By partnering with a trustworthy broker like worldtradex, you can enjoy peace of mind and focus on your trading activities.If worldtradex violate any regulatory rules their regulated status could be stripped. worldtradex has received many complaints from users about unfair practices. People have reported that the broker withheld their funds, delayed deposits, and removed profits from accounts without explanation.
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. While it provides essential functionalities for trading on the go, it does not excel in this area compared to its competitors. Hence, it is a completely secure and reliable brokerage company to trade with without any worldtradex scandal. The first part of our worldtradex review will focus entirely on the broker’s legality. Being regulated by the FCA (UK), ASIC (Australia) and CySEC (Cyprus), worldtradex is a secure and legitimate broker with a trading license. The connection with the server was well, and I haven’t experienced any troubles in this regard.
Stop Scam Brokers
The broker follows all of the authority’s laws and regulations and is dedicated to providing a secure platform to its customers. Having been regulated by a top financial regulatory body, there’s nothing to be concerned about the broker. Brokers with unclear policies or vague terms and conditions can create significant challenges for investors. Critical information about fees, withdrawal processes, or trading conditions may be hidden or left out, causing unexpected issues for clients. The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.
Very happy with the worldtradex platform
Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. With Autochartist, worldtradex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save worldtradex users time and makes the trading process more efficient. This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
- Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information.
- They may also use tactics like unclear policies, poor customer support, or enticing investment offers to lure in traders.
- However, if you’re looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
- Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.
- They charge a $50 fee after one year of account inactivity and “reserve the right” to charge a hefty 3% of “deposited funds” for an undisclosed period in which funding or withdrawals are made without trading activity.
- The connection with the server was well, and I haven’t experienced any troubles in this regard.
worldtradex Review 2025
With the worldtradex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing worldtradex traders to stay on top of their trades and react quickly to changes in the market. With the worldtradex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market. Beginners and inexperienced traders must take the time to learn how to use the worldtradex trading tools properly. Client funds are segregated from company funds, reducing the potential for misuse.
- However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases.
- I was attracted to this platform by the zero-spread account types.
- Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget.
- The worldtradex group presents clients with two regulated trading entities and maintains a secure trading environment.
Traders have eight account options at worldtradex, where the minimum deposit is $0 for most. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. BRENT oil spot is +3.12 for longs, NAT gas spot is +9.25 for shorts. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
This account type is created especially for newcomers and traders who hesitate to enter the financial markets. With top-notch services and operations, worldtradex focuses on offering a high-speed and seamless trading environment to its clients. The research tool available on the platform will assist you in every step of the trading process. Hello Fedde, We’re delighted to hear that you appreciate our account options! If you ever have more insights or inquiries, feel free to share them with us. Most of all, as many people around there, I admire their accounts.
My account 22785765 my money has not…
I knew there was a catch, and it is in the commission you must pay for each trade.This is somehow an ECN account on steroids 😀The spread is zero, but the fee is higher. Depending on the account, it varies from $7 to $9.Still, it can work out… I think. I recently made my first withdrawal at worldtradex and I chose crypto withdrawal. It was really easy, like as a pie, cuz everything i needed to choose the wallet, insert amount of money, calculate everything and within few clicks money are on my acc.
worldtradex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like worldtradex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for worldtradex traders. Our team has endeavored to break down the complex world of trading with worldtradex into easily digestible information in this worldtradex review.
The support team was helpful and provided us with the necessary information. worldtradex offer educational resources which include VIP Room, Market Trends, Trading psychology, Financial News, Economic Calendar, Webinars, Academy, Video Tutorials, Podcasts, Seminars. Please bear in mind that these resources provided by worldtradex do not guarantee any results when trading. When we checked on the worldtradex website, these educational resources were not available in every language. Also some financial instruments mentioned in any worldtradex educational resources may not be available in your region. To open a trading account with worldtradex, individuals can sign up on the worldtradex website.
What are the types of trading platforms available on worldtradex?
The same is applicable to withdrawals, too, but charges for them don’t look attractive. At least the broker has a source of income to maintain services quality on a high level, blessing in disguise. When evaluating a broker, key factors such as transparency, regulation, and performance history should be considered. Many scam brokers operate without regulation, exposing clients to potential risks.
I used to think that trading conditions…
worldtradex also provides Islamic accounts to cater to the demands of clients of the Muslim faith. Legit websites often reside on servers with many other safe websites. In this case however we identified several unreliable websites hosted on the same server as the website. This may be a negative signal and as a result we lowered the review of To see which other websites are hosted on the same server, please check the “Server” tab lower on this page. Spammers use this information to promote services to website owners. Some website owners therefor chose to hide their contact details.
You can use our article “How to recognize a Worldtradex cheating scam website” to create your own opinion. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information.
It’s crucial to do your due diligence and research the reputation, track record and trust worthyness of worldtradex. You must also ensure the worldtradex broker’s profile, trading tools, fees and regulation aligns with your needs and goals. worldtradex accepts traders resident in most countries except the USA, Iran, Cuba, Sudan, Syria, and North Korea. worldtradex has traders from 180 countries, making it one of the most accessible brokers. worldtradex is a multi-regulated broker, and account verification is mandatory. Most traders will pass verification after submitting a copy of their ID and one proof of residency document.