MT5 is ideal for traders who are looking for more advanced tools for both forex and multi-asset trading. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.
worldtradex email support works well and typically provides answers in 24 hours or less. However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15. Subsequently, you will be charged $5 monthly if this inactivity persists. worldtradex has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry.
Consider the size of leverage
Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. Micro and Standard accounts have slightly wider spreads compared to Ultra Low accounts, but both are eligible for the worldtradex Loyalty Program. If you already have an worldtradex account, please state your account ID so that our support team can provide you with the best service possible. Increase your trading power with every deposit and make every trade count – T&Cs apply. By using our LiveChat, you agree that any personal data provided via LiveChat will be processed by us, as per our Privacy Policy, for the purpose of receiving assistance from our Customer Experience team.
MT4 for Tablet and Mobile
Beginners also have an opportunity to interact and learn from experienced traders on the broker’s trading platform. When it comes to education, worldtradex does a great job of teaching both new and experienced traders several strategies and approaches to trading financial markets. If you are a new trader, you can learn by watching videos on the platform in the Beginners Room, then practicing with a worldtradex demo account.
Our reviews are unbiased and comprehensive, and we always look for new brokers and products. worldtradex broker allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading.
Open an account today to access fair conditions and get everything you need to achieve your trading goals. There are no withdrawal fees with create cards, However, there is a $15 per withdrawal for bank transfers below $200. In total, there are 356 different CFDs offered by worldtradex, with five of these being cryptocurrency CFDs. There are 57 currency pairs on offer and they don’t offer any ETF products. This includes over 350 CFDs, as well as 57 currency pairs and 5 cryptocurrency CFDs.
Tradable Instruments
These agencies ensure that worldtradex consistently complies with best practices and remains transparent when dealing with clients. This makes it one of the most trusted brokers as far as investor protection is concerned. The mobile trading platform allows traders to gain access to multiple tradable assets, including forex, crypto, and CFDs. At worldtradex, traders have the opportunity to explore a wide variety of tradable markets, with popular platforms like MT4, MT5, and the worldtradex App offering access to numerous Forex and CFD instruments. If currency pairs are your preferred market, you can gain great market exposure and trade over 50 currency crosses.
Assets Review
Given worldtradex’s broad global presence, traders should be mindful of these potential risks. worldtradex’s adherence to regulatory standards ensures a level of protection for clients’ funds. Additionally, worldtradex utilizes advanced encryption methods to protect clients’ personal and financial data, providing an extra layer of security. worldtradex has a great mobile trading platform, which is offered on MT4 and https://worldtradex.world/ MT5. The platform is highly user-friendly and provides a great search option.
Get more than a trading account at worldtradex
While trading highly liquid instruments during both the European and US sessions, we encountered a mix of slippage along with price improvement, typically within a range of no more than two pips either way. worldtradex does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user’s responsibility to ensure that any use of the website or services adhere to local laws or regulations. worldtradex does not affirm that the information on its website is suitable to all jurisdictions. Login with your email if you just registered, or you already have an worldtradex profile.If you don’t have an worldtradex profile yet, enter your MetaTrader credentials to proceed with creating one. The worldtradex profile consolidates all your trading accounts under the same email, allowing you to login with your email address.
- Enter the world’s most liquid market with the confidence of having a leading broker at your side.
- worldtradex does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts.
- worldtradex’s customer service is easy to access and provides support in multiple languages.
- Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges.
- The layout is straightforward, making it easy for beginners and experienced traders to find their way around.
- worldtradexTrading offers access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, making it a suitable choice for traders of all levels.
- If you already have an worldtradex account, please state your account ID so that our support team can provide you with the best service possible.
- The program is designed to benefit active traders based on their trading volume.
- worldtradex is a highly regulated and trusted broker with over 5 million clients globally.
- To keep funds secure, segregated accounts are sometimes held with top-tier banks.
- However, the range of deposit and withdrawal options as well as commissions charged per trade can be improved upon.
- No matter the platform you choose for your trades, you can be sure that you will enjoy great market exposure.
- They have the necessary approval from the CySEC in Cyprus as well as being a ASIC regulated entity in Australia.
worldtradex Group offers free comprehensive education and research tools for traders including Analyzzer signals, daily technical analysis, market research and daily market commentary. The key point is that you must follow the withdrawal hierarchy for the deposit methods you have used before selecting any other withdrawal option. For example, if you have not used a credit card or a crypto account for deposits, you do not need to create one for withdrawals. You can proceed with the next available method in your withdrawal options, which could be an e-wallet or bank transfer, depending on your previous deposit methods and worldtradex’s policies for your region.
Users at all levels will appreciate the extensive research and education section on the website. Research is provided by the broker’s Market Overview, worldtradex Research, Trade Ideas, worldtradex TV, Podcasts, and Technical Summaries sections. Education programs offered by the company include Forex Webinars, Seminars, Platform Tutorials, and Educational Videos. worldtradex is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200. The worldtradex trading fees on CFDs are extremely low and there are no withdrawal fees. In addition to paying commissions, you may have to factor in the cost of spread while trading. However, some users have complained about slow and unclear withdrawal processes, occasional platform issues during volatile markets, and confusing bonus terms that might not be easy to use. These issues seem to affect certain regions more, especially in Africa and parts of Asia, where local banking systems, internet issues, and regulations might make things harder.
