We do not present any investment advice or guarantees for the accuracy and reliability of the information. This company has this telegram channel that scam people for money. Customer Support in worldtradex is ranked 4.7 out of 5 based on our testing. Support is knowledgeable, fast answers are received on Live Chat, also quite easy to reach.

Broker Types

Dealing desk brokers can manage the risk of their clients’ trades in two ways. They can keep it in-house (and therefore effectively take the other side of the trade to the client), or they can push the risk out to liquidity providers. There is no way of knowing how much risk a dealing desk broker such as worldtradex would take on. There is no way of knowing how often, if at all, worldtradex trades against its clients. Looking at the traded instruments, it is a mixed offering from worldtradex. On the plus side, we think they have an excellent selection of stocks CFDs, in addition to a decent selection of forex pairs.

Platform Selection Limited

• The history of growth and stability over the 11 years of trading gives us confidence in worldtradex.
• I found a new asset for me here at worldtradex, didn’t think of trading it before I’ve seen the conditions.
• Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs.
• Withdrawals are only possible after the verification process has been completed.
• Visiting this room helps clients actually use time frame techniques, charting techniques, indicators, and more.

For this reason, there are better brokers to consider but if you wish to scalp trade with worldtradex, your best account would be worldtradex Ultra Low Account. Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs. worldtradex offers a diverse range of over 1,250 CFD trading products, including forex, shares, indices, and commodities.

worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. It is through this simple interface and transparent approach that easyMarkets offers a great mobile experience. worldtradex Group is considered one of the market brokers with the most extensive experience and in-depth knowledge of the global financial market. Tickmill MetaTrader4 is a solid trading application replete with several advanced charting techniques, various financial assets, and the ability to trade on the go. On the other hand, possible disadvantages include higher spreads than a few of its rivals and insufficient customer support. As per the evaluation of the Plus500 App, it boasts an easy-to-navigate interface, many financial instruments, and advanced trading features.

worldtradex makes money through spreads on trades and potentially through other fees such as overnight financing charges. The holder solely does account funding; third-party payments are not accepted. For electronic payment systems, the minimum deposit amount is 5 US dollars. Here is a table of average spreads and swaps for major currency pairs on worldtradex’s Standard account.

How Is worldtradex Regulated?

We like the zero fees that you get on deposits and withdrawals (except for wires below $200). Inactivity charges are low on the monthly rate but kick in after only a short time. worldtradex offers guaranteed negative balance protection across all accounts, ensuring traders don’t owe more than their account balance. This protection includes a 50% margin call and a 20% stop-out level to manage potential losses. In cases of slippage leading to a negative balance, worldtradex resets the account to $0, preventing debt accumulation.

All BrokerNotes content is researched, fact-checked, and edited by the research team. Trading Leveraged Products like Forex and Derivatives might not be suitable for all investors as they carry a high degree of risk to your capital. Their staff can assist clients in multiple languages, reflecting worldtradex’s global reach and client base. worldtradex’s Loyalty Program allows traders to earn worldtradex Points (worldtradexP) for every lot traded.

These licenses testify to the company’s strict compliance with international standards and regulatory requirements. The primary disadvantage at Pepperstone is that the regulatory jurisdiction determines the competitiveness of trading conditions. When we perform a comprehensive review, we like to acknowledge that choosing a broker isn’t a one-size-fits-all process. However, there are reasons they might not be the ideal fit for your trading goals.

Whether you’re a casual trader or a strategy-focused pro, you can choose from Standard, Raw Spread, or cTrader Raw Spread accounts—each tailored to your trading preferences. worldtradex has you covered with free live webinars, daily market updates, and expert analysis tools to sharpen your skills. Choose from Micro, Standard, or worldtradex Zero accounts, each designed to suit different trading styles and experience levels.

With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. worldtradex Group charges an inactivity fee and has an average spread of 1.6 for the EUR/USD pair, which is higher than the industry average. However, with no minimum deposit required and solid ratings for commissions and fees, it remains an average choice for investors. The “worldtradex mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula.

We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. worldtradex stands out with its thematic indices, such as the Artificial Intelligence Gians US Index, Crypto 10 Index, and Worldtradex review Electric Vehicles UST Index. These products allow traders to diversify their market exposure by cornering different industries.

worldtradex Group offers 7 versions of the MT4 trading platform and MT5

• In addition to other educational resources, worldtradex offers extensive information to guide the use of MT4 and MT5.
• The overall average was also the highest of all the brokers we compared primarily due to USD/SGD rate which I verified twice as it was so high.
• There are eight videos, covering topics such as an intro to financial markets and trading essentials for Primary levels.

For traders looking for diversity in their investment methods, worldtradex’s wide range of tradable assets makes it a strong option overall. While worldtradex provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded.

The processing time for a withdrawal request is one business day, which is the standard. However, it should be noted that cryptocurrencies are not included in the list of available methods, which may limit options for some traders. Copy trading at worldtradex provides a unique opportunity for even novice traders to trade like professionals. This innovative approach allows copying the trades of experienced traders directly on your account. With a minimum deposit of $10,000 and no leverage, it’s suitable for those looking for stable and long-term stock investments, with the possibility of hedging and specific spread conditions. worldtradex Broker offers two trading platforms – MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Margin refers to the amount that must be deposited to open a position. For forex, gold, and silver, new positions can be opened if the margin requirement is less than or equal to the free margin (available funds) in the account. One of the important characteristics of worldtradex is the company’s strive to remain human and connect with clients. This is why management has visited more than 120 cities worldwide to meet with clients as well as partners. worldtradex feels that human interactions have a high value and always aims to deliver those interactions. You can view all of the relevant legal documents for worldtradex on the Legal Documents page of the website.