Thank you so much for the awesome 5-star rating and for taking the time to share your experience with everyone.

WorldtradexFX Free forex signals

This is $50 minimum deposit within the EU with the account being available worldwide. We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our Worldtradex forex broker analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.” WorldtradexFX is a global forex and CFD broker that has been providing online trading services since 2011.

The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known. As a trader, you will find a range of features available at WorldtradexFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an WorldtradexFX trader.

WorldtradexFX forex broker account registration and verification

• If I had to quibble, I’d say they could add more trading instruments.
• This is most likely the most well-known trading platform out there and is very popular with traders around the world.
• Worldtradex offers trading accounts denominated exclusively in US Dollars (USD).
• The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.
• We’re proud to have earned your trust over the years and are excited to continue supporting your trading journey ahead.Please don’t hesitate to reach out to us at if you ever need assistance or have suggestions.

For those familiar with cryptocurrency wallets, this process is very simple and quick. Worldtradex does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of Worldtradex is that it does not charge swap fees. Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of Worldtradex.

Very best broker all over the world

It was essentially developed by traders for traders and includes a plethora of charts and tools. The MT4 and MT5 are standard with only slight variations between firms, the functionalities can be significantly different in addition to spreads, fees, and other tools, features and admin areas. As WorldtradexFX is a large broker, it fittingly offers a good range of funding options on both the fiat money side and the crypto side. The Islamic account can be accessed through all of WorldtradexFX’s trading accounts mentioned above. The only thing you will need to do is check the “Swap-Free” box during the initial account sign up stage.

However, no services purchased by our partners shall affect the recommendations on https://worldtradex.bid/ our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

Browse the latest of 70+ trading industry awards we have received for our excellent service. Worldtradex is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). Worldtradex holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform.

From the Worldtradex app, users can open positions in the Worldtradex account as well as in MT4 and MT5, which can also be done using those specific applications. This means the app provides complete control over all open accounts and displays the full trading history. It features attractive charts for all three account types, allowing trading and modifications. From a trading perspective, the app is comprehensive, including an economic calendar and a section called “Space,” which features posts about different market assets filtered according to the trader’s interests.

Being able to still engage with the full range of services from smaller screens is a real plus-point for the service. The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. The average ‘first response time’ is relatively quick, and it operates on a 24 hour/7 day basis with languages supported being Hindi, Malaysian, Indonesian, Urdu, Chinese, English, German, Portuguese, Spanish, Vietnamese, Thai. The firm also offers one of the most responsive and knowledgeable customer support teams and an informative and clear educational section.

Worldtradex has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. Founded in 2011, Worldtradex (formerly WorldtradexFX) is part of a group of global entities, which include Worldtradex Markets LTD (based in the island of Mwali) and Worldtradex Markets Cyprus Ltd (based in Cyprus). Worldtradex also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Lastly, Worldtradex also has an entity regulated in Mauritius, through Uni Fin Invest .

WorldtradexFX Islamic Account

The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, Worldtradex offers impressive customer support to assuage any potential challenges traders might face. In addition to educational resources, Worldtradex provides various tools to assist traders, including a pip calculator, profit calculator, live quotes, trading monitors, economic calendar, news, and a market analysis section. A standout feature is “Space,” which offers direct access via the app or the web-based Worldtradex platform to analyses containing trading ideas, technical analysis, and the potential impact of economic events on various assets. Dear Chukwuemeka,We sincerely appreciate your kind words and for taking the time to share your experience with Worldtradex. It’s truly rewarding to hear that you are enjoying our Trade & Win gifts, trading bonuses, and the gifts we offer.

Traders can choose from MetaTrader 4, MetaTrader 5, and Worldtradex Trader, a proprietary platform with advanced features. Each platform is available on desktop, web, and mobile, offering flexibility and full trading functionality. WorldtradexFX offers access to 277 tradable instruments across five asset classes, from the Forex market to digital assets.

How profitable and reliable is the Worldtradex copy trading feature?

The WorldtradexFX 50% deposit bonus can be used to increase free margin and open higher-volume positions. The bonus is withdrawable once the required trading volume is completed. Click the “Go to Website” button on this page to reach the broker’s application form. The ED-led investigation revealed that WorldtradexFX, in partnership with M/s WorldtradexFx India Pvt Ltd, operated in India without the authorisation of the Reserve Bank of India (RBI). The firm had defrauded investors under the guise of forex trading, and generated more than Rs 800 crore in less than a year.

The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” All of the platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the WorldtradexTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. In terms of tools, traders can choose the most convenient platform among Worldtradex Trader, MT4, and MT5.

The firm’s accounts are Shariah-compliant and no interest will be charged on overnight positions. To help support traders currently impacted by COVID-19 across the world, WorldtradexFX is reducing spreads to enable higher profits. In terms of forex, a number of minor forex crosses are not offered. When looking at equities, only indices are offered with no option of single stocks, and only Gold and Silver are available in commodities, on a micro account. That said, the firm is not publicly trading and does not operate a bank. Therefore, we encourage anyone considering WorldtradexFX to do your own additional research to determine whether you are happy with the standards offered.