worldtradex Review Updated YEAR : Broker Pros & Cons Reveale

It offers a large number of educational resources, and several platforms and an app. Another potential downside of worldtradex is its relative lack of educational resources. This is quite apparent compared to other brokers with more in the way of courses, tutorials, and ebooks on offer. Experienced brokers may not be too concerned about this, but it may affect beginners who want to develop trading skills. This platform offers partial order filling, community chat, and six types of pending orders.

• I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
• Safety starts with regulations and depending on how many regulators are overseeing the broker, we can determine how safe it is to hand our capital over to them.
• MT4 and MT5 are two of the most popular professional platforms among traders the world over.
• Both platforms are available for Windows, Mac, iOS, Android, and WebTrader, providing flexibility for traders to access their accounts anywhere.

Accessible through any browser, it provides a seamless trading experience regardless of the operating system you’re using. Whether on iOS, Android, or any other device, you can enjoy the full functionality of the platform. Even the ‘Pro’ version, with its advanced charting tools, market data, and real-time analysis, is available for mobile use, allowing you to trade anytime, anywhere. With the AMTrader Mobile Platform, you can stay connected to the markets and trade with ease, no matter where you are. worldtradex provides its proprietary advanced trading platform called AMTrader, designed to meet the needs of both beginner and professional traders.

These competitive spreads and commissions ensure that traders can select the account that aligns best with their trading strategy and goals. It is always important to verify your account before depositing funds. This step makes sure you have a verified account to be able to withdraw funds easily.

• With a wide range of account types, high leverage, and numerous educational resources, it caters to all levels of traders.
• You can withdraw from worldtradex through Bitcoin deposits, Bank Wire transfer, Credit cards and eWallets.
• They offer advanced features to analyze charts with various tools to choose from.
• Unfortunately, worldtradex manipulates leverage.The leverage of the MetaTrader 5 ECN account is at 3000.And they changed it to 200.
• There are many companies that provide broker services, but are they the best choice?
• This status gives access to increased cashback, bonus trading funds, priority withdrawals, free VPS, and reduced swaps up to 30%.

The worldtradex offer, which consisted of the continuous improvement of the product and service offer, has helped her win many awards over the years. This broker doesn’t accept residents of the EU, UK, Australia, and the US. This is quite limiting to many traders, so alternative options need to be considered. The app supports several different languages, alongside 24/7 customer support, lime and demo trading, and the ability to withdraw and deposit funds. When dealing with money, it’s vital to cover all bases and choose reputable companies.

Trading platforms of worldtradex

The availability of a web version and mobile device applications offers the convenience of trading anytime and anywhere. One of the standout features of worldtradex is its diverse selection of trading instruments. The broker provides access to forex pairs, commodities, indices, stocks, and cryptocurrencies. This variety also allows traders to diversify their investments and adapt to changing market conditions. Established in 2007, worldtradex is a forex CFD broker with its headquarters in the Comoros islands. The broker oprates under several regulatory oversights including the Mwali International Services Authority (MISA) and the Financial Supervisory Commission (FSC) of the Cook Islands.

Inactivity Fee

Demo accounts are also available which can be useful for new traders who wish to try out the different platforms available and practice their trading strategy using virtual funds. I found this to be a good way to get inspiration for some possible trade ideas that I may have otherwise overlooked. The broker has a quite basic trader calculator where you can choose an instrument, lot value, leverage and account currency. You will then be able to calculate the spread, cost of point, swap (short), swap (long) and margin. This can help to speed up the trade planning process which could prove to be useful if you are in a hurry or just not great with maths.

But since other support channels are working fine, this is just a minor inconvenience. Live chat, which is the most important support for any trader, is working well, and the personnel seem polite and knowledgeable, quickly answering questions on any topic asked. You can deposit money using Visa, Mastercard, Neteller, crypto, AdvCash, Perfect Money, Fasapay, and TopChange. All the methods have their pros and cons, but we won’t go into details. It allows scalping strategies and offers fast execution and low spreads. It is regulated by the Financial Commission (FinaCom) and offers client protection with compensation funds up to €20,000 per case.

Top Rated Online Best Forex Brokers 2025

In worldtradex, the minimum contributions for different types of accounts vary. worldtradex provides multiple payment methods for deposits and withdrawals, catering to a global clientele. Many modern brokers currently offer social trading features that allow traders to follow and copy the trades of successful investors, worldtradex does not currently provide this option. This can be a Worldtradex official site drawback for traders who are looking to leverage the expertise of others in the trading community.

Despite that, worldtradex certainly has one of, if not the, highest leverages in the forex world. This is one of the reasons many forex aficionados choose this broker. worldtradex supports credit/debit cards, cryptocurrencies, ADVcash, and Perfect Money as payment methods. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. worldtradex also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations.

worldtradex Bonuses & Promotions

Key instruments include EURUSD, XAUUSD, BTCUSD, Oil (WTI & Brent), and major stocks like Apple and Tesla. The app will require login before you can access any of its features. MetaTrader 4 and 5 can be used on all devices as well, offering both desktop and mobile apps. They offer the flexibility of using the same credentials for all devices, making it convenient to monitor your trading activities from anywhere.

CFDs are great instruments for this matter because they can be short-sold when markets are falling. With CFDs, traders can make money no matter what the market is doing and can do so without ever owning the underlying asset. All 433 stock CFDs are available for all accounts except the CRYPTO account, which mainly focuses on cryptos and Forex pairs. The spreads are dependent on the account type the trader is operating on.

Customer Support

worldtradex presents a secure and trustworthy trading environment, and I appreciate its transparency and client protection. Over the past 16 years, worldtradex became one of the most competitive Forex brokers. I highly recommend it to all traders, particularly algorithmic and high-volume traders. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

Here, worldtradex provides traders with an immense amount of informative content which has been very well organized. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We verify some of our data for quality control but there are slight variations occasionally. We are not liable for losses that resulting from the information provided on our site. worldtradex offers a seamless deposit and withdrawal process with 0% commission on all deposits, regardless of the payment method.

It is essential to consider these fees when calculating overall trading costs. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your trading account.

The MetaTrader platforms are already fully loaded with more tools than most of you will ever need. There are plenty of built-in technical indicators and drawing tools for creating complex trading strategy templates. That is not to mention the fact that you can get loads more from the MQL marketplace and even build your own in the MetaEditor interface. That being said, it is great to see worldtradex provide you with some handy tools to further enhance the online trading experience. worldtradex is well capitalized and their accounts are controlled and verified independently by Ernst & Young, a leading auditing company. The broker also operates under the best industry practices, such as keeping segregated accounts for the funds of its clients.

However, currently, the replies have become very robotic.There are also two major shortcomings in the IB accounts. First, the accounts expire after a while, even when some HB members remain active. Second, the names and details of IB members under the sub-network are not displayed, making it difficult for us to better monitor the performance of our members.

This includes pros, cons and an overall rating based on our findings. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.