The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity.
Transparent Fee Structure
worldtradex provides a diverse range of highly informative educational materials in both written and video formats. The broker has published multiple eBooks and hosted hundreds of webinars, along with maintaining a podcast with regular episodes. Its educational content is thoughtfully designed to cater to traders of all experience levels.
Platforms
- Each demo account imitates real trading conditions, the only difference is virtual money is used.
- worldtradex’s MetaTrader 4 platform is compatible across multiple devices and ensures swift and efficient execution of all trades.
- We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
I have compiled the table below to help you better understand the difference between the trading fees with worldtradex’s No Commission account type and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. worldtradex provides access to the widely popular MetaTrader 4 platform and offers free Virtual Private Server (VPS) hosting for low-latency trading. The broker stands out with its extensive educational and research content, developed both in-house and sourced from the renowned Trading Central.
Brokers Guides
This average customer rating is based on 21 worldtradex customer reviews submitted by our visitors. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. Payments typically take up to 24 hours, though wire transfers may take up to five business days. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Examine the latest Customer Reviews and Comments about the Top Forex Brokers written by real traders and Forex experts on a daily basis.
Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. These tools can be used to assist with finding potential trading opportunities, analysing the markets, risk management and more. I was especially impressed with the market analysis and research tools. If you want to run your platforms 24/7, the worldtradex VPS is another fantastic tool they provide. Many years of experience within the trading industry has made worldtradex experts at delivering flexible, bespoke and multifaceted trading platforms. Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms.
worldtradex offers commission-free trading and floating spreads from 0.9 pips on its No Commission account. My test indicated that the spreads on this account are broadly average to high compared to the industry benchmark. Where many brokers only offer a few accounts, worldtradex have a great range of different trading accounts to cater to the needs of many different styles of traders. There are accounts with floating spreads, fixed spreads, no commission and spreads starting from zero.
- So now your withdrawal will be denied as your trading.This just goes on and on.
- worldtradex offers Islamic accounts for swap-free trading under Shariah law.
- Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
- worldtradex are renowned for their high-quality trading execution which they consistently look to improve by investing in technology advancements.
Can I Use MetaTrader 5 At worldtradex?
Traders have the liberty to select between Live and STP/ECN trading accounts, each providing the option of both https://worldtradex.live/ floating and fixed spreads to suit their trading style and preferences. I found worldtradex’s selection of tradable instruments diverse enough to accommodate most trading strategies. The broker offers gold and silver CFDs denominated in EUR and USD so that traders whose accounts are also denominated in the same currencies do not have to pay a conversion fee. worldtradex could improve its offering by including vanilla options or Asian stocks. The broker provides featured trading ideas from Trading Central, offering day traders insights into developing market setups.
worldtradex Trading Instruments
One thing in particular I like that sets worldtradex apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education. This shows strong business ethics and a responsible corporate attitude by supporting community development. worldtradex offers a variety of bonuses and promotions, which can provide new traders with additional capital to get started. The broker regularly updates its bonus offers, so it’s essential to check the website for the latest promotions. The MT4 platform, whether accessed through Windows or WebTrader, is tailored to provide a comprehensive and enriched trading environment.
Compare Trading Instruments
worldtradex holds a mixed reputation online, with both positive and negative reviews from users. While many traders appreciate the broker’s competitive spreads and educational resources, some users report slow withdrawal processing times and occasional customer service issues. Overall, worldtradex maintains a strong market presence and continues to be a popular choice among traders, despite a few drawbacks. worldtradex offers a great variety of trading accounts to suit different types of traders and trading styles.
Furthermore, the charitable work they do is very commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike. I like how they have strict regulation in multiple jurisdictions and are well respected within the industry. The high quality of their services has been acknowledged by the numerous international awards that they have won over the years. If you are looking for a reliable trading broker with everything that you need in once place and much Worldtradex scam more, worldtradex are a top choice.
The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream. Each demo account imitates real trading conditions, the only difference is virtual money is used. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.
Whether you are a beginner exploring the financial markets or a seasoned trader seeking advanced trading conditions, worldtradex is the ideal partner. Choose the trading account that suits you best and experience the sophistication of worldtradex’s trading platforms. worldtradex, in its pursuit to accommodate every trader’s unique needs and trading preferences, provides a good variety of trading account types. With a competitive trading environment, including low spreads and flexible leverage, traders can navigate the financial markets with ease and efficiency.
And thirdly, broker provides a wide range of financial instruments, including currency pairs. This allows you to trade indices on various markets across the globe with deep market liquidity and easy to use trading platforms. Clients are supported in over 30 languages, 24/5, and can access their personal trading account from MT4 on desktop or trade on the go. In addition, the broker offers daily, updated educational and market news delivered by a multi-lingual professional research team. Entering the financial markets with worldtradex is simple, transparent and supportive for all levels of investors. Once registered, you can seamlessly manage multiple trading accounts through the Client Portal, ensuring a smooth trading experience.