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May 2, 2024
  • By: Kanghanrak kanghanrak / Forex Trading / 0 Comments

This broker is different from the previous ones I’ve worked with before. Besides those trading conditions, they also offer many other benefits like trading academy, vip room and other things. Worldtradex places a significant emphasis on empowering its traders through research and education. However, when benchmarked against the industry’s leading brokers, there remains room for diversification and enhancement. Worldtradex offers a wide range of trading instruments for diverse investments.

  • The platform’s commitment to data security, alongside its clear guidelines to avoid phishing and fraud, ensures a safe trading environment.
  • This makes it an attractive option for some traders looking for extra benefits in their trading journey.
  • The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives.
  • There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee.

Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. Worldtradex offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options.

Worldtradex review

“Many things for trading”

Worldtradex review

Their team of mentors are real traders and know so much about trading and financial markets. I didn’t expect that all this information would be available for free. The platform is very easy to use and operate, it makes it easier for clients to understand the features and operate them. Also the customer service has proved to be very reliable and also trustworthy. 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.

We aim to help you find the best broker according to your own needs. You can buy and sell CFDs on spot commodities with best-of-market spreads and spot execution without having additional foreign exchange exposure. There are all of the major agriculture and energy commodities that you would expect to find with a top broker like Worldtradex. Your initial deposit will be sent back through the payment method used, and any excess funds (profits) will be transferred to your bank account. Once your account is funded, you can begin trading across the various markets offered by Worldtradex.

  • Worldtradex also prioritizes security through account segregation, negative balance protection, and investor protection schemes.
  • Worldtradex offers negative balance protection, meaning traders can never lose more than their deposits.
  • Consistent with its client-friendly fee structure, Worldtradex does not enforce withdrawal fees.
  • Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs.
  • Note that US traders are restricted and managed accounts are not available.

Depending on the amount you deposit, you can benefit from different types of bonuses, such as the 100% Unlimited Sharing Bonus or the 40% Power Bonus. However, they can be used as extra capital to enhance your trading experience and increase your chances of success while trading. We also evaluated whether Worldtradex offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Safety and Security

However, the Live Zero Fixed Spread account does incur commission fees, though it offers zero fixed spreads on major currency pairs. Worldtradex offers a robust Introducing Broker (IB) program, providing independent brokers with the opportunity to earn competitive commissions by referring new traders to the platform. The IB program is designed to help partners maximize their revenue through high-volume commissions, market rebates, and exclusive rewards.

Worldtradex sets an accessible stage with a minimum deposit of $50, ensuring an inclusive trading environment for a broad spectrum of traders. The broker should consider releasing metatrader 5 platform to provide us with more charting and analytical tools more advanced. The platform is so easy to operate which is something I do not trade for anything and also it’s a good broker with great customer service. You can reach customer support directly on the Worldtradex website through its live chat feature. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. Worldtradex primarily makes its money from dealing spreads, although you might have to pay additional fees depending on the asset and type of account you choose.

The Battle of https://worldtradex.club/ Traders and various deposit bonuses add excitement and potential for financial gain. Worldtradex are renowned for their high-quality trading execution which they consistently look to improve by investing in technology advancements. The trading process is automated which keeps manual intervention to a minimum and thus helps to maximise efficiency and effectiveness.

Markets

Worldtradex offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles. Money managers can also benefit from a personal multi-account manager (PMAM) that allows trading of multiple Metatrader accounts. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform. The broker considers its main goal to provide clients with the most comfortable trading terms. For traders with different needs, the company provides a wide range of trading instruments —from standard to exotic currency pairs, stocks, metals, and commodities. The mobile trading apps provided by Worldtradex are developed for both Android and iOS devices, offering a seamless trading experience on the go.

How to Open an Worldtradex Account

Their dedication to innovation, competitive spreads, and superior client service have earned them recognition as an award-winning broker. Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts. Drawbacks of Worldtradex include a complex fee structure and limited cryptocurrency offerings. Traders may face occasional platform slowdowns and slower withdrawals.

Worldtradex provides access to some of the world’s largest and most liquid markets, offering over 500 trading instruments across six asset classes. This diverse selection includes forex, shares, metals, futures, commodities, and indices, all available on a single platform. Worldtradex stands out for its dynamic bonuses and competitive trading events, providing traders with opportunities to enhance their trading journeys.

Deposit and Withdrawal

The availability of market rebates through Introducing Brokers and its global reach make it an attractive option for traders from all walks of life. Yes, Worldtradex is a trusted and regulated broker with a strong reputation in the industry. The company continuously invests in security and product innovation to ensure a safe and professional trading experience for all clients.

For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free. Worldtradex offers a multifaceted trading platform, and traders can benefit from its research, education, and strong customer support. The broker prioritizes customers by providing a demo account for risk-free practice and offers Islamic accounts to respect diverse client backgrounds.

Worldtradex offers a variety of account types to cater to different trading needs, from beginners to experienced traders. With flexible leverage options and competitive spreads, traders can select the account that best suits their trading style. While most accounts come with no commission fees, the Live Zero Fixed Spread account offers zero fixed spreads but does charge commission. Worldtradex is an online, multi-asset broker best known for forex trading. 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.

This is not something exclusive to this broker, you will find most have a demo account available. The PMAM platform is designed for professional traders and portfolio managers. It allows Worldtradex website for seamless management of multiple accounts, with tools like one-click order entry, live monitoring of forex rates, and transparent activity reports. An Introducing Broker (IB) is an independent broker-dealer that refers new traders to a brokerage firm like Worldtradex. IBs earn commissions based on the trading volume of the clients they introduce, making their earnings tied to the success and activity of those traders. Worldtradex stands out not only for its wide range of instruments and user-friendly platforms but also for its commitment to innovation and client satisfaction.

While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The Worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment. 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.

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