As you’ll often read in worldtradex reviews, it also has a deep pool of assets to choose from. There are over 300 instruments available, covering popular categories like forex, stocks and indices. It even offers futures trading, which few online brokerages like it do. While no trading platform is entirely risk-free, worldtradex’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for traders. No matter which account you choose, you'll have access to over 300 tradable instruments across six asset classes.
Explore a world of forex, CFDs, and cryptocurrencies with confidence. The brokerage company supports automated trading through Expert Advisors on MT4. worldtradex is an online CFD broker based in the Seychelles, fully authorized and regulated by the Seychelles Financial Services Authority (FSA). The secure worldtradex client portal handles all financial transactions for verified clients. worldtradex notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review. The FAQ section left me unsatisfied and searching for answers elsewhere.
Rebate programs, where traders can earn rebates based on trading volume, can be attractive for high-volume traders. It’s worth noting that it is not explicitly mentioned whether worldtradex offers a rebate program, so it’s advisable for interested traders to contact customer support for specific details on any such programs. It is important to be aware that worldtradex lacks licenses from prominent regulatory authorities. Customer support is limited to email communication or through the website’s contact form, as they do not offer phone support or instant messaging assistance. The educational resources provided by the broker primarily consist of webinars.
Trading Products
These tools empower traders with the knowledge and insights necessary to navigate the complexities of the financial markets. Whether traders are seeking to improve their trading skills, stay updated on market events, or expand their trading strategies, worldtradex offers a comprehensive suite of resources to meet their needs. Experienced traders using worldtradex can benefit from multiple base currency options for their accounts and a variety of deposit and withdrawal methods.
Is worldtradex regulated?
- We're committed to providing our clients with the educational resources they need to succeed, and your feedback is important to us.
- While the broker offers comprehensive, responsive, and dedicated support through these channels, the lack of phone support can be a letdown for potential customers.
- worldtradex boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility.
- Trading carries a high level of risk and may not be suitable for all investors.
worldtradex, operated by Tradeco Limited, segregates client deposits from corporate accounts and offers negative balance protection. Founded in 2021, it lacks the longer operational history of many competitors, but my review found no misconduct on behalf of worldtradex, which maintains a clean regulatory track record. All that creates a strong yet flexible trading environment that you’ll see in worldtradex reviews. The broker supports a wide variety of strategies and trading styles, and better yet, provides specialised support through various features. Hi Leon Mauer,Thank you for taking the time to share your thoughts with us.
- While the broker charges no commission, it provides a simple and straightforward list of Average spreads for various account types.
- Since the trading fees decrease significantly, traders may have to deposit more to access cheaper costs.
- Yes, worldtradex has a low minimum deposit requirement, allows micro-lot trading and fractional share dealing, has a Cent account, and has quality educational content, making it a good choice for beginners.
- Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, worldtradex ⚡️Empowering traders.
- The catch is that the minimum deposit is $500, which may be out of some traders’ comfort zone.
Does worldtradex Provide Educational Content?
There are three regular account options and a Cent account for those who wish to be really precise with their trading. We're glad to hear that you had a positive experience with our withdrawal process. Our goal is to make every Worldtradex scam aspect of your trading experience as seamless as possible, and we're glad to have exceeded your expectations. The cost of trading here isn’t high… as a beginner starting with the cent account might be a good step, so money is managed well.
I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Complete training in financial markets such as "Forex," "Stock Market," and "Cryptocurrencies" only becomes comprehensive with tested trading tools and strategies. "Trading Finder," with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from "beginner to advanced."
Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. The broker offers demo accounts with $100,000 in virtual funds. While worldtradex's spreads are competitive for some assets (like cryptocurrencies), they're higher than average for currency pairs.
Keep trading gold nonstop and thanks to worldtradex conditions I don’t lose a lot on trading costs. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. worldtradex’s Supercharger Bonus allows traders to double their starting balance with a 100% bonus on any deposit of $200 or more. However, this offer is NOT available in the EU (where worldtradex is not licensed) or to residents of certain countries, including the USA, Iran, Cuba, Sudan, Syria, and North Korea.
Deposits and withdrawals
However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. It’s essential to note that the same payment method used for deposits must also be used for withdrawals.
Now trading fx minors as well
Regrettably, worldtradex does not offer third-party plugins for MT4. Traders can browse the 25,000+ custom indicators, plugins, and EAs available for MT4, but the quality upgrades are not free. I am missing an introduction to the proprietary options, as worldtradex does not list any features and only notes how to access or obtain them. Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback.
It offers the industry-leading MT4 platform, which most traders should be familiar with. Albeit with a slightly dated interface, it offers great ease of use with intuitive features while remaining deep enough for traders to really dig their teeth into it and get rewarded for their effort. Dear Razan Mosstafa,Thank you for providing the requested information. We want to let you know that your case has been directed to our Complaint Department. Should you have any additional details or questions in the meantime, please don’t hesitate to share them.Thank you for your patience and trust in us.Best Regards, worldtradex ⚡️Empowering traders. I was mostly doing exotics but now switched to trading minors as well and my fav so far is eur/nzd , it seems that I just clicked with this pair and I know how it moves.
Customer Support
If you fully stop out and make a comeback, you can get another 20 percent. From what we can see, the broker’s fundamental properties are well constructed, creating a strong core trading experience. 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. Hi Fouad El Alaoui,We really appreciate you sharing your worldtradex experience with us! They've been solid always with my gold tradign here, like the spreads aare awlays at market norm - and this is waht I need .To overboard wide spreads on this metal even when volatile.
I always recommend that traders check them before evaluating the total trading costs. It’s a trader-focused company, with an extremely well-designed service, optimized for power. Even with that, it retains a huge degree of flexibility, with different trading opportunities and avenues available. The maximum amount of trading funds this bonus can generate is $2 000 each time. To qualify, your deposit must be at least $100 or the equivalent in your account currency. Before you start thinking it’s just free money, we need to tell you that bonuses cannot be withdrawn.