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.

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.

Why trade on the MetaTrader 4?

• Clients can take advantage of strong liquidity and reliable execution to trade some of the most well-known and liquid shares in the world.
• It actually determines the exchange rate for currencies worldwide.
• Currencies are always traded in pairs, so each currency’s value interrelates with the value of the other.
• Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels.

Worldtradex ensures that traders can quickly access their accounts without the need for software downloads by providing web trading applications. These are tailored for instant access, maintaining the high standard of user experience as their desktop counterparts. It is fully equipped with front-end terminals and back-office reporting functions. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.

MetaTrader4

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.

Account Types

The broker charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, Worldtradex provides a standard cost structure without significant advantages. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform. If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands.

Start using MetaTrader4 with Worldtradex

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.

Worldtradex recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. The software is considered one of the best in the industry, especially for forex trading.

Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Our award-winning trading platforms, for web, desktop, mac and mobile, include an advanced charting package and many customizable tools, allowing all types of traders to access their accounts. Worldtradex excels in forex trading, blending traditional and modern financial instruments. It offers various account types for both beginners and experienced traders, emphasizing transparency and adaptability.

• Traders can also get started with a $100 minimum deposit while the Worldtradex.com group has good reviews from other users online.
• Worldtradex places a significant emphasis on empowering its traders through research and education.
• Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available.
• Clients wishing to diversify their portfolio with trades in gold and silver can take advantage of the emergence of spot metals as a strong asset class.
• Forex market hours are flexible and allow traders to trade currencies 24 hours a day, five days a week, except weekends.
• The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08.

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.

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, https://worldtradex.world/ such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.

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.

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.

The broker prioritizes customers by providing a demo account for risk-free practice and offers Islamic accounts to respect diverse client backgrounds. They also maintain segregated accounts for financial integrity. Note that US traders are restricted Worldtradex reviews and managed accounts are not available. Currencies are always traded in pairs, so each currency’s value interrelates with the value of the other.