Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the worldtradex Shares Account which has a minimum $10,000. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. Trade with confidence with a multi-regulated broker that has built long-standing partnerships with top global banks. All of the usual forms of deposit and withdrawal are available with worldtradex, such as Neteller Moneybookers, debit and credit cards and Skrill.
- Once traders gain experience, they can migrate to the Standard account for larger contract sizes.
- The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills.
- These savings can be much great when you trade other instruments with wider spreads on the Standard account.
- As they are reliant on MetaTrader for the trading software, you are not going to be surprised by anything on this front.
- worldtradex provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region.
More than 14 languages are catered for through the customer support service at worldtradex. You can reach them no matter what time of day it may be through their live chat feature. Trade with a multi-regulated broker that has built long-standing partnerships with top global banks to ensure your funds are always secure. Enhance your trading experience with the world’s most popular platform and worldtradex’s industry leading execution. Boost the potential of your trades with leverage for traders of all levels.
Trusted by over 15 Million Traders
Additionally, worldtradex provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (for currency pairs such as the EUR USD and the USDJPY). For this privilege, traders will have to pay a commission of $3.5 (per lot per https://lunarcapital.team/ side) for every 1 Lot traded, or $7 per round trip. The commission is on top of the very tight spreads , starting from 0.0 pips on major currency pairs.
Mobile Trading
Use your Demo Account and test your trading strategies risk-free with virtual funds in a simulated environment. Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away. The history of growth and stability over the 15+ years of trading gives us confidence in worldtradex. Although it is not a public company or has a bank attached, we believe they have a strong track record. worldtradex TV is a great addition for videos whilst podcasts are also now on the site. worldtradex has also really put the effort in when it comes to Research and Education.
Easy Access to 1,400+ Global Assets
There are 14 indices to trade, including major indices, such as Dow Jones, NASDAQ, and S&P 500, among others. Additionally, the brokerage offers thematic indices, allowing exposure to various sectors, such as electric vehicles, AI, and blockchain. worldtradex offers easy access to nearly 1,400 tradable instruments, across several asset classes, including Forex, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, and Thematic Indices. Cryptocurrencies and Turbo Stocks are available in specific jurisdictions. Compared to rival brokers, worldtradex charges inactivity fees very quickly, however not as expensive as other brokers. worldtradex provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message.
Rely on Award-Winning Support
- worldtradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts.
- It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker.
- They are based on “tom-next rates”, or the interest rate differential between the two currencies involved.
- Trade with a multi-regulated broker that has built long-standing partnerships with top global banks to ensure your funds are always secure.
- They offer more than 30 language options for their users and they cater for any and all levels of trader.Turning complexity into clarity through AI official website.
They provide free access to daily Forex webinars in 23 languages, available 7 days a week with 77 webinar instructors. They also have worldtradex web trader which allows you to trade through your web browser without the need to download any software. Multiple payment methods are available depending on the worldtradex entity such as Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Apple Pay, Google Wallet etc. worldtradex Global also provides direct share trading in addition to the previously mentioned assets.
Haz trading en forex y sus derivados con +1,000 instrumentos diferentes
Please consider contacting a professional advisor if you require any financial assistance. worldtradex claims to speak over 25 languages and customer support is available through all the usual communication channels. We were satisfied by the availability of human support, which is an excellent feature for novice traders. It is difficult to think of what they could do more to support their customers. If you are a trader registered under the worldtradex Global entity (Belize regulation) you can have a Shares Account which means that you can trade the underlying company shares (i.e. not just the CFDs). There are 100 to choose from and are all major US, UK and German companies.
The layout is straightforward, making it easy for beginners and experienced traders to find their way around. There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn. worldtradex is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. worldtradex, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide. The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai).
This account is great if you are worried about blowing up your trading account by making mistakes on the platform such as using the wrong trade size. Once traders gain experience, they can migrate to the Standard account for larger contract sizes. However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. 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. Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. worldtradex and worldtradex Global offer a variety of trading accounts with variable spreads.
Trading tech stocks
Customers can choose between the world-famous third-party trading platforms MT4 and MT5 and the proprietray solution of the broker, the award-winning worldtradex App. To help facilitate the customer service that worldtradex offers its clients from around the world, it claims to have support in over 30 languages. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying.
This account mimics live trading conditions on popular third-party solutions such as the MT4 and MT5. On the other hand, experienced traders could use this account to test new strategies without risking any real funds. If you are a retail trader in search of a broker that focuses on stocks and forex, then worldtradex should certainly be worth your consideration. With negative balance protection, excellent research and educational content, and responsive customer support, worldtradex stands out as a strong choice for beginner traders. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage.
Being a novice trader…
They are based on “tom-next rates”, or the interest rate differential between the two currencies involved. However, with the zero spread account, you will pay $3.5 commission per 1 lot (100,000 units) traded per side. This commission is paid when you open and when you close the position, totaling a $7 commission per round trip. worldtradex generally offers competitive minimum spreads, especially on major pairs like EUR/USD and GBP/USD, but is occasionally outperformed by IG Markets and AvaTrade on some instruments.
In addition to the US and Canadian stocks, there are equities from 14 European countries, Brazil and Russia. The mobile versions of MT4 and MT5 translate extremely well from the desktop versions, also allowing excellent interaction between devices. The 3 chart types and 30 technical indicators of MT4 migrate well, whilst there are also push notifications for trading alerts. After a 90 day dormant period an inactivity charge is levied at $5 per month (you all lose all bonuses or promotional credits).
It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts. worldtradex does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be. With worldtradex the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them.