worldtradex Review and Rating 2025 worldtradex Forex Broker information including Regulation and trading conditions

In other words, worldtradex is for the pragmatic trader seeking simplicity and efficiency. worldtradex is a forex broker located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC). Also, similar to the copy trading service, there is no guarantee you will make a profit. The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.

• You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims.
• Every aspect, from platform diversity to continuous support, is meticulously refined to align with your trading journey, ensuring that each interaction is a step towards achieving your financial goals.
• It’s more than a service; it’s a companion in your journey towards financial stability and wealth accumulation.
• It is very common for traders to open a Demo account before depositing money into a real account.
• The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.

User Trust Scores and Reviews of worldtradex Broker

On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.

Share trading on worldtradex

Our relentless pursuit of perfection in every facet of our service is our commitment to empowering your trading experience with reliability, innovation, and precision. We’ve created a trader-friendly environment with various deposit and withdrawal options, zero deposit commissions, intraday withdrawals, and round-the-clock customer support. Forex trading fees work using spreads to eliminate additional commissions or fees. Secondly, the ROX platform is a trading platform aimed mostly at stock and options trading in the US, Canada, Mexico, and several European countries. The ROX platform is available for a minimum deposit of USD 3,000, and all trades made here are for the actual securities (no CFDs), and thus comes with a commission on all trades. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.

Support is available 24/7 which stands up well against competitors we have tested. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. This means the broker effectively acts as a middleman to give traders access to the forex market. On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days. However, we are disappointed to find that there are fees for depositing in ECN accounts, the amount of which varies depending on the method you use.

worldtradex Broker Educational Resources

• worldtradex does not charge inactivity fees – a levy we see at many forex brokers we review.
• You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity.
• With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities.

Traders also have the option to open Islamic and demo accounts in worldtradex broker to cater to diverse trading needs. The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders. Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal.

Is worldtradex A Good Or Bad Forex Broker?

The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire.

The IB is a partner that attracts clients for the broker in exchange for a commission for their operations. Obviously, the particular conditions have to be dealt with by the broker directly. The fusion of modern technologies and investment strategies within our Robo-advisor service provides a reliable, intelligent approach to investment. It’s more than a service; it’s a companion in your journey towards financial stability and wealth accumulation.

As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA). The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. worldtradex offers lower fees than most forex brokers based on our evaluation. The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to https://worldtradex.world/ $2, which is significantly lower than most alternatives.

Versatility and Inclusivity in Account Offerings

It has numerous options and functionalities and offers multiple technical analyses, graphics tools, as well as the possibility of algorithmic trading and automation of the operation. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. In this section we’ll show you how to open a live trading account with worldtradex. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions.

The platform focuses on options and futures trading via leading international exchanges, and is offered by worldtradex for free for the basic desktop-based version. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. From on our assessment, worldtradex provides an average offering of market research. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools.

You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Indices follow the performance of baskets of stocks and are perfect indicators of Worldtradex the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. Choosing a safe and reliable broker is essential for successful trading.

This is your chance to be part of a company’s growth story from its nascent stage in the public market. Discover the convenience and capabilities of modern trading systems and experience trading with a reliable European broker. Join the ranks of over 155,000 customers who have already chosen worldtradex’s services. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency.

It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. There is also the CQG platform with four different solutions that can be used to trade futures and options. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses).

Overnight funding fees and other transaction charges, require detailed understanding on the worldtradex platform. Doing so will help you know how the fees work and how to apply them. If you leave your account unused over a long period, worldtradex will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions.