For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. worldtradex offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering.
Currencies accepted for deposits/withdrawals
Although worldtradex is not regulated by top-tier authorities like the FCA or ASIC, it has earned a strong reputation in the industry through its transparent practices and consistent focus on client protection. This approach has allowed worldtradex to build trust among traders worldwide and establish itself as a reliable option for forex and CFD trading. With more than 42 million accounts spread across 180 countries, multi-regulated broker worldtradex provides a wide range of trading options across asset classes. worldtradex provides low spreads, no commissions, and a minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices. worldtradex offers 24/7 customer support through live chat, email, and phone, ensuring traders can receive assistance whenever needed. The support team is recognized for being responsive and knowledgeable, helping clients resolve issues efficiently.
Does worldtradex support social copy trading?
worldtradex enables traders to access popular commodities such as gold, silver, and crude oil. These instruments are offered as CFDs, allowing traders to take advantage of price movements without the need to physically own the commodities. This structure provides flexibility and the potential for profit in both rising and falling markets, making it a convenient option for those looking to diversify their trading portfolio with commodities. By offering CFDs, worldtradex ensures that traders can easily participate in the commodities market with lower capital requirements and enhanced leverage options. worldtradex offers the cTrader platform, renowned for its fast execution and low latency. Favored by ECN traders who need tight spreads and an advanced trading interface, cTrader provides a seamless trading experience.
Trading Instruments and Products
The platform’s use of segregated accounts, SSL encryption, and secure withdrawal processes gives traders confidence that their investments and information are well protected. Furthermore, the Negative Balance Protection feature ensures that traders are shielded from losing more than their initial deposit, making worldtradex a reliable and secure choice for online trading. Another program offered by worldtradex is a tiered loyalty program (without fees), where traders advance through categories based on their account balance, gaining access to benefits and rewards. The worldtradex Status Program allows traders to unlock various benefits based on their trading account balance.
By offering indices as CFDs, worldtradex gives traders the opportunity to participate in global markets with lower capital requirements and enhanced leverage options. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. worldtradex provides robust security measures for both client funds and personal data.
worldtradex is an international broker that has been providing online trading https://worldtradex.club/ services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. The dashboard, or client portal, provides relevant information and tools regarding the account.
Account Types and Benefits
This feature ensures that traders cannot lose more than their initial investment. In our review, we only had the option to use Neteller, Skrill, and cryptocurrencies. Even after verifying our identity, those were the only methods available to us.
Recognized as a reliable broker as worldtradex operates for many years, it is fit for most traders, especially International traders since worldtradexFX proposal internationally is much wider and better quality too. 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 https://worldtradex.world/ 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. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available. worldtradex doesn’t require a minimum deposit to open an account, a notable point in their favor.
The suitability of a broker is largely dependent on individual trading preferences and goals. From our assessment, worldtradex emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration. However, the range of available methods for the region where the review was conducted from is not very broad, as transfers and credit cards (debit) are not available. Still, the experience with cryptocurrencies was quick, successful, and efficient. The worldtradex platform provides a web-based and mobile alternative, but there is no desktop version, which can be inconvenient for traders who prefer a dedicated program over a web browser.
Additionally, the broker provides promotions and bonus programs, along with 24/7 customer support, aiming to enhance the overall user experience and sustain its global presence. worldtradex is an international broker ideal for traders looking to operate under competitive conditions. It offers high leverage, a diverse range of instruments, and user-friendly trading platforms. In addition, worldtradex provides extra services to its clients, including educational content, relevant information, bonuses, and customer support, which are readily available to resolve any issues.
- worldtradex has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
- In addition, worldtradex provides extra services to its clients, including educational content, relevant information, bonuses, and customer support, which are readily available to resolve any issues.
- worldtradexVision is an AI-powered tool that helps traders improve their performance by offering personalized analysis and feedback on their trading behavior.
- worldtradex is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA).
- Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), worldtradex’s lack of additional reputable licenses heavily weighs down its Trust Score.
To properly increase their trading skills, the platform provides thorough instructional tools, including webinars, beginning and advanced trading videos, and trading glossary. worldtradex also offers a demo account tool so that beginners may test trading with virtual money, therefore reducing risk. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further.
Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. worldtradex Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with worldtradex European entity will fall under ESMA regulation Leverage.
We consulted customer service, and they confirmed that these were the available methods for our accounts. worldtradex affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency. The available methods vary depending on the client’s residence and may include local bank transfers.
In addition, worldtradex’s website features a comprehensive FAQ section, providing answers to common queries and offering further support for users. This commitment to customer service enhances the overall trading experience, giving traders confidence that help is readily available when required. worldtradex regularly offers bonuses and promotions to attract new clients and reward existing ones. These promotions include deposit bonuses, trading contests, and cashback offers.
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