Both platforms are available for Windows, Mac, iOS, Android, and WebTrader, providing flexibility for traders to access their accounts anywhere. worldtradex offers a variety of exciting promotions and bonuses to enhance the trading experience. The Financial Commission is an independent mediator ensuring transparency in financial services and offers compensation of up to €20,000 per trade claim. The broker is also a certified member of The Financial Commission, which provides up to €20,000 in compensation per trade claim. Cryptocurrencies became very popular lately and worldtradex provides their traders with a number of cryptos to trade.
Additionally, this broker has many educational resources for skill development. In addition to a range of tradable instruments, worldtradex also offers several different account Worldtradex forex brokers reviews types to choose from. These are designed to suit different trading needs, styles, and preferences. There is also a Demo account which allows new users to practice without risking real money, along with an Islamic account.
In addition to the desktop version of the MT4 platform, worldtradex also provided MT4 WebTrader clients. Thanks to WebTrader there is no requirement to download or install any software. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. It’s a good idea to start with a demo account if you’re not used to trading. The first step is to carefully assess all account types and choose the one that suits best. The worldtradex website is very user friendly, so the signing up process isn’t overly complicated.
Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. worldtradex accepts traders from a wide range of countries across the globe, offering its services to a diverse international client base. However, certain regions may face restrictions due to regulatory requirements or local laws.
Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. It is great to see the broker supports Muslim traders with Islamic accounts that comply with Sharia law also available upon request.
- worldtradex offer clients access to over 100 trading robots along with their overview and demonstration of their effectiveness.
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- Below, we will discuss these fees in more detail, helping traders understand how they might impact overall profitability.
- Alternatively, you can have a spread mark-up but pay no commission fee on top.
- Clients who qualify can apply for a VPS service in their worldtradex personal area under the “Services” section.
Does worldtradex Offer Any Bonuses Or Promotions?
This decision alone can significantly define your trading experience and impact your overall profitability in the trading space. This is why this worldtradex review is very essential, as it guides and equips you with valuable insights into this broker, helping you determine if it’s right for your trading needs. worldtradex customer support is available from Monday to Friday, 24 hours day. It is good to see they have responded to both good and bad feedback online. I am always impressed when a broker takes the time out to address any concerns although of course, it would be even better if there weren’t such concerns in the first place.
Comparing worldtradex fees with other brokers
Withdrawal fees depend on the payment processor, and worldtradex processes all requests within 24 hours. Minimum withdrawal amounts vary based on the payment processors, but all are low. There are no maximums, except for credit/debit cards at $3,000 daily. Deposit and withdrawal currencies are US Dollars and Euros, plus all supported cryptocurrencies. Per AML rules, the name on the payment processor and worldtradex account must match. worldtradex offers educational content on its blog, with quality written articles.
- The Standard account offers floating spreads starting from 1.3 pips with no commissions.
- New traders will be pleased to find lots of educational materials to help them learn more about the markets whilst there are free demo accounts to put what you have learned into action.
- This ease of use can help traders focus on strategy rather than getting bogged down by complicated software.
- Standard account holders also benefit from competitive fixed spreads, ensuring that even beginners can trade cost-effectively.
- It is an ideal choice for multilingual, international traders thanks to its multiple language support.
Extra Features & Resources
There are three trading platforms provided for traders, namely MetaTrader 4 (MT4), MetaTrader 5 (MT5), and worldtradex proprietary mobile trading app for both Android and iOS devices. MT4 and MT5 are two of the most popular professional platforms among traders the world over. They offer advanced features to analyze charts with various tools to choose from. Expert Advisors or EAs are allowed on both platforms, and worldtradex are even providing their own trading EAs for traders wanting to use trading robots. This is actually very impressive as there are numerous robots provided. The only requirement is the minimum deposit needed to download the robot from the website.
Start with Our Recommended Broker
You can customise the layout to your preferences and conduct market analysis using lots of built-in indicators. I think the platform is ideal for anyone who is looking to trade online with relative ease. worldtradex primarily provides brokerage services in the CIS countries, Asia and Europe. They are focused on offering high-quality services and comprehensive support to their clients and partners.
If you decide to open an account with worldtradex, we will provide all the necessary steps in detail below. The process is very simple and intuitive, just a few personal details will be sufficient to get you started. worldtradex offers limited educational materials, which include a Blog and an FAQ (Frequently Asked Questions) section.
Additionally, the GOLD status program offers exclusive benefits like trading cost compensation, priority withdrawals, a free VPS server, and access to premium analytics. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Whether using bank cards, cryptocurrencies, or e-wallets, worldtradex ensures a smooth experience for its clients.
worldtradex keeps non-trading fees to a minimum, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits, allowing traders to maintain and fund their accounts without worrying about hidden costs. The only fees traders need to consider are the fixed spreads mentioned earlier. However, potential withdrawal fees may apply depending on the withdrawal method chosen, which will be detailed in a separate section. worldtradex prioritizes transparency, and all applicable fees are clearly outlined on their website, ensuring traders are fully informed about any costs before making transactions.
worldtradex review – a broker with 1:3000 leverage
Terms and conditions apply, and I recommend traders read and understand them before requesting any bonus or promotion. Besides research from Autochartist, worldtradex publishes quality in-house research with actionable trading recommendations. It also maintains a Telegram signal service and explains its trades well. I rate the well-structured worldtradex research section among the best in the industry in quality and quantity. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based ECN account.
worldtradex explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise. The proprietary copy trading service, which requires a minimum deposit of $100, presents a quality alternative to the embedded MT4/MT5 copy trading services. worldtradex also has a VIP program, upgrading the worldtradex trading experience significantly via up to 30% reduction in trading fees and increased cashback. worldtradex offers a diverse range of trading instruments, allowing clients to access some of the most popular and highly traded markets. Traders can engage in Forex, Metals, Cryptocurrencies, Bonds, Commodities, Indices, and Stocks.
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