For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. Deposits into worldtradex trading accounts can be made in various currencies, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR and USDT. It is possible to make deposits in other currencies outside these listed but there will be exchange fees. worldtradex is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries. worldtradex is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources.
In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews. However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours. At worldtradex the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support. Our overall experience trading on worldtradex has been positive, with consistently fast execution on trades.
However, it’s important to understand that slippage can be influenced by several factors, such as high market volatility, https://worldtradex.club/ trading during major news events, and the liquidity of the instruments being traded, particularly with exotic pairs or during lower-volume periods. Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges. Given worldtradex’s broad global presence, traders should be mindful of these potential risks.
- This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries.
- What we advertise is what we give our clients, regardless of the size of their investment.
- Founded in 2009, worldtradex has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs.
Currencies accepted for deposits/withdrawals
This approach ensures that readers get a clear picture of worldtradex’s strengths while being aware of potential limitations depending on their region. There is a reason why over 10 million clients choose worldtradex for Forex Trading, Cryptocurrencies Trading, Commodity Trading, and Stocks, Metals, and Energies Trading. Nobody does more to provide you with what you need to maximise your trading potential. Stay informed with daily market updates and analysis from the worldtradex Market Intelligence Team.
At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. Founded in 2009, worldtradex has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs. The platform is primarily designed to support traders ranging from beginners to intermediate levels. worldtradex provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms. worldtradex, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide.
Over 1,200 stock CFDs, more than 100 traditional stocks (subject to regional restrictions), 12 turbo stocks (subject to regional restrictions), more than 20 indices, and over 5 commodity CFDs are available. There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the worldtradex Shares Account which has a minimum $10,000. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. Leverage at worldtradex varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. You demand the best trading experience; our awards reflect our desire to provide it.
Regulated regions
While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders. If you’re thinking of using worldtradex, just keep these potential challenges in mind and evaluate how they align with your trading goals and risk tolerance. 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. worldtradex Group offers free comprehensive education and research tools for traders including Analyzzer signals, daily technical analysis, market research and daily market commentary.
Trade Forex, Crypto CFDs, Stocks, Metals and More
worldtradex offers Islamic swap-free accounts, featuring no swap or rollover interest, unchanged spreads, no upfront commissions and traders can hold positions indefinitely. In contrast to some other brokers that charge an admin fee after a certain time period. To open an Islamic account, traders must first create and verify a regular account, then request the Islamic option. worldtradex Global offers a similar selection of instruments and provides higher leverage options in some instances.
The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai). worldtradex offers diverse financial instruments and is known for competitive trading conditions. Our clients can choose to trade forex and CFDs on cryptocurrencies, stock indices, commodities, stocks, metals and energies, from the same trading account. With a wide range of trading instruments available from a single multi-asset platform, worldtradex makes trading easier and more efficient. worldtradex offers a modern and easy-to-use trading platform that works well for traders at all levels.
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. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients.
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. 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 https://worldtradex.pro/ 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. It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals.
Easy Access to 1,400+ Global Assets
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. Start trading on one of the best multi-asset platforms in the industry and leverage the power of a global broker.
Get started with the MT4 platform in any way you prefer and enjoy a seamless cross-device experience designed to fit your trading style. We have clients from over 190 countries and staff speaking over 30 languages. Our management has visited over 120 cities globally to understand clients’ and partners’ needs. Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away. worldtradex has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. worldtradex is unable to accept clients from the United States of America, Canada, Israel and Iran.
