WorldtradexFX Worldtradex Review Online Forex Trading Analysis

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With unlimited access, real market data, and full platform tools, it’s an ideal way to practise risk-free and build profitable strategies before going live. Worldtradex is a global trading platform founded in 2011, serving clients in 180 countries. With over 42 million accounts and 277 instruments, it offers commission-free access to CFDs and supports traders with free educational tools and expert market analysis. WorldtradexFX’s no-fee policy for deposits and withdrawals, combined with its competitive spreads and high leverage, creates a cost-effective trading environment.

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Plus, you can fine-tune the Space by choosing specific instruments only to receive these ideas from – in my instance, I chose USD/JPY, gold, and EUR/USD. I found the account opening process to be rather straightforward where you complete an application filling your personal details and choose the platform you wish to work with. In my case it was the MetaTrader 5 platform, however, I found that once your account is open you can select different platforms from within the dashboard.

• However, users should learn risk management and avoid trading with large amounts early in their trading journey.
• It’s possible to access the Worldtradex services while on the move by using the WorldtradexTrader app, MetaTrader app or through internet browsers.
• MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account.
• Being quick and flexible to deal with while trading allowed the investors to trade with ease.
• No, while Worldtradex offers shares of over 100 public companies for trading, no leverage is available for stock trades.
• These spreads are markups with no added commissions, meaning the spread is the only trading cost, and it adjusts dynamically based on market conditions.

With fast processing times, no fees, and a wide range of payment options, Worldtradex makes it easy for traders to fund their accounts and withdraw their earnings securely. Both account types offer access to a wide array of assets, including currency pairs, commodities, stocks, indices, and cryptocurrencies, all with low spreads and no extra fees. Both MetaTrader 5 and WorldtradexTrader offer excellent trading conditions, but they cater to different types of traders. MetaTrader 5 is the go-to for experienced traders who require advanced tools and customization options. However, for those new to trading, WorldtradexTrader is the ideal choice, offering a more intuitive and approachable experience. MetaTrader 5 is a more advanced platform, offering sophisticated tools for experienced traders.

• Each platform supports swap-free trading, zero commissions, tight spreads from 0.6 pips, and no hidden fees or interest-based transactions.
• Such success is built on developing an approach that is, first and foremost, trader focused.
• The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
• It’s a great way for beginners to get comfortable with the platform and the trading process.

Testing Worldtradex’s Customer Support

Worldtradex provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards. For Standard accounts, Worldtradex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these. A Worldtradex forex brokers reviews high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. It has several entities around the world and provides services by industry standards. The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages. The “Space” section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app.

Worldtradex FX Charting and Tools

The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase. The more active clients you refer, the higher your potential monthly income – some top partners earn over $300,000 per month. To open an account with Worldtradex, click the Open Account button at the top right of the homepage, or access the registration form through the signup page link. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

What types of educational resources does Worldtradex offer?

By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically. Traders have complete control over the process and can stop copying anytime. Worldtradex clients with an MT4 account can also elect to become Master Traders. They can then trade as usual and earn additional income whenever others choose to copy them.

You’ll be asked to choose between a real or demo account and select your preferred trading platform. Worldtradex’s zero-commission, no-fee model is ideal for traders seeking simplicity and transparency. With spreads from 0.6 pips and no extra charges, it’s an affordable way to trade across multiple markets without sacrificing performance or flexibility. The market news is updated hourly and helps to stay updated on market trends. Worldtradex is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments. For a wider selection of products with thousands of instruments we would advise selecct other Broker then.

Worldtradex offers an array of easy and secure deposit and withdrawal methods for traders, ensuring fast transactions with no commissions. Another program offered by Worldtradex is a tiered loyalty program (without fees), where traders advance through categories based on their account balance, gaining access to benefits and rewards. The Worldtradex Status Program allows traders to unlock various benefits based on their trading account balance. Benefits include lower spreads, faster transfer and withdrawal times, access to personal account experts, and various rewards based on their trading activity. For every standard lot traded, you earn prize lots, which can be redeemed for items like T-shirts, gadgets, or even a MacBook. Higher account statuses (Silver, Gold, Platinum) help you earn prize lots faster.

How to Open and Close an WorldtradexFX Account

Withdrawals must be made using the same methods as deposits, meaning all available deposit https://worldtradex.live/ methods can also be used for withdrawals. To enable multiple withdrawal methods, a new deposit using a different method is required. The processing time can vary from 30 minutes to three business days, depending on the method and conditions. Withdrawals can be initiated from the website dashboard or through the mobile app.

Commissions and fees

Please feel free to reach out to us anytime at again for choosing Worldtradex, we’re proud to be a part of your trading success! Worldtradex offers a reliable and user-friendly platform for both traders and partners. With a variety of account types, low spreads, no trading fees, and unique features like WorldtradexVision and the 50% deposit bonus, Worldtradex ensures a rewarding trading experience. For partners, the IB program provides generous commissions, daily payouts, and various payment methods. Whether you’re looking to start trading or grow your IB business, Worldtradex delivers the tools and support you need to succeed.

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For example, if the bonus totals USD 400, the client must trade 200 lots to be able to withdraw it. The threshold to access the bonus is high and requires a substantial trading volume. The Worldtradex dashboard clearly displays the progress of these lots and the application of the bonus in a detailed manner. Accessing the bonus is a straightforward process and can also be configured automatically.

With fast processing times and a generous 50% deposit bonus, Worldtradex makes funding and managing your trading account seamless and rewarding. WorldtradexFX stands out as a versatile and cost-effective broker, appealing to traders across various experience levels. Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment.

Worldtradex has a strong selection of CFDs on cryptocurrencies, numbering 30 in total. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. Worldtradex offers a robust selection of trading platforms, including MetaTrader 4, MetaTrader 5, and a proprietary platform. This broker is an average choice for investors due to its solid but not outstanding rating for platforms and tools.

The number of instruments on offer is relatively limited, and areas of the site could do with being more transparent as it can be hard to pin down certain facts. The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK. Worldtradex Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. WorldtradexFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. Both MetaTrader MT4 and MT5 stand out for the charting tools they offer.

I find MT4 makes it easy to customise your charts with 9-time frames from day to tick charts and 3 chart types including bar, candlestick and line. This lets you adapt your charts depending on your strategy, whether you use multi-time frame analysis or are a scalper with tick charts you’ll find it easy to switch on MT4. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.