worldtradex Reviews Read Customer Service Reviews of worldtradexfx com

However, I would like to see other Tier-1 regulators like the Australian Securities and Investments Commission (ASIC) or the Monetary Authority of Singapore (MAS). I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements. MetaTrader 4 is a great option if you use custom indicators or strategies as it provides the MQL4 library which you can use to create bespoke strategies. If you lack the programming skills, the MetaQuotes Marketplace provides a library of 10,000+ custom indicators from the MT4 community you can use. Even at Worldtradex cheating 0.90 pips, I found it’s roughly 18% cheaper than my industry average tests of 1.11 pips for EUR/USD, positioning worldtradex as a low-spread broker.

Non-trading Fees

This applies to all markets including forex, commodities, and cryptos. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. worldtradex broker provides transparent conditions, and when I heard about zero fees on swaps, I thought they were just kidding on us. Actually, after signing up and opening the platform to hold positions for more than 3 days, I wasn’t charged by worldtradex for overniight positions. It’s really crazy, now I’m going to learn more about swing-positional strategies, scalping and intraday are trash for me.

worldtradexFX forex broker (Company Information + Regulation)

Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently. All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. To register, visit the website, verify your email, complete personal info, and upload KYC documents (ID + proof of address). Processing typically completes within 1–3 hours, though the submission process takes just minutes. Finally, choose between a Standard or Custom account, then finalize the process. Click the “Go to Website” button on this page to reach the broker’s application form.

Yes, worldtradex is legal and regulated across multiple jurisdictions covering the EU and Asia. For the EU, it is regulated by CySEC which is a Tier-1 authority and for the rest of the world you will be regulated by MAS or MISA. By being regulated across multiple jurisdictions it allows worldtradex to provide retail financial services to traders across 180 countries. As for account management, I found the deposit and withdrawal services to be fast with same-day funding and withdrawals with no fees.

If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to worldtradexFX. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. CopyTrading is perfect for beginners and those who want to profit without devoting much time to managing their portfolios.

The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders. worldtradex is an STP Forex Broker also runs high standards of secure trading environment, as of the regulation it imposes. The offering to the clients is wide and even comprehensive since it proposes the same if not more investment opportunities to the world trading community. In this worldtradexFx review, you will discover all the details about this broker.

Overall, the account opening process took 3 minutes which is the fastest application I have completed for opening a live trading account. We hope, that reading all of the worldtradex reviews you will find the answers to your questions. In case you don’t, please feel free to contact us via Our dedicated support team is available 24/7. Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise.

• It offers intuitive UX, TradingView charts, and one-touch trading from charts.
• During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4.
• Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple  submit on website and get started.
• I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time.

Deposit Fees

This is a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which could lead to mistakes and over-risking your trades. With worldtradex being an ECN broker, I found MetaTrader 5 can utilise its advanced features like depth of markets tool for you to analyse market order flow. This is a great tool if you scalp or day trade as you can use the data to find hidden support or resistance while helping you spot breakout trading opportunities. I was curious to know why they offer this as other brokers are not so generous when it comes to absorbing the swap costs. worldtradex said that offering swap-free accounts aligns with its business goal of serving a global clientele.

Withdrawing from my account was also fast, according to my account manager each withdrawal takes roughly 2 hours to get approved. Once approved you can expect the funds to be in your bank account/wallet within 30 minutes which is extremely good service in my opinion. I think having worldtradex Copy is a good alternative for beginners or those who don’t want to invest their time in learning how to trade. At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold. A nice feature I liked was the order ticket showing your potential profit and loss in monetary value compared to just in pips like other platforms.

Are there any commissions or fees for trading with worldtradexFX?

This makes worldtradex an attractive option for stock trading CFDs as you won’t need to worry about swap fees cancelling any day’s profits, so you can keep the positions open. Dear worldtradexFX Support Team,I hope this message finds you well.I am writing to kindly request you to unblock my account. I understand that the selfie verification process must be completed within 14 days. However, only 5–6 days have passed since the request was made.Due to illness, I was unable to provide the selfie verification in time.

Conditions are also based on enityt, as EU account offering is different. The broker has built a substantial global presence over its years of operation. worldtradex reported serving over 12 million trading accounts across more than 150 countries, with particularly strong penetration in Asia, Africa, and Latin America.

worldtradexFX offers 277 assets, including 50+ forex pairs, 150+ stock CFDs, 34 cryptocurrencies, commodities (gold, oil), and indices. While ERC20 is reliable, traders seeking lower blockchain fees may opt for the worldtradexFX TRC20 withdrawal alternative. worldtradex https://worldtradex.bid/ applies no direct charges to client accounts and additionally reimburses any deposit or withdrawal costs imposed by external payment processors.

#4 Enter Personal Info & Choose Account Type

There is no rollover fee if you hold open positions overnight with worldtradexFX. The great thing here is that you can also sign up with a couple of clicks through Facebook or Google, and the account does not expire at all unless you are inactive for 30 or more days. Until recently, the broker had also been regulated by the FCA, however worldtradexFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer.

Master’s Fees

• Dear Shoaib Akhtar,Thank you for reaching out to us and for sharing the details of your situation.
• With 300 markets I found worldtradex provides the major financial instruments most traders would focus on such as forex majors, gold, stocks like Tesla, or cryptocurrencies like Bitcoin.
• Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies.
• The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date.
• This function gives pertinent insights in real-time, hence improving decision-making.

worldtradexFX is a global forex and CFD broker that has been providing online trading services since 2011. Headquartered in Saint Lucia, the company has grown to serve over 12 million client accounts from more than 180 countries. worldtradexFX is regulated by several decent financial authorities and has a good record in that regard. worldtradex is powered by its own platform—worldtradexTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.

Additionally, Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number from the Financial Sector Conduct Authority (FSCA) in South Africa. It is also regulated by the Financial Services Commission Mauritius (FSC) and Mwali International Services Authority (MISA) for non-EU clients. The profile for each trader was more detailed showing profit and loss, drawdown, and copy follower growth which I like to use as a leading indicator of trader performance. You also have a track record of the trader’s order history, giving you a transparent insight into the trader’s performance. You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders. I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move.