Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Payments typically take up to 24 hours, though wire transfers may take up to five business days. Worldtradex customers can choose from a good range of deposit and withdrawal methods. 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. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
Commission and Fees
Generally, with the required documents at hand, new traders can expect their account to be operational swiftly, often within a single day. Worldtradex has streamlined its account opening process to facilitate a seamless and expedient onboarding for traders. Consistent with its client-friendly fee structure, Worldtradex does not enforce withdrawal fees. We are implementing the latest technologies to ensure the transparency, security and rapid execution of the account funding procedure. For any withdrawal problems, contact customer support on one of the channels described further below. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions.
Why trade on the MetaTrader 4?
Please click below if you wish to continue to Worldtradex anyway. This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
Forex Fees
Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. Worldtradex also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream.
Established in 2010, Worldtradex boasts a rich market presence, providing diverse options and reliable user engagement. As far as trading volume is concerned, the foreign exchange market is by far the world’s largest financial market, with over $5 trillion traded daily. Trade CFDs on numerous FX pairs and benefit from tight spreads, fast order execution, highest volumes and liquidity. EUR/USD, USD/JPY and GBP/USD are the most popular and liquid among major currency pairs. Worldtradex clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage teams. The Worldtradex customer-centric model offers top trading functionalities through its platforms combined with the widest suite of products at the best pricing and execution.
New users can get started with TradeCopier in four easy steps. Worldtradex’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Alternatively, the MT4 platform is available on mobile browsers. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.
- 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 offers various account types for different trader needs.
- Worldtradex was set up in 2010 by a team of finance and software experts.
- An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
- This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.
Jeff Anberg is a Senior Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and Worldtradex won’t say.
Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Withdrawals below $300 will have a fee of $55 per transaction. Potential traders should conduct thorough research to ensure Worldtradex aligns with their strategies, finances, and risk tolerance. While Worldtradex is a strong choice, individual needs and strategies should be considered. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.
So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all Worldtradex reviews trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. 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. Just a few days ago I closed excellent buy order on EURUSD currency pair.
Clients can take advantage of strong liquidity and reliable execution to trade some of the most well-known and liquid shares in the world. The trading platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind. Compare the markets and instruments offered by Worldtradex and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
Trade the most popular forex trading pairs with low spreads
In the crowded trading platform landscape, Worldtradex stands out for its user-friendly interface and affordable trading. It offers competitive spreads and a wide range of tradable instruments, catering to both beginners and skilled traders. Backed by strong regulations, clients can trade with confidence. Despite some limitations, Worldtradex is a sensible choice due to its features and welcoming interface.
Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads. In addition, leverage for trading currency pairs is quite large. And thirdly, broker provides a wide range of financial instruments, including currency pairs.
Alongside advanced functionality, ultra-fast execution and a user-friendly interface, MT4 is the ultimate choice for online forex trading. It offers beginner education videos and general education on forex and CFDs. Based on its rating for education and beginners, it provides an average educational experience. Worldtradex excels in customer support, providing accessible help through live chat, email, and phone. They go above and beyond, offering assistance outside regular hours.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The Worldtradex customer-centric model combines bespoke trading functionality through its platforms with the widest suite of products to offer the best pricing, execution and liquidity.
All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks https://worldtradex.blog/ to tight spreads, my trading is always efficient. Worldtradex offers various account types for different trader needs. They cater to both beginners and experienced traders with accounts designed for specific trading styles and risk levels. The Foreign Exchange Market, also known as Forex or Currency Market, is a global marketplace where currencies are traded.
- This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook.
- So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy.
- We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
- I also love how cost-effective this platform is, the broker has beginners in mind.
Is Worldtradex A Good Broker?
For those who prefer trading from their computers, Worldtradex caters to both Windows and Mac users, ensuring a consistent and powerful trading environment across all platforms. Worldtradex offers a wide range of trading instruments for diverse investments. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. Mobile users benefit from total trade management without having to sacrifice functionality. The mobile offering also comes with the Worldtradex Research app which gives users an overview of the financial markets and major news events. Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading.
