WorldTradex Broker: A Review

However, traders seeking a wider range of financial instruments will likely be disappointed. In this case, it would be smart to consider an alternative broker mentioned at the end of this review. When evaluating WorldTradex Broker reviews, it’s critical that a variety of criteria is considered. This helps to ensure the broker performs in the areas that meet your needs and trading style.

Deposits & Withdrawals

Both the WorldTradex research and educational offerings are of a very high quality and quantity. This is ideal for bother beginner and intermediate-traders and would probably even appeal to more advanced traders. In addition, swap-free Islamic Accounts are available which feature no rollover interest or overnight positions in accordance with the Islamic faith.

You must be diligent and thorough in your WorldTradex review selection process to safeguard your hard-earned money. 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. Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like WorldTradex.Choosing or shortlisting a trading platform like WorldTradex can be time consuming. WorldTradex offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers).

Expertise and Experience:

I trade forex pairs and stocks, and frankly the costs stemming from my trades are minimal thanks to the low spreads from the broker.Regarding the customer support, they are trully attentive and fast to reply. WorldTradex caters to new traders with features like low minimum deposits (starting at $5 for certain accounts) and demo accounts for risk-free practice. WorldTradex is definitely winning as Broker for Beginning Traders the Education quality and available seminars/ webinars are excellent, yet some similar Brokers also provide a great education. Also, the minimum deposit is only 5$ while others even suggest from 0$, still all are very competitive. The platform selection is basic with MT4 and MT5 available, while similar Brokers like AvaTrade also include professional COpy Trading and proprietary softwaare to diversify more.

WorldTradex provides a good choice of user-friendly platforms for traders using any device. MetaTrader enthusiasts will be happy to see that both MT4 and MT5 are available. The WorldTradex app also allows easy mobile trading from almost any mobile device, or there is the choice to use the MT4 or MT5 app if you prefer.

WorldTradex Broker Review (

This earns WorldTradex high marks in this area, however, only offering two options is limiting. We’ve reviewed the top forex brokers in the industry, and a commonality that they share are great educational resources. WorldTradex Brokers offer a complete WorldTradex Learning Center, with a range of materials to improve trading knowledge and skills.

Meet the Experts Behind Our Unbiased Reviews

  • The registration process at WorldTradex is straightforward and swift, especially if you are only looking to start exploring the broker with a Demo account.
  • This is a broker that is primarily focused on forex trading, along with a range of CFD markets.
  • Overall, WorldTradex’s user-friendly fee structure and competitive spreads make it attractive to traders.
  • Trading Point MENA Limited is regulated by Dubai Financial Services Authority (DFSA).
  • WorldTradex offers a variety of deposit methods, including credit/debit cards (Visa, MasterCard), bank wire transfers, and e-wallets like Skrill, Neteller, and PayPal (depending on region).
  • In the end, we hope you have the tools needed to make an informed decision when choosing a broker.

The program provides bonuses based on the referred friend’s initial deposit and trading activity, offering an incentive for bringing in new clients. WorldTradex supports withdrawals via the same methods https://worldtradex.pro/ used for deposits, including credit/debit cards, bank wire transfers, and e-wallets. Withdrawals are processed within 24 hours, though bank transfers may take a few additional days to reflect in your account. However, you can use third-party services like Myfxbook or external copy trading platforms that integrate with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) accounts on WorldTradex. These regulatory bodies ensure that WorldTradex adheres to strict industry standards, providing a secure trading environment for its clients.

Can I test WorldTradex on a demo account?

  • The broker offers variable spreads and fractional pip pricing, ensuring the best prices from its liquidity providers and allowing clients to benefit from the smallest of price movements.
  • It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees.
  • WorldTradex has a very generous range of educational resources and research tools, which can be found on its website’s “Research & Education” page.
  • Modern brokers like WorldTradex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources.
  • WorldTradex keeps a clear charge schedule overall, but traders should take these extra expenses into account while running their accounts.

By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. WorldTradex supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which are available on desktop, web, and mobile devices. These platforms offer advanced charting tools, one-click trading, and automated trading capabilities through Expert Advisors (EAs), catering to traders of all experience levels. The minimum deposit at WorldTradex is $5, making it accessible for traders of all levels.

The broker has a super-fast account opening process that is can be completed online in minutes. They do not charge extra fees on transactions and have very low trading fees. They require a small $5 minimum deposit for opening an account and also provide free demo accounts. However, the broker doesn’t disclose its financial statements and is currently not a traded company on any exchange. They also charge inactivity fees and cannot accept clients from some countries, including the USA.

Trading Instruments

However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice.