Worldtradex Review: is it a good broker? 2025

But no learning goes without practice, so it’s also crucial to practice a lot. They have a nice demo which I use, sum of virtual money that I was given is enough to create a strategy, trade for a while and so on. Along with good customer service, every client can access numerous educational materials through Worldtradex Learning Center, full of trading data and other necessary information that brings trading to a better level. In this regard, Worldtradex went also far and developed truly wide education support throughout various regions with the purpose of educating traders, which is a great plus for all traders. Worldtradex withdrawal options are the same as the deposit ones, including Bank Wire transfers, e-wallets and Credit Debit cards.

Is Worldtradex a good broker for beginners?

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

Worldtradex Group Review 2025

Worldtradex offers a total of 8 account base currencies, which are the EUR, USD, GBP, JPY, CHF, AUD, HUF, or PLN. If you fund your account in a currency different from the base currency of your account, a currency conversion fee may apply. This level of cost transparency helps beginners understand exactly how much each trade will cost, which is important when you are learning to manage risk and calculate your potential profits.

Worldtradex offers several risk management tools,including negative balance protection, stop-loss orders, and take-profitorders. These tools help traders manage their risk exposure and protect theirpositions during volatile market conditions. Worldtradex provides access to over 1,400financial instruments, including forex, commodities, indices, shares, metals,energies, and cryptocurrencies. Traders can diversify their portfolios acrossvarious markets and asset classes. These regulations ensure Worldtradex adheresto strict financial standards, offering clients a secure and transparenttrading environment. Worldtradex provides a wide https://worldtradex.online/ range of deposit andwithdrawal methods, ensuring convenience and security for its global clientbase.

Worldtradex generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, Worldtradex charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees.

Worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. Of course, you are able to use your mobile for trading as well, Worldtradex MT4 Android and iOS third-party apps, along with Worldtradex MT5 apps will give you access to a trading account with full account functionality. MT4 and MT5 apps also offer great charting with 3 Chart Types, over 30 technical indicators in their package, and a full trading history journal.

Ultra Low Account

  • Inactive accounts will have any remaining bonuses, promotional credits, and WorldtradexPs immediately deleted.
  • Worldtradex are known for their low spreads and commission fees and scalping and hedging is allowed with Worldtradex.
  • While Worldtradex provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience.
  • Known for its reliability, transparency, and competitive conditions, Worldtradex has established itself as a trusted name in the industry.
  • Both platforms are available in desktop, mobile (iOS and Android), and WebTrader versions, allowing trades to be executed from anywhere.

Worldtradex offers a variety of trading platforms designed to accommodate traders of all experience levels. Whether trading forex, stocks, indices, or commodities, Worldtradex ensures that its platforms provide the tools necessary for a seamless and efficient trading experience. The Shares Account at Worldtradex is designed for more experienced investors who seek exposure to global equities. The Worldtradex Standard Account is a versatile option offering access to all trading instruments with zero commission.

Restricted assets – Shares

is Worldtradex a good broker

The broker provides negative balance protection to its clients from EU and Non-EU. Worldtradex also has an educational blog that keeps you updated with the global financial markets. Let’s start with the slight negatives, Worldtradex Group only offers MT and MT5 as a MetaTrader broker, they do not have their own platform and the pricing is average, with not particularly tight spreads. All Worldtradex clients have access to a personal Account Manager, as when it comes to customer service, the size of your account does not matter.

Opening an Account at Worldtradex

BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences. I expected Worldtradex to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, Worldtradex caters primarily to a broader range of traders. Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded Worldtradex website instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

We understand that informed decisions with Worldtradex are the key to successful trading, so we’ve provided this detailed Worldtradex review. So, take a seat, grab a cup of coffee, and dive in to learn about Worldtradex and how it can benefit you or if Worldtradex is not for you. Worldtradex clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC.

  • Read more, why trade with Australian Brokers by the link  so the regulatory obligations are covered at a sustainable level as we see through our Worldtradex trading Review.
  • This means that traders cannot lose more money than they put into their account and is excellent for beginners especially.
  • The Worldtradex.com daily forex market outlook is helpful, helping traders stay updated on market movements.
  • So, islamic traders can simply open one of the demo Worldtradex account types, and try the service before applying for a real account.

However, if you’re looking for a broker that does offer cTrader, you can explore other options available through the provided link. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. When it comes to online trading with brokers like Worldtradex, carefully review Worldtradex as your broker can make or break your success. Choosing the right broker is essential to ensure your Worldtradex investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

Worldtradex Group offers a strong selection of trading platforms and tools, including MetaTrader 4 and MetaTrader 5. The rating for platforms and tools is average, making it a viable option for most traders. Worldtradex offers commission-free trading on most account types, with spreads starting from 0.6 pips. For Worldtradex Ultra Low and Standard accounts, trading costs are built into the spreads. Yes, Worldtradex is suitable for beginners due to its user-friendly trading platforms, extensive educational resources, and responsive customer support. Worldtradex provides a diverse selection of account types designed to accommodate traders of all experience levels and trading preferences.

Overall, we found Worldtradex’s account opening process is fast and hassle-free. We were also pleased by the quality and responsiveness of Worldtradex’s customer support. European traders will trade with Trading Point Of Financial Instruments Ltd which is regulated by the Cyprus Securities and Exchange Commission (CySEC). Worldtradex TV is a great addition for videos whilst podcasts are also now on the site.

These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder. Worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features.

Leave a Comment... Discuss!

*