worldtradex (formerly worldtradexFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts. worldtradex is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities. Dear Venkateswara Reddy Bijjam, Thank you for your response and for your continued patience. As clearly outlined in our Customer Agreement, deposits and withdrawals must strictly be conducted using payment accounts registered in the same name as the worldtradex trading account holder. Once this process is completed, you will be able to continue using your worldtradex account as usual.We fully understand that this may cause some inconvenience, and we sincerely appreciate your understanding.
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Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, worldtradex’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. worldtradex provides international trading and supports many regions. The account opening is easy to follow, trading conditions are good, along with the platform selection and a range of instruments offered. When it comes to account types and minimum deposits, worldtradexFX wins again in my opinion.
Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international worldtradex entity. When comparing worldtradexFX to FXTM and Exness, there are a few key factors I looked at to determine which broker might be best for beginner traders. While not a household name, I’m comfortable with the CySEC keeping a close eye on worldtradexFX. Their oversight helps ensure worldtradexFX operates responsibly as a licensed forex broker. One thing to note – worldtradexFX’s ECN account does charge a small $6/lot commission to offset the even lower institutional spreads they provide. And unlike holding coins in a wallet, my crypto CFD trades aren’t at risk from hacking, lost keys or forgotten passwords.
- With worldtradexFX, you always have control over your portfolio and the copied trades.
- Regardless of your preferred trading strategy, they have accounts for all styles of trader, with differing levels of investment and experience.
- Honestly, this broker gave me the good service to each and everything I’m doing.even if you are registering they are very quick.
- They give you options to suit different styles and levels of experience.
Regulation and Security Measures
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. This worldtradex review aims to give a clear view of the broker and its services. We hope, with these insights, anyone interested in worldtradex trading opportunities could decide whether to invest in them or not.
With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide. worldtradex is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account. worldtradex withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity. worldtradex also covers fees so you may access your moany at any time and receive it relatively quickly.
Spanning across the globe, worldtradex is subject to regulation by several authorities including the FSCA, MISA, and CySEC, reflecting the diverse regulatory landscape governing the activities conducted by worldtradex. Recognized as a reliable broker as worldtradex operates for many years, it is fit for most traders, especially International traders since worldtradexFX proposal internationally is much wider and better quality too. I mainly use their 24/7 live chat if I need assistance. There’s always a friendly agent ready to answer my questions, no matter what time of day it is! The chat box pops up instantly on their website – no waiting or hunting around to get help.
You can search for a profitable trader and invest in their trader one by one. It is also possible to diversify your portfolio by investing in more than one trader for better risk management. worldtradexFX offers a choice of two different account types, worldtradexFX MT4, and worldtradexFX MT5. In our opinion, worldtradexFX MT4 is perfect if you are new to only trading or more experienced and have a preference for minimalistic yet sophisticated trading tools. An worldtradexFX MT5 account is perfect if you are a more innovative trader.
Fee table see below, also always consider other than trading fees like funding fees and inactivity. Overall, worldtradex provides good flexibility in terms of conditions, platforms, and instruments it proposes. Therefore means its operation is aligned to the necessary protection level.
worldtradexFX Free forex signals
worldtradex ensures traders’ easy access to help by offering several lines of communication. Live chat is the https://worldtradex.club/ main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. Traders can email the support staff at for non-urgent questions.
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It also means that they do not use a dealing desk which can eliminate any conflict of interest between you and the broker. I would always prefer to use an ECN broker as I find they tend to have the lowest spreads and quickest execution speeds. Managing risk is of course a vital element for any forex trader and broker combination.
Let’s start with fees and commissions, because no one wants to get nickeled and dimed, especially when you’re just starting out. worldtradexFX offers spreads as https://worldtradex.pro/ low as 0.4 pips on major currency pairs. That’s lower than both FXTM and Exness typical spread offerings. worldtradexFX also doesn’t charge any commissions, while FXTM and Exness both charge a small commission fee per trade on top of spreads.
Market Analysis Tools
worldtradex’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. Dear Sanjay Kumar,Thank you so much for your kind words and support! We’re delighted to hear that our daily analysis and graphic patterns have been helpful to you. Providing valuable insights to enhance your trading experience is our top priority.We truly appreciate your recommendation and are grateful to have you as part of the worldtradex trading community.
Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), worldtradex’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Furthermore, your funds will always be held in segregated accounts with top-tier banks when you trade with worldtradexFX. This means that no matter the financial situation of the broker, your funds will always be safe. At worldtradex there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and worldtradex conditions better.
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