The worldtradexFX broker, for a long time in European countries, has been providing services to traders in more than 100 countries. You might be surprised, the company is currently serving more than 1,500,000 traders. Here, according to the ECN (electronic communication network) model, the platforms can be selected. Opening an account with worldtradex is done online with a few simple steps which enable you to set up a real or demo account.

Can’t see your question? Ask to get answers from the worldtradex staff and other customers.

• Here the broker makes a special fixed exchange rate of 1 USD to 10,000 IDR available that can help traders combat currency volatility.
• The minimum deposit on this type of account starts from only $25.
• Dear Nsizwa Cromet Molepo, We sincerely appreciate you taking the time to share your experience with worldtradex.
• They are fees necessary for trading, which users must  pay before or during trading.
• But its roots are actually in the island nation of Saint Lucia.

The cashback rebate program returns a percentage of the trading spread, subject to conditions such as trading volume. Our expert guides and analysis have everything you need to hit the ground running. Bonuses of 10%, 20% or 50% can be claimed on each deposit with worldtradexFx but there are even bigger bonuses available during holidays and other limited-time events. With a rating of 4.4 out of 5 after 3.9K+ reviews, the company reputation speaks for itself regarding legitimacy concerns.

worldtradex (formerly worldtradexFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. Don’t be fooled by this worldtradexFx, they are blocking and returning the money of many customers from the market, when you try to withdraw, they show strange reasons and finally they are stealing your money. I have worked with them for three years and for the last 7 days they have not allowed me to withdraw the balance of some of my accounts. I used to mail and message them at least times a day but they used to give the same answer (your issue is being looked into and will be resolved very soon). They are running away with the balance of thousands of people, maybe we are slowly realizing it.

worldtradexFX Main Features

Furthermore, Emirati traders have complete control over the withdrawal of their accrued rebates based on the withdrawal options available. To use the VPS service, you must have an active account and a minimum deposit of $500. Yes, worldtradexFX provides various research tools, including market analysis and real-time charts. The time it takes to process worldtradexFX deposits varies depending on the payment method chosen.

worldtradexFX Trading Instruments

If you see a drop in the market price, then you need to click on ‘Sell’. On the other hand, if you see that the price has increased, then click on the ‘Buy’ button. Investing here means trading currency, cryptocurrency, any product, stock, and much more. Shares of worldtradexFX are excluded from the market subject to the terms of the German Stock Exchange and the American Stock Exchange. worldtradexFX assets are always dependent on the current market.

• worldtradexFx offers its users different payment methods to be used either for deposits or withdrawals.
• You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
• First, it charges no commission, and the spreads are also tight to ensure everyone knows the details.
• The MetaTrader platforms are well known for facilitating copy trading and developing trading forums.
• The most I liked was the MT5 trading platform with its advanced indicators.
• On the contrary, we offer traders more freedom and flexibility in their trading and vast educational materials.Nevertheless, we realise that regulation is a crucial point for our traders.
• Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs.

Customer Service

However, its lack of top-tier regulation may be a concern for those looking for a highly regulated broker. worldtradexFX is a solid choice for traders looking for a low-cost, user-friendly broker with competitive spreads and flexible trading conditions. Its range of trading instruments, including forex, commodities, stocks, and cryptocurrencies, makes it appealing for a wide variety of traders. The fact that worldtradex offers an almost institutional-grade trading experience doesn’t mean beginner traders are in any way disadvantaged. Quite the opposite; the firm simply offers reliable, fast, low-cost trade execution using market-leading platforms.

Brokers Guides

The texts on this page are not are https://worldtradex.pro/ not investment recommendations. Overall it is a professional provider for forex and CFD trading. The trading conditions are very good and the trading fees are low. In addition, copy trading and a deposit bonus are offered.

worldtradexFX utilizes all of the tools that are in place with your trading platform to help you to do this. If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs.

I would say this is the platform of choice for the professional trader. However, it is not available through many brokers so you could limit your options should you decide to switch brokers down the line. That being said, you can get cTrader and the MetaTrader platforms from another top broker in Pepperstone. It allows clients to learn and try multiple risk management strategies without any deposit. The worldtradexFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. Demo accounts come with a default $5,000 funding on creation.