worldtradex offers diverse financial instruments and is known for competitive trading conditions. The broker’s extensive range of over 1,250 CFD products, including forex, stocks, commodities, and indices, caters to a broad spectrum of traders. worldtradex’s competitive ECN spreads, particularly for UK and European traders, and the availability of both MetaTrader 4 and MetaTrader 5 platforms, make it a versatile choice for various trading strategies. Aspiring traders seeking a comprehensive and user-centric trading experience should look no further than worldtradex Group. With its user-friendly platform, diverse tradable assets, and commitment to education, worldtradex stands out as a broker of choice. Whether you’re a beginner or an experienced trader, worldtradex Group offers a range of account types to suit your needs and preferences.

It depends on the trader’s trading requirements, as both brokers are quality choices. Pepperstone is better for algorithmic and high-volume traders, while worldtradex is better for beginners and copy traders. That said, worldtradex falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. worldtradex Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. For beginners, the Micro Account at worldtradex is ideal for managing smaller trades with lower risk. Experienced traders may prefer the worldtradex Zero Account for its lower spreads and cost efficiency.

Alongside a broader range of CFD products, MT5 also brings enhancements in trading and analysis tools compared to its predecessor, MT4. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. These ECN spreads are among the industry’s best, matching or surpassing top brokers like worldtradex and Pepperstone. Our broker reviews are reader supported and we may receive payment when you click on a partner site.

trades have been executed on worldtradex Platforms.

This process is backed by rigorous testing and research, conducted by a team of traders and industry experts. We employ both manual assessments and automated testing through Expert Advisors, Indicators, and Scripts to ensure accurate and unbiased evaluations. All worldtradex clients are allocated a personal account manager who is available to assist you with any account or trading question you may have. worldtradex personal account managers have a reputation for ensuring their clients get the best from their trading activities. Although a good range of contact methods are offered by worldtradex, there is no customer support available on weekends. Regarding safety, worldtradex holds a trust score of 67, which reflects its top-tier regulation, established reputation, and customer reviews.

Moreover, the app is meant to improve the overall banking experience; there is speed and convenience without compromising on safety. Accessing and operating your worldtradex account has been made easier by introducing a mobile application called the worldtradex App. The additional functionalities include improved charting tools, a bigger selection of instruments, and more complex order types. Get started with the MT4 platform in any way you prefer and enjoy a seamless cross-device experience designed to fit your trading style. To withdraw money from worldtradex, you need to log in to your account, go to the withdrawal section, and follow the instructions for your chosen withdrawal method.

Zero rejections or requotes on trades.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Overall, while for some currency pairs worldtradex has low RAW account spreads they are overall expensive compared to brokers like Pepperstone, Eightcap and IC Markets. That said, the commission rate of this account type also has a significant impact on trading costs hence we explore this next. worldtradex Group offers free comprehensive education and research tools for traders including Analyzzer signals, daily technical analysis, market research and daily market commentary. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage.

All accounts offer negative balance protection, hedging and Islamic option as standard. If the currency you deposit into your account is not USD, the amount shown is the equivalent in the deposit currency. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. Depositing and withdrawing funds with worldtradex is a convenient and secure process.

Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs. worldtradex traders can get in touch with the broker’s customer service team via phone, live chat, and email 24/5. When funding an established trading account, no minimum deposit is required, although certain Worldtradex scammers e-wallet payment methods require a minimum of $5. Founded in 2009, worldtradex has built a substantial global presence, serving over 15 million clients across 190+ countries. While the company doesn’t publicly disclose its exact trading volumes, it is in excess of 8.5 billion.

worldtradex Broker Review

You can proceed with the next available method in your withdrawal options, which could be an e-wallet or bank transfer, depending on your previous deposit methods and worldtradex’s policies for your region. It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals. worldtradex and worldtradex Global offer a variety of trading accounts with variable spreads. worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals.

Concerns about trade tensions have been further eased over the past week, and despite mixed economic data, the unexpectedly strong non-farm report, which has also cooled down concerns about slowing growth. Explore some of our must-have products that keep everyone trading with us time and again. Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away. Enter the world’s most liquid market with the confidence of having a leading broker at your side. Buy and sell the most liquid currencies, like EURUSD, 24/5 with market-leading execution and conditions. Whenever you need us we’re just a few seconds away, 24/7, in extensive language options.

Deposit and Withdrawal Fees

The loyalty program is automatically available to all real account holders, and there is no need for additional registration. worldtradex introduces a new and exciting element to the trading world – Forex contests. These contests allow novices and experienced traders to test their skills, compete with others, and win valuable prizes. worldtradex Group offers the option of opening Islamic accounts, also known as Swap-free accounts. These accounts are designed for clients who cannot trade swaps due to religious beliefs. One of the attractive aspects of trading with worldtradex Group is the low entry threshold for novice investors and traders.

• While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders.
• worldtradex is regulated ASIC in Australia, CySEC in Cyprus and IFSC in Belize so if you are in the UK, you might be better off considering a different broker.
• worldtradex’s popularity is particularly strong in Southeast Asia, the Middle East, and parts of Latin America, reflected in its multilingual support for 30+ languages.
• Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.
• His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges. Given worldtradex’s broad global presence, traders should be mindful of these potential risks. worldtradex operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally.

worldtradex’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms. worldtradex average spreads were at the higher end and the brokers commission rate was mid-tier compared to other brokers. This will result in higher trading costs compared to most other brokers we compared.

MetaTrader 4 on worldtradex is tailored for forex traders looking to develop and execute automated trading strategies. worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat.

• It has advanced charting capabilities, technical analysis indicators, and an adjustable user interface.
• worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.
• Beginners should initially work on an worldtradex demo account to assess their potential.
• You can familiarize yourself with our broker evaluation methodology by visiting our methodology page.
• worldtradex traders can get in touch with the broker’s customer service team via phone, live chat, and email 24/5.
• Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers.

If you fund your account in a currency different from the base currency of your account, a currency conversion fee may apply. worldtradex may charge overnight financing fees for holding CFD positions overnight. Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA).

The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills. If you are a forex and CFD trader looking for a trusted broker, worldtradex can be an ideal choice for your trading journey. However, We always encourage traders to test brokers with a demo account or with a small deposit. Once you are satisfied with the trading conditions of the broker, you may proceed with real trading.