At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. worldtradex is a prominent global online trading platform that has been in operation since 2011. With over 42 million accounts across 180 countries, worldtradex provides commission-free access to a wide variety of financial markets. The platform boasts an impressive range of Worldtradex forex broker 277 trading instruments, including CFDs on stocks, forex currency pairs, precious metals, energies, indices, and cryptocurrencies. worldtradex offers 24/7 customer support through live chat, email, and phone, ensuring traders can receive assistance whenever needed.
The company is involved in acomprehensive network of charitable and humanitarian initiatives, including theimprovement of educational infrastructure and short-notice relief projectssupporting local communities. Treasury Secretary, hinted at de-escalating U.S.-China tradetensions, it is clear that investors should still get used to living in aperiod of heightened volatility and uncertainty. CopyTrading software from the broker introduces an innovative way for Indonesian traders to replicate signals from other traders. Furthermore, MT5 allows traders to create unlimited charts and test multiple currency pairings simultaneously, facilitating efficient portfolio management. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon.
This makes worldtradexTrader an excellent choice for those looking to learn the ropes of online trading in a user-friendly environment. The worldtradexTrader account is designed for beginners, offering 80 trading instruments, including 35 currency pairs, gold, silver, and other assets. In contrast, the MetaTrader 5 account is more suited for advanced traders, providing access to 277 instruments, including 150 stocks and 26 intraday assets. worldtradex offers fast and fee-free withdrawals through a range of methods, including bank transfers and e-wallets.
Spreads across different account types are similar, with worldtradexTrader accounts offering slightly lower spreads for Forex. The user-friendly interface of worldtradexFX simplifies the trading process, making it accessible and enjoyable for both beginners and experienced traders. Impressed by worldtradexFX’s commitment to providing a reliable platform and comprehensive market insights. Their customer service is top-notch, adding to their professional approach. worldtradexFX offers reliable trading services with a seamless platform and excellent market analysis.
The Trading App combines various account management tasks into an easy-to-use interface. worldtradex recommends submitting personal ID scans and addresses proof for account verification. When processing credit and debit cards, worldtradex employs 3D secure technology, which improves the transparency and security of Visa transactions. The broker is not currently regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI/CoFTRA). No, worldtradex does not accept clients from the United States due to regulatory restrictions.
This initiative allows traders to accumulate points based on their trading activities. These points allow traders to advance their account status and unlock various advantageous perks. Through the “Trade and Win Giveaway” promotion, the broker appreciates the dedication of Indonesian traders. Traders meeting certain trading volume requirements can enter a random drawing. You can decide which trading account to fund depending on your trading strategy and personal preferences. The broker provides a variety of account options to accommodate various trading styles.
worldtradex FX Charting and Tools
During our testing, we confirmed that no swap fees are charged for maintaining open positions not only overnight but also during the weekend for several days. With this knowledge, we created our platform to help you make money through smart and well-controlled investments. We are so thrilled to hear you have gained confidence you require on worldtradexFX platform. Thank you so much for taking the time to give worldtradexFX such a good review. Whether you’re new to trading or a seasoned pro, worldtradexVision helps you identify your trading patterns, pinpoint areas for improvement, and optimize your strategies for more consistent, profitable outcomes.
Deposit and Withdrawal Options
The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders. It’s possible to access the worldtradex services while on the move by using the worldtradexTrader app, MetaTrader app or through internet browsers. The worldtradexTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps.
What is the maximum leverage available when using the deposit bonus?
worldtradex does not charge for most deposits and withdrawals, although third-party providers may impose fees. worldtradex offers MetaTrader 4, MetaTrader 5, and cTrader, as well as mobile apps for traders who prefer to manage their trades on the go. Single app and web service, integrated intothe worldtradex ecosystem, that lets you earn like an experienced trader without anyspecific knowledge. You simply start following some pro trader you’ve picked,and worldtradex CopyTrading app automatically copies their trades. As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the worldtradex broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly.
The competition recognizes and rewards outstanding traders with cash prizes. The ability to withdraw or trade these rewards promotes skill development within a secure framework. Navigate to the dashboard menu within your Personal Area and select “Deposit.” This will allow you to fund your preferred trading account. After logging in, you will be presented with various trading-specific options. Yes, you can register an MT4 or MT5 live trading account and then request that it be converted to an Islamic account. worldtradex uses highly secure technology to safeguard personal information and financial transactions.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. worldtradex offers a range of trading opportunitites mostly targeted on Contracts for Difference (CFDs) among several asset classes, however there is no classsic Investment Plans or Opportunitites provided by worldtradexFX. worldtradex minimum deposit is $25 allowing you to open an account and start trading.
- worldtradex offers attractive pricing, with clear and understandable fees.
- worldtradex requires a minimum deposit of only $25, lowering the entry barrier for many traders.
- worldtradexFX offers excellent trading services with a platform that is not only easy to use but also rich in features.
Broker Comparison for Range of Markets
worldtradexFX delivers exceptional trading services with a user-friendly interface and detailed market analysis. worldtradexFX excels in delivering exceptional trading services with a user-friendly interface that simplifies the trading process. Their platform is user-friendly and their market insights are invaluable. worldtradexFX provides excellent trading services with a straightforward platform.
- To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types.
- Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment.
- Clients can choose from multiple methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller.
- worldtradex offers a broad range of forex pairs, including major, minor, and exotic currency pairs.
- The Islamic Account distinguishes itself by not charging additional fees for overnight fees.
Founded in 2011, its products are available through worldtradexFX.com and worldtradexFX.eu. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. worldtradex has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence.
worldtradex is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. Even a quick glance establishes why the firm is so willing to share. The Copy Trader account area requires separate funding and comes with its own dedicated app.
However, the minimum deposit amount may vary depending on your region and the payment method you choose. The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders. Fee table see below, also always consider other than trading fees like funding fees and inactivity.
Both MetaTrader MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. Read our full explanation and accounting of our research and testing process to learn more about how we test. Use our country selector tool to view available brokers in your country.
