Worldtradex offers 300+ financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices through CFDs. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. In addition, the MT4 platform provides traders with comprehensive trading tools and features to create their trading strategies.
Please note that trading leveraged products carries a significant risk of losing all your invested capital. MarketBulls does not offer financial advice, and all content is for informational purposes only. Yes, Worldtradex is suitable for beginner traders, offering user-friendly platforms, educational resources, and a demo account to help new traders learn and practice. Yes, Worldtradex offers social and copy trading features, allowing traders to replicate the strategies of successful traders directly within their accounts. Worldtradex is considered safe due to its regulatory oversight by the FSA.
- Opening an account with Worldtradex is a straightforward and efficient process designed to get traders up and running quickly.
- Overall, Worldtradex may be suitable for traders who seek flexible leverage and diverse account types but may not be ideal for those emphasizing regulatory assurance or a broad asset range.
- Expanding their offerings with more in-depth courses, interactive webinars, and personalized learning paths could enhance the overall educational experience.
- This will help Tradersunion.com to continue to provide our services to you for free.
- However, clients might need to pay third-party charges depending on their payment method.
- The trading and non-trading commissions of broker Worldtradex have been analyzed and rated as Medium with a fees score of 6/10.
Customer Support Test
Before deciding to trade, it is essential to understand the risks involved fully. Ensure you are aware of your risk tolerance and seek independent financial advice if necessary. Past performance is not indicative of future results, and no trading strategy can guarantee returns. To withdraw money from Worldtradex, log in to your account, select the withdrawal option, choose your preferred method, enter the amount, and confirm the request. Yes, Worldtradex is regulated by the Seychelles Financial Services Authority (FSA) under license number SD035. This regulation ensures that Worldtradex adheres to strict guidelines, providing a transparent and secure trading experience.
The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself before or alongside your live CFD account. Worldtradex offers three retail trading accounts with a minimum deposit of $50. Worldtradex provides over 320 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, and futures contracts. The selection is wide and diverse, though there are no low-risk securities such as ETFs.
However, no services purchased by our partners shall affect the recommendations on 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.
After 12 calendar months of account inactivity, the broker charges a yearly inactivity fee of $50. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy https://worldtradex.online/ position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
Spread fees
Traders who need more stability during trading can choose the fixed spread account because fixed spreads help to reduce their trading costs. Worldtradex received a score of 6/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors. Worldtradex caught my attention with its bonus program — I managed to activate the 100% Supercharger Bonus, which effectively doubled my starting deposit. There are also a 20% Welcome Bonus and a 40% Takeoff Bonus available.
T4Markets Swaps
- Worldtradex is committed to safeguarding client funds and ensuring a secure trading environment.
- Yes, the broker provides a Trade Copier platform where traders can follow professionals or act as signal providers, earning up to 40% performance fees.
- Worldtradex offers Islamic accounts for swap-free trading under Shariah law.
- Yes, Worldtradex is regulated by the Seychelles Financial Services Authority (FSA) under license number SD035.
- The broker provides trading services exclusively through MetaTrader 4.
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. This no-fee deposit policy is particularly beneficial for traders who make frequent deposits, ensuring that the full amount of your funds is available for trading.
My tests revealed that Worldtradex charges relatively high spreads on most instruments. Additionally, it lacks a raw spread account and does not offer phone customer support. Established in 2021 and based in Seychelles, Worldtradex is a financial derivatives broker that offers over 320 tradable instruments, including an exhaustive range of 85 currency pairs.
Making a deposit via bank transfer
The platform supports 300 assets in total, including 40 Forex pairs. As we discovered, Worldtradex does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker. Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience. By considering the needs of both Worldtradex forex broker novice and professional traders, we deliver well-rounded evaluations that highlight both the strengths and areas for improvement for each broker.
Worldtradex accepts bank transfers, credit/debit cards, Skrill, Neteller, and cryptocurrencies for both deposits and withdrawals. Worldtradex broker offers a variety of payment methods to meet different demands. From E-wallets to cryptocurrencies, you can choose whatever suits you. The broker supports MetaTrader 4 and has developed the TradeCopier service for copy trading. I appreciated Worldtradex’s investment in comprehensive educational materials and high-quality market research.
The minimum deposit is $10, and no internal deposit or withdrawal fees are charged, though third-party fees may apply. Clients can benefit from bonuses of up to 100%, with promotional caps ranging from $2,000 to $4,000, depending on the offer. The Worldtradex registration process ensures secure onboarding with full customization over account type, leverage, and base currency, ideal for both beginners and experienced forex traders. This Forex broker brings a lot to the table, catering to traders of all stripes. Whether you’re into forex, metals, futures, commodities, shares, or indices, Worldtradex has got you covered. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage.
Reviews
Worldtradex operates as a Straight-Through Processing (STP) broker without a dealing desk. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the best possible price. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. Worldtradex provides a blend of market research developed in-house and incorporated from third-party providers.
Desktop Trading Platform
The Trading Central package includes featured trading ideas, an intuitive economic calendar, and a sophisticated market sentiment gauge. Worldtradex supports the MetaTrader 4 (MT4) platform, which is available across desktop, web, and mobile devices. No, Worldtradex does not accept clients from the United States due to regulatory restrictions. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.Please click below if you wish to continue to Worldtradex anyway. You will be redirected to the Skrill payment page where you will be required to log into your Skrill account to complete the payment.
Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. Yes, the broker provides a Trade Copier platform where traders can follow professionals or act as signal providers, earning up to 40% performance fees.
The broker implements advanced security measures, including encryption technology and segregated client funds, to protect traders’ assets and personal information. Opening an account with Worldtradex is a straightforward and efficient process designed to get traders up and running quickly. The broker has streamlined the registration procedure, ensuring that clients can begin trading with minimal delay while still adhering to necessary regulatory requirements.
Worldtradex, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices. Worldtradex stands out in the competitive world of online trading for several compelling reasons. First and foremost, its commitment to providing a secure and regulated trading environment ensures that your investments are protected under strict regulatory oversight. This broker is ideal for traders seeking a wide variety of trading instruments, as Worldtradex offers over 300 assets, including forex, commodities, indices, shares, and cryptocurrencies.