Customer service is highly responsive, with one drawback being that there is no phone support. worldtradex also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email.

worldtradexFX is a global forex and CFD broker that has garnered attention for its accessibility, comprehensive trading tools, and reliable customer service. Whether you’re a beginner trader or an experienced one, worldtradexFX offers a range of options tailored to meet your needs. This review will dive into the key features, regulations, trading instruments, platforms, mobile app, account types, commissions, customer support, education, reputation, and bonuses. By the end, you will have a clearer understanding of whether worldtradexFX is a suitable choice for your trading journey. Dear Ravi Kumar,We appreciate your kind words and are glad to hear that you find deposits and withdrawals easy and our trading platform user-friendly. We encourage you to explore these resources for an even better experience.If you ever have any questions or need assistance, feel free to reach out via live chat or email at We’re always here to help!

worldtradex’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. Whether you’re a novice exploring the markets or a professional looking for advanced tools, worldtradexFX provides the necessary resources to achieve your trading goals. worldtradexFX stands out as a versatile and cost-effective broker, appealing to traders across various experience levels. Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment.

The minimum deposit is $25, while for several cryptocurrencies, the amount is approximately $50. Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders. Furthermore, through MetaTrader, clients have the opportunity to become “Master Traders,” enabling their trades to be copied by others, for which they receive an income. worldtradex has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave Worldtradex official site trading.

What are the spreads on worldtradex accounts?

It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. worldtradexFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience. The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams. worldtradexTrader offers a fine array of charting tools to allow for a smooth desktop trading experience.

Regulation of worldtradexFX

worldtradexFX seems to be hitting all the high marks for you – reliable service, user-friendly platform, and top-notch market analysis. Their platform is user-friendly and their market insights are invaluable. worldtradexFX provides excellent trading services with a straightforward https://worldtradex.space/ platform. worldtradexVision is a powerful tool for traders seeking to improve their decision-making and consistency.

• The research section also includes specific trading ideas, target prices, and key price levels to watch.
• worldtradex does have a proprietary mobile app for trading, as well as for social copy trading (the worldtradex Copytrading app), yet it still trails behind industry leaders such as IG and Saxo.
• Open trades must be closed before account termination can be finalized.
• STP (Straight-through processing) is basically done through electronic transfers.

It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options. Impressed with worldtradexFX’s reliable platform and comprehensive market insights. They offer excellent customer service and professional trading tools. Their customer support is responsive, and their market insights are clear and valuable. worldtradexFX offers excellent trading services with a platform that is not only easy to use but also rich in features.

With regulation by CySEC and the Mwali International Services Authority, traders can trust worldtradexFX for secure and compliant operations. 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.

How to Close an worldtradexFX Account

worldtradexTrader is specifically designed for beginners, offering an easy-to-navigate interface and helpful features like Space to guide new traders. MetaTrader 5, while powerful, is better suited for experienced traders. No, worldtradex charges no commissions, deposit fees, or withdrawal fees for either account type, making it a cost-effective choice for traders. worldtradex offers a 50% bonus on each deposit to enhance traders’ accounts. This bonus increases the available margin, allowing traders to open larger positions and potentially boost their profits. To qualify, simply deposit at least $50, and the bonus will be credited automatically on every deposit, not just the first one.

• However, customers can withdraw as many times as they wish and withdrawal is free.
• worldtradex’s trading environment is best for regular market participants for active traders.
• Furthermore, the platform functions as a learning hub, allowing traders to gain insights from successful strategies, thereby improving their trading abilities.
• The worldtradex Status Program allows traders to unlock various benefits based on their trading account balance.

Broker Types

It offers a wide variety of customization options and advanced features, making it ideal for traders who require more complex functionalities. worldtradex provides 277 trading instruments, including 150 CFDs on stocks, 52 forex pairs, gold and silver, 3 types of energies, 10 indices, and 34 cryptocurrencies. worldtradex offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and worldtradexTrader.

worldtradex’s minimum deposit requirement of just $25 makes it accessible for new traders, it is a perfect broker for beginners. To properly increase their trading skills, the platform provides thorough instructional tools, including webinars, beginning and advanced trading videos, and trading glossary. worldtradex also offers a demo account tool so that beginners may test trading with virtual money, therefore reducing risk. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further. New traders wishing to enter the financial markets find worldtradex appealing overall since it combines affordability, knowledge, and user-friendly tools.

worldtradex is a global online trading broker that has been serving clients since 2011. With more than 42 million trading accounts spread across 180 countries, it offers commission-free access to a wide variety of financial markets. The platform features 277 different trading instruments, including CFDs on stocks, forex pairs, precious metals, energies, indices, and cryptocurrencies. The MT4 account, also called traditional account, is an account type used by new and experienced traders alike. It not just offers excellent trading and analytical tools, but is also flexible enough to implement simple, as well as, highly complex trading strategies.

Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. In addition, when trading with a broker authorized by CySEC, client funds are protected by the Investor Compensation Fund (ICF). ICF protects client accounts for up to €20,000 if a firm becomes insolvent. A trader working with a broker entity regulated offshore would not necessarily have these benefits.

However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees. Beginner traders get the most educational value from webinars, which worldtradex also publishes on its YouTube channel. I also recommend the 21 well-thought-through articles and its 11-video beginner’s course, which introduces new traders to financial markets.

Even a quick glance establishes why the firm is so willing to share. The Copy Trader account area requires separate funding and comes with its own dedicated app. The app has been downloaded more than 5 million times, with a 4.5 star rating out of 5, which is impressive indeed. The worldtradexTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy.

When depositing or withdrawing AED to or from accounts denominated in USD or EUR, Emirati traders may incur currency conversion fees. Furthermore, the platform functions as a learning hub, allowing traders to gain insights from successful strategies, thereby improving their trading abilities. 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.

worldtradexFx Regulations

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. Although worldtradexFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide.