Discover a range of assets and start trading with worldtradex

This commitment to ongoing accuracy allows us to provide our readers with the most current and relevant information available. Yes, worldtradex offers a demo account with virtual funds, allowing traders to practice trading strategies without risking real money. worldtradex offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders.

• worldtradex offers competitive spreads that can start at 1.5 pips, particularly on its ECN account types.
• worldtradex provides over 320 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, and futures contracts.
• Customisable, with advanced chart functionality and trading tools, the MetaTrader 4 is your go to platform for all markets.
• At MarketBulls, our commitment to delivering accurate, reliable, and comprehensive reviews is at the core of everything we do.
• For Standard accounts, worldtradex’s commissions are part of the floating spread, which varies with market conditions.

Spreads

This fee is usually a fixed amount, around $10 to $15 per month, and is deducted until the account is reactivated through trading or becomes depleted. This policy encourages traders to maintain regular activity in their accounts but could be a drawback for those who trade less frequently or take extended breaks from trading. Dear Justin De neef,Thank you for sharing your feedback with us.

Issues related to withdrawals appear to be https://worldtradex.live/ a recurring problem, common with less reputable brokers. Users mention scenarios where deposits are simple, but retrieving funds is problematic. Some clients also complain about unresponsive or non-existent customer support. With a minimum deposit of $350 and base currencies in EUR, USD, or GBP, forex traders and other traders can access worldtradex’s services through their MT4 platform, WebTrader, and mobile platforms.

Hello Erik Krüger,We are so grateful that you took the time to write this excellent review! Hi HipnF,We are so glad to see that you are satisfied with our worldtradex platform! We appreciate it and will make sure to let our Product Team know.

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worldtradex is not targeted to residents of the EU where it is not licensed. worldtradex does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria and North Korea. We compared worldtradex with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts. You shouldn’t trust such firms because they operate without serious regulation. The platform could work against you, and believe me, it will.

Explore trading opportunities with worldtradex

There is nothing particularly useful or unique, but at least worldtradex offers small tools. This is better than nothing, but it is unlikely to bring any real benefit to clients in terms of stable earnings from trading. It is also odd that there is no mention of an affiliate program. This is surprising, as it could help the broker attract new clients while allowing traders to earn rewards independent of their trading performance in financial markets. We continuously monitor changes in broker offerings, regulations, and market conditions to ensure our content remains up-to-date.

worldtradex Instruments Summary

Trading carries a high level of risk and may not be suitable for all investors. You should consider whether you understand the risks involved. worldtradex offers remuneration plans, including CPA commissions and extra cash bonuses.

Reviews

Here, worldtradex can be given a good rating for their efforts. worldtradex recognizes the importance of equipping traders with the knowledge and tools necessary to succeed in the financial markets. The MT4 mobile app provided by worldtradex allows traders to manage their trades on the go with ease. Available for both iOS and Android devices, the app offers full account functionality, real-time quotes, interactive charts, and a wide range of technical indicators.

• Traders can contact the customer support team via email at , and they will reply within 24 hours.
• The broker has also added an online chat feature to its official website.
• CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage.
• No, worldtradex does not offer support for the cTrader platform.
• In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

Regardless of whether you trade forex or other financial instruments, worldtradex equips you with the tools you need to make informed decisions and succeed in Worldtradex scammers your trading activities. worldtradex’s top priority is to ensure security and reliability for their clients as well as offering round-the-clock customer service for quick resolution of traders’ queries. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent).

This structure benefits high-frequency traders and those using strategies that require minimal spreads, such as scalping. The combination of low spreads and reasonable commissions ensures that traders can manage their costs effectively while taking advantage of market opportunities. One of the major advantages of worldtradex is that it does not charge any fees for deposits. This means you can fund your trading account without incurring any additional costs, regardless of the deposit method you choose. worldtradex supports a variety of deposit options, including credit/debit cards, bank wire transfers, and popular e-wallets like Skrill and Neteller.

Please note that trading leveraged products carries a significant risk of losing all your invested capital. It is crucial to only trade with money you can afford to lose. MarketBulls does not offer financial advice, and all content is for informational purposes only. Yes, worldtradex offers negative balance protection, ensuring that clients do not lose more than their account balance in volatile market conditions. Traders in India can access the broker’s range of trading instruments and platforms. Opening an account with worldtradex is a straightforward and efficient process designed to get traders up and running quickly.

Hi Bawornthath Maleenon,We love to hear what our customers have to say, and your feedback has been very insightful! I find a good ratio of price to quality for my day forex trading. Spreads is okay and there was a way to upgraded an account to get tighter ones. Anyway, it wasn’t a big deal for me as MT shows your profit and loss.

It is good that the broker provides separate documents with up-to-date terms for each of its promotions. However, such an excessive number of bonuses suggests that worldtradex is more interested in reducing traders’ chances of successful trading and withdrawing profits. If a broker calls itself global, safe, and profitable, you should not take its word for it. worldtradex, for example, claims to be the fastest-growing company in the forex trading industry but says nothing about licenses, while positive reviews online seem fake. So today, we will check whether this platform is truly safe or if something is wrong with it.

Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Some of the partners featured on this site may not be regulated in your country.

worldtradex imposes a 3% handling fee for withdrawals made without any prior trading activity. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. MetaTrader 4 is a good option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms.