Depending on the withdrawal method used, the minimum withdrawal amount is $5. However, customers can withdraw as many times as they wish and withdrawal is free. In their review, they claim their European entity being largely unregulated is a red flag.
You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right for you. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage. After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed.
MetaTrader 4
There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies. They are fees necessary for trading, which users must pay before or during trading. This could include opening an account with worldtradex Markets Cyprus Ltd, or Uni Fin Invest which is worldtradex’s Mauritius entity. 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. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements.
Trade with a global broker to achieve your investment goals.
worldtradex (formerly worldtradexFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. The real door to trading Forex is a trading account, and you can open it upon registration. We measure success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high our clients’ expectations are.
The deposit options with worldtradex are decent, giving you multiple ways to fund your account with no deposit fees. The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit. Out of the options available, I think MT5 is the best option with worldtradex as it has the most technical features while also offering all of the broker’s financial products. One of worldtradex’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. I opened an MT5 Trading Account to test the broker’s trading conditions and I was impressed with the spreads worldtradex supplied.
- MT4 and MT5 are the gold standards when it concerns automated trading solutions.
- This plays well into your hands as you will always receive the best available price from the network, leading to cheaper trading fees and better profit potential.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
The broker’s login process begins with a visit to the official site, worldtradexfx.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed. Aside from the products and services already discussed in this review, worldtradexFx offers more.
worldtradexFx Account Types
In this section, we are going to be looking at these extra https://worldtradex.blog/ products and services. The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security. It has management systems that ensure that clients do not lose more than initially invested.
worldtradexFx Customer Support
It allows clients to learn and try multiple risk management strategies without any deposit. The worldtradexFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. However, clients can choose their preferred virtual balance of the account in order to dictate the pace of their learning process themselves. The broker claims to offer competitive spreads as compared to other forex brokers.
Most clients with high volume accounts have an https://worldtradex.pro/ adverse opinion about the company. They complain of worldtradexFx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, worldtradexFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy.
worldtradexFx Review 2025: Platforms, Apps, Safety, Pros & Cons
When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. Naga is a licensed, publicly-listed broker founded in 2015 with over 1 million registered users. This review will show you how to open an account at Naga to begin online trading and investment.
It is regulated by the FSC in Mauritius, the Mwali International Services Authority (MISA), and CySEC for European traders. The broker has also been operating for 12 years, which is a strong signal of safety in my book. Amongst the new features and platform improvements, you can still automate your trades with MetaTrader 5 and Expert Advisors.
Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks. We will discuss the broker’s regulations, verification processes, deposit & withdrawal options, minimum spread, maximum leverage, online trading fees, and investment safety measures. With 54B+ trading volume and 933K+ positions opened, Alvexo has grown to accommodate an ever-growing 300K+ members. This review will explore the broker’s regulations, online trading fees, safety policies, leverage, spread, deposit & withdrawal methods and account opening processes at Alvexo. worldtradexfx’s low minimum deposit requirements allow everyone to easily trade.
