worldtradex Detailed Review including Real Traders Reviews 2025: Forex-Brokers org

Despite this lack of regulatory oversight, worldtradexFX still does not offer trading services to U.S clients. We found the trading requirement to be too high, but if you are a frequent trader, you can become eligible for the 50% bonus on your deposits in a reasonable time. The website of worldtradexFX supports 12 languages and the phone support staff speaks several languages depending on where you are calling from. Both MetaTrader 4 & 5 as well as the cTrader platform from worldtradexFX come with web trading versions that allow traders to log in to their account using a simple web browser. We found the cTrader web trader to be superior compared to the MetaTrader web trader. In fact, compared to cTrader, the web trader of MetaTrader is rather basic.

Social and Copy Trading Apps

• No, the broker does not offer real shares as part of its trading instruments.
• Further, it uses an authentication model through 3D securetechnology for extra protection to online payments.
• You may also open a demo account to test the different trading platforms and conditions before opening a real account, should you wish.
• The Micro account comes with the MetaTrader 4 platform and floating spreads start from 0.4 pips.
• The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
• One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your worldtradex account.

The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. worldtradexFX has a truly impressive array of features andoptions to offer to traders. Their personal support is also genuine andcustomer care executives seem to eagerly resolve client queries and problems. For withdrawal requests, the processing time is almostinstantaneous and validated Worldtradex forex broker through an email.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Forex pairs, metals, indices, energies and cryptos are all available, but traders looking for single stock names will be disappointed. With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets.

• As for account management, I found the deposit and withdrawal services to be fast with same-day funding and withdrawals with no fees.
• worldtradexFX utilizes all of the tools that are in place with your trading platform to help you to do this.
• Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders.
• Trading instruments may perhaps be too limited for some although the forex offering is probably adequate for most forex trader needs.
• The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type.

worldtradexFX mobile trading is also well catered for through their own mobile trading platform aside from the huge industry giants already mentioned. It is the perfect opportunity to trade in a no-risk environment with virtual funds, but which also perfectly replicates live trading. It is the ideal way to get to know more about a broker or the industry. Furthermore, your funds will always be held in segregated accounts with top-tier banks when you trade with worldtradexFX. This means that no matter the financial situation of the broker, your funds will always be safe.

Offers

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. Even at 0.90 pips, I found it’s roughly 18% cheaper than my industry average tests of 1.11 pips for EUR/USD, positioning worldtradex as a low-spread broker. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Swing trading is where strategy meets patience, and the real profit comes from catching the move rather than chasing it.Unlike day trading, where trades are fast and fleeting, swing trading is…

I think they could improve by adding support for more currencies as the different options are beneficial because conversion fees do not apply when using an account in your own currency. Secure SSL encryption helps make your information confidential and inaccessible to third parties. 3-D Secure technology adds an authentication step for protecting your online VISA/Mastercard payments. The MT5 account, also called innovative account, is an account type for clients with trading expertise. Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks. The broker has its proprietary trading platform known as worldtradexTrader, which operates on web and mobile versions.

The worldtradextrading app

This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading. As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions.

Both iOS and Android versions of the trading platforms are also available for on-the-go traders. worldtradexFX offer a great choice of platforms for convenient access to the markets on all of your devices. You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms. These are amongst the best trading platforms available for online trading that you will find anywhere.

For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. In addition to traditional platforms, I did find that copy trading is available through the worldtradex Copy platform giving you an alternative approach to leveraged products like forex and gold. I was curious to know why they offer this as other brokers are not so generous when it comes to absorbing the swap costs.

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The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security. It has management systems that ensure that clients do not lose more than initially invested. If account balances become negative due to Stop-Out, worldtradexFx compensates the account by adjusting the account balance to zero, ensuring the risk is limited to only deposited funds. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage.

Choose from 300+ trading instruments, including shares, commodities, and indices. Choosing worldtradexFX for index trading is synonymous with choosing efficiency, transparency, and profitability. Embrace the world of indices with us and redefine your trading experience.

The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag. I like that you don’t have to fill out a questionnaire for support, you are taken directly to help in the form of AI. I was impressed with the efficiency and low-cost approach to depositing and withdrawing with worldtradex. The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees. I prefer seeing a broker regulated by multiple authorities, especially local regulators where clients are accepted such as CySEC. However, I would like to see other Tier-1 regulators like the Australian Securities and Investments Commission (ASIC) or the Monetary Authority of Singapore (MAS).

You can open a demo account with unlimited funds and no expiration giving you ample time to test each platform to see which suits you best. The demo account provides real-time price feeds like a live account but gives you virtual funds to trade in a risk-free environment. As you can see from the above table all the accounts offer the same regarding trading costs, the only difference is the trading platform. If you want to trade all markets worldtradex provides, I found your only option is the MetaTrader 5 account. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

NBP — the worldtradex management/trade order system ensures that the client cannot lose more than the initial deposit in their account. Even if a position ‘gaps’ in extreme market conditions, then the client will lose the funds in their account by no more than that. A lot of brokers consider them mutually exclusive, so only offer one, if any at all. Its worldtradexFX.eu arm is regulated by CySec (Cyprus Securities and Exchange Commission) and has offices worldwide.

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All of the materials are of high quality and cater to beginners, intermediate and advanced traders. That worldtradex is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts. During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that worldtradex offers its clients. Being able to still engage with the full range of services from smaller screens is a real plus-point for the service.

I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements. MetaTrader 4 is a great option if you use custom indicators or strategies as it provides the MQL4 library which you can use to create bespoke strategies.

They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions. While the regulatory situation of worldtradexFX is adequate, it is not among the best-regulated brokers in the world.