It seems as though the scammed by Worldtradex broker adheres to the industry standards concerning its pricing structure. However, the company’s spreads are subject to change depending on your chosen financial instruments. While investors mostly prefer trading major currency pairs, minor and exotic forex pairs become equally favourite during volatile market conditions. The Ultra Low account offers the most favorable conditions with low spreads and no swaps on many currency pairs.
worldtradex Global also provides direct share trading in addition to the previously mentioned assets. worldtradex offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs. When it comes to trust and security, worldtradex has taken significant steps to establish itself as a regulated and secure broker. Nobody does more to provide you with what you need to maximise your trading potential. Explore some of our must-have products that keep everyone trading with us time and again.
- worldtradex may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days).
- Explore some of our must-have products that keep everyone trading with us time and again.
- The wide portfolio of instruments such as forex, commodities and stocks have been instrumental in enabling me to diversify my portfolio to the optimum level.
- With over 25 years of experience, Deriv has become a trusted name in global trading.
Account Types
worldtradex average spreads were at the higher end and the brokers commission rate was mid-tier compared to other brokers. This will result in higher trading costs compared to most other brokers we compared. The worldtradex Micro and Standard Accounts are commission-free account types with spreads starting from 1 pip. Whilst a decent choice for new traders we think advanced traders may find worldtradex lacking advanced trading tools and wish a RAW-style account was available. worldtradex is regulated ASIC in Australia, CySEC in Cyprus and IFSC in Belize so if you are in the UK, you might be better off considering a different broker. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
worldtradex alsooffers swap-free accounts for traders who follow Islamic finance principles,ensuring compliance with Sharia law. It turned out that they have 5 accounts to choose from and I don’t know why they don’t show this information on the official website. So it disappointed me a little bit, anyway, after reading all the terms and conditions, i picked the ultra low standard account.
The world of online trading has seen a surge in popularity, with a plethora of mobile apps offering a variety of features and functionalities. The app lets you trade Forex, commodities, and indices with some gorgeous features, such as dealCancellation, which permits users to reverse losing trades within a specified time frame. Even though it aims to provide a smooth trading platform, one should look at its fees and regulatory compliance level.
- He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
- It is also famous for efficient and friendly customer support, fast withdrawals of money, and a secure trading platform that fits mobile trading.
- The Kite app offers the same speed and features as the desktop version, so you can trade confidently wherever you are.
- worldtradex is a multiple award-winning broker that allows its clients to trade forex, CFDs, and real stocks on its MetaTrader platforms.
Open Your Account
He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. Yes, worldtradex provides VPS (Virtual Private Server) services for its clients, which can help improve trading performance and connectivity. worldtradex’s educational content is extensive and varied, providing all the necessary tools for successful trading in the financial markets. All versions of the trading platforms can be downloaded from the worldtradex website. The holder solely does account funding; third-party payments are not accepted. For electronic payment systems, the minimum deposit amount is 5 US dollars.
Currencies accepted for deposits/withdrawals
Withdrawals via bank wire, credit, or debit card usually take 2-5 business days. worldtradex offers several risk management tools,including negative balance protection, stop-loss orders, and take-profitorders. These tools help traders manage their risk exposure and protect theirpositions during volatile market conditions. Additionally, worldtradex covers all bank transfer fees fortransactions over $200, ensuring that clients are not charged any hidden feeswhen moving funds. worldtradex is committed to delivering top-notchcustomer service, providing clients with multiple channels to get assistancequickly and effectively.
Dive into technical analysis with hundreds of indicators, studies, and access to historical data for smarter decision-making. Choose from Micro, Standard, or worldtradex Zero accounts, each designed to suit different trading styles and experience levels. Trade with powerful leverage options and enjoy some of the tightest spreads in the market—especially on high-demand assets like gold and oil. You can trade Forex, stocks, commodities, and futures, making it one of the most versatile platforms out there. MT4’s mobile app for Android and iOS lets you trade anytime, anywhere. Exchange rates change all the time based on market factors like supply, demand, economic reports, and even global events.
Mobile App User Interface
Deposits into worldtradex trading accounts can be made in various currencies, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR and USDT. It is possible to make deposits in other currencies outside these listed but there will be exchange fees. worldtradex Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices. worldtradex Group offers a range of trading platforms to suit different preferences and trading styles. worldtradex generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, worldtradex charges fees for deposits and withdrawals via Bank Wire below $200.
The Exness MetaTrader 5 application is an effective mobile trading solution that opens the financial markets to traders from any location. Plus500 is a primary online trading portal providing a variety of products such as foreign exchange, shares, commodities, indices, options, and other instruments in the form of CFDs. Using these apps allows traders to access the worldwide currency market in which they bet on currency pair price fluctuations between EUR/USD and GBP/JPY, along with many other such pairs.
worldtradex is a forex and CFD broker that provides online trading services globally. Based in Limassol, Cyprus, it is regulated by top regulatory authorities including FSC-Belize, ASIC, CySEC, DFSA. worldtradex offers a variety of trading instruments, including Forex, Commodities, Stock, Indices, Crypto, Turbo Stocks, Equity indices, Precious Metals, Energies.
The minimum deposit to open an account with the broker is $5, and the broker doesn’t charge any fee on deposits. Since third-party payments are not accepted, you must fund your account using the payment source that matches your name. The mobile trading platform has numerous language options, just like the desktop version. The app supports 14 languages, enabling you to select your preferred one.
Account Opening
The instruments page shows different asset classes, such as forex, CFD and Stocks. You need to click any options to view available instruments under each asset class. You can add as many tradable assets as you like using the “plus” button available on the top-right corner of the page. A stock market allows investors to buy and sell securities while enjoying low-risk exposure. The broker is part of worldtradex Group which comprises two entities, worldtradex Global and Trading Point Holdings Ltd. To withdraw money from worldtradex, you need to log in to your account, go to the withdrawal section, and follow the instructions for your chosen withdrawal method.
It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade. These points can be redeemed for trading credit, and they don’t expire. The program is designed to benefit active traders based on their trading volume. The eligible trading accounts are the micro and standard accounts only. Trade using MetaTrader 4 (MT4) or MetaTrader 5 (MT5), two of the most advanced forex trading platforms out there.
Clients need to deposit a minimum of $10,000 to sign up for the Share account on worldtradex. worldtradex broker offers a wide range of accounts, making it attractive to a broad spectrum of investors. Additionally, extra services such as copy trading, contests, VPS, and a loyalty program enrich the trading experience and meet the diverse needs of traders. The addition of personal account managers for each client further enhances the personalised trading experience. worldtradex is well-regarded for offering competitive spreads to traders in the UK and Europe.
worldtradex provides CFD trading, which allows traders to speculate on the price movements of these assets without actually owning them. Enjoy a premium experience designed for seasoned traders with rewarding benefits including access to the widest selection of advanced trading tools available. Known for its competitive spreads and user-friendly interface, JustMarkets caters to beginner and experienced traders.
