So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. worldtradex uses standard security features to keep clients’ personal information secure, including website encryption.
Welcome bonuses are available at worldtradex when you register for a new account. However, they do change over time and vary between countries, so check the current offers available when you sign up. An account manager is available with all of worldtradex’s trading accounts. When we used worldtradex, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. worldtradex accepts traders resident in most countries except the USA, Iran, Cuba, Sudan, Syria, and North Korea.
Customer Support
- I like the trading environment at worldtradex in the Absolute Zero account due to its competitive trading fees.
- With that said, the brokerage does have plans to introduce MT5 in the future.
- By opting for worldtradex, you gain a partner who is committed to excellence, innovation, and client-centered service.
- worldtradex is committed to providing superb services to its loyal customers.
- DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
VPS hosting exists for algorithmic traders and copy trading services are also available with a balanced asset selection and active trading community. I found worldtradex’s selection of tradable instruments diverse enough to accommodate most trading strategies. The broker offers gold and silver CFDs denominated in EUR and USD so that traders whose accounts are also denominated in the same currencies do not have to pay a conversion fee. worldtradex could improve its offering by including vanilla options or Asian stocks. worldtradex offers about 310 tradable instruments across currency pairs, commodities, share CFDs, indices, and futures contracts. The assortment is wide enough to accommodate the basic needs of most types of traders.
ECN and Zero Spread accounts have no spread and charge a commission based on the number of lots traded instead. worldtradex offers a wide and diverse selection of trading accounts, including commission-free and raw spread accounts. Additionally, the broker provides a Personal Multi-Account Manager (PMAM) platform designed for professional traders and money managers. Whether you are a beginner exploring the financial markets or a seasoned trader seeking advanced trading conditions, worldtradex is the ideal partner. Choose the trading account that suits you best and experience the sophistication of worldtradex’s trading platforms.
Opening an Account
The FAQ section answers the most common question, and live chat is available with fast response times for basic questions. Traders have eight account options at worldtradex, where the minimum deposit is $0 for most. It may take time to process withdrawals, https://worldtradex.live/ some traders have mentioned that worldtradex is slower than other brokers. Withdrawals from worldtradex are always done with the same method used for the deposit.
Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. worldtradex was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide. Processing times depend on the geographic location and the payment processors, which worldtradex lists as between one and ten business days.
Is worldtradex A Good Broker?
However, the broker does not provide any low-risk securities, such as ETFs, bonds, or vanilla options. While it provides competitive spreads on certain instruments like TSLA, its spreads on EUR/USD and GBP/JPY are higher than the industry average. On the positive side, deposits and withdrawals are free, and the broker’s inactivity fee is relatively low. worldtradex is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses.
Are worldtradex’s Fees Competitive?
However, the broker could enhance its offering by introducing an alternative to the MetaTrader 4 platform. worldtradex offers commission-free trading and floating spreads from 0.9 pips on its No Commission account. My test indicated Worldtradex scam that the spreads on this account are broadly average to high compared to the industry benchmark. The broker does not impose a handling fee for deposits or withdrawals. It also offers a variety of trading accounts, most of which have no minimum deposit requirement, and provides excellent conditions for copy trading.
- In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection.
- However, they do change over time and vary between countries, so check the current offers available when you sign up.
- This broker is dedicated to delivering exceptional trading conditions characterised by competitive spreads, and it caters to both retail and institutional customers from over 180 countries.
- worldtradex has prepared a range of carefully selected and high-quality informational videos offering a valuable insight into the trading environment.
- worldtradex has an excellent reputation and is one of the industry leaders in the world of forex trading.
worldtradex is an ideal choice for news traders because of its comprehensive market research offering. It consists of actionable trading signals, a robust market sentiment gauge, detailed market breakdowns, and more. You can buy or sell CFDs on gold and silver, as well as palladium and platinum with market-leading spreads and spot execution.. By opting for worldtradex, you gain a partner who is committed to excellence, innovation, and client-centered service.
Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. worldtradex incorporates MetaTrader 4 for web, desktop, and mobile trading.
The platform’s performance can be enhanced with the MT4 Advanced add-on. The broker also provides PMAM accounts for managed trading, TradeCopier service for copy trading, and free VPS hosting for low-latency trading. Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. I opened a No Commission account with the Notesco Int Limited entity and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform.
Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report worldtradex’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. I like the trading environment at worldtradex in the Absolute Zero account due to its competitive trading fees. worldtradex is an ideal broker for Forex traders due to its above-average choice of currency pairs. The well-structured trading environment and dedicated customer support team, make it a great broker to register with. worldtradex provides a variety of accessible and diverse trading accounts, giving clients the flexibility to choose between fixed spreads and floating spreads.
worldtradex has an excellent reputation and is one of the industry leaders in the world of forex trading. It is one of the sponsors of the 2018 Offshore Racing Congress (ORC) European Championships and will support an worldtradex Racing Yacht. worldtradex previously sponsored the ORC Worlds Trieste 2017 and was an official partner of FC Barcelona from 2014 to 2017.
We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Examine the latest Customer Reviews and Comments about the Top Forex Brokers written by real traders and Forex experts on a daily basis. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader.
