Dear Ravi Kumar,We appreciate your kind words and are glad to hear that you find deposits and withdrawals easy and our trading platform user-friendly. We encourage you to explore these resources for an even better experience.If you ever have any questions or need assistance, feel free to reach out via live chat or email at We’re always here to help! worldtradexFX is a global forex and CFD broker that has garnered attention for its accessibility, comprehensive trading tools, and reliable customer service. Whether you’re a beginner trader or an experienced one, worldtradexFX offers a range of options tailored to meet your needs. This review will dive into the key features, regulations, trading instruments, platforms, mobile app, account types, commissions, customer support, education, reputation, and bonuses. By the end, you will have a clearer understanding of whether worldtradexFX is a suitable choice for your trading journey.
This might not be a problem for new traders, but being able to deal in coffee, sugar and the rest is sometimes what traders are looking for. We are going to take a look at this broker in detail to see what features and services are on offer, how good they are, and if you should consider them as a broker, you would want to use. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
- We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
- worldtradex is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA).
- worldtradex Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union.
- We’ll also cover the account types, spreads, minimum deposit, and leverage offered by the broker.
- This assessment delivers a transparent evaluation of worldtradex’s trading conditions, tools, support, regulatory standing, and overall suitability for traders.
Is the worldtradexFX trading platform user-friendly?
With 24/7 availability, multilingual support, and comprehensive resources, worldtradexFX ensures traders receive the guidance and help they need at any time. To change the leverage on worldtradexFx, users first have to login to their trading account. Set a new leverage by clicking https://worldtradex.world/ on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. The broker claims to process withdrawals by cryptocurrency immediately but withdrawals with bank payment could take 1-3 hours depending on the processing bank. You can access the broker’s copy trading service by downloading the copytrading app.
Minimum deposit
Yes, worldtradexFX offers Islamic trading accounts, making them available to Muslim traders. The virtual private server (VPS) is meticulously configured to support MetaTrader 4 (MT4), one of the most reputable trading platforms in the forex community. worldtradexFX provides a specialized VPS (Virtual Private Server) service for UAE forex traders. This value-added feature enables traders to run their automated trading strategies 24 hours a day, seven days a week, without relying on the availability of their devices.
worldtradexFX Response Time
The worldtradexFX ecosystem includes the specialized CopyTrade app and mobile versions of MT4 and MT5. This app goes beyond traditional social trading by utilizing an AI-based recommendation system that matches traders with Masters based on their trading style and risk profile. Aside from the expected advanced order types, MT5 includes a built-in economic calendar within the trading interface. This feature is often overlooked but is extremely valuable for Emirati traders who want to incorporate fundamental analysis into their strategies. The demo account comes with generous virtual capital and is an invaluable tool for novice and experienced traders seeking mastery of advanced techniques relevant to the industry.
worldtradex Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, worldtradexFX is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified.
This initiative boosts trader motivation and offers tangible incentives along their journey toward prosperity. worldtradex has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. worldtradex does have a proprietary mobile app for trading, as well as for social copy trading (the worldtradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. This is the best broker I’ve ever seen.The fastest withdrawals, you know my withdraw took less than 30 seconds!!!
Low Spread Forex Brokers 2024
If your account balance goes negative, for example, due to significant economical events, your account balance will reset to zero automatically. Each of the countries you see here has the support to join the broker worldtradexFX. This company is a very large trading platform, so you can safely place your deposits or assets here. Although variable spreads are offered in these trade markets, a higher spread may be transmitted depending on the number of customers.
The amount experienced a slight deduction due to conversion fees, but no additional charges were applied. After selecting this option, we entered the amount, wallet address, and a security PIN (sent via email during the account setup with worldtradex). The request was completed in under a minute and did not require sending an email or notifying customer service. To withdraw the bonus, the client must trade a number of lots equal to half of the bonus amount. For example, if the bonus totals USD 400, the client must trade 200 lots to be able to withdraw it.
People who write reviews have ownership Worldtradex to edit or delete them at any time, and they’ll be displayed as long as an account is active. We do it by giving you a powerful, open-to-all review platform where you can share and discover experiences, and connect with businesses to help them improve. I just logged in and deposited but don’t know how to go about the trading. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. It allows clients to learn and try multiple risk management strategies without any deposit. The worldtradexFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. However, clients can choose their preferred virtual balance of the account in order to dictate the pace of their learning process themselves.
- For further inquiries on a copy trading feature or two, worldtradex offers client assistance in the form of 24/7 live chat.
- It’s important to note that minimum deposits and trading costs will also depend on which worldtradex entity you choose for establishing your trading account.
- MT 5 is the world’s number one multi-asset platform provider of futures, forex, CFD, and exchange-traded instrument trading.
- Most clients with high volume accounts have an adverse opinion about the company.
We’re glad to hear that you enjoy our mobile app and find it easy to set SL and TP while trading. It’s also great to know that your withdrawal was processed instantly! We continuously strive to enhance our platform for the best user experience. Don’t forget to check out our Invite a Friend program, where you can earn commissions when your friends start trading with worldtradex.For the latest news and promotions, follow us on social media. If you need any assistance, feel free to reach out via live chat or email at We’re always happy to help! The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive.
You may know that there is no guarantee of making money in online FX trading. So we think it is very important to move towards the trading platform with your prudence, practical humanity, and knowledge. To be successful in online trading you need to go through many steps like practice, time, patience, and much more.
They provide the usual assets such as forex, stocks, commodities, indices, and cryptocurrency. Clients are able to trade multiple assets that include forex, stocks, crypto, indices, and commodities in the form of CFDs. The platforms that clients can use to trade include MT4 and MT 5, along with worldtradex’s proprietary web terminal and mobile app, worldtradexTrader. worldtradexFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough.
In this review, the FXStreet team presents an independent and comprehensive analysis of worldtradex, grounded in direct testing and real user experiences. As a leading financial media outlet, our editorial content is driven by rigorous research and data-driven insights, all free from external influence. This assessment delivers a transparent evaluation of worldtradex’s trading conditions, tools, support, regulatory standing, and overall suitability for traders. 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. Dear Omer Binance,We truly appreciate you taking the time to share your experience with us!
worldtradex operates in many various regions under different entities, and according to your region, you will sign up with that entity. They also offer multiple account types depending on your region, but the only difference between them is the ability to trade stocks and the number of lots you are able to trade. While they have not achieved such a high rating, worldtradex is a multi-regulated broker that has been in operation since 2011. They have almost 4,000 sterling reviews, and their various entities have won numerous awards over the years. Opening an account with worldtradex mimics the process of many other online brokers. The steps are pretty simple, and we will guide you through them, but for the most part, it’s pretty straightforward, so you should not be confused at any point.