worldtradex Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. Take advantage of our promotions and demo account to practice risk-free. Master the markets with insights from our team of more than 70 expert educators and free educational resources. If it’s your first time, follow the uncomplicated three-step process mentioned below, or if you’re an existing user, simply update to the latest version.
While worldtradex is not a no spread forex broker, it maintains spreads that are competitive and within the industry’s fair range, with the default spreads set to variable and the EUR/USD having an average of 1.9 pips. worldtradex Group elevates the trading experience by offering a diverse range of trading instruments through its robust and regulated entities. The varied product offerings, educational resources, and sophisticated trading platforms underscore worldtradex’s commitment to creating an equitable and efficient trading environment. Please refer to the official worldtradex website for further details on the products, services, and features available across different worldtradex entities.
There are several account types available and you can choose whichever suits you during the signup process. worldtradex offers instant, or same-day, withdrawals with no fees for verified and connected accounts. Withdrawals via bank wire, credit, or debit card usually take 2-5 business days. Increase your trading power with every deposit and make every trade count – T&Cs apply.
Industry Standard Spreads
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). 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.
The platform takes several measures to protect users and their accounts. The more assets there are to trade, the more opportunities there are to make money; and the more diverse the assets, the more likely it is that you will find something that https://worldtradex.club/ fits your trading style. Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
Overall, worldtradex is a reputable and reliable forex broker that offers a wide range of trading instruments, strong regulations and money safety measures, and competitive trading conditions. However, like any broker, it has its strengths and weaknesses, and traders should carefully consider their own needs and preferences before choosing a broker. Whether you’re a beginner or an experienced trader, it’s always a good idea to do your research, compare different brokers, and choose the one that best fits your trading goals and style.
worldtradex provides multiple deposit methods with no deposit fees and several account base currencies. Since there is no deposit fee, worldtradex broker will not deduct any amount from https://worldtradex.site/ the deposits you make. As with most regulated platforms, worldtradex broker requires your personal information and details while setting up an account. You will need to provide accurate information as these will be verified later using a government-issued ID. The worldtradex trading fees on CFDs are extremely low and there are no withdrawal fees.
Tradable Instruments and Assets
- We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
- We found different worldtradex trading platforms to meet the needs of traders with different levels of experience.
- A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
- Commissions are fees charged by a broker for processing transactions and trades.
- Since there is no deposit fee, worldtradex broker will not deduct any amount from the deposits you make.
The platform is highly user-friendly and provides a great search option. worldtradex broker allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. 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.
Manage Your Account
worldtradex is an FX brokerage that was founded by Trading Point Holdings in 2009. The broker is globally available and allows traders to buy and sell various financial assets including forex, crypto, metals, and CFDs. worldtradex is regulated by the Financial Services Commission, Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees. Ultimately, worldtradex is a reputable broker with many tools for new and experienced traders to maximize their trading strategies.
Forex Risk Disclaimer
Boasting over 10 million clients, worldtradex stands as an indisputable leader in the industry, reflecting its relentless commitment and professional prowess in the realm of finance. We believe that choosing the right broker is the key to success in online trading, and we are committed to helping you do that. If you’re looking for reliable and accurate information about brokers, you’ve come to the right place. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.
Nobody does more to provide you with what you need to maximise your trading potential. Stay informed with daily market updates and analysis from the worldtradex Market Intelligence Team. Cryptocurrencies CFDs are not available for clients registered under CySEC, ASIC, and MENA entities. worldtradex email support works well and typically provides answers in 24 hours or less. However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15. Subsequently, you will be charged $5 monthly if this inactivity persists.
Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of FI, you can open an account with this broker. Watch educational live shows every weekday and upgrade your trading skills. Enjoy low fees, exceptional conditions, and super-fast order execution.
Get More than a Trading Account at worldtradex
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. However, it’s important to note that bonus offers often come with terms and conditions, such as minimum trading volumes, that traders must meet before they can withdraw the bonus or any profits made from it.
We adhere to a stringent no re-quotes and no rejections policy, manifesting our commitment to providing a trustworthy trading experience. Here at Forexbrokers.net, we take pride in helping our readers find the best possible financial service providers and avoid fraudsters. We have a team of experienced professionals dedicated to providing accurate and up-to-date information. Our reviews are unbiased and comprehensive, and we always look for new brokers and products. We found different worldtradex trading platforms to meet the needs of traders with different levels of experience. Furthermore, the broker provides access to desktop and webtrading via an MT4 MultiTerminal and an MT4 webtrader for PC and Mac, respectively.