Now available – For clients with an equity of less than $40k – T&Cs apply. Don’t miss the opportunity to join millions of successful traders worldwide. Empower your financial future — trade smart, trade with worldtradex. Trade with peace of mind knowing your risk is limited to your account balance.
worldtradex broker key features & account types in 2025
These low trading costs offer a significant financial advantage in highly competitive markets, such as forex and CFD. All of these resources combined firmly establish worldtradex as brokers that are committed to providing for every client. This team believes each client is a priority, regardless of experience or the size of their investment. In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews.
Conclusion: Is worldtradex Broker Worth It for US Traders?
- worldtradex services are available all across the globe except for a few jurisdictions, such as Iran, Somalia, Afghanistan, North Korea, Canada and the United States.
- Both are popular and user-friendly, offering a diverse range of features.
- Of the three accounts, the worldtradex Zero is the only one with a commission.
- However, if you are a US citizen residing abroad, you may be eligible to open an account.
Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. Know all the risk and scams with Forex, if you’re against that please refrain from making comments bashing forex trading. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
worldtradex Broker works off of two of the most popular trading platforms – MetaTrader 4 (MT4) and MetaTrader 5 (MT5). A defining feature of these platforms is their user-friendly interfaces. This is a welcome feature for new traders and experienced traders who like a streamlined user experience. By offering these two platforms, worldtradex allows clients the option to choose the platform best suited to their needs. worldtradex Global offers a similar https://lunarcapital.live/ selection of instruments and provides higher leverage options in some instances.
Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries a risk of financial loss and may not be suitable for all investors. CFDs are complex financial instruments and carry a high risk of losing money quickly due to leverage. Between 74–89% of retail investor accounts lose money when trading CFDs.
While it may offer fewer commodities and cryptocurrencies than some market leaders, its overall offering remains competitive, particularly with its extensive stock CFDs and currency pairs. While deposits are free, some withdrawal methods, such as certain bank transfers, may incur small fees. The availability of base accounts in EUR, GBP, USD and JPY can help minimize conversion fees, unlike eToro, which only supports GBP and USD for deposits, holdings, and trades. worldtradex’s deposit and withdrawal options are competitive compared to multi-regulated brokers such as IC Markets, Pepperstone, and worldtradex. While offering access to the same markets as other accounts, the swap-free account adjusts fees to ensure fairness without charging interest. worldtradex offers local payment methods, multilingual support, and regional promotions tailored to various markets like Southeast Asia, Africa, and Latin America.
The instructional videos, which number close to fifty, cover material spread throughout seven distinct courses. The broker begins by teaching traders the fundamentals of forex and CFD trading, and gradually advances them to more complex topics. Furthermore, numerous articles provide in-depth information on various trading issues and general industry standards. Customers who learn best in a live setting have access to complimentary webinar training. Notably, Market Pulse and Strategy Builders are the recent addition to the broker’s educational facility. The virtually funded demo account makes up part of the broker’s offerings.
Money Matters:
- This worldtradex review will take a deep look at various factors you must consider while signing up with the company.
- After filling up the registration form, clients need to upload the supporting documents to complete the KYC process so they may add funds to their accounts and start placing trades.
- Changing the language on your mobile device is pretty simple.
Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, worldtradex caters primarily to a broader range of traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. In order to help their clients make the most of worldtradex’s trade execution, the broker provides free VPS services.
worldtradex Fees & Commissions
It allows you to practice trading with €/$/£10,000 in virtual funds and various leverage ratios. worldtradex also provides negative balance protection and segregates client funds for EU and non-EU customers, helping to safeguard your funds from excessive losses and misuse. worldtradex runs free weekly webinars, workshops, and tutorials in multiple languages, making them an excellent choice for new and experienced traders alike. In conclusion, we addressed the most frequently asked questions (FAQs) to help clients know more about the broker. After reading this review, we believe you can certainly make an informed decision as to whether or not you should sign up with worldtradex.
You can see all trading hours when you login to your account. My only criticism is that there needs to be a localized direct telephone line or a call-back feature, a service offered by ActivTrades. Watch my video walk through of the worldtradex app below to see how it looks and feels, as well as how to place a trade. If you’re seeking a broker without inactivity fees, Vantage might be a suitable alternative.
Consequently, the majority of online forex brokers do not accept US clients because they are unable to meet the tough regulatory requirements of the US authorities. worldtradex is one of the few brokers who have a good reputation among clients on Reddit. The broker facilitates most of its clients via the standard account. A spread is a difference between a financial instrument’s ‘bid’ and ‘ask’ prices. The broker’s spreads on all types of assets seem to be competitive.
However, many US-based traders who have residency elsewhere or trade through global subsidiaries still explore worldtradex for its attractive offerings. Always consult the latest regulations or contact worldtradex support directly to confirm your eligibility. Unfortunately, worldtradex is not regulated by US authorities like the CFTC or NFA, meaning it cannot officially accept clients based in the USA.
worldtradex clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. worldtradex offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. E-wallets are generally faster, often the same day or the next day.
worldtradex Customer Support
Those looking for tight spreads may prefer signing up for the Zero account at worldtradex. While the minimum spread in the zero accounts is 0.0 pips, the broker also charges a commission of up to $7 per round trip on trading stocks and currencies. All other features stay the same as offered in the Standard account. The broker also facilitates trading via MT5 desktop trading platform. Both platforms are powered by MetaQuotes and come equipped with powerful tools and features required for a meaningful trading endeavour.