Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. The Worldtradex platform provides a web-based and mobile alternative, but there is no desktop version, which can be inconvenient for traders who prefer a dedicated program over a web browser. The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker.

Worldtradex may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia. Worldtradex provides several educational and training tools for beginners as well as expert traders. You can always use the option of starting with a demo account to test all features available. Worldtradex has good educational and training tools for beginners as well as expert traders.

Cryptocurrencies

Worldtradex does not charge deposit fees, and processing times range from instant to a few days. Spreads on both the WorldtradexTrader and MetaTrader 5 accounts start at 0.6 pips. These spreads are floating and may change based on market conditions. WorldtradexVision analyzes your trading activity and delivers detailed performance metrics. It offers insights into individual trades as well as daily performance, helping traders recognize patterns, strengths, and areas that need improvement. Account registration with Worldtradex is straightforward and user-friendly, allowing new traders to quickly set up their accounts and begin trading with minimal hassle.

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. Worldtradex was founded in 2011 and offers a range of trading platforms and tools.

  • Worldtradex appears to be a solid choice for traders looking for a commission-free broker with a diverse range of financial instruments.
  • Fill in the necessary information, select your account type, and finish the registration process.
  • However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool.

WorldtradexFx Bonus Offer

To participate, traders must create an Affiliate Account and use the unique referral link provided to acquire clients. Clients who sign up using the affiliate’s referral link earn commissions based on their trading volume. Hello to everyone.Forexbrokerslab is my personal blog where I review reliable forex brokers. Forexbrokerslab is a project that aims to educate and protect forex traders. In this blog you’ll find practical guidance, unbiased reviews and much more. Compared to other brokers who offer more deposit and withdrawal methods available in the market, the broker here is lacking when it comes to the options provided.

Does Worldtradex charge any deposit or withdrawal fees?

Worldtradex fx forex broker review

At Worldtradex, our mission has always been to create a transparent, reliable, and trader-friendly environment. Worldtradex has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts. Moreover, Worldtradex is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto. WorldtradexFX is an international broker that provides a variety of trading options for both novice and experienced Forex traders. WorldtradexFX has integrated platforms such as https://worldtradex.bid/ MetaTrader, which provides a no-frills, low-cost trading experience, focusing on transparency and favorable trading conditions.

Worldtradex fx forex broker review

The platform features performance analytics tools to track and visualize your trading journey and provide in-depth analysis of individual transactions or entire trading days. With this tailored approach, traders can make more informed decisions and refine their strategies for enhanced trading outcomes. WorldtradexTrader is specifically designed with beginners in mind, featuring a user-friendly interface and helpful tools like Space, which makes it easier for new traders to get started. MetaTrader 5, on the other hand, is more advanced and is better suited for experienced traders.

The bonus is automatically credited to your account after making a deposit. You can use the bonus to increase your margin and open larger positions. To withdraw it, you’ll need to trade the equivalent of half the bonus amount in standard lots. Personal data and financial transactions are protected through SSL encryption, which secures the platform and makes sure that sensitive information is inaccessible to unauthorized third parties. 🛡️Regulated and trusted by CySEC, MISA, FSC and FSCA🛡️3158 new traders chose this broker in the last 90 days.🛡️Available for global Traders.

Countries not accepted by WorldtradexFX

It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. Finding the best trading platform depends on your goals, skills, and experience. Worldtradex offers three top-tier platforms – MetaTrader 4, MetaTrader 5, and its proprietary WorldtradexTrader – each designed to meet different trader needs with powerful tools and features. Worldtradex secures client funds by using segregated accounts that keep trader deposits separate from company assets. This structure, aligned with global regulatory standards, ensures that client money is protected and cannot be used for company operations. Worldtradex prides itself on providing excellent customer support to its clients.

Withdrawals must be made using the same methods as deposits, meaning all available deposit 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. Worldtradex does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of Worldtradex is that it does not charge swap fees.

The broker’s commitment to providing a diverse and cost-effective trading environment empowers clients to implement various strategies across multiple markets, enhancing their potential for success. Worldtradex offers a robust range of trading instruments, from currency pairs to stocks, indices, and cryptocurrencies, catering to diverse trading strategies. With flexible leverage options and a comprehensive selection of assets, it provides an all-encompassing platform for traders looking to explore multiple markets. The Worldtradex demo account is a free, no-deposit trading simulator that mirrors real market conditions. It allows traders to practise strategies, use technical tools, and explore trading platforms with virtual funds and no financial risk.

Yes, WorldtradexFX occasionally hosts webinars and offers online courses to help traders improve their trading skills. Yes, WorldtradexFX provides various research tools, including market analysis and real-time charts. The process for using this feature is simple for those who are interested. Traders must first create a Copier account and deposit funds into their Wallet. Following that, they can select specific Masters whose trading activities they can automatically copy, allowing them to profit from proven trading strategies. Once all steps have been completed, contact the customer support team to confirm the closure of your account.

  • This makes it a user-friendly choice, helping traders learn and grow as they make their way into the world of online trading.
  • Compared to other forex brokers in the industry, Worldtradex stands out for its low spreads, competitive pricing, and excellent customer support.
  • By offering a range of payment methods with swift processing times and zero fees, WorldtradexFX ensures that managing your trading funds is both efficient and economical.
  • Yes, Worldtradex provides commission-free access to the financial markets, allowing traders to focus on their investments without the concern of additional trade fees.
  • Both MetaTrader 5 and WorldtradexTrader offer excellent trading conditions, but they cater to different types of traders.

Worldtradex is powered by its own platform—WorldtradexTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users have gotten up to speed on a demo account, they can easily switch to a live version.

Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of Worldtradex. In 2012, it started organizing courses, and in 2013, it introduced its first bonuses. As part of its expansion, Worldtradex launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable). Since 2016, the Worldtradex forex broker MetaTrader 5 platform has been available, coinciding with the launch of educational content.

After more than 10 years in the market, the company claims to have opened over 40 million accounts, received more than 70 awards, and paid out over 33 million USD in bonuses. Worldtradex provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum. You can open a demo account on each of the available trading platforms.

Yes, the bonus is withdrawable once you meet the required trading volume. After completing the necessary trades, the bonus will be added to your balance and can be withdrawn. They have options like Skrill and Neteller, which is fine, but I was bummed Paypal wasn’t there. Seems like a pretty standard thing these days.The minimum withdrawal amounts are all over the place too. Five bucks with Skrill, but gotta have a whopping $350 for a bank transfer in India!

MetaTrader 5 is a more advanced platform, offering sophisticated tools for experienced traders. WorldtradexTrader, however, is simple and modern, focusing on ease of use and offering useful features like Space, which provides real-time market insights and trading ideas. The WorldtradexTrader account is well-suited for beginners, with 80 trading instruments, including 35 currency pairs, gold, silver, and other assets. On the other hand, the MetaTrader 5 account provides a wider range of 277 instruments, including 150 stocks and 26 intraday assets, making it ideal for more advanced traders. With 277 trading instruments, including popular assets like stocks, forex, and cryptocurrencies, Worldtradex offers ample opportunities for diverse trading strategies. The commission-free model and focus on client education further enhance its attractiveness in the competitive online trading landscape.