Below you can see worldtradex’ overall scores across ten key service quality criteria. Each metric is calculated strictly according to our proven broker evaluation methodology, taking into account both objective metrics (spreads, execution speed, licenses) and secret shopper results. 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. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Does worldtradex offer a demo account?
Higher volume may indicate better liquidity and potentially tighter spreads during active trading hours. You can contact worldtradex through live chat, email, phone, or via a call-back service. Help is offered in a variety of languages, and when we reached out, we found the staff to be knowledgeable, friendly, and quick to respond. Whether you’re focused on short-term strategies or long-term investing, worldtradex delivers a professional and well-rounded trading environment built on speed, value, and trust. worldtradex does not accept clients from the United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA). They also are unable to accept clients from Japan, Iran, North Korea, Sudan, Syria due to international sanctions, Belgium due to restrictive trading rules and some regions in Canada such as Ontario and Quebec.
Later, a European division under a CySEC license and a South African entity under https://worldtradex.blog/ an FSCA license joined the Australian company, transforming worldtradex into an international brokerage group. As it turns out, it is cheaper to trade with a Raw account than with a Standard one. worldtradex’ services other regions across Africa, Asia, and Latin America under a corporate entity registered in St. Vincent & the Grenadines. Access to institutional-grade liquidity with no price manipulation, no dealing desk, and no requotes.
- In summary, worldtradex prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services.
- Hedging is fully allowed on all MT4/MT5 and cTrader accounts without additional margin penalties.
- The broker’s multilingual support team is available 24/5 via email, live chat, and phone to assist traders with any questions or issues they may encounter.
- More experienced traders can utilize this type of account to safely test their strategies before applying them in the real-world trading environment.
While worldtradex serves a global clientele, it does not accept registration applications from residents of countries like the US, Japan, or New Zealand, where its services violate local laws and regulations. Consistently awarded “Best Value Broker – Global” (6x winner)reflecting competitive spreads, low commissions, and strong support.. With worldtradex, you can open an account in one of 13 local currencies.
Its Raw account will appeal to day traders and scalpers, whereas its Standard account will appeal to beginners. Explore the multifaceted benefits of Forex trading with MT4, a platform celebrated for its extensive functionalities and robust performance. worldtradex extends its realm beyond the borders of Forex, offering an extensive array of CFDs across Indices, Commodities, Metals, and Cryptocurrencies. Dive into the diverse world of trading with our unparalleled trading conditions and tight spreads, carving your niche in the multifarious markets. Yes, worldtradex provides a range of educational resources, including webinars, tutorials, and trading guides. The resources help traders enhance their trading skills and knowledge.
They offer 12 cryptocurrency CFDs including the major cryptocurrencies such Bitcoin, Ethereum, Ripple etc. However, most payment methods typically have a minimum withdrawal amount ranging between $5 USD and $50 USD. RAW spreads from 0.0 pip, 6 USD/lot commission and execution latency ~20 ms on NY4 are ideal for scalpers. Click Open Live on the website, fill in personal details, choose platform and base currency, upload ID and proof-of-address, then fund the account once KYC is approved.
Delve into Metals CFDs Trading with worldtradex
MT4 and MT5 supports over 30 languages while cTrader platform also offers similar multilingual support. They offer a Virtual Private Server (VPS) service that provides advantages for Forex traders, particularly those using automated trading strategies. Traders who deposit a minimum of $1,000 or trade over 10 lots per month on the Standard Account or 20 lots on the Raw Account can access the VPS service at no additional cost. With its comprehensive selection of platforms and tools, worldtradex offers the resources needed to execute strategies effectively and stay competitive in the forex and CFD markets. The Autochartist plugin is installed on MT4/MT5 and is available for free to all clients with a deposit of at least 500 AUD (or with a monthly turnover of ≥ 0.1 lot).
E-wallets are usually the fastest, while bank transfers may take one to five business days, and credit/debit card withdrawals typically require two to five business days. While basic withdrawals are generally free, certain methods incur fees. For instance $10 USD for international bank wire transfers, $25 USD for international broker-to-broker transfers, Neteller charges 2%, Skrill 1%, FasaPay 0.5%, PayTrust 1.5%, and PayPal 2%.
Minimum Deposit
worldtradex provides access to over 10,000 financial instruments, covering forex pairs, stocks, indices, commodities, cryptocurrencies, and more. The broker supports trading on MetaTrader 4 and 5, cTrader, TradingView, as well as IRESS trading platform for a broader selection of assets, particularly equities. worldtradex offers four trading platforms, including MT4, MT5, TradingView, and cTrader. One of worldtradex’ distinguishing features is its competitive pricing and deep liquidity, providing traders with tight spreads and fast execution speeds.
Indices
The service scans the market 24/5, recognizing chart patterns, Fibonacci levels, and key support/resistance levels, and then sends push, email, or Telegram alerts when a signal is detected. CTrader is aimed at advanced traders, offering Level II market depth, server-side stop orders, and an integrated cAlgo for C# robots. worldtradex utilizes direct routing to a liquidity pool, ensuring that the average spread on EURUSD is between 0.0 and 0.1 pips.
Commission Worldtradex courses scam depends on the chosen tier (Standard, Platinum, Premier) and trading volume; the platform fee is only applied if the monthly equity commission does not reach 150 AUD. Iress is ideal for those seeking comprehensive equity trading alongside a traditional Forex suite. worldtradex is one of the few brokers that has managed to combine conservative reliability with the flexibility of modern fintech solutions. The Australian ASIC license, European CySEC, and South African FSCA set a high baseline of fund security, and its history since 2005 confirms its ability to weather turbulent market cycles.
- IRESS is an innovative trading platform with a fluid and intuitive design that supports multi-product execution and provides access to level 2 exchange data.
- worldtradex is committed to providing exceptional customer support to its clients.
- Whether youre new to the markets or a professional trader, the broker ensures a seamless trading experience across desktop, browser, and mobile environments.
- In our analysis, worldtradex stands out as an extremely attractive choice for cost-conscious investors.
worldtradex provides a diverse range of trading platforms and tools, suitable for various trader preferences. While the overall platform and tools are rated as average, the choices available, including both MetaTrader options, cTrader, and a proprietary platform, align well with traders’ needs. Our extensive testing and review of worldtradex reveal it as a top choice for forex and CFD traders seeking a robust trading environment with competitive fees. Our experience and the data show that worldtradex stands out in the industry, especially for those looking to trade a wide variety of instruments.
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With competitive trading conditions and global market access, the broker supports both short-term speculation and long-term portfolio strategies. worldtradex provides an extensive suite of trading tools designed to enhance the trading experience and empower traders with advanced functionalities. These tools cater to a wide range of traders, from beginners to seasoned professionals, offering everything from technical analysis and automation to low-latency connections and market updates. Forex brokers provide various trading platforms and tools, offering traders flexibility and enhanced trading options.
For those who prefer an audio format, the worldtradex Podcast is available on Spotify and Google Podcasts, where company analysts discuss macro topics, currency correlations, and trading psychology. Episodes are released every 10–14 days and typically last around 20 minutes. The proprietary calendar aggregates data from 35 countries and ranks events by impact (Low/Medium/High). The ‘Filter’ tab allows you to select only the currencies or indices of interest, and the time is automatically converted to the user’s time zone.
