Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report worldtradex’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. With a minimum deposit of just $50 for most account types, the Absolute Zero account is highly recommended for traders seeking low-cost trading solutions. However, it’s crucial to keep in mind that the most overlooked fees in Forex trading are swap rates on leveraged overnight positions. These fees can accumulate over time, particularly for traders holding positions long-term. worldtradex offers a variety of commodities for trading, including precious metals, energy products, and agricultural goods.
worldtradex is an ideal choice for news traders because of its comprehensive market research offering. It consists of actionable trading signals, a robust market sentiment gauge, detailed market breakdowns, and more. worldtradex provides access to the widely popular MetaTrader 4 platform and offers free Virtual Private Server (VPS) hosting for low-latency trading.
This information helps traders stay ahead of the curve and make well-informed trading decisions. New traders at worldtradex can take advantage of a generous welcome bonus, which provides additional funds based on the initial deposit. This bonus is designed to give new clients a strong start in their trading journey by increasing their available capital. Specific details of the welcome bonus, including the percentage and maximum bonus amount, may vary, so traders should check the worldtradex website for the latest offers and terms. Additionally, researching what the MT4 platform offers in terms of features and tools will help in making an informed decision.
You will find a good variety of account types to accommodate all sorts of trading strategy, whilst all clients are handled equally. There is plenty of educational content for those of you who are new to trading and also free demo accounts to put what you have learned into practice. I think they could improve by adding support for additional platforms including MT5 but that’s not really a deal breaker from my perspective. Overall, I feel that worldtradex are a good choice for anyone looking to trade manually or use an automated trading solution. The broker’s advanced trading platforms, competitive spreads, and risk management tools ensure that traders can trade efficiently and confidently across multiple asset classes.
Is worldtradex regulated?
However, they do change over time and vary between countries, so check the current offers available when you sign up. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available.
This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. These account types are perfect for traders who don’t want to pay commission on thier trades. It offers beginner education Worldtradex forex broker videos and general education on forex and CFDs.
The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market. worldtradex lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders. An extensive website section is devoted to trader education, which makes worldtradex suitable for beginners. Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. worldtradex is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses.
Company Details
worldtradex offers an innovative copy trading solution through its TradeCopier platform. This allows traders to leverage the expertise of successful traders or share their own strategies with others. worldtradex provides traders with the MetaTrader 4 trading platform on various devices, including Android, iOS, Desktop, and Mac.
worldtradex offers a variety of account types to cater to different trading needs, including Standard, Premium, VIP, Zero Fixed Spread, and STP/ECN accounts. Each account type has specific features, such as varying spreads, commission structures, and leverage options. worldtradex continues to expand its global reach and offers services in many other countries, including Canada (with specific regulations) and select jurisdictions in the Caribbean. The broker remains committed to providing secure and accessible trading opportunities to clients in regions where forex and CFD trading is permitted.
What is worldtradex’s commission fee?
However, it can still do everything most professional traders would need it to. Traders in Australia and New Zealand can also access worldtradex’s trading services. The broker provides tailored solutions for the Oceania market, including competitive trading conditions and access to the MetaTrader platforms. worldtradex adheres to strict regulatory standards to ensure a safe and transparent trading experience for clients in this region.
- For traders looking to enter the rapidly growing world of digital currencies, worldtradex provides access to popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple.
- With respect to customer service, the broker provides decent contact options and support in 45 languages, which could be a plus.
- Besides, you can also choose between no commissions, zero spread and absolute zero accounts.
- When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
- With a minimum deposit of just $50 for most account types, the Absolute Zero account is highly recommended for traders seeking low-cost trading solutions.
- The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and worldtradex won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on.
This is a modern broker and some of the modern trading engines should be included, too. worldtradex offers 310 tradable instruments at varying costs and integrates the popular MetaTrader 4 platform, which can be enhanced with an add-on for advanced charting. The broker also provides copy trading solutions through its TradeCopier service and VPS hosting for low-latency trading. The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.
- People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- Essentially, the broker lends the trader money so that they can open bigger positions.
- The application also asks traders to select their account type, base currency, followed by the desired password for the back office.
- This bonus is designed to give new clients a strong start in their trading journey by increasing their available capital.
- Compare worldtradex with the top 3 similar brokers that accept traders from your location.
Customer Support Channels
As an experienced trader, you can now put your trading skills to use and teach others how to trade by following your trading techniques. I would say that if you are looking specifically for a copy trading platform, then eToro are the industry leaders when it comes to social trading platforms. The worldtradex MT4 platform provides quick order executions with no requotes and spreads as low as 0.0 pips. It supports the MetaTrader 4 platform but does not offer MetaTrader 5 or a proprietary trading platform other than its copy trading app, TradeCopier. worldtradex offers a loyalty program for active traders, where clients can earn points based on their trading volume.
The fee is higher even with worldtradex, but the execution is good, its working, and the leverage is 1k and is fully flexible. + Also all assets are there, no exclusions.IF you are the learning with them, they ALSO mostly talk in the materials about info related to live spreads! So both newbies and pros are actually in agreement that trading them is OK.Absolute zero is enticing on paper, but in the end not the best. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.
Traders should also consider potential third-party processing costs and currency conversion fees. Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the worldtradex account name. Some payment processors have geographic restrictions, but the worldtradex back office will only list the ones available to traders.
Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with worldtradex we would really like to know about your experience – please submit your own review. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD).
